Water Treatment Chemicals Market Size Global Industry Analysis 2018 | Demand, Growth Factors, Supply, Latest Rising Trend & Forecast to 2023

Water Treatment Chemicals Market to Worth USD 26 Billion by 2023, Posting a CAGR of 5% from 2016 – 2023
Global Water Treatment Chemicals Market: Information by Type (Coagulants & Flocculants, Corrosion Inhibitors, Scale Inhibitors, Biocides & Disinfectants), End-Use Industry (Municipal Water Treatment Plant, Chemical Processing, Power Generation), and Region—Forecast till 2023

Industry/Innovation/Related News 

July 09, 2018 – Modern Water Plc., (UK), an eminent provider of advanced membrane technology inaugurated the world’s first brine treatment plant in Vadodara (India).  The new Vadodara based brine-treatment unit, based on Modern Water’s all-membrane brine concentration process (AMBC) can treat technically challenging waste water released by the Indian chemicals giant Bodal Chemicals. 

This is a crucial part of an energy-efficient treatment process for a highly saline organic-laden effluent stream from the dye manufacturing operation that achieves zero liquid discharge. 

Global Water Treatment Chemicals Market –   Competitive Landscape 

The competitive market of water treatment chemicals appears to be fragmented owing to a huge number of companies operating in the market, churning the market competition. Increasing innovations and technologies will generate strong investment opportunities for the players. They strive to continue to commercialize other techniques that can lower the production. 

To gain the competitive advantage, these players try to attain expertise in developing techniques, managing supply chains and in-depth domain knowledge in a number of advanced materials in addition to the prevailing strategies such as acquisition, partnership, and expansion of manufacturing facilities. 

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The competitive landscape of the market is determined by evaluating numerous market participants along with their production chain, production capacities, and the revenue generated by the each manufacturer. 

Global Water Treatment Chemicals Market – Segmentation 

The MRFR analysis is segmented into three key dynamics for the convenience of the report and enhanced understanding; 

By Types: Scale Inhibitor, Corrosion Inhibitor, Biocides & Disinfectant, Anti-foaming agents and Chelating agents, among others. 

By Applications: Food & Beverage, Municipal Water Treatment, Chemical Processing, Power Generation, and Oil & Gas, among others. 

By Regions:  North America, Europe, APAC, and Rest-of-the-World. 

Water Treatment Chemicals Market – Regional Analysis 

The Asia Pacific region accounts for the leading market for water treatment chemicals mainly due to the ample availability of feedstock, and cost-combative labor force. The increasing development strategies drive the market growth in the region, fulfilling the demand for the product. 

Attributing to the growing awareness in the region towards the benefits of wastewater treatments, the region is likely to retain its hegemony over the global market during the assessment period, witnessing the largest production and consumption of these chemicals. The largest number of manufacturing plants and consumption in the countries such as India, Taiwan, and South Korea is the key driving force for the market growth in the region. 

The Europe region is emerging as the second-largest market for the water treatment chemicals, accounting for the substantial growth in the global market. Factors substantiating the market growth include the presence of well-established end-use industries and rising expenditures on R&D and innovation in the countries like the U.K., France, Germany, and Italy. 

Evidently, the resurging economy in the region is a key driving force for the market growth which is invariably increasing the consumer spending, improving their purchasing power. Owing to the upsurge in the food processing and water treatment sector, the region is expected to witness a phenomenal growth during the assessment period. 

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