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Water Treatment Chemicals Market by Type, End User, Region - Global Forecast to 2022

Water Treatment Chemicals Market: Global Forecast until 2022

  • September 2017
  • 149 pages
  • ID: 5117903
In this report:
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"The water treatment chemicals market is estimated to rise at a compound annual growth rate of 6.00 percent between 2017 and 2022."

The water treatment chemicals market is forecasted to grow from ~$42.2B in 2017 to ~$56.6B by 2022, at a compound annual growth rate of 6.00 percent between 2017 and 2022. The growing demand for chemically treated water from several end users is predicted to push the increase of the water treatment chemicals market across the world during the outlook period. Additionally, stringent implementation of different regulatory and sustainable mandates concerning environment is also anticipated to boost the industry demand for water treatment chemicals across the world between 2017 and 2022. Use of alternate water technologies for water treatment by several end users is a main restraint for the increase ot the water treatment chemicals market.

"Established on category, the biocides & disinfectants segment of the water treatment chemicals market is presumed to grow at the maximal CAGR (Compound annual growth rate) during the estimate period, in terms of value concern."

Established on category, the biocides & disinfectants segment of the water treatment chemicals market is expected to increase at the maximal compound annual growth rate (CAGR) during the outlook period in terms of value significance. Biocides & disinfectants are used in cooling water systems including cooling towers, condensers, and compressor systems as these systems usually provide optimum conditions for microbial increase due to wide temperature and pH ranges, continuous aeration, and presence of different organic and inorganic nutrients and sunlight. Moreover, biocides & disinfectants are also used in pulp & paper and oil & gas sectors to inhibit the microbial increase as the uncontrolled biofouling affects the production processes as well as the quality of finished products.

"The Asia-Pacific water treatment chemicals market is expected to rise at the highest CAGR (Compound annual growth rate) during the estimate period, in terms of value importance and quantity."

The Asia-Pacific water treatment chemicals market is expected to grow at the highest compound annual growth rate (CAGR) in terms of both, value as well as volume. Increasing number of automotive worldwide, growing overall population, quick urbanization, growing scope of exploration of oil & gas and their production, easy availability of low-cost labor, and affordable raw material prices in the Asia Pacific (APAC) area are the factors fueling the rise of the water treatment chemicals market during the outlook period.

China (CN) led the Asia-Pacific water treatment chemicals market in terms of quantity in 2016. The increase of the China water treatment chemicals market can be accredited to the significant growth in the consumption of water treatment chemicals in the area. This increased consumption of water treatment chemicals in China (CN) is a result of the growing population, rising oil & gas exploration and production activities, growing power generation, and increasing mining sector in the area.

The industry sizes estimated in this analysis have been validated through primary Q&A managed with different market experts, globally. Those primary sources have been sliced into three class:

• By Company category: Tier 1 - 25.0 percent, Tier 2 - 50.0 percent, and Tier 3 - 25.0 percent

• By Description: C-suite - 20.0 percent, D-level - 30.0 percent, and Others - 50.0 percent

• By Area: North America continent - 20.0 percent, Europe (EU) - 30.0 percent, Asia Pacific (APAC) - 25.0 percent, Central & South America region - 15.0 percent, and the Middle East (ME) & African continent - 10.0 percent

The report profiles the leading actors in the water treatment chemicals market that contain BASF SE, Ecolab Inc., Akzo Nobel (AMS:AKZA), and Kemira OYJ. The analysis also comprises the competitive strategies approved by these top actors to enhance their level in the water treatment chemicals market.

RESEARCH COVERAGE

The objective of this study is to define, describe, and forecast the water treatment chemicals market established on different segmentations and strategically analyze the industry segments with respect to individual developments trends, increase prospects, and contribution to the total market. In this business report, the water treatment chemicals market has been divided on the basis of category, end-user, and area.

REASONS TO BUY THE REPORT

The market research is expected to benefit industry top players/new sector entrants in this sector in these ways:

1. This report comprehensively segments the water treatment chemicals market, and offers the best approximations for the sizes of various market segments and sub-segments across several verticals and localities.

2. This industry report is expected to benefit the partners in obtaining an improved understanding of their competitors and obtain business insights about their businesses. The competitive outlook section includes exhaustive information about recent product launches, acquisitions, business developments, and joint ventures (JV) that have been undertaken by the top players to improve their rank in the water treatment chemicals market.

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