Coherent Market Insights

Water & Wastewater Treatment Chemicals Market Was Valued at US$ 159.24 Mn in 2021

Water & Wastewater Treatment Chemicals Market Was Valued at US$ 159.24 Mn in 2021 - Coherent Market Insights

Publish In: Aug 17, 2022

Global Water And Wastewater Treatment Chemicals Market is estimated to be valued at  US$ 32,548.27 Mn  in 2021, according to the Global Water & Wastewater Treatment Chemicals Market Report, by Product Type (Coagulants & Flocculants, Biocides, Corrosion & Scale Inhibitor, Defoamer, pH Adjuster, Others), by Application (Cooling Water, Boiler Water, Membrane Water, Municipal, Others), by End User (Oil & Gas, Power, Mining, Pulp & Paper, Chemical & Fertilizer, Pharmaceutical, Municipal, Textile, Food & Beverages, Others) , and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa), published by Coherent Market Insights.  

Global water & wastewater treatment chemicals market was valued at US$ 32,548.27 Mn in 2021 and is expected to register a CAGR of 4.2% over the forecast period (2022–2030). The Asia Pacific region is expected to dominate market over the forecast period and is projected to be the largest and fastest-growing region.

To know the latest trends and insights prevalent in this market, click the link below:

https://www.coherentmarketinsights.com/market-insight/water-and-wastewater-treatment-chemicals-market-3270

Browse 50 market data tables* and 40 figures* on "Global Water & Wastewater Treatment Chemicals Market” - Forecast to 2030.

Key Trends and Analysis of the Global Water & Wastewater Treatment Chemicals Market:

  • Rising awareness regarding the zero water discharge plants is encouraging players to implement the zero water discharge plants, which is projected to propel the market growth over the forecast period. In accordance with various International Organization for Standardization (ISO) environmental certifications and as a voluntary obligation to preserve water resources, various end-use industries around the globe are developing infrastructure to promote zero discharge of water after the process. Therefore, development of such plants is projected to impact the water and wastewater treatment chemicals market positively over the forecast period.
  • An increasing number of mergers by major players is expected to fuel the market growth of wastewater treatment chemicals. For instance, In January 2019, BASF a chemical company merged with Solenis for its water and paper treatment chemicals operations. Solenis is a manufacturer of specialty chemicals for the pulp, paper, oil and gas, chemical processing etc. Due to this partnership BASF's paper and water chemicals business has maintained their sustainable growth.

Key Takeaways of the Global Water & Wastewater Treatment Chemicals Market:

  • Among End User, Municipal dominated the global water and wastewater treatment chemicals market in 2021. Municipal was followed by Power and Mining in terms of revenue share, respectively.
  • Among region, Asia Pacific excluding Japan dominated the global water and wastewater treatment chemicals market in 2021, reporting 33.05% market share in terms of revenue, followed by North America and Europe, respectively.
  • New product launches, merger & acquisitions, strategic partnership expansion, and research & development activities are key strategies adopted by players in the global water & wastewater treatment chemicals market

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