Industrial Water Treatment Chemicals Market Size, Share, Growth Analysis, By Product(Antifoams, oxygen scavengers, corrosion inhibitors, biocides and disinfectants), By Application(Cooling & Boilers, Water Desalination, and Raw Water Treatment), By End-user(Oil and gas, power, paper, metal and mining), By Region - Industry Forecast 2025-2032

Industrial Water Treatment Chemicals Market size was valued at USD 14.48 Billion in 2023 and is poised to grow from USD 15.19 Billion in 2024 to USD 22.27 Billion by 2032, growing at a CAGR of 4.9% during the forecast period (2025-2032).

A high focus on sustainability is the key factor driving industrial water treatment chemicals market growth on a global level. Efforts of industries to reduce pollution and comply with sustainability mandates and the rising availability of innovative new industrial water treatment chemicals are also estimated to bolster market development across the forecast period. Water scarcity and pollution awareness are also creating new opportunities for industrial water treatment chemical providers.

Governments around the world are imposing strict environmental regulations and this is slated to boost sales of industrial water treatment chemicals among different industry verticals across the forecast period. Consequently, the market is witnessing a transition towards eco-friendly and sustainable water treatment alternatives. Ongoing research and development endeavors are also contributing to innovations in water treatment chemicals, providing enhanced performance and cost-effectiveness across various industrial applications. This evolving landscape reflects a growing commitment to sustainable water management practices across industries worldwide.