USD 301.75 billion
Water and Wastewater Treatment Chemical Market Size, Share, Growth Analysis, By Product(Coagulants & Flocculants, Biocide & Disinfectant, Defoamer & Defoaming, Agent), By Application(Raw Water Treatment, Water Desalination, Cooling, Boiler), By End users(Power, Oil & Gas, Chemical Manufacturing, Mining & Mineral), By Region - Industry Forecast 2025-2032
Report ID:
SQMIG15E2101 |
Region:
Global |
Published Date: March, 2024
Pages:
184
|Tables:
100
|Figures:
79
Water and Wastewater Treatment Chemical Market Insights
Water and Wastewater Treatment Chemical Market size was valued at USD 323.17 Billion in 2023 and is poised to grow from USD 346.12 Billion in 2024 to USD 599.16 Billion by 2032, growing at a CAGR of 7.10% during the forecast period (2025-2032).
Wastewater is treated due to increased demand for water supply in the sugar and ethanol, fertilizers, geothermal power generation, petrochemical manufacturing, and refining industries. For faster wastewater treatment industries are using chemicals in the process. In many countries the growing adoption of saline water treatment in order to fulfill the increasing water demand is driving the growth of the market. Desalination is the most prominent and popular technology used in numerous countries.
The developing regions have prominent consumers of industrial chemicals owing to large consumption of water for industrial sectors like petrochemical and oil and gas. The most widely used process is desalination which uses coagulants, scale inhibitors, and biocides on a large scale. The increase in demand for developing a centralized facility for fluid treatment units, for medium and small scale manufacturers for complete in-situ process attaining zero discharge will drive the demand for water and wastewater treatment chemicals.
US Water and Wastewater Treatment Chemical Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Raw Water Treatment
Fastest Growth
Boiler
Growth Rate
7.10% CAGR
Global Water and Wastewater Treatment Chemical Market ($ Bn)
Country Share for North America Region (%)
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Water and Wastewater Treatment Chemical Market Segmental Analysis
Water and Wastewater Treatment Chemical Market is segmented based on the Product, application, end users, and region. Based on the product, the Market is segmented into Coagulants & Flocculants, Biocide & Disinfectant, Defoamer & Defoaming, Agent, pH & Adjuster & Softener, Scale & Corrosion Inhibitor. Based on the application, the market has been segmented into Raw Water Treatment, Water Desalination, Cooling, Boiler, Effluent Water Treatment. Based on the end users, the market has been segmented into Power, Oil & Gas, Chemical Manufacturing, Mining & Mineral, Processing, Municipal, Food & Beverage, Pulp & Paper. Based on Region it is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
Analysis by Product
Coagulants and flocculants dominated the market and accounted for a high revenue share of over 36% in 2021. Maximum Water Treatment is done by the sedimentation process. In the tank of chemical products of oil and gas plants, Coagulation and flocculation are widely used due to their properties. It removes 90% of the suspended solid particles from the wastewater at the treatment process, thus increasing demand for Coagulant in water treatment.
Biocides and disinfectants are likely to be the fastest growing sector as they are used to prevent hazardous microbial growth and reduce biofouling and contamination. Biocides are specially used to control bacteria in the ethanol fermentation process.
Analysis by Application
Raw water treatment dominated the market with a revenue share of more than 46% in 2021. It is expected to lead the market due to its increasing need in the industrial setting. It is used in cooling, rinsing, and product formulation.
Boilers was the fastest growing segment in 2021 and will remain the same due to its extensive usage in the petrochemical industry. It is used to safeguard boiler water as it protects against contaminants.
Global Water and Wastewater Treatment Chemical Market By application
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Water and Wastewater Treatment Chemical Market Regional Insights
North America dominated the global market with more than 26% of share in 2021 and will continue to grow during the forecast period. Technological progression in hydraulic fracturing has augmented production output of unconventional sources including gas and oil. That’s why increased use of water treatment facilities in the upstream oil and gas sector will drive the market in this region.
Asia Pacific will be the fastest growing region during the forecast period due to industrial, power, and manufacturing sectors in emerging economies such as India, China, and Japan. This region is also witnessing increased demand for boiler chemicals. The need to treat suspended water in this region will bring lucrative growth opportunities in the market.
Global Water and Wastewater Treatment Chemical Market By Region
- Largest
- Fastest
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Water and Wastewater Treatment Chemical Market Dynamics
Drivers
- Increasing Demand for Chemically Treated Water in various End Use Industries will Drive Market Growth
Growth of various end use industries in developing regions such as Asia Pacific, and South America drives the growth for water and wastewater treatment chemicals market. Chemical water treatment is more cost effective than physical water treatment thus, bolstering its demand in various industries. Rising concerns about water as a resource, its contamination, and ill effects of contaminated water is driving the demand for treating it. Government bodies across the globe are implementing stringent regulations to mitigate the harmful effects on the environment of polluted water. This will further drive the market’s growth.
Restraints
Alternative Water Treatment Technologies will Hinder Market Growth
- Advanced technologies minimize the utilization of water treatment chemicals. Technology such as reverse osmosis (RO), ultrafiltration, and UV disinfection, restrains the growth of water and wastewater treatment chemicals market. Additionally, numerous people oppose the use of chemicals in water, thus further hindering market growth.
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Water and Wastewater Treatment Chemical Market Competitive Landscape
Water and Wastewater Treatment Chemical Market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D.
Top Player's Company Profiles
- AkzoNobel
- Ashland
- BASF SE
- Buckman Laboratories International, Inc.
- ChemTreat, Inc.
- Dow Chemical Company
- Ecolab
- General Electric
- Hydrite Chemical Co.
- Kemira Oyj
- Kurita Water Industries Ltd.
- Lonza Group
- Nalco Champion
- Ovivo
- SNF Group
- Solenis
- Suez
- Thermax Global
- Veolia
- Wex Technologies
Recent Developments
-
In March 2024, the ABB Ability Energy Management for Water and Wastewater-OPTIMAX solution was introduced to the business. This digital streamlining tool is intended to recognize superfluous energy losses within plants by giving coordinated control and visibility of different assets. By enhancing energy use, it decreases both energy utilization and related costs.
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In December 2023, Samyang Corporation, the first organization in Korea to foster ion exchange resin and a leader in industrial water treatment materials, presented two new items. Moreover, they laid out a committed association determined to progress as a far-reaching water solution organization in the worldwide market.
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In December 2023, the Abu Dhabi Investment Office (ADIO) uncovered that Gradient, a water and wastewater solutions unicorn established at MIT, has picked the UAE capital as the area for its new EMEA HQ and worldwide innovation center.
Water and Wastewater Treatment Chemical Key Market Trends
- Chemical water treatment is hazardous for the environment that is why customers prefer eco-friendly formulations of wastewater treatment. This new trend will shape the future of the market. Recycling and reusing water remains a pivotal aspect of the water and wastewater treatment chemicals industry.
Water and Wastewater Treatment Chemical Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our Water and Wastewater Treatment Chemical Market analysis, the rise in demand for eco-friendly and clean chemicals will shape the market’s future. Players in the market are focusing on expanding product portfolio and geographical reach to cater a larger consumer base. Reaching new customers based in emerging markets will provide widespread acceptance and popularity to players.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 301.75 billion |
| Market size value in 2031 | USD 559.44 billion |
| Growth Rate | 7.10% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
Recent Developments
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Water and Wastewater Treatment Chemical Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Water and Wastewater Treatment Chemical Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Water and Wastewater Treatment Chemical Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Water and Wastewater Treatment Chemical Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Water and Wastewater Treatment Chemical Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Water and Wastewater Treatment Chemical Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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