Water Treatment Chemicals Market Size, Share, Growth Analysis, By Type(Coagulants & Flocculants (Organic Coagulants [Polyamine and Polydadmac], Inorganic Coagulants [Aluminum sulfate, Polyaluminum chloride, Ferric chloride and Others]), By Source(Synthetic, Bio-based), By Application(Boiler Water Treatment, Cooling Water Treatment, Raw Water Treatment, Water Desalination), By End User(Residential, Commercial (Hotels & Restaurants, Hospitals, Office Spaces), By Region - Industry Forecast 2024-2031

Global Water Treatment Chemicals Market size was valued at USD 32.14 Billion in 2022 and is poised to grow from USD 33.20 Billion in 2023 to USD 43.05 Billion by 2031, growing at a CAGR of 3.30% during the forecast period (2024-2031). 

Water treatment chemicals are used for treating water and making it free of contaminants or pollutants. Rapid urbanization and growing world population have led to high demand for potable water, driving up sales of water treatment chemicals. Water treatment chemicals are popular owing to their high efficacy and low costs as compared to other water treatment technologies and products. Emerging economies are projected to emerge as highly opportune markets for water treatment chemicals companies whereas developed ones already have an established water treatment chemical demand outlook. Imposition of stringent mandates for wastewater treatment and emphasis on water pollution reduction around the world are projected to further bolster the demand for water treatment chemicals in the future. Rising incidence of waterborne diseases and growing scarcity of fresh water on a global level are also expected to promote water treatment chemicals market development potential. However, availability of alternative treatment technologies and volatile raw material prices are estimated to hinder water treatment chemicals adoption over the coming years.