The alarming levels of pollutants in water sources and stringent government regulations being formed in response to these are the major factors behind the growth of the water treatment chemicals domain. In the wake of excessive effluent discharge by industries into fresh water, which can cause diseases like cholera, diarrhea, and hepatitis A, strict standards have been set for municipal bodies with respect to purity of the water being provided to the population. For instance, the environmental protection agency (EPA) of the U.S. government has set a stringent framework, called National Primary Drinking Water Regulations (NPDWRs) or primary standards, which are legally imposed on public water systems.

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Another reason behind the progress of the water treatment chemicals domain is that such chemicals are being used for desalination of seawater, especially in the nations in the Middle East and sub-Saharan Africa, which have limited sources of fresh water.

In 2017, the global water treatment chemicals market reached a value of $44,718.3 million, and it is expected to attain $58,747.7 million by 2023, growing with a CAGR of 4.7% during the forecast period (2018–2023). The various factors positively affecting the growth of the market include the surging concern of waterborne diseases, increasing adoption of the desalination process across the globe, and stringent government regulations. Water treatment compounds are utilized for removing impurities, such as fungi, viruses, algae, suspended solids, and minerals, from the water.

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On the basis of type, the water treatment chemicals market is categorized into oxidants, anti-foaming agents, corrosion inhibitors, chelating agents, coagulants & flocculants, scale inhibitors, biocides & disinfectants, PH adjusters & stabilizers, oxygen scavengers, and others (which include resin cleaners and algaecides). Out of these, the largest sales volume, during the historical period (2013–2017), was of coagulants & flocculants, which held an over 25.0% share in 2017. The reason for this was the growing use of this chemical for lime softening, solid dewatering, sludge thickening, and water clarification.

When application is considered, the water treatment chemicals market is divided into chemical processing, municipal water treatment, construction, metal & mining, power generation, oil & gas, pulp & paper, food & beverage, and others. The largest share (over 30.0%) of the market was held by the municipal water treatment application in 2017, in terms of volume. This was due to the increasing population, which is resulting in the rising municipal water waste. The division is further expected to dominate the market during the forecast period, in terms of volume and value.