Zion Market Research has published a new report titled “Water Treatment Chemicals Market by Type and End-User: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016 - 2022”. According to the report, global water treatment chemicals market was valued at approximately USD 28.5 billion in 2016 and is expected to generate revenue of around USD 56.57 billion by end of 2022, growing at a CAGR of around 6.1% between 2017 and 2022.

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Water treatment is the process of eradicating various contaminating substances that naturally exist in water in order to make it more utilizable for humans. The type of chemicals and the quantity of the chemical utilized for water treatment differs according to location and the quality of water. The market for water treatment chemicals include the chemicals required for the treatment of water. Rising global population, strict government policies, increasing demand for clean water, and growing industrialization are the main factors driving the growth of the global market for water treatment chemicals. Stringent environmental norms have been set up to remove and treat water pollutants before they are released into the environment; therefore there is more demand for water treatment chemicals. Also, there is a strong requirement for the availability of alternative water treatment technologies in the market which acts as an obstacle to the growth of the water treatment chemical market.

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The water treatment chemicals market is segmented on the basis of type into coagulants and flocculants, pH adjusters, biocides, chelating agents, corrosion and scale inhibitors, anti-foaming agents and others. Corrosion and scale inhibitor is expected to grow at fastest rate in the global market over the forecast period.

Municipal water and industrial water are key end-users of the global water treatment chemicals market. Municipal water segment dominated the market in terms of revenue in 2016.

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North America, Europe, Asia-Pacific, Latin America and Middle East & Africa are the key regional segments of global water treatment chemicals market. The Asia Pacific is expected to be the fastest growing region in water treatment chemicals market during the forecast period due to developing countries like India and China. North America is expected to show significant growth in upcoming years. Moreover, Europe and the Middle East and Africa and Latin America are also expected to show considerable growth in this market owing to the increased burden of diseases.

Some of the key players in water treatment chemicals market include Akzo Nobel N.V., Baker Hughes Incorporated, BASF SE, Ecolab Inc., Kemira OYJ, Suez S.A., Danaher, Chembond and The Dow Chemical Company. 

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