Global Water Treatment Chemicals Market Bolstered by Increasing Water Recycling Activities
Water treatment is the process of improving the quality of water by eliminating impurities to make it fit for drinking, irrigation or industrial use. The chemicals that are used to remove suspended particles, fungi, viruses, algae and bacteria from the contaminated water are known as water treatment chemicals. Some examples of these chemicals include algicides, muriatic acid, chlorine, chlorine dioxide and soda ash. Since the usage of these chemicals is relatively cost-effective as compared to other solutions like UV technology and reverse osmosis, they are increasingly being used for purifying groundwater, municipal water, seawater and industrial wastewater.
The latest report by IMARC Group, the global water treatment chemicals market reached a value of around US$ 45 Billion in 2018.
Market Summary:
- On the basis of types, the market has been categorized into coagulants and flocculants; scale and corrosion inhibitors; pH adjusters and softeners; biocides and disinfectants; defoaming agents; and others. Amongst these, coagulants and flocculants are the most popular products, accounting for the majority of the total market share.
- Based on end-users, the market has been divided into municipal, power, oil and gas, chemical, mining, food and beverage, pulp and paper, and others. At present, the municipal sector holds the biggest market share.
- On a geographical front, the market has been segregated into Asia Pacific, Europe, North America, Middle East and Africa, and Latin America. Currently, Asia Pacific exhibits a clear dominance, holding the leading position in the market.
- The competitive landscape of the global market has been analyzed with some of the key players being BASF SE, Ecolab Inc., Kemira OYJ, Solenis LLC, Akzo Nobel N.V., Baker Hughes Incorporated, Lonza, The DOW Chemical Company, SNF Floerger and Suez S.A.
Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/water-treatment-chemicals-market
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