$24.3 Billion Water Treatment Chemicals Market - Global Forecast to 2021

DUBLIN, March 6, 2018 /PRNewswire/ --

The "Global Water Treatment Chemicals Market: Focus on Type (Corrosion Inhibitor, Coagulants & Flocculants, Scale Inhibitors, Biocides & Disinfectants and pH Adjusters) and End-Users (Municipal, Industrial) - Analysis and Forecast: 2017 to 2021" report has been added to ResearchAndMarkets.com's offering.

The global water treatment chemicals market is expected to reach $24.33 billion by 2021, growing at a CAGR of 5.3% from 2016 to 2021

The high growth rate of the market is due to the increasing demand from high end sectors like oil & gas, pulp & paper, and mining industries. Additionally, high demand in the market is also aided by the burgeoning demand growth for biocides & disinfectants. During the forecast period, the water treatment chemicals market is expected to witness growth backed by the rampant demand in the end uses and rising environment regulatory concerns.

Major cost driving factors in the water treatment chemicals industry are cost of raw materials, labour cost, type of production technology used, and transportation costs (both for raw materials and finished products). Continuous improvement in product quality and capacities of existing products to meet the growing demand is one of the key strategies followed by the industry players. The companies are taking solid measures to lessen manufacturing costs and yet provide superior quality products.

The use of traditional water treatment methods is declining owing to the rapid industrial development and population growth. To meet the growing demand and sustain to the pace of the rapidly mounting market, major players in the water treatment industry are emphasizing on producing innovative treatment products for domestic as well as the global market.

Some of the key growth drivers for the water treatment chemicals market are declining freshwater availability, aging water infrastructure in the developed regions, and stringent regulations. Factors restraining the water treatment chemicals market are volatility in commodity chemical prices, and advent of several other water treatment technologies which require less chemicals. Moreover, commissioning water and waste water treatment facilities is a capital-intensive practice and both chemicals and equipment demand are directly proportional to the number of facilities being tendered and established. The lower and middle-income countries lack a proper infrastructure for an integrated approach towards water treatment as compared to the high-income countries.

Financial barriers and lack of infrastructure for the solid waste management can be tackled by the involvement of private players. Thus, they have an immense opportunity to expand their business throughout the value chain. Numerous water treatment chemicals manufacturers are shifting their production bases to the developing countries in Asia Pacific because of lower labour costs, and the absence of stringent environment regulations, which will augment future domestic demand. Stringent regulations, and cost of investment are key factors attracting the companies to invest in the region. Moreover, companies are coming up with various sustainable options to treat water involving green chemistry.

Key Topics Covered:Executive Summary

1 Report Scope & Methodology

2 Market Dynamics

3 Competitive Insights

4 Industry Analysis

5 Global Water Treatment Chemicals Market by Type, Value ($Million) & Volume (Kilo Tons)

6 Global Water Treatment Chemicals Market by End-User, Value ($Million) & Volume (Kilo Tons)

7 Global Water Treatment Chemicals Market by Region, Value ($Million) & Volume (Kilo Tons)

8 Company Profiles

• Akzo Nobel N.V.
• Albemarle Corporation
• BASF SE
• Chembond Chemicals Ltd.
• Corporate Summary
• Corporate Summary
• Ecolab Inc.
• K+S AG
• Kemira OYJ
• Kurita Water Industries Ltd.
• Lanxess AG
• Organo Corporation
• SNF S.A.S
• SUEZ S.A.
• Solenis
• The Chemours Company
• The Dow Chemical Company
• Univar Inc.

For more information about this report visit https://www.researchandmarkets.com/research/szxckc/24_3_billion?w=5

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SOURCE Research and Markets