Water Treatment Chemicals Market Size, Share, Opportunities, And Trends By Type (Biocides And Disinfectants, Coagulants And Flocculants, Corrosion And Scale Inhibitors, Anti-Foaming Agents, pH Adjusters And Softeners, Others), By End-User (Municipal, Industrial, (Food & Beverages, Pulp & Paper, Metal & Mining, Power, Chemical & Pharma, Oil & Gas, Others)), And By Geography - Forecasts From 2024 To 2029

The water treatment chemicals market was valued at US$38.872 billion in 2022 and is projected to grow at a CAGR of 6.36% to reach US$59.838 billion by 2029.

Chemicals used in water treatment make water more suitable for end-use applications such as drinking, cooking, irrigation, and other industrial processes. Water chemicals include sodium metabisulphite, ferric chloride, and sodium hexmetaphosphate (SHMP). The chemical industry employs numerous water treatment procedures that include physical and chemical processes to remove contaminants such as sand, minerals, germs, and viruses, among others.

Several factors drive the water treatment chemicals market. The need for clean water in the residential, commercial, and industrial sectors has increased due to the world's unrelenting population expansion and fast urbanization. Water treatment chemicals are becoming widely used due to regulatory requirements designed to preserve environmental preservation and water quality standards. These chemicals are employed for manufacturing, generation, and utilization of power in oil and gas industries and businesses with high standards to comply with.

GLOBAL WATER TREATMENT CHEMICALS MARKET DRIVERS:

• Freshwater resources account for only 2.5 % of global water resources, making water supply for industrial and residential usage a difficult challenge. The growing gap between water demand and supply necessitates efficient recycling, which may be accomplished by treating it using water treatment chemicals. As a result, wastewater consumption from different end-use industries such as oil and gas, power production, mining, chemicals, and others has increased rapidly. Due to increased industrialization, the need for fresh and clean water for household, agricultural, and industrial reasons has grown substantially in emerging nations. As a result, demand for water treatment chemicals is projected to be higher in these regions than in industrialized countries.

In addition to this, chemical water filtration is cheaper to implement than physical purification. Techniques such as ion exchange, UV treatment, and reverse osmosis must require capital that is a bit large at times. The operating expenses of purifying water by chemical and physical filtration also differ from the other. For example, in a large-scale water treatment facility, the cost of coagulation, flocculation, and disinfection would be significantly cheaper than the cost of UV and RO treatment.

• The water treatment chemicals market is expected to grow significantly due to rising water pollution levels worldwide. There is also much evidence that pollution sources, inadequate sanitation, increased population density in urban centers, increased use of untreated agricultural waste, and increased discharges from industries are leading to declining water quality in various areas. Alongside this, the increase in the amount of contaminated water proves that it is high time to improve water purification techniques to minimize the threats to human health and ensure access to fresh water. Hence, the chemicals required for water treatment are increasingly demanded in commercial, industrial, and municipal facilities.

This is complemented by the fact that most policies regulating its use have high standards to prevent water pollution. Technological advancements in the water treatment sector and increased awareness regarding the importance of purified water also contribute to the market’s growth. The water treatment chemicals market is predicted to progress in the future years because the need for clean water is only increasing while concerns regarding water pollution are rising.

Water Treatment Chemicals Market Geographical Outlook

• Asia Pacific’s water treatment chemicals market is anticipated to grow significantly.

Owing to strong demand from the power and food & beverage end-use sectors, Asia Pacific holds the largest market for water treatment chemicals. During the projected period, the market for water treatment chemicals will likely be driven by rising population and urbanization in India, China, and South Korea.

As of 2021, China's wastewater treatment plants serve 98.1% of municipalities and 28% of rural regions. China plans to add or reconstruct sewage-collecting pipeline networks totaling 80,000 km in the next few years. China’s policy support and investment preference are expected to create opportunities for maintaining sewage pipelines, treating black and odorous water bodies, and constructing wastewater treatment projects in secondary and tertiary cities.

However, the Middle East, Africa, and South America are projected to see a steady rise in water treatment chemicals due to rising living standards and increased demand from mining and oil and gas end-use sectors. Furthermore, due to the rising demand from municipal, food and beverage, and other end-use sectors, Europe is projected to support the water treatment chemicals market exapansion. Improving technical progress and people's level of life is likely to boost the North American water treatment chemicals market.

Global Water Treatment Chemicals Market Key Developments:

• In June 2024, Kurita Water Industries Ltd. created Kurita AquaChemie India Private Limited (KAIL), which provides water treatment chemicals in the Republic of India. The official operation of various activities shall commence at the headquarters of KAIL in Chennai, Tamil Nadu, following the business launch affirmations.
• In November 2023, Kemira, a global pioneer in sustainable chemical solutions for water-intensive sectors, announced a major capacity increase for their ferric sulfate water treatment chemicals production line in Goole, UK. The additional 70,000 tonnes capacity investment meets the growing demand for coagulants due to the new and stricter Asset Management Plan 7 and 8 regulations on phosphorus and other nutrient discharge from wastewater treatment outlined in the UK's Water Industry National Environment Programme. The increased capacity is scheduled to begin service in Q3 2025.
• In May 2022, ChemREADY, a leading producer of water and wastewater treatment chemicals, announced the introduction of its new Legionella services and product package, designed to tackle the water-borne virus in building water systems.

The global water treatment chemicals market is segmented and analyzed as follows:

• By Type
  • Biocides and Disinfectants
  • Coagulants and Flocculants
  • Corrosion and Scale Inhibitors
  • Anti-Foaming Agents
  • pH Adjusters and Softeners
  • Others
• By End-User
  • Municipal
  • Industrial
    • Food & Beverages
    • Pulp & Paper
    • Metal & Mining
    • Power
    • Chemical & Pharma
    • Oil & Gas
    • Others
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Rest of the Middle East and Africa
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Taiwan
    • Thailand
    • Indonesia
    • Rest of Asia-Pacific

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base and Forecast Years Timeline

1.8. Key benefits for the stakeholders

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. Analyst View

4. MARKET DYNAMICS

4.1. Market Drivers

4.1.1. Increasing Water Scarcity and Pollution

4.1.2. Industrialization and Economic Growth

4.2. Market Restraints

4.2.1. High Cost of Water Treatment

4.2.2. Fluctuating Raw Material Prices

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. The Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. GLOBAL WATER TREATMENT CHEMICALS MARKET BY TYPE

5.1. Introduction

5.2. Biocides and Disinfectants

5.3. Coagulants and Flocculants

5.4. Corrosion and Scale Inhibitors

5.5. Anti-Foaming Agents

5.6. pH Adjusters and Softeners

5.7. Others

6. GLOBAL WATER TREATMENT CHEMICALS MARKET BY END-USER

6.1. Introduction

6.2. Municipal

6.3. Industrial

6.3.1. Food & Beverages

6.3.2. Pulp & Paper

6.3.3. Metal & Mining

6.3.4. Power

6.3.5. Chemical & Pharma

6.3.6. Oil & Gas

6.3.7. Others

7. GLOBAL WATER TREATMENT CHEMICALS MARKET BY GEOGRAPHY

7.1. Global Overview

7.2. North America

7.2.1. United States

7.2.2. Canada

7.2.3. Mexico

7.3. South America

7.3.1. Brazil

7.3.2. Argentina

7.3.3. Rest of South America

7.4. Europe

7.4.1. United Kingdom

7.4.2. Germany

7.4.3. France

7.4.4. Italy

7.4.5. Spain

7.4.6. Rest of Europe

7.5. Middle East and Africa

7.5.1. Saudi Arabia

7.5.2. United Arab Emirates

7.5.3. Rest of the Middle East and Africa

7.6. Asia-Pacific

7.6.1. China

7.6.2. India

7.6.3. Japan

7.6.4. South Korea

7.6.5. Taiwan

7.6.6. Thailand

7.6.7. Indonesia

7.6.8. Rest of Asia-Pacific

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Market Share Analysis

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Competitive Dashboard

9. COMPANY PROFILES

9.1. SUEZ

9.2. Solvay

9.3. BASF SE

9.4. Solenis (Platinum Equity)

9.5. Chembond Chemicals Limited

9.6. The Dow Chemical Company

9.7. Ecolab

9.8. Kemira Oyj

9.9. SNF Group

9.10. Nouryon (Carlyle and GIC)

SUEZ

Solvay

BASF SE

Solenis (Platinum Equity)

Chembond Chemicals Limited

The Dow Chemical Company

Ecolab

Kemira Oyj

SNF Group

Nouryon (Carlyle and GIC)