The Global Water Treatment Chemicals Market is expected to register a CAGR of around 5.8%, reaching a value of more than USD 76 billion by the end of 2027.
Water is a universal solvent, however, solids such as clay, fine sand, dust, and rust are not soluble in water. The contaminant water has undissolved clay, sand, etc. as well as dissolved organic matters, and traces of metals and oxides. Water treatment is done to remove these undissolved and dissolved particles. Treatment chemicals are used in polluted rivers, wastewater effluents, and seawater in order to make the water safe for human consumption.
Market Driver:
Major manufacturing industries such as chemicals, oil & gas, food & beverage, mining, textiles, and others generate a large amount of wastewater on a daily basis. This water is loaded with a number of contaminants such as non-biodegradable chemicals, organic matters, and traces of metals and oxides. This necessitates the need for treating the effluent water, because, if not treated, the contaminated water may cause gastrointestinal problems, diarrhea, nausea, dehydration, and even death.
According to the UN-Water, globally,1.45 million people a year die as a result of diarrhea illness every year, 58% of which is caused by inadequate water, sanitation, and hygiene. 43% of the 1.45 million deaths occur in children aged five and below.
Thereby, the need for water treatment in end-use industries is likely to drive the global water treatment chemicals market.
Implementation of stringent regulations on the discharge of contaminated effluent is yet another driver of the global water treatment chemicals market. For instance, the US Environmental Protection Agency regulates the Clean Water Act, the National Pollutant Discharge Elimination System, and the Safe Drinking Water Act, thus promoting water treatment.
Similarly, the European Union regulates the use of water treatment chemicals through regulations such as the Urban Wastewater Treatment Directive, Drinking Water Directive, and Water Framework Directive.
Therefore, the implementation of such regulations to balance the chemical oxygen demand and biological oxygen demand is propelling the market growth.
Market Restraint:
The formation of disinfection by-products (DBPs) is a major restraining factor for the water treatment chemicals market. DBPs are formed during the reaction of oxidants with organic matter. Some of the DBPs include dichloromethylhydroxyfuranone (MX), potassium bromate (KBrO3), chloroform (CHCl3) and bromodichloromethane (DBCM), and bromochloromethane (BDCM). These by-products are proven renal carcinogenic or poisonous to kidneys. Chloroform causes damage to the liver and finally causes cancer. Moreover, 14-16% of bladder cancer cases are caused by disinfection by-products.
Other factors that may hamper the market growth include the maintenance of residual disinfection during storage, the handling and transport of dangerous chemicals, and the technically skilled labor required to run and maintain complex water treatment technologies.
Water Treatment Chemicals Market: Report Scope
The report on the water treatment chemicals market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Report Features |
Specifics |
---|---|
Historical/Estimated/Forecasted Market Size Years |
2018-2027 |
Base Year for Market Calculation |
2019 |
Forecasted Period |
2021-2027 (2020 estimated year, forecasted up to 2027) |
Measured Units |
Value (USD Million) Volume (Kiloton) |
Segments Included |
Type, Application |
Regional Coverage |
North America, Asia-Pacific, Europe, Middle East & Africa, South Africa |
For the scope of the report, In-depth segmentation is offered by Forencis Research
Water Treatment Chemicals Market, by Type
Water Treatment Chemicals Market, by Application
Water Treatment Chemicals Market, by Region
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE WATER TREATMENT CHEMICALS MARKET STUDY
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY