Water Treatment Chemical Market
Global Water Treatment Chemicals Market, By Type (Flocculants, Coagulants, Corrosion Inhibitors, Biocides and Disinfectants, Scale Inhibitors, pH Adjusters, Others); By End-User (Municipal, Power Generation, Oil and Gas, Chemicals Manufacturing, Mining and Mineral Process, Food & Beverages); By Region (North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle-East & Africa (MEA))
- Published Date: April 2021
- Report ID: BWC1844
- Available Format: PDF
- Page: 205
Report Overview
Global Water Treatment Chemicals Market- Industry Trends &
Forecast Report 2027
The global water treatment chemicals market was worth USD 35.1 billion in 2020 and is further projected to reach USD 65.2 billion by 2027, at a CAGR of 8.90% during the forecast period (2021-2027). With rising demand from various industries and municipalities, the water treatment chemicals market is expanding at a rapid pace. This factor is likely to play a major role in propelling the global water treatment chemicals market over the forecast period. Furthermore, the market growth can be attributed to a significant increase in the number of industries and manufacturing units. Additionally, sugar, petrochemicals, manufacturing, and geothermal power generation plants are being developed to boost the economy, especially in developing countries. These factors are driving the growth of the water treatment industry.
Source: Blueweave Consulting
Global Water Treatment Chemicals Market- Overview
With the growth of the manufacturing
sector, water waste has become one of the most pressing issues facing both
developed and emerging economies. Numerous government and non-government
organizations are taking stringent measures and actively participating to save
fresh water and natural resources. For instance, average high-income countries
treat about 70% of the wastewater they generate, while upper-middle-income
countries treat 38% of wastewater and lower-middle-income countries only treat
28%. According to UNESCO, over 80% of wastewater is released into the
environment without being properly treated. Moreover, around 1.8 billion people
drink polluted water, putting them at risk of contracting diseases like
cholera, dysentery, typhoid, and polio. As a result, demand for wastewater
treatment chemicals will grow globally as consumers become more conscious of
natural resource depletion and freshwater shortages in developing countries.
Global Water Treatment Chemicals Market Forecast and
Trends
Growth Drivers
Increasing Urbanization Driving the
Global Water Treatment Chemicals Market Forward
Fulfilling industrial and domestic
consumption needs solely with freshwater resources would have a direct impact
on water bodies, reducing their natural replenishment capacity. Thus, to meet
the water demands, reusing and recycling of water has become an inevitable step
that every country has to take. That’s the reason why the application of water
treatment chemicals is rising across the globe. Given the current global
situation, demand for water treatment chemicals is expected to skyrocket in the
coming years. Furthermore, several countries, especially from the Asia-Pacific
or Middle Eastern regions are adopting the desalination process to address water
scarcity issues and meet the demands, especially in their urban cities.
The Expanding End-User Segments Will Surge the Demand for Water
Treatment Chemicals
The emerging economies are establishing
more and more production and manufacturing units to support and fuel their
overall development and growth. However, as a
result of this factor, water demand has risen to the point that it is getting
difficult meet their demand. The effective reuse and recycling of water using
water treatment chemicals and processes is being promoted in the emerging
economies to ensure a constant supply of water to power the production units. Several
plants, such as those in the oil and gas industry, mining, chemicals, and power
generation, need more water than others. As a result, the market for water
treatment chemicals in developing countries is growing faster than in developed
countries.
Restraints
The prevalence of water treatment technology may hamper
the growth of the Market
The market has witnessed a
substantial shift towards sustainable water treatment options like RO
filtration and UV (ultraviolet) disinfection. This is due to growing concerns
about the environment and the conservation of water resources. Furthermore, due
to regulatory policies, many industries and manufacturing units are opting for
these physical water treatment technologies to reduce the chemical amount. To
treat and purify water, RO technology employs semi-permeable membranes to
eliminate larger particles. UV too is a chemical-free technology, effectively
replacing the usage of chlorine as a water disinfectant. This is considerately
hampering the global water treatment chemicals market.
Impact of Covid-19 on Global Water Treatment Chemicals
Market
The COVID-19-induced pandemic has had a
negative impact on the global water treatment industry. Water treatment
chemicals are largely used by industrial and processing units, commercial
spaces, residential, and so on. However, since the lockout was enforced to
avoid the spread of viruses, these industrial and commercial spaces were forced
to temporarily cease operations. This has resulted in a decline in the usage of
water treatment chemicals to a great extent. Furthermore, the production was
ceased too due to the non-availability of manpower as well as raw materials.
The supply chains were also blocked, due to which the ongoing demands could not
be met. However, in the view of the pandemic, people are getting more aware of
their hygiene, due to which the daily average water usage of a person is
increasing. As a result, it is estimated that the global water treatment
chemicals market is going to catch its pace again in the post-COVID-19 period.
Global Water Treatment Chemicals Market - By Type
Based on products, the
global water treatment chemical market is categorized into flocculants,
coagulants, corrosion inhibitors, biocides and disinfectants, scale inhibitors,
pH adjusters, and others. Coagulants and Flocculants held the largest market share with
revenue of USD 35.1 billion in
the year 2020. This is due to the fact that sedimentation is a critical step in
the water treatment process. Coagulation and flocculants help the finer
particles settle down to make it easy to separate them from water. Moreover,
biocides and disinfectants are also emerging as
potential product types and are expected to witness expansion in their market
during the forecast period.
Global Water Treatment Chemicals Market - By End-User
Based on the end-user
segment, the market is categorized into municipal, power generation, oil
and gas, chemicals manufacturing, mining and mineral process, food &
beverages. The municipality emerged as the
largest market with revenue share of USD 35.1 billion in the year 2020. As the world's
population grows, so does the amount of municipal waste generated. As a result,
there has been an increase in the use of water treatment chemicals for municipal
water treatment. Furthermore, as the world's population continues to expand,
the demand for such chemicals for municipal water treatment is expected to
rise.
Global Water Treatment Chemicals Market - Regional
Insights
Geographically, the global water treatment chemical market is segmented into North America, Europe, the Asia-Pacific, Latin America, and the Middle East and Africa. Among these, North America held the largest market with an overall revenue of USD 35.1 billion in year 2020. There are various factors responsible for this dominance. Government regulations play a major role in the market growth in North America as the governments of the region are continuously monitoring the production and disposal of wastewater in water bodies. Technological advancements have also favored the market and are expected to propel the market at a CAGR of 8.9% in the forecast period.
Competitive Landscape
The key players of global water treatment chemical market
are Ecolab, Solenis, Kurita Water Industries Ltd., Kemira, Suez, Lonza, Cortec
Corporation, Danaher, BWA Water Additives US LLC, Buckman, Akzo Nobel N.V.,
Thermax Ltd., Carus Groups, Hydrite Chemicals Co., Solvay, Dow Chemical
Company, Veolia, Somicon ME FZC, Cortec Corporation, and other prominent
players.
Water treatment chemicals have a highly integrated market.
It means that these companies use extensive distribution channels to distribute
their products across multiple regions, both domestically and internationally. These
businesses work on a contract basis with raw material manufacturers. They are also
in close contact with direct and third-party suppliers to ensure a steady
supply of their goods to a vast end-user base. Furthermore, the major players
in this industry have a monopoly in terms of product production, distribution,
and consumption. Since these firms aim to cut costs via an in-house
distribution system, which also allows them the ability to control commodity
prices, the competition is much denser.
Recent Developments
l In April 2021, a wastewater management company, called
I-Phyc developed an innovative treatment technology to treat wastewater using algae.
The company intends to use the natural potential of algae to reduce the amount
of phosphorus and ammonia in wastewater so that it can be disposed of in water
bodies. They aim to make the water-recycling process sustainable so as to
reduce their carbon footprints. What’s more, their technique of wastewater
management is also cost-effective.
l In April 2021, Enva, an Ireland-based resource management
company announced its partnership with Amiad Water Systems, an Israel-based
water cleaning, and filtration providing company. This partnership will make
Enva the sole product distributor for Amlad in the United States. This will
also help in amplifying the customer base for Enva as they can expand their
services in a cost-efficient way.
Scope of the Report
Attribute |
Details |
Years considered |
Historical Data - 2017 – 2020 |
Facts covered |
Revenue
in USD Billion |
Market coverage |
North
America, Europe, the Asia-Pacific, Latin America, and the Middle East and
Africa |
Product/ Service segmentation |
By Type, By
End-user, By Region |
Key Players |
Ecolab, Solenis, Kurita Water Industries Ltd., Kemira, Suez, Lonza,
Cortec Corporation, Danaher, BWA Water Additives US LLC, Buckman, Akzo Nobel
N.V., Thermax Ltd., Carus Groups, Hydrite Chemicals Co., Solvay, Dow Chemical Company,
Veolia, Somicon ME FZC, Cortec
Corporation and other prominent players. |
By
Type
Ø Flocculants
Ø Coagulants
Ø Corrosion Inhibitors
Ø Biocides and Disinfectants
Ø Scale Inhibitors
Ø pH Adjusters
Ø Others (Anti-Foaming Agents, Chelating Agents and
Oxidants)
By End-User
Ø Municipal
Ø Power Generation
Ø Oil and Gas
Ø Chemicals Manufacturing
Ø Mining and Mineral Process
Ø Food & Beverages
Ø Others
By Region
Ø North America
Ø Europe
Ø Asia-Pacific (APAC)
Ø Latin America (LATAM)
Ø Middle-East & Africa (MEA)
FAQs:
1. What is the current size of the global water treatment chemical
market?
Answer: The global water treatment chemicals market
reached USD 35.1 billion in 2020.
2. What are the major factors driving the growth of the global water
treatment chemicals market?
Answer: The major factor driving the growth of the global
water treatment chemicals market are; increasing urbanization and the expanding
end-user segments.
3. Who are the key players in the global water treatment chemical
market?
Answer: The key players in the global water treatment
chemical market are: Ecolab,
Solenis, Kurita Water Industries Ltd., Kemira, Suez, Lonza, Cortec Corporation,
Danaher, BWA Water Additives US LLC, Buckman, Akzo Nobel N.V., Thermax Ltd.,
Carus Groups, Hydrite Chemicals Co., Solvay,
Dow Chemical Company, Veolia, Somicon ME FZC, Cortec Corporation and other prominent players.
4. Which product type segment accounted for the largest share in the
global water treatment chemical market?
Answer: The coagulants and flocculants product type
accounted for the largest share in the global water treatment chemical market.
1.1.
Research Objective
1.2.
Product Overview
1.3.
Market Segmentation
2.
Research
Methodology
2.1.
Qualitative Research
2.1.1.
Primary and Secondary Sources
2.2.
Quantitative Research
2.2.1.
Primary and Secondary Sources
2.3.
Breakdown of Primary Research Respondents
2.3.1.
Secondary Research
2.3.2.
Primary Research
2.4.
Breakdown of Primary Research Respondents, By
Industry Participants
2.5.
Key Questionnaire asked during Primary Interviews
2.6.
Key Primary Responses
2.7.
Market Size Estimation
2.8.
Assumption for the Study
2.9.
Market Breakdown & Data Triangulation
3.
Executive
Summary
4.
Global Telemedicine
Market – Industry Insights
4.1.
DROC Analysis
4.1.1.
Growth Drivers
4.1.2.
Restraints
4.1.3.
Opportunity
4.1.4.
Challenges
4.2.
Recent Developments / Technical Landscape
4.3.
Regulatory Framework
4.4.
Porter’s Five Forces Analysis
4.5.
Value Chain Analysis
4.6.
PESTEL Analysis
4.7.
Strategic Outlook
5.
Global Telemedicine
Market Overview
5.1.
Market
Estimates & Forecast by Value, 2017-2027
5.1.1.
By Value (USD Billion)
5.2.
Market
Share & Forecast
5.2.1.
By Type
(Value, USD Billion: 2017-2027)
5.2.1.2.
Tele-Home
5.2.2.
By Application (Value, USD Billion: 2017-2027)
5.2.2.1.
Tele-radiology
5.2.2.2.
Tele-ICU
5.2.2.3.
Tele-stroke
5.2.2.4.
Tele-pathology
5.2.2.5.
Tele-dermatology
5.2.2.6.
Tele-psychiatry
5.2.2.7.
Others
5.2.3.
By
Delivery Models
5.2.3.1.
Web/Mobile-based
5.2.3.2.
Telephonic
5.2.3.3.
Cloud-based
5.2.4.
By End-
Users
5.2.4.1.
Healthcare Providers
5.2.4.2.
Healthcare Payers
5.2.4.3.
Patients
5.2.4.4.
Others
5.2.5.
By Region
5.2.5.1.
North America
5.2.5.2.
Europe
5.2.5.3.
Asia-Pacific (APAC)
5.2.5.4.
Latin America (LATAM)
5.2.5.5.
Middle-East & Africa (MEA)
6.
North
America Telemedicine Market Overview
6.1. Market Size and Forecast
6.1.1.
By Value (USD Billion), 2017-2027
6.2. Market Share and Forecast
6.2.1.
By Type
6.2.2.
By Application
6.2.3.
By End Use
6.2.4.
By Country
6.2.4.1.
U.S.
6.2.4.2.
Canada
7.
Europe Telemedicine
Market Overview
7.1.
Market
Size and Forecast
7.1.1.
By Value (USD Billion), 2017-2027
7.2.
Market
Share and Forecast
7.2.1.
By Type
7.2.2.
By Application
7.2.3.
By End Use
7.2.4.
By Country
7.2.4.1.
Germany
7.2.4.2.
U.K.
7.2.4.3.
France
7.2.4.4.
Italy
7.2.4.5.
Spain
7.2.4.6.
Russia
7.2.4.7.
Netherlands
7.2.4.8.
Rest of Europe
8.
APAC Telemedicine
Market Overview
8.1.
Market
Size and Forecast
8.1.1.
By Value (USD Billion), 2017-2027
8.2.
Market
Share and Forecast
8.2.1.
By Type
8.2.2.
By Application
8.2.3.
By End-Use
8.2.4.
By Country
8.2.4.1.
China
8.2.4.2.
India
8.2.4.3.
Japan
8.2.4.4.
South Korea
8.2.4.5.
Rest of APAC
9.
LATAM Telemedicine
Market Overview
9.1.
Market
Size and Forecast
9.1.1.
By Value (USD Billion), 2017-2027
9.2.
Market
Share and Forecast
9.2.1.
By Type
9.2.2.
By Application
9.2.3.
By End Use
9.2.4.
By Country
9.2.4.1.
Mexico
9.2.4.2.
Brazil
9.2.4.3.
Rest of LATAM
10.
MEA Telemedicine
Market Overview
10.1.
Market
Size and Forecast
10.1.1.
By Value (USD Billion), 2017-2027
10.2.
Market
Share and Forecast
10.2.1.
By Type
10.2.2.
By Application
10.2.3.
By End Use
10.2.4.
By Country
10.2.4.1.
Saudi Arabia
10.2.4.2.
UAE
10.2.4.3.
South Africa
10.2.4.4.
Rest of Europe
11. Competitive Landscape
11.1.1.
List of Key Producers and Their Offerings
11.1.2.
Market Share / Ranking Analysis (2020)
11.1.3.
Competitive Benchmarking, By Operating Parameters
12. COVID-19 Impact
12.1.
Future Impact
12.2.
Key Developments during COVID-19
12.3.
Impact on Market
12.3.1.
Different Scenario
12.3.2.
Impact on Companies
12.4.
Regional Impact
13. Key Strategic Recommendations
14. Company Profiles (Company Overview, Financial
Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address,
and Strategic Outlook) *
14.1.
SteadyMD Inc.
14.2.
GE Healthcare (US)
14.3.
MDlive Inc.
14.4.
Cisco Systems, Inc.
14.5.
Siemen’s Healthcare
14.6.
Zipnosys
14.7.
Maven, Inc
14.8.
MDlive
14.9.
CVSHealth
14.10.
iCliniq
14.11.
Practo
14.12.
Doctor On Demand
14.13.
AMD Global Telemedicine
14.14.
Vsee
14.15.
SnapMD
14.16.
Encounter Telehealth
14.17.
Global Med
14.18.
MeMD
14.19.
Teladoc Inc
14.20.
Other prominent players
* Financial
information of non-listed Companies will be provided as per availability.
**The
segmentation and the companies are subjected to modifications based on in-depth
study during the final deliverable.
Market Segmentation
By Type
Ø Tele-hospital
Ø Tele-home
By Application
Ø Tele-radiology
Ø Tele-ICU
Ø Tele-pathology
Ø Tele-dermatology
Ø Tele-Psychiatry
Ø Others
By Mode of Delivery
Ø Mobile or Web-based
Ø Telephonic
Ø Cloud-based
By Region
Ø
The
Asia-Pacific
Ø
North
America
Ø
Europe
Ø
The
Middle East & Africa
Ø
Latin
America
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