Water and Wastewater Treatment Chemicals are widely used for purification of water and removal of contaminants. They are commonly used in various industries as well as for municipal applications. Chemicals such as coagulants and flocculants are used for treatment of water bodies as well as industrial wastewater. They help settle down suspended solids and eliminate other pollutants.
The global Water and Wastewater Treatment Chemicals Market is estimated to be valued at US$ 40711.39 Bn in 2024 and is expected to exhibit a CAGR of 36. % over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
Rapid urbanization has led to the generation of increased volumes of wastewater across countries. According to data by the World Bank, urban population is expected to grow annually by 60 million people worldwide between 2020 and 2030. Growing municipal wastewater due to urban population growth has accelerated the demand for advanced water and wastewater treatment methods which employ chemicals. Water and wastewater treatment chemical manufacturers are developing novel products that can effectively treat wastewater at lower costs for urban local bodies. Technological advancements for optimization of treatment processes are also fueling the demand from this segment.
Segment Analysis
The global water and wastewater treatment chemicals market has two key segments - coagulants and flocculants. Coagulants is the dominating sub-segment currently accounting for more than 30% of the market share. This is because coagulants are widely used in water treatment plants across industries for clarification of feed water by neutralizing charges on suspended solids.
Key Takeaways
The Global Water And Wastewater Treatment Chemicals Market Size is expected to witness high growth.
Regional analysis: Asia Pacific region accounted for the highest share currently in the global water and wastewater treatment chemicals market owing to fast industrialization and urbanization in major economies like China and India. Rapid urbanization has increased the need for clean water and wastewater treatment.
Key players operating in the water and wastewater treatment chemicals market are Honeywell International, Hamamatsu Photonics K.K., Daylight Solutions, Cascade Technologies, M Squared Lasers Limited, Teledyne FLIR LLC, IPG Photonics Corporation, Changchun New Industries Optoelectronics Tech. Co., Ltd. Honeywell International and Hamamatsu Photonics K.K. have a strong global presence with wide product portfolio and leading R&D capabilities in water treatment chemicals.
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Lack of water management, one of the most influential problems faced by humans presently, has been directly impacting public health, because of the pervasive wastage of land, surface water, as well as groundwater, which are among the most basic sustainability needs.
According to World Health Organization, by 2025, half of the world’s population will be living in water-stressed areas.A paradigm shift is now required in water management all over the world not only to prevent the further damage to sensitive ecosystems but also for the effective management of wastewater.
Water and wastewater treatment chemicals are playing an important role in providing clean water and preventing from various diseases.The use of traditional water treatment methods is declining over time, owing to the rapid industrial development in various sectors.
To meet the emerging demand for water management, major water industry players are emphasizing on developing innovative treatment products for local as well as the global sites.
Zero liquids discharge technologies, resource recovery, and smart water solutions are certain innovations which are going to abruptly revolutionize the water treatment industry.
The integration of emerging technologies with traditional water treatment infrastructures is expected to help various public and private stakeholders to further enhance their capabilities for effective wastewater treatment and recovery of waste energy resources.Some of the key players in the global water and wastewater treatment chemicals market are Akzo Nobel N.V, Albemarle Corporation, SOLENIS, SUEZ, Ecolab, and Kurita Water Industries Ltd.
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The major manufacturers covered in this report are:ArkemaBASFKemiraSNF GroupChemiflocKuritaAkzoNobelThe Dow Chemical CompanyDuPontGE Water TechnologiesEvonikVeolia Water Solutions & Technologies For any queries or more information, visit: https://www.upmarketresearch.com/home/enquiry_before_buying/5082 Region-wise Analysis Global Water and Wastewater Treatment Chemicals Market covers:North AmericaEuropeChinaJapanRest APACLatin America Global Water and Wastewater Treatment Chemicals Market: Product Segment Analysis:Corrosion & Scale InhibitorsCoagulants & FlocculantsBiocides & DisinfectantsPH AdjustersOther Global Water and Wastewater Treatment Chemicals Market: Application Segment Analysis: Power GenerationOil & GasMunicipal Water TreatmentIndustrial Water TreatmentOther The Report covers in-depth analysis as follows:Chapter 1 Overview of Water and Wastewater Treatment ChemicalsChapter 2 Global Market Status and Forecast by RegionsChapter 3 Global Market Status and Forecast by TypesChapter 4 Global Market Status and Forecast by Downstream IndustryChapter 5 Market Driving Factor Analysis of Water and Wastewater Treatment ChemicalsChapter 6 Water and Wastewater Treatment Chemicals Market Competition Status by Major ManufacturersChapter 7 Water and Wastewater Treatment Chemicals Major Manufacturers Introduction and Market DataChapter 8 Upstream and Downstream Market Analysis of Water and Wastewater Treatment ChemicalsChapter 9 Cost and Gross Margin Analysis of Water and Wastewater Treatment ChemicalsChapter 10 Marketing Status Analysis of Water and Wastewater Treatment ChemicalsChapter 11 Report ConclusionChapter 12 Research Methodology and Reference Buy this report @: https://www.upmarketresearch.com/buy/water-and-wastewater-treatment-chemicals-market “Global Water and Wastewater Treatment Chemicals Market Industry Analysis and Forecast 2018-2025” report helps the clients to take business decisions and to understand strategies of major players in the industry.
