The global water treatment chemicals market size was valued at USD 35.36 billion in 2023. The market is anticipated to expand from USD 37.45 billion in 2024 to USD 61.05 billion by 2032, exhibiting a CAGR of 6.3% during the forecast period.

Sodium metabisulfite, ferric chloride, and SHMP are vital chemicals in water treatment, effectively removing impurities such as minerals, microorganisms, and sand to enhance water quality for drinking and industrial processes. The increasing global population and industrial activities propel the need for water treatment chemicals to ensure a safe and sustainable water supply for various applications.

The market faced setbacks during the COVID-19 pandemic with widespread disruptions in supply chains, affecting the timely availability of chemicals essential for water treatment processes.

Fortune Business Insights™ provides this information in its research report, titled “Water Treatment Chemicals Market, 2024-2032”.

Segmentation:

Coagulants & Flocculants Segment Held the Largest Market Share Owing to Particle Agglomeration

By type, the market is segmented into, coagulants & flocculants, disinfectants & biocidal products, scale & corrosion inhibitors, antifoam chemicals, pH conditioners, and other chemicals. The coagulants & flocculants segment captured the largest water treatment chemicals market share in 2023. These chemicals aid in particle agglomeration, causing particles to clump together. This promotes efficient water filtration, making coagulants and flocculants crucial for delivering clean water across diverse applications.

Municipal Segment Dominated owing to Rising Wastewater Generation

By application, the market is segmented into municipal and industrial. The municipal segment secured the largest market share in 2023. Increasing wastewater production from residential use in activities such as adventure parks and swimming pools, utilizing municipal water, propels the demand for advanced treatment solutions.

In terms of region, the market is categorized into Europe, North America, Asia Pacific, Latin America, and the Middle East & Africa.

Report Coverage:

The research report offers a thorough understanding of water treatment chemicals worldwide, encompassing quantitative data on market value, growth rates by segment and region, and qualitative analysis exploring growth opportunities, key drivers, restraints, and industry trends. Company profiling in the competitive landscape section provides detailed insights into key players.

Drivers and Restraints:

Rising Demand for Chemically Treated Water in Various End-use Industries to Propel Market Growth

The expansion of power generation, chemical sectors, and manufacturing escalates water demand, making effective water treatment chemicals indispensable to ensure water quality, comply with environmental standards, and support sustainable industrial operations.

However, the market faces obstacles due to the demand for sustainable formulations, coupled with the risk of patent copying, urging the industry to navigate challenges in ensuring both eco-friendly solutions and patent protection.

Regional Insights:

North America Secured the Largest Market Share Owing to Diverse Industrial Demand

In 2023, North America captured the largest market share. The increasing demand for treated water from diverse sectors such as pharmaceuticals, food and beverages, and power generation in North America significantly propels water treatment chemicals market growth.

Large-scale investments by China, India, and Southeast Asia to enhance water quality and sanitation services fuel the Asia Pacific market's remarkable growth. Moreover, the region’s growth can be credited to advanced effluent treatment processes and compliance with government regulations.

Information-https://www.fortunebusinessinsights.com/industry-reports/water-treatment-chemicals-market-101748