Global $54 Billion Specialty Water Treatment Chemicals Technologies and Markets to 2028 - Corrosion Inhibitors and Coagulants Lead the Market

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Aug 09, 2023, 05:45 ET

DUBLIN, Aug. 9, 2023 /PRNewswire/ -- The "Specialty Water Treatment Chemicals: Technologies and Global Markets" report has been added to ResearchAndMarkets.com's offering.

By 2028, the market is expected to reach an estimated value of $54.0 billion.

The global specialty water treatment chemicals market is projected to witness robust growth, with an estimated 6.1% compound annual growth rate (CAGR) from 2023 to 2028.

This growth is fueled by emerging opportunities in developing and developed regions, along with advancements in water treatment products, driven by the increasing demand for clean water across various sectors.

The rising global demand for clean water is a result of growing populations and rapid industrial expansion, which has significantly influenced the water treatment industry's growth rate in recent years. With a focus on water treatment methods using specialty chemicals, this market offers a diverse range of treatment options and technologies to ensure the purification of contaminated water for various applications.

The declining availability of clean water across regions with large populations, such as China, India and African countries, is driving the growth of the water treatment chemicals industry. Hence, India and China, due to demographic factors and their having a competitive edge over developed countries with comparatively stricter water treatment regulations, contributed significantly to the growth of the specialty water treatment chemicals market.

Among all the regions, the Asia-Pacific region currently is and will remain the single largest market for specialty chemicals for water treatment through 2028. The 2023 market share of the APAC region is 48.5%, followed by North America at 21.3% and Europe at 18.6%. The same trend is expected to continue into the year 2028, with some minor distribution percentage changes among the different regions.

Based on function, the market is segmented into various categories such as corrosion inhibitors, coagulants and flocculants, biocides and insecticides, scale inhibitors, pH adjusters and softeners, activated carbon, defoamers and nano-chemicals. These segments have been explained in detail in the report; among these segments, the corrosion inhibitors and coagulants and flocculants segments held over 40.4% of the market share in 2022.

In terms of end users, the power industry is the single largest user of specialty chemicals for water treatment, comprising 25.5% of the market, followed by the oil and gas industry, which had a 19.9% share in 2022.

Company profiles of major players within the industry, including BASF, Dow Inc., Grasim Industries Ltd., Halliburton Co., Solvay S.A., and Veolia Environnement S.A.

Report Includes

Detailed overview and up-to-date analysis of the global specialty water treatment chemicals market
Analyses of the global market trends, with market revenue (sales figures) for 2022, estimates for 2023, forecasts for 2027, and projections of compound annual growth rates (CAGRs) through 2028
Estimation of the current market size and growth forecast for global specialty water treatment chemicals market in USD million values, and their corresponding market share analysis based on the process/function, application, treatment type, end-user sector, and region
Highlights of emerging technologies and new developments, along with the influence of regulatory standards and frameworks, and impact of macroeconomic variable on the market for specialty chemicals in water treatment industry
Detailed review of steps taken towards the ESG sustainability in specialty water treatment technologies industry, ESG practices by companies, current status, and along with future trends and opportunities
Analysis of patents related to water treatment chemicals based on country of origin, issuing company and year of patent issued
Insight into the recent industry structure, competitive aspects of each product segments, increasing investment on R&D activities, market growth strategies, and company revenue share analysis
Updated information on recent competitive developments, such as mergers and acquisitions, joint ventures, expansions, and new product developments in the global market
Identification of the major stakeholders and analysis of the competitive landscape based on recent developments and segmental revenues

Company Profiles

BASF
The Chemours Co.
Chemtreat Inc.
Clariant AG
Diamines & Chemicals Ltd.
Dow Inc.
Eastman Chemical Co.
Ecolab Inc.
Grasim Industries Ltd.
Halliburton Co.
Ion Exchange India Ltd.
Kemira Oyj
Kurita Water Industries Ltd.
Sanyo Chemical Industries Ltd.
Solvay S.A.
Veolia Environnement S.A

Key Topics Covered:

Chapter 1 Introduction

Chapter 2 Summary and Highlights

Chapter 3 Market Overview

Chapter 4 Market Dynamics

Drivers

Growing Worldwide Population
Growth in Developing Countries
Declining Freshwater Resources
Strict Environmental Regulations
Shifting Focus of the Water Treatment Chemicals Market Toward the Industrial Sector
Skepticism of Alternative and Advanced Technologies

Challenges

Emerging Contaminants
General Aversion to Chemical Treatment Technologies
Alternative Technologies Substituting for Chemicals
Patent Expiry Restricts Product Development

Megatrends

Wastewater Management
Increasing Urbanization and Industrialization

Chapter 5 Specialty Water Treatment Chemicals Market by Function

Introduction
Corrosion Inhibitors
Application of Corrosion Inhibitors
Coagulants and Flocculants
Coagulants
Flocculants
Biocides and Insecticides
Uses of Biocides
Types of Biocides
Segment Analysis
Scale Inhibitors
Types of Scale Inhibitors
Segment Analysis
Ph Adjusters and Softeners
Ph Adjusters
Softeners
Activated Carbon
Types of Activated Carbon
Defoamers
Nano-Chemicals
Other Specialty Chemicals
Fluoridation Chemicals
Chelating Agents
Oxygen Scavengers
Algaecides
Odor-Control Chemicals

Chapter 6 Specialty Water Treatment Chemicals Market by Treatment

Introduction
Municipal Potable Drinking Water Treatment
Process for Drinking Water Treatment
Industrial Process Water Treatment
Raw Water Treatment Processes
Industrial Wastewater Treatment Processes
Sewage or Wastewater Treatment
Seawater Treatment

Chapter 7 Specialty Water Treatment Chemicals Market by Application

Introduction
Process
Types of Water Reuse Processes
Application of Recycled Water Treatment

Chapter 8 Specialty Water Treatment Chemicals Market by End-user

Introduction
Power Generation
Oil and Gas
Pulp and Paper
Metal Processing
Chemical Processing

Chapter 9 Specialty Water Treatment Chemicals Market by Region

Introduction
Asia-Pacific
China
India
North America
European Region
Rest of the World

Chapter 10 Sustainability in Specialty Water Treatment Chemicals Industry: An Esg Perspective

Importance of Esg in the Specialty Water Treatment Chemicals Industry
Esg Ratings and Metrics: Understanding the Data
Esg Practices in the Specialty Water Treatment Chemical Industry
Current Status of Esg in the Market for Specialty Water Treatment Chemicals
Esg Score Analysis
Risk Scale, Exposure Scale and Management Scale
Case Study: Examples of Successful Esg Implementation
Environmental Initiatives
Social Initiatives
Governance Initiatives
Outcomes
Investments
Future of Esg: Emerging Trends and Opportunities
Digital Technology
Concluding Remarks from the Publisher

Chapter 11 Emerging Technologies and Development

Key Highlights
Current Market Trends
Alternatives to China
The Shift in Global Supply Chain
Emerging Technologies in the Market
Integration of Digitalization at Various Industrial Processes
Sustainability and Green Chemistry
Nanotechnology
New Product Development

Chapter 12 Patent Analysis

Significance of Patents
Importance of Patent Analysis
Patent Analysis Based on Country of Origin
Patent Analysis Based on Year Issued
Patent Analysis Based on Patents Issued to Different Companies

Chapter 13 Merger and Acquisition Outlook

M&A Analysis

Chapter 14 Competitive Intelligence

Industry Structure
Specialty Water Treatment Chemicals Market Structure

For more information about this report visit https://www.researchandmarkets.com/r/esty6p

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