Water Treatment Chemicals Market to Grow at 6% CAGR by 2022
PUNE, India, October 3, 2017 /PRNewswire/ --
Water treatment chemicals market is forecast to reach $56.57 billion by 2022 from $42.23 billion in 2017 at a CAGR of 6.0% during (2017-2022) driven by the increasing use of water treatment chemicals in various end-use industries to cater to the growing demand for chemically treated quality water at low costs, rising Gross Domestic Product (GDP), growing global population, increasing public awareness about reuse of wastewater, improving economic conditions, and increasing number of new discoveries in the oil & gas sector according to RnRMarketResearch.
Browse 81 Market Data Tables and 30 Figures spread through 147 Pages and in-depth TOC on "Water Treatment Chemicals Market by Type (Coagulants & Flocculants, Corrosion Inhibitors, Scale Inhibitors, and Biocides & Disinfectants), End User (Municipal, Power, Oil & Gas, and Mining), Region - Global Forecast to 2022" http://www.rnrmarketresearch.com/water-treatment-chemicals-market-by-type-coagulants-flocculants-corrosion-inhibitor-scale-inhibitors-biocides-chelating-agents-anti-foaming-agents-ph-adjusters-others-application-indust-market-report.html .
The Asia-Pacific water treatment chemicals market is projected to grow at the highest CAGR in terms of both value as well as volume. Growing number of automotive worldwide, increasing global population, rapid urbanization, increasing scope of exploration of oil & gas and their production, easy availability of low-cost labor, and affordable raw material prices in the Asia-Pacific region are the factors fueling the growth of the water treatment chemicals market during the forecast period.
China led the Asia-Pacific water treatment chemicals market in terms of volume in 2016. The growth of the China water treatment chemicals market can be attributed to the significant increase in the consumption of water treatment chemicals in the country. This increased consumption of water treatment chemicals in China is a result of the rising population, increasing oil & gas exploration and production activities, increasing power generation, and growing mining industry in the country.
Make an Inquiry on Water Treatment Chemicals Market by Type (Coagulants & Flocculants, Corrosion Inhibitors, Scale Inhibitors, and Biocides & Disinfectants), End User (Municipal, Power, Oil & Gas, and Mining), Region - Global Forecast to 2022 research report at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=153232 .
The report profiles the leading players in the water treatment chemicals market that include BASF SE (Germany), Ecolab Inc. (US), Akzo Nobel N.V. (Netherlands), and Kemira OYJ (Finland). The report also includes the competitive strategies adopted by these key players to strengthen their position in the water treatment chemicals market.
Based on type, the biocides & disinfectants segment of the water treatment chemicals market is projected to grow at the highest CAGR during the forecast period in terms of value. Biocides & disinfectants are used in cooling water systems such as cooling towers, condensers, and compressor systems as these systems usually provide optimum conditions for microbial growth due to wide temperature and pH ranges, continuous aeration, and presence of various organic and inorganic nutrients and sunlight. In addition, biocides &disinfectants are also used in pulp & paper and oil & gas industries to inhibit the microbial growth as the uncontrolled bio fouling affects the production processes as well as the quality of finished products.
Inquire for Discount on "Water Treatment Chemicals Market - Global Forecast to 2022" research report at http://www.rnrmarketresearch.com/contacts/discount?rname=153232 .
The market sizes estimated in this study have been validated through primary interviews conducted with various industry experts, globally. These primary sources have been divided into three categories:
- By Company Type: Tier 1 - 25%, Tier 2 - 50%, and Tier 3 - 25%
- By Designation: C Level - 20%, Director Level - 30%, and Others - 50%
- By Region: North America - 20%, Europe - 30%, Asia-Pacific - 25%, Central & South America - 15%, and the Middle East & Africa - 10%
The objective of this study is to define, describe, and forecast the water treatment chemicals market based on various segmentations and strategically analyze the market segments with respect to individual growth trends, growth prospects, and contribution to the total market. In this report, the water treatment chemicals market has been segmented based on type, end user, and region.
Another research titled Flocculant and Coagulant Market Global Forecast to 2022 says, the global flocculant and coagulant market is projected to reach $6.01 billion by 2022, at a CAGR of 5.9% from 2017 to 2022. Based on end-use industry, the municipal water treatment segment is estimated to lead the flocculant and coagulant market during the forecast period. Rising demand for use in various applications is expected to drive the flocculant and coagulant market in the North America region. Companies such as SNF Floerger (France), Kemira OYJ (Finland), BASF SE (Germany), Ecolab Inc. (U.S.), Solenis LLC (U.S.), Buckman Laboratories, Inc. (U.S.), Feralco AB (Sweden), Suez S.A. (France), Ixom Operations Pty Ltd. (Australia), Kurita Water Industries Ltd. (Japan) have been profiled in this 137 pages research report available at http://www.rnrmarketresearch.com/flocculant-and-coagulant-market-in-apac-by-type-aluminum-sulfate-ferric-sulfate-ferrous-sulfate-ferric-chloride-and-others-application-municipal-water-treatment-power-generation-chemical-processing-and-ot-st-to-2021-market-report.html .
Explore more reports on Chemicals Market at http://www.rnrmarketresearch.com/reports/materials-chemicals/chemicals .
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