Water Treatment Chemicals And Technology Market Demand for Clean and Fresh Water

Posted by ROSHAN KHACHANE on June 6th, 2019

The global water treatment chemicals and technology market has been exhibiting a steady growth since past few years. The increasing need for fresh water across the globe is significantly driving this market. The rapid depletion of fresh water reserves worldwide, is likely to fuel the demand for water treatment chemicals and technology in the coming years.

The global market for water treatment chemicals and technology is broadly classified on the basis of chemicals, pumping systems, membrane systems, and its regional distribution. Based on chemicals, the worldwide market is categorized into the markets for corrosion and scale inhibitors, anti-foamants and defoamers, coagulants and flocculants, biocides, activated carbon, and other chemicals. Valves and controls, pumps, and automation systems are the key segments of this market on the basis of pumping systems.

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The membrane systems segment is further classified into reverse osmosis, electrodialysis, microfiltration, ultrafiltration, gas separation and others systems. Regionally, the global water treatment chemicals and technology market is segmented into in North America, Europe, Asia Pacific, and the Rest of the World (RoW).

This research report on the global water treatment chemicals and technology market presents an in-depth evaluation of the current as well as the historical performance of this market. Additionally, the research report analyzes on the competitive landscape prevalent in the worldwide market for water treatment chemicals and technology by analyzing the profiles, key strategies, and upcoming projects of the key companies operating in this market.

The global market for water treatment chemicals and technology stood at US6 bn in 2012.  Analysts expect the market to rise at a CAGR of 3.80% during the period starting from 2013 to 2018 and reach a market value of US0 bn by the end of the forecast period. The inadequate supply of clean drinking water in many parts of the world is likely to propel the worldwide water treatment chemicals and technology market to a great extent over the next few years.

On the basis of chemicals, the market for corrosion and scale inhibitors has emerged as the biggest segment in the overall water treatment chemicals and technology market. The market for membrane systems is projected to report a CAGR of 9.60% between 2013 and 2018.

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The water treatment chemicals and technology market in Asia Pacific is projected to dominate the global market over the forecast period at a CAGR of 5.10%. Other regional markets are also projected to witness impressive growth in the near future.

Though the global market for water treatment chemicals and technology looks thriving, the high cost associated with water treatment is expected to limit the growth of this market over the forecast period. Low investment is also a big factor that is restricting this market’s hindrance-free development.

Akzo Nobel, Kemira, Ashland Hercules, Nalco, Flowserve Corp., GE Tech, Grundfos, KSB Co., Kirloskar Ebara, ITT Corp., Tyco Int., Pentair, Emerson, KITZ Corp., Dresser, BASF, and Dow Water & Process Solutions are the key players operating in the global water treatment chemicals and technology market.