Global Water Treatment Chemicals Market – International Industrial Outlook
The report on "Global Water Treatment Chemicals Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2021" added by DecisionDatabases.com provides a comprehensive analysis including market value, forecasts, as well as a detailed competitive market analysis of major players.
Water treatment chemicals are chemicals used to extract contaminants in water and make it suited for human or industrial use. The chemical used varies based on location, quality of water, hardness, PH etc. Any form of water such as sea water, ground water, municipal drinking water, or industrial waste water can be purified by these chemicals. The rising population and growing water shortage around the globe has led to the development of water treatment chemicals market. Moreover growing awareness and attraction towards healthy lifestyles have been factors responsible to augment this market.
Water treatment chemicals are segmented based on products into Biocides, Coagulants & Flocculants, Corrosion Inhibitors, pH Control Agents, Scale Control Agents, and Foam Control Agents. Urbanisation in developing countries has led to the use of municipal water which in turn has surfaced the importance on coagulants & flocculants process used in initial water treatment. Also, rising demand for oil and gas where coagulants & flocculants process can be used for purification has boosted the growth of this market.
Asia – Pacific is estimated to be the fastest growing market. Highly populated countries like China and India, have lined up many industrial development projects, growing sbeing industrial developments are few factors that are involved in the growth of the asia- pacific region. Developed economies such as North America have technological advancements, introduction of new products, equipment replacements, chemical processing, and oil and gas are few factors that have powered the growth of this market. Oil and gas is considered to be the largest market in water treatment chemicals. Owing to rise in extraction of oil and gas in the middle – east has led to growth of this market in that region.
The global demand for water treatment chemicals is rising with the rising government regulations over wastewater management and use of fresh and clean water for industrial and human use has propelled the growth of this market. Environmental concerns over municipal water treatment will augment the growth of this market. In developing economies the use of water treatment chemicals can give a competitive advantage to manufacturers and will also help them deliver better products to its customers, is also factor that will develop this market. Stringent environmental norms have been factor which has made industries and municipal corporations to use water treatment chemicals.
The key players in this market are Nalco-Ecolab Company, AkzoNobel N.V., BASF SE, BWA Water Additives UK Limited, GE Water & Process Technologies, The Dow Chemical Company, Del Rey Chemical Co., Universal Chemical, Inc., Evoqua Water Technologies, Seatex Ltd., Continental Chemical, and Barium & Chemicals, Inc. Recently, The industrial products segment of ICL has sold its Clearon Corp business unit, a manufacturer of water treatment chemicals for the pool and spa industry, to Hui Yu Xin American Corp, a subsidiary of Dalian Hui Yu Xin Technology Development Co Ltd, a Chinese specialty chemicals company.
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