Global Water Treatment Chemicals market 2018-2025 water treatment chemicals market | Page 2
BlueWeaveConsulting
According to a new market report published by BlueWeave Consulting, the Global
water treatment chemicals market was valued at US$ 23.56 Bn in 2017 and is
expected to expand at a CAGR of 5.70% from 2018 to 2025, reaching US$ 37.25
Bn by the end of the forecast period.
According to the report, North America was the largest contributor in terms of revenue to
the Global water treatment chemicals market in 2017.
Increasing demand from industrial and municipal wastewater treatment is driving
the Global Water Treatment Chemicals market
According to UNESCO 2017, worldwide over 80% of wastewater is released to the
environment without adequate treatment. Around 1.8 billion people use a source of drinking
water contaminated with microorganisms, risking of contracting cholera, dysentery, typhoid,
and polio. Wastage of water has become one of the major challenges for both developed
and developing economies with an increase in the manufacturing industry. Numerous
government and non-government organizations are actively participating to save fresh
water and natural resources. For instance, average high-income countries treat about 70%
of the wastewater they generate, while 38% of wastewater is only treated in upper-middle-
income countries and 28% in lower-middle-income countries.
Biocides & Disinfectants- Fastest Growing Water Treatment Chemicals Product
Type
Biocides and Disinfectants are growing rapidly with a CAGR of 6.3%, in terms of value,
during the forecast period owing to the rising consumer awareness and stringent global
environmental biocidal products regulations on water preservation and management.
Moreover, a majority of the current population does not have access to clean water. Rising
population across the globe increases the demand for clean water, which also drives the
biocides and disinfectants market
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Global Water Treatment Chemicals Market: Competitive Dynamics
Companies, such as BASF SE, Solvay S.A., DowDuPont, Ecolab Inc., Suez S.A., and Baker
Hughes Incorporated are the key players in manufacturing water treatment chemicals
globally. In terms of product offerings, BASF SE and Ecolab Inc. are the major players in the
market, providing chemicals for water treatment. Most of the major vendors in the Global
Water Treatment Chemicals Market are actively focused on enhancing their offerings to
meet the ongoing demand.
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