Water Treatment Chemical Market Outlook 2025 Water Treatment Chemicals Market 2018-2025

Global Water Treatment Chemical Market Study for 2018 to 2025
Providing Information Of Top Companies, Trends, Growth Factors
And Industry Challenges
Accessibility to fresh water is essential for social, economic development,
ecosystem, and human health. Increasing population is growing environmental
pressure for adequate and safe water supplies, challenging economic growth. To
overcome the challenge, government authorities and non-profit organizations are
stressing on low environmental pollution and improving waste wastewater
management. Water management for unconventional shale gas extraction is a
rising issue surrounding the gas industry. Hence, reuse of produced water for
hydraulic fracturing is currently addressing the concerns regarding the vast
quantities of contaminants that are brought to the surface. Implementation of
water management becomes essential for the shale gas industry which is driving
the global water treatment chemical industry.
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.
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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. Further, in low-income
countries, only 8% of industrial and municipal wastewater undergoes treatment of any kind,
reported by the United Nations Educational, Scientific and Cultural Organization in 2017.
Thereby, wastewater treatment chemicals products demand will increase globally owing to
the rise in consumers awareness regarding depletion of natural resources and scarcity of
freshwater in developed countries, surging the need for wastewater treatment chemicals