Water Treatment Chemicals Market Analysis,Growth, Trends 2025 Global Water Treatment Chemicals Market

Water Treatment Chemicals Market Analysis, Size,
Share, Growth, Trends and Forecast To 2025
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.
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.
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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
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
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