What Are the Key Factors of Water Treatment Chemicals market To Growing Rapidly in Global industry?

Water Treatment Chemicals Market is projected to reach USD 56.57 Billion by 2022, at a CAGR of 6.0% from 2017 to 2022. The increasing demand for chemically treated water from various end-use industries is expected to drive the growth of the water treatment chemicals market across the globe during the forecast period. 

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Drivers & Opportunities in global industry:

• Increasing Demand for Chemically Treated Water From Various End-Use Segments
• Stringent Regulatory and Sustainability Mandates Concerning the Environment
• Rising Population and Rapid Urbanization in the Emerging Economies
• Increase in the Demand for Specific Formulations

Based on type, the coagulants & flocculants segment is projected to lead the water treatment chemicals market in terms of volume during the forecast period. Coagulants & flocculants are widely used as water treatment chemicals in municipal and power applications. The increasing demand for coagulants & flocculants in these applications is due to the stringent implementation of various government regulations to ensure quality water for public health.

The municipal end user segment is projected to lead the water treatment chemicals market in terms of volume during the forecast period. As the global population is increasing continuously, the demand for treated quality water is also increasing. Thus, the consumption of water treatment chemicals in both, municipal and industrial sectors is increasing as there is a shortage of water resources. Municipalities treat water to meet stringent government regulations formulated to ensure public health. 

Some of the key players operating in the Water Treatment Chemicals Market are BASF SE (Germany), Ecolab Inc. (US), Solenis LLC (US), Akzo Nobel N.V. (Netherlands), The Dow Chemical Company (US), and Kemira OYJ (Finland). Expansions are among the major growth strategies adopted by the leading market players between January 2013 and August 2017 to enhance their position in the Water Treatment Chemicals Market.

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Browse 81 Market Data Tables and 30 Figures spread through 147 Pages and in-depth TOC on "Water Treatment Chemicals Market"

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