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Municipal Water Treatment Chemicals Market Size And Forecast
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Municipal Water Treatment Chemicals Market size was valued at USD 38.97 Billion in 2020 and is projected to reach USD 60.96 Billion by 2028, growing at a CAGR of 9.31% from 2021 to 2028.
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The market for Municipal Water Treatment Chemicals is being driven by rising demand for chemically treated water from various end-use segments, as well as strict regulatory and sustainability demands addressing the environment. Increased demand from the sugar and ethanol, fertilizer, geothermal power generation, petrochemical manufacturing, and refining industries, particularly in emerging economies, can also be ascribed to the growth. The Global Municipal Water Treatment Chemicals Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
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Global Municipal Water Treatment Chemicals Market Definition
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The practice of eliminating insoluble materials such as rust, clay, fine sands, and toxic wastes that remain undissolved and result in total suspended solids is known as water treatment (TSS). As a result, municipal organizations are able to meet the demand for drinkable and treated water by employing a variety of chemical treatments to reduce TSS levels.
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Global Municipal Water Treatment Chemicals Market Overview
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Increased demand for chemically treated water in various end-use categories is a major driver for the industry. The demand for fresh and clean water for the home, agricultural, and industrial reasons has expanded dramatically in emerging economies as a result of greater industrial activity. As a result, such places are likely to have a higher need for Water Treatment Chemicals than developed countries. Furthermore, chemical water filtration is a more cost-effective procedure than physical purification. Ion exchange, UV filtration, and RO are advanced technologies that demand large investments that are not always possible. Treatment of water using chemicals and physical purification has different operating costs. Coagulation, Flocculation, and Disinfection, for example, would be far less expensive than UV and RO treatment in a large-scale water treatment plant.
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Sulabh International, a firm established in India, and 1001 Fontaines, a French nonprofit, launched a facility in Varanasi in 2015 to supply chemically treated drinking water for as little as 50 paise per liter. The market for Municipal Water Treatment Chemicals is driven by the rise of the power, oil and gas, mining, and chemical industries, particularly in growing economies such as China, Brazil, India, Indonesia, Malaysia, Argentina, Chile, and Vietnam. Exploration and development of new oil fields, such as pre-salt oil fields in Brazil, as well as the construction of new and high-capacity power plants in China and India using fossil fuels, nuclear, or solar power as fuel, and the growing mining industry as a result of rising demand from the construction sector, are expected to drive the Municipal Water Treatment Chemicals Market during the forecast period.
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However, alternative water treatment technologies act as a barrier for this market. Chemicals are used in water treatment processes to a minimum thanks to improved technologies. Chemical treatment systems are being displaced to a significant part by the development of filtration and ultrafiltration technologies. Membrane research is a priority of the APAC region’s main water treatment companies’ R&D centers. Nano-engineered composite membranes have recently emerged as a new innovation in membrane technology. The increasing population and emerging industrialization in emerging economies is a great opportunity for this market to focus upon.
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Global Municipal Water Treatment Chemicals Market: Segmentation Analysis
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The Global Municipal Water Treatment Chemicals Market is segmented based on Type, Application, and Geography.
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Municipal Water Treatment Chemicals Market, By Type
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• Coagulants and Flocculants
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• Corrosion and Scale Inhibitors
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• Biocides and Disinfectants
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• Others
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Based on Type, the market is segmented into Coagulants and Flocculants, Corrosion and Scale Inhibitors, Biocides and Disinfectants, and Others. Coagulants and Flocculants are expected to account for the highest proportion of the Municipal Water Treatment Chemicals Market by Type in terms of volume during the forecast period. The rising use of these chemicals in municipal and wastewater treatment in various industries like as electricity, oil & gas, chemical, and petrochemical is driving the segment. Colour and turbidity are removed from untreated, raw water using coagulants. They are positively charged molecules that neutralize particles’ negative charges. Coagulants are divided into two types: organic and inorganic coagulants. Flocculants are substances that aid in water flocculation. They are employed in water treatment procedures to increase the sedimentation or filterability of tiny particles. They filter water for small particles that are difficult to remove by filtering. Polyacrylamide and its derivatives are used to make the majority of flocculants. Anionic, cationic, non-ionic, and amphoteric flocculants are the most common varieties.
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Municipal Water Treatment Chemicals Market, By Application
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• Raw Water Treatment
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• Water Desalination
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• Cooling
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• Boiler
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• Effluent Water Treatment
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• Others
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Based on Application, the market is segmented into Raw Water Treatment, Water Desalination, Cooling, Boiler, Effluent Water Treatment, and Others. Due to rising usage in industrial settings for chilling, product formulations, rinsing, or even human consumption if adequately filtered, raw water treatment emerged as the largest application area with a revenue share of more than 45 percent in 2019. It is used to increase process performance and production efficiency for a specific application by pre-treating supplied water. Because of its widespread use in the petrochemical industry, boilers emerged as the most popular application category. Boiler water treatment protects boiler components and pipework from damage caused by impurities found in the boiler or feeds.
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Municipal Water Treatment Chemicals Market, By Geography
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• North America
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• Europe
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• Asia Pacific
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• Rest of the world
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On the basis of Geography, the Global Municipal Water Treatment Chemicals Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. In 2019, North America had the largest market share of more than 25%. Over the forecast period, the United States is expected to grow at a CAGR of 2.4 percent. Stringent government restrictions aimed at regulating the disposal and production of wastewater are to blame for this rise. In the near future, the rise of the industrial, power, and manufacturing sectors is expected to boost demand for boiler chemicals and systems in Asia Pacific’s growing nations.
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Key Players
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The “Global Municipal Water Treatment Chemicals Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are BASF SE (Germany), Ecolab Inc. (US), Solenis LLC (US), Akzo Nobel N.V. (Netherlands), Kemira OYJ (Finland), Baker Hughes (US), Lonza(Switzerland), The Dow Chemical Company (US), SnfFloerger (France), Solenis LLC (US), and Suez S.A. (France).
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Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
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Report Scope
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REPORT ATTRIBUTES | DETAILS |
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Study Period |
2017-2028 _x000D_ |
Base Year |
2020 _x000D_ |
Forecast Year |
2021-2028 _x000D_ |
Historical Period |
2017-2019 _x000D_ |
Unit |
Value (USD Billion) _x000D_ |
Key Companies Profiled |
BASF SE (Germany), Ecolab Inc. (US), Solenis LLC (US), Akzo Nobel N.V. (Netherlands), Kemira OYJ (Finland), Baker Hughes (US), Lonza(Switzerland), and The Dow Chemical Company (US) _x000D_ |
Segments Covered |
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Customization Scope |
Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope _x000D_ |
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Reasons to Purchase this Report
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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
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• Provision of market value (USD Billion) data for each segment and sub-segment
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• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
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• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
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• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
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• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
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• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
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• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
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• Provides insight into the market through Value Chain
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Frequently Asked Questions
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What is the projected market size & growth rate of the Municipal Water Treatment Chemicals Market? _x000D_
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Municipal Water Treatment Chemicals Market was valued at USD 38.97 Billion in 2020 and is projected to reach USD 60.96 Billion by 2028, growing at a CAGR of 9.31% from 2021 to 2028._x000D_
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What are the key driving factors for the growth of the Municipal Water Treatment Chemicals Market? _x000D_
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The market for Municipal Water Treatment Chemicals is being driven by rising demand for chemically treated water from various end-use segments, as well as strict regulatory and sustainability demands addressing the environment._x000D_
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What are the top players operating in the Municipal Water Treatment Chemicals Market? _x000D_
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The major players in the market are BASF SE (Germany), Ecolab Inc. (US), Solenis LLC (US), Akzo Nobel N.V. (Netherlands), Kemira OYJ (Finland), Baker Hughes (US), Lonza(Switzerland), and The Dow Chemical Company (US)._x000D_
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What segments are covered in the Municipal Water Treatment Chemicals Market Report? _x000D_
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The Global Municipal Water Treatment Chemicals Market is segmented based on Type, Application, and Geography._x000D_
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How can I get a sample report/company profiles for the Municipal Water Treatment Chemicals Market? _x000D_
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The sample report for the Municipal Water Treatment Chemicals Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report._x000D_
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