Industrial Water Treatment Chemicals Market Is Anticipated To Witness Significant Growth Prospects With Rising CAGR By 2025|Grand View Research, Inc.


The global industrial water treatment chemicals market size is expected to reach USD 18.3 billion by 2025 at a 4.2% CAGR during the forecast period, according to a new report by Grand View Research, Inc. Rising demand for water desalination systems owing to scarcity of fresh water is a key factor driving industry growth.
In desalination plants, excess salts and other minerals are removed from water through membrane-based or thermal-based technologies, there by rendering it fit for industrial consumption. Reverse osmosis (RO) and distillation are methods used for seawater desalination, while electrodialysis and RO are used to desalt brackish water.
Some of the key companies in the industry are Kemira Oyj; BASF SE; Suez S.A.; Ecolab Incorporated; Cortec Corporation; BWA Water Additives; The Dow Chemical Company; Solvay S.A.; Buckman Laboratories International Inc.; and AkzoNobel N.V.
Browse Research Report On industrial water treatment chemicals Market:
https://www.grandviewresearch.com/industry-analysis/industrial-water-treatment-chemicals-market
Furthermore, development of advanced technology products and solutions by major companies in the market is expected to boost market growth over the forecast period. Rising investments in R&D of new products in the region is also expected to drive the market over the next few years.
Demand for water desalination in Asia Pacific, especially in countries such as India and Australia, is anticipated to witness high growth over the forecast period owing to increasing population, rising water scarcity, and reduced RO plant prices as compared to prices 10 years ago.
Further key findings from the report suggest:
  • Cooling & boilers dominated the global industrial water treatment chemical market by application with an overall volume share of over 56.0% in 2017
  • In terms of revenue, the effluent water treatment segment is projected to ascend at a CAGR of 4.4% over the forecast period
  • The water desalination segment in North America is expected to exhibit strong growth over the forecast period on account of variable and relatively warm climatic conditions, thereby stimulating interest in desalination and boosting demand for water resources
  • The industry is characterized by strategic alliances, product developments and innovation, equity investments in several other projects, and capital expansions by players
In India, rising groundwater contamination by industries is prompting state governments to impose restrictions on groundwater utilization. This factor, coupled with reduced prices of setting up plants, is anticipated to provide incentives for building new water desalination units over the forecast years.
Several countries in the Middle East are focusing on developing scalable infrastructure and efficient technologies to meet demand for potable water from the Gulf Sea and the Arabian Sea. Countries such as Saudi Arabia, UAE, Kuwait, Qatar, Bahrain, and Oman use thermal-based technologies to desalinate water and manage water scarcity issues.
Browse Press Release of this report:
https://www.grandviewresearch.com/press-release/global-industrial-water-treatment-chemicals-market
Cooling and boilers treatment emerged as the largest application segment in the industrial water treatment chemicals market and accounted for a revenue share of 56.7% in 2017. On the other hand, the raw water treatment chemicals application segment is estimated to rise at the highest CAGR of 4.3% during the forecast period.
Due to presence of heavy metals and suspended particles, demand for pretreated industrial water is likely to increase, especially in key countries such as U.S., China, India, U.K., Germany, and Brazil. This is likely to provide favorable scope for product consumption in future.
Grand View Research has segmented the global industrial water treatment chemical market on the basis of application:
Industrial Water Treatment Chemicals Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)
  • Raw Water Treatment
  • Water Desalination
  • Cooling & Boilers
  • Effluent Water Treatment
  • Others
Effluent water treatment is a process to treat industrial wastewater or safely dispose or reuse the same. In this process, industrial wastewater is separated from wastewater in an effluent treatment plant using several chemicals such as deoiling polyelectrolytes, otherwise known as DOPE, organic coagulants flocculants filtration aids, and dewatering aids.
Demand for effluent treatment is projected to witness significant growth as a result of need to reduce industrial utilization of freshwater. Not only does the process cut expenditure on procurement, but it also safeguards the environment against pollution and contributes toward sustainable development.
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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