Water Treatment Chemicals Market Size, Share Valuation 2021 Global Growth Insights, Technology Progress, Industry News Update Research Report Forecast to 2030

In a recent published report, Kenneth Research has updated the market report for Water Treatment Chemicals Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Water Treatment Chemicals Market products.

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According to a report by the World Health Organization (WHO), the total health spending is growing with an annual average rate of 6% in the low- and middle-income nations, and close to 4% in the high-income countries. Further, in the year 2016, the expenditure made on health reached close to 10% of the GDP of the world and crossed a value of USD 7 trillion.

“Final Report will add the analysis of the impact of COVID-19 on this industry.”

As per the latest report published by Variant Market Research, Global Water Treatment Chemicals Market is estimated to reach $28.7 billion by 2024; growing at a CAGR of 6.2% from 2016 to 2024. Water treatment chemicals have widespread use in various end use industries for water treatment processes. Some of the types of chemicals used in water treatment processes are coagulants, biocides & disinfectants, flocculants, corrosion inhibitors, scale inhibitors, and pH adjusters & softeners. These chemicals reduce the suspended solids such as sand, clay, and dust those remain undissolved in water. Growing population and industries globally are expected to boost the growth of water treatment chemicals market.

Major factors driving the global water treatment chemicals market are growing investment in industrial sector, growing demand for chemically treated water in numerous end-use sectors, and usage in waste reduction, and scarcity of pure & clean drinking water. However, alternative water treatment technologies may hamper the market growth. Furthermore, rapidly increasing urbanization & growing population in the emerging economies, and increasing adoption for specific formulations would unfold with numerous growth opportunities in the forecasted years.

Major segments in the global water treatment chemicals market are type, application, and geography. The type segment comprises coagulants & flocculants, oxygen scavengers, corrosion inhibitors, scale inhibitors, chelating agents, biocides & disinfectants, pH adjusters & stabilizers, anti-foaming agents, oxidants, and other types. Moreover, by application, the market is categorized as municipal water treatment, power generation, chemical processing, pulp & paper, food & beverages, metal & mining, oil & gas, construction, petroleum refining, and other applications.

Geographically, the global water treatment chemicals market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW) North America is further bifurcated in U.S., Canada, and Mexico whereas Europe segment consist of UK, Germany, Italy, France, and Rest of Europe. Asia-Pacific is segmented into China, Japan, India, South Korea, and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.

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The major players competing in the market are The Dow Chemical Company, BASF SE, Kemira Oyj, BWA Technology, Inc., Ecolab Inc., Cortec Corporation, AkzoNobel, Buckman Laboratories International, Inc., Solvay SA, and GE Osmonics, Inc., among others.

The key takeaways from the report
The report will provide detailed analysis of Water Treatment Chemicals Market with respect to major segments such as type, and application
The report will include the qualitative and quantitative analysis with market estimation over 2015 – 2024 and compound annual growth rate (CAGR) between 2016 and 2024

Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
An exhaustive regional analysis of Water Treatment Chemicals Market has been included in the report

Profile of the key players in the Water Treatment Chemicals Market will be provided, which include key financials, product & services, new developments and business strategies
Scope of Water Treatment Chemicals Market
Type Segments

Coagulants & Flocculants
Oxygen Scavengers
Corrosion Inhibitors
Scale Inhibitors
Chelating Agents
Biocides & Disinfectants
pH Adjusters & Stabilizers
Anti-Foaming Agents
Oxidants
Other Types
Application Segments

Municipal Water Treatment
Power Generation
Chemical Processing
Pulp & Paper
Food & Beverages
Metal & Mining
Oil & Gas
Construction
Petroleum Refining
Other Applications
Geographical Segments

North America
U.S.
Canada
Mexico
Europe
UK
Germany
Italy
France
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
RoW
South America
Middle East
Africa

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