Water Treatment Chemicals Market Estimated huge growth at a CAGR of 6.0% by 2022


Posted October 10, 2018 by armaan007

Water Treatment Chemicals Market expected to be worth USD 56.57 Billion by 2022, at a CAGR of 6.0%, from 2017–2022

 
[147 Pages Report] on Water Treatment Chemicals Market is projected to grow from USD 42.23 Billion in 2017 to USD 56.57 Billion by 2022, at a CAGR of 6.0% from 2017 to 2022. In this study, 2016 has been considered as the base year while the forecast period that has been considered is from 2017 to 2022.

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The main objective of this study is to define, describe, and forecast the water treatment chemicals market based on type, end user, and region. The report includes detailed information about the major factors such as drivers, restraints, opportunities, and industry-specific challenges influencing the growth of the water treatment chemicals market. The report strategically analyzes the market segments with respect to individual growth trends, growth prospects, and contribution to the total market. In the report, the water treatment chemicals market has been studied for North America, Europe, Asia-Pacific, the Middle East & Africa, and Central & South America.

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.

BASF SE (Germany), Ecolab Inc. (US), Solenis LLC (US), Akzo Nobel N.V. (Netherlands), and Kemira OYJ (Finland) are the leading players operating in the water treatment chemicals market.

For More information: https://www.prnewswire.com/news-releases/water-treatment-chemicals-market-worth-5657-billion-usd-by-2022-646111533.html

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Issued By Marketsandmarkets
Country India
Categories Industry , Marketing
Tags water treatment chemicals , water treatment chemicals applications , water treatment chemicals industry , water treatment chemicals manufacturers , water treatment chemicals market
Last Updated October 10, 2018