Water Treatment Chemicals Market Outlook
The report « HEDP Market by Type (Condensers, Chelating Agents, Corrosion Inhibitors, Coagulants & Flocculants, Ph Adjusters & Stabilizers, Scale Inhibitors, Anti-Foaming Agents and Others), End Users (Oil & Gas, Chemical, Pulp & Paper, Municipal, Food & Beverage, Power, Mining and Others) – Global Industry Analysis, Trends analysis and Forecast up to 2023 studies the world as well as regional markets including North America, Europe, Asia Pacific and RoW (Including Latin America, Middle East and Africa) », global water treatment chemicals market is expected to grow at a CAGR of 5.5% over the forecast period of 2017 – 2023. Factors driving the growth of this market include growing consumption of water and stringent government regulations regarding the waste water treatment and rising population as well as growing demand for water treatment chemicals from several end use industries.
By type, the water treatment chemicals market is classified into condensers, chelating agents, corrosion inhibitors, coagulants & flocculants, Ph adjusters & stabilizers, scale inhibitors, anti-foaming agents and others. The coagulants & flocculants segment is expected to lead the global water treatment chemicals in 2017. Factors driving the growth of this segment include favourable government regulations ensuring proper quality and growing demand for clean water.
Municipal Water Treatment Chemical is estimated to Command the Largest Share of the Market during the Forecast Period
Based on end user, the water treatment chemicals market is categorized into oil & gas, chemical, pulp & paper, municipal, food & beverage, power, mining and others. The municipal segment is estimated to account for the largest share of the global water treatment chemicals market during the forecast period. The heavy demand for clean water coupled with growing population and treatment of water at Municipal Corporation meeting the stringent government regulations ensuring public health are the key factors driving the growth of this end-user segment.