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Water Treatment Chemicals Market is expected to witness a CAGR of more than 6.0% till 2027

[147 Pages Report] on Water Treatment Chemicals Market by Type (Coagulants & Flocculants, Corrosion Inhibitors, Scale Inhibitors, Biocides & Disinfectants), End user (Municipal, Power ,Oil & Gas, Mining), and Region - Global Forecast to 2027", is projected to reach USD 75.8 billion by 2027, at a CAGR of 6.0% during the forecast period


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.

Expansions are among the key strategies adopted by the major players to strengthen their position in the water treatment chemicals market. This strategy accounted for a share of 40.5% of the total growth strategies adopted by the leading market players between January 2013 and August 2017. Companies operating in the water treatment chemicals market adopted the strategy of acquisitions to expand their regional presence. This strategy accounted for a share of 33.3% of the total growth strategies adopted by the players between January 2013 and August 2017. The strategy of new product launches accounted for a share of 14.3% of the total growth strategies adopted by the market players between January 2013 and August 2017.
BASF SE (Germany), which is one of the leading manufacturers of water treatment chemicals, adopted the strategy of new product launches as its primary growth strategy. The company provides water treatment chemicals through its performance products business segment. BASF SE is strengthening its foothold in the water treatment chemicals market by launching new products in the market. For instance, in 2016, the company launched Sokalan AF-X at the Water, Energy, Technology, and Environment Exhibition (WETEX) - 2016 held in Dubai. Sokalan AF-X is a water-soluble and readily biodegradable antifoam used in the thermal desalination processes. The launch of this product helped the company enhance its position in the water treatment chemicals market. In 2014, BASF SE launched ultra-high molecular weight cationic powder flocculant with Zetag ULTRA for solid/liquid separation in industrial and municipal wastewater treatment plants. The launch of this product helped the company strengthen its position in water treatment chemicals market.
Ecolab Inc. (US) is also one of the major manufacturers of water treatment chemicals. The company has developed a strong client base by expanding its distribution networks to serve its customers efficiently and offer its customized products in the European, North American, and Asia-Pacific regions. The company provides water treatment chemicals through its global industrial business segment, which accounted for a share of 36.0% of the total revenue of the company in 2016. It is focusing on strengthening its position in the market by adopting various inorganic growth strategies. In July 2016, the company acquired Aquatech International (US), which offers water purification technologies for the industrial and infrastructure sectors. The acquisition enabled Ecolab Inc. to strengthen its position in the water treatment chemicals market.


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Comments

  1. Interesting blog. Nice to read something like this. Its great.

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  2. Very informative post. Every findings about the possibility of the Water Treatment Chemicals Market are well defined and described. It is true that the Water Treatment Chemicals Market is in the path of a huge growth. As someone working with a Water Treatment Chemicals Manufacturer company, I can assure that manufacturer companies are expecting a great growth in upcoming years. Keep posting informative articles and studies.

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