Market Overview:
Water treatment chemicals are used for potable water treatment and wastewater treatment in various industries. They help remove suspended solids, dissolved compounds, bacteria and other unwanted materials from water. Commonly used water treatment chemicals include coagulants, flocculants, biocides, corrosion and scale inhibitors, pH adjusters and softeners. They not only purify water but also extend the lifespan of municipal infrastructure as well as industrial equipment by preventing scale formation and corrosion.

Market key trends:
The global water treatment chemicals market is estimated to witness high growth owing to rising demand for chemically treated water from municipal and industrial sectors. Stringent regulations regarding freshwater usage and wastewater discharge across regions are driving municipal authorities to increasingly adopt chemical-based water treatment practices. Rapid industrialization and growing manufacturing activities have significantly boosted the consumption of treated water for various applications such as cooling, processing, and boilers in end-use industries. Furthermore, rising awareness about water conservation and reuse of treated wastewater is augmenting the sales of chemicals designed for advanced wastewater treatment processes. Manufacturers are also focusing on developing eco-friendly and sustainable water treatment solutions to capitalize on the shift toward greener chemicals.

Key Takeaways
The global Water Treatment Chemicals Market Size is expected to witness high growth, exhibiting CAGR of 6.6% over the forecast period, due to increasing industrialization and urbanization. The market size for water treatment chemicals is estimated to reach US$ 40.53 Bn in 2023.

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