Water And Wastewater Treatment Chemicals (WWTCs) Market size to grow from 2022 to 2027

The water and wastewater treatment chemicals (WWTCs) market size is forecast to increase by USD 18,937.95 million from 2022 to 2027. The market is progressing at a CAGR of 6.41%, according to a recent market study by Technavio. The growth of the market will be driven by the increasing demand for freshwater due to the rise in population, scarcity of water leading to increasing use of water and wastewater treatment chemicals, and stringent water and wastewater regulations. 

Technavio, a leading global technology research and advisory company. has extensively analyzed 15 major vendors, including Accepta Ltd., Akzo Nobel NV, Albemarle Corp., Arkema Group, Buckman Laboratories lnternational Inc., Carus Group Inc., Chembond Chemicals Ltd., Cortec Corp., Danaher Corp., Dow Inc., Hydrite Chemical Co., Ion Exchange India Ltd., Kemira Oyj, Kurita Water Industries Ltd., Lonza Group Ltd., Solenis LLC, Solvay SA, SUEZ SA, Thermax Ltd., and Ecolab Inc.

The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology. It also provides detailed analyses of the market’s competitive landscape and vendors’ product offerings.

The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

This report extensively covers market segmentation by type (coagulants and flocculants, corrosion and scale inhibitors, biocides and disinfectants, pH adjusters and softeners, and others), application (municipality, power generation, pulp and paper, metal and mining, and oil and gas and others), and geography (APAC, North America, Europe, South America, and Middle East and Africa).

The market share growth by the coagulants and flocculants segment will be significant for the market during the forecast period. Coagulants and flocculants are usually used in effluent water treatment processes for solid removal, water clarification, lime softening, sludge thickening, and solids dewatering. Since they are used to remove sedimentary and particulate matter from the contaminated water, this segment lowers the operating cost of the water treatment process. As a result of factors such as the demand for potable water, an increase in population, and the quick urbanization of developing economies, the coagulants and flocculants market is predicted to expand. Hence, such factors drive segment growth during the forecast period.

The increasing demand for freshwater due to the rise in population notably drives the market.

Water and wastewater treatment chemicals now have a wide range of global opportunities owing to the ongoing investment in the industry. Global urbanization, population growth, and ongoing economic expansion are some of the main causes of the rise in freshwater demand. The water supply systems in many urban areas are under stress because of the increase in urbanization. The need for freshwater increases along with population growth and urbanization.

The use of green chemicals in water and wastewater treatments is an emerging trend influencing market growth. 

Municipalities and power plants among other industries produce wastewater, which makes it possible to recycle wastewater that can be put to good use.Furthermore, depending on the kinds of contaminants in the water, different processes exist for treating both water and wastewater, among which are physical, chemical, and biological processes. Large amounts of wastewater are typically treated using these processes. Hence, such trends drive market growth during the forecast period.

The impact of untreated wastewater effluent on human beings and the environment is a major challenge hindering market growth. 

Large amounts of organic matter and nutrients are frequently deposited when untreated effluent from water and wastewater treatment plants is discharged, which seriously impairs the health of the environments in which it is present. Excessive exposure results in eutrophication and a brief oxygen shortage, which ultimately change the energy balance and water balance and disrupt the biotic community’s structure and function. In addition, the discharge of untreated effluent within these water bodies has an impact on the hydrological and physicochemical environment as a whole, with many micro- and macrofaunae displaying varying physiological tolerance levels. Hence, such challenges impede market growth during the forecast period.

What are the key data covered in this Water And Wastewater Treatment Chemicals (WWTCs) Market report?

*CAGR of the market during the forecast period *Detailed information on factors that will drive the growth of the Water And Wastewater Treatment Chemicals (WWTCs) Market between 2023 and 2027.*Precise estimation of the size of the Water And Wastewater Treatment Chemicals (WWTCs) Market and its contribution to the market with a focus on the parent market. *Accurate predictions about upcoming trends and changes in consumer behavior. *Growth of the Water And Wastewater Treatment Chemicals (WWTCs) Market industry across APAC, North America, Europe, South America, and Middle East and Africa. *A thorough analysis of the market’s competitive landscape and detailed information about vendors. *Comprehensive analysis of factors that will challenge the growth of Water And Wastewater Treatment Chemicals (WWTCs) Market vendors