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Monday, April 10, 2023

Lucintel Forecasts Industrial Water Treatment Chemical Market to Reach $30 Billion by 2028

According to the recent study the industrial water treatment chemical market is projected to reach an estimated $30 billion by 2028 from $26.5 billion in 2023, at a CAGR of 2.5% from 2023 to 2028. Growth in this market is primarily driven by growing need for portable water, presence of number of industrial units and increasing government regulations for quality water.

A more than 150-page report is developed to understand trends, opportunities and forecast in industrial water treatment chemical market by product (coagulants & flocculants, pH adjusters & softeners, biocides, scale inhibitors & dispersants, corrosion inhibitors, disinfectants, and chelating agents), end use industry (pulp and paper, municipal water & wastewater, oil & gas, chemicals, food & beverages, power generation, and metal & mining), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Download sample report by clicking on below link

https://www.lucintel.com/industrial-water-treatment-chemical-market.aspx

“Coagulants & flocculants market is expected to remain the largest segment during the forecast period.”

Based on product, the industrial water treatment chemical market is segmented into coagulants & flocculants, pH adjusters & softeners, biocides, scale inhibitors & dispersants, corrosion inhibitors, disinfectants, and chelating agents. Lucintel forecasts that the coagulants & flocculants market is expected to remain the largest segment due to rapid industrialization and increase in number of waterborne diseases, which will drive the demand for waste water treatment.

“Within the industrial water treatment chemical market, the Municipal water & waste water segment is expected to remain the largest end use industry.”

Based on end use industry the Municipal water & waste water segment is expected to witness the highest growth over the forecast period due to increasing need for raw water treatment and rising awareness pertaining to waste water recycling, sewage treatment, and pipeline network.

“Asia pacific will dominate the industrial water treatment chemical market in near future.”

APAC will remain the largest region due to the increasing industrial activities and implementation of strict environment regulations in order to protect water resources.

Download Brochure of this report by clicking on https://www.lucintel.com/industrial-water-treatment-chemical-market.aspx.

Major players of industrial water treatment chemical market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. AkzoNobel, Baker Hughes, BASF, Solenis, Kemira, Lonza Group, and Suez SA are among the major industrial water treatment chemical providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/industrial-water-treatment-chemical-market.aspx or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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