Industries > Chemicals > Industrial Water Treatment Chemicals Market Report 2019-2029
Industrial Water Treatment Chemicals Market Report 2019-2029
Forecasts by Application (Raw water treatment, Water desalination, Cooling and boilers, Effluent water treatment), by region and analysis of leading companies indicates that the Global Industrial Water Treatment Chemicals Market was valued at $20 billion by 2029
Market Drivers:
– Growing demand for water
– Favorable regulatory support for water treatment
– Increasing Demand for Chemically Treated Water From Various End-Use Segments
Market Restraints:
– High cost associated with water treatment
– Alternative Water Treatment Technologies
Market Opportunities:
– Rising Population and Rapid Urbanization in the Emerging Economies
– Increase in the Demand for Specific Formulations
Market Challenges:
– Need for Eco-Friendly Formulations and Vulnerability Regarding Copying of Patents
Market Segmentation 2019-2029:
The Industrial Water Treatment Chemicals Market is segmented on the Product, Application, and Regional basis.
Application
– Water desalination
– Raw water treatment
– Cooling and boilers
– Effluent water treatment
Regional Breakdown
Focused regional forecasts and analysis explore the future opportunities:
– North America
– Europe
– Asia-Pacific
– LAMEA
Competitive Analysis:
– Global industrial water treatment chemicals industry is highly consolidated in nature as well-established manufacturers operating in this industry are accounted for more than 70% of overall market share in 2018
– Mergers and acquisitions, along with the threat of backward and forward integration by manufacturers to distribute products and increase their market share, are expected to result in high industry rivalry over the forecast period. Potential entry of new players is further expected to intensify competition in the industry over the next few years.
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CCR Ref number: KD4R6
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