Industrial water treatment forms an essential operation for optimizing various water-based industrial processes such as heating, cooling, rinsing, processing, and cleaning. Scaling, microbiological activity, corrosion, and disposal of residual water are the four main problem areas in any industry. Raw or untreated water needs to be treated before use in industries to meet quality standards and specifications for the process. Water treatment in industries ensures the smooth running of the industrial processes and reduced operating costs.
MARKET SCOPE
The "Global Industrial Water Treatment Chemicals Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the industrial water treatment chemicals market with detailed market segmentation by application and geography. The report provides key statistics on the market status of the leading industrial water treatment chemicals market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on application, the global industrial water treatment chemicals market is segmented into raw water treatment, water desalination, cooling and boilers, effluent water treatment, and others.
MARKET DYNAMICS
Drivers
- Growing demand for industrial wastewater treatment coupled with regulatory support for water treatment.
- Emerging economies offer significant growth opportunity for the market players with rapid industrialization.
- Growing need for potable water.
- Rising R&D activities drive the industrial water treatment chemicals market.
Restraints
- High cost associated with the water treatment systems and their maintenance.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The industrial water treatment chemicals market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the industrial water treatment chemicals market in these regions.
IMPACT OF COVID-19 ON industrial water treatment chemicals MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The chemical & materials industry is one of the major industries suffering serious disruptions, such as supply chain breaks, technology events cancellations, and office shutdowns, as a result of this pandemic. The shutdown of various plants and factories in leading regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa has affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various goods. Furthermore, various companies have already announced possible delays in product deliveries and slump in future sales of their products. The market for 3D printed metal is impacted by the pandemic due to shortfall in production along with halt in construction projects due to global lockdown.
MARKET PLAYERS
The report covers key developments in the industrial water treatment chemicals market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from industrial water treatment chemicals market are anticipated to lucrative growth opportunities in the future with the rising demand for industrial water treatment chemicals in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the industrial water treatment chemicals market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Akzo Nobel N.V.
- BASF SE
- Buckman Laboratories International, Inc.
- Cortec Corporation
- Ecolab Inc.
- Kemira Oyj
- Solenis LLC
- Solvay SA
- Suez SA
- The Dow Chemical Company
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.