Stratview Research announces the launch of a new research report on the Water treatment Market is Segmented by Chemical Type (Corrosion Inhibitors, Coagulants, Flocculants, PH Adjusters, Biocides, Scale Inhibitors, and Others), by Salt Type (Aluminium and Iron), by End-User Type (Paper & Pulp, Power Generation, Metals & Mining, Refining, Wastewater, Municipal, and Others), and by Application Type (Wastewater Treatment, Portable Water Treatment, and Industrial Water treatment), by Region Type (North America, Europe, Asia-Pacific, and Rest of the World).
The report calculates the short- and long-term ramifications of the COVID-19 pandemic on Water Treatment Chemical Market consumption at the global, regional, and nation scales. The report also compares pre-COVID and post-COVID scenarios to evaluate the potential loss to the industry. The vital data provided in the report can play a crucial role for market participants as well as investors in formulating short-term as well as long-term growth strategies.
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The report delivers a detailed view of the industry based on Water Treatment Chemical Market size, market growth, and opportunities. The report also analyses market key aspects such as-
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Covid-19 Impact analysis.
- Market environment analysis: Growth drivers and constraints, and SWOT analysis.
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
Highlights from the Report
The water treatment chemicals market logged a colossal decline of more than -14% in 2020. The market was hit adversely by the pandemic majorly because of a decline in the tourism industry in the wake of complete restrictions on traveling. Furthermore, various industries, such as petrochemical, had cut their production during the lockdown period, aggravating the overall demand. However, the industry stakeholders are expecting healthy market recoveries in the near years, assisting them to quickly resuscitate the market losses during the pandemic. In the long term, the market for water treatment chemicals is subjected to grow at a healthy CAGR of 6.0% over the next five years to reach US$ 35 billion by 2026.
In terms of regions, Europe and North America are well-established markets for water treatment chemicals. However, Asia Pacific is expected to emerge as the largest as well as the fastest-growing market for water treatment chemicals during the forecast period. This was mainly due to the growing population coupled with the increasing demand for clean and fresh water for human and industrial needs.
According to the report, the key players of the market are –
- Nalco-Ecolab company
- Kemira Oyj
- Kurita Water Industries Ltd
- The Dow Chemical Company
- SNF Group
- Veolia Water
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