USD 15.65 Bn growth in Water and Wastewater Treatment Chemicals (WWTCs) Market | Technavio
The water and wastewater treatment chemicals (WWTCs) market size is expected to increase by USD 15.65 billion, accelerating at a CAGR of about 6% from2021 to 2025.
NEW YORK, Oct. 21, 2021 /PRNewswire/ -- Technavio's latest research report on the Water And Wastewater Treatment Chemicals (WWTCs) Market offers a comprehensive analysis on new product launches, the latest trends, and the post-pandemic impact on businesses.
The water and wastewater treatment chemicals (WWTCs) market size is expected to increase by USD 15.65 billion, accelerating at a CAGR of about 6% from 2021 to 2025.
Market Dynamics
Factors such as increasing demand for fresh water due to rise in population and scarcity of water leading to increasing use of water and wastewater treatment chemicals will drive the growth of the water and wastewater treatment chemicals (WWTCs) market. However, the availability of skilled workforce in treatment plants might hamper the market growth.
Stringent regulations boosting global market growth will provide significant opportunities for market players. On the other hand, operational and technical challenges in water treatment plants will reduce growth potential.
Company Profiles
The water and wastewater treatment chemicals (WWTCs) market report includes information on the product launches, sustainability, and prospects of leading vendors including Accepta Ltd., Arkema SA, Buckman Laboratories lnternational Inc., Chembond Chemicals Ltd., Cortec Corp., Dow Inc., Ion Exchange (India) Ltd., Kemira Oyj, Kurita Water Industries Ltd., and Solvay SA.
Competitive Analysis
The water and wastewater treatment chemicals (WWTCs) market report includes the competitive analysis, which analyzes and evaluates the position of companies based on their industry position score and market performance score. Some of the factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Market Segmentation
- By Type, the market is classified into coagulants and flocculants, corrosion and scale inhibitors, biocides and disinfectants, pH adjusters and softeners, and others. The market growth in the coagulants and flocculants segments will be significant during the forecast period.
- By Geography, the market is analyzed across APAC, North America, Europe, South America, and MEA. APAC will have the largest share of the market.
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Water And Wastewater Treatment Chemicals (WWTCs) Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of about 6% |
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Market growth 2021-2025 |
USD 15.65 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
5.55 |
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Regional analysis |
APAC, North America, Europe, South America, and MEA |
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Performing market contribution |
APAC at 47% |
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Key consumer countries |
China, US, India, Japan, and UK |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
Accepta Ltd., Arkema SA, Buckman Laboratories lnternational Inc., Chembond Chemicals Ltd., Cortec Corp., Dow Inc., Ion Exchange (India) Ltd., Kemira Oyj, Kurita Water Industries Ltd., and Solvay SA |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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