The Asia-Pacific Water Treatment Chemicals Market was valued at USD XX.XX in 2015 and is projected to reach USD XX.XX by 2020, at a CAGR of XX.XX% during the forecast period from 2015 to 2020. This market has the largest market share worldwide. Asia-Pacific is also forecasted to emerge as the fastest-growing market, at a CAGR of 8.0% during the given forecast period. China has the largest market share, and is also the fastest-growing regional market for water treatment chemicals in Asia-Pacific; India comes as a close second, in both these areas. By product terms, the corrosion and scale inhibitors segment is the largest segment, as well as the fastest growing one. On the other hand, the municipal water treatment segment is the largest and the fastest-growing application area for water treatment chemicals in this region.
The Asia-Pacific water treatment chemicals market is segmented on the basis of types of water treatment technologies into physical/chemical treatment, biological treatment, mechanical treatment, membrane filteration including reverse osmosis, natural treatment systems including wetlands, solids/residuals management, thermal systems & energy conservation, and effluent recycling and integrated water cycle management. On the basis of product, the market has been segmented into biocides & disinfectants, coagulants & flocculants, corrosion & scale inhibitors, defoamers & defoaming agents, pH adjusters & softeners, and other chemicals. On the basis of application, the market has been segmented into commercial & institutional, electric power generation, energy, manufacturing, mining & mineral processing, municipal, and others. On the basis of geography, the market has been segmented into Australia, China, India, Japan, and the Rest of Asia-Pacific.
Water treatment is defined as the process employed for eliminating contaminants that are present in water, and this is achieved through a number of techniques. Water treatment chemicals consist of one such technique, wherein the contaminated or waste-water is treated with chemicals to make it safe for human consumption and useful in other applications as well, where clean water is a necessity. The higher incidence of water-borne epidemics has urged the need to pump up the safety measures and undergo stringent procedures to avail purified water that would be fit for consumption. This has led to the usage of water treatment chemicals for the purification of drinking water, thereby driving the growth of this market.
Water is used in various industries, especially in emerging economies, where several industries are currently being set up. The required standards for water quality have made it necessary for better purification methods. However, water purification equipment alone are not enough to achieve this standard, hence, the usage of water treatment chemicals becomes indispensable to meet the desired standards of purified water.
In recent times, stringent environmental norms have been set up to remove and treat water pollutants before they are released into the environment. The municipal corporations have been adopting water treatment facilities to clean and recycle water before supplying it for drinking and sanitation purposes.
The improved standards of water quality in industrial applications and the stringent environmental laws on water treatment and waste-water management pose to be the drivers of this market. However, there is a strong requirement for the availability of alternate water treatment technologies in the market. Additionally, there is also a need to find eco-friendly solutions for water treatment that can balance and treat the chemical as well as the naturally-occurring water pollution differently. All these factors restrain the growth of the studied market.
The key players in this market are Accepta, BASF SE, Chemtreat Inc., Organo Corp., PQ Corp., and Wex technologies among others.
Key Deliverables in the Study