Market Size of Australia Water Treatment Chemicals Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 467.75 Million |
| Market Size (2029) | USD 546.74 Million |
| CAGR (2024 - 2029) | 3.17 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Australia Water Treatment Chemicals Market Analysis
The Australia Water Treatment Chemicals Market size is estimated at USD 467.75 million in 2024, and is expected to reach USD 546.74 million by 2029, growing at a CAGR of 3.17% during the forecast period (2024-2029).
Due to the outbreak of COVID-19, the chemical sector was negatively affected. Lack of resources, shortage of human resources, and other constraints significantly obstructed the expansion of the industry. The market recovered in 2021 and is expected to grow considerably in the coming years.
- Over the short term, rising ground and surface water pollution, growing demand from power and industrial applications, and government intervention in reliable wastewater management are expected to boost the market's growth.
- However, the hazardous nature of hydrazine and emerging alternatives to water treatment chemicals are expected to hinder the market's growth.
- Nevertheless, the shifting focus toward green chemicals is likely to create lucrative growth opportunities for the studied market.
