Market Size of North America Water Treatment Chemicals Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 4.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Water Treatment Chemicals Market Analysis
The market for water treatment chemicals in North America is expected to grow at a CAGR of above 4% during the forecast period. The major factors driving the growth of the market studied include the stringent regulatory requirements to control the wastewater disposal from both municipal and industrial sources and growing demand from the power industry in the United States. On the other hand, increasing popularity for chlorine alternatives for cooling water treatment serves as one of the restraining factors market studied.
- The municipal segment dominated the market in 2018 and is likely to grow during the forecast period, owing to strict regulation leading to increased usage for proper wastewater disposal.
- Growing Shift towards green chemicals is to likely to provide growth opportunities for the market studied during the forecast period.
- In North America, the United States is expected to dominate the demand for water treatment chemicals, owing to stringent regulations related to wastewater disposal.
