Water Treatment Chemicals Market Size

Statistics for the 2023 & 2024 Water Treatment Chemicals market size, created by Mordor Intelligence™ Industry Reports. Water Treatment Chemicals size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Water Treatment Chemicals Industry

Water Treatment Chemicals Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 6.03 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Low

Major Players

Water Treatment Chemicals Market Major Players

*Disclaimer: Major Players sorted in no particular order


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Water Treatment Chemicals Market Analysis

The water treatment chemicals market is estimated at USD 35.83 billion currently. It is expected to reach USD 48.02 billion over the forecast period, registering a CAGR of over 6.03% during the forecast period.

The COVID-19 pandemic negatively impacted the water treatment chemical market. However, the market recovered significantly in 2021 due to rising consumption from various end-user industries such as chemical manufacturing, mining, and municipal.

Over the short term, rising water pollution and stringent regulations around wastewater treatment are major factors driving the market's growth.

  • Conversely, non-compliance with regulations in emerging markets is expected to hinder market growth.
  • Furthermore, growing product and technology innovation is expected to be a market opportunity in the coming years.
  • Asia-Pacific represents the largest market and is expected to be the fastest-growing market over the forecast period, owing to the increasing consumption from countries such as China, India, and Japan.

Water Treatment Chemicals Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)