Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 41.91 Billion | USD 75.91 Billion | 7.71% | 2022 |
Global Water treatment polymers market size was worth USD 41.91 Billion in 2022 and is expected to generate around USD 75.91 B billion by 2030, at a CAGR of around 7.71% between 2023 and 2030. Over the last few decades, there has been a rising demand and consumption of drinks across the globe, both alcoholic and non-alcoholic.
Water treatment polymers are hydrocolloids widely used in many end-users sectors, including industrial, municipal, commercial, institutional, and residential, in the wastewater treatment process. These polymers help in separating solid waste from water in the treatment plant. There is a wide range of water-soluble polymers in the market. These polymers can effectively dissolve in water. These are obtained from semi-synthetic, synthetic, and natural sources. Also, these polymers act as flocculants and coagulants in the water treatment process. However, these polymers are classified into different types like non-ionic, anionic, and cationic based on their characteristic of water treated.
There is a high demand for water treatment polymers, particularly in thermoelectric power plants, semiconductors, pharmaceuticals, food & beverage, mining & metal, oil & gas, petrochemical, and some other industries for various purposes like cooling heating systems, manufacturing operations, consumption, and many more. Global water treatment polymer market is likely to register a significant growth rate over the forecasted period as all these end-user segments are proliferating rapidly.
For instance, the government initiatives in Europe are likely to create a conducive environment for the growth of the market in the region. However, the growing industrialization all across the globe is posing a huge demand for water treatment polymers. This water treatment polymer is widely used in industrial sector for steam generation in power plants and heat exchanger fluids. The constantly growing population all across the globe is widening the scope of the global water treatment polymers market. The growing government rules and regulations owing to the surging demand for continuous fresh and treated water supply by the growing population will also complement the growth. Such increasing demands are enticing many new and established leaders to capitalize on this opportunity.
However, there is a high concentration on improving the global footprint. Such an emerging landscape is highly compelling the industry leaders to concentrate on acquisition and mergers to achieve their mission. For instance, Solenis and BASF have merged their water treatment business to gain a competitive edge in the market. The government regulations on treating wastewater due to its negative impact on the environment and reinjection policies in different sectors are likely to accentuate the growth of the global water treatment polymers market over the forecast period.
For instance, agencies like the environmental protection agency, India Waterworks, and Association European Water Association are proactively engaged in agro policies and regulations associated with wastewater treatment for the reuse of disposal work.
Report Attributes | Report Details |
---|---|
Report Name | Water Treatment Polymers Market |
Market Size in 2022 | USD 41.91 Billion |
Market Forecast in 2030 | USD 75.91 Billion |
Growth Rate | CAGR of 7.71% |
Number of Pages | 209 |
Key Companies Covered | Shandong XinTai Water Treatment Technology co. ltd., Dow Chemical Company, Pentair, Accepta Water treatment Products, SNF Group, CHEM.ENGI s.r.o, Chemco Products Inc., Aries Chemical, Inc., Chemigate Ltd., Kemira Oyj, and Ecolab Inc. |
Segments Covered | By Component, By Technology, By Application, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2023 - 2030 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The global water treatment polymers market can be segmented into end-user, application, product type, and region.
By end-user, the market can be segmented into the industrial, municipality, commercial buildings, and residential buildings. The industrial segment holds the largest share in the global water treatment polymers market due to the surging industrialization and growing needs of power plants to amplify their production capability, which in turn is likely to augment the demand for water treatment for cooling towers, steam generation, and several others. However, the segment is likely to dominate the global water treatment polymers market in the upcoming years due to the growing applications of treated water in the power generation sector.
By application, the market can be segmented into sludge, water, and preliminary treatment.
By product type, the market can be segmented into polyamines, quaternary ammonium polymers, polyacrylates, and polyacrylamides. The polyacrylamides segment accounts for the largest share in the global water treatment polymers market due to its growing demand as flocculant is constantly growing from several end-users in several sectors like semiconductors, oil & gas, and mining & metals.
By Origin
By Process
By Function
By End-Use Industry
North America accounts for the largest share in the global water treatment polymers market, owing to the growing initiatives from the regional government to mandate wastewater treatment before disposing it from the facility. Also, the rapid growth of the various end-user sectors in several regions is likely to accelerate the growth of the regional market.
Asia Pacific is expected to witness a significant growth rate in forthcoming years owing to the fast-growing population in the region. The market in India is highly dependent on demand from industrial and municipal segments, which in turn will contribute heavily towards the growth of the regional market. The polyacrylamides segment, due to their versatile nature, is highly adopted in such services in the region. Also, the diminishing freshwater resources in India are causing huge demand for water treatment polymers.
Some of the significant players in the global water treatment polymers market are Shandong XinTai Water Treatment Technology co. ltd., Dow Chemical Company, Pentair, Accepta Water treatment Products, SNF Group, CHEM.ENGI s.r.o, Chemco Products Inc., Aries Chemical, Inc., Chemigate Ltd., Kemira Oyj, and Ecolab Inc.
Global Water Treatment Polymers Market: Regional Segment Analysis
What Reports Provides
FrequentlyAsked Questions
There is a high demand for water treatment polymers, particularly in thermoelectric power plants, semiconductors, pharmaceuticals, food & beverage, mining & metal, oil & gas, petrochemical, and some other industries for various purposes like cooling heating systems, manufacturing operations, consumption, and many more. Water treatment polymer consumption is likely to register a significant growth rate over the forecasted period as all these end-user segments are proliferating rapidly.
Some of the significant players in the global water treatment polymers market are Shandong XinTai Water Treatment Technology co. ltd., Dow Chemical Company, Pentair, Accepta Water treatment Products, SNF Group, CHEM.ENGI s.r.o, Chemco Products Inc., Aries Chemical, Inc., Chemigate Ltd., Kemira Oyj, and Ecolab Inc.
North America accounts for the largest share in the global water treatment polymers market owing to the growing initiatives from the regional government to mandate wastewater treatment before disposing it from the facility. Also, the rapid growth of the various end-user sectors in several regions is likely to accelerate the growth of the regional market.
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