Lucintel identifies and prioritizes opportunities for growth in the water treatment chemicals market by applications, by product type, and region

According to a new market report published by Lucintel, the future of the water treatment chemicals market looks good with opportunities in the oil & gas, power generation, metal & mining, and food & beverages segments. The global water treatment chemicals market is forecast to grow at a CAGR of 3.4% from 2016 to 2021. The major drivers of growth for this market are improving water quality standard and increasing demand for clean water.

In this market, coagulants & flocculants, foam control, and scale inhibitors are the major product types. On the basis of its comprehensive research, Lucintel predicts that the demand for coagulants & flocculants water treatment chemicals is likely to experience the highest growth in the forecast period supported by stringent regulations in water quality and growing demand for clean water.

Within the water treatment chemicals market, the municipal segment is expected to remain as the largest market by value and volume. Depleting fresh water reserves and clean water demand in municipal applications which would spur growth for this segment over the forecast period.

Asia Pacific is expected to remain the largest market due to rapid economic growth, growing population along with urbanization, and industrialization.

Asia Pacific and the rest of the world are expected to witness good growth over the forecast period because of growing demand for water treatment chemicals in oil and gas, power generation, and other end user sectors and growing awareness among manufacturers and consumers regarding the toxic effects of discharged and untreated wastewater in environment.

For business expansion, the report suggests innovation and new product development to enhanced performance with low loading level of water treatment chemicals and low environmental impact. The report further suggests the development of partnerships with customers to create win-win situations and development of low-cost solutions for the end user.

Emerging trends, which have a direct impact on the dynamics of the industry, include the municipal and industrial consumer’s initiative towards the zero water discharge and long-term sustainable water treatment chemicals. Nalco-Ecolab, Danaher (Chemtreat), Kemira, BASF SE, and Kurita Water Industries Ltd. are among the major suppliers of the water treatment chemicals. Some companies are opting for M&A as a strategic initiative for driving growth.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities for the global water treatment chemicals market by end-use industry, product type, and region has come up with a comprehensive research report, “Growth Opportunities for the Global Water Treatment Chemicals Market 2016-2021: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a spring board for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global water treatment chemicals market by end-use industry, product type, and region as follows:

By end-use industry [Volume (M lbs / Kilotons) and $M shipment analysis for 2010 – 2021]:

• Municipal
• Power Generation
• Pulp and Paper
• Oil and Gas
• Metal and Mining
• Food and Beverages
• Chemical Processing
• Others

By product type [Volume (M lbs. / Kilotons) and $M shipment analysis for 2010 – 2021]:

• Coagulants and Flocculants
• Corrosion Inhibitors
• Scale Inhibitors
• Biocides
• pH Stabilizers
• Foam Control
• Others

By region [Volume (M lbs. / Kilotons) and $M shipment analysis for 2010 – 2021]:

• North America
• Europe
• Asia Pacific
• Rest of World

This 215-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or helpdesk@lucintel.com. Lucintel offerings include Chemical Market Research Reports, Chemical Industry Analysis Report, Strategic Growth Consulting, Commercial Due Diligence Report and Business Strategy Consulting.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

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