Water Treatment Chemicals are in High Demand in Asia-Pacific due to Increasing Population

Developing across the globe are registering swift industrialization. While the surging number of industries are catering to the needs of the rapidly growing population, they are also discharging increasing amount of toxic pollutants in freshwater reserves. This is making freshwater unfit for consumption by humans. Ascribed to this, governments of various countries are focusing widely on enhancing the quality of water by implementing strict regulations. These regulations restrict the discharge of toxic chemicals into water bodies and ensure proper water treatment.

Owing to this, the global water treatment chemicals market is projected to generate a revenue of $85,341.8 million in 2030, rising from $48,938.1 million in 2019, progressing at a 5.2% CAGR during the forecast period (2020–2030). The surging population across the globe is also creating demand for clean and fresh water, and this demand cannot be fulfilled by the available amount of water. This is further generating demand for treated water. Water treatment chemicals are essential products that are used extensively in the water treatment industry.

The different types of water treatment chemicals are oxygen scavengers, coagulants and flocculants, oxidants, anti-foaming agents, PH adjusters & stabilizes, biocides & disinfectants, chelating agents, scale inhibitors, and corrosion inhibitors. Out of these, the demand for coagulants & flocculants is predicted to rise in the years to come, as they are widely used for lime softening, water purification, solids dewatering, solids removal, and sludge thickening.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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In addition to this, these chemicals are also needed for removing contaminants, including oil, heavy metals, and phosphate. With the increasing requirement for treating water, the utilization of coagulants and flocculants is projected to rise considerably in the years to come. the major end users of water treatment chemicals are construction, metal and mining, pulp and paper, municipal water treatment, oil & gas, food & beverages, chemical processing, and power generation.

Out of all these, the municipal water treatment industry is predicted to make the largest use of water treatment chemicals in the coming years. The surging worldwide population is leading to the rise in municipal waste, which is further driving the consumption of water treatment chemicals for municipal water treatment purposes. The key applications of water treatment chemicals are effluent water treatment, boiler, raw water treatment, cooling, and water desalination, out of which, the demand for these chemicals was the highest for the raw water treatment application in the past.

The Asia-Pacific region emerged as the major water treatment chemicals market in the past, and is likely to retain its dominance over the market in the years to come as well, because of the presence of a large industrial base and improving living standards of people in the region. In addition to this, the increasing need for high-quality water is also a major reason for the growth of the regional market. Within the region, Japan and China are the two key companies that are creating the need for water treatment chemicals.

In conclusion, the demand for water treatment chemicals is growing due to the surging population and the rising requirement for clean water across the globe.