Water Treatment Chemicals Market is expected to garner $31.7 billion by 2022, registering a CAGR of 4.5% during the forecast period 2016 – 2022. Water constitutes an essential part of our day-to-day life and pure water is crucial for the well-being of our community. Water is a universal solvent, but solids, such as clay, fine sand, dust and rust are not soluble in water.

Increasing consumption of water across the globe coupled with stringent government regulations on the TSS level of the water drives the global water treatment chemicals market. In addition, increasing industrial activities and growth in world population drives the market for the water treatment chemicals across the globe. However, factors such as increasing water treatment chemicals prices and presence of alternate treatment technologies is expected to hamper the market growth.

Get Free Sample Report : https://goo.gl/jcDMJ5

Based on type of water treatment chemicals, the market is segmented into coagulants, pH adjusters & softeners, flocculants, biocides & disinfectants, scale inhibitors & dispersants, corrosion inhibitors and others. With the technological development in the water treatment industry, usage of treatment equipment has increased, thereby increases the consumption of the corrosion inhibitors across the globe as they protect the equipment from corrosion during treatment process. Hence, in 2015, corrosion inhibitors occupied highest share of 22.8% in global water treatment chemicals market.

Based on applications, the market is segmented into industrial, municipal and others. Industrial water treatment application is further sub-segmented into power generation, refineries, pulp & paper, metal & mining, food & beverages, oil & gas, sugar, and others. In 2015, power generation segment occupied highest share of 29.3% in industrial water treatment chemicals market, as huge amounts of treated water are required to produce electricity. In addition, increasing per capita consumption of power has increased the demand for the electricity across the globe, which in-turn increases the demand for the water treatment chemicals in the power industry. Municipal water is the key segment for water treatment chemicals as they are mandate in this industry to protect humans from health hazards.

Geographically, the market has been segmented into North America, Europe, Asia Pacific and LAMEA. In 2015, Asia Pacific occupied 32.8% of the total water treatment chemicals, with China and India as the major countries contributing the growth. Rapid increase in the population coupled with scarcity in the pure & clean drinking water are the significant factors responsible for the growth of the water treatment chemicals market in the Asia-Pacific region.

Do Purchase Report : https://goo.gl/83Wocw