Water treatment agents are chemicals added in the water treatment process to remove most of the harmful substances in water (such
as corrosives, metal ions, dirt and microorganisms, etc.) and to obtain civil or industrial water that meets the requirements, which are widely used in the global water treatment industry.
1, the global water treatment agent market size is expanding year by year
According to BCC Research data, the global water treatment agent market size in 2015-2020 shows an overall growth trend, and the global water treatment agent market size reaches about 38.9 billion U.S. dollars in 2020.
2, the global water treatment agent industry application areas: industrial and municipal as the main application areas
In 2020, by application category, the main application areas of the global water treatment agent include industrial / production water treatment, municipal / drinking water treatment, sewage / wastewater treatment and desalination treatment. Among them, industrial production water treatment consumes the most water treatment agent, accounting for 34% of the total global water treatment agent market; followed by municipal and drinking water treatment, accounting for 30%.
3, the global water treatment agent market regional distribution: North America and Asia-Pacific market share tied for first
In 2020, the United States water treatment agent market accounted for about 20% of the global water treatment agent market share, ranking first; China's market ranked second, with a market share of more than 10%. Asia-Pacific region overall water treatment agent market share of about 31% of the world; North America's market share of about 31%, the same as the Asia-Pacific region; South America's market share of about 6%; Europe accounted for about 25%; the Middle East accounted for about 7%.
4, the global water treatment agent market size to further expand
According to BCC Research forecast data, the future global water treatment agent market size is expected to grow at a compound annual growth rate of about 6.2%, and by 2026 the global water treatment agent market size will exceed $ 55 billion.
5、Global water treatment chemicals industry regional structure forecast: Asia Pacific is the main growth region
Due to the early start of the water treatment industry, as well as government regulations on wastewater treatment of higher requirements, the market for water treatment chemicals in North America and Europe has been more mature, the future growth rate of the market size will slow down. The growth of the global water treatment chemicals market size will be mainly attributed to water treatment and water treatment chemicals development of relatively backward developing countries, especially in the Asia-Pacific region. Asia Pacific is expected to reach 34% of the global market share of water treatment agents in 2027, and North America's market share will decline to 28%.
To sum up, water treatment agents are widely used in industrial, municipal and other fields around the world, and the scale of the industry keeps expanding. At present, North America and the Asia-pacific region share the first place in the market. However, due to the industry development has been relatively mature, the market is relatively saturated, with the further development of the global water treatment agent industry, the market growth rate of North America and Europe will slow down, and the Asia-Pacific region will become the main region of the development of the global water treatment agent industry, in 2027, the market share will reach about 34%, more than North America.
