Market Forecast by Countries (United States, Canada), By Type (Coagulants & Flocculants, Corrosion Inhibitors, Scale Inhibitors, Biocides & Disinfectants, Chelating Agents), By End-Use (Residential, Commercial, Industrial) And Competitive Landscape
Product Code: ETC4622126 | Publication Date: Jul 2023 | Updated Date: Aug 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 300 | |
Report Name | North America Water Treatment Chemicals Market |
Forecast period | 2024-2030 |
CAGR | 5.7% |
Growing Sector | Water Treatment |
The North America Water Treatment Chemicals Market report extensively covers the market by Countries, Type, and End-Use. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help stakeholders to devise and align their market strategies according to the current and future market dynamics.
The North America water treatment chemicals market is expected to witness significant growth during the forecast period.ย The increasing demand for clean and safe water, along with strict government regulations regarding water quality standards, are driving the growth of the market in this region.
According to 6Wresearch, the North America Water Treatment Chemicals Market is projected to grow at a CAGR of 5.7% during the forecast period. One of the key drivers for the growth of the North America water treatment chemicals market is the increasing demand for clean and safe water. With rising population, urbanization, and industrialization, there has been a significant increase in the demand for treated water. This is further fueled by strict government regulations regarding water quality standards to ensure public health and environmental protection. Moreover, the growing awareness about water scarcity and pollution has also led to an increased focus on using efficient water treatment methods. This has further boosted the demand for water treatment chemicals as they play a crucial role in removing impurities and contaminants from water.
Despite the growth prospects, the North America water treatment chemicals market also faces some challenges that may hinder its growth during the forecast period. One of the major challenges is the high initial investment required for setting up water treatment facilities. This can act as a barrier for small and medium-sized companies to enter the market. Moreover, there is a lack of skilled professionals in this sector, which could hamper the adoption of advanced technologies and limit market growth.
Some of the prominent players operating in the North America water treatment chemicals market include BASF SE, Ecolab Inc., Kemira Oyj, Solenis LLC, Suez SA, and The Dow Chemical Company. These companies are focusing on strategies such as partnerships, mergers and acquisitions, and product developments to strengthen their market position. Currently, BASF SE holds the largest share in the market.
The North America water treatment chemicals market is highly regulated, with strict guidelines and standards in place to ensure the safety of public health and the environment. The Environmental Protection Agency (EPA) in the United States sets regulations for drinking water treatment chemicals under the Safe Drinking Water Act. Similarly, Canada has its own set of regulations under Health Canada's Guidelines for Canadian Drinking Water Quality.
The North America water treatment chemicals market is expected to continue witnessing growth during the forecast period. The increasing demand for clean and safe water, coupled with stringent regulations on wastewater management, will drive the market growth. Moreover, technological advancements and innovations in water treatment processes are also expected to boost market growth.In addition, with a growing focus on sustainability and environmental concerns, there is a high potential for new applications and innovations of water treatment chemicals in different industries.
According to Dhaval, Research Manager, 6Wresearch, Coagulants & Flocculants hold the dominant share in the North America Water Treatment Chemicals Market, owing to their widespread use in various end-use industries.
The United States holds a significant share in the North America Water Treatment Chemicals Market, followed by Canada.
The Industrial sector holds the dominant share in the North America Water Treatment Chemicals Market. This can be attributed to the high demand for improved water treatment solutions in industrial processes.
The market study offers an exhaustive analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Water Treatment Chemicals Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Water Treatment Chemicals Market Revenues & Volume, 2020 & 2030F |
3.3 North America Water Treatment Chemicals Market - Industry Life Cycle |
3.4 North America Water Treatment Chemicals Market - Porter's Five Forces |
3.5 North America Water Treatment Chemicals Market Revenues & Volume Share, By Countries, 2020 & 2030F |
3.6 North America Water Treatment Chemicals Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.7 North America Water Treatment Chemicals Market Revenues & Volume Share, By End-Use, 2020 & 2030F |
4 North America Water Treatment Chemicals Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Water Treatment Chemicals Market Trends |
6 North America Water Treatment Chemicals Market, 2020 - 2030 |
6.1 North America Water Treatment Chemicals Market, Revenues & Volume, By Type, 2020 - 2030 |
6.2 North America Water Treatment Chemicals Market, Revenues & Volume, By End-Use, 2020 - 2030 |
7 United States Water Treatment Chemicals Market, 2020 - 2030 |
7.1 United States Water Treatment Chemicals Market, Revenues & Volume, By Type, 2020 - 2030 |
7.2 United States Water Treatment Chemicals Market, Revenues & Volume, By End-Use, 2020 - 2030 |
8 Canada Water Treatment Chemicals Market, 2020 - 2030 |
8.1 Canada Water Treatment Chemicals Market, Revenues & Volume, By Type, 2020 - 2030 |
8.2 Canada Water Treatment Chemicals Market, Revenues & Volume, By End-Use, 2020 - 2030 |
9 North America Water Treatment Chemicals Market Key Performance Indicators |
10 North America Water Treatment Chemicals Market - Opportunity Assessment |
10.1 North America Water Treatment Chemicals Market Opportunity Assessment, By Countries, 2020 & 2030F |
10.2 North America Water Treatment Chemicals Market Opportunity Assessment, By Type, 2020 & 2030F |
10.3 North America Water Treatment Chemicals Market Opportunity Assessment, By End-Use, 2020 & 2030F |
11 North America Water Treatment Chemicals Market - Competitive Landscape |
11.1 North America Water Treatment Chemicals Market Revenue Share, By Companies, 2023 |
11.2 North America Water Treatment Chemicals Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |