Monday, 17 February 2014

Global Water Treatment Chemicals (WTC) Market Expected to Grow from $22,351.3 Million in 2011 to $26,988 Million by 2016

 Chemical compounds used to remove impurities from water are water treatment chemicals. The consumption of water treatment chemicals in various applications such as municipal and industrial water depends on the source of water; which can be sea water, ground water, and municipal drinking water. Water availability, quality of water and usage pattern, presence of pollutants, government policies, and trade-offs among the various chemical compounds influences the demand for water treatment chemicals
Applications of water treatment chemicals are-
  • Power plants
  • Food and beverages
  • Metal and mining
  • Pulp & paper 
  • Oil and gas
  • Chemical processing                   
The kind of the water treatment chemical used and the amount of its consumption varies from location to location and it mainly depends on the water quality such as hardness, TDS (Total Dissolved Solids), pH, and alkalinity. Corrosion and scale inhibitors formed the largest segment of water treatment chemicals globally, in terms of consumption; followed by the coagulants and flocculants in 2010.

(Source-http://greenation.in/specialty_chemicals)

Some of the water treatment chemicals are-
  •  Algaecides
  • Antifoams
  • Biocides
  • Boiler water chemicals
  • Coagulants
  • Corrosion inhibitors
  • Disinfectants
  • Flocculants
  • Neutralizing agents
  • Oxidants
  • Oxygen scavengers
  • pH conditioners
  • Resin cleaners
  • Scale inhibitors

The global water treatment chemicals’ market is expected to grow from $22,351.3 million in 2011 to $26,988 million by 2016 at a CAGR of 3.8% from 2011 to 2016. Asia-Pacific held the largest share; i.e. 35.9% in the global water treatment chemicals’ market in 2011 and is expected to grow at the highest CAGR of 4.3% to reach $9,877.6 million by 2016.
Global Water Treatment Chemicals Market Revenue, By Types, 2010

Water Treatment Chemicals Market

(Source: MarketsandMarkets, Company Sources)
In the global water treatment chemicals’ market, corrosion inhibitors constituted 22.3% of the global market share; followed by scale inhibitors with the total market share of 13.5% in 2010, due to the usage of a lot of metal equipment in cooling and boiler water processes. Coagulants & Flocculants together constituted 31.5% in the total water treatment chemicals market by chemicals type due to their usage in waste water process.

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