With the rise in regulatory stringency in water & wastewater treatment and disposal at a global level, chemical-based water treatment infrastructure investments are rising, fuelling demand for water treatment chemicals. The study covers the consumption of these chemicals in municipal and industrial end-use sectors. Water-intensive industries, such as energy, food & beverage, chemicals & petrochemicals, metals & mining, pulp & paper, textiles, and tanneries, drive the demand for these chemicals in the industrial sector. The municipal and industrial end-use sectors are also growing steadily, driven by a rising global population and a simultaneous growth of the key end-use industries, which will significantly fuel market growth over the next 7 years.
Benefits, such as water conservation and reuse, a significant reduction in harmful water pollutants discharged into water bodies, and nutrient recovery from wastewater for agricultural use, encourage governments and industry stakeholders to invest in chemical-based water treatment infrastructure. This trend is translating into market growth.
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