The Asia-Pacific region will become the main region for the development of the global water treatment agent industry
Water treatment agent refers to chemicals added in the process of water treatment in order to remove most of the harmful substances in water (such as corrosive substances, metal ions, dirt and microorganisms, etc.) and obtain qualified civil or industrial water. Global water treatment industry.
The market size is expanding year by year
According to BCC Research data, the global water treatment agent market scale will show an overall growth trend from 2015 to 2020. In 2020, the global water treatment agent market size will reach about 38.9 billion US dollars.
Industry and municipalities are the main application areas
In 2020, by application category, the main application areas of global water treatment agents include industrial/production water treatment, municipal/drinking water treatment, sewage/wastewater treatment and seawater desalination treatment. Among them, industrial production water treatment consumes the most water treatment agents, accounting for 34% of the total global water treatment agent market; followed by municipal and drinking water treatment, accounting for 30%.
Asia Pacific is the main growth region
Due to the early start of the water treatment industry and the higher requirements for wastewater treatment by government regulations, the markets for water treatment chemicals in North America and Europe are relatively mature, and the growth rate of the market size will slow down in the future. The growth of the global water treatment agent market size will be mainly attributed to developing countries where the development of water treatment and water treatment agents is relatively backward, especially the Asia-Pacific region. It is estimated that the market share of water treatment agents in the Asia-Pacific region will account for 34% of the global share in 2027, and the market share in North America will drop 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 continues to expand. Currently, North America and Asia-Pacific share the first market share. However, due to the relatively mature development of the industry and the relative saturation of the market, with the further development of the global water treatment agent industry, the market growth rate in North America and Europe will slow down, while the Asia-Pacific region will become the main region for the development of the global water treatment agent industry. , the market share will reach about 34% in 2027, surpassing North America.
