The water treatment chemical market is predicted to attain a market valuation of USE 38.6 billion in 2024, growing at a sluggish compound annual growth rate (CAGR) of 4.2% from 2024 to 2034.
Over the forecast period of ten years, the market is expected to gather a market value of USd 58 billion. This indicates a significant growth opportunity for the water treatment chemical industry, which plays a crucial role in treating and purifying water for various industrial and domestic applications.
Attributes | Details |
---|---|
Estimated Water Treatment Chemical Market Size for 2024 | USD 38.6 billion |
Forecasted Water Treatment Chemical Market Value for 2034 | USD 58 billion |
Projected Value-based Market CAGR from 2024 to 2034 | 4.2% |
The demand for clean water and growing awareness of water pollution are driving the continuous rise of the market for chemicals used in water treatment.
The market is further expanded by industrialization and technological developments in water treatment systems. Additionally, rigorous environmental laws and increased demand for clean water in emerging nations are expected to drive the growth of the water treatment chemical market in the following decade.
This section provides a detailed analysis of the industry over the last five years, with a focus on the expected trends in the market for chemicals used in water treatment. The market's historical CAGR has been a moderate 5.9%, and it is progressively becoming more restrictive. The market is predicted to develop steadily at a 4.2% CAGR until 2034.
Historical CAGR (2019 to 2023) | 5.9% |
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Forecast CAGR (2024 to 2034) | 4.2% |
Research and development expenses for novel solutions are a key impediment to the progress of the water treatment chemicals sector. Other crucial factors that are anticipated to disturb the development of the water treatment chemicals market through 2034 include:
During the predicted duration, market players will need to be astute and adaptive, as these challenging characteristics set the sector up for future achievement.
Adoption of Eco-friendly and Sustainable Water Treatment Chemicals Develops Global Demand
The growing popularity of sustainable and environmentally friendly water treatment chemicals drives a substantial expansion of the market.
These substances ensure the safety and well-being of humans and animals who come into contact with the water while treating wastewater and water ecologically appropriately. In the long term, using such chemicals lowers operating costs and lessens the environmental impact of water treatment procedures.
Growing concerns about environmental deterioration and the effects of conventional chemical treatments on ecosystems drive the need for more environmentally friendly options.
Many businesses are increasingly investing in sustainable and eco-friendly water treatment technologies to meet their water treatment demands. Such practices aid in the development of the water treatment chemical market.
The market is driven in several ways by the growing emphasis on water reuse and recycling activities. Water scarcity has now become a critical global issue.
Therefore, businesses and municipalities are increasingly turning to water reuse and recycling to make the most of available water resources. This development calls for sophisticated water treatment procedures to guarantee that recycled water meets high requirements for various uses.
The demand for water treatment chemicals designed to address these difficulties increases because recycled water frequently contains pollutants or impurities that require precise specifications. Water companies need cutting-edge treatment solutions in response to regulatory authorities' tougher water quality and discharge criteria.
The water treatment chemical industry is developing and innovating due to the move toward water reuse and recycling activities. This sector aims to fulfill the changing demands of sustainable water management.
The increasing demand for advanced oxidation processes (AOPs) and membrane technologies is transforming the water treatment chemical industry. AOPs, such as ozone or UV-based treatments, are very effective methods for eliminating impurities and pollutants from water.
Their effectiveness has led to widespread acceptance across businesses and municipalities. Membrane technologies, such as reverse osmosis and Nano-filtration, are gaining popularity. They are sought after for their ability to provide high levels of water purity and remove pollutants efficiently.
With an increasing focus on sustainability and environmental protection, these cutting-edge technologies improve the effectiveness of water treatment. The market for chemicals for water treatment that are specifically designed to work in tandem with membrane processes and AOPs is expanding quickly.
The industry's proactive reaction to changing regulations and growing concerns about water quality is evident. There's a noticeable spike in demand as the need for creative ways to deal with new pollutants becomes increasingly pressing.
The chemical market environment for water treatment is also changing. This is due to the increasing significance of AOPs and membrane technologies, spurring innovation and growth in the forthcoming decade.
This section offers an in-depth segmental analysis of the water treatment chemical market. The two main research segments are corrosion inhibitors and residential categories. This section attempts to provide a fuller understanding of these segments and their relevance in the larger water treatment chemical industry context through comprehensive examination.
Attributes | Details |
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Top Type | Corrosion Inhibitors |
Forecasted CAGR from 2024 to 2034 | 4.0% |
The corrosion inhibitors were the most widespread type in the water treatment chemical industry from 2024 to 2034, with a lagging CAGR of 4.0%. This is a decrease from the prior CAGR of the water treatment additives type, which was 5.7% from 2019 to 2023. The following drivers describe the development of the corrosion inhibitors component segment:
Attributes | Details |
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Top End-Use Industry | Residential |
Forecasted CAGR from 2024 to 2034 | 3.8% |
The residential users segment is expected to dominate the water treatment chemical market, exhibiting a sluggish CAGR of 3.8% between 2024 and 2034. However, it is important to note that the CAGR for the residential end-use industry was previously a moderate 5.5%. The development of the residential sector for water treatment chemicals can be attributed to several factors:
The current section looks at the water treatment chemical markets of the United States, China, Japan, South Korea, and the United Kingdom, which are some of the most important countries in the global arena. It examines the factors impacting these countries' requirements for, acceptance of, and interactions with chemicals used in water treatment through a comprehensive examination.
Country | Forecasted CAGR from 2024 to 2034 |
---|---|
United States | 4.5% |
United Kingdom | 5.2% |
China | 4.9% |
Japan | 5.6% |
South Korea | 6.1% |
The water treatment chemical market in the United States is expected to grow steadily, registering a CAGR of 4.5% until 2034.
This growth rate is lower compared to the CAGR of 6.7% observed between 2019 and 2023. Despite the moderate growth, the industry is projected to reach a valuation of USD 10.3 billion by 2034. The following factors are driving the demand for water treatment solutions, which is likely to play a crucial role in the growth of the industry:
The water treatment chemical market in the United Kingdom is expected to witness substantial growth in the coming years, with an estimated CAGR of 5.2% until 2034. The industry has already shown significant potential, with a CAGR of 8.8% between 2019 and 2023.
The market is projected to be valued at USD 2.3 billion, indicating a vast potential for growth and investment in this sector. Here are a few of the major trends:
China's water treatment chemical market is witnessing a significant surge in demand at a predicted CAGR of 4.9%. Experts anticipate the sector to reach a valuation of USD 9.2 billion by the year 2034. The China wastewater treatment chemicals industry is expected to experience a promising CAGR of 8.1% between 2019 and 2023. Among the main trends are:
The demand for water treatment chemicals in Japan is soaring dramatically, and the industry is anticipated to grow at a CAGR of 5.6% through 2034, meaning that by that year, it is likely to be valued at around USD 6.4 billion. Notably, the Japan water treatment chemical market's prior compound annual growth rate was around 9.5%. Among the main motivators are:
The water treatment chemical market in South Korea is predicted to rise significantly, with a potential CAGR of 6.1% by 2034, and this growth is anticipated to translate into a valuation of USD 3.7 billion. It should be recognized that from 2019 to 2023, the country had an impressive CAGR of 11.7% in the past. Here are a few of the major trends:
The water treatment chemical industry is witnessing a transformational shift as establishments leverage strategic initiatives and innovations to shape the future outlook. Research and development centers within water cleansing companies are pioneering materials, manufacturing processes, and advancements in water treatment chemistry.
Collaborative partnerships between industry players, academia, and government entities foster a dynamic ecosystem, accelerating technological breakthroughs.
BASF SE, Ecolab Inc., and Solenis LLC shape the water treatment chemicals and technology industry with distinct expertise. BASF SE actively advances water purification technologies, enhancing efficiency and scalability. Ecolab Inc. leads large-scale water disinfection projects, specializing in developing green hydrogen initiatives.
Solenis LLC's specialization in pH adjusters and stabilizers technology closely aligns with water treatment additives, impacting advancements in hydropower production. Their collective impact drives innovation, efficiency, and scalability in water treatment chemical solutions, crucial in the industry's evolution towards widespread adoption and the transition to green hydropower production.
Producers of water treatment chemicals help define the global demand for these products by encouraging technological advancements, market expansion, and innovation in the ensuing decade.
Recent Developments in the Water Treatment Chemical Industry
Table 1: Global Market Value (US$ Million) Forecast by Region, 2019 to 2034
Table 2: Global Market Volume (Tons) Forecast by Region, 2019 to 2034
Table 3: Global Market Value (US$ Million) Forecast by Type, 2019 to 2034
Table 4: Global Market Volume (Tons) Forecast by Type, 2019 to 2034
Table 5: Global Market Value (US$ Million) Forecast by End-Use Industry, 2019 to 2034
Table 6: Global Market Volume (Tons) Forecast by End-Use Industry, 2019 to 2034
Table 7: North America Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 8: North America Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 9: North America Market Value (US$ Million) Forecast by Type, 2019 to 2034
Table 10: North America Market Volume (Tons) Forecast by Type, 2019 to 2034
Table 11: North America Market Value (US$ Million) Forecast by End-Use Industry, 2019 to 2034
Table 12: North America Market Volume (Tons) Forecast by End-Use Industry, 2019 to 2034
Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 14: Latin America Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 15: Latin America Market Value (US$ Million) Forecast by Type, 2019 to 2034
Table 16: Latin America Market Volume (Tons) Forecast by Type, 2019 to 2034
Table 17: Latin America Market Value (US$ Million) Forecast by End-Use Industry, 2019 to 2034
Table 18: Latin America Market Volume (Tons) Forecast by End-Use Industry, 2019 to 2034
Table 19: Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 20: Europe Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 21: Europe Market Value (US$ Million) Forecast by Type, 2019 to 2034
Table 22: Europe Market Volume (Tons) Forecast by Type, 2019 to 2034
Table 23: Europe Market Value (US$ Million) Forecast by End-Use Industry, 2019 to 2034
Table 24: Europe Market Volume (Tons) Forecast by End-Use Industry, 2019 to 2034
Table 25: East Asia Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 26: East Asia Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 27: East Asia Market Value (US$ Million) Forecast by Type, 2019 to 2034
Table 28: East Asia Market Volume (Tons) Forecast by Type, 2019 to 2034
Table 29: East Asia Market Value (US$ Million) Forecast by End-Use Industry, 2019 to 2034
Table 30: East Asia Market Volume (Tons) Forecast by End-Use Industry, 2019 to 2034
Table 31: South Asia Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 32: South Asia Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 33: South Asia Market Value (US$ Million) Forecast by Type, 2019 to 2034
Table 34: South Asia Market Volume (Tons) Forecast by Type, 2019 to 2034
Table 35: South Asia Market Value (US$ Million) Forecast by End-Use Industry, 2019 to 2034
Table 36: South Asia Market Volume (Tons) Forecast by End-Use Industry, 2019 to 2034
Table 37: Oceania Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 38: Oceania Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 39: Oceania Market Value (US$ Million) Forecast by Type, 2019 to 2034
Table 40: Oceania Market Volume (Tons) Forecast by Type, 2019 to 2034
Table 41: Oceania Market Value (US$ Million) Forecast by End-Use Industry, 2019 to 2034
Table 42: Oceania Market Volume (Tons) Forecast by End-Use Industry, 2019 to 2034
Table 43: MEA Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 44: MEA Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 45: MEA Market Value (US$ Million) Forecast by Type, 2019 to 2034
Table 46: MEA Market Volume (Tons) Forecast by Type, 2019 to 2034
Table 47: MEA Market Value (US$ Million) Forecast by End-Use Industry, 2019 to 2034
Table 48: MEA Market Volume (Tons) Forecast by End-Use Industry, 2019 to 2034
Figure 1: Global Market Value (US$ Million) by Type, 2024 to 2034
Figure 2: Global Market Value (US$ Million) by End-Use Industry, 2024 to 2034
Figure 3: Global Market Value (US$ Million) by Region, 2024 to 2034
Figure 4: Global Market Value (US$ Million) Analysis by Region, 2019 to 2034
Figure 5: Global Market Volume (Tons) Analysis by Region, 2019 to 2034
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034
Figure 8: Global Market Value (US$ Million) Analysis by Type, 2019 to 2034
Figure 9: Global Market Volume (Tons) Analysis by Type, 2019 to 2034
Figure 10: Global Market Value Share (%) and BPS Analysis by Type, 2024 to 2034
Figure 11: Global Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034
Figure 12: Global Market Value (US$ Million) Analysis by End-Use Industry, 2019 to 2034
Figure 13: Global Market Volume (Tons) Analysis by End-Use Industry, 2019 to 2034
Figure 14: Global Market Value Share (%) and BPS Analysis by End-Use Industry, 2024 to 2034
Figure 15: Global Market Y-o-Y Growth (%) Projections by End-Use Industry, 2024 to 2034
Figure 16: Global Market Attractiveness by Type, 2024 to 2034
Figure 17: Global Market Attractiveness by End-Use Industry, 2024 to 2034
Figure 18: Global Market Attractiveness by Region, 2024 to 2034
Figure 19: North America Market Value (US$ Million) by Type, 2024 to 2034
Figure 20: North America Market Value (US$ Million) by End-Use Industry, 2024 to 2034
Figure 21: North America Market Value (US$ Million) by Country, 2024 to 2034
Figure 22: North America Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 23: North America Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 26: North America Market Value (US$ Million) Analysis by Type, 2019 to 2034
Figure 27: North America Market Volume (Tons) Analysis by Type, 2019 to 2034
Figure 28: North America Market Value Share (%) and BPS Analysis by Type, 2024 to 2034
Figure 29: North America Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034
Figure 30: North America Market Value (US$ Million) Analysis by End-Use Industry, 2019 to 2034
Figure 31: North America Market Volume (Tons) Analysis by End-Use Industry, 2019 to 2034
Figure 32: North America Market Value Share (%) and BPS Analysis by End-Use Industry, 2024 to 2034
Figure 33: North America Market Y-o-Y Growth (%) Projections by End-Use Industry, 2024 to 2034
Figure 34: North America Market Attractiveness by Type, 2024 to 2034
Figure 35: North America Market Attractiveness by End-Use Industry, 2024 to 2034
Figure 36: North America Market Attractiveness by Country, 2024 to 2034
Figure 37: Latin America Market Value (US$ Million) by Type, 2024 to 2034
Figure 38: Latin America Market Value (US$ Million) by End-Use Industry, 2024 to 2034
Figure 39: Latin America Market Value (US$ Million) by Country, 2024 to 2034
Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 41: Latin America Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 44: Latin America Market Value (US$ Million) Analysis by Type, 2019 to 2034
Figure 45: Latin America Market Volume (Tons) Analysis by Type, 2019 to 2034
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Type, 2024 to 2034
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034
Figure 48: Latin America Market Value (US$ Million) Analysis by End-Use Industry, 2019 to 2034
Figure 49: Latin America Market Volume (Tons) Analysis by End-Use Industry, 2019 to 2034
Figure 50: Latin America Market Value Share (%) and BPS Analysis by End-Use Industry, 2024 to 2034
Figure 51: Latin America Market Y-o-Y Growth (%) Projections by End-Use Industry, 2024 to 2034
Figure 52: Latin America Market Attractiveness by Type, 2024 to 2034
Figure 53: Latin America Market Attractiveness by End-Use Industry, 2024 to 2034
Figure 54: Latin America Market Attractiveness by Country, 2024 to 2034
Figure 55: Europe Market Value (US$ Million) by Type, 2024 to 2034
Figure 56: Europe Market Value (US$ Million) by End-Use Industry, 2024 to 2034
Figure 57: Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 58: Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 59: Europe Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 60: Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 61: Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 62: Europe Market Value (US$ Million) Analysis by Type, 2019 to 2034
Figure 63: Europe Market Volume (Tons) Analysis by Type, 2019 to 2034
Figure 64: Europe Market Value Share (%) and BPS Analysis by Type, 2024 to 2034
Figure 65: Europe Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034
Figure 66: Europe Market Value (US$ Million) Analysis by End-Use Industry, 2019 to 2034
Figure 67: Europe Market Volume (Tons) Analysis by End-Use Industry, 2019 to 2034
Figure 68: Europe Market Value Share (%) and BPS Analysis by End-Use Industry, 2024 to 2034
Figure 69: Europe Market Y-o-Y Growth (%) Projections by End-Use Industry, 2024 to 2034
Figure 70: Europe Market Attractiveness by Type, 2024 to 2034
Figure 71: Europe Market Attractiveness by End-Use Industry, 2024 to 2034
Figure 72: Europe Market Attractiveness by Country, 2024 to 2034
Figure 73: East Asia Market Value (US$ Million) by Type, 2024 to 2034
Figure 74: East Asia Market Value (US$ Million) by End-Use Industry, 2024 to 2034
Figure 75: East Asia Market Value (US$ Million) by Country, 2024 to 2034
Figure 76: East Asia Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 77: East Asia Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 78: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 79: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 80: East Asia Market Value (US$ Million) Analysis by Type, 2019 to 2034
Figure 81: East Asia Market Volume (Tons) Analysis by Type, 2019 to 2034
Figure 82: East Asia Market Value Share (%) and BPS Analysis by Type, 2024 to 2034
Figure 83: East Asia Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034
Figure 84: East Asia Market Value (US$ Million) Analysis by End-Use Industry, 2019 to 2034
Figure 85: East Asia Market Volume (Tons) Analysis by End-Use Industry, 2019 to 2034
Figure 86: East Asia Market Value Share (%) and BPS Analysis by End-Use Industry, 2024 to 2034
Figure 87: East Asia Market Y-o-Y Growth (%) Projections by End-Use Industry, 2024 to 2034
Figure 88: East Asia Market Attractiveness by Type, 2024 to 2034
Figure 89: East Asia Market Attractiveness by End-Use Industry, 2024 to 2034
Figure 90: East Asia Market Attractiveness by Country, 2024 to 2034
Figure 91: South Asia Market Value (US$ Million) by Type, 2024 to 2034
Figure 92: South Asia Market Value (US$ Million) by End-Use Industry, 2024 to 2034
Figure 93: South Asia Market Value (US$ Million) by Country, 2024 to 2034
Figure 94: South Asia Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 95: South Asia Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 96: South Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 97: South Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 98: South Asia Market Value (US$ Million) Analysis by Type, 2019 to 2034
Figure 99: South Asia Market Volume (Tons) Analysis by Type, 2019 to 2034
Figure 100: South Asia Market Value Share (%) and BPS Analysis by Type, 2024 to 2034
Figure 101: South Asia Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034
Figure 102: South Asia Market Value (US$ Million) Analysis by End-Use Industry, 2019 to 2034
Figure 103: South Asia Market Volume (Tons) Analysis by End-Use Industry, 2019 to 2034
Figure 104: South Asia Market Value Share (%) and BPS Analysis by End-Use Industry, 2024 to 2034
Figure 105: South Asia Market Y-o-Y Growth (%) Projections by End-Use Industry, 2024 to 2034
Figure 106: South Asia Market Attractiveness by Type, 2024 to 2034
Figure 107: South Asia Market Attractiveness by End-Use Industry, 2024 to 2034
Figure 108: South Asia Market Attractiveness by Country, 2024 to 2034
Figure 109: Oceania Market Value (US$ Million) by Type, 2024 to 2034
Figure 110: Oceania Market Value (US$ Million) by End-Use Industry, 2024 to 2034
Figure 111: Oceania Market Value (US$ Million) by Country, 2024 to 2034
Figure 112: Oceania Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 113: Oceania Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 114: Oceania Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 115: Oceania Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 116: Oceania Market Value (US$ Million) Analysis by Type, 2019 to 2034
Figure 117: Oceania Market Volume (Tons) Analysis by Type, 2019 to 2034
Figure 118: Oceania Market Value Share (%) and BPS Analysis by Type, 2024 to 2034
Figure 119: Oceania Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034
Figure 120: Oceania Market Value (US$ Million) Analysis by End-Use Industry, 2019 to 2034
Figure 121: Oceania Market Volume (Tons) Analysis by End-Use Industry, 2019 to 2034
Figure 122: Oceania Market Value Share (%) and BPS Analysis by End-Use Industry, 2024 to 2034
Figure 123: Oceania Market Y-o-Y Growth (%) Projections by End-Use Industry, 2024 to 2034
Figure 124: Oceania Market Attractiveness by Type, 2024 to 2034
Figure 125: Oceania Market Attractiveness by End-Use Industry, 2024 to 2034
Figure 126: Oceania Market Attractiveness by Country, 2024 to 2034
Figure 127: MEA Market Value (US$ Million) by Type, 2024 to 2034
Figure 128: MEA Market Value (US$ Million) by End-Use Industry, 2024 to 2034
Figure 129: MEA Market Value (US$ Million) by Country, 2024 to 2034
Figure 130: MEA Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 131: MEA Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 132: MEA Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 133: MEA Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 134: MEA Market Value (US$ Million) Analysis by Type, 2019 to 2034
Figure 135: MEA Market Volume (Tons) Analysis by Type, 2019 to 2034
Figure 136: MEA Market Value Share (%) and BPS Analysis by Type, 2024 to 2034
Figure 137: MEA Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034
Figure 138: MEA Market Value (US$ Million) Analysis by End-Use Industry, 2019 to 2034
Figure 139: MEA Market Volume (Tons) Analysis by End-Use Industry, 2019 to 2034
Figure 140: MEA Market Value Share (%) and BPS Analysis by End-Use Industry, 2024 to 2034
Figure 141: MEA Market Y-o-Y Growth (%) Projections by End-Use Industry, 2024 to 2034
Figure 142: MEA Market Attractiveness by Type, 2024 to 2034
Figure 143: MEA Market Attractiveness by End-Use Industry, 2024 to 2034
Figure 144: MEA Market Attractiveness by Country, 2024 to 2034
The market is expected to be valued at USD 38.6 billion in 2024.
Corrosion inhibitors type leads the market.
The market is controlled by the United States, China, Japan, South Korea, and the United Kingdom.
The market is anticipated to surpass USD 58 billion by 2034.
The water treatment chemical industry is anticipated to develop at a CAGR of 4.2% from 2024 to 2034.
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