News

Water Treatment Additives Market Forecasted to Reach US$35 Billion by 2027

WD News: As per a new market research report released by IndustryARC, the water treatment additives market size is forecasted to reach US$35.0 billion by 2027, after growing at a CAGR of around 4.1% from 2022 to 2027.

The water treatment additives are chemical products added as conditioners that purify the water and improve the quality. The water treatment additives such as corrosion inhibitors, disinfectants, defoamers, coagulants, and others are used in the water purification and treatment applications across various industries.

The growing demand of water treatment additives in major end-use industries such as chemical, food and beverage, water and wastewater treatment, and others is creating a drive in the market. Furthermore, the water scarcity concerns will offer major demand in the water treatment additives market and growth opportunities during the forecast period.

The report on water treatment additives market highlights the following areas:

• The water treatment additives market size will increase owing to its growing application for water and wastewater treatment, drinking water purification, sewage systems treatment, and others during the forecast period.
• The Asia Pacific is the fastest growing region in the water treatment additives industry owing to flourishing emphasis on clean drinking water.
• The demand of coagulants as major water treatment additives is rising due to its application in water treatment and purification in major industries such as oil and gas, chemical, and others.

Source: IndustryARC
Image Courtesy: Pixabay

Leave a Comment

Your email address will not be published.

You may also like

Read More