To remove poisonous impurities or toxins from water by either using mechanical or chemical process is known as water treatment. By this process, the harmful water is made suitable for many activities. In the chemical process, the quantity and the type of chemicals that are used for the water treatment varies depending on the quality of the water available and the location. The quality of water depends upon its hardness, total dissolved solids (TDS), pH value, and the alkalinity of the water.
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The agricultural sector has a very high demand for fresh water. Industrial sectors are also having considerable demand for clean and fresh water. The growth in the population across the world has created a dire need to reuse or recycle the water in the resources, which in turn has become a positive factor for market growth. The contamination of water is mainly because of industrial wastes, but domestic wastes also add their share. Various health issues have been developed because of the various organic and inorganic toxins that are present in the water. The need to reuse the water and improve the water quality has boosted globally the water treatment chemicals and technology market. Currently, awareness regarding water pollution and the harmful hazards related to it also serve favorable conditions to the global market growth.
Freshwater in the rivers, lakes, ponds and other resources are drying up because of global warming. The increasing requirement for fresh water has made the necessity to adopt new methods to generate clean water for consumption of human beings. Nuclear and solar plants require a large amount of fresh water for cooling, manufacturing, and maintenance; hence, the water treatment chemicals and technology market will definitely grow.
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The water treatment chemicals and technology market is segmented on the basis of technology, region, and application. Based on technology, the market is further segmented into distillation systems, filtration methods, water softeners, disinfection methods, reverse osmosis systems, and others. The geographical segmentation of the market is into Asia Pacific, Europe, the Middle East and Africa, North America, and Rest of the World. The market is segmented on the basis of application as residential and non-residential.
The environmental agencies in North America have compelled the use of water treatment chemicals and technology for domestic purpose thus helping in the market growth. In Mexico, the government has implemented the National Infrastructure Plan (NIP) which has led to the high usage of water in the business of construction. For that purpose, the water should be used properly and should be recycled which will become a factor for the water treatment chemicals and technology market growth. Oil and gas exploration in the Middle East also acts as a major factor for the growth of the market.
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Leading players in the water treatment chemicals and technology market include 3M Company, GE Water and Process Technologies, Honeywell International Inc., Solvay SA, The Dow Chemical Company, ITT, Buckman Laboratories International Inc., Pentair plc, BWA Water Additives, Calgon Carbon Corporation, Albemarle Corporation, Danaher Corporation, Flowserve Corporation, Best Water Technology AG, and many more.
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