The market for sewage treatment agents is expanding as a result of growing concern over the depletion of freshwater supplies. Strict restrictions and regulations are being implemented by governments in a number of nations throughout the world in an effort to prevent and resolve such circumstances while also improving the wastewater's capacity for reuse. Also, governments from a number of nations are heavily active in enhancing municipal water facilities in both urban and rural locations. Over the forecast period, such advancements in home, industrial, and municipal water treatment are anticipated to drive demand for water & wastewater treatment chemicals.
The market for chemicals used in Water Treatment was valued at USD 35.9 billion in 2022, and it is anticipated to increase to USD 42.2 billion by 2027, rising at a compound annual growth rate of 3.2%.
Prominent Companies in the Water & Wastewater Treatment Chemicals Industry:
1) Kemira Oyj: Water-intensive businesses can benefit from the chemical solutions Kemira Oyj provides. The business offers the greatest products and knowledge to enhance its operations, the product quality of its clients, and resource effectiveness. It focuses on the oil and gas, pulp and paper, and water treatment industries. Helsinki, Finland serves as the headquarters. Built in 1920. 1,553,000 shares of Kemira have been purchased by Oras Invest.
2) Ion Exchange (India) Ltd.: A company that offers water solutions is Ion Exchange (India) Ltd. The company's primary activities include building and maintaining manufacturing facilities, operating water treatment facilities, and supplying chemicals for water treatment. Indian nationality. Created in 1964. In search of acquisitions is Ion Exchange (India) Ltd. The executive director, Mr. Aankur Patni, stated, "The chemical component will currently receive the most of the attention.
3) Dorf Ketal: The Industrial and Modified and Synthetic Acids operations of Fluid Energy Group Ltd. have been bought by Dorf Ketal Chemicals. Privately held Dorf Ketal Chemicals is an international manufacturer of speciality chemicals with headquarters in Mumbai, India. Many patents and industry awards for creativity in resolving clients' most challenging problems show the firm's primary strategic focus on novel chemistries. Founded in 1992.
4) BASF-SE: The world's largest chemical firm, BASF, was established in 1865 and is situated in Germany. Its goods range from basic necessities to specialised items. The business is also a major leader in the fields of agricultural crop protection chemicals and catalysts for reducing vehicle emissions. By purchasing Leuna-Miramid GmbH, BASF further solidifies its dominance in the European engineering plastics market.
5) Chembond Chemicals Ltd.: Chembond Chemicals Ltd. is a business engaged in the speciality chemicals industry. The business makes products for animal health, polymers, construction chemicals, high-performance coatings, water treatment, and industrial biotech. Specialty chemicals is the only segment therein. Mumbai, Maharashtra, India is home to Chembond's headquarters. Established in 1975.
6) Thermax Ltd.: An organisation that offers engineering solutions is called Thermax Ltd. Based on the type of product, the corporation operates through three segments. Boilers, turnkey power plants, solar and thermal solutions, as well as industrial and commercial cooling equipment are all provided by the energy section, which generates the majority of the company's revenues. head office in Pune.
*Definition: The substances that are removed during the water treatment process are suspended solids, viruses, fungi, bacteria, algae, and minerals.
