WATER AND WASTEWATER TREATMENT CHEMICALS MARKET ANALYSIS

Stringent environmental regulations around the usage and disposal of chemicals have increased compliance costs for manufacturers. Additionally, developing innovative products to meet future requirements is capital intensive. Supply chain disruptions due to the COVID-19 pandemic have also impacted the prices of key input materials. Sourcing alternative raw materials without compromising on product quality or efficacy remains a challenge.

Opportunities: Growing global fresh water scarcity

Growing global fresh water scarcity is boosting investments in the water and wastewater treatment infrastructure. And treatment. Expanding urbanization and increasing industrial activities are also driving the demand for water treatment chemicals from the municipal and industrial segments. Additionally, more stringent quality norms worldwide mean that the usage of chemicals will continue to grow. Tailoring products for emerging markets and gaining approvals for new applications can allow companies to access untapped regions.