Driver:
Increasing population, urbanization, and economic development:
Increasing population, urbanization, and economic development have led to an increasing demand for freshwater supply to satisfy human needs and support industrial activities. Players operating in the water treatment industry use various methods of water treatment, in order to make water usable for drinking, cooking, industrial activities, irrigation, and other purposes. The particles removed during the water treatment process are suspended solids, fungi, viruses, bacteria, minerals, and algae. The water treatment process involves chemical and physical methods. The chemicals used in the process are called water treatment chemicals. The water treatment method involves four processes including boiler water treatment, cooling water treatment, water purification, and wastewater effluent treatment.
Strict government regulations:
Coagulation and flocculation are two separate processes, used in succession, to overcome the forces stabilising the suspended particles. While coagulation neutralises the charges on the particles, flocculation enables them to bind together, making them bigger, so that they can be more easily separated from the liquid are preferred for industrial and sewage wastewater treatment applications due to their high efficiency and effectiveness in wastewater treatment. Coagulants are also used for treating drinking water by removing excess chlorine from the treated water. Strict government regulations have made it mandatory to treat industrial wastewater before discharging it into the environment. These regulations are expected to increase demand for water treatment chemicals in industrial wastewater treatment. According to the Central Pollution Control Board of India's Environmental Protection Rules, 1986, the effluents released in inland surface water should have a pH value between 5.5 and 9.0, and the suspended solids content should be less than 100 mg/l.
Restraint:
Increasing prices of water treatment chemicals:
Key players in the water treatment chemicals market are increasing the prices of water treatment chemicals, which is a major factor restraining the water treatment chemicals market growth. For instance, on February 24, 2022, Solenis, a leading global producer of specialty chemicals, increased prices across all product lines in North America and Latin America by 10 to 25 percent or as customer contracts allow. These price increases are necessary because of increased costs for raw materials, energy, transportation, and packaging.
Water Treatment Chemicals Market Report Snapshots
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