As cited by the research report titled ‘Global Industrial Water Treatment Chemicals Market Size study, by Application (Cooling & Boilers, Raw Water Treatment, Water Desalination, Effluent Water Treatment, Others) and Regional Forecasts 2021-2027’, available with MarketStudyReport, global industrial water treatment chemicals market is projected to grow with a strong CAGR to garner significant returns over 2021-2027.
 

Expanding industrial & commercial developments coupled with growing demand for freshwater resources are majorly driving global industrial water treatment chemicals market growth. In addition, increasing urbanization and rising technological advancements are poised to augment the industry dynamics over the projected timeline.
 

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For the record, water treatment chemicals are mainly used in water distillation, cooling & boilers, raw-water and effluent-water treatment plants among others. In order to cater the needs of the ever-increasing population and provide them with clean water, the demand for treating water is likely to rise, thus positively swaying the industry trends over the forecast duration.
 

Speaking of negatives, lack of skilled professionals along with high costs of material, process & maintenance are likely to hinder the market progression over the assessment period.
 

The report offers detailed information on the market segmentation, providing a clear understanding of strong revenue prospects in the industry to assist the stakeholders in making informed decisions. Considering application range, the industry space is segmented into cooling & boilers, water desalination, raw water treatment, effluent water treatment, and others.
 

The geographical analysis of the global industrial water treatment chemicals industry involves regions like North America, Asia Pacific, Europe, and Latin America. North America is likely to be a lucrative growth avenue over the forecast timeline 2021-2027, on account of changing climatic conditions.
 

Meanwhile, Asia Pacific market is anticipated to showcase significant growth over the projected timeline 2021-2027, owing to growing demand for freshwater resources and rising utilization in the industrial and commercial sector.
 

Prominent players influencing the global industrial water treatment chemicals industry dynamics are SNF Floerger Group, Solenis LLC, Kemira Oyj,Solvay S.A., Akzo Nobel N.V., Buckman Laboratories International Inc., Cortec Corporation, Dow Chemical Company, BWA Water Additives, and BASF SE. The report incorporates detailed profiles of the aforementioned players with information on their businesses and product portfolios, along with the latest developments.