Market Size of Europe Water Treatment Chemicals Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 4.00 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
Europe Water Treatment Chemicals Market Analysis
The market for water treatment chemicals in Europe is expected to register at a CAGR above 4% during the forecast period.
The COVID-19 epidemic harmed the water treatment chemical sector. Global lockdowns and stringent rules enforced by governments resulted in a catastrophic setback as most production hubs were shut down. Nonetheless, the business is recovering from 2021 and is expected to rise significantly in the coming years.
- One of the significant factors driving water treatment chemicals consumption is the stringent regulations to produce and dispose of wastewater properly. It is to preserve and protect the marine ecosystem from pollutants and other toxic species.
- On the flip side, the hazardous nature of hydrazine is a major restraining factor in the market studied.
- In the next few years, a shift in emphasis towards green chemicals is projected to provide significant growth potential for the industry under consideration.
- Power generation includes the largest market share among end-user industries and is likely to continue its position during the projection period.
- Germany presently holds the largest market share among European countries and will likely maintain its dominance during the projection period.
Europe Water Treatment Chemicals Industry Segmentation
Water treatment chemicals are chemicals used to make water suitable for end-use applications such as drinking, cooking, irrigation, and industrial purposes. The chemicals help to eliminate hazardous substances from water, such as sand, minerals, bacteria, viruses, and others. The European water treatment chemicals market is segmented by product type, end-user industry, and geography. By product type, the market is segmented into flocculants and coagulants, biocides and disinfectants, defoamers and defoaming agents, ph adjusters and softeners, corrosion and scale inhibitors, and other product types. By end-user industry, the market is segmented into power, oil and gas, chemical manufacturing, mining and mineral processing, municipal, food and beverage, pulp and paper, and other industries. The report also covers the market size and forecasts for European water treatment chemicals in five regional countries. The market sizing and forecasts are done for each segment based on revenue (USD million).
Product Type | |
Flocculants and Coagulants | |
Biocide and Disinfectant | |
Defoamers and Defoaming Agents | |
pH and Adjuster and Softener | |
Corrosion and Scale Inhibitor | |
Other Product Types |
End-user Industry | |
Power | |
Oil and Gas | |
Chemical Manufcaturing | |
Mining and Mineral Processing | |
Municipal | |
Food and Beverage | |
Pulp and Paper | |
Other End-user Industries |
Geography | |
Germany | |
United Kingdom | |
France | |
Italy | |
Russia | |
Rest of Europe |
Europe Water Treatment Chemicals Market Size Summary
The European water treatment chemicals market is poised for significant growth, driven by stringent regulations governing wastewater management to protect marine ecosystems. The market, which faced setbacks due to the COVID-19 pandemic, is on a recovery path and is expected to expand steadily. The power generation sector is the largest consumer of water treatment chemicals, primarily due to its substantial industrial wastewater output, which contains harmful contaminants. This sector's demand is anticipated to rise as electricity consumption increases across Europe, particularly in countries like Germany, France, and the United Kingdom. Germany currently holds the largest market share in Europe, supported by its robust industrial sectors, including power generation, food and beverage, and chemical manufacturing, all of which require extensive water treatment processes.
The market landscape is moderately consolidated, with key players such as Ecolab, Solenis, Kemira, Veolia, and Kurita Water Industries Ltd. dominating the scene. These companies are actively expanding their offerings through strategic acquisitions, enhancing their ability to provide sustainable and cost-effective solutions. The shift towards green chemicals is expected to offer substantial growth opportunities, despite challenges posed by the hazardous nature of certain chemicals like hydrazine. Germany's dominance in the market is further reinforced by its advanced water and wastewater treatment systems, which adhere to high European Union standards, and its significant contributions to the paper and mining industries, both of which rely heavily on water treatment chemicals.
Europe Water Treatment Chemicals Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.1.1 Stringent Regulations to Produce and Dispose Wastewater
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1.1.2 Other Drivers
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1.2 Restraints
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1.2.1 Hazardous Nature of Hydrazine
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1.2.2 Other Restraints
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1.3 Industry Value Chain Analysis
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Consumers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Degree of Competition
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2. MARKET SEGMENTATION (Market Size in Value)
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2.1 Product Type
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2.1.1 Flocculants and Coagulants
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2.1.2 Biocide and Disinfectant
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2.1.3 Defoamers and Defoaming Agents
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2.1.4 pH and Adjuster and Softener
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2.1.5 Corrosion and Scale Inhibitor
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2.1.6 Other Product Types
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2.2 End-user Industry
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2.2.1 Power
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2.2.2 Oil and Gas
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2.2.3 Chemical Manufcaturing
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2.2.4 Mining and Mineral Processing
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2.2.5 Municipal
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2.2.6 Food and Beverage
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2.2.7 Pulp and Paper
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2.2.8 Other End-user Industries
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2.3 Geography
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2.3.1 Germany
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2.3.2 United Kingdom
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2.3.3 France
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2.3.4 Italy
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2.3.5 Russia
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2.3.6 Rest of Europe
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Europe Water Treatment Chemicals Market Size FAQs
What is the current Europe Water Treatment Chemicals Market size?
The Europe Water Treatment Chemicals Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)
Who are the key players in Europe Water Treatment Chemicals Market?
Solenis, Ecolab, Kemira, Kurita Water Industries Ltd. and Veolia are the major companies operating in the Europe Water Treatment Chemicals Market.