India Water Treatment Chemicals Market Size (2024 - 2029)

India Water Treatment Chemicals Market Analysis

The India Water Treatment Chemicals Market size is estimated at USD 622.38 million in 2024, and is expected to reach USD 968.02 million by 2029, growing at a CAGR of greater than 9% during the forecast period (2024-2029).

The market was negatively impacted by COVID-19 in 2020. Owing to the pandemic scenario, various end-user industries, such as petrochemicals, cut their production during the lockdown, considering the decline in demand. However, the market started to recover in 2021 at a steady rate.

• Over the short term, the increasing demand for treated water is expected to drive the market's growth.
• However, the toxicity of water treatment chemicals is restraining the demand for water treatment chemicals in the country.
• The increasing investments in sewage treatment plants are likely to provide a significant growth opportunity to the market studied.
• Among the applications, the power generation sector accounts for the largest market share and is likely to dominate the market during the forecast period.

India Water Treatment Chemicals Industry Segmentation

Water treatment chemicals are widely used in various end-user industries, such as chemicals (including petrochemicals), power generation, and others. These end-user industries generate wastewater from their facilities as a byproduct, which needs to be treated before reuse or disposal, considering the longer shelf life of the equipment and government regulations to protect the environment. Some of the water treatment chemicals include corrosion inhibitors, biocides, flocculants, and others.

The Indian water treatment chemicals market is segmented by product type and end-user industry. By product type, the market is segmented into biocides and disinfectants, coagulants and flocculants, corrosion and scale inhibitors, defoamers and defoaming agents, pH adjusters and softeners, and other product types (oxygen scavengers, etc.). In the end-user industry, the market is segmented into power generation, oil and gas, chemical manufacturing, mining and mineral processing, municipal, food and beverage, pulp and paper, and other end-user industries (pharmaceuticals, etc.). For each segment, the market sizing and forecasts were made on the basis of value (USD).