P&S Intelligence, a business-intelligence consulting firm, projects that the water-treatment chemicals market is jumping from almost $45 million in 2017 to more than $58 million at a 4.7 percent CAGR. Water-treatment chemicals are used for removing impurities from water, including suspended solids, viruses, fungi, algae and minerals by such industries as oil and gas, municipal water treatment, construction, metal and mining, pulp and paper.
Coagulants and flocculants, oxygen scavengers, corrosion inhibitors, oxidants, scale inhibitors, antifoaming agents, chelating agents, pH adjusters and stabilizers, biocides and disinfectants, and others are the various types of water-treatment chemicals. In 2017, coagulants and flocculants were in the highest demand among all types, as these are used for water clarification, solid removal, lime softening, sludge thickening and solid dewatering.
With the success of the Industrial Revolution, many problems arose, such as polluted water from industrial plants, households, power plants and other commercial operations being dumped into water bodies.
The problem was exacerbated in developing countries because they lacked strong regulations against dumping wastes. Therefore, an easy and economical way out of this situation is the use of water treatment chemicals to provide people with clean drinking water and control the spread of waterborne diseases.
Flowback water and produced water obtained during the hydraulic fracking process contains organic chemicals, dissolved metal ions, total dissolved solids and chemical additives. One approach is to chemical treat the water.
The high levels of pollutants in water sources and stringent government regulations are the major factors behind the growth of the water-treatment chemicals market.