Press Release

United States Water & Wastewater Treatment Chemicals Market to Grow with a CAGR of 5.15% through 2028

Growth in research and development activities is expected to drive the United States Water & Wastewater Treatment Chemicals Market growth in the forecast period, 2024-2028.

 

According to TechSci Research report, “United States Water & Wastewater Treatment Chemicals Market – By Region, Competition, Forecast and Opportunities, 2018-2028F”, the United States Water & Wastewater Treatment Chemicals Market stood at USD4.75 billion in 2022 and is anticipated to grow with a CAGR of 5.15% in the forecast period, 2023-2028. The initiatives taken by government based on water & wastewater treatment chemicals has led to favorable market conditions for the United States Water & Wastewater Treatment Chemicals Market. Several factors contribute to the growth of various water & wastewater treatment chemicals market products.

The Clean Water Act, enacted as a crucial piece of legislation, plays a fundamental role in regulating the discharge of pollutants into U.S. waters. It sets stringent wastewater standards for industries, ensuring the protection of our precious water resources. Compliance with these standards has significantly contributed to the growing demand for water and wastewater treatment chemicals, as industries strive to meet the Act's requirements.

Building upon this foundation, the recent passage of the Bipartisan Infrastructure Law signifies a major milestone in addressing our nation's infrastructure needs. With over $50 billion allocated to the Environmental Protection Agency (EPA), this legislation aims to enhance the quality of our drinking water, wastewater, and stormwater infrastructure. As new and upgraded facilities are constructed, the demand for water and wastewater treatment chemicals is expected to rise, as these substances play a vital role in maintaining the efficiency and effectiveness of these critical systems.

 

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Innovative and dedicated research and development (R&D) efforts have played a crucial role in the development of cutting-edge chemicals that are not only highly efficient but also environmentally friendly. These remarkable advancements have revolutionized the treatment of water, enhancing both its quality and purity. Moreover, these breakthroughs have significantly contributed to making the entire water treatment process more cost-effective and sustainable, benefiting both the environment and society as a whole.

The United States Water & Wastewater Treatment Chemicals Market is segmented into chemical type, end user, regional distribution, and company.

Based on its end user, the oil & gas segment held the largest share in the market. The expansion of the oil and gas industry, both domestically and globally, is driving the growing demand for effective water treatment solutions. As this industry continues to expand, the need for specialized water treatment chemicals increases correspondingly. This growth not only fuels the demand for these chemicals but also contributes to the overall dominance of the oil and gas sector in the market.

With the ever-increasing focus on sustainability and environmental regulations, the importance of efficient water management in this industry cannot be overstated. As such, investing in advanced water treatment technologies and solutions has become paramount for the oil and gas companies to ensure compliance, minimize environmental impact, and maintain operational excellence.

Based on region, Midwest segment is expected to grow during the forecast period.

The Midwest region is known for its robust and well-established water and wastewater treatment infrastructure. Over the years, the region has made significant investments in water treatment facilities and systems, resulting in a direct increase in the demand for water and wastewater treatment chemicals. This investment not only ensures the provision of clean and safe water to the residents but also stimulates economic growth by supporting industries that rely on water resources.

Moreover, the Midwest region is committed to maintaining high water quality standards. This dedication to ensuring the purity and safety of water sources further fuels the continuous need for water and wastewater treatment chemicals. By prioritizing water quality, the region aims to safeguard the health and well-being of its communities while also promoting sustainable development.

In summary, the Midwest region's focus on enhancing its water and wastewater treatment infrastructure, coupled with its commitment to maintaining high water quality standards, underscores the ongoing demand for water and wastewater treatment chemicals. This creates opportunities for businesses operating in the chemical industry and contributes to the overall growth and prosperity of the region.

 

Major companies operating in United States Water & Wastewater Treatment Chemicals Market are:

  • Kemira America, Inc.
  • Lonza America, Inc.
  • Chemours Co.
  • BASF Corporation
  • Kurita America, Inc.
  • Chemtreat Inc.
  • Solenis LLC

 

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“Growing application of water & wastewater treatment chemicals in various end user industries are key drivers of the water & wastewater treatment chemicals market. Growth in competitive landscape and presence of well-established companies in the market who are dedicated to enhance their productivity of water & wastewater treatment chemicals with every passing year are anticipated to register an impressive growth to United States Water & Wastewater Treatment Chemicals Market in the forecast period.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

Water & Wastewater Treatment Chemicals Market By Chemical Type (Coagulant & Flocculant, Biocide & Disinfectant, Corrosion & Scale Inhibitor, pH Adjuster, Others), By End User (Oil & Gas, Pharmaceutical, Chemicals, FMCG, Others), By Region, By Competition Forecast & Opportunities, 2018-2028F”, has evaluated the future growth potential of United States Water & Wastewater Treatment Chemicals Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in United States Water & Wastewater Treatment Chemicals Market.

 

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United States Water & Wastewater Treatment Chemicals Market By Chemical Type (Coagulant & Flocculant, Biocide & Disinfectant, Corrosion & Scale Inhibitor, pH Adjuster, Others), By End User (Oil & Gas, Pharmaceutical, Chemicals, FMCG, Others), By Region, Competition, Forecast and Opportunities 2018-2028

Chemicals | Dec, 2023

Growing concern for water quality and surge in technological advancements are factors driving the United States Water & Wastewater Treatment Chemicals Market in the forecast period 2024-2028.

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