FOR IMMEDIATE RELEASE

Global Market for Specialty Chemicals for Water Treatment Worth $27.9 Billion in 2013

Wellesley, Mass—According to a new technical market research report, SPECIALTY CHEMICALS FOR WATER TREATMENT: THE GLOBAL MARKET (CHM050A) from BCC Research, the global market for specialty chemicals for water treatment technology is expected to be worth $21.0 billion in 2008. This will increase to $27.9 billion in 2013, a compound annual growth rate (CAGR) of 5.8%.

The market is broken down by type of chemical and includes corrosion inhibitors, coagulants and flocculants, biocides, scale inhibitors, pH adjustors and softeners, fluorochemicals, activated carbon, defoaming agents and others.

Corrosion inhibitors have the largest share of the market, worth an estimated $4.6 billion in 2008. This segment should reach $6.1 billion in 2013, for a CAGR of 5.8%.

Coagulants and flocculants have the second largest market share, generating an estimated $4.1 billion in 2008 and increasing to $5.4 billion in 2013, for a CAGR of 5.7%. Biocides represent the third largest market segment, estimated to be worth $3.9 billion in 2008 and $5.2 billion in 2013, for a CAGR of 5.9%.

With growing concern for global water supply, chemical suppliers are increasingly interested in the water treatment market. Growth is expected to be strongest in the developing world, with countries such as China and India registering growth that will more than double the global average. In developed countries growth will be fueled by stricter regulations and the continuing introduction of more sophisticated water treatment technologies.

The United States currently is the single largest market for specialty chemicals for water treatment and will remain the largest market through 2013. Its current market share is 42% followed by Asia at 38% and Europe at 16%.

In terms of end users, the power industry is the single largest user of specialty chemicals for water treatment, with 30% of the market, followed by the municipalities.
 

Specialty Chemicals for Water Treatment: The Global Market( CHM050A )
Target Date: November 2008    Price: $4850.00

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