United States Water & Wastewater Treatment Chemicals Market to Grow with a CAGR of 5.14% through 2029
Growth
in research and development activities is expected to drive the United States
Water & Wastewater Treatment Chemicals Market growth in the forecast
period, 2025-2029.
According to TechSci
Research report, “Water & Wastewater Treatment Chemicals
Market – United States Industry Size, Share, Trends, Competition Forecast & Opportunities, 2019-2029F”,
the United States Water & Wastewater Treatment Chemicals Market stood at
USD 4.75 billion in 2023 and is anticipated to grow with a CAGR of 5.14% in the
forecast period, 2024-2029. 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 USD 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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"United
States Water & Wastewater Treatment Chemicals Market”
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. 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, mid-west
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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“The water and wastewater treatment chemicals market is a crucial sector
within United State's environmental management framework. With increasing
concerns over water quality and environmental sustainability, demand for
treatment chemicals continues to rise. These chemicals play pivotal roles in
purifying and treating water for various applications, including industrial
processes, municipal supply, and wastewater treatment plants. Factors such as
stringent regulatory standards, aging infrastructure, and growing industrial
activities drive market growth. The technological advancements in chemical
formulations and increasing investments in water infrastructure further bolster
the market. The United States water and wastewater treatment chemicals market
is poised for sustained growth, addressing evolving environmental challenges”
said Mr. Karan Chechi, Research Director with TechSci Research, a
research-based management consulting firm.
“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, By Competition
Forecast & Opportunities, 2019-2029F”, 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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