The continuous depleting fresh water resources around the world have forced the governments of many countries to put stringent laws for purifying waste water. With the growing industrialization in the developing nations the demand for fresh water has also increased many folds which is further boosting the demand of water treatment chemicals as they are considered one of the best ways to purify waste water economically. There are many players in water treatment chemicals industry which are profiting from this hugely growing business opportunity such as Dow Chemicals, GE, BASF, Kemira, Arch Chemicals, Ashland Inc., etc. However, with constantly increasing demand these players have not been able to meet the market demand which have opened up gates for other players to enter the fray.
According to recently published report by TechSci Research “Global Water Treatment Chemicals Market Forecast & Opportunities, 2017,” the market for water treatment chemicals is expected to grow enormously in the coming years. In 2011, water treatment chemicals market reached US$ 24 Billion revenues making it one of the most lucrative markets in the chemicals industry. The industrialization in emerging economies such as China, India and Brazil has fuelled the growth in the industrial segment of water treatment chemicals market. Growing fresh water requirements from every section of the society is ringing the alarm bells in water departments of many countries to start looking for alternative sources.