Green Water Treatment Chemicals Market by Type (Coagulants & Flocculants, Corrosion And Scale Inhibitors, Biocides And Disinfectants, Chelating Agents, Others), Source (Plant-Based, Animal-Based, Mineral-Based), Application (Drinking Water Treatment, Wastewater Treatment, Process Water Treatment), End-Use Industry (Municipal, Industrial (Oil & Gas, Power Generation, Chemical & Fertilizers, Food & Beverage, Textiles, Pulp & Paper, Others)), By Region - Global Forecast to 2029
The global green water treatment chemicals market is projected to reach USD 10.6 billion by the year 2029 from USD 7.8 billion in the year 2024, at of 6.3% during the forecast period. The global green water treatment chemicals market is growing rapidly because of the booming environmental awareness and tough rules and regulation of industries. To reduce the environmental effects of discharging industrial wastewater, governments and international agencies are formulating measures that make industries replace environmentally unfriendly chemicals used in water treatment processes. Also, the realization of sustainable business practices has led to increased efforts to green industries through investments in more sustainable production technologies. Green water treatment chemicals also provide operational benefits such as better efficiency and lower maintenance whereby preferred by the industrial users who cares with the long-term gains. Green chemistry progress and technologies are also critical to this issue since companies can now design products and services with greater performance without threatening the environment.
GLOBAL GREEN WATER TREATMENT CHEMICALS MARKET TRENDS
Source: Secondary Research and MarketsandMarkets Analysis
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Source: Secondary Research and MarketsandMarkets Analysis
Green Water Treatment Chemicals Market Dynamics
Driver: Increasing demand for sustainable solutions
One of the major growth factors in green water treatment chemicals market is the continuously rising demand for sustainable solutions which is brought in by the consciousness of global industries. Due to increasing concern for climate change, water shortage and pollution, the organizations are compelled to introduce environment friendly policies. Local and international governmental and non-governmental organizations have set strict regulatory measures to reduce effects of industrialization on the environment in areas such as wastewater treatment. For example, polices and legislations put in place to address the issues of hazardous emissions and toxic discharge in water have promoted the use of biodegradable and non- toxic water treatment products. Green water treatment chemicals are readily available and a better solution to conventional chemical solutions since they are efficient in their function yet ecologically sensitive. Moreover, these chemicals make the industrial systems to operate efficiently coupled with low maintenance costs hence making the entire chemical worth investing in the long run.
These include high consumer expectations for sustainable business commitment that also shape the market. Customers are selecting organizations dedicated to environmental protection, forcing industries to adopt environmental concerns. Observed in industries where water is a critical input in production, this trend is especially visible in food and beverage processing, electricity generation, and textile manufacturing industries which need high-end water treatment technologies. Due to the growing scope of environmental problems, the adoption of green chemistry advances drives the market even more, as it ensures the creation of the advanced treatment techniques. All these factors individually justify why sustainability demands are core to the development of green water treatment chemicals.
Restraints: High development costs of green chemicals
The high development costs related to green chemicals act as a major restraint to the green water treatment chemicals market. Green substitutes are not easy to produce, so these products have had to invest a lot of money in research and development to meet their performance needs while at the same time coming up to the environmental requirements. Such costs as procuring environmentally friendly feed stocks, implementing environmentally friendly processes, and bearing the costs of high levels of environmental compliance that are sometimes considered expensive than synthesizing ordinary chemicals. However, the technologies needed to improve the effectiveness of green chemicals entail additional and higher infrastructural logistics and proficiency, driving costs up. Such costs are end-user costs which put green chemicals costs higher than other conventional water treatment solutions. In price-sensitive sectors, this cost difference can become a barrier to the adoption of such technologies, indeed in emerging markets where costs remain rather high. Also, there is problem of huge start-up capital needed to adopt green water treatment solutions as used by manufacturers and consumers. Firms may also avoid investing in green chemicals because their effectiveness as well as profitability is hard to predict owing to market competency. This reluctance hinders the rate at which there is adoption of new technologies and increased markets penetration thus turning into a hindrance to growth despite the enhanced environmental consciousness. Facing such high development costs, the main dispersion of these development costs through subsidization or incentives could be of an immense importance as a way of overcoming this restraint.
Opportunity: Rapid industrialization and urbanization in emerging markets
New trends in developing countries towards industrial and urban development create a great opportunity in the overall green water treatment chemicals market. The developed regions that receive fast economic improvements, industrialization, and trends in urbanization automatically quicken the need for clean water and satisfactory wastewater management systems. Greater industry production results in larger waste production in the form of water, demanding better methods for treating the wastewater to regulatory specifications. Green water treatment chemicals that are friendly to the ecosystem and water are perfect for solving these challenges, putting emphasis on modern sustainable development goals. Population increases in the urban area results in high demand for domestic and industrial water usage besides upgrading the technology used to treat municipal wastewater. Some of the emerging economies are severely short of clean water and contaminated, which calls for efficiency and sustainable usage. To address the challenges of high rate of urbanization and ensure compliance with new standard technologies in green water treatment is being considered a worthy investment. In addition, as consumers across these markets become more sensitive to environmental degradation, industries are pressing them to adopt more environmentally friendly products. This change is backed by global funding in addition to the technological partnerships related to the use of sustainable water resources. These factors make emerging markets vulnerable as high growth and usage places for green water treatment chemicals.
Challenges: Performance in complex applications
One implementation factor that presents a challenge in the green water treatment chemicals market is performance in complex applications. Sulfides often react with dissolved oxygen through oxidation to produce highly contaminated wastewater which is latently characterized by diversified chemical and physical properties according to industrial processes like heavy manufacturing, oil refining, and power generation among others. Discharging such effluents need chemical which withstand very high or very low pH, high TDS and various types of organic and inorganic impurities. And even though green water treatment chemicals are meant to have minimal effect on the environment, they may not prove as efficient as the regular chemicals in such extreme conditions. For instance, biodegradable chemicals may become too reactive in the environment by degrading off their performance. Further, some green substitutes fail to offer the same measure of corrosion protection, scaling, or microbial control especially under very high-pressure conditions or high temperatures. This limitation poses a challenge, forcing industries to resist incorporating green solutions since it may cause operation problems or destructions on their equipment. To address this issue therefore, there is a need to allocate substantial research and development resources to understand how green chemicals can operate effectively in complicated environments. Nevertheless, the high costs of these innovations are an added drawback to their implementation. To ensure usage of green water treatment chemicals in various industries all over the world, it is essential to close these performance gaps without compromising sustainability.
Green Water Treatment Chemicals Market Ecosystem
The green water treatment chemicals market ecosystem comprises raw material suppliers, manufacturers, distributors, and end-use industries. Raw material suppliers supply necessary materials for the manufacturing of green water treatment chemicals. The raw materials are processed by manufacturers from different sources, which have a wide range of applications, such as drinking water treatment, wastewater treatment, and process water treatment. The distribution of the product is key to bringing a sustainable solution for water treatment into the market. The end-use industries include oil & gas, power generation, chemical & fertilizers, food & beverage, textile, and pulp & paper manufacturers, which these products for treatment of industrial water and wastewater with least adverse effects on the environment.
Source: Secondary Research, Interviews with Experts, and MarketsandMarkets Analysis
By type, coagulants and flocculants lead the market during the forecast period
Coagulants and flocculants are leading the green water treatment chemicals market since these chemicals play a major role in water treatment systems ranging from industrial to municipal and commercial applications. These chemicals are crucial to coagulation for water clarification through the ability to accumulate and facilitate the removal of particles and organic material to industry and the environment’s discharge standards. As water softening agents, coagulants, de-alkalizers and a wide range of industrial applications the adoption of these technologies into sustainable water resource management cannot be over-emphasized. Natural/ biodegradable green coagulants and flocculants such as chitosan or plant-based polymer have distinct environmental benefits. They generate a smaller proportion of toxic sludge and have fewer negative impacts on the environment when compared to traditional counterparts that are widely used around the world that is why pollutions and water shortages are the serious world problems now. This has been further fueled by their compliance with stringent environmental standards especially with regions that is experiencing increase in industrial activities and water rationing. However, the available green chemistry solutions have improved both the effectiveness and affordability of the processes making them friendly for most water quality issues. That reusability makes green coagulants and flocculants to dominate the market even more since industries are now looking forward to optimizing on water recycling.
Wastewater treatment application to accounts for largest market share in green water treatment chemicals in terms of value, during the forecast period
Green water treatment chemicals are a rapidly evolving sector of the water treatment industry, where wastewater treatment currently dominates the market because of the increasing demand for effective approaches to the treatment of industrial and municipal sewage. With increased urban growth and industrialization, the quantity of wastewater produced is also high and therefore should be treated in a modern, environment friendly way. Organic solution is becoming popular progressively because of green water treatment chemicals which play an essential role in wastewater treatment by using eco-friendly biodegradable coagulants, flocculants, and disinfectants. These chemicals avoid formation of lethal residues as well as toxic byproducts which may pollute water sources, in line with the prevailing international environmental trends and legal frameworks. Sewerage is an important aspect in the treatment of water especially for areas is this area where water is scarce. In regard to water management the use of green chemicals assists in the recycling and reclamation of the wastewaters. These chemicals also enable industries abide by strict laws that demand lowering of dangerous compounds in the water discharge, which propels the market. Moreover, industries such as textile, food processing & power generation use wastewater treatment chemicals continuously for their smooth functioning and compliance with environmental standards, which contributes to the green water treatment chemicals market in this segment. Continued pressure on the industrial sector to take up sustainable processes make wastewater treatment the largest application area for the green water treatment chemicals market.
By end-use industry, industrial water & wastewater treatment to dominate the green water treatment chemicals market during the forecast period
Industrial water & wastewater treatment is the largest segment of the green water treatment chemicals market because of the environmentally conscious global theme for sustainable industrial processes. Some of the most water-intensive sectors include factories, electrical power plants, mining firms, and food and drinking firms as they generate lots of wastewater needs to be treated for discharge or recycle. These industries use green water treatment chemicals such as biodegradable coagulants, flocculant and disinfectant to clean their wastewater in an environmentally friendly way. They are less environmentally oppressive as compared with conventional chemicals, which usually give rise to vicious products and residual wastes. Further, institutional pressure to meet environmentally friendly requirements in water treatment is pushing the application of green chemicals in industries. Across the regions, governments are also placing higher demands on the quality of wastewater discharge produced by industries leading them to consider embracing better forms of water management. Acknowledgment of environmental protection and the need to eliminate water pollution is also a great driving force to the use of the green water treatment chemicals in industries. Also, due to growing environmental consciousness, industries and businesses around the world are increasingly working towards zeroing in on their carbon footprint and green water treatment chemicals contribute effectively toward sustainable operation while importantly preserving water as a valuable resource. The increasing attention to sustainable water management and meeting compliance requirements have made industrial water and wastewater treatment the largest end-use segment of green water treatment chemicals.
North America to dominate the green water treatment chemicals market during the forecast period
North America has the largest demand for green water treatment chemicals as a result of numerous stringent environmental laws, technologically developed infrastructure, and high concern for sustainability. The region has been very active in environmental policy and regulatory instruments that prescribe measures to minimize pollutants and best practices in industries. The regulation of water treatment differs greatly in the US and Canada, to this effect the government sets high standards that drive industries to adopt environmentally friendly chemicals for their production process with special emphasis on wastewater discharge. In addition, North America has a large number of large-scale industries such as manufacturing industries, power industries and food processing industries which make extensive use of water treatment chemicals. Such industries also demand products that are environmentally friendly, for example bio-degradable coagulant and flocculant. Furthermore, the region has strong research and development skills which have been used in improving green chemistry thus providing improved and cheap technologies for water treatment. Due to the increased public concern in environmental conservation, water scarcity, and quality concerns, water management is now demanded by consumers and firms in North America. The given regulatory environment, customer pull, and innovative factor stand out as the factors propelling North America to become the global leader in green water treatment chemicals market.
Source: Secondary Research and MarketsandMarkets Analysis
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Key Market Players
- Kemira (Finland)
- Veolia (France)
- Ecolab (US)
- Kurita Water Industries Ltd. (Japan)
- Solenis (US)
- Nouryon (The Netherlands)
- BASF SE (Germany)
- Green Water Treatment Solutions (Abu Dhabi)
- Thermax Limited (Pune)
- Dow (US)
Recent Developments in Green Water Treatment Chemicals Market
- In April 2024, Thermax Limited has opened a new manufacturing facility for water and wastewater treatment in Pune. The facility helped the company to improve production efficiency and capacity to address the rising demand for ecofriendly water treatment chemicals.
- 2. In November 2023, Kemira invested multi-million dollars at its Goole production facility, UK to expand its water treatment chemicals portfolio. It added 70,000 tons of extra capacity to its ferric sulfate production line, helping meet the surging demand for coagulants caused by increasing regulations under the Asset Management Plan 7 and 8 (AMP7 and AMP8), which focused on the reduction of phosphorus and other nutrient discharges from wastewater treatment as part of the Water Industry National Environment Program.
- In October 2023, Solenis acquired CedarChem, water and wastewater treatment specialist. This acquisition strengthened Solenis’ ability to deliver eco-friendly water treatment solutions, particularly in the southeastern United States. CedarChem’s diverse portfolio, including advanced polymers and coagulants, complements Solenis’ focus on sustainable practices.
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Frequently Asked Questions (FAQs):
What is the current size of the global green water treatment chemicals market?
The global green water treatment chemicals market is estimated to reach USD 10.6 billion by 2029 from USD 7.8 billion in 2024, at a CAGR of 6.3%, during the forecast period.
Who are the key players in the global green water treatment chemicals market?
Kemira (Finland), Veolia (France), Ecolab (US), Kurita Water Industries Ltd. (Japan), Solenis (US), Nouryon (The Netherlands), BASF SE (Germany), Green Water Treatment Solutions (Abu Dhabi), Thermax Limited (Pune), and Dow (US) are the key players in this market. They have the potential to broaden their product portfolio and compete with other key market players.
What are some of the drivers for the market growth?
Key drivers for the green water treatment chemicals market include growing demand for sustainable solutions and rapid industrialization and urbanization.
What are the different types of green water treatment chemicals?
Coagulants & flocculants, corrosion and scale inhibitors, biocides and disinfectants, and chelating agents are the major types in green water treatment chemicals.
What are the major end-use industries of green water treatment chemicals?
Municipal water & wastewater treatment and industrial water & wastewater treatment are the main end-use industries in this market.
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Green Water Treatment Chemicals Market
Growth opportunities and latent adjacency in Green Water Treatment Chemicals Market