The global water treatment chemical market is driven by its industrial applications, according to a Research and Markets report. In 2012, power generation was the key application industry for water treatment chemicals, representing around 15% of the global market. Municipal water treatment represented around 35% of the global water treatment chemicals consumption globally. Asia-Pacific is the largest region with over 35% of the market share.
China and India are the two major markets in the region that drive the global industry. North America and Western Europe markets are matured and growing at a slow pace. Most of the developed nations are focusing on water treatment methods that are chemical-free or require small amount of chemicals, a key restrain for the industry.
Coagulants & flocculants and scale & corrosion inhibitors are the most commonly used chemicals for water healing. These three categories of chemicals represent around 60% of the global water treatment chemicals market.