India Wastewater Treatment Chemicals Market Size Set to Touch USD 1.2 Billion by 2029

Published | 18 August 2023

India wastewater treatment chemicals market is flourishing because of the high focus on water and wastewater management and rapid industrialization and urbanization.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the India wastewater treatment chemicals market size at USD 1,011.6 million in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the India wastewater treatment chemicals market size to grow at a steady CAGR of 3.78% reaching a value of USD 1,263.8 million by 2029. Major growth drivers for the India wastewater treatment chemicals market include increasing industrialization and urban growth has resulted in an escalation of water contamination levels. As the Indian government invests in water treatment plants to achieve "Zero Liquid Discharge," the demand for wastewater treatment chemicals is expected to rise. With a growing population and industrial landscape, the volume of discharged wastewater has surged, compelling municipalities to promote effective reutilization. Also, strict environmental norms and industry awareness will likely drive double-digit growth in the wastewater treatment chemicals market. The Jal Shakti Ministry has initiated the Jal Jeevan Mission to provide piped drinking water, further emphasizing the need for effective water treatment solutions. However, high cost associated with the water treatment chemicals is anticipated to restrain the overall market growth during the forecast period.

India Wastewater Treatment Chemicals Market – Overview

India wastewater treatment chemicals market refers to the sector within India's economy that involves the production, distribution, and application of various chemical products used in the treatment of wastewater. These chemicals are employed to remove pollutants, contaminants, and impurities from industrial, municipal, and agricultural wastewater. The market's primary aim is to facilitate the safe and efficient treatment of wastewater, ensuring compliance with environmental regulations and promoting sustainable water management practices. The India wastewater treatment chemicals market plays a crucial role in addressing water pollution concerns, conserving water resources, and contributing to the country's broader goals of environmental protection and sustainable development.

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Impact of COVID-19 on India Wastewater Treatment Chemicals Market

COVID-19 pandemic had a mixed impact on the India wastewater treatment chemicals market. During the initial lockdowns, industrial activities and commercial operations were restricted, leading to reduced wastewater generation and a temporary decline in demand for treatment chemicals. However, as industries resumed operations and hygiene awareness increased, the demand for water treatment chemicals surged to maintain water quality and safety standards. The pandemic highlighted the importance of clean water for sanitation and hygiene, prompting investments in wastewater treatment infrastructure. Despite short-term challenges, the market's long-term outlook remained positive, driven by the country's increasing focus on sustainable water management and environmental conservation in the aftermath of the pandemic.

India Wastewater Treatment Chemicals Market – By End User

On the basis of end user, the India wastewater treatment chemicals market is divided into Oil & Gas, Power, Mining, Pulp & Paper and other (including Chemicals & Fertilizers, Pharmaceuticals, Municipal, Tannery, Textile, Semiconductors, and Food & Beverages) segments. The oil & gas segment holds the highest share in the India wastewater treatment chemicals market by end user due to the significant volume of water used in oil & gas operations and the resulting wastewater generated. Oil refineries, petrochemical plants, and other facilities in the sector produce substantial amounts of wastewater containing various contaminants, including oil, grease, and chemicals. To adhere to stringent environmental regulations and ensure responsible water management, the oil and gas industry invests in advanced wastewater treatment solutions and chemicals. Treating and recycling water not only helps reduce environmental impact but also enhances operational efficiency and sustainability, driving the demand for wastewater treatment chemicals in this segment.

Competitive Landscape

Major players operating in the India wastewater treatment chemicals market include Kemira, Kurita Water Industries Ltd., Solenis, Ecolab, SUEZ, ION EXCHANGE, Thermax Limited, and Dorf Ketal Chemicals (I) Pvt Ltd. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

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The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of India Wastewater Treatment Chemicals Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in India Wastewater Treatment Chemicals Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

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