Water and Wastewater Chemicals Market to Expand to $18 Billion in 2006

Feb. 25, 2003
Growth in Odor Control Chemical Purchases Leading Factor in Expansion

The world market for twelve classes of water and wastewater treatment chemicals will expand from $16.4 billion in 2003 to $18.4 billion in 2006, according to the McIlvaine Company.

In its continually updated online report, Water and Wastewater Treatment Chemicals: World Market, a new category has been added. The market for odor control chemicals is growing faster than that for flocculants, corrosion inhibitors and the other chemical types. Consequently, McIlvaine is now forecasting this segment separately and not as part of the miscellaneous category.

The world odor control chemical market is projected to rise from $541 million in 2003 to $621 million in 2006. Municipal wastewater plants will purchase nearly half of the total followed by the food industry as the second largest purchasing segment. Odor complaints and resultant control are highest in the richest countries but many countries are instituting reduction programs.

Corrosion inhibitors will remain the largest segment of the chemicals market with 2006 expenditures forecast at $4.2 billion. Organic flocculants will continue in the second spot followed by scale inhibitors.

The market in 2001 and 2002 was down from 2000 in chemical, electronics and pulp and paper. It was up slightly in other industries. The net result was a slight increase from 2000 and 2002 to $15.7 billion as shown below.

Industry 2002 ($ Millions)

Chemical 475.41

Electronics 213.12

Food 600.36

Metals 526.90

Mining 251.97

Oil & Gas 960.45

Other Industries 876.97

Pharmaceutical 197.76

Power 5,516.53

Pulp & Paper 591.54

Wastewater 2,387.15

Water 3,182.67

The U.S. will remain the largest purchaser of each type of chemical but China has surged into second place for many types. Here is a projected ranking in 2006 for organic flocculants.

COUNTRY ($ Millions)

United States 706.26

China 416.65

Japan 239.50

Germany 183.64

France 131.09

United Kingdom 129.02

Italy 102.39

Canada 99.10

India 79.33

Brazil 75.08

The structure of the industry will remain fragmented despite the entry of GE. Thousands of companies will continue to carve out market segments defined by product, application or geography.

For more information on Water and Wastewater Treatment Chemicals: World Market, go to www.mcilvainecompany.com/water.html#NO26.

Source: McIlvaine Company

Image by Burnham RNG, courtesy twentytwo & brand.