Download PDF Brochure https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=342#utm_source=TWN&utm_medium=Nikita_K&utm_campaign=7-JulyThe glob...Download PDF Brochure https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=342#utm_source=TWN&utm_medium=Nikita_K&utm_campaign=7-July
The global water treatment chemicals market size is projected to grow from USD 35.9 billion in 2022 to USD 42.2 billion by 2027, at a CAGR of 3.2% between 2022 and 2027. The major factors driving the growth of water treatment chemicals are increasing demand for chemically treated water from various end-use segments and stringent regulations and sustainability mandates concerning the environment.
Ecolab Inc. is one of the leading players operating in the global water treatment chemicals market. Ecolab Inc. offers hygiene, infection prevention, and water solutions & services that protect people and vital resources. The company provides water treatment chemicals through its global industrial business segment. The company offers water treatment products and services to a wide-range of industries including food & beverage processing, chemical, mining & primary metals, power generation, pulp & paper, and commercial laundry. Ecolab Inc. has a strong global presence with operations in more than 170 countries. The company is focusing on increasing its market share by adopting several organic and inorganic strategies including new product development, investment & expansion, and acquisition, to expand its global presence and enhance its competitiveness. For instance, in February 2019, Ecolab acquired Lobster Ink, a leading provider of end-to-end online customer training solutions. It provides Ecolab with an ability to meet the unique training needs of hospitality and foodservice companies in 130 countries globally.