Pune, India, August 2023, MRFR Press Release/Market Research Future has published a Cooked Research Report on the Global Swimming Pool Treatment Chemicals Market.
Market Research Future (MRFR) has published a cooked research report on the “Global Swimming Pool Treatment Chemicals Market” that contains information from 2022 to 2032. The Global Swimming Pool Treatment Chemicals Market is estimated to register a CAGR of 2.74% during the forecast period of 2022 to 2032.
MRFR recognizes the following companies as the key players in the Global Swimming Pool Treatment Chemicals Market Olin Corporation of the United States, BASF SE, Arkema of France, Igneous of the United Kingdom, Naphthalene Sulfonates, AGC Inc. of Japan, Lignosulphonates, ICL of Israel, Polycarboxylates and Melamine Sulfonates, Occidental Petroleum Corporation of the United States, and Sumitomo Chemical Co. Ltd of Japan.
The Global Swimming Pool Treatment Chemicals Market is accounted to register a CAGR of 2.74% during the forecast period and is estimated to reach USD 1.53 Billion by 2032.
The Swimming Pool Treatment Chemicals Market refers to the global or regional trade and production of chemicals used to treat and maintain swimming pools. These chemicals are essential for ensuring the water in swimming pools remains safe, clean, and free from harmful microorganisms, algae, and other contaminants. Common swimming pool treatment chemicals include chlorine, bromine, pH adjusters, algaecides, and flocculants. The primary driver of the Swimming Pool Treatment Chemicals Market is the growing number of swimming pools worldwide. As urbanization and disposable income levels rise, there is an increasing demand for recreational activities, including private and public swimming pools. To ensure the safety and hygiene of the pool water, swimming pool owners and operators require effective treatment chemicals. Additionally, strict regulations and guidelines from health and safety authorities regarding pool water quality contribute to the steady demand for these chemicals. The desire to provide swimmers with a pleasant and hygienic swimming experience fuels the continuous growth of the Swimming Pool Treatment Chemicals Market.
The Global Swimming Pool Treatment Chemicals Market has been segmented based on Type, and Application.
Based on Type, the market is segmented into Calcium HyCalcium drochloride, Sodium hydrochloride, TTCA, and Bromine. the TTCA segment is expected to hold the largest market share over the projection period. This dominance is attributed to its high free chlorine concentration, minimal impact on scaling, and superior performance when exposed to sunlight. Additionally, the sodium hypochlorite segment is projected to achieve a strong revenue Compound Annual Growth Rate (CAGR) throughout the projected years due to its high efficiency against bacteria and biofilm.
Based on End Use, the Market has been segmented into Naphthalene Sulfonates, Lignosulfonates, Polycarboxylates, and Melamine Sulfonates. The lignosulfonates category emerges as the highest revenue generator. Lignosulfonates are highly effective in water treatment due to their ability to disperse and dissolve particles, making them ideal for processes such as sedimentation, coagulation, and flocculation. Their usage offers an economical and environmentally friendly method of purifying water. Furthermore, the utilization of lignosulfonates in water treatment results in a reduction in the number of chemical coagulants required to achieve the desired water quality, thereby making the water treatment system more cost-effective and sustainable with reduced chemical load.
The Global Swimming Pool Treatment Chemicals Market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global Swimming Pool Treatment Chemicals Market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Swimming Pool Treatment Chemicals Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World's Global Swimming Pool Treatment Chemicals Market comprises of Middle East, Africa, and Latin America.
The North American Swimming Pool Treatment Chemicals market is poised to dominate the industry, primarily due to the rising construction of both commercial and residential swimming pools in the region.
The Europe Swimming Pool Treatment Chemicals market secures the second-largest market share, driven by the increasing concerns about health and physical fitness. Notably, the German Swimming Pool Treatment Chemicals market claims the largest market share in the region, while the UK Swimming Pool Treatment Chemicals market experiences the highest growth rate.
In the Asia-Pacific region, the Swimming Pool Treatment Chemicals Market is expected to witness the fastest Compound Annual Growth Rate (CAGR) from 2023 to 2032. This growth is attributed to the expanding hotels and resorts industry. China's Swimming Pool Treatment Chemicals market stands as the largest market share holder, and the Indian Swimming Pool Treatment Chemicals market shows the most rapid growth in the Asia-Pacific region.
Key Findings of the Study