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Saudi Arabia Water and Wastewater Treatment Chemicals Market Expected to Reach $2.80 Billion by 2034

31 Dec 2024

The Saudi Arabia’s Water and Wastewater Treatment Chemicals Market is integral to addressing the region's growing water challenges. These chemicals enhance water treatment efficiency, ensuring sustainable usage for residential, commercial, and industrial purposes. Key chemicals include coagulants, flocculants, biocides, and corrosion inhibitors, each tailored for specific water treatment applications. With increasing industrialization, urbanization, and environmental concerns, the demand for these solutions is rising. Despite challenges such as cost sensitivity, innovations in eco-friendly chemicals and government initiatives are driving market growth, ensuring cleaner and safer water for all.


Saudi Arabia Water and Wastewater Treatment Chemicals Market Overview

Saudi Arabia’s market for water and wastewater treatment chemicals is driven by the nation’s pressing need to ensure sustainable water management amid rising industrial and population growth. Stringent environmental regulations and increasing awareness about water conservation further bolster the market. According to BIS Research, the Saudi Arabia water and wastewater treatment chemicals market is projected to grow from $1.14 billion in 2023 to $2.80 billion by 2034, at a robust CAGR of 8.50%. This market is pivotal for supporting Saudi Vision 2030’s goals for sustainable development and industrial expansion.

Saudi Arabia Water and Wastewater Treatment Chemicals Market Segmentation

Segmentation 1: based on Application
•    RO Chemicals
•    Cooling Chemicals
•    Boiler Chemicals
•    Portable Water Network Chemicals
•    Filtration and Dewatering Chemicals
•    Laundry Chemicals

Segmentation 2: based on Product
•    RO Antiscalants
•    RO Cleaning Chemicals
•    Scale Inhibitors (Cooling)
•    Corrosion and Scale Inhibitors (Cooling)
•    Biocides – Oxidizing and Non-Oxidizing (Cooling)
•    Dispersants (Cooling)
•    Scale Inhibitors and Dispersants
•    Condensate Treatment (Corrosion Inhibitor)
•    Scale and Corrosion Inhibitors (Potable Water Network)
•    Filtration Aid Chemicals (Coagulant and Flocculant)
•    Sludge Dewatering Polymer
•    Powder Detergent
•    Softener
•    Powder Bleach


Key Market Players

•    Akzo Nobel N.V.
•    Samachem
•    WETICO
•    Veolia
•    Ecolab
•    BASF
•    REDA Water
•    Juffali
•    Reza Industrial Solution (REZA Investment Company Ltd.)
•    Al-Jazira Water Treatment Chemicals
•    Solenis
•    SUEZ
•    The Chemours Company
•    Dow
•    Univar Solutions LLC
•    Kurita Water Industries Ltd.
•    AES Arabia Ltd.
•    alwaslchem
•    Italmatch Chemicals S.p.A

Saudi Arabia Water and Wastewater Treatment Chemicals Market Demand – Drivers, opportunity and Challenges

Market Drivers: Rising Population and Urbanization
Saudi Arabia's growing population and urbanization are driving demand for water and wastewater treatment chemicals. Expanding cities have increased the need for clean water and efficient wastewater management, pressuring limited resources. Projects like the Shuqaiq 3 desalination plant, producing 450,000 cubic meters of water daily for 1.8 million residents, exemplify efforts aligned with Vision 2030 to address water scarcity and promote sustainable infrastructure.

Market Challenges: High Costs of Treatment Facilities
High capital and operational costs for water treatment plants pose significant challenges. Constructing new facilities requires substantial investment in advanced technology, while maintaining older plants, such as those in Riyadh and Dammam, demands costly upgrades to meet regulatory standards. These expenses often constrain budgets, slowing the adoption of modern treatment solutions.

Market Opportunities: Public-Private Partnerships (PPPs)
Public-Private Partnerships (PPPs) present a key opportunity by integrating private sector expertise and investment into water infrastructure projects. Successful initiatives like the Jeddah Airport Wastewater Treatment Plant and Shuaibah Desalination Project showcase the potential of PPPs to enhance capacity and sustainability. As Vision 2030 progresses, companies should focus on building transparent partnerships and delivering innovative solutions to seize growth opportunities in this expanding market.


Conclusion

According to Debraj Chakraborty, Principal Analyst at BIS Research, "Saudi Arabia's water and wastewater treatment chemicals market is poised for significant growth in the coming years, driven by a heightened emphasis on sustainable water management and the growing need for advanced water treatment solutions. The market is set to benefit from substantial investments in infrastructure projects, particularly in desalination and wastewater recycling. Key players are expected to focus on fostering strategic partnerships, innovating chemical formulations, and expanding service offerings to meet the needs of industrial, municipal, and residential sectors. Advancements in membrane filtration, water reuse technologies, and improved chemical efficiency will be pivotal in enhancing treatment processes, meeting environmental compliance standards, and addressing the region's persistent water scarcity. As Saudi Arabia advances its sustainability agenda, this market will remain essential in achieving the nation’s environmental and economic objectives."

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