Global Pool Chemicals Market Overview:
Pool Chemicals are used to keep pool water clean. A pool may consist of several disease-carrying microorganisms that can be easily passed from one person to another if the pool water is not treated properly from time to time. This impure water may lead to skin irritation and eye irritation problems. For instance, according to a report published in CDCís Morbidity and Mortality Weekly Report, during the 2008-2017 era in the United States, it was estimated that 4,535 pool chemical injuries were registered in the emergency department annually. This has increased the demand for pool chemicals. Some of the key players profiled in the study are Lonza Group (Switzerland), FMC Corporation (United States), NC Brands L.P. (United States), Haviland Pool (United States), Occidental Chemical Corporation (United States), Axiall Corporation (United States), Lanxess AG (United States), Monsanto Company (United States), Olin Corporation (United States) and Nippon Soda (Japan).
On the basis of geography, the market of Pool Chemicals has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Sales Channel, the sub-segment i.e. Specialty Stores will boost the Pool Chemicals market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Demand in Residential Pools
- Reduction of Most Bacteria and Viruses in Water
- Increasing Use of Trichlor Pool Chemical
- Inhaling May Cause the Most Common Injury
- Increasing Awareness towards the Water Cleanliness in Pools
- Growing Resident Construction Activities in the Emerging Economies
- Handling of Pool Chemicals
Major Market Developments:
In October 2019, Lonza completed the acquisition of Arch brand, a subsidiary of Arch Water which is known in the swimming pool industry for water quality and testing products. This acquisition strengthens the Lonzaís microbial control business.
In 2016, Lonza entered into strategic partnership with ConnectedYard Form, maker of the pHin Smart Water Care device. This collaboration will enable pool and spa retailers to sell the WiFi-enabled water monitor, which will fuel further sales of chemicals.
Pool Maintenance Companies, Traders, Importers, and Exporters, Raw Material Suppliers and Distributors, Research and Service Provider Firms, Government and Research Organizations and Associations and Industry Bodies
Major Objectives Focused through this Study
To define, describe, and forecast the Global Pool Chemicals market on the basis of product [Trichlor, Dichlor, Cal Hypo, Liquid Chlorine, Algaecides, Balancers and Specialty Products] , application [Residential Pool and Commercial Pool], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Pool Chemicals market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Pool Chemicals industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are Nankai Chemical Group (Japan), Coastal Chemical Inc. (United States), SunGuard (United States) and Tosoh Corporation (United States).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Pool Chemicals market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.