Rising Health Consciousness to Boost Swimming Pool Chemicals

Top 5 Players in Swimming Pool Chemical Industry

Rising Health Consciousness to Boost Swimming Pool Chemicals

The worldwide swimming pool chemical industry is expected to grow remarkably in the next several years. Considering the consistently rising construction activities, the semiconductor sector is also anticipated to present lucrative opportunities for suppliers. Moreover, building residential societies and hotels will surge the demand for swimming pool chemicals. 

Microorganisms of all sizes and life stages are eliminated during swimming pool water treatment procedures. They preserve the pH balance and the cleanliness of the water. Several chemicals are used to keep pH levels stable and reduce shock. Most of the time, concentrates, ready-to-use formulations, powders, and liquids are created for use in swimming pool treatment chemicals. To stop the spread of viruses, the swimming pool is treated with chemicals, including trichloroisocyanuric acid, sodium hypochlorite, liquid chlorine, and bleaching powder. Algae and bacteria are killed by using these substances. The market's growth is being accelerated by the consistent construction of luxury villas and bungalows. 

According to a study by Business Research Insights, the global market for swimming pool chemicals is projected to rise at a CAGR of 4.63% from 2022-2027. In 2021, the market value stood at USD 119.55 million, expected to reach USD 1564.47 million by 2027.  

Business Research Insights Presents the Top 05 Prominent Players in the Swimming Pool Chemical Industry 

1. Olin Chlor Alkali - is a North American company that produces caustic soda, chlorine, hydrochloric acid, industrial bleach, hydrogen, potassium hydroxide, and related products. These chemicals are used to build blocks for plastics, soaps, detergents, pulp and paper products, and many such products. They play a significant role in wastewater treatment and municipal drinking water. 
   
   
2. Nissan Chemical - is a Japanese company. It was founded by Shibusawa Eiichi and Takamine Jōkichi in 1887. Takamine was the chief technical advisor, later renamed Dai Nippon Artificial Fertilizer Company. In July 2018, the company changed its name from Nissan Chemical Industries to Nissan Chemical Corporation. It is now one of the leading players in the chemicals market.
   
   
3. United Chemical Corp - is a non-governmental company that was incorporated in 1963. The company has its headquarters in California, United States.  The company is famous for 4 businesses: performance materials, chemicals, agricultural materials, and pharmaceuticals. They also produce swimming pool chemicals, which helps in preventing the development of bacterias and viruses in the pool water.
   
   
4. Jiheng Chemical - is a Chinese manufacturer of chemicals. It was established in 2001 and is located in the Industrial Park of Hengshui City in Hebei Province. The company manufactures, researches, and trades in the global market. The major product of the company is sodium dichloroisocyanurate (sdic), trichloroisocyanuric acid (tcca), liquid chlorine, hydrochloric acid, ammonium sulfate, caustic soda (32% 50% 99%), cyanuric acid, and general disinfectants. 
   
   
5. Ercros S.A. - is a Spanish company that manufactures basic plastics and chemicals. The company was founded by Francisco Cros, who started fertilizers in Barcelona in 1817. The company provides a diversified range of products, including basic chemicals such as caustic soda, acetaldehyde, ammonia, chlorine, hydrochloric acid, and plastics such as PVC compounds and dichloroethane (EDC). It is one of the leading players in the swimming pool chemicals industry. 

Major Challenges Posed by COVID-19 Pandemic 

Construction Industry Shutdown Impeded Market Expansion 

In swimming pools, chemicals are frequently employed. Due to the building industry's suspension of work on swimming pools, the demand for chemicals was hampered. Also, people stopped using the pools out of increased safety concerns, which reduced the need for pool chemicals. Because of human interaction and how easily it could move from one person to another, the virus was spreading quickly. Commercial pools had to be closed to stop the virus from spreading during the pandemic. The use of gyms, swimming pools, and other public amenities was prohibited. The market's expansion was impeded by these elements.

Major Upcoming Trends in the Industry 

The Trend of Swimming in Pools to Be the Driving Factor in Market

One of the major factors projected to fuel the growth of the pool treatment chemicals market in the foreseeable future is the surge in the popularity of swimming among health-conscious people as a recreational activity. Because of increased residential construction and growth in swimming pools, the market for swimming pool treatment chemicals is also anticipated to grow. The growing popularity of water-based and sports leisure activities among millennials is another factor that is projected to restrain the growth of the market for swimming pool treatment chemicals. On the other hand, it is also projected that developing organic or natural swimming pools in developed countries that use natural filtration technology to clean the water will restrain the industry's growth.