Pool Chemical Market Size, Share, Growth, And Industry Analysis, By Type (Trichlor, Dichlor, Cal Hypo, Liquid Chlorine, Algaecides, and Others), By Application (Residential Pool, and Commercial Pool), Regional Insights, and Forecast To 2031

Updated On: 08 April 2024

Pool Chemical Market Report Overview

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The global pool chemical market size was USD 1928.03 million in 2021 and market is projected to touch USD 3012 million by 2031, at a CAGR of 4.56% during the forecast period.

In every part of the world, swimming pools are viewed as a symbol of luxury and sophistication. In recent years, swimming pools have become increasingly popular among fitness enthusiasts for their routine exercise, resulting in their high adoption. Since swimming pools have become more popular, chemicals have become increasingly used for maintaining them.

The purpose of swimming pool chemicals is to prevent diseases from spreading. Thus, these chemicals are used on a regular basis. The market is expanding with a significant growth rate in the last few years with the rising utilization of the product mainly in the commercial sector. The market is split by type, application, and region. The product based on types such as liquid chlorine and algaecides is attributed to accelerate the growth of the market with a substantial CAGR during the forecast period and the commercial application is expected to gain the highest demand for the product in the future.

COVID-19 Impact: Prohibition on Water Activities Hinder the Market Growth during the Pandemic

The restrictions of the COVID-19 pandemic have hindered several business industries including the hotel business, and sports events which directly impacted the swimming pool chemical market during the coronavirus outbreak. Due to prevent the virus emission, water activities or swimming pools were prohibited throughout the global health crisis. Resulted, the demand for swimming pool chemicals decreased. However, as restriction has been lifted from the industry and the market is experiencing a boost in the demand and supply of the product which is expected to flourish in the upcoming years.

Latest Trend

"Growing Trends of Amusement Park and Water Activities are Expanding Market Opportunities"

The swimming pool chemical market is expected to witness exponential growth in the future as the growing trend of water or swimming activities is increasing. The rising hotel and resort industry will contribute to the growth of the market. Additionally, the market is anticipated to witness considerable growth owing to the rising number of amusement parks that offer swimming pools and water activities and require chemicals for their maintenance, as well as, the growing trend of residential swimming pool accelerating the growth opportunities for the market during the projection period

Pool Chemical Market Segmentation

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• By Type Analysis

According to type, the market can be segmented into Trichlor, Dichlor, Cal Hypo, Liquid, Chlorine, Algaecides, and Others.

• By Application Analysis

The market can be divided based on application into Residential Pool, and Commercial Pool.

Driving Factors

"Growing Hotel & Resort Industries Fuel the Demand for Swimming Pool to Drive the Market Growth[PS1] "

The swimming pool chemical market has seen exponential growth in the last few years. The market is anticipated to grow with several factors such as an increasing number of hotels and resorts, and a rising number of swimming pools in developing countries due to rapid growing urbanization and an increase in swimming as a recreational activity. Along with this, high demand for residential swimming pools owing to the rising spending power and disposable income of the general population all over the world.

"Rising Swimming Sports Activities Worldwide Escalate the Growth of the Market"

Another driving factor of the swimming pool chemical market is the growing trend of sports activities locally and internationally. World swimming championships or Olympics are the major sports events that are expected to contribute to augment the demand for swimming pools and chemicals for their maintenance. Along with this, the growing demand for swimming pools in schools or institutes is also one of the factors to drive the pool chemical market growth in the coming years.

Restraining Factors

Risk of Skin Disease and Inclination towards Natural Pools Might Hamper the Evolution of the Market

Swimming pool activities are gaining popularity across the world and the market is driven by various factors. However, the market can be obstructed by the risk of skin disease arising from exposure to high chemical quantities which may impede the demand for the product, particularly, in the residential sector. Along with this, surging preference for natural swimming pools will consider other factors that can confine the market growth during the forecast period.

Pool Chemical Market Regional Insights

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"North America Dominates the Market due to the Abundant Raw Material Resources and Mature Manufacture Methods in the Region "

In terms of regional insights, North America dominates the pool chemical industry and, is likely to continue to hold tremendous shares of the market based on revenue during the projection time frame. The U.S. is the biggest market in the region and around one-third of the pool chemical market shares are held by the country in the region. Owing to abundant raw material resources and mature manufacturing process, a large number of swimming pools including commercial and residential, the highest swimming sports activities, awareness about water base illness, and so on are the factors that drive the market in the region.

Key Industry Players

"Key Players Supply a Variety of Products to Gain Highest Profit with Collaboration Tactics "

The prominent key industry players of the pool chemical market avail themselves by market opportunities based on the market segments, variety of product types such as Trichlor, Dichlor, Cal Hypo, Liquid, and Chlorine are the largest segments where key players generate the highest profit. As well as, product suppliers contract with hotels and resorts and sports club to collaborate which contribute to gain the highest market revenue for the major players of the market. The key players of the market such as Ecolab, KIK Custom Products, Phoenix Products Co, Oreq Corporation, Bio-dex, Haviland Pool & Spa, and others are the leading companies that influence the market growth by their competitive strategies, acquisition, mergers, and collaboration and partnership with fellow competitors.

List of Market Players Profiled

• Solenis
• Ecolab
• KIK Custom Products
• Phoenix Products Co
• Oreq Corporation
• Bio-dex
• Haviland Pool & Spa

Report Coverage

This report describes the pool chemical market. It emphasizes the market value, expected CAGR, and USD value over the forecast period, before and after the impact of the COVID-19 pandemic restrictions on the international market, and how the industry is going to turn the corner is also stated in the report. The report provides significant market data with its product type and product applications, end-use details, and an idea of the market growth in the future. This report also provides an understanding of the growing market trends and developments and their effects on the market growth, driving factors along with restraining factors that impact the market dynamics. Along with this, the leading region, key players of the market, and their tactics to beat the market competition, sustainable policies, their collaboration, mergers, companies’ profile, previous years’ revenue, profit & loss, and market position based on their share value in the market, are also explained in the report