Water Treatment Cyanuric Acid Market Size, Share, Growth, and Industry Analysis, By Type (Dry Basis & Wet Basis), By Application (Pool and Spa, Infection Prevention and Control, Industrial Water Treatment & Others) and Regional Insight and Forecast to 2032

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WATER TREATMENT CYANURIC ACID MARKET REPORT OVERVIEW

The global water treatment cyanuric acid market size expanded rapidly in USD 0.04 billion 2023 and the market is projected to grow substantially by USD 0.06 billion in 2032, exhibiting a prodigious CAGR at 5.8% during the forecast period.

Cyanuric acid is a chemical compound that is widely used in water treatment especially for swimming pools. As a chlorine stabiliser, it protects chlorine against degradation by sunlight UV rays. Therefore, the effectiveness of chlorine lasts longer guaranteeing safe and clean waters for prolonged periods. The major drivers of cyanuric acid utilisation include; its efficacy in purifying water, reduction in the frequency of chlorine application and its rising use in agriculture as slow release nitrogen fertiliser.

There are various factors driving the growth in the water treatment cyanuric acid market such as, increased government initiative for safe water environment and rising demand for pool maintenance products are the reasons driving market growth. The cruciality of maintaining optimal cyanuric acid levels cannot be overstated. When present in excess, they may cause problems like "chlorine lock" which makes chlorine incapable of keeping water clean anymore. Thus, periodic tests and ongoing measures should be undertaken to ensure that these levels remain safe.

COVID-19 IMPACT

"Shut down of Industries Led to Decreased Market Demand"

The global COVID-19 pandemic has been unprecedented and staggering, with the water treatment cyanuric acid market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

The coronavirus disease calamity has great influence on the cyanuric acid market for water treatment facilities mainly because of industry lockdowns and reduced activities. The closure or partial operation of public swimming pools, leisure centres, and industrial locations led to a decline in the demand for cyanuric acid. Therefore, less amount was produced and distributions were paralyzed. In addition, many establishments reduced their expenses due to economic uncertainty and thus diminished the amount of water treatment chemicals. However, as industries started to open, the market began to revive; but an overarching influence brought about by COVID-19 was significant.

LATEST TRENDS

"Developing Sustainable and Eco-friendly Cyanuric Acid is a Latest Trend"

One major trend in the cyanuric acid water treatment market is the production of different types of solutions that can resolve such environmental issues. This means that more manufacturers are engaged in the production of cyanuric acids that are environmentally friendly by adopting green principles and renewable materials. These innovations strive at reducing negative substances as well as enhancing their ability to decay in nature. With enforced restrictions placed on emissions of toxic chemicals and an increased understanding of ecological issues among consumers, there has been a rise in demand for green cyanuric acid products. Such a transition is meant to deal with environmental challenges as well as make the market attractive to customers who are concerned about nature’s integrity and organisations responsible for ensuring compliance with laws on conserving it.

WATER TREATMENT CYANURIC ACID MARKET SEGMENTATION

By Type

Based on type the global water treatment cyanuric acid market can be categorized into Dry Basis & Wet Basis.

• Dry Basis: Dry cyanuric acid is present in the powder form and it is used in various water treatment plants and pools.

• Wet Basis: Wet cyanuric acid is available in the liquid form. It is stored in the bottles and is more effective than dry form.

By Application

Based on application the global market can be categorized into Pool and Spa, Infection Prevention and Control, Industrial Water Treatment & Others.

• Pool and Spa: The cyanuric acid is used in the pools and spa to enhance effectiveness of the chlorine.

• Infection Prevention and Control: It also works as a disinfectant and is used in various places to prevent and control infection.

• Industrial Water Treatment: In the waste water treatment industries it is used to treat waste water into clean water.

• Others: The other used of cyanuric acid are in agriculture & other industries.

DRIVING FACTORS

"Government Initiative for Safe Water Environment Boost the Market"

One of the key driving factors in the global water treatment cyanuric acid market growth is the increased government initiatives for a safe water environment. Governments all around the globe have begun putting tighter regulations on water quality and advocating policies that will help provide clean and safe drinking water for better health outcomes. Such initiatives include financing for water treatment facilities, regulatory frameworks establishment, and promotion of modern water purification technologies. The need for efficient chemicals used in treating cyanuric acid has gone up sharply thereby accelerating growth in the chemical market and ensuring adherence to safety regulations..

"Rising Demand for Pool Maintenance Products Expand the Market"

Another driving factor in the global market is the rising demand for pool maintenance products among pool owners. Pool owners are increasingly investing more in maintenance products with safe and clean water in mind, thanks to a rise in residential pools and more concern for health and hygiene. The need for cyanuric acid, which plays an important role in stabilising chlorine and prolonging its efficiency, is particularly high. Homeowners are driving this trend for optimal pool conditions that guarantee a safer swimming area and minimise the frequency of chlorine refills while also lowering their costs.

RESTRAINING FACTORS

"Impact on Human Health and Environment Impede Market Growth"

One of the key restraining factors in the global water treatment cyanuric acid market is the impact of cyanuric acid on human health and environment. High levels can cause damage to your lungs or skin; furthermore it cannot leave this planet so long we’re around here – hence it builds up inside river basins. Because of these hazards to human health and nature itself, governments are interested in regulating these substances. They do not want them being used all over the place because one loves a healthy life – though it is good for water purification purposes. Therefore, even with all the advantages associated with its use in drinking-water treatment, market expansion remains limited.

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WATER TREATMENT CYANURIC ACID MARKET REGIONAL INSIGHTS

"North America Region Dominating the Market due to Tight Sanitary Regulation in the Region"

The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa.

North America has emerged as the most dominant region in the global water treatment cyanuric acid market share due to several factors. The North America region dominates the global water treatment cyanuric acid market due to stringent sanitary regulations. In the United States and Canada it is a must to conform to strict water quality requirements which leads to a demand for effective substances used in treating water. So such kind of rules require using agents such as cyanuric acid that help keep the strength of chlorine when bathing pools are involved both in public areas and individuals’ homes.

KEY INDUSTRY PLAYERS

"Key Industry Players Shaping the Market through Innovation and Market Expansion"

The water treatment cyanuric acid market is significantly influenced by key industry players that play a pivotal role in driving market dynamics and shaping consumer preferences. These key players possess extensive retail networks and online platforms, providing consumers with easy access to a wide variety of water treatment process options. Their strong global presence and brand recognition have contributed to increased consumer trust and loyalty, driving product adoption. The collective efforts of these major players significantly impact the competitive landscape and future trajectory of the market.

List of Top Water Treatment Cyanuric Acid Companies

• Occidental (U.S.)
• Shandong Daming Disinfection (China)
• Hebei Chengxin Group (China)
• Hebei Jiheng (China)
• Heze Huayi (China)
• Juancheng Kangtai (China)
• Shandong Wolan Group (China)
• MingDa Chemical (China)
• HeBei HaiDa Chemical (China)

INDUSTRIAL DEVELOPMENT

November 2023: In accordance with their latest press release, Kemira will make substantial investments in the production capability of its water treatment chemicals in the UK. This was said by Kemira during a meeting with journalists in the country.

REPORT COVERAGE

The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.

The research report delves into market segmentation, utilizing both qualitative and quantitative research methods to provide a thorough analysis. It also evaluates the impact of financial and strategic perspectives on the market. Furthermore, the report presents national and regional assessments, considering the dominant forces of supply and demand that influence market growth. The competitive landscape is meticulously detailed, including market shares of significant competitors. The report incorporates novel research methodologies and player strategies tailored for the anticipated timeframe. Overall, it offers valuable and comprehensive insights into the market dynamics in a formal and easily understandable manner.