Swimming Pool Chemicals Market to grow at CAGR 3.5%, market value to reach USD 5254 million by 2030
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Global Swimming Pool Chemicals Market size stood at USD 3,905 Million in the year 2021, is set to grow at CAGR 3.5% and market value to reach USD 5254 million by 2030, as per market research firm Acumen Research and Consulting. Swimming pool chemicals are used to treat water used in swimming pools and to kill microorganisms. They keep the water clean and balance the pH level. Swimming pool chemicals are generally produced in?powder, liquid forms, and concentrates. Growing number of swimming sport events is a leading factor that is driving the swimming pool chemicals market. Increasing number of hotels, villas, and resorts are?considered a popular swimming pool chemicals market trend that is fueling the industry demand.?
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Dynamics of Swimming Pool Chemicals Market:?
The factors driving the demand for Swimming Pool Chemicals are increasing adoption of swimming pools in schools, maintaining standards for international sport events for swimmers, increase in the number of fitness enthusiasts, growing popularity of swimming as a recreational activity. Increased tourism which is prompting many hotels and resorts to build and maintain swimming pools.?Swimming helps build endurance, reduce stress, increase muscle strength, and cardiovascular fitness, and tones the muscles. These benefits associated with swimming have?increased spending on the construction of private swimming pools.?
Swimming Pool Chemicals Regional market overview?
North America dominated the swimming pool chemicals market and will continue to do so over the forecast timeframe, given the rise in the construction of?residential and commercial swimming pools. US has over?10 million swimming pools.?Americans spend around USD?4 billion on maintaining swimming pools annually. Furthermore, increased swimming athletic events, expansion in swimming as recreational activity, together with increase in consumer awareness regarding the water-based sickness caused by filthy swimming pool water are noted as some of the important reasons boosting North American swimming pool chemicals sector.?
Asia-Pacific set to have?high amount of growth in the swimming pool treatment chemicals market due to rising fitness industry, rising urbanization, together with increasing constructional activities, growing disposable income,?along with a robust tourism industry all across the region and growing number of resorts and hotels.?
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Swimming Pool Chemicals market players:?
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Global basic chemicals market made up for?USD 668 billion?in 2021, market value to reach?USD 943 billion?by 2030 at CAGR of 4.1%.?
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