Rising health awareness among people, changing lifestyles, increase in construction of comfortable apartments with swimming pools are driving growth
NEW YORK CITY, NEW YORK, USA, August 5, 2022 /EINPresswire.com/ — The Global swimming pool chemicals market The size was significantly robust in 2020 and is expected to register a rapidly increasing revenue CAGR over the forecast period. Swimming pools are envisioned as a luxurious and sophisticated lifestyle. The increasing health awareness among people, changing lifestyles, increasing construction of comfortable apartments with swimming pools, rising standard of living and increasing inclination towards the use of swimming pools for routine exercise are key factors expected to drive the market revenue growth over the forecast period.
Pool chemicals help keep the water clean. It removes particulate organic matter, including microorganisms such as viruses, bacteria and protozoa; anthropogenic particles such as skin or hair cells; and items of personal care products such as skin protectants brought into the pool by people. These chemicals are used regularly for maintenance purposes and to keep swimmers safe from various diseases. It is important to carefully handle the chemical balance in swimming pools, as poorly balanced water can damage various parts of the pool and can also irritate swimmers’ eyes and skin.
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Lonza, AGC, FMC, Solvay Chem, Olin, BASF, Axiall, Occidental, Akzo Nobel, Arkema, Zodiac, Nippon Soda, Nissan Chemical, Zeel Product, Robelle, Clorox Pool & Spa, Nanke, Surpass Chem, Ineos, Jiheng Chemicals, and Weilite.
Analysis of key factors:
Rising income levels and hectic lifestyles of people, along with the growing need for physical activities to alleviate stress are resulting in increased preference for all amenities including swimming pools within the same infrastructure . This should lead to an increase in the construction of luxury apartments and corporate offices with swimming pools, gyms, spas and other amenities. Additionally, hotels and resorts are increasingly installing swimming pools to attract tourists, thereby increasing revenue opportunities. Additionally, the growing adoption of swimming pools in schools, coupled with the need to maintain international sporting event standards for swimmers, is driving the need for pool maintenance. These are some of the major factors that are expected to drive the revenue growth of the global swimming pool chemicals market during the forecast period.
The balance of chemicals in pool water is essential because an imbalance can damage various parts of the pool and also cause the water to be cloudy. In addition, a high dose of chemicals in swimming pool water can lead to skin diseases and eye irritation in human beings. These are major factors that might limit the growth of the global market to some extent during the forecast period.
Segments covered in the report:
Chemicals Type Outlook (Revenue, USD Billion; 2018-2028)
Application Outlook (Revenue, USD Billion; 2018-2028)
Residential swimming pool
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Regional Outlook (Revenue, USD Billion; 2018-2028)
The rest of Europe
Rest of APAC
Rest of LATAM
Middle East and Africa
United Arab Emirates
Rest of MEA
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