Albany, New York, USA (PRWEB) November 13, 2013
This report is an effort to identify factors, which will be the driving force behind the water treatment chemicals market and sub-markets in the next six years. The report provides extensive analysis of the industry, current market trends, industry drivers and challenges for better understanding of the market structure.
Browse the full report with TOC at http://www.transparencymarketresearch.com/water-treatment-chemicals-market.html
The report has segregated the water treatment chemicals industry in terms of product and geography. We have used a combination of primary and secondary research to arrive at the market estimates, market shares and trends. We have adopted a bottom-up model to derive market size of the water treatment chemicals market and further validated market estimates with the key market participants and C-level executives.
This research is specially designed to estimate and analyze the demand and performance of water treatment products in a global scenario. The research provides in-depth analysis of water treatment product manufacturers, product sales, trend analysis by segments and demand by geography. The report covers all the major product segments of the global water treatment chemicals market and provides historical data and statistically refined forecast for the segments covered.
The process of removing contaminants that are present in the water through different processes in order to make it more acceptable for humans is known as water treatment. Water treatment chemical types used and chemical quantity utilization differ based on location and it also depends on the water quality that includes pH, hardness, alkalinity, and Total Dissolved Solids (TDS). Corrosion and scale inhibitors in the chemical sector formed the largest segment of water treatment chemicals globally.
The global market for water treatment chemicals and technology is expected to grow at a CAGR of 3.8% from 2013 to 2018. In terms of revenues in 2011 the market generated USD 115,809.7 million and is expected to generate USD 149,895.6 million in 2018. The global water treatment chemicals and technology market is driven by various factors such as increasing population, stringent government policies, demand for clean or fresh water for various purposes and increasing industrialization. In developed economies, the major factor contributing to the growth of the water treatment chemical market are equipment replacements, technology progression, and introduction of new and innovative products.
The global water treatment market keeps fluctuating in terms of generating revenues for equipment makers as well as for water treatment chemicals.
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According to a new market report published by Transparency Market Research "Water Treatment Chemicals and Technology Market - Global Scenario, Trends, Industry Analysis, Size, Share and Forecast, 2011 - 2018," the global water treatment chemicals and technology market was worth USD 115,809.7 million in 2011 and is expected to reach USD 149,895.6 million in 2018, growing at a CAGR of 3.8% from 2013 to 2018. In the overall global market, North America is the largest market; however Asia Pacific is expected to be the most promising market in the near future.
The global water treatment chemicals and technology market is driven by various factors such as increasing population, stringent government policies, demand for clean or fresh water for various purposes and increasing industrialization. In developed economies, the major factor contributing to the growth of the water treatment chemical market are equipment replacements, technology up gradation and introduction of innovative products.