Global Water Treatment Chemicals (WTC) Market Expected to Grow from $22,351.3 Million in 2011 to $26,988 Million by 2016.
(PRWEB) October 06, 2012
The report “Water Treatment Chemicals Market By Types, Applications and Trends (Forecast to 2016) ”, as the name suggests, defines and segments the global WTC market with analysis and forecasts of various water treatment chemicals’ consumption volumes, revenue across each segment and applications. It also identifies driving and restraining factors for the market with analysis of trends, opportunities, and challenges. The market is segmented and forecasted on the basis of major geographies such as North America, Europe, Asia-Pacific, and Rest of the World (ROW). The market is further segmented on the basis of applications and geography.
Browse more than 122 market data tables / figures spread across 326 pages and an in-depth TOC on “Water Treatment Chemicals Market By Types, Applications and Trends (Forecast to 2016)”.
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The global water treatment chemicals market is expected to grow from $22,351.3 million in 2011 to $26,988 million by 2016 at a CAGR of 3.8% from 2011 to 2016. Asia-Pacific held the largest share; i.e. 35.9% in the global water treatment chemicals’ market in 2011 and is expected to grow at the highest CAGR of 4.3% to reach $9,877.6 million by 2016. Germany has the second largest market share in the water treatment chemicals’ market in Europe. China held the largest share of 54% in the water treatment chemicals’ market in Asia-Pacific. Canada held the second largest share in the water treatment chemicals’ market in North America.
As of 2011, majority of the water treatment chemicals was used by the Industrial water treatment segment (62.9%). Power generation held the largest share (23.3%) of the global industrial water chemicals’ market and is expected to grow at a CAGR of 5.6% up to 2016. Food and beverage industry sector held the second largest share (18%) of the global industrial water chemicals’ market and is expected to grow at a CAGR of 4.3% to reach 1,864.6 million pounds by 2016.
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