Water Treatment Chemicals Market

April 11th 2016 Mumbai, India: Bharatbook.com announces a report on “ Water Treatment Chemicals Market by Type (Corrosion Inhibitors, Scale Inhibitors, Coagulants & Flocculants, Biocides & Disinfectants), by Application (Municipal Water Treatment, Power Generation, Chemical, Oil & Gas, Metal & Mining) - Global Forecast to 2020 ”. Its consumption of water treatment chemicals has grown significantly and is expected to witness further growth in the near future.

Growing demand for chemically treated quality water from various end-use industries and comprehensive cost savings driving the market

The Global Water Treatment Chemicals market is projected to reach USD 24.94 billion by 2020, registering a CAGR of 4.53% between 2015 and 2020. The U.S., Canada, China, India, Germany, Brazil, South Korea, and Saudi Arabia are the major water treatment chemicals markets in the world. Rising demand from end-use industries for quality water supply and extensive cost savings due to low prices of the chemicals involved are majorly driving the water treatment chemicals market, globally.

Oil & gas application – Fastest-growing application segment for water treatment chemicals

Oil & gas is a major industry for the water treatment chemicals market and is growing at the highest rate. In the emerging as well as developed economies such as China. India, U.S., Canada, Venezuela, Mexico, and the GCC countries, the scope for oil & gas production and processing is huge and continuously growing. Newly found oil & gas fields in Brazil, oil reserves in Venezuela, shale oil reserves in China and India, and also oil & gas reserves in Africa will further drive the market for water treatment chemicals in the oil & gas industry.

Asia-Pacific - The fastest-growing market for water treatment chemicals

Asia-Pacific is the fastest-growing market for water treatment chemicals, in terms of value and volume. Growing number of automotive, increasing population, rapid urbanization,...