Product ID: SQMIG15E2335
Report ID:
SQMIG15E2335 |
Region:
Global |
Published Date: March, 2024
Pages:
184
|
Tables:
67 |
Figures:
77
Asia-Pacific currently holds the largest share of the global market for water treatment chemicals and is anticipated to expand at a CAGR of 5.55% over the projected period. The industrial water treatment chemicals market is dominated by Asia-Pacific. China, Japan, India, Australia, South Korea, and the rest of the Asia-Pacific area are the main countries reporting the trend of water treatment chemicals. The market for water treatment chemicals in the Asia-Pacific region is dominated by China. Thanks to end-user industries like power, the chemical industry, mining, food processing, and others, China's economy is expanding quickly. These industries need water as an input or as a byproduct of producing wastewater.
Over the projection period, North America is expected to expand at a CAGR of 5.20%. Due to a rise in demand for water and wastewater treatment from the industrial and municipal sectors in the North American area, the market for chemicals used in water treatment will grow during the anticipated period. Drinking water treatment is becoming more prevalent in this area due to contamination and a scarcity of pure water. The most popular chemical for safe drinking water treatment in homes in the United States and Canada is chlorine. The U.S. Environmental Protection Agency (EPA) is responsible for enforcing laws governing drinking water and wastewater under the Clean Water Act (CWA), which boosts the market for chemicals used in water treatment.
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Product ID: SQMIG15E2335