Water Treatment Chemicals Market in India to Grow at Over 9% through 2019, says TechSci Research
BURNABY, British Columbia, June 11, 2014 /PRNewswire/ –
Expansion in Oil and Gas refineries and increasing treated water requirement from
power, chemicals and F&B sectors continues to drive water treatment chemicals market in
Water treatment chemicals are used for the treatment of water in boilers, cooling
towers, and effluents from industries and sewage treatment plants. Growing demand from
municipal and industrial wastewater treatment continues to be the driving factor for
increasing consumption of water treatment chemicals in India. PCPIR (Petroleum, Chemical
and Petrochemicals Investment Region) and Delhi-Mumbai Corridor are expected to boost
investments in the country’s industrial sector over the next decade, which would augment
the water treatment demand, thereby boosting the water treatment chemicals market.
According to a recently published TechSci Research [http://www.techsciresearch.com ]
report, “India Water & Wastewater Treatment Chemicals Market Forecast & Opportunities,
2019 [http://www.techsciresearch.com/2819 ]“, the Indian water & wastewater treatment
chemicals market revenues are expected to grow at a CAGR of over 9% during 2014-19.The
major producers and suppliers of water treatment chemicals in the country include
Nalco-Ecolab, Thermax India Limited, Vasu Chemicals and Ion Exchange India Limited. The
western region of the country is expected to continue its dominance in terms of water
treatment chemicals consumption on account of existing and upcoming oil and gas,
pharmaceutical and chemical manufacturing facilities.
Most of the sewage and industrial effluent remains untreated in the country. Also,
various oil and gas major operating in the country are expected to come up with a number
of brown field and green field expansions over the next five years. The country’s Central
Pollution Control Board (CPCB) has been expressing its concerns about the growing water
pollution in ground water and major rivers in India. All of these factors culminate in
presenting a very positive future for the water treatment industry in India.
“In India’s water treatment chemicals market, corrosion and scale inhibitors accounted
for significant share in revenue terms due to the huge demand from power utilities and oil
refineries. Moreover, the decreasing water availability and rising environmental concerns
are expected to increase the municipal water treatment in India over the next five years”,
said Mr. Karan Chechi, Research Director with TechSci Research
[http://www.techsciresearch.com ], a research based global management consulting firm.
“India Water & Wastewater Treatment Chemicals Market Forecast & Opportunities, 2019
[http://www.techsciresearch.com/2819 ]” has analyzed the potential of the water treatment
chemicals market and provides statistics and information on market sizes, shares and
trends. The report will suffice in providing the intending clients with cutting-edge
market intelligence and help them in taking sound investment decisions. Besides, the
report also identifies and analyzes the emerging trends along with essential drivers and
key challenges faced by the industry.
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SOURCE TechSci Research