Market Size of Asia-Pacific Boiler Water Treatment Chemicals Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 6.00 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Asia Pacific Boiler Water Treatment Chemicals Market Analysis
The market for boiler water treatment chemicals in Asia-Pacific is expected to grow at a CAGR of around 6% during the forecast period. One of the major factors driving the consumption of boiler water treatment chemicals is the accelerating usage in the power industry. However, the hazardous nature of hydrazine is restraining the demand for boiler water treatment chemicals during the forecast period.
- The shifting focus onto the usage of green chemicals is likely to provide a major growth opportunity for the market studied during the forecast period.
- Among the Asia-Pacific countries, China accounted for the largest market share currently and is expected to dominate the market during the forecast period.
