Market Size of Asia-Pacific Water Treatment Chemicals Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 7.00 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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APAC Water Treatment Chemicals Market Analysis
The market for water treatment chemicals in Asia-Pacific is expected to grow at a CAGR greater than 7% during the forecast period. One of the major factors driving the consumption of water treatment chemicals is the rising ground and surface water pollution. However, the hazardous nature of hydrazine is expected to restrain the market studied 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.
- Corrosion inhibitors accounts for the major share of the market among the end-user industries currently and is expected to continue its dominance during the forecast period.
- China dominated the Asia-pacific water treatment chemicals, owing to the high demand from end-user industries like Power and chemical manufacturing in the country.
