Market Size of China 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 |
Need a report that reflects how COVID-19 has impacted this market and its growth?
China Water Treatment Chemicals Market Analysis
The market for water treatment chemicals in China is expected to register at a CAGR above 7% during the forecast period.
COVID-19 positively impacted the market as the large-scale water treatment across cities and municipalities became extremely important to curtail the virus spread.
- Increasing demand from the power industry is a major driving factor for the market studied.
- However, stringent standards for wastewater treatment are restraining the water treatment chemicals demand in the country.
- Some other driving factors of the market include reduced freshwater content from saltwater intrusion and adverse climatic conditions.
- Increasing demand for wastewater treatment from renewable energy solutions (biosolids and biogas) will likely offer a significant growth opportunity for the market studied in the coming years.
- Among the end-user industries, the power industry accounts for a significant market share and is expected to maintain its position during the forecast period.
