Market Size of Germany Water Treatment Chemicals Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 4.00 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Germany Water Treatment Chemicals Market Analysis
The market for water treatment chemicals in Germany is expected to grow at a CAGR of above 4% during the forecast period. Rising ground and surface water pollution is a major driving factor for the market studied. However, the hazardous nature of Hydrazine is restraining the demand for water treatment chemicals in the country.
- Some of the other driving factors of the market include increasing demand from the power and industrial sectors in the country
- Shifting focus towards green chemicals is likely to offer a major growth opportunity for the market studied in the coming years.
- Among the end-user industries, power generation accounts for the major market share and is expected to maintain its position during the forecast period.
