Market Size of India Cooling Water Treatment Chemicals Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 8.00 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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India Cooling Water Treatment Chemicals Market Analysis
The market for cooling water treatment chemicals in India is expected to grow at a CAGR of above 8% during the forecast period. Increasing demand from the power industry is a major driving factor for the market studied. However, the increasing popularity for chlorine alternatives is restraining the demand for water treatment chemicals in the country.
- Among the end-user industries, power sector accounts for the largest market share and is likely to dominate the market during the forecast period.
- Shifting Focus toward the Usage of Green Chemicals is expected to provide a major growth opportunity to the market studied in the future.
- Among the product types, corrosion inhibitors are expected to account for the highest market share and is likely to dominate the market during the forecast period.
