Market Size of United States 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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US Water Treatment Chemicals Market Analysis
The United States water treatment chemicals market is expected to witness a CAGR of around 4% during the forecast period. Government initiatives to control production and disposal of wastewater is the major factor driving the growth of the market studied.
- On the flipside, the impact of the COVID-19 pandemic is expected to hinder the growth of the market.
- The increasing focus on treating emerging contaminants is providing opportunities for the market during the forecast period.
- Among the end-user industries, the municipal industry accounts for the major market share and is likely to maintain its position during the forecast period.