DUBLIN, April 14, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Water Treatment Chemicals Market by Type, by Application - Global Forecast to 2020" report to their offering.
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The global water treatment chemicals market is projected to reach USD 24.94 billion by 2020, registering a CAGR of 4.53% between 2015 and 2020.
The U.S., Canada, China, India, Germany, Brazil, South Korea, and Saudi Arabia are the major water treatment chemicals markets in the world. Rising demand from end-use industries for quality water supply and extensive cost savings due to low prices of the chemicals involved are majorly driving the water treatment chemicals market, globally.
Oil & gas is a major industry for the water treatment chemicals market and is growing at the highest rate. In the emerging as well as developed economies such as China. India, U.S., Canada, Venezuela, Mexico, and the GCC countries, the scope for oil & gas production and processing is huge and continuously growing. Newly found oil & gas fields in Brazil, oil reserves in Venezuela, shale oil reserves in China and India, and also oil & gas reserves in Africa will further drive the market for water treatment chemicals in the oil & gas industry.
Asia-Pacific is the fastest-growing market for water treatment chemicals, in terms of value and volume. Growing number of automotive, increasing population, rapid urbanization, increasing scope of oil & gas exploration and production, and availability of low-cost labor and affordable raw material prices in the region are responsible for the high growth of the market.
China dominates the water treatment chemicals market in the Asia-Pacific region. Its consumption of water treatment chemicals has grown significantly and is expected to witness further growth in the near future. The high growth of water treatment chemicals market in China is a result of the growing population, oil & gas, refining, power, and mining industries.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 WTCs Market, By Type
8 WTCs Market, By Application
9 WTCs Market, By Region
10 Competitive Landscape
11 Company Profiles
- Akzo Nobel N.V.
- Ashland Corporation
- BASF SE
- BAW Water Additives UK Limited
- Buckman Laboratories International Inc.
- Cortec Corporation
- Ecolab (Nalco Company)
- GE Water & Process Technologies
- Kemira Oyj
- Lonza Group Ltd.
- The DOW Chemical Company
For more information visit http://www.researchandmarkets.com/research/2b2d27/water_treatment
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SOURCE Research and Markets