BIS Research - Emerging Technology Market Intelligence

Water Treatment Chemicals Replacing Conventional Treatment Methods

Mar 5, 2018 7:07:26 AM / by BIS Research posted in Global Water Treatment Chemicals Market, Global Water Treatment Chemicals Market report, Global Water Treatment Chemicals Market research r, global water treatment market, water treatment chemicals industry, Water Treatment Chemicals Market forecast, Water Treatment Chemicals Market share, Water Treatment Chemicals Market size, Water Treatment Chemicals Market trends, Advanced Materials & Chemicals, water treatment chemicals industry analysis, water treatment chemicals market

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Increased globalization, surge in waste water volumes, and depleting resources of fresh water have led to an increase in the supply and demand gap for water globally. According to the market report by BIS Research titled, ‘Global Water Treatment Chemicals Market -Analysis and Forecast (2017-2021)’, it is estimated that the water treatment chemicals market will reach a value of $24.33 billion by the year 2021, registering a CAGR of 5.3% from 2017 to 2021. This growth is justified by the rising demands from high end sectors such as oil & gas, pulp & paper, and mining industries. Furthermore, the water treatment industry is expected to escalate in developing and under developed economies, due to the rise in waste water volume, increasing water demand and stringent regulations, among others.

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