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The Global Water Treatment Chemicals Market is projected to reach USD 55.61 billion by 2028, growing at a CAGR of 5.8% during the forecast period. The high demand for water treatment chemicals in the power generation sector & handsome increase in demand in the chemical manufacturing industry is expected to steer the water treatment chemicals market during the forecast period.
Key Developments in the Water Treatment Chemicals Market:
• On 2nd May 2017, Chembond Chemicals (India) completed the acquisition of ChembondSolenis Water Technologies (CSWTL) from Solenis Netherlands B.V., this move enables Chembond Chemicals to improve their presence in the Scandinavian market.
• In 2009, Thermax (India) signed a technology agreement with global leaders GE Water, USA and WehrleUmwelt GmbH, Germany for advanced wastewater treatment
-Market Segmentation:
-By Product Type:
• Flocculant
• Coagulant
• Biocide & Disinfectant
• Defoamer & Defoaming Agents
• pH Softener
• Scale & Corrosion Inhibitors
-By End-Use Industry:
• Power Generation
• Oil & Gas
• Chemical Manufacturing
• Metallurgy & Mining
• Municipal
• Food & Beverages
• Pulp & Paper
Companies Covered: KemiraOyj, GE Water & Process Technologies, BASF-SE, Ion Exchange (I) Pvt. Ltd., Ecolab, Kurita Water Industries Ltd, Thermax Ltd., DorfKetal, SNF Floerger, Chembond India Ltd., and Vasu Chemicals.
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