India Water & Wastewater Treatment Chemicals Market to Reach $ 950 million Sales by 2026: TechSci Research Forecast

Increasing number of water treatment projects in municipal sector, rapid industrialization and stringent government policies to drive India water & wastewater treatment chemicals market

NEW YORK, March 20, 2017 /PRNewswire-iReach/ -- According to TechSci Research report, "India Water & Wastewater Treatment Chemicals MarketBy Type, By Application, Competition Forecast & Opportunities, 2012 – 2026", India water & wastewater treatment chemicals market is projected to reach $ 950 million by 2026. Growth in the market is anticipated on account of growing industrial and municipal sectors and favourable government policies. Moreover, progressive evolution of the country from agrarian to industrial economy has resulted in strong growth in demand for water & wastewater treatment chemicals from the industrial sector. Depleting freshwater reserves coupled with growing focus towards water conservation are further aiding global water & wastewater treatment chemicals in India.

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"India Water & Wastewater Treatment Chemicals Market"

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Growing industrial sectors coupled with favourable government policies such 'Zero Liquid Discharge' are making an increasing number of industries to treat wastewater for reuse. Indian pharmaceutical industry stood at USD37 billion in 2016, and grew at a CAGR of 17% in the last five years. With growing developments and increasing investments by public as well as private entities, the country's pharmaceutical sector is poised to grow at a robust pace during forecast period, thereby positively influencing India water & wastewater treatment chemicals market.

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"With growing environmental concerns, the Government of India has launched policies to control and improve the quality of water in the country. The Ministry of Water Resources launched "National Water Policy" to focus on water standards of the country due to growing industrialization and considerable increase in water pollution levels. Thus, the demand for water & wastewater treatment chemicals in India is expected to grow at a robust pace in the coming years.", said Mr. Karan Chechi, Research Director at TechSci Research, a research based global management consulting firm.

"India Water & Wastewater Treatment Chemicals Market By Type, By Application, Competition Forecast & Opportunities, 2012 – 2026" has evaluated the future growth potential of India water & wastewater treatment chemicals market and provides statistics and information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in India water & wastewater treatment chemicals market.

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2017

Categories

Science & Tech


Tags

Alternative Energies, Utilities, Water Utilities, Chemical



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