HUGE DEMAND FOR WATER TREATMENT CHEMICALS MARKET PREDICTABLE TO WITNESS SUSTAINABLE EVOLUTION BY KEY PLAYERS- KEMIRA OYJ, GE WATER & PROCESS TECHNOLOGIES, BASF SE
In 2015, the world water treatment chemicals market was valued at $23,197.2 million and is expected to grow further at a CAGR of 4.5% during 2016-2022. Water constitutes an essential part of our day-to-day life and pure water is crucial for the well-being of our community. Water is a universal solvent, but solids, such as clay, fine sand, dust, and rust are not soluble in water, resulting in cloudiness and are technically known as total suspended solids (TSS). Water treatment is carried out to decrease these TSS levels as per the end user requirement, and hence, differ depending on the TSS level, location, and application. The market for the world water treatment chemicals comprises various chemicals used in the water treatment processes. Leading players of Water Treatment Chemicals Market: Kemira Oyj, GE Water & Process Technologies, BASF SE, Ecolab Incorporated, BWA Water Additives, Cortec Corporation, The Dow Chemical Company, Buckman Laboratories International Inc., Solvay...