Market Research Reports - Ken Research Water treatment in semiconductor industries | Page 2
Industrial water and waste water treatment industry in Philippines registered a five year CAGR
of ~% during 2012-2017. The growth was mainly driven by strict implementation of regulatory
norms by the DENR and scarcity of water promoting the industries to use recycled water.
Increased demand for energy and rise in manufacturing industries has promoted the
development of water treatment industry.
Market Segmentation
By Region: Luzon region of Philippines is the largest market for water treatment industries.
Heavy penetration of industrialization in the metro Manila region was the key driver. Visayas
region with the Cebu city was the second largest contributor. Mindanao region of Philippines
has minimum contribution in water treatment due to high reliance of economy on agriculture
and low industrial penetration.