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.