Water Treatment Chemicals Market is to Reach US$149.8 mn by 2018 | Page 2

Water Treatment Chemicals Market
REPORT DESCRIPTION
Water Treatment Chemicals and Technology Market - Global Scenario , Trends , Industry Analysis , Size , and Share and Forecast 2011 – 2018
Over the last few years , the global water treatment chemicals and technology market has been exhibiting steady growth . The market is gaining impetus from the increasing demand for freshwater across the globe . The rising depletion of freshwater reserves around the world has therefore created significant opportunities for the water treatment and chemicals market . Besides this , stringent government regulations , increasing population , rapid industrialization , and the demand for clean and fresh water are the chief market drivers .
The market has been witnessing lucrative opportunities mostly in developed regions as these they boast technology progression , higher demand for equipment replacement , and are at the fore of adopting the latest in technology . However , it has been witnessing occasional fluctuations in terms of generating revenue for water treatment chemicals and equipment makers .
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Nevertheless , TMR forecasts the global water treatment chemicals and technology market to exhibit a CAGR of 3.8 % between 2013 and 2018 . At this pace the market , which had a valuation of US $ 115.8 mn in 2012 , is expected to reach US $ 149.8 mn by the end of 2018 .
Regionally , Europe , North America , Asia Pacific , and Rest of the World constitute the key market segments . With a share of nearly 31.5 % North America ’ s dominance was sealed in 2011 . However , exhibiting the highest CAGR of 5.1 % over the course of the report ’ s forecast period , Asia Pacific is likely to emerge as the most lucrative market for water treatment chemicals and technologies .
Asia Pacific to Exhibit Lucrative Opportunities in Forecast Period The major regional markets for water treatment chemicals and technology are North America ,
Europe , Asia Pacific , and Rest of the World . Asia Pacific is estimated to rise at a 5.1 % CAGR during the forecast period , exhibiting the highest growth rate . This is expected to result in the emergence of
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