East Asia Will Account for 32% of the $26 Billion Water and Wastewater Treatment Chemicals Market in 2015
Rapid expansion of municipal wastewater treatment, power generation and other major industries consuming water and wastewater treatment chemicals will boost the East Asian sector to $8.3 billion in sales of treatment chemicals in 2015. However, the biggest percentage growth will be in West Asia where the market will almost double in the five year period.
In East Asia in 2015 power will account for 25 percent of the chemicals purchased. Municipal wastewater treatment will account for 21 percent. Growth in mining, steel and refining will also add to the totals. Corrosion inhibitors will be the leading product with 21 percent of the East Asian sales. However, the combination of inorganic and organic flocculants and polymers will account for 25 percent of the East Asian market according to markert researchers McIlvaine (USA).
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