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PolyDADMAC Powder Coagulant of Mining Water Treatment coagulant price trends

2021-03-03 12:05:12
66

PolyDADMAC Powder Coagulant of Mining Water Treatment coagulant price trends


The APAC region leads the water treatment chemicals market in terms of value.


The global water treatment chemicals market size is projected to grow from USD 39.1 billion in 2021 to USD 61.1 billion by 2026, at a CAGR of 9.3% between 2021 and 2026. Increasing demand for chemically treated water from various end-use segments and stringent regulatory and sustainability mandates concerning the environment is driving the market for water treatment chemicals. However, alternative water treatment technologies are expected to restrain this market. Rising population and rapid urbanization in emerging economies and increase in demand for specific formulations are expected to offer significant growth opportunities to manufacturers of water treatment chemicals. The major challenge faced by players is the need for eco-friendly formulations and vulnerability regarding copying of patents.


APAC is the fastest-growing region for water treatment chemicals market. The growth in demand for water treatment chemicals in the region can be largely attributed to factors such as high population, increasing industrial growth, and stringent environmental norms. Moreover, the rising number of end-use industries in the region is also leading to innovations and developments in the field of water treatment chemicals, thereby fueling the growth of the APAC water treatment chemicals market.


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