Increasing Investments In River Rejuvenation To Drive India Water And Wastewater Treatment Chemicals Market Through 2023
Increasing
investments in river cleaning projects and sewage treatment plants, rising
population and stringent water quality standards to drive India water and
wastewater treatment chemicals market through 2023
According to TechSci Research report, “India
Water and Wastewater Treatment Chemicals Market By Type, By Industry Type,
By End Use, By Sales Channel, Competition Forecast & Opportunities, 2013 –
2023”, water and wastewater treatment chemicals
market in India is forecast
to reach $ 805 million by 2023. Water
and wastewater treatment chemicals are polymers used to remove toxic and
undesirable components from water and wastewater in order to improve the water
quality and make it usable for various end users. India is expected to become a
water scarce nation by 2050, owing to deviation in annual rainfall, in addition
to rising population and rapid industrialization in the country. Demand for fresh
and clean water across the country is growing, owing to which the government
has implemented stringent policies aimed at making use of wastewater by
recycling and reusing it to meet the challenge of increasing water demand.
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With rising population, increasing industrialization, and growing
number of environment and river cleaning projects in the country, water and
wastewater treatment chemicals market is expected to grow at a healthy pace in the
coming years. Moreover, chemical, petrochemical and textile industries in the
country are also growing, which is boosting water demand. All these aforementioned
factors, in addition to stringent policies of the Central Pollution
Control Board such as ‘Zero Liquid Discharge’ are resulting in rising investments
in establishment of sewage treatment plants in an increasing number of industrial
units, which is expected to
boost demand for water and wastewater treatment chemicals over the coming years.
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“Over the last few years, there has been an increase in
investments through public private partnerships to improve the water quality
and to minimize the wastewater generation. Additionally, increasing awareness
towards hygiene and waterborne diseases such as Hepatitis, Cholera, Amoebiasis,
etc., is further augmenting demand for water treatment chemicals in India. Such
developments are anticipated to provide lucrative opportunities to water and
wastewater treatment chemical companies operating in the Indian market over the
course of next five years.”, said
Mr. Karan Chechi, Research Director with TechSci Research, a research based
global management consulting firm.
“India
Water and Wastewater Treatment Chemicals Market By Type, By Industry Type, By
End Use, By Sales Channel, Competition Forecast & Opportunities, 2013 –
2023”
has evaluated the future growth potential of India water and wastewater
treatment chemicals market and provides statistics and information on market
structure, size, share and trends. The report is intended to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges and opportunities present in India
water and wastewater treatment chemicals market.
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