According to TechSci Research report, “China Water Treatment Chemicals Market– By Region, Competition, Forecast and Opportunities, 2018-2028F”, the China Water Treatment Chemicals Market stood at USD2.65 billion in 2022 and is anticipated to grow with a CAGR of 3.25% in the forecast period, 2023-2028. The initiatives taken by government based on water treatment chemicals has led to favorable market conditions for the China Water Treatment Chemicals Market. Several factors contribute to the growth of various water treatment chemicals market products.
In a significant move, China recently passed its first legislation, the Water Pollution Control Law (WPPCL), which specifically targets the prevention and control of pollution, particularly in the industrial sector. This groundbreaking law establishes a comprehensive legal framework aimed at tackling water pollution, thereby bolstering the demand for effective water treatment chemicals.
Furthermore, the Chinese State Council has taken proactive measures by formulating an action plan to address the issue of “new pollutants,” including specific chemicals. This comprehensive plan involves a meticulous process of identification and assessment of the environmental risks associated with these chemicals, followed by the implementation of appropriate control measures to mitigate their impact on the environment. By adopting such a holistic approach, China is leading the way in safeguarding its natural resources and promoting sustainable development.
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China’s strong dedication to environmental sustainability has sparked a significant increase in research and development efforts focused on advancing water treatment technologies. This progressive country is making substantial investments in the exploration and creation of novel water treatment chemicals that not only exhibit enhanced efficiency and cost-effectiveness but also prioritize environmental friendliness. By striving for innovative solutions, China aims to address the pressing challenges associated with water treatment and pave the way for a cleaner and more sustainable future.
The China Water Treatment Chemicals Market is segmented in type, end user, regional distribution, and company.
Based on its type, the coagulants & flocculants segment held the largest share in the market. The Chinese government, recognizing the importance of safeguarding the environment and public health, has been diligently enforcing and strengthening wastewater discharge regulations. These regulations, aimed at promoting effective wastewater treatment practices, are compelling industries to adopt advanced coagulation and flocculation techniques to ensure the proper treatment of their wastewater. As a result, there has been a significant surge in the demand for coagulants and flocculants, as industries strive to comply with the stringent requirements and contribute to the preservation of the ecosystem and the well-being of the public.
Based on region, South Central segment is expected to grow during the forecast period.
In recent years, there has been a growing recognition of the detrimental effects of untreated wastewater on the environment. This has prompted regulatory bodies to impose stricter regulations and standards for water discharge, aiming to mitigate the environmental impact. As a result, industries and municipalities in the South Central region have been compelled to invest in more effective water treatment processes to ensure compliance with these regulations. This increased focus on water treatment has consequently bolstered the demand for water treatment chemicals, as they play a crucial role in achieving optimal water quality and environmental sustainability.
Major companies operating in China Water Treatment Chemicals Market are:
- SNF (China) Flocculent Co., Ltd.
- Nalco (China) Environment Solutions Co., Ltd.
- ArchChemicals (China) Co., Ltd.
- Dow Chemical (China) Investment Co.
- China National Bluestar (Group) Co. Ltd
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“Growing application of water treatment chemicals in various end user industries are key drivers of the water treatment chemicals market. Growth in competitive landscape and presence of well-established companies in the market who are dedicated to enhance their productivity of water treatment chemicals with every passing year are anticipated to register an impressive growth to China Water Treatment Chemicals Market in the forecast period.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.
“Water Treatment Chemicals Market By Type (Coagulants & Flocculants, Corrosion Inhibitors, Scale Inhibitors, Biocides & Disinfectants, Chelating Agents, Others), By End User (Municipal, Power, Oil & Gas, Mining, Chemical, Food & Beverage, Pulp & Paper, Others), By Region, By Competition Forecast & Opportunities, 2018-2028F”, has evaluated the future growth potential of China Water Treatment Chemicals Market and provides statistics & information on market size, structure, and future market growth. The report intends 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 in China Water Treatment Chemicals Market.
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