growing industrialization

The Worldwide Industrial Wastewater Treatment Chemicals Industry is Expected to Reach $16.6 Billion by 2026 - ResearchAndMarkets.com

The Worldwide Industrial Wastewater Treatment Chemicals Industry is Expected to Reach $16.6 Billion by 2026 - ResearchAndMarkets.com

The global Industrial wastewater treatment chemicals market size is estimated to be USD 12.8 billion in 2021 and is projected to reach USD 16.6 billion by 2026, at a CAGR of 5.3% between 2021 and 2026. This growth is attributed to stringent regulations concerning the emission and treatment of industrial wastes and depleting freshwater resources. However, the shifting demand of end-use industries toward advanced and environment-friendly water treatment technologies is hampering the market growth. On the other hand, growing industrialization resulting from population explosion is expected to leverage new growth opportunities for chemical manufacturers in the industrial wastewater market.