The Indian Cooling Water Treatment Chemicals Market to 2023: Increasing Demand for Power is Driving the $160 Million Projected Market - ResearchAndMarkets.com
Aug. 20, 2018
DUBLIN--(BUSINESS WIRE)--Aug 20, 2018--The "India Cooling Water Treatment Chemicals Market - Segmented by Type, Chemistry, End-User Industry, and Geography - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The India cooling water treatment chemicals market was valued at USD 99.63 million in 2017. This market is expected to reach USD 160.08 million by 2023, recording an estimated CAGR of 8.34% over the forecast period, 2018 to 2023.
Corrosion inhibitors are expected to remain the largest segment, by type. Power industry is estimated to remain the largest end-user industry, in terms of revenue contribution to the market, during the forecast period.
Increasing Demand for Power is Driving the Market
The highest single use of cooling water treatment chemicals lies in the treatment of cooling water in power generation. For power generation and process facilities, cooling water treatment is often the most critical aspect. Overall cooling of various process fluids is directly tied to a plant's essential operation.
As of January 2018, India registered as the third-largest producer and fourth-largest consumer of electricity in the world, with an installed capacity of 334.4 GW. The country also has the fifth-largest installed capacity in the world. Power consumption in the country is estimated to increase from 1160.1 TWh, in 2016, to 1,894.7 TWh, in 2022.
Key Topics Covered
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Market Segmentation and Analysis
6. Future of the Market
7. Competitive Landscape
8. Company ProfilesEcolab (Nalco Water) Solenis Veolia Suez BWA Water Additives Ion Exchange (India) Limited Kurita Water Industries Ltd. Chemtex Speciality Limited Sicagen Cleanflo Vasu Chemicals Chembond Chemicals Limited Neelam Aqua & Speciality Chem. (P) Ltd. Pooja Industries Thermax Global Wetico Ltd. Buckman Aes Arabia Ltd. Improchem PTY Ltd. Initiative Chemicals Pvt. Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/xt8hnw/the_indian?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180820005344/en/
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Related Topics:Water Treatment Chemicals
KEYWORD: ASIA PACIFIC INDIA
INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS
SOURCE: Research and Markets
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PUB: 08/20/2018 09:47 AM/DISC: 08/20/2018 09:47 AM