China's water treatment chemicals market reached 7B yuan in value in 2010, market researcher says; market grew by average of 16% in 2010, almost doubled GDP growth in recent years on growing industrial output, water scarcity and stricter regulation

Alison Gallant

Alison Gallant

Jan 19, 2012 – Business Wire

DUBLIN , January 19, 2012 (press release) – Research and Markets (http://www.researchandmarkets.com/research/6aab43/assessment_of_chin) has announced the addition of the "Assessment of China's Market for Water Treatment Chemicals" report to their offering.

“Assessment of China's Market for Water Treatment Chemicals”

GCiS Market Study Estimates China Water Treatment Chemicals Market Worth Around RMB 7 Bn in 2010.

The domestic water treatment chemicals market in China is valued at approximately RMB 7 Bn in revenues as of year-end 2009, according to a recently published report by GCiS China Strategic Research.

The market study, which focuses on domestic sales of scale dispersants, inhibitors, corrosion inhibitors, biocides, coagulants, cleaning agents, pre-film formers and other chemicals, was conducted over the first half of 2011.

The market grew by an average of 16% in 2010 and has witnessed almost double GDP growth in recent years. A mix of growing industrial output, water scarcity and stricter regulatory enforcement has contributed to these growth rates. Almost all major suppliers in the market expect these trends to continue.

The customer base in this industry primarily consists of refineries in the petrochemicals sector, steel plants and thermal power plants. All of these users require their water to be treated to a certain standard and their scale and growth constitutes a major aspect of demand.

This report is comprised of data and analysis of the China Intelligent Water Treatment Chemicals market and presents a predominantly supply-side view in terms of market numbers. In addition to suppliers, primary research covers channel influencers, customers and end-users, and industry experts.

This study focuses on domestic sales of Water Treatment Chemicals which are divided into eight product categories: scale dispersants, inhibitors, corrosion inhibitors, biocides, coagulants, cleaning agents, pre-film formers and other chemicals.

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