Water Treatment Chemicals Business Opportunity Boiler Water Treatment Chemicals
A new report by Research and Markets casts a light on an often overlooked market segment: The Indian boiler water treatment chemicals market with anticipated growths of ,more than eight percent....
Mumbai/India – According to the ‘India Boiler Water Treatment Chemicals Market Forecast & Opportunities, 2018’, the Indian boiler water treatment chemicals market will grow at the CAGR of 8.2% till 2018, in terms of revenues. The report also forebodes that Nalco-India is going to maintain its lead till 2018 with over 25% market share. It is anticipated that new technology will be adopted by major as well as minor manufacturers in order to cater potential customers and increase their market share.
So far, the Indian boiler water treatment chemicals market has been fragmented, but in recent times it showed sign of consolidation, as about 70% of the market share is being accounted by top 6 players. The degree of rivalry is high in the boiler water treatment chemicals market as most of the market players willing to cater heavy industries such as power, oil & gas and chemicals. On the contrary, smaller chemical, pharmaceuticals, food and beverages, paper & pulp industry is majorly catered by small boiler water treatment chemicals manufacturers.