GCiS Market Study Estimates China Water Treatment Chemicals Market Worth Approximatley RMB 7 Bn in 2010
GCiS China Strategic Research estimates that China's water treatment chemicals market is valued at approximately RMB 7 Bn in revenues as of year-end 2009. The market study, which was conducted over the first half of 2011, attributes a mix of growing industrial output, water scarcity and stricter regulatory enforcement to the high growth rates and increasing opportunities.
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.
About the GCIS China Water Treatment Chemicals Study
This GCiS market study draws on a three month, in-depth primary survey of over 100 of the market’s supply side and downstream players. It is essential reading for any professional needing accurate and detailed strategic information of this market. Major areas covered include: market size and shares, five-year projections, market structure, value chains, pricing trends, distribution, consumption, an assessment of key suppliers and more.
About GCiS China Strategic Research
GCiS (www.gcis.com.cn) is a China-based market research and advisory firm focused on business to business markets. Since 1997, GCiS has been working with leading multinationals such as Siemens and GE in sectors ranging from technology to industrial markets, power, chemicals, resources, and a few others.
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