NOIDA, National Capital Region, India — A report, “India Boiler Water Treatment Plant Market Forecast and Opportunities, 2019,” recently published by TechSci Research, forecasts the India boiler water treatment plant market to see double digit growth over the next five years, according to a press release.
The predicted growth is driven by increasing installation in diverse, end user industries including power, oil and gas, pharmaceutical, food and beverage processing, textile and the paper industry, stated the release.
The release reported that since power demand in India is increasing each year, the country’s government announced significant investments for capacity additions within the sector in the 11th Five Year Plan (FYP) and proposed numerous other initiatives in the 12th FYP, sparking the forecast growth in the market.
The TechSci Research report evaluated the future growth potential of India’s boiler water treatment plant market to provide statistics and information on market structure, industry behavior and trends, noted the release.
“Majority [of the] companies in India are focusing on comprehensive boiler water treatment [solutions],” said Karan Chechi, research director for TechSci Research. “Leading players such as Ion Exchange, Jyoti Corporation, Thermax India, Dew Specialty, etc., are focusing on plant installation as well as supply of boiler water treatment chemicals.”
You can find the release here.