DALLAS — A new MarketsandMarkets report entitled "Water Treatment Chemicals Market by Types, Applications and Trends (Forecast to 2016)," has found that the water treatment chemicals market is expected to grow from $22,351.3 million in 2011 to $26,988 million by 2016, according to an article by News International.
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The report found that the Asia-Pacific region held the largest share of the global water treatment chemicals' market in 2011, with 35.9 percent, and is expected to grow at the highest rate, the article reported.
According to the article, Germany has the second largest market share in Europe and China holds the largest share in the Asia-Pacific.
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The industrial water treatment segment used the majority of water treatment chemicals in 2011, with power generation holding the largest share, followed by the food and beverage industry, the article continued.
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