China will lead the global market for water treatment chemicals and equipment

According to the latest research report from the Fridonia Group, global demand for water treatment chemicals and equipment will grow rapidly at an average annual rate of 5.7% before 2013, with growth far outpacing local GDP growth in most regions. By 2013, the global market share for water treatment chemicals and equipment will reach $59 billion.

Due to ongoing industrial capacity expansion and increased awareness of ensuring safe water supply, China's water treatment chemicals and equipment market will grow at an average annual rate of 12.7% before 2013, reaching 5.4 billion USD by 2013.