India Water Softeners Market to Grow at CAGR 15% through 2026
Growing awareness regarding importance of soft water, coupled with growing industrial and commercial sectors to drive water softeners market in India through 2026 According to TechSci Research report, “ India Water Softeners Market By Type, By End Use Sector, Competition Forecast & Opportunities, 2012 – 2026” , water softeners market in India is projected to exhibit a CAGR of more than 15% during 2017 – 2026. Growth in municipal sector water treatment, growing chemical industry and surging use of water softeners in the residential sector are anticipated to drive the market during the forecast period. Continuing growth in the country’s power sector is also one of the major factors driving demand for water softeners in the industrial segment. The country is planning to add 600GW to 1,200GW of new power generation capacity by 2050. Another crucial factor fuelling demand for water softeners is surging residential and commercial space demand, ...