Chemical Injection Skids Market Share

North American Market Statistics

The North American chemical injection skids market is predicted to gain a revenue share of over 35% during the forecast period. This growth of the market in this region is set to be dominated by rising spending on healthcare. The amount that was spent on health care in the United States went up 4.1% in 2022 to USD 4.5 trillion, or USD 13,493 per person. Health spending represented 17.3 percent of the country's Gross Domestic Product.

Hence, the increased demand for chemical injection skids may be positively driven by the necessity for water quality regulations and inspections, which is indicated by the rising costs associated with healthcare.

APAC Market Analysis

The chemical injection skids market for the Asia Pacific region is projected to increase substantially registering growth of 25% during the period 2024-2037. The major element influencing the market expansion in this region is the rising growth in the energy & power industry. Asia-Pacific's market was formerly led by China and Japan, however, during the projection period; India is anticipated to see robust expansion. Furthermore, the production of chemicals is also surging in this region which is also giving scope for the market to rise.