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Chemical As A Service Market Estimated At USD 13.7 Billion By 2028

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  San Francisco, 8 Sep 2023:  The Report  Chemical As A Service Market  Size, Share & Trends Analysis Report By End User Industry (Water Treatment & Purification, Metal Parts Cleaning, Industrial Cleaning, Industrial Gases), By Region, And Segment Forecasts, 2021 - 2028 The global chemical as a service market size is anticipated to reach USD 13.7 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.7% from 2021 to 2028. The market is predominantly driven by the growing demand for chemical management services and convenience and cost-effectivity offered by the CaaSmodel. Moreover, this model helps in the reduction of hazardous chemical consumption by using chemicals with more efficient processes. The chemical as a service model offers economic advantages to the manufacturers/industrialists which is one of the major factors for its penetration in the upcoming years. In addition, the ch...