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Cooling Towers Market to Reach USD 4.63 Billion by 2027; Increasing Demand for Eco-friendly Products to Accelerate Growth: Fortune Business Insights™ – GlobeNewswire

2 weeks ago Global Warming News

Cooling Towers Market to Reach USD 4.63 Billion by 2027; Increasing Demand for Eco-friendly Products to Accelerate Growth: Fortune Business Insights™ – GlobeNewswire

Pune, India, Feb. 17, 2021 (GLOBE NEWSWIRE) — The cooling towers market is set to gain impetus from the rising inclination of people towards eco-friendly products. This information is given by Fortune Business Insights™ in a new report, titled, “Cooling Towers Market, 2020-2027.” The report further states that the cooling towers market size was USD 3.50 billion in 2019. It is set to reach USD 4.63 billion in 2027 at a CAGR of 3.7% during the forecast period. Governments of various countries are transforming their initiatives to encourage the development of sustainable products. NSW Public Health Regulation 2012, for instance, published new rules to prevent the growth and transmission of the Legionella bacteria.

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COVID-19 Pandemic: Restrictions of In-person Contact to Delay Installation Processes

The COVID-19 pandemic has created multiple challenges for countries, such as India and China owing to lockdown measures. The International Labour Organization (ILO) mentioned that around 25 million jobs are at stake amid the pandemic. Additionally, to complete installation and sales processes smoothly, the requirement of in-person contact is a must. But, because of the rising transmission of the coronavirus, most of the companies have halted their operations. These factors may obstruct growth. To help you cope up with the current situation, we are providing the best strategies that can
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