Treatment for clean water is one of the macro trends driving business for equipment manufacturing giant Chart Industries in 2020.
Other business segments such as LNG may have a bigger potential market size for Chart, but the US company still estimated water treatment to have a potential market size of $400m in its 2019 Investor Presentation in November.
Chart CEO Jill Evanko said on a recent financial call, “In recent months we’ve seen municipalities across the United States exploring oxygen ozone systems for these applications.”
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