Global Boiler Water Treatment Chemicals Market is valued at USD 2.11 Billion in 2019 and expected to reach USD 4.22 Billion by 2026 with the CAGR of 10.4% over the forecast period.
Global Boiler Water Treatment Chemicals Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027– Increasing adoption of boilers in various industries is one of the major factors driving the growth of the Global Boiler Water Treatment Chemicals Market over the forecast period.
Boiler water treatment chemicals are chemical compounds that are used in the processing/operations of industrial boilers because of their importance in maintaining the optimum levels of operation. The chemicals are dosed in the feed water to improve the efficiency of operations of the industrial boilers and result in lower maintenance requirements. The chemicals used to scavenge oxygen include sodium sulphite and hydrazine. They have various combinations of polyphosphates and organics are used for preventing scale and corrosion in feed-water systems. Volatile neutralizing amines and filming inhibitors are used for preventing condensate corrosion. These is precisely why getting good quality feed water and maintaining properties of boiler water correct, are of much importance. In order to understand the requirement of the feed water supplied to a particular steam boiler, a basic and simple study of its supply/feed water must be done thoroughly. Feed water usually contains dissolved solids, dissolved gases, and suspended solids. These impurities are capable of causing severe damages to the boiler and its parts. In order to keep the boiler working effectively, treatment of feed water is essential as well as highly recommended.
Global Boiler Water Treatment Chemicals Market report is segmented on the basis of product type, application, and region & country level. Based on product type, global boiler water treatment chemicals market is classified as the corrosion inhibitors, scale inhibitors, oxygen scavengers and others. Based upon application, global boiler water treatment chemicals is classified into power, oil and gas, chemical and petrochemical, food and beverage, pulp and paper and others.
By Product Type:
The regions covered in this Boiler Water Treatment Chemicals market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Boiler Water Treatment Chemicals is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Some major key players for Global Boiler Water Treatment Chemicals Market are Ecolab, Suez, Kemira, Kurita Water Industries, Solenis, Arkema, BASF, Chemtreat, Thermax, Veolia Water Technologies, Accepta Water Treatment, Aries Chemical, Akzo Nobel, Buckman Laboratories, BWA Water Additives UK, Chemfax Products, Chemtex Speciality, Dowdupont, Eastman, Feedwater and others.
News: DNV GL Granted Wilhelmsen World’s First Type Approval for the Digital Boiler Water Test and Treat System
November 16th, 2020; alongside the unique type approval for the Digi Boiler automated dosing system, Wilhelmsen have also been certified as the first and only approved service supplier for DNV GL’s BMON+ class notation. It will reduce the inherent risks associated with poor boiler water management and monitor the boiler water condition and dose the required amount of chemicals as and when they are needed. It will deliver real-time condition monitoring; key boiler water data is accessible to both the vessel’s crew and onshore staff, via a custom-made online portal.
Moreover, the increasing requirement of steam and pure water in numerous end-use industries is expected to drive the growth of global boiler water treatment market during the forecast period. Growing industrialization across different economies is also supplementing the market demand globally for boiler water chemicals. The separation technology has been successfully installed into many industrial processes. Proper boiler water treatment is the key to protect boiler from corrosion and possible malfunction which require the boiler water treatment chemicals. The industrial boilers and power plants as well as the cogeneration industries' effort to meet system performance criteria and environmental regulations are enhanced with utilization of membrane filtration combined with the enhanced vibratory shearing process. This development towards applications for industrial boilers and power plants, along with availability of new membrane materials and VSEP technology make it possible to treat more difficult streams with technically and economically successful results. This study will be of interest to current and potential manufacturers and suppliers of industrial boilers, entrepreneurs and entrepreneurial companies interested in entering or expanding into the industrial boiler technology sector.
However, the lack of knowledge regarding the benefits and awareness of boiler water treatment chemical may hamper the growth of the market. In spite of that, increasing technological innovation in this field can create more opportunities for the further growth of the market.
North America is expected to dominate the global boiler water treatment chemicals market owing to the increasing adoption of boilers in various industries in this region. Asia Pacific is expected to witness a significant growth in the global boiler water treatment chemicals market. This growth can be attributed to huge investments on power generation, steady growth in building & construction industry and rapid industrialization in countries such as China, India and Japan in this region. In addition, the demand and market growth in the power, manufacturing and industrial sectors are increasing which, in turn, is boosting the demand for boiler water treatment systems and chemicals in this region.
|Years :||2019||Market Size in 2019:||US$ 2.11 Billion|
|Market Historical Analysis:||2015-2019||Forecast Analysis:||2020-2026|
|Forecast Period CAGR %:||10.4%||Market Size Expected to reach in 2026:||US$ 4.22 Billion|
|Pages:||200||Tables, Charts & Figures:||165|
|Top Companies:||Ecolab, Suez, Kemira, Kurita Water Industries, Solenis, Arkema, BASF, Chemtreat, Thermax, Veolia Water Technologies, Accepta Water Treatment, Aries Chemical, Akzo Nobel, Buckman Laboratories, BWA Water Additives UK, Chemfax Products, Chemtex Speciality, Dowdupont, Eastman, Feedwater|
|Market Segmentation:||Product Type, Application|
|Regional Analysis:||North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa|
Key Benefits for Global Boiler Water Treatment Chemicals Market Report–
By Regional & Country Analysis:
Middle East and Africa
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