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Sales Of Boiler Water Treatment Chemicals Market To Register Stellar Growth In Next 10 Years : Fact.MR

Boiler water treatment chemicals are specialty chemicals used to prevent corrosion and scale formation in boilers, and to ensure the efficient and safe operation of boiler systems. The chemicals are used in various industries such as power generation, oil and gas, chemical processing, and pulp and paper, among others. The global boiler water treatment chemicals market is driven by factors such as increasing demand for energy, the need for efficient and sustainable boiler operation, and growing industrialization in emerging economies. The market is segmented by type, with the major segments being oxygen scavengers, scale inhibitors, pH adjusters, and others.

The power generation industry is the largest end-user of boiler water treatment chemicals, where the chemicals are used to ensure efficient and safe operation of boilers and to prevent corrosion and scale formation. The oil and gas industry is also a significant end-user of boiler water treatment chemicals, as the chemicals are used in steam generation and in other processes such as enhanced oil recovery. The Asia-Pacific region is the largest market for boiler water treatment chemicals, driven by the growing industrialization in countries such as China and India, and the increasing demand for energy in the region. The market in North America and Europe is also significant, driven by the presence of mature industrial sectors and strict environmental regulations.

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Key Takeaways from Market Study

  1. The global boiler water treatment chemicals market is growing due to the increasing demand for energy and the need for efficient and sustainable boiler operation.
  2. The market is segmented by type, with the major segments being oxygen scavengers, scale inhibitors, pH adjusters, and others.
  3. The power generation industry is the largest end-user of boiler water treatment chemicals, followed by the oil and gas industry and other industrial sectors.
  4. The Asia-Pacific region is the largest market for boiler water treatment chemicals, driven by the growing industrialization in countries such as China and India.
  5. The key players in the market include BASF SE, Ecolab Inc., Solenis LLC, Kemira Oyj, SUEZ SA, Veolia Environnement S.A., and Kurita Water Industries Ltd.

Competitive Analysis

  • In order to boost its standing as a pioneer in water treatment chemicals, Veolia Water Technologies UK acquired Biochemica Water Ltd. in February 2020.
  • U.S. Water Services Inc., a business that sells and manufactures water treatment chemicals, was acquired by Kurita in February 2019.
  • In January 2019, Solenis announced that the merger with the wet-end “Paper and Water Chemicals” division of BASF SE had been completed. The new business, Solenis, will be able to serve more industrial clients by supplying larger quantities of chemical solutions.
  • In October 2017, WaterBridge Ventures declared that the acquisition of Arkoma Water Resources, LLC had been successfully completed. The company’s current product line for water treatment, which includes produced water, transportation pipeline, supply water, and SWD infrastructure operations, is enhanced significantly by this acquisition.

Key Companies Profiled

  • BASF
  • Arkema
  • Ecolab
  • Kemira
  • Solenis
  • Suez
  • Kurita Water Industries
  • Chemtreat
  • Thermax
  • Veolia Water Technologies