Boiler Water Treatment Chemical Market, By Type (Scale & Corrosion Inhibitors, Coagulants & Flocculants, pH Boosters, Oxygen Scavengers, and Others), By Chemistry (Basic Chemicals and Blended/Specialty Chemicals), By End-user (Power Generation, Steel and Metal Industry, Oil Refinery, Chemical & Petrochemical, Textile and Dye Industry, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030

Boiler Water Treatment Chemical Market accounted for US$ 3.8 billion in 2020 and is estimated to be US$ 9.51 billion by 2030 and is anticipated to register a CAGR of 4.2%.

Boiler water treatment needs effective chemical treatment with accurate monitoring and control. It’s an essential boiler system. Feed water mainly includes dissolved gases, dissolved solids, and suspended solids. These impurities can cause severe damages to the boiler and its parts. Treatment of feed water is necessary and highly recommended in order to keep the boiler working effectively. It is usually economical and more cost effective to address the impurities by physical or mechanical means. Chemical treatment is only used to clean remaining parts and traces of impurities after the physical treatment is done. Nevertheless, it is very vital to use chemical treatments for feed water, otherwise impurities can damage boiler accessories and parts. Along with growing use of boiler water treatment chemicals, their demand is projected to rise significantly in across various end-use industries in the near future.

With growing use of boilers in various end-user industries, the global boiler water treatment chemicals market size is projected to grow expressively in the coming years. Further, need for fresh water by Asia Pacific and Middle East countries is other prime factors responsible for driving global boiler water treatment chemicals market. Additionally, strategies declared by industry share providers to decrease investment on raw water treatment equipment maintenance and installation will complement business growth. Enhanced boiler efficiency coupled with expanded life of boiler components are various indirect economic benefits offered by the products, which in turn boost the global boiler water treatment chemicals market share.

However, high installation cost and maintenance cost are expected to hamper the growth of the target market.

The boiler water treatment chemical market is segmented based on type, chemistry, end-user, and region.

On the basis of type, the boiler water treatment chemical market is segmented into scale & corrosion inhibitors, coagulants & flocculants, pH boosters, oxygen scavengers, and others. On the basis of chemistry, the target market is classified into basic chemicals and blended/specialty chemicals. On the basis of end-user, the target market is classified into power generation, steel and metal industry, oil refinery, chemical & petrochemical, textile and dye industry, and others.

Regional Insights:

The boiler water treatment chemical market accounted for US$ 3.8 billion in 2020 and is estimated to be US$ 9.51 billion by 2030 and is anticipated to register a CAGR of 4.2%. On region the boiler water treatment chemical market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific accounted the largest share of global boiler water treatment chemicals market, owing to steady growth in building & construction industry, huge investments on power generation, and rapid industrialization in countries including India, China, Japan, South Korea, etc. Additionally, growth in population in the region will propel the building & construction industry, which in turn, will upsurge the product demand in the coming years. North America and Europe are possibly to register moderate growth rates owing to ongoing drift towards renewable and non-conventional sources of energy.

Boile Water Treatment Chemical Market Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at , regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the boiler water treatment chemical market report based on type, chemistry, end-user, and region.

Boiler Water Treatment Chemical Market, By Region:

• North America
  • Middle East & Africa
    • • GCC
      • Israel
      • South Africa
      • Rest of Middle East & Africa
  • Latin America
    • • Brazil
      • Mexico
      • Rest of Latin America
  • Asia Pacific
    • • China
      • India
      • Japan
      • South Korea
      • Rest of Asia Pacific
  • Europe
    • • Germany
      • UK
      • France
      • Russia
      • Italy
      • Rest of Europe
  • • U.S.
    • Canada

The key players operating the boiler water treatment chemical market includes AkzoNobel, Veolia International, BASF SE, The Dow Chemical Company, Chemtex Specialty Limited, Kemira Oyj, Ecolab Inc., GE Water and Process Technologies, Thermax Limited, and Avista Technologies Inc. Key players are undertaking joint ventures and acquisitions as policies to improve their product portfolio and enter local market, which will assist them to achieve competitive advantage in boiler water treatment chemicals market share.

• AkzoNobel
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Veolia International
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• BASF SE
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• The Dow Chemical Company
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Chemtex Specialty Limited
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Kemira Oyj
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Ecolab Inc.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• GE Water and Process Technologies
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Thermax Limited
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Avista Technologies Inc.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies