Global Cooling Water Treatment Chemical Overview
Introduction:
Cooling Water Treatment Chemical Market was valued at US$ 15.2 Billion in 2024 and is projected to grow at a CAGR of 6.30% to reach US$ 26.5 Billion by 2034.
Water is an essential constitutes of our day-to-day life and pure water is important for the well-being of our community. Water is a universal solvent, but solids, such as fine sand, clay, rust, and dust are not soluble in water. A cooling tower water treatment system is a procedure of technologies that remove damaging impurities from your cooling tower feed water, circulation water, and/or blowdown.
Drivers and Restraints:
The accelerating demand from the power industry is the major factor driving growth the global cooling water treatment chemicals market. In addition, increasing consumption of water across the globe coupled with stringent government regulations on the total suspended solids (TSS) level of the water propels the global market growth. Moreover, increasing industrial activities and growth in world population fuels the target market for the cooling water treatment chemicals worldwide. Shifting focus on the development and usage of green chemicals is expected to boost growth of the global market over the forecast period. However, rising popularity of chlorine alternatives and a lack of awareness about cooling water treatment chemicals are anticipated to hamper growth of the target market over the forecast period. Nevertheless, increasing number of nuclear plants across the world, coupled with the need to maintain the existing plants, is expected to augment the usage of the global market.
Segmentation:
The global cooling water treatment chemical market is segmented based on type, end-user industry, and region.
On the basis of type, the global cooling water treatment chemical market is segmented corrosion inhibitor, scale inhibitor, biocide, and other types. In 2018, corrosive inhibitor type segment accounted for the largest share and is also likely to witness the highest growth over the forecast period, due to high demand from industries, such as steel, power, and mining & metallurgy. Based on end-user industry, the target market is segmented into power industry, steel and mining & metallurgy, petrochemicals and oil & gas, food & beverage, textile & dyes, and other end-user industries. Power industry end-user is the largest consumer of cooling water treatment chemicals, owing to the high water requirement of the industry and need to preserve freshwater resources.
Based on region the global cooling water treatment chemical market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In 2018, Asia-Pacific dominated the demand for cooling water treatment chemicals and is anticipated to witness the highest growth over the forecast period. In Asia-Pacific, China accounts for the largest consumer of cooling water treatment chemicals owing to huge demand from its power industry. In addition, market players have forayed into the Asia-Pacific region due to the growing use of water treatment chemicals for industrial as well as municipal water treatment. North America is the second most lucrative market for new entrants. Increasing demand for cooling water treatment chemicals from industrial sector and growing government obligations for water recycling are the key factors driving growth of the global cooling water treatment chemicals market in this region.
Key Players:
The key players operating the global cooling water treatment chemical market involves Accepta, BWA Water Additives, Albemarle Corporation, Buckman, Chemtex Speciality Limited, DuBois Chemicals, Chemtrade Logistics Inc., ChemTreat Inc. (Danaher), DuPont Inc., and Ecolab. Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market. For instance, in December 2018, Italmatch Chemicals has announced that it has signed an agreement to acquire BWA Water Additives, a leading global provider of sustainable water management solutions for the industrial water treatment, oil & gas, and desalination industries. This combination of two highly complementary companies allows the development of industrial synergies and strategic, commercial and, consistent with the aim of broadening and expanding Italmatch Chemicals' current production and marketing capabilities for water management chemicals.
Detailed Segmentation:
Global Cooling Water Treatment Chemical Market, By Type:
- Corrosion Inhibitor
- Scale Inhibitor
- Biocide
- Other Types
Global Cooling Water Treatment Chemical Market, By End-user Industries:
- Power Industry
- Steel and Mining & Metallurgy
- Petrochemicals and Oil & Gas
- Food & Beverage
- Textile & Dyes
- Other End-user Industries
Global Cooling Water Treatment Chemical Market, By Region:
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- North America
- North America Cooling Water Treatment Chemical Market, By Type
- North America Cooling Water Treatment Chemical Market, By End-user Industries
- North America Cooling Water Treatment Chemical Market, By Country
- U.S.
- Canada
- Europe
- Europe Cooling Water Treatment Chemical Market, By Type
- Europe Cooling Water Treatment Chemical Market, By End-user Industries
- Europe Cooling Water Treatment Chemical Market, By Country
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Asia Pacific Cooling Water Treatment Chemical Market, By Type
- Asia Pacific Cooling Water Treatment Chemical Market, By End-user Industries
- Asia Pacific Cooling Water Treatment Chemical Market, By Country
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Latin America Cooling Water Treatment Chemical Market, By Type
- Latin America Cooling Water Treatment Chemical Market, By End-user Industries
- Latin America Cooling Water Treatment Chemical Market, By Country
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Middle East & Africa Cooling Water Treatment Chemical Market, By Type
- Middle East & Africa Cooling Water Treatment Chemical Market, By End-user Industries
- Middle East & Africa Cooling Water Treatment Chemical Market, By Country
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- North America
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Company Profile:
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- Accepta *
- Company Overview
- Accepta *
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- Product Portfolio
- Key Highlights
- Financial Performance
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- BWA Water Additives
- Albemarle Corporation
- Buckman
- Chemtex Speciality Limited
- DuBois Chemicals
- Chemtrade Logistics Inc.
- ChemTreat Inc. (Danaher)
- DuPont Inc.
- Ecolab
“*” marked represents similar segmentation in other categories in the respective section
Key Issues Addressed
- What is the total revenue potential of the global cooling water treatment chemical market? How that market is expected to grow during the study period?
- What are some of the major growth opportunities in the cooling water treatment chemical market?
- Which companies are the major players in the cooling water treatment chemical market?
Global Cooling Water Treatment Chemical Table of Contents
Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
Market Preview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type
- Market Snippet, By End-user Industry
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restrains
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
Cooling Water Treatment Chemical Market, By Type, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Corrosion Inhibitor
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Scale Inhibitor
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Biocide
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Other Types
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Cooling Water Treatment Chemical Market, By End-user Industry, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Power Industry
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Steel and Mining & Metallurgy
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Petrochemicals and Oil & Gas
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Food & Beverage
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Textile & Dyes
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Other End-user Industries
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Cooling Water Treatment Chemical Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By End-user Industry, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By End-user Industry, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By End-user Industry, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By End-user Industry, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By End-user Industry, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- GCC
- Israel
- South Africa
- Rest of Middle East
Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
Company Profiles
- BWA Water Additives
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Albemarle Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Buckman
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Chemtex Speciality Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- DuBois Chemicals
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Chemtrade Logistics Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- ChemTreat Inc. (Danaher)
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- DuPont Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Ecolab
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
The Last Word
- Future Impact
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