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Boiler Water Treatment Chemicals Market 2024
Analysed in New Research Report : Global Market
Insights Inc.
Global Boiler Water Treatment Chemicals Market size is likely to expand at a prominent CAGR in the
forecast period. Water generally has dissolved gases & solids and suspended solids. These
contaminations can cause severe damage to boiler & its parts. Boiler water treatment chemicals
facilitate continuous heat exchange, high-quality steam generation and protection from corrosion.
The chemicals are added to enhance safety, reliability and efficiency of system. Chemical treatment is
done only after removing the mechanical and physical impurities.
With increasing usage of boilers in numerous end-user industries, the global boiler water treatment
chemicals market size is expected to rise significantly over the forecast timespan. Other prime factors
responsible for driving global boiler water treatment chemicals market are requirement of fresh water
by Asia Pacific and Middle East countries. In addition, strategies incorporated by industry share
contributors to reduce investment on raw water treatment equipment maintenance and installation
will complement business growth. Furthermore, the global boiler water treatment chemicals market
share is propelled by various indirect economic benefits offered by the product such as improved
boiler efficiency along with expanded life of boiler components.

The overall boiler water treatment chemicals market, based on product type, is be segmented
into corrosion & scale inhibitors, biocides, foam control agents, oxygen scavengers, coagulants
& flocculants and pH control agents. Some other types of product are chelating agents,
fluoridation chemicals, etc. The oxygen scavenger segment held a major chunk of global boiler
water treatment chemicals market size in 2016 due to its prominent use in removing residual
oxygen from feedwater and superior resistance against corrosion. The oxygen scavenger
segment is followed by scaling inhibitors segment due to its wide application for preventing
scaling and reducing damages related to scaling.
The product finds application in several end-user industries such as oil refineries,
petrochemical, steel & metal, food & beverage, textiles & dyes, power sector (power plants)
and pulp & paper. Other fields of application for boiler water treatment chemicals market are
pharmaceutical industry, sugar mills, etc. The power sector is a chief consumer of the product,
as steam generated by boiler is largely utilized for power production. It is followed by steel &
metal, food & beverages, oil refineries and petrochemicals.
Asia Pacific held the biggest share of global boiler water treatment chemicals market in 2016.
This can be attributed to huge investments on power generation, steady growth in building &
construction industry and rapid industrialization in countries including China, India, Japan,
South Korea, etc. Moreover, rise in population in the region will boost the building &
construction industry, which in turn, will increase the product demand over the forecast period.

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North America and Europe are likely to show moderate growth rates due to ongoing drift
towards non-conventional and renewable sources of energy. The boiler water treatment
chemicals market shall witness exponential growth in Saudi Arabia, south Africa and GCC in
the coming years owing to the growing product demand in existing oil refineries and
petrochemical industries.
The prominent boiler water treatment chemicals share contributors are AkzoNobel, BASF SE,
The Dow Chemical Company, Kemira Oyj, Chemtex Specialty Limited, Ecolab Inc., Veolia
International, Thermax Limited and GE Water and Process Technologies. Other companies
include Avista Technologies Inc., Reverse Osmosis Chemicals International, Berwind (BWA
Water Additives), Suez Environment, Ion Exchange India Limited, Hydrite Chemical
Company and King Lee Technologies.
Majority of companies are adopting joint ventures and acquisitions as strategies to diversify
their product portfolio and penetrate local market, which will aid them to achieve competitive
advantage in boiler water treatment chemicals market share. For instance, NALCO (a division
of Ecolab Inc.), introduced 3D TRASAR Technology, a corrosion & stress monitor in 2009,
which increased its value as a major player in boiler water treatment chemicals market. This
increased competition among existing players such as Veolia and GE Water and Process
Technologies to match up NALCO’s technology.
About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research
and consulting service provider; offering syndicated and custom research reports along with
growth consulting services. Our business intelligence and industry research reports offer
clients with penetrative insights and actionable market data specially designed and presented
to aid strategic decision making. These exhaustive reports are designed via a proprietary
research methodology and are available for key industries such as chemicals, advanced
materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Website: https://www.gminsights.com/
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