Boiler Water Treatment Chemicals Market 2024 Overview and Analysis

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Boiler Water Treatment Chemicals Market 2024
Analyzed in New Research Report Global Market
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Regional Analysis of Boiler Water Treatment
Chemicals Market

• 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.
• 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.

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Application Analysis of Boiler Water Treatment
Chemicals Market

• 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 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.

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Competitive Market Share of Boiler Water
Treatment Chemicals Market

• 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

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