
Global Boiler Water Treatment Chemicals Market was valued at USD 2.8 Billion in 2018 and is anticipated to reach USD 6.05 Billion by 2026, at a CAGR of 10.1%.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Increasing requirement of steam and pure water from numerous end-use industry is expected to rise the boiler water treatment market during the forecast period. Boiler water treatment involves three main factors namely corrosion protection, a continuous exchange of heat and high-quality steam production. Growing industrialization across different economies are certain key drivers to further boost market demand globally for boiler water chemicals.
Corrosion inhibitors segment of boiler water treatment chemicals market holds the largest market. Scale inhibitor is about to show a steady demand while oxygen scavengers will gain moderate growth. Considering the end-use industry segment, power will lead the market for boiler water chemicals. Increasing demand for power in emerging economies along with its continuous growth are certainly key drivers that will elevate the power industry segment to maintain its dominance. Asia Pacific region will form the largest market for boiler treatment chemicals market that can be attributed due to the growing demand for power from growing economies like India and China.
Scope of the Report:
Boiler Water Treatment Chemicals Market, by Type:
• Scale Inhibitors
• Oxygen Scavengers
• Corrosion Inhibitors
• Others
Boiler Water Treatment Chemicals Market, by End-Use Industry:
• Chemical & Petrochemical
• Food & Beverage
• Pulp & Paper
• Power
• Oil & Gas
• Others
Boiler Water Treatment Chemicals Market, by Geography:
• North America
• Asia-Pacific
• Europe
• Middle East & Africa
• Latin America
Key Players operating in the Boiler Water Treatment Chemicals market:
• Solenis (Finland)
• Kurita (Japan)
• SUEZ (France)
• Ecolab (U.S.)
• Ecolab (U.S.)
• Arkoma (France)
• BASF (Germany)
• Kemira (Finland)
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