The water used to create steam in a boiler often contains a varying number of different impurities. These impurities are dissolved solids, dissolved gases, and suspended matter, which may result in major problems such as scaling or deposition, corrosion, and boiler water carry-on. Treating the water that circulates in the boiler is important for proper functioning. Untreated water is likely to form scales on the heat transfer surfaces when the water is heated. This results in the drastic reduction in heat transfer capabilities, which further leads to overheating, tube failure, and loss of efficiency. Global Boiler Water Treatment Chemicals Market: Information by Type (Oxygen Scavengers, Sludge Conditioners), Conditioning Method (External, Internal), End-Use Industry, Region—Forecast till 2023
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The global demand for boiler water treatment chemicals is primarily driven by the growing necessity for power generation. The increasing rate of power consumption across the world can be attributed to economic output. The industrial sector consumes vast amounts of electricity; thus, rapid industrialization across the globe is likely to drive the demand for boiler water treatment chemicals during the forecast period. Nevertheless, market players are focusing on strategic developments such as mergers, acquisitions, and product launches. For instance, in September 2017, Kurita Water Industries Ltd. launched a new version of CETAMINE, a water treatment chemical for intermediate and high-pressure boilers, for the Japanese market.
Use of high-pressure boilers in the food and beverage industry for processes such as cleaning, processing, distillation, and fermentation also drive the demand for these chemicals. The increasing demand for purified water through technologies such as zero liquid discharge and zero liquid blowdown is expected to further fuel market growth. Favorable government initiatives that promote renewable energy resources also lead to an increase in the demand for these chemicals.
Key Players and Competition Analysis
Some of the manufacturers operating in the global boiler water treatment chemicals market are BASF SE (Germany), Akzo Nobel N.V. (Netherlands), DowDuPont (U.S.), Ecolab (U.S.), Kemira OYJ (Finland), Suez (France), King Lee Technologies (U.S.), Lennetch BV (Netherlands), Bond Water Technologies, Inc. (U.S.), ChemTreat (U.S.).
Segmentation Analysis
The global boiler water treatment chemicals market has been segmented on the basis of type, conditioning method, end-use industry, and region. Based on type, the global boiler water treatment chemicals market has been segmented into oxygen scavengers, sludge conditioners, alkalinity builders, multifunctional, scale inhibitors, anti-foaming agents, sequestering agents, and others. Based on conditioning method,
Regional Analysis
The global boiler water treatment chemicals market has been segmented into five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East and Africa. The market in Asia-Pacific dominated the global boiler water treatment chemicals market in 2017 due to the high demand for power generation in the region. Rapid industrialization in emerging economies such as China and India is expected to drive the demand for these chemicals. North America accounted for the second-largest market share in 2017 on account of the high demand for boiler water treatment chemicals in the food and beverage and textiles industries. Browse the market data and information spread across 100 pages with 47 data tables and 12 figures of the report “Boiler water treatment chemicals market Trends Development Worldwide Forecast to 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/boiler-water-treatment-chemical-market-6181
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