Materials & Chemicals Market Research News

New report: Boiler water treatment chemicals market trends and forecasts 2017 - 2022

Materials & Chemicals Research

The global boiler water treatment chemicals market is expected to grow at a CAGR of 5.41%, during the forecast period of 2015 to 2020.

Industrial boilers are used in almost all the industries and are employed extensively. To ensure smooth performance of the boilers, the feed water is treated with various chemicals and these chemicals themselves represent a big and fast growing market all over the world.

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The global market has grown during the past few years and is driven by factors such as the requirement of fresh water by countries in the Asia-Pacific and Middle East regions and strategies adopted by industrialists to reduce the investment made for raw water treatment equipment installation and maintenance, with the help of boiler water treatment chemicals.

The major consumer of boiler water treatment chemicals is the power industry, which has a market share of 30.30%, and the other major industries such as the steel and metal industry, petrochemicals, food and beverage, and oil refineries (for the oil industry), account for a majority of the remaining market share.

Global Boiler Water Treatment Chemicals Market Share, by End-User Industry, 2015 (%)

Scaling is one of the prime issues in all industrial boilers. The industrial boilers or the steam generation units operate at very high temperatures and are prone to scaling, increasing the maintenance costs and downtime of the equipment.

Scaling inhibitors are used in these systems to prevent scaling and reduce the damages associated with it. Scaling inhibitors hold a major market share in the boiler water chemicals, accounting for 22.99% of the market, after the oxygen scavengers.

Asia-Pacific represents the biggest market for the boiler water chemicals, due to the growing power industry, which is a major consumer of boiler water treatment chemicals. The market in Africa is expected to grow at a slow pace due to the ongoing switch to the renewable and non-conventional sources of energy.

Global Boiler Water Treatment Chemicals Market Share, by Geography, 2015 (%)

Some of the major players in this industry include

Akzo Nobel NV (The Netherlands) 
BASF SE (Germany) 
Dow Chemicals (U.S.) 
Ecolab Inc. (U.S.) 
GE Water and Process Technologies (U.S.) 
Kemira OYJ (Finland) 
Suez Environment (France) 
Veolia International (France)

After the introduction of Nalcos corrosion and stress monitor, Ecolab Inc. increased its value as a prime player in the boiler water chemicals market, and companies such as Veolia and GE Water are also trying to catch up with Nalco.

However, according to the current trend, Nalco is poised to lead the market of boiler water treatment chemicals during the forecast period of (2017 - 2022).


Key Deliverables in the Study

Market analysis for the global boiler water treatment chemicals market, with region specific assessments and competition analysis on global and regional scales. 
Market definition along with the identification of factors instrumental in changing the market scenarios and prospective opportunities. 
Extensively researched competitive landscape section with profiles of major companies along with their market shares. 
Identification and analysis of the macro and micro factors that affect the global boiler water treatment chemicals market on both global and regional scales. 
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information. 
Insights on the major countries/regions where this industry is working and also identify the regions that are still untapped.

Key Questions Answered In This Report
· What will the market size and the growth rate be in 2022?
· What are the key factors driving this report?
· What are the key market trends impacting the growth of this report?
· What are the challenges to market growth?
· Who are the key vendors in this market space?
· What are the market opportunities and threats faced by the vendors in this report?
· Trending factors influencing the market shares of the Americas, APAC, and EMEA?
· What are the key outcomes of the five forces analysis of this report?

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