Boiler Water Treatment Chemicals Market Revenue, Insights, Overview, Outlook, Analysis 2035
The global boiler water treatment chemicals market was valued at USD 4,977 million in 2024 and is projected to grow at a CAGR of 10.6%, reaching USD 15,076 million by 2035.
Boiler water treatment chemicals play a critical role in improving boiler efficiency and extending equipment lifespan. Their usage has become increasingly vital across a range of industries. The market is witnessing substantial growth driven by rising demand from sectors such as power generation, manufacturing, food processing, and pharmaceuticals, where maintaining optimal boiler performance is essential for operational reliability and safety.
Regional Analysis
Asia-Pacific leads the global boiler water treatment chemicals market, driven by the region's expanding power industry, rapid infrastructure development, and increasing urbanization. While the demand for boiler water treatment chemicals in Asia-Pacific is expected to remain substantial, the market's growth rate is anticipated to moderate during the forecast period.
The global boiler water treatment chemicals market has witnessed significant expansion in recent years. This growth is primarily attributed to the rising need for fresh water in regions such as Asia-Pacific and the Middle East, along with industrial strategies aimed at reducing the cost of installing and maintaining raw water treatment equipment. Boiler water treatment chemicals play a crucial role in supporting these cost-effective solutions.
Category-wise Insights
Scale inhibitors hold a dominant position in the boiler water treatment chemicals market. During boiler operations, pipelines in industrial plants often develop scale deposits on their walls. If not addressed, these deposits can cause overheating, reduced heat transfer efficiency, tube failures, and restricted water circulation, ultimately compromising the reliability of the boiler system.
Widely used across industries such as oil and gas, power generation, textiles, and food processing, scale inhibitors play a crucial role in preventing such issues. The demand for these chemicals is growing alongside the expansion of these end-user sectors and an increasing emphasis on water treatment before discharge. Driven by these factors, scale and corrosion inhibitors are expected to maintain their dominance throughout the forecast period.
Read More: https://www.factmr.com/report/boiler-water-treatment-chemicals-market
Competitive Analysis
Key players in the boiler water treatment chemicals market include BASF, Arkema, Ecolab, Kemira, Solenis, Suez, Kurita Water Industries, Chemtreat, Thermax, and Veolia Water Technologies.
Recent developments from leading providers in the industry are as follows:
- In February 2020, Veolia Water Technologies UK acquired Biochemica Water Ltd., a water and wastewater treatment company, to solidify its leadership in water treatment chemicals.
- In February 2019, Kurita acquired U.S. Water Services Inc., a company specializing in the sale and manufacture of water treatment chemicals.
- In January 2019, Solenis announced the completion of its merger with BASF SE's wet-end "Paper and Water Chemicals" division. The new entity, Solenis, expanded its capacity to supply chemical solutions to a broad range of industrial customers.
- In October 2017, WaterBridge Ventures completed the acquisition of Arkoma Water Resources, LLC, significantly enhancing its operating capabilities and complementing its existing product offerings for water treatment, including produced water, transportation pipelines, supply water, and SWD infrastructure operations.
Market Segments Covered in Industry Analysis
- By Type :
- Scale Inhibitors
- Corrosion Inhibitors
- Oxygen Scavengers
- Other Types
- By End-Use :
- Power
- Oil & Gas
- Chemical & Petrochemicals
- Food & Beverage
- Other End-Use
- By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
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