Boiler Water Treatment Chemicals Market to Make Great Impact in Near Future by 2029| Key Players Ecolab, Suez, Kemira, Kurita Water Industries, Solenis, Arkema, BASF, Chemtreat, Thermax
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“The boiler water treatment chemicals market is valued at $ 2.11 billion in 2019 and is projected to reach $ 4.22 billion by 2026 with a CAGR of 10.4% over the forecast period.”
Global Boiler Water Treatment Chemicals Market: Global Size, Trends, Competitive, Historical, and Predictive Analysis, 2021-2027 The increasing adoption of boilers in various industries is one of the main drivers for the growth of the global boiler water treatment chemicals market over the forecast period.
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Scope of the Global Boiler Water Treatment Chemicals Market report
Boiler water treatment chemicals are chemical compounds that are used in the processing / operation of industrial boilers as they are important in maintaining optimal levels of operation. The chemicals are dosed in the feed water in order to improve the operational efficiency of the industrial boilers and to reduce maintenance costs. The chemicals used to scavenge oxygen include sodium sulfite and hydrazine. They have various combinations of polyphosphates and organics that are used to prevent scale and corrosion in feed water systems. Volatile neutralizing amines and film inhibitors are used to prevent condensation corrosion. It is precisely for this reason that it is of great importance to obtain high quality feed water and to correctly maintain the properties of the boiler water. In order to understand the needs of the feed water being supplied to a particular steam boiler, a thorough and simple study of its supply / feed water must be performed. Feed water usually contains dissolved solids, dissolved gases, and suspended solids. These impurities can seriously damage the boiler and its parts. For the boiler to function effectively, the treatment of the feed water is essential and is strongly recommended.
The Global Boiler Water Treatment Chemicals market report is segmented on the basis of the product type, application, along with region and country. Based on the product type, the global Boiler Water Treatment Chemicals market is classified as Corrosion Inhibitors, Limescale Inhibitors, Oxygen Scavengers, and others. Based on the application, global boiler water treatment chemicals are divided into power, oil and gas, chemical and petrochemical, food and beverage, pulp and paper, and others.
The regions covered in this Boiler Water Treatment Chemicals Market report are North America, Europe, Asia Pacific, and Rest of the World. At the country level, the Boiler Water Treatment Chemicals Market is segmented into United States, Mexico, Canada, United Kingdom, France, Germany, Italy, China, Japan, India, Southeast Asia, GCC, Africa, etc.
Key Players in Boiler Water Treatment Chemicals –
Some key players in the global Boiler Water Treatment Chemicals market are Ecolab, Suez, Kemira, Kurita Water Industries, Solenis, Arkema, BASF, Chemtreat, Thermax, Veolia Water Technologies, Accepta Water Treatment, Aries Chemical, Akzo Nobel, Buckman Laboratories, BWA Water Additives UK, Chemfax -Products, Chemtex specialty, Dowdupont, Eastman, feed water and others.
DNV GL granted Wilhelmsen the world’s first type approval for the digital boiler water test and treatment system
November 16, 2020; In addition to the unique type approval for the Digi Boiler automated dosing system, Wilhelmsen was also the first and only approved service provider for the BMON + class notation to be certified by DNV GL. It reduces the risks associated with poor boiler water management, monitors the condition of the boiler water and doses the required amount of chemicals as needed. It offers real-time condition monitoring. The most important data on the boiler water are accessible to both the ship’s crew and onshore personnel via a tailor-made online portal.
Global boiler water treatment chemicals market dynamics
Additionally, the increasing demand for steam and pure water in numerous end-use industries is expected to drive growth in the global boiler water treatment market over the forecast period. The increasing industrialization in various economies also complements the global market demand for boiler water chemicals. Separation technology has been successfully incorporated into many industrial processes. Proper boiler water treatment is key to protecting the boiler from corrosion and possible malfunctions that require boiler water treatment chemicals. The efforts of industrial boilers and power plants as well as the CHP industry to meet system performance criteria and environmental regulations are enhanced by the use of membrane filtration in combination with the improved vibratory shear process. This development towards applications for industrial boilers and power plants as well as the availability of new membrane materials and VSEP technology make it possible to handle more difficult flows with technically and economically successful results. This study will be of interest to current and potential industrial boiler manufacturers and suppliers, entrepreneurs and companies interested in entering or expanding into the industrial boiler technology sector.
However, the lack of knowledge of the benefits and awareness of the boiler water treatment chemical can hinder the growth of the market. Even so, increasing technological innovation in this area may create more opportunities for further growth in the market.
Regional analysis of the global Boiler Water Treatment Chemicals Market
North America is expected to dominate the global boiler water treatment chemicals market due to the increasing adoption of boilers in various industries in this region. Significant growth in the global market for chemicals for boiler water treatment is expected for the Asia-Pacific region. This growth is due to huge investments in power generation, steady growth in the construction industry and rapid industrialization in countries such as China, India and Japan in this region. In addition, demand and market growth in the energy, manufacturing and industrial sectors are increasing, which in turn is increasing the demand for boiler water treatment systems and chemicals in the region.
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Key benefits to global Boiler Water Treatment Chemicals Market report
- The Global Boiler Water Treatment Chemicals Market report has detailed historical and forecast analysis.
- Global Boiler Water Treatment Chemicals market research report offers in-depth information on the market launch, market summary, global market revenue (USD sales), market drivers, market restraints, market opportunity, competitive analysis, regional and country level.
- Global Boiler Water Treatment Chemicals market report helps identify market opportunities.
- The Global Boiler Water Treatment Chemicals Market report contains a comprehensive analysis of the emerging trends and the competitive landscape.
Global Boiler Water Treatment Chemicals Market Segmentation:
By product type:
- Corrosion inhibitors
- Scale inhibitors
- Oxygen scavenger
- oil and gas
- Chemical and petrochemical
- Food and beverages
- Pulp and paper
According to regional and country analysis:
- North America
- Asia Pacific
- South East Asia
- Latin America
- The Middle East and Africa
- Rest of the Middle East and Africa
IMPORTANT REASONS TO BUY boiler water treatment chemicals Market report:
- To get insightful analysis of the market
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- Market strategies of leading organizations.
- Understand the future prospects and prospects for the market
Each company profiled in the research document is examined taking into account various factors such as product and application portfolios, market share, growth potential, future plans and development activities. Readers gain a thorough understanding and knowledge of the competitive landscape. Most importantly, the report sheds light on key strategies that key and emerging players are pursuing in order to maintain their ranking in the global ### Market. It shows how market competition will change over the next few years and how players are preparing to stay ahead of the curve.
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