Boiler Water Treatment Chemicals Market Report: Insights, Trends, and Opportunities

Industry Key Trends

• Increasing demand for corrosion inhibitors: The growing concern about corrosion in boilers and heat exchangers is driving the demand for corrosion inhibitors.

• Advancements in technology: Improvements in manufacturing technologies and the development of new boiler water treatment chemicals are leading to the growth of the market.

• Growing demand from emerging markets: The increasing industrialization and urbanization in emerging markets are driving the demand for boiler water treatment chemicals.

• Increasing focus on environmental sustainability: The growing awareness of environmental concerns and the need for sustainable products are driving the development of eco-friendly boiler water treatment chemicals.

• Increasing demand for blended/specialty chemicals: The growing demand for customized boiler water treatment solutions is driving the growth of the blended/specialty chemicals segment.

Boiler Water Treatment Chemicals Market Size and Share

Boiler Water Treatment Chemicals Market Statistics

• Market growth rate: 6.72% CAGR (2023–2031)

• Market size (2022): USD 3,539.6 Million

• Market size (2031): USD 6,355.9 Million

• Segmentation: By type, application, and end-user industry

Regional Trends

North America

• The US and Canada are the major markets for boiler water treatment chemicals in North America.

• The region is driven by the increasing demand for corrosion inhibitors and blended/specialty chemicals.

APAC

• China, India, and Japan are the major markets for boiler water treatment chemicals in APAC.

• The region is driven by the increasing industrialization and urbanization.

Europe

• Germany, UK, and France are the major markets for boiler water treatment chemicals in Europe.

• The region is driven by the increasing demand for eco-friendly boiler water treatment chemicals.

LAMEA

• Brazil, South Africa, and Saudi Arabia are the major markets for boiler water treatment chemicals in LAMEA.

• The region is driven by the increasing demand for boiler water treatment chemicals in the power generation and oil refinery industries.

Boiler Water Treatment Chemicals Market Segmentations

By Type

• Scale and Corrosion Inhibitors

• Coagulants and Flocculants

• Ph Boosters

• Oxygen Scavengers

By Applications

• Basic Chemicals

• Blended/Specialty Chemicals

By End-User Industry

• Power Generation

• Steel and Metal Industry

• Oil Refinery

• Chemical and Petrochemical

• Textile and Dye Industry

• Sugar Mill

• Pulp and Paper

• Food and Beverage

• Institutional

• Pharmaceutical

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Top Players in Boiler Water Treatment Chemicals Market

• AES Arabia Ltd

• Buckman

• ChemTreat Inc.

• Ecolab

• Ion Exchange

• Italmatch Chemicals (BWA Water Additives)

• Kurita Water Industries Ltd

• Metito

• Solenis

• SUEZ

• Thermax Limited

• Veolia

• Wetico

Conclusion

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