Boiler Water Treatment Chemicals Market Report delivers important insights and provides a complete and legitimate estimation of the significant difficulties confronted by key Drivers of Market currently and in the upcoming years.
Global “Boiler Water Treatment Chemicals Market” 2020: – Boiler Water Treatment Chemicals Market report intends to offer inside and out data about Boiler Water Treatment Chemicals industry with market outlook, trends, business strategies and future prospects of industry. It includes this market status with some changing size and trends which will affect the market rate of growth. Boiler Water Treatment Chemicals market report covers the many growth prospect over the approaching years. Likewise, it studies market new product analysis, strategies, financial overview and trends. Boiler Water Treatment Chemicals market report also offers a summary of revenue, sales, product demand, and provide of knowledge, cost, and growth analysis during the forecast year 2023.
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The boiler water treatment chemicals market is expected to expand significantly with a CAGR of 5.42% during the forecast period (2018 – 2023). The Asia-Pacific region is estimated to lead the market owing to its rapid growth in the power generation and process industries. One of the major drivers for this market is the increase in the demand from fast-growing economies, like India and China.
Top Manufacturers Listed in the Boiler Water Treatment Chemicals Market Report are:
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Detailed Overview about Boiler Water Treatment Chemicals Market:
Power Industry Dominates the Market
The power industry has the largest application in this market. The shift in the power industry to more cost-effective methods, especially in developed countries, is expected to drive the demand for these chemicals. In Asia-Pacific and South East Asia, the maximum growth of thermal power plants is expected. The market growth will be largely dependent on the demand coming from India and China. Moreover, in Europe, Germany has announced plans to shift from nuclear power plants to the next available cost-effective solution, i.e. thermal power. These changes are expected to drive the market and increase the demand for boiler water treatment chemicals.
Scale Inhibitors Hold the Largest Market Share
The scale inhibitors segment accounted for the largest share of about 19% of the total market. It is also expected to be the fastest growing segment. Scale inhibitors are widely used in various industries, such as oil and gas, power generation, textile, and food processing. Globally, around 1,500 coal plants are under construction or are under various stages of planning. In the oil and gas industry, the total net addition of distillation capacity is expected to grow with the largest capacity expansion in Asia and the Middle East regions. Such growth in the end-user industries, coupled with an increasing focus to treat water before releasing, is expected to drive the market for scale inhibitors.
Asia-Pacific to Lead the Market
Asia-Pacific has the largest market share of approximately 33% of the global market. This is due to the consistent economic growth in the emerging economies, such as India, China, Indonesia, Japan, South Korea, and Malaysia. The demand and market growth in the power, manufacturing, and industrial sectors is increasing, which, in turn, is boosting the demand for boiler water treatment systems and chemicals. As the market is stagnated in developed countries, many industries are being established in the fast-growing economies, like India and China. This is expected to ensure that the demand for boiler water treatment chemicals will remain high.
Key Developments in the Market
March 2018: Kurita Water Industries Ltd announced that the company has started selling a new version of Cetamine, a water treatment chemical for middle and high pressure boilers.
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Moreover, development policies and plans are discussed as well as manufacturing processes and cost structures. This report also states Boiler Water Treatment Chemicals market trend, import/export, supply and consumption figures as well as cost, price, revenue and gross margin by regions, and other regions can be added.Boiler Water Treatment Chemicals market forecast For the period of 2020-2023, this study provides the Boiler Water Treatment Chemicals sales, revenue and market share for each player covered in this report.
Reasons to Purchase the Boiler Water Treatment Chemicals Market Report:
– The report analyses how the shift towards safety will drive the global Boiler Water Treatment Chemicals market.
– Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
– Study on the product type that is expected to dominate the market.
– Study on the regions that are expected to witness fastest Boiler Water Treatment Chemicals Market growth during the forecast period.
– Identify the latest developments,Boiler Water Treatment Chemicals market shares and strategies employed by the major market players.
– Analyzing what will be the Boiler Water Treatment Chemicals Market size.
Major Points from Table of Contents:
1. Introduction1.1 Research Phases1.2 Study Deliverables1.3 Scope of the Report2. Executive Summary3. Market Insights3.1 Industry Value Chain Analysis3.2 Industry Attractiveness – Porter’s Five Forces Analysis3.2.1 Bargaining Power of Suppliers3.2.2 Bargaining Power of Consumers3.2.3 Threat of New Entrants3.2.4 Threat of Substitute Products and Services3.2.5 Degree of Competition4. Market Dynamics4.1 Drivers4.1.1 Government initiatives to Promote Renewable Energy Resources4.1.2 Accelerating Usage in Power Generation and Process Industries4.1.3 Reduction in Pre-treatment and Heat Exchanger Equipment Cost4.1.4 Growing Popularity of Zero Liquid Blowdown4.2 Restraints4.2.1 Hazardous nature of hydrazine4.3 Opportunities4.3.1 Increasing Demands from Developing and Underdeveloped Countries4.3.2 Advancement in Eco-friendly Chemicals4.3.3 Conversion of power generation process to cost effective methods5. Market Segmentation and Analysis (Market Size, Growth, and Forecast)5.1 By Type5.1.1 Corrosion Inhibitor5.1.2 Scale Inhibitors5.1.3 Coagulants and Flocculants5.1.4 pH Boosters5.1.5 Oxygen Scavengers5.1.6 Others5.2 By Application5.2.1 Power Industry (Power Plants)5.2.2 Steel and Metal Industry5.2.3 Oil Refineries (for Oil Industry)5.2.4 Petrochemicals Industry5.2.5 Textile and Dyes Industry5.2.6 Sugar Mills5.2.7 Paper Mills5.2.8 Food and Beverage industry5.2.9 Institutional (Facility Management)5.2.10 Others6. Regional Market Analysis (Market Size, Growth, and Forecast)6.1 Asia-Pacific6.1.1 China6.1.2 India6.1.3 Japan6.1.4 South Korea6.1.5 Australia and New Zealand6.1.6 Rest of Asia-Pacific6.2 North America6.2.1 United States6.2.2 Canada6.2.3 Mexico6.2.4 Rest of North America6.3 Europe6.3.1 Germany6.3.2 United Kingdom6.3.3 Spain6.3.4 Italy6.3.5 France6.3.6 Russia6.3.7 Rest of Europe6.4 South America6.4.1 Brazil6.4.2 Chile6.4.3 Argentina6.4.4 Rest of South America6.5 Middle East and Africa6.5.1 Saudi Arabia6.5.2 South Africa6.5.3 Rest of Middle East and Africa7. Competitive Landscape7.1 Mergers and Acquisitions, Joint Ventures, Collaborations and Agreements7.2 Market Share Analysis**7.3 Strategies Adopted by Leading Players8. Company Profiles (Overview, Financials**, Products and Services, and Recent Developments)8.1 Akzo Nobel N.V.8.2 BASF SE8.3 DowDuPont8.4 Ecolab Inc.8.5 Kemira Oyj8.6 Suez Environment8.7 Veolia International8.8 Alkema Solutions (American Water Chemicals, Inc.)8.9 Avista Technologies Inc.8.10 Berwind (BWA Water Additives)8.11 Genesys International Ltd.8.12 Solenis International LP8.13 H2O Innovation Inc.8.14 Ion Exchange India Limited8.15 Italmatch Chemicals S.p.A8.16 King Lee Technologies8.17 Reverse Osmosis Chemicals International8.18 Kurita Water Industries Ltd.8.19 Thermax Ltd.8.20 Veolia Water Solutions and Technologies*List not exhaustive9. Disclaimer**Subject to availability on public domain
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