|07-27-2018 04:03 PM CET - Business, Economy, Finances, Banking & Insurance||
Internal Boiler Treatment Chemicals Market to Receive over Whelming Hike in Revenues by 2018-2027
Press release from: Fact.MR
PR Agency: Fact.MR
A recent analytical research report of Fact.MR provides estimations and forecasts on the internal boiler treatment chemicals market at a global, regional, and country level. This report offers growth prospects on the market for the forecast period (2018-2027). Influential trends guiding direction of the market expansion have been elaborated in the report. The report has been compiled with the help of robust research methodology, and stakeholders in the internal boiler treatment chemicals market can gain credible and holistic insights on the market.
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Steam generating and heat transfer efficiency are considered critical metrics for boilers, which can influence fuel costs, maintenance expenditure, and unscheduled outages. Deposition and corrosion are the key issues that negatively impact the overall reliability of boiler systems. Several chemicals are employed for treating the boiler feed water to ensure their smooth operation, and enable an efficient and optimized steam generation. These chemicals not only enable efficient running, but also help in saving energy costs while trimming the carbon footprint and increasing the lifespan of boilers.
Key stakeholders in the global internal boiler treatment chemicals market include M&S Water Service Limited, SUEZ Water Technologies & Solutions, NALCO Water, Kch India Private Limited, and Accepta Water Treatment. These companies are focusing on the provision of proper & customer requirement-specific chemical treatment packages. For example, all new “Internal Treatment” programs offered by SUEZ prevent boiler systems from scaling and deposition problems, thereby improving their asset reliability and efficiency. Companies such as Kch and Accepta have developed new internal boiler treatment chemicals which impart higher performance and offer excellent system protection. Kintec 2210, an excellent scale and corrosion inhibitor developed by Accepta, exerts high performance all-inclusive treatment formulation for compact boiler systems.
Fact.MR’s report foresees the boiler industry to be significantly characterized by prevailing go-green notion that has led government and private bodies to take incessant efforts toward drafting policies for realizing energy-efficiency and sustainability goals. For example, 2050 Target for UK envisioned by The U.K Energy Research Center aims at 80% reduction of carbon emission by 2050-end, with the primary intent behind the target being decarbonizing buildings by employing low-carbon heat and hydrogen pumps. On the coattails of this, the U.K. government compiled a strategic agenda for promoting utilization of condensing and biomass boilers for heating systems in both non-domestic and domestic buildings.
Another example is of the California’s state government, which announced investment of US$ 55 billion for developing the state infrastructure by 2021-end. The government is focusing on implementing clean energy norms to promote energy efficiency projects. This has entailed the requirement for replacing unproductive high-pressure boilers with hot water-based efficient boiler systems. The government has also invested US$ 4 million for implementation of advanced boiler systems. Implementation of such supportive initiatives are likely to proliferate installations of boiler systems, thereby propelling growth of the global internal boiler treatment chemicals market.
Preventing corrosion failure of the carbon steel pipes in feed water systems has remained essential for operational stability of boiler systems. A prevailing practice for controlling corrosion is retaining pH of boiler water and condensate/feedwater at a high level. However, this practice has been linked with a drawback – corrosion of copper-based material owing to excessively high pH of the feedwater. In order to resolve the challenge, some companies have been taking efforts to develop one-stop solution to ensure safe & stable operation of boiler systems.
Kurita Water Industries Ltd., in 2017, introduced its safe, ecofriendly water treatment chemical for use in intermediate and high-pressure boilers. This new chemical CETAMINE®, which incorporates a Film Forming Amine, prevents corrosion by forming an aqua-phobic film layer that prevents the direct contact of the metal surface with the feedwater. Kurita launched its new, environment-friendly internal boiler treatment chemical in Japan, and the product complies with Poisonous and Deleterious Substances Control Act of Japan.
Unlike previous practices for treating boiler feedwater with chemicals that entailed requirement for 3 different agents, namely, a pH adjuster, an oxygen scavenger, and a boiler compound, CETAMINE provides all these functions in a single product. Innovations such as this are further expected to conjure significant benefits in terms of saving costs related to operation and maintenance of boiler systems.
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A multitude of analysis has been included for revving up uniqueness of insights on the internal boiler treatment chemicals market provided in the report. This extensive data study on the forecast growth of the market offers various benefits to the report readers. This report further helps in identifying opportunities for the market players, so as to enable them to achieve high profits while catering to the global demand for internal boiler treatment chemicals.
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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This release was published on openPR.
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