Press release
Prevalence of Cognitive Computing to Aid Alkalinity Control Chemicals Market Expansion During 2020
Alkalinity Control Chemicals Market
Examples of some of the market participants identified across the value chain of the global alkalinity control chemicals market include
Schlumberger Limited,
Accepta,
Wilhelmsen Group Company,
IXOM,
ChemTreat,
GE Corporation,
Canada Colors and Chemicals Limited, BASF SE, ZEEL PRODUCT and others.
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It is essential to utilize chemical treatments for water as impurities can affect the necessary parts and accessories of boilers. With the rising utilization of alkalinity control chemicals, their demand is estimated to grow significantly across various industries over the forecast period. Alkalinity control chemicals are the most convenient liquid treatments that provide basic alkalinity for scale control and optimum corrosion. Further, they can be utilized as neutralisers after acid cleaning operations in different systems.
Global Alkalinity Control Chemicals Market: Segmentation
Globally, the alkalinity control chemicals market can be segmented on the basis of product type and application.
Based on product type, the global alkalinity control chemicals market can be segmented into:
Acids
Hydrochloric Acid
Sulphuric Acid
Acetic Acid
Citric Acid
Sulphamic Acid
Others
Bases
Caustic Soda
Hydrated Lime
Sodium bicarbonate
Caustic Potash
Others
Based on application, the global alkalinity control chemicals market can be segmented into:
Boilers
Cooling Systems
Others
Global Alkalinity Control Chemicals Market: Dynamics
In order to ensure the suitable working of equipment in industries, such as boilers and cooling systems, the water feed is treated with various agents and chemicals, which leads to optimized steam generation. The quality of water with respect to alkalinity level differs with respect to the source feed. Further, growing demand for boilers and other equipment in industrial, commercial and manufacturing sectors propels a rise in the demand for alkalinity control chemicals. This, in turn, pushes growth of the global alkalinity control chemicals market over the forecast period.
Moreover, stricter regulations are being put by various governmental regulatory authorities on the utilization and manufacturing of boilers in order to ensure their controlled and safe operation. Regulatory authorities perform regular inspection activities to ensure healthy operating conditions in boilers, making it mandatory for operators to keep them safe. Alkalinity control chemicals also help in increasing the life of equipment by preventing them from corrosion. On the other hand, significant costs and availability of alternative chemicals are key factors restraining growth of the alkalinity control chemicals market over the forecast period.
Global Alkalinity Control Chemicals Market: Region-wise Outlook
On the basis of geography, key manufacturers of alkalinity control chemicals are based in developed economies, including the U.S. and Germany. Attributing to rapid industrialization and rising demand for boilers from the industrial sector in India and China, the Asia-Pacific region is expected to witness a boost in the demand for alkalinity control chemicals. The demand for alkalinity control chemicals is on the slower side in the Middle East & Africa and Latin America region.
Global Alkalinity Control Chemicals Market: Market Participants
The global alkalinity control chemicals market is one of the most fragmented markets as a large number of players are involved in the manufacturing of these chemicals.
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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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