Press release
Boiler Water Treatment Chemicals Market is growing at a moderate rate upto 2025
Boiler Water Treatment Chemicals Market
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This report also focuses on the Professional Global Boiler Water Treatment Chemicals Market size with respect to the volume and value - at the regional, company, and worldwide level. Market strategies undertaken, with regards to the current and future industry scenario have also been enlisted in the study.
The prominent boiler water treatment chemicals share contributors are
1. AkzoNobel
2. BASF SE
3. The Dow Chemical Company
4. Kemira Oyj
5. Chemtex Specialty Limited
6. Ecolab Inc.
7. Veolia International
8. Thermax Limited and GE Water
9. Process Technologies.
The overall boiler water treatment chemicals market, based on product type, is be segmented into corrosion & scale inhibitors, biocides, foam control agents, oxygen scavengers, coagulants & flocculants and pH control agents. Some other types of product are chelating agents, fluoridation chemicals, etc. The oxygen scavenger segment held a major chunk of global boiler water treatment chemicals market size in 2016 due to its prominent use in removing residual oxygen from feedwater and superior resistance against corrosion.
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The product finds application in several end-user industries such as oil refineries, petrochemical, steel & metal, food & beverage, textiles & dyes, power sector (power plants) and pulp & paper. Other fields of application for boiler water treatment chemicals market are pharmaceutical industry, sugar mills, etc
Asia Pacific held the biggest share of global boiler water treatment chemicals market in 2016. This can be attributed to huge investments on power generation, steady growth in building & construction industry and rapid industrialization in countries including China, India, Japan, South Korea, etc.
North America and Europe are likely to show moderate growth rates due to ongoing drift towards non-conventional and renewable sources of energy. The boiler water treatment chemicals market shall witness exponential growth in Saudi Arabia, south Africa and GCC in the coming years owing to the growing product demand in existing oil refineries and petrochemical industries.
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Key questions answered in the report:
o What will be the Boiler Water Treatment Chemicals Industry demand, size, share, and consumption between 2020 to 2025?
o What will the growth rate of market?
o What was the status of this market worldwide during the past years?
o What are the key factors that will drive the market?
o What are the risks, opportunities, and the overview of market?
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Global Market Insights, Inc.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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