Cooling Water Treatment Chemicals Market Compositions 2021: Global Manufacturers are Accepta, Buckman, BWA Water Additives, ChemTreat, DuBois Chemicals, Kemira Oyj and Others

Cooling Water Treatment Chemicals Market accounted for US$ 15,750.77 Mn in 2018 and is expected to grow at a CAGR of 5.9% during the forecast period 2019 - 2027, to account for US$ 26,253.37 Mn by 2027.

The Asia Pacific region holds the largest share in the global cooling water treatment chemicals market. The cooling water treatment chemicals market in the Asia Pacific is propelling due to the presence of small and large scale manufacturing companies in India, China, and Japan. The demand for cooling water treatment chemicals has increased from the steel, mining & metallurgy, petrochemicals & oil and gas, food and beverage, and textile industries over the past few years.

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China, India, and Japan are the most prominent regions for the growth of the cooling water treatment chemicals market, given that the power industry in these regions is among the well-established sectors. North America is projected to grow at a faster pace over the forecast period. Factors such as rapidly growing population and urbanization, coupled with changing lifestyles, have resulted in increasing per capita power consumption. Thus, it has fueled the demand for electricity in North American countries, which in turn has boosted cooling water treatment chemicals market. An expected increase in mine output and a continued emphasis on wastewater remediation will also support gains in cooling water treatment chemical demand.

Growing demand from power industry is expected to boost the demand for cooling water treatment chemicals market

Cooling water treatment chemicals market is fueling with the growth of the power industry owing to the high requirement of water and need to save freshwater resources. Cooling water treatment chemicals are gaining attention, especially in open-recirculating, closed-loop, and once-through frameworks, as these boost the heat transfer efficiency in a heat exchange equipment. The growing number of atomic plants across the world, combined with the need to maintain existing plants, is expected to augment the utilization of cooling water treatment chemicals.

Power industries, e.g., thermal and atomic plants, frequently use seawater or lake water for cooling the heat exchange equipment. The water is reused several times and returned to its source. About 99% of the water retrieved from the source is returned, and less than 1% of the water is squandered in dissipation. The power industry is expected to grow at an unprecedented rate in the future because of the growing power generation sector in developing regions. Despite the growing number of renewable energy industries, the power delivered by sustainable assets is too little to sate the developing interest.

Top Comapnies:

Accepta
Albemarle Corporation
Buckman
BWA Water Additives
Chemtex Speciality Limited
ChemTreat, Inc.
DuBois Chemicals
Ecolab
Veolia Water Technologies
Kemira Oyj

Table of Content (TOC):

1. Introduction
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5. Cooling Water Treatment Chemicals Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Growing Demand from Power Industry
5.1.2 Increasing Popularity of Zero Liquid blow down
5.2 Market Restraints
5.2.1 Increasing Popularity of Chlorine Alternatives
5.3 Market Opportunities
5.3.1 Greater emphasis on water recycling and reuse
5.4 Future Trends
5.4.1 Shifting Focus Toward Green Chemicals
5.5 Impact Analysis
5.6 Qualitative Information On Chemistries Used for Each Product Segments
5.6.1 Corrosion Inhibitors:
5.6.2 Scale Inhibitor:
5.6.3 Biocides:
5.6.4 Others:
5.7 Boiler Water Treatment Chemicals Market Analysis and Forecast To 2027
5.8 Boiler Water Treatment Chemicals Market Breakdowns By Regions
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Continued...........

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