Press release
Global Alkalinity Control Chemicals Market Analysis and Forecast (2023-2025): Growing Demand for Industrial Applications to Drive CAGR 3.5% Growth
Alkalinity Control Chemicals Market
Alkalinity control chemicals are used in water treatment to control the level of alkalinity in the water. Alkalinity is the measure of the ability of water to neutralize acids, and it is an important parameter in water treatment because it affects the pH of the water. Alkalinity control chemicals are added to the water to increase or decrease the alkalinity to the desired level. The alkalinity control chemicals market is expected to grow due to the increasing demand for treated water in various industries such as power, municipal, and food & beverage.
Market Size:
The global alkalinity control chemicals market size was valued at USD 1.47 billion in 2017 and is expected to reach USD 1.89 billion by 2025, growing at a CAGR of 3.5% from 2017 to 2025. The growth in the alkalinity control chemicals market is primarily driven by the increasing demand for treated water in various end-use industries.
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Alkalinity control chemicals are basically concentrated alkaline solutions designed to regulate the alkalinity of boiler water. Alkalinity control chemicals also prevent corrosion and assist in the conversion of hard scale deposits to soft and non-sticking mud. These chemicals possess various advantages; they are convenient and ready to use, can be mixed with other treatment chemicals and do not release carbon dioxide, as in the case of soda ash.
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
Based on product type
• 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
• Boilers
• Cooling Systems
• Others
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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
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.
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.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report covers exhaust analysis on:
• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain
Regional analysis includes:
• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
Report Highlights:
• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current, and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint
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The Chemicals and Materials division of Persistence Market Research offers distinct and pin-point analysis about chemicals and materials industry. Chemical coverage extends from commodity, bulk, specialty and petrochemicals to advanced materials, composites and nanotechnology in particular with special emphasis on 'green alternatives', recycling and renewable technology developments, supply-demand-trade assessment. Our research studies are widely referred by chemical manufacturers, research institutions, channel partners and government bodies for developing - 'The Way Forward'.
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