Global Boiler Water Treatment Chemicals Market size is likely to expand at a prominent CAGR in the forecast period.

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.

Water generally has dissolved gases & solids and suspended solids. These contaminations can cause severe damage to boiler & its parts. Boiler water treatment chemicals facilitate continuous heat exchange, high-quality steam generation and protection from corrosion. The chemicals are added to enhance safety, reliability and efficiency of system. Chemical treatment is done only after removing the mechanical and physical impurities.

With increasing usage of boilers in numerous end-user industries, the global boiler water treatment chemicals market size is expected to rise significantly over the forecast timespan. Other prime factors responsible for driving global boiler water treatment chemicals market are requirement of fresh water by Asia Pacific and Middle East countries. In addition, strategies incorporated by industry share contributors to reduce investment on raw water treatment equipment maintenance and installation will complement business growth. Furthermore, the global boiler water treatment chemicals market share is propelled by various indirect economic benefits offered by the product such as improved boiler efficiency along with expanded life of boiler components.

Make an Inquiry before buying @ https://www.gminsights.com/inquiry-before-buying/1541

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. The oxygen scavenger segment is followed by scaling inhibitors segment due to its wide application for preventing scaling and reducing damages related to scaling.

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. The power sector is a chief consumer of the product, as steam generated by boiler is largely utilized for power production. It is followed by steel & metal, food & beverages, oil refineries and petrochemicals.

Browse complete summary of this report @ https://www.gminsights.com/industry-analysis/boiler-water-treatment-chemicals-market

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. Moreover, rise in population in the region will boost the building & construction industry, which in turn, will increase the product demand over the forecast period.

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.

Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/1541

Majority of companies are adopting joint ventures and acquisitions as strategies to diversify their product portfolio and penetrate local market, which will aid them to achieve competitive advantage in boiler water treatment chemicals market share. For instance, NALCO (a division of Ecolab Inc.), introduced 3D TRASAR Technology, a corrosion & stress monitor in 2009, which increased its value as a major player in boiler water treatment chemicals market. This increased competition among existing players such as Veolia and GE Water and Process Technologies to match up NALCO’s technology.

About Global Market Insights, Inc.
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.

Contact Us
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1 888-689-0688
Email: sales@gminsights.com

This release was published on openPR.