Boiler Water Treatment Chemicals Market Snapshot

“The Boiler Water Treatment Chemicals Market Predictable at $4.57 billion in 2022, is estimated to increase at a CAGR of 10.2% from $4.94 billion in 2023 to $6.2 billion by 2030.”

Boiler water treatment refers to the process of conditioning and treating boiler water feed with the aim of achieving three requirements. In order for the treatment of boiler water to continue it must have the possibility of a continuous exchange of heat and protection against superior quality steam and the protection against corrosion.

Boilers are made to heat liquid and then the hot or vaporized liquid is released from the boiler to can be utilized for heating and other industrial procedures including cooking, sanitation, and. The most common industries using boilers are those in the textile, pharmaceutical steel, chemical industries.

The chemicals used in the treatment of water for boilers can be used to reduce the formation of dangerous deposit and to prevent corrosion of industrial boilers. The chemicals add to water flowing throughout the boiler in order to regulate the pH, dissolving mineral deposits and to prevent the development of scale and sludge. Below are some of the more common forms of chemicals used in the treatment of water for boilers Oxygen scavengers - These chemicals eliminate oxygen in the water that is dissolved that can cause corrosion of the boiler and its parts.

Anti-scale chemicals help to prevent the development of mineral scale on areas of the boiler which could reduce the efficiency of heat transfer and lead to malfunctions in the equipment. pH adjusters: These chemicals help to keep the pH levels of boiler's water within a certain level, which helps in preventing corrosion and the development of scale.

Biocides- These substances help to limit the spread of bacteria as well as other microorganisms that live in boiler water. These microorganisms can lead to corrosion and fouling. Dispersants- These chemicals stop the growth of sludge and other sludge deposits within the boiler's water, by dispersing these into smaller particles which can easily be removed.

It is important to remember that the exact chemicals and treatment process used be contingent on the kind of boiler used, the grade of water supplied, and the operation conditions of the boiler. The correct treatment for boilers is vital to ensure maximum efficiency, increasing the lifespan of equipment as well as ensuring safe and dependable operations.

Boiler water treatments are used across a variety of industries, in which boilers are extensively used for power generation, refineries for oil as well as food and beverage manufacturing as well as textile and dye manufacturing and sugar mills, pulp and paper manufacturing pharmaceutical manufacturing and many other.

This Global Boiler Water Treatment Chemicals Market report is a complete review of the industry. The report provides an in-depth review of the key segments, the latest trends driving forces, limitations, market dynamics, and other factors that play an important impact on the market.

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Key Takeaway

• The corrosion inhibitors and scale segment is the largest producer of the market based on kind.
• The specialty chemicals segment, which is blended, is the biggest contribution to the market according to the application.
• The segment of power generation is the largest producer of the market, according to the end-user.
• Asia-Pacific is the biggest revenue-generating region by area.

Boiler Water Treatment Chemicals Market Dynamics

Growth Factors

In the forecast timeframe that is expected to last for a while, the market for boiler water treatment is predicted to increase because of an increasing demands for pure steam and water from various industry sectors.

The most important aspects of the treatment of boiler water are protection against corrosion, constant transfer of heat as well as high-quality steam production.

Boiler water chemical are used to ensure the system's function security, reliability, and safety. The chemical treatment process is only performed when mechanical and physical impure elements have been eliminated.

Industrialization at a high level in different countries is one of the main causes driving the global the demand for boiler water chemical.

The demand of power generation rises as does the demand for boiler technology. This is expected to cause the demand for water treatment chemicals to expand even more. These forces are driving the explosive growth of the Boiler Chemicals and Water Treatment Industries.

In the coming years an increasing need for pure and steam for a wide range of use industries is expected to push the worldwide industry of boiler water treatment forward.

The global market for chemical compounds for boilers is increased by industrialization growth in diverse economies. A number of industrial companies have implemented successfully the technique of separation.

Chemicals used to treat water in boilers must be used to protect the boiler from corrosion and possible failure. Membrane filtration, when combined with an enhanced vibratory shearing procedure improves the efficiency for industrial boilers and power plant, in addition to cogeneration, so that they can attain system performance targets and the environmental requirements.

The availability of innovative membranes and VSEP technology and the advancement of new technologies for industrial boilers and power plants, makes it possible to deal with the most challenging streams using technically efficient and economical results.

But, the insufficient awareness and knowledge regarding the advantages of using chemicals to treat boiler water could hinder the growth of this market. But, a advances in technology within this field may provide opportunities for expansion of businesses.

Growth Drivers

A rising demand from Power Generation Industry

The utilization of the power of thermal energy brings about a number of environmental problems. In addition, the expansion of capacity for new thermal-powered power stations around the globe is in part driven by their ability to supply secure, dispatchable cheap energy. This is growing the number of boilers being used.

The capacity installed by thermal power stations in India is expected to increase from 230,599.77 megawatts in 2020, to the number of 243,037 megawatts in 2022 according to the National Electricity Plan released by the Ministry of Power, New and Renewable in the month of March, 2020. This is why the chemicals used to treat boilers market has been motivated by the growing demands from the power generation sector.

The rising demand From the Pharmaceutical Sector

In light of the system's simplicity of operation and efficiency Most pharmaceutical firms choose steam boilers with high pressure. High-pressure steam boilers are utilized for direct and indirect heating in one go. The above factors have made high pressure steam boilers the most popular choice to heat the process of pharmaceuticals. In the wake of rising health issues as well as a population that is aging along with other causes that affect the pharmaceutical industry globally, it has seen significant growth in the last ten years.

This expansion in the industry of pharmaceuticals has boosted the demand for industrial boilers, which has increased the need for chemical substances that are used to treat boiler water. Due to all the above factors and the fact that the pharmaceutical industry has seen an increase in demand which plays a major role for the industry's expansion.

Restraints

Abnormal Knowledge of Boiler Water Management

Boiler water chemical are essential in maintaining the proper functioning of heat exchange equipment since they keep equipment free of fouling through reducing corrosion, scaling and the growth of bacterial. Boiler water solutions reduce total operating cost (TCO) in that they reduce the expense of preventive maintenance. They also lengthen the period between maintenance jobs and consuming less energy making use of less water, putting less on water treatment and most important keeping the highest efficiency of operation.

Even with all these advantages that boiler water chemicals provide, they aren't commonly used in countries with poor infrastructure because the people must be conscious of their presence. The chemicals used to treat water in boilers must be regularly injected into circulating water for continual effectiveness. A few industries should be aware of how important it is to treat the chemicals as a one-time investment and regularly injecting them.

Certain industries require extensive boiler water treatment methods. Due to the above trends that require knowledge about the treatment of boilers has been identified as an important obstacle for the business under consideration.

Opportunities

Growing Use of Film-Forming Amines for Corrosion Protection

Chemicals known as film-forming amines (FFA) can be used to treat boiler water as they help prevent the corrosion. Each molecule is able to form bonds with the substrate due to the amine group. Additionally, the long-chain organic component of the molecule is extended into the water, and acts as an obstacle. Unfortunately, a lack of control as well as a ignorance of chemical chemistry of amines caused the development of gunk ball that blocked steam generators. The amines have been able to stop forming and produce sludge for steam water treatment.

In recent times, however it has seen an upsurge in the use of amines with film-forming properties for boiler water treatment because of the introduction of novel film-forming amines like ChemTreat's TITAN360 series. The new generation of FFAs greatly enhance the security of metallic surfaces. This means that this market is likely to have a substantial potential for growth in the future due to the wide application of film-forming amines in heating water treatments.

Boiler Water Treatment Chemicals Market Segment Analysis

How come Scale Inhibitors have dominated the market of Boiler water treatment Chemicals in general?

The use of scale inhibitors is a major part of the chemicals used to treat boiler water business. Pipelines used in industrial facilities develop wall scales during operations with boiler water. If not checked, the scales could cause excessive heat and lower efficiency of heat transfer tubes, failure of the tube, as well as a reduced circulation rate, which can decrease the reliability of boiler water systems.

The use of scale inhibitors is common across a range of industries like the power and oil industries, generation, textiles, as well as food processing to prevent the possibility of. The demand for inhibitors of scale will increase as the end-user industries grow, as is a growing emphasis on the treatment of water prior to release. Because of these elements, the use of scale as well as corrosion inhibitors are likely to be the dominant product in the forecast period.

The Power segment was the dominant one in this market? Boiler water treatment chemicals Market?

Power has the largest market share of Boiler chemical water treatments. Growing urbanization rates and a growing world population is driving the growth of this market. In response the population is growing, so there's an increased demand for power. Furthermore, the rising quantity of nuclear power stations in the developing nations of the globe has increased demands for water treatment chemicals in boilers.

Power stations use large amounts of water. This is mostly due to efficient operation of the turbines which generate heat. In addition, they are the most significant consumers of water treatment chemicals for boilers. Malaysia is currently developing various thermal power plants. Over the next few years of time, the boiler water treatment chemicals market will grow due to the swift progress of the projects.

There is an increase in the quantity of nuclear power plants within China. There are more than 35 nuclear power stations that are operating in the region and twenty more under construction. The new power stations will increase the capacities of nuclear power by 70 percent in the near future.

The U.S. is the world's largest producer of nuclear energy. To increase nuclear power production as well, the US government has proposed several additional reactor installations. In the projected timeframe growing the number of nuclear reactors within both the U.S. and China is expected to boost market for water-based boiler chemicals. In the course of the projected time, the power sector will be expected to lead the market.

Competitive Landscape of the Boiler Water Treatment Chemicals Market

• BASF
• Arkema
• Chemtreat
• Thermax
• Veolia Water Technologies
• Ecolab
• Kemira
• Solenis
• Suez
• Kurita Water Industries

Recent Developments in Boiler Water Treatment Chemicals Market

22 May 2023: BASF’s Coatings division has launched a crowdsourcing digital tool to streamline and enhance color formula search for customers of its two paint brands, NORBIN and Shancai.

22 March 2023: BASF introduced a new Ultramid Deep Gloss grade, optimized for highly glossy automotive interior parts, and applied for the first time to the garnish of Toyota‘s new Prius.

In Nov 2022, Bond Water is dedicated to providing the water treatment industry with the greenest products possible. Bond is providing their customers with better and more sustainable chemical solutions by reducing reactive phosphate and getting rid of any heavy metals from our manufacture. The company’s goal is to offer its customers not only a green option but also a product line made to handle the most demanding cooling applications and elevate their facility to the highest level of green technology. Bond announced to completion of the EcoTraceTM product line roll-out.

July 2022- American Water Treatment, Inc. a leading provider of water treatment equipment, chemicals, consultation, and preventative maintenance services for a wide variety of end-market applications, announced that it was acquired by Water Engineering.

May 2022- The country’s first indigenous plant to make an important chemical compound called ‘hydrazine hydrate’ (HH) would become commercially operational through the Gujarat Alkalies & Chemicals Limited (GACL) in Vadodara.

In February 2020, Veolia Water Technologies UK bought Biochemica Water Ltd, a water and wastewater treatment company, to strengthen its position as a leader in water treatment chemicals.

In February 2019, Kurita purchased U.S. Water Services Inc., a company that sells and manufactures water treatment chemicals.

In January 2019, Solenis stated that they have finalized their merger with BASF SE's wet-end "Paper and Water Chemicals" division. The new company will be known as Solenis and will also be able to supply increased amounts of chemical solutions to a variety of industrial customers.

In October 2017, WaterBridge Ventures announced that it has finalized the takeover of Arkoma Water Resources, LLC. This acquisition considerably enhances WaterBridge's operating capabilities and complements the company's existing product offering for water treatment, including produced water, transportation pipeline, supply water, and SWD infrastructure operations.

Regional Insights

The region that had the highest revenue share of Boiler Chemicals for Water Treatment?

Asia-Pacific was the dominant region in the world boiler water treatment chemicals market due to its rising power sector, its construction of infrastructure and the urbanization. The need for water treatment chemicals is anticipated to stay large in the region; however, it will likely to grow in a moderately slow pace over the forecast time. The worldwide market for water treatment chemicals in boilers has been growing in recent times.

The growth is fueled by factors such as the demand for water that is fresh throughout Asia-Pacific and in the Middle East, as well the methods used by industrialists in order to cut down costs of installing and sustaining raw water treatment systems with the help of chemicals for boiler water treatment.

China Boiler Water Treatment Chemicals Market Analysis

The market for water treatment chemicals within Asia-Pacific is controlled by China. The power sector, food industry and the manufacturing of industrial machinery sector, the pharmaceutical industry and the metal processing manufacturing industry are some of the most important industries of the country that rely on a large amount of boiler water. They also need to be treated.

As per the China Electric Council (CEC) that by 2030, the amount of coal power stations is expected to have grown by between 300 and 500 percent. In addition, China's electricity consumption has increased dramatically in the last few years. The need for water treatment chemicals is driven by the rise in energy production and consumption. Other industries that are end-users like chemical processing and food processing have also increased their demand for chemicals to treat water in boilers.

Segments Covered in the Boiler Water Treatment Chemicals Market

Boiler Water Treatment Chemicals Market By Type

• Scale Inhibitors
• Corrosion Inhibitors
• Oxygen Scavengers
• Other Types

Boiler Water Treatment Chemicals Market By End-Use

• Power
• Oil & Gas
• Chemical & Petrochemicals
• Food & Beverage
• Other End-Use

Boiler Water Treatment Chemicals Market By Region

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

Frequently Asked Questions:

How much is the current worth of the Boiler Water Treatment Chemicals market?

Boiler Water Treatment Chemicals Market Predictable at $4.57 billion in 2022, is estimated to increase at a CAGR of 10.2% from $4.94 billion in 2023 to $6.2 billion by 2030.

Who are the top five players of Boiler Water Treatment Chemicals market?

The top five players in the Boiler Water Treatment Chemicals market include BASF, Arkema, Ecolab, Kemira, and Solenis.

Which are the top 5 countries driving demand for Boiler Water Treatment Chemicals?

Top 5 countries driving demand for Boiler Water Treatment Chemicals are U.S., U.K., China, Japan, and South Korea.

At what percentage is sales of Boiler Water Treatment Chemicals going to register growth in Europe?

The European market for Boiler Water Treatment Chemicals is projected to expand at a CAGR of around 18.5% during 2023 – 2030.

1. SUMMARY

1.1. Boiler Water Treatment Chemicals Market Overview

1.2. Key Insights

1.3. Report Scope

1.4. Research Methodology

1.5. Frequently Asked Questions

1.6. Chapter Outlines

2. DECISION-MAKING SUMMARY
3. INTRODUCTION

3.1. Overview of Boiler Water Treatment Chemicals

3.2. Key Historical Events

3.3. Structure

3.4. Biochemical Interaction

3.5. Target Indications

3.6. Advantages of Boiler Water Treatment Chemicals

3.7 Challenges associated with Boiler Water Treatment Chemicals

3.8. Future Perspectives.

4. MARKET LANDSCAPE

4.1. Methodology

4.2 Boiler Water Treatment Chemicals: Developer Landscape

4.2.1. Analysis by Year of Establishment

4.2.2. Analysis by Company Size

4.2.3. Analysis by Location of Headquarters (Region-wise)

4.2.4. Analysis by Location of Headquarters (Country-wise)

4.2.5. Analysis by Year of Establishment, Company Size and Location of Headquarters (Region-wise)

4.2.6. Most Active Players

5. COMPANY

5.1. Company Overview

5.1.2 Management Team

5.1.3. Product Portfolio

5.1.4. Recent Developments and Future Outlook

6. PARTNERSHIPS AND COLLABORATIONS

6.1. Partnership Models

6.2. Boiler Water Treatment Chemicals: Partnerships and Collaborations

6.2.1. Analysis by Year of Partnership

6.2.2. Analysis by Type of Partnership

6.2.3. Analysis by Year and Type of Partnership

6.2.4. Analysis by Type of Partner

6.2.5. Analysis by Year of Partnership and Type of Partner

6.2.6. Analysis by Type of Partnership and Type of Partner

6.2.7. Analysis by Type of Partner and Parent Company Size

7. ACADEMIC GRANTS ANALYSIS

7.1. Methodology and Key Parameters

7.2. Boiler Water Treatment Chemicals: Academic Grants Analysis

7.2.1. Analysis by Year of Grant Award

7.2.2. Analysis by Amount Awarded

7.2.3. Analysis by Funding Institute Center

7.2.4. Analysis by Support Period

7.2.5. Analysis by Funding Institute Center and Support Period

7.2.6. Analysis by Type of Grant Application

7.2.7. Analysis by Purpose of Grant

8. PUBLICATION ANALYSIS

8.1. Analysis Methodology and Key Parameters

8.2. Boiler Water Treatment Chemicals: Publication Analysis

8.2.1. Analysis by Year of Publication

8.2.2. Analysis by Type of Publication

8.2.3. Analysis by Type of Conjugate

8.2.4. Analysis by Target Indication

8.2.5. Analysis by Copyright Holder

8.2.6. Word Cloud: Emerging Focus Area

8.2.7. Most Active Publishers: Analysis by Number of Publications

9. SUCCESS PROTOCOL ANALYSIS

9.1. Methodology and Key Parameters

9.2. Key Assumptions and Scoring Criteria

9.3. Success Protocol Analysis

9.4. Assessment of Approved Boiler Water Treatment Chemicals

10. Appendix 1: Tabulated Data
11. Appendix 2: List of Companies

1. BASF
2. Arkema
3. Chemtreat
4. Thermax
5. Veolia Water Technologies
6. Ecolab
7. Kemira
8. Solenis
9. Suez
10. Kurita Water Industries

Segments Covered in the Boiler Water Treatment Chemicals Market

Boiler Water Treatment Chemicals Market By Type

• Scale Inhibitors
• Corrosion Inhibitors
• Oxygen Scavengers
• Other Types

Boiler Water Treatment Chemicals Market By End-Use

• Power
• Oil & Gas
• Chemical & Petrochemicals
• Food & Beverage
• Other End-Use

Boiler Water Treatment Chemicals Market By Region

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa