Industrial boilers are used in almost all the industries and are employed extensively. To ensure smooth performance of the boilers, the feed water is treated with various chemicals and these chemicals themselves represent a big and fast-growing market all over the world.
The global market has grown during the past few years and is driven by factors such as the requirement of fresh water by countries in the Asia-Pacific and Middle East regions and strategies adopted by industrialists to reduce the investment made for raw water treatment equipment installation and maintenance, with the help of boiler water treatment chemicals.
The major consumer of boiler water treatment chemicals is the power industry, which has a market share of more than 30%, and the other major industries such as the steel and metal industry, petrochemicals, food and beverage, and oil refineries (for the oil industry), account for a majority of the remaining market share.
Scaling is one of the prime issues in all industrial boilers. The industrial boilers or the steam generation units operate at very high temperatures and are prone to scaling, increasing the maintenance costs and downtime of the equipment. Scaling inhibitors are used in these systems to prevent scaling and reduce the damages associated with it. Scaling inhibitors hold a major market share in the boiler water chemicals, accounting for 22.99% of the market, after the oxygen scavengers.
Asia-Pacific represents the biggest market for the boiler water chemicals, due to the growing power industry, which is a major consumer of boiler water treatment chemicals. The market in Africa is expected to grow at a slow pace due to the ongoing switch to the renewable and non-conventional sources of energy.
Some of the major players in this industry include:
Akzo Nobel NV (The Netherlands)
BASF SE (Germany)
Dow Chemicals (U.S.)
Ecolab Inc. (U.S.)
Kemira OYJ (Finland)
Suez Environment (France)
Veolia International (France)
After the introduction of Nalco’s corrosion and stress monitor, Ecolab Inc. increased its value as a prime player in the boiler water chemicals market, and companies such as Veolia and GE Water are also trying to catch up with Nalco. However, according to the current trend, Nalco is poised to lead the market of boiler water treatment chemicals during the forecast period of 2018-2023.
Few Notable Developments in the Market
In Oct, 2017, SUEZ finalized the acquisition of GE Water & Process Technologies and set up a business unit Water Technologies & Solutions.
In Sept, 2017, Kurita Water Industries Ltd. announed that the company has started sellign a new verison of CETAMINE, a water treatment chemical for middle and high pressure boilers.
Key Deliverables in the Study
Market analysis for the global boiler water treatment chemicals market, with region-specific assessments and competition analysis on global and regional scales.
Market definition along with the identification of factors instrumental in changing the market scenarios and prospective opportunities.
Extensively researched competitive landscape section with profiles of major companies along with their market shares.
Identification and analysis of the macro and micro factors that affect the global boiler water treatment chemicals market on both global and regional scales.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
Insights on the major countries/regions where this industry is working and also identify the regions that are still untapped.
1.2 Research Methodology
2. Executive Summary
3. Boiler Water Treatment Chemicals Overview
3.2 Industry Attractiveness - Porter’s Five Force Model
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Buyers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
4. Market Dynamics
4.1.1 Accelerating Usage in Power Generation and Process Industries
4.1.2 Reduction in Pre-Treatment and Heat Exchanger Equipment Cost
4.1.3 Growing Popularity of Zero Liquid Blowdown
4.2.1 Dearth of Awareness Regarding Boiler Water Treatment
4.2.2 Hazardous Nature of Hydrazine
4.3.1 Increasing Adoption Rate in Asia-Pacific and Middle-East
4.3.2 Bourgeoning Nanotechnology Adoption
4.3.3 Shifting Focus Towards the Usage of Green Chemicals
5. Market Segmentation
5.1 by Types
5.1.1 Corrosion Inhibitor
5.1.2 Scale Inhibitors
5.1.3 Coagulants & Flocculants
5.1.4 Ph Boosters
5.1.5 Oxygen Scavengers
5.2 by Application
5.2.1 Power Industry (Power Plants)
5.2.2 Steel & Metal Industry
5.2.3 Oil Refineries (For Oil Industry)
5.2.4 Petrochemicals Industry
5.2.5 Textile & Dyes Industry
5.2.6 Sugar Mills
5.2.7 Paper Mills
5.2.8 Food & Beverage Industry
5.2.9 Institutional (Facility Management)
6. Regional Analysis
6.1 North America
6.1.1 United States
6.1.4 Rest of North America
6.2.2 United Kingdom
6.2.7 Rest of Europe
6.3.4 South Korea
6.3.5 Australia and New Zealand
6.3.6 Rest of Asia-Pacific
6.4 South America
6.4.4 Rest of South America
6.5.1 Saudi Arabia
6.5.4 Rest of Middle-East
6.6.2 South Africa
6.6.3 Rest of Africa
7. Competitive Landscape
7.1 Mergers & Acquisitions
7.2 Joint Ventures
7.3 Strategies Adopted by Leading Player
7.4 Market Share Analysis
8. Company Profiles
8.1 Akzo Nobel Nv
8.2 Alkema Solutions (American Water Chemicals, Inc.)
8.3 Avista Technologies Inc.
8.4 Basf Se
8.5 Berwind (Bwa Water Additives)
8.6 Chemtex Specialty Ltd.
8.7 Danaher (Chemtreat Inc.)
8.8 Ecolab Inc. (Nalco)
8.9 Genesys International Ltd.
8.10 Solenis International Lp
8.11 H2O Innovation Inc.
8.12 Helamin Technology Holding Group
8.13 Hydrite Chemical Co.
8.14 Ion Exchange India Limited
8.15 Italmatch Chemicals S.P.A
8.16 Kemira Oyj
8.17 King Lee Technologies
8.18 Reverse Osmosis Chemicals International
8.19 Kurita Water Industries Ltd.
8.20 Dow Chemical Co.
8.21 Thermax Ltd.
8.22 Veolia Water Solutions and Technologies
8.23 Suez Environnement (Including Ge Water and Process Technologies)
- Akzo Nobel Nv
- Alkema Solutions (American Water Chemicals Inc.)
- Avista Technologies Inc.
- Basf Se
- Berwind (Bwa Water Additives)
- Chemtex Specialty Ltd.
- Danaher (Chemtreat Inc.)
- Ecolab Inc. (Nalco)
- Genesys International Ltd.
- Solenis International Lp
- H2O Innovation Inc.
- Helamin Technology Holding Group
- Hydrite Chemical Co.
- Ion Exchange India Limited
- Italmatch Chemicals S.P.A
- Kemira Oyj
- King Lee Technologies
- Reverse Osmosis Chemicals International
- Kurita Water Industries Ltd.
- Dow Chemical Co.
- Thermax Ltd.
- Veolia Water Solutions and Technologies
- Suez Environnement (Including Ge Water and Process Technologies)