Asia-Pacific Boiler Water Treatment Chemicals Market - Segmented by Type, End-user Industry, and Geography - Growth, Trends, and Forecast (2018 - 2023)

  • ID: 4536176
  • Report
  • 111 pages
  • Mordor Intelligence
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FEATURED COMPANIES

  • AkzoNobel NV
  • BASF SE
  • DowDuPont
  • Genesys International Ltd
  • Kemira OYJ
  • Solenis International LP
  • MORE
The Asia-Pacific boiler water treatment chemicals market is expected to witness a CAGR of more than 6% during the forecast period (2018 - 2023). China was estimated to dominate the Asia-Pacific boiler water treatment chemicals market in 2017.

Accelerating Usage in Power Generation and Process Industries to Drive the Market

The power industry is a major user of boiler water treatment chemicals. Thermal power generation uses large amounts of steam to drive the turbines for power generation. The growth of these process industries and power plants in Asia-Pacific is increasing the usage of boiler water treatment chemicals. A year back, 42 GW of coal-fired electric generation capacity was under construction in China. The Indian government targeted a capacity addition of 88.5 GW during 2012 - 2017 and 86.4 GW during 2017 - 2022, of which the major share is of the thermal power plants. The growing construction of power plants is increasing the demand for water, which is expected to drive the boiler water treatment chemicals market.

Scale Inhibitors is the Dominating Segment

Scale inhibitors segment dominated the Asia-Pacific boiler water treatment chemicals market, on the basis of type, in 2017. During boiler water operation at industrial plants, the pipelines accumulate scale on their walls. These scales, if untreated, can cause overheating, reduced efficiency in heat transfer, can cause tube failures, and restrict the circulation, which in turn, will reduce the reliability on the boiler water system. To avoid such a situation, scale inhibitors are widely used in various industries, such as oil & gas, power generation, textile, and food processing. As the end-user industries continue to grow, coupled with increasing focus to treat water before releasing it to the environment, is expected to drive the market for scale inhibitors through the forecast period in the Asia-Pacific region.

China is the Largest Market

China dominated the Asia-Pacific boiler water treatment chemicals market in 2017. The major industries in the country with an extensive usage of boiler water where the treatment of the water is necessary are the iron & steel manufacturing industry, the machine building industry, the petroleum industry, the cement industry, the chemical industry, the textile industry, and the food processing industry. China is expected to have a strong industrial growth in the coming years. Chinese companies are planning to build around 700 coal power plants in China and some countries in the world. The electricity consumption in the country had risen by 5% in 2016 and is expected to surge in the upcoming period, with coal being the dominating source of electricity generation. As the consumption of electricity continues to grow, the usage of boiler water treatment chemicals in thermal power plants will also continue to increase through the forecast period.

Notable Developments in the Market

September 2017: Kurita Water Industries Ltd announced that the company has started selling a new version of CETAMINE, a water treatment chemical for middle and high pressure boilers.

Major Players: Nalco (Ecolab), BASF SE, SUEZ, DowDuPont, Kurita Water Industries Ltd, and Solenis, among others.

Reason to Purchase this Report

Analyzing various perspectives of the market with the help of Porter’s five forces analysis

To understand which type and end-user industry is dominating the market

Countries which are expected to witness the fastest growth during the forecast period

Identify the latest developments, market shares, and strategies employed by the major market players

3-month analyst support, along with the Market Estimate sheet (in Excel)

Customization of the Report

This report can be customized to meet your requirements.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • AkzoNobel NV
  • BASF SE
  • DowDuPont
  • Genesys International Ltd
  • Kemira OYJ
  • Solenis International LP
  • MORE
1. Introduction
1.1 Research Phases
1.2 Study Deliverables
1.3 Scope of the Report

2. Executive Summary

3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness- Porters Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
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 Drivers
4.1.1 Accelerating Usage in Power Generation and Processing Industries
4.1.2 Growing Popularity of Zero Liquid Blowdown
4.2 Restraints
4.2.1 Dearth of Awareness regarding Boiler Water Treatment
4.2.2 Hazardous Nature of Hydrazine
4.3 Opportunities
4.3.1 Increasing Adoption Rate in Asia-Pacific Region
4.3.2 Shifting Focus Towards Green Chemicals

5. Market Segmentation and Analysis (Market Size, Growth and Forecast)
5.1 By Type
5.1.1 Corrosion Inhibitors
5.1.2 Scale Inhibitors
5.1.3 Flocculants & Coagulants
5.1.4 pH Boosters
5.1.5 Oxygen Scavengers
5.1.6 Others
5.2 By End-user Industry
5.2.1 Power Industry (Power Plants)
5.2.2 Steel and Metal Industry
5.2.3 Oil Refineries (For Oil Industry)
5.2.4 Petrochemicals Industry
5.2.5 Textiles and Dyes
5.2.6 Sugar Mills
5.2.7 Paper Mills
5.2.8 Food and Beverage Industry
5.2.9 Institutional (Facility Management)
5.2.10 Others

6. Regional Market Analysis (Market Size, Growth and Forecast)
6.1 China
6.2 India
6.3 Japan
6.4 South Korea
6.5 Australia and New Zealand
6.6 Rest of Asia-Pacific

7. Competitive Landscape
7.1 Mergers & Acquisitions, Joint Ventures, Collaborations and Agreements
7.2 Market Share Analysis**
7.3 Strategies Adopted by Leading Players

8. Company Profiles (Overview, Financials**, Products & Services, and Recent Developments)
8.1 AkzoNobel N.V.
8.2 Avista Technologies Inc
8.3 BASF SE
8.4 BWA Water Additives
8.5 Chemtex Speciality Limited
8.6 DowDuPont
8.7 Ecolab Inc
8.8 Genesys International Ltd
8.9 Ion Exchange India Limited
8.10 Italmatch Chemicals S.P.A
8.11 Kemira OYJ
8.12 King Lee Technologies
8.13 Kurita Water Industries Ltd
8.14 Solenis International LP
8.15 Suez Environment
8.16 Thermax Ltd.
*List not exhaustive

9. Disclaimer
**Subject to availability on public domain
Note: Product cover images may vary from those shown
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  • AkzoNobel NV
  • Avista Technologies Inc
  • BASF SE
  • BWA Water Additives
  • Chemtex Speciality Limited
  • DowDuPont
  • Ecolab Inc
  • Genesys International Ltd
  • Ion Exchange India Limited
  • Italmatch Chemicals S.P.A
  • Kemira OYJ
  • King Lee Technologies
  • Kurita Water Industries Ltd
  • Solenis International LP
  • Suez Environment
  • Thermax Ltd.
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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