The Middle East & Africa cooling water treatment chemical market is expected to grow from US$ 474.86 million in 2022 to US$ 644.50 million by 2028; it is estimated to grow at a CAGR of 5.2% from 2022 to 2028 .
Cumulative Demand from Power Industry
The power industry is growing rapidly with population growth and urbanization. Increasing investment by various private companies and governments in the building and maintenance of energy infrastructure is also bolstering this industry. The power industry, including thermal and atomic plants, requires water in huge quantities. These industries frequently use seawater or lake water for cooling the heat exchange equipment. The water is reused several times and returned to its source. ~99% of the water retrieved from the source is returned, and less than 1% of the water is squandered in dissipation. Cooling water treatment chemicals are widely used in this industry to lower the dependency on freshwater resources. These chemicals are gaining attention, especially in open-recirculating, closed-loop, and once-through cooling frameworks, as they boost the heat transfer efficiency in heat-exchange equipment. The growing number of atomic energy plants across the Middle East & Africa, combined with efforts being made to maintain existing plants, would further boost the Middle East & Africa cooling water treatment chemical market in the coming years.
Albemarle Corporation; Buckman; Chemtex Speciality Limited; Ecolab; Veolia Water Technologies SASU; and Kemira Oyj; are the leading companies operating in the Middle East & Africa cooling water treatment chemical market.
Cumulative Demand from Power Industry
The power industry is growing rapidly with population growth and urbanization. Increasing investment by various private companies and governments in the building and maintenance of energy infrastructure is also bolstering this industry. The power industry, including thermal and atomic plants, requires water in huge quantities. These industries frequently use seawater or lake water for cooling the heat exchange equipment. The water is reused several times and returned to its source. ~99% of the water retrieved from the source is returned, and less than 1% of the water is squandered in dissipation. Cooling water treatment chemicals are widely used in this industry to lower the dependency on freshwater resources. These chemicals are gaining attention, especially in open-recirculating, closed-loop, and once-through cooling frameworks, as they boost the heat transfer efficiency in heat-exchange equipment. The growing number of atomic energy plants across the Middle East & Africa, combined with efforts being made to maintain existing plants, would further boost the Middle East & Africa cooling water treatment chemical market in the coming years.
Middle East & Africa Cooling Water Treatment Chemical Market Overview
South Africa, Saudi Arabia, and the UAE are the major countries in the Middle East & Africa. Several domestic and international companies have a strong foothold in the Middle East & Africa. The UAE is a major market for cooling water treatment chemicals in this region, followed by Saudi Arabia. Effective manufacturing and trade policies largely contribute to the flourishment of the industrial sector in the region, which eventually supports the growth of the cooling water treatment chemicals market. Rapid industrialization, increasing population, and changing climatic conditions, along with the growing water scarcity problems, have triggered the necessity to reuse wastewater in the Middle East. The growing preference for saline water treatment to cater to the increasing demand for water in industries is further anticipated to drive the market for cooling water treatment chemicals in the Middle East during the forecast period.Middle East & Africa Cooling Water Treatment Chemical Market Segmentation
The Middle East & Africa cooling water treatment chemical market is segmented on the basis of end use and country. Based on type, the Middle East & Africa cooling water treatment chemical market is segmented into corrosion inhibitor, scale inhibitor, biocide, and others. The scale inhibitor segment held the largest market share in 2022.- Based on end-use industry, the Middle East & Africa cooling water treatment chemical market is segmented into power industry; steel, mining & metallurgy; petrochemicals and oil & gas; food & beverage; textile; and others. The power industry segment held the largest market share in 2022.
- Based on country, the Middle East & Africa cooling water treatment chemical market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the market share in 2022.
Albemarle Corporation; Buckman; Chemtex Speciality Limited; Ecolab; Veolia Water Technologies SASU; and Kemira Oyj; are the leading companies operating in the Middle East & Africa cooling water treatment chemical market.
Table of Contents
1. Introduction1.1 Scope of the Study
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 MEA Cooling Water Treatment Chemicals Market - By Type
1.3.2 MEA Cooling Water Treatment Chemicals Market - By End-Use Industry
1.3.3 MEA Cooling Water Treatment Chemicals Market - By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. MEA Cooling Water Treatment Chemicals Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 MEA PEST Analysis
4.3 Expert Opinions
5. MEA Cooling Water Treatment Chemicals Market - Key Industry Dynamics
5.1 Market Drivers
5.1.1 Cumulative Demand from Power Industry
5.1.2 Intensifying Emphasis on Water Recycling and Reuse
5.2 Market Restraints
5.2.1 Rolling Preference for Chlorine Alternatives
5.3 Market Opportunities
5.3.1 Expanding Popularity of Zero Liquid Discharge
5.4 Future Trends
5.4.1 Fluctuating Focus Toward Green Chemicals
5.5 Impact Analysis
6. Cooling Water Treatment Chemicals - MEA Market Analysis
6.1 MEA Cooling Water Treatment Chemicals Market Forecast and Analysis
7. MEA Cooling Water Treatment Chemicals Market Analysis - By Type
7.1 Overview
7.2 Cooling Water Treatment Chemicals Market, By Type (2021 and 2028)
7.3 Scale Inhibitor
7.3.1 Overview
7.3.2 Scale Inhibitor: Cooling Water Treatment Chemicals Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Corrosion Inhibitor
7.4.1 Overview
7.4.2 Corrosion Inhibitor: Cooling Water Treatment Chemicals Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Biocide:
7.5.1 Overview
7.5.2 Biocide: Cooling Water Treatment Chemicals Market - Revenue and Forecast to 2028 (US$ Million)
7.6 Other Type
7.6.1 Overview
7.6.2 Other Type: Cooling Water Treatment Chemicals Market - Revenue and Forecast to 2028 (US$ Million)
8. MEA Cooling Water Treatment Chemicals Market Analysis - By End Use
8.1 Overview
8.2 Cooling Water Treatment Chemicals Market, By End Use (2021 and 2028)
8.3 Power
8.3.1 Overview
8.3.2 Power: Cooling Water Treatment Chemicals Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Steel, Mining, & Metallurgy
8.4.1 Overview
8.4.2 Steel, Mining, & Metallurgy: Cooling Water Treatment Chemicals Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Petrochemicals, Oil, & Gas
8.5.1 Overview
8.5.2 Petrochemicals, Oil, & Gas: Cooling Water Treatment Chemicals Market - Revenue and Forecast to 2028 (US$ Million)
8.6 Food & Beverages
8.6.1 Overview
8.6.2 Food & Beverages: Cooling Water Treatment Chemicals Market - Revenue and Forecast to 2028 (US$ Million)
8.7 Textile
8.7.1 Overview
8.7.2 Textile: Cooling Water Treatment Chemicals Market- Revenue and Forecast to 2028 (US$ Million)
8.8 Other End Use
8.8.1 Overview
8.8.2 Other End Use: Cooling Water Treatment Chemicals Market- Revenue and Forecast to 2028 (US$ Million)
9. MEA Cooling Water Treatment Chemicals Market - by Country Analysis
9.1 Middle East and Africa: Cooling Water Treatment Chemicals Market
9.1.1 Middle East and Africa: Cooling Water Treatment Chemicals Market, by Key Country
9.1.1.1 South Africa: Cooling Water Treatment Chemicals Market -Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 South Africa: Cooling Water Treatment Chemicals Market, By Type
9.1.1.1.2 South Africa: Cooling Water Treatment Chemicals Market, by End Use
9.1.1.2 Saudi Arabia: Cooling Water Treatment Chemicals Market -Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Saudi Arabia: Cooling Water Treatment Chemicals Market, By Type
9.1.1.2.2 Saudi Arabia: Cooling Water Treatment Chemicals Market, by End Use
9.1.1.3 UAE: Cooling Water Treatment Chemicals Market -Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 UAE: Cooling Water Treatment Chemicals Market, By Type
9.1.1.3.2 UAE: Cooling Water Treatment Chemicals Market, by End Use
9.1.1.4 Rest of Middle East and Africa: Cooling Water Treatment Chemicals Market -Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 Rest of Middle East and Africa: Cooling Water Treatment Chemicals Market, By Type
9.1.1.4.2 Rest of Middle East and Africa: Cooling Water Treatment Chemicals Market, by End Use
10. Industry Landscape
10.1 Strategy and Business Planning
10.2 Product News
10.3 Merger and Acquisition
11. Company Profiles
11.1 Albemarle Corporation
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Buckman
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Chemtex Speciality Limited
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Ecolab
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Veolia Water Technologies SASU
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Kemira Oyj
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
Table 1. MEA Cooling Water Treatment Chemicals Market Revenue Forecast to 2028 (US$ Mn)
Table 2. South Africa Cooling Water Treatment Chemicals Market, By Type - Revenue and Forecast to 2028 (US$ Million)
Table 3. South Africa Cooling Water Treatment Chemicals Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
Table 4. Saudi Arabia Cooling Water Treatment Chemicals Market, By Type - Revenue and Forecast to 2028 (US$ Million)
Table 5. Saudi Arabia Cooling Water Treatment Chemicals Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
Table 6. UAE Cooling Water Treatment Chemicals Market, By Type - Revenue and Forecast to 2028 (US$ Million)
Table 7. UAE Cooling Water Treatment Chemicals Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
Table 8. Rest of Middle East and Africa Cooling Water Treatment Chemicals Market, By Type - Revenue and Forecast to 2028 (US$ Million)
Table 9. Rest of Middle East and Africa Cooling Water Treatment Chemicals Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
Figure 1. MEA Cooling Water Treatment Chemicals Market Segmentation
Figure 2. MEA Cooling Water Treatment Chemicals Market Segmentation - By Country
Figure 3. MEA Cooling Water Treatment Chemicals Market Overview
Figure 4. The Power Industry is The Biggest Consumer of Cooling Water Treatment Chemicals
Figure 5. Rest of MEA Held Largest Share of Cooling Water Treatment Chemicals Market in 2021
Figure 6. MEA - PEST Analysis
Figure 7. MEA Expert Opinion
Figure 8. MEA Impact Analysis of Drivers and Restraints
Figure 9. MEA Cooling Water Treatment Chemicals Market Forecast and Analysis, 2020-2028 (US$ Mn)
Figure 10. MEA Cooling Water Treatment Chemicals Market Revenue Share, By Type (2021 and 2028)
Figure 11. Scale Inhibitor: MEA Cooling Water Treatment Chemicals Market - Revenue and Forecast To 2028 (US$ Million)
Figure 12. Corrosion Inhibitor: MEA Cooling Water Treatment Chemicals Market - Revenue and Forecast To 2028 (US$ Million)
Figure 13. Biocide: MEA Cooling Water Treatment Chemicals Market - Revenue and Forecast To 2028 (US$ Million)
Figure 14. Other Type: MEA Cooling Water Treatment Chemicals Market - Revenue and Forecast To 2028 (US$ Million)
Figure 15. MEA Cooling Water Treatment Chemicals Market Revenue Share, By End Use (2021 and 2028)
Figure 16. Power: MEA Cooling Water Treatment Chemicals Market - Revenue and Forecast To 2028 (US$ Million)
Figure 17. Steel, Mining, & Metallurgy: MEA Cooling Water Treatment Chemicals Market - Revenue and Forecast To 2028 (US$ Million)
Figure 18. Petrochemicals, Oil, & Gas: MEA Cooling Water Treatment Chemicals Market - Revenue and Forecast To 2028 (US$ Million)
Figure 19. Food & Beverages: MEA Cooling Water Treatment Chemicals Market - Revenue and Forecast To 2028 (US$ Million)
Figure 20. Textile: MEA Cooling Water Treatment Chemicals Market- Revenue and Forecast To 2028 (US$ Million)
Figure 21. Other End Use: MEA Cooling Water Treatment Chemicals Market- Revenue and Forecast To 2028 (US$ Million)
Figure 22. MEA: Cooling Water Treatment Chemicals Market, by Key Country - Revenue (2021) (US$ Million)
Figure 23. Middle East and Africa: Cooling Water Treatment Chemicals Market Revenue Share, by Key Country (2021 and 2028)
Figure 24. South Africa: Cooling Water Treatment Chemicals Market - Revenue and Forecast to 2028 (US$ Million)
Figure 25. Saudi Arabia: Cooling Water Treatment Chemicals Market -Revenue and Forecast to 2028 (US$ Million)
Figure 26. UAE: Cooling Water Treatment Chemicals Market -Revenue and Forecast to 2028 (US$ Million)
Figure 27. Rest of Middle East and Africa: Cooling Water Treatment Chemicals Market -Revenue and Forecast to 2028 (US$ Million)
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Albemarle Corporation
- Buckman
- Chemtex Speciality Limited
- Ecolab
- Veolia Water Technologies SASU
- Kemira Oyj
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 102 |
| Published | January 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 474.86 Million |
| Forecasted Market Value ( USD | $ 644.5 Million |
| Compound Annual Growth Rate | 5.2% |
| Regions Covered | Africa, Middle East |
