Boiler Water Treatment Chemical Market Segments:

The global boiler water treatment chemicals market has been segmented on the basis of type, conditioning method, end-use industry, and region.

Based on type, the global boiler water treatment chemicals market has been segmented into oxygen scavengers, sludge conditioners, alkalinity builders, multifunctional, scale inhibitors, anti-foaming agents, sequestering agents, and others.

Based on conditioning method, the market has been classified into external (pre-treatment) and internal (post-treatment).

By end-use industry, the market has been segmented into power, oil and gas, chemicals and petrochemicals, food and beverage, paper and pulp, textiles and dyes, and others.

Top Market Players:

Some of the manufacturers operating in the global boiler water treatment chemicals market are BASF SE (Germany), Akzo Nobel N.V. (Netherlands), DowDuPont (U.S.), Ecolab (U.S.), Kemira OYJ (Finland), Suez (France), King Lee Technologies (U.S.), Lennetch BV (Netherlands), Bond Water Technologies, Inc. (U.S.), ChemTreat (U.S.), Wilh. Wilhelmsen Holding ASA (Norway), Kurita Water Industries Ltd. (Japan), and Arkema (France).

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Market Synopsis:

A boiler is a closed vessel in which water is converted into steam with the application of heat under pressure. The water used to create steam in a boiler often contains a varying number of different impurities. These impurities are dissolved solids, dissolved gases, and suspended matter, which may result in major problems such as scaling or deposition, corrosion, and boiler water carry-on. Treating the water that circulates in the boiler is important for proper functioning. Untreated water is likely to form scales on the heat transfer surfaces when the water is heated. This results in the drastic reduction in heat transfer capabilities, which further leads to overheating, tube failure, and loss of efficiency. Scaling also reduces the flow area, increasing the pressure drop in the boiler tubes and piping, which reduces the steam volume and potential equipment failure. These challenges can be offset by using boiler water treatment chemicals.

Regional Analysis:

The global boiler water treatment chemicals market has been segmented into five regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East and Africa.

Asia-Pacific accounted for the majority of the market share in 2017 due to the high demand for boiler water treatment chemicals from major end-use industries such as power, textiles, and chemicals in the region. The textiles and clothing industry in India is one of the largest consumers of boiler water treatment chemicals across the globe; the industry accounted for nearly 13.25% of the country’s total exports in 2014. Various government initiatives for the growth of the textiles industry are expected to drive the boiler water treatment chemicals market in the region. The state government of Telangana is planning to develop India’s largest textile park in the Warangal district. Furthermore, in Uttarakhand, the setting up two textile parks under the State Infrastructure and Industrial Development Corporation of Uttarakhand Limited (SIIDCUL) has been approved, which will provide hi-tech infrastructure facilities, modern technology, training, and raw materials. The state development programs in the country are expected to drive the demand for boiler water treatment chemicals during the forecast period. The expanding chemicals industry in China and India is also expected to fuel demand. The increasing need for governments to provide safe drinking water to citizens has led to a rise in the demand for waste water treatment, which, in turn, is driving market growth. Various policies and schemes such as the Zero Liquid Discharge Plan and the Five-Year Plan have been implemented by the Indian government to provide better basic amenities. For instance, the state government of Tamil Nadu has made zero liquid discharge mandatory for all industries.

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North America accounted for the second-largest market share in 2017 due to the growing demand for boiler water treatment chemicals in the food and beverages, oil and gas, and textiles industries in the region. According to the International Trade Administration, the US was the fourth-largest exporter of oil and gas in 2015, with exports worth USD 24 billion. 
The European market was the third-largest in 2017 due to the high product demand from the textiles and apparel industry.

The high production and sales of textiles in Mexico, Brazil, Peru, and other countries in Latin America are likely to drive the boiler water treatment chemicals market in the region. 
The presence of oil and gas deposits in the Middle East and Africa are expected to fuel the demand for boiler water treatment chemicals.

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