The Europe boiler water treatment chemicals market size is projected to expand at a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the degrading quality of water and aging infrastructure.
Boiler water is raw water used in boilers for generating steam. It is a liquid phase of steam within the boiler. The term is also used for the treated boiler feedwater, steam condensate returned to a boiler, or boiler blowdown removed from a boiler. Boiler water treatment is the protection of boiler water from impurities.
The treatment and conditioning of boiler water is done for continuous heat exchange, corrosion protection, and production of high-quality steam. Boiler water treatment chemicals are added to the system for imparting efficiency, safety, and reliability to the system. The steam generation and heat transfer in any system can impact the fuel cost and maintenance expenses. Chemicals in boiler water treatment are used for maintaining deposition problems. Boiler water treatment chemicals reduce the overall operational cost of the boiler feedwater treatment.
Market Trends, Drivers, Restraints, and Opportunities
- Rising consumption of boiler water treatment chemicals in the power generation and processing industries is projected to boost the market growth during the forecast period.
- Large industrial base and increasing demand for power are the key factors that are fueling the market growth in the coming years.
- Increasing demand for chemically treated water from various end-use industries is expected to drive the market growth during the forecast period.
- Boiler water treatment chemicals are used to control the water chemistry of boilers, as it removes several dissolved gases, solids, and suspended solids impurities from boiler feedwater. Thus, increasing awareness about its benefits is anticipated to spur the growth of the market during the forecast period.
- Hazardous nature of hydrazine in boiler water treatment chemical system is expected to restrain the market expansion during the forecast period.
- The requirement for technical expertise to handle and operate certain boiler water treatment chemicals can create major challenges for the market growth.
- Shifting focus onto the usage of green chemicals can provide lucrative opportunities for the industry players in the projected timeline.
Scope of the Report
The report on the Europe boiler water treatment chemicals market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Boiler Water Treatment Chemicals Market - Europe Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2020
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Historic Data
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2018–2019
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Forecast Period
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2021–2028
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Segmentation
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Types (Scale & Corrosion Inhibitors, Coagulants & Flocculants, pH Boosters, Oxygen Scavengers, and Others), Chemistries (Basic Chemicals and Blended/Specialty Chemicals), End-user Industries (Power Generation, Steel & Metal Industry, Oil Refinery, Chemical & Petrochemical, Textile & Dye Industry, Sugar Mill, Paper Mill, Food & Beverages, Institutional, Pharmaceutical, and Others)
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Geographical Scope
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Germany, UK, France, Italy, and Rest Of Europe
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Ecolab, Suez, Kurita Water Industries Ltd., Solenis, and Kemira.
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Europe Boiler Water Treatment Chemicals Market Segment Insights
Scale & corrosion inhibitors segment to hold a large market share
In terms of types, the market is segmented into scale & corrosion inhibitors, coagulants & flocculants, pH boosters, oxygen scavengers, and others. The scale & corrosion inhibitors segment is projected to constitute a key market share during the forecast period. These inhibitors avoid overheating, tube failures and restrict circulation. Scale inhibitors are broadly used in various industries such as oil & gas, power generation, textile, and food processing.
Blended/specialty chemicals segment to expand at a significant pace
On basis of chemistries, the market is divided into basic chemicals and blended/specialty chemicals. The blended/specialty chemicals segment is expected to grow at a robust pace owing to rising number of nuclear projects in emerging economies.
Power generation segment to expand at a substantial CAGR
Based on end-user industries, the market is segregated into power generation, steel & metal industry, oil refinery, chemical & petrochemical, textile & dye industry, sugar mill, paper mill, food & beverages, institutional, pharmaceutical, and others. The power generation segment is anticipated to expand at a rapid CAGR during the forecast period due to rapid urbanization and growing population in the region.
The UK is expected to dominate the market
Based on geographies, the market is classified as Germany, UK, France, Italy, and Rest of Europe. The UK is expected to dominate the market during the forecast period owing to extensive usage of boiler water in various industries. This includes power, food processing, industrial equipment manufacturing, and pharmaceutical industries.
Segments
The Europe boiler water treatment chemicals market has been segmented on the basis of
Types
- Scale & Corrosion Inhibitors
- Coagulants & Flocculants
- pH Boosters
- Oxygen Scavengers
- Others
Chemistries
- Basic Chemicals
- Blended/Specialty Chemicals
End-user Industries
- Power Generation
- Steel & Metal Industry
- Oil Refinery
- Chemical & Petrochemical
- Textile & Dye Industry
- Sugar Mill
- Paper Mill
- Food & Beverage
- Institutional
- Pharmaceutical
- Others
Geographies
- Germany
- UK
- France
- Italy
- Rest Of Europe
Key Players
- Ecolab
- Suez
- Kurita Water Industries Ltd.
- Solenis
- Kemira
Competitive Landscape
Key players competing in the Europe boiler water treatment chemicals market include Ecolab, Suez, Kurita Water Industries Ltd., Solenis, and Kemira.
