Report Description
Europe Boiler Water Treatment Chemicals Market Outlook 2031
The Europe boiler water treatment chemicals market size was USD 3.35 Billion in 2022 and is projected to reach USD 5.18 Billion by 2031 expand at a significant CAGR 4.96% during the forecast period, 2023–2031. 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.
Europe Boiler Water Treatment Chemicals 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 Europe Boiler Water Treatment Chemicals Market 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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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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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
Competitive Landscape
Key players competing in the Europe boiler water treatment chemicals market include Ecolab, Suez, Kurita Water Industries Ltd., Solenis, and Kemira.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Boiler Water Treatment Chemicals Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Boiler Water Treatment Chemicals Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Boiler Water Treatment Chemicals Market - Supply Chain
4.5. Global Boiler Water Treatment Chemicals Market Forecast
4.5.1. Boiler Water Treatment Chemicals Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Boiler Water Treatment Chemicals Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Boiler Water Treatment Chemicals Market Absolute $ Opportunity
5. Global Boiler Water Treatment Chemicals Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Boiler Water Treatment Chemicals Market Size and Volume Forecast by Types
5.3.1. Scale & Corrosion Inhibitors
Coagulants & Flocculants
pH Boosters
Oxygen Scavengers
Others
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Boiler Water Treatment Chemicals Market Analysis and Forecast by End Users
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by End Users
6.2.2. Y-o-Y Growth Projections by End Users
6.3. Boiler Water Treatment Chemicals Market Size and Volume Forecast by End Users
6.3.1. Power Generation
Steel & Metal Industry
Oil Refinery
Chemical & Petrochemical
Textile & Dye Industry
Sugar Mill
6.4. Absolute $ Opportunity Assessment by End Users
6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Boiler Water Treatment Chemicals Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Boiler Water Treatment Chemicals Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Boiler Water Treatment Chemicals Demand Share Forecast, 2019-2026
8. North America Boiler Water Treatment Chemicals Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Boiler Water Treatment Chemicals Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Boiler Water Treatment Chemicals Market Size and Volume Forecast by Types
8.4.1. Scale & Corrosion Inhibitors
Coagulants & Flocculants
pH Boosters
Oxygen Scavengers
Others
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Boiler Water Treatment Chemicals Market Size and Volume Forecast by End Users
8.7.1. Power Generation
Steel & Metal Industry
Oil Refinery
Chemical & Petrochemical
Textile & Dye Industry
Sugar Mill
8.8. Basis Point Share (BPS) Analysis by End Users
8.9. Y-o-Y Growth Projections by End Users
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Boiler Water Treatment Chemicals Demand Share Forecast, 2019-2026
9. Latin America Boiler Water Treatment Chemicals Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Boiler Water Treatment Chemicals Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Boiler Water Treatment Chemicals Market Size and Volume Forecast by Types
9.4.1. Scale & Corrosion Inhibitors
Coagulants & Flocculants
pH Boosters
Oxygen Scavengers
Others
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Boiler Water Treatment Chemicals Market Size and Volume Forecast by End Users
9.7.1. Power Generation
Steel & Metal Industry
Oil Refinery
Chemical & Petrochemical
Textile & Dye Industry
Sugar Mill
9.8. Basis Point Share (BPS) Analysis by End Users
9.9. Y-o-Y Growth Projections by End Users
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Boiler Water Treatment Chemicals Demand Share Forecast, 2019-2026
10. Europe Boiler Water Treatment Chemicals Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Boiler Water Treatment Chemicals Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Boiler Water Treatment Chemicals Market Size and Volume Forecast by Types
10.4.1. Scale & Corrosion Inhibitors
Coagulants & Flocculants
pH Boosters
Oxygen Scavengers
Others
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Boiler Water Treatment Chemicals Market Size and Volume Forecast by End Users
10.7.1. Power Generation
Steel & Metal Industry
Oil Refinery
Chemical & Petrochemical
Textile & Dye Industry
Sugar Mill
10.8. Basis Point Share (BPS) Analysis by End Users
10.9. Y-o-Y Growth Projections by End Users
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Boiler Water Treatment Chemicals Demand Share Forecast, 2019-2026
11. Asia Pacific Boiler Water Treatment Chemicals Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Boiler Water Treatment Chemicals Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Boiler Water Treatment Chemicals Market Size and Volume Forecast by Types
11.4.1. Scale & Corrosion Inhibitors
Coagulants & Flocculants
pH Boosters
Oxygen Scavengers
Others
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Boiler Water Treatment Chemicals Market Size and Volume Forecast by End Users
11.7.1. Power Generation
Steel & Metal Industry
Oil Refinery
Chemical & Petrochemical
Textile & Dye Industry
Sugar Mill
11.8. Basis Point Share (BPS) Analysis by End Users
11.9. Y-o-Y Growth Projections by End Users
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Boiler Water Treatment Chemicals Demand Share Forecast, 2019-2026
12. Middle East & Africa Boiler Water Treatment Chemicals Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Boiler Water Treatment Chemicals Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Boiler Water Treatment Chemicals Market Size and Volume Forecast by Types
12.4.1. Scale & Corrosion Inhibitors
Coagulants & Flocculants
pH Boosters
Oxygen Scavengers
Others
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Boiler Water Treatment Chemicals Market Size and Volume Forecast by End Users
12.7.1. Power Generation
Steel & Metal Industry
Oil Refinery
Chemical & Petrochemical
Textile & Dye Industry
Sugar Mill
12.8. Basis Point Share (BPS) Analysis by End Users
12.9. Y-o-Y Growth Projections by End Users
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Boiler Water Treatment Chemicals Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Boiler Water Treatment Chemicals Market: Market Share Analysis
13.2. Boiler Water Treatment Chemicals Distributors and Customers
13.3. Boiler Water Treatment Chemicals Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Ecolab
Suez
Kurita Water Industries Ltd.
Solenis
Kemira