The North America boiler water treatment chemicals market size was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 4% during 2023–2031. The growth of the market is attributed to growing adoption of boilers in various industries.
Boiler water treatment chemicals are organic molecules that are utilised in the production of industrial boilers as they maintain optimal levels of operation. Chemicals are drugged in the feed water to increase the efficiency of industrial boiler operations, which lead to lower maintenance requirements. Sodium sulphite and hydrazine are two of the commonly utilized compounds to absorb oxygen. They offer different polyphosphate and organic combinations that are used to prevent scale and corrosion in feed-water systems. To avoid condensate corrosion, volatile neutralising amines and coating accelerators are usually employed for the system.
Dissolved gases, dissolved solids, and floating solids are common components of feed water. These contaminants have the potential to cause serious damage to the boiler and its components. Therefore, treatment of feed water is required and strongly recommended in order to maintain the boiler running efficiently.
North America Boiler Water Treatment Chemicals Market Trends, Drivers, Restraints and Opportunities
Increasing requirement for boiler water treatment systems is expected to spur the market expansion in the power, manufacturing, and industrial sectors.
Growing awareness about its benefits such as rising the power generation efficiency is estimated to propel the market growth.
Lack of knowledge about the benefits and awareness of boiler water treatment chemicals may the hinder market expansion.
Increasing technical innovation can create remunerative opportunities for the market growth during the forecast period.
Scope of North America Boiler Water Treatment Chemicals Market Report
The report on the North America 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.
North America Boiler Water Treatment Chemicals Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast
Types (Scale & Corrosion Inhibitors, pH Boosters, Oxygen Scavengers, Coagulants & Flocculants, and Others), Chemistries (Basic Chemicals and Blended/Specialty Chemicals), and End-user Industries (Power Generation, Food & Beverage, Institutional, Steel & Metal Industry, Oil Refinery, Petrochemical, Textile & Dye Industry, Sugar Mill, Paper Mill, Pharmaceutical, and Others)
The US, Canada, and Mexico
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report
Ecolab; Kemira; Solenis; Kurita Water Industries Ltd; and Suez
North America Boiler Water Treatment Chemicals Market Segment Insights
Scale & corrosion inhibitors segment is expected to grow at a rapid pace
Based on types, the market is divided into scale & corrosion inhibitors, pH boosters, oxygen scavengers, coagulants & flocculants, and others. The scale & corrosion inhibitors segment is expected to grow at a rapid pace during the forecast period due to the heat generated by nuclear fission is utilised in the boiler to generate steam from water. In the nuclear industry, it is used to power steam generators.
Basic chemicals segment is projected to expand at a considerable CAGR
On the basis of chemistries, the market is segregated into basic chemicals and blended/specialty chemicals. The basic chemicals segment is projected to expand at a considerable CAGR during the forecast period owing to development of the boiler industry in many emerging economies.
Power generation segment is anticipated to account for a significant market share.
Based on end-user industries, the market is divided into power generation, food & beverage, institutional, steel & metal industry, oil refinery, petrochemical, textile & dye industry, sugar mill, paper mill, pharmaceutical, and others. The power generation segment is anticipated to account for a significant market share during the forecast period. Rising energy demand owing to rapid industrialization is estimated to drive the market segment growth.
The US is anticipated to constitute a key market share
In terms of regions, the North America boiler water treatment chemicals market is classified as The US, Canada, and Mexico. The US is expected to dominate the market during the projected period due to the increasing deployment of boilers in different sectors in this country. However, the market of Canada is anticipated to exhibit a robust CAGR during the forecast period.
The North America boiler water treatment chemicals market has been segmented on the basis of
- Scale & Corrosion Inhibitors
- pH Boosters
- Oxygen Scavengers
- Coagulants & Flocculants
- Basic Chemicals
- Blended/Specialty Chemicals
- Power Generation
- Food & Beverage
- Steel & Metal Industry
- Oil Refinery
- Textile & Dye Industry
- Sugar Mill
- Paper Mill
- Kurita Water Industries Ltd
Key players competing in the north America boiler water treatment chemicals market are Ecolab; Kemira; Solenis; Kurita Water Industries Ltd; and Suez.