Boiler Water Treatment Chemicals Market: Global Industry Analysis and Forecast (2023-2029)

Boiler Water Treatment Chemicals Market size was valued at USD 30.72 Bn. in 2022 and the total Boiler Water Treatment Chemicals revenue is expected to grow at a CAGR of 8.5% from 2023 to 2029, reaching nearly USD 54.39 Bn.
Boiler Water Treatment Chemicals Market Overview:
Boiler water treatment is the conditioning and treatment of boiler feed water for three main purposes that are continuous heat exchange, quality steam protection, and corrosion protection. Boilers are meant to heat fluids, which are subsequently evaporated or heated and utilized for heating purposes and other industrial activities such as sanitation and cooking. The significance of water treatment before utilizing it in boilers is critical to ensuring the quality of industrial products and their safety for human use.
The feedwater utilized has a significant impact on the boiler's efficiency. Untreated water, such as that from rivers, municipal boreholes, and taps, can severely harm the boiler. As a result, it is necessary to eliminate or chemically change the numerous chemicals found in untreated water. This is a critical step in any chemical process that will prevent any potential boiler damage. The boiler water treatment chemicals are the chemicals used to treat the feedwater.

Boiler water treatment chemicals are used to prevent trouble in boilers and help them operate efficiently. The most serious dangers to boilers are scale and corrosion in the boiler water system. They harm equipment, reduce heat efficiency, and create steam leaks. Corrosion, scaling, and fouling would substantially decrease boiler efficiency and threaten the functioning of all systems connected to the water and steam circuits. When these circumstances impede heat transport in boilers, operating costs quickly rise due to higher fuel consumption for the same output rates. Even thin, minor layers of deposition incur additional expenditures and harm. The Optimal water treatment minimizes these energy losses, assists in reducing blow volume, and boosts the drain recovery rate. As a result, the demand is rapidly increasing across various industries.

In addition, the growing need for sugar and ethanol, fertilizer, geothermal power generation, petrochemical manufacturing, and refining sectors, particularly in emerging nations, is driving the growth of the Boiler Water Treatment Chemicals market. Likewise, the Middle East and Africa are expected to have potential development in the market due to the increased usage of saline water treatment to meet rising water demand.

Desalination is the most common technique utilized in the Middle East. Saudi Arabia is heavily reliant on desalination to satisfy its water needs. The region emerged as one of the prominent users of industrial chemicals due to the significant consumption of water for industrial sectors such as petrochemical and oil and gas. Desalination is the most extensively utilized procedure in the region, and it utilizes coagulants, scale inhibitors, and biocides on a huge scale.To know about the Research Methodology :- Request Free Sample Report
Boiler Water Treatment Chemicals Market Dynamics:
Rising demand for steam and pure water across the end-use industries

Growing demand for steam and pure water from various end-use industries is expected to increase the boiler water treatment and boiler water treatment chemicals market during the forecast period. Boiler water treatment entails three essential components: corrosion prevention, continuous heat exchange, and high-quality steam generation. The chemicals are added to improve the system's dependability, safety, and efficiency. Only after the physical and mechanical contaminants have been removed is a chemical treatment performed. Growing industrialization in various economies is one of the primary causes driving up global demand for boiler water chemicals. Additionally, the rising need for power generation and power generator plants would raise the demand for boiler technology, driving the growth of the boiler water treatment chemicals market.

Growing need for boiler water treatment to ensure steam boilers are operating properly

Steam boilers are the heart of the process and manufacturing industries. Boilers are essential for supplying steam and hot water for industrial operations. As end users are aware, steam boilers produce steam by heating water via fuel combustion, implying the importance of water in the creation of steam. As a result, boiler water treatment is critical to ensuring that the steam boiler produces high-quality steam while not causing damage to the system. Additionally, boiler water treatment reduces a variety of steam boiler problems, including corrosion, scaling, carryover, and even boiler failure. To ensure that the steam boiler runs effectively, adequate boiler water treatment must be maintained.

Boiler water treatment is the process of purifying and increasing the quality of water utilized by a boiler system. To complete the operations of creating high-quality steam, the combustion process in the steam boiler is extremely dependent on the purity and quality of the water. It also protects the steam boiler from corrosion and maintains continuous heat exchange. If the boiler water is not treated, it can cause the entire system to lose efficiency and cause irreversible damage to equipment, reducing the life of the steam boiler and potentially resulting in a dangerous situation with a boiler explosion due to superheating. As the result, the demand is rapidly increasing.

Increasing power generation plants rising demand for new chemicals

The high energy demand increases power generation plants globally. A power plant is a type of industrial facility that produces electricity using primary energy. The majority of power plants employ one or more generators to transform mechanical energy into electrical energy to offer electricity to the electrical grid for societal purposes. Boiler water quality has always been an essential consideration in boiler operation. Water quality regulations grow more stringent as power plant operating pressures rise. The criteria are stringent since the existing units operate at supercritical pressures. Continuous advances and modifications in techniques of preserving water quality, as well as understanding corrosion mechanisms, have led to more inexpensive and effective water regime management, as well as an increase in demand for innovative chemicals across industries.

Formation of deposits during boiler water treatment

Deposit formation develops owing to the non-volatile nature of some chemicals, which may restrict the market growth for boiler water treatment chemicals. Because of their poisonous nature, concerns over the use of some compounds such as "hydrazine" and other alternatives are expected to restrict the market growth. It is critical to treat boiler water because contaminants in the water can create a slew of problems, resulting in wasted money on equipment maintenance if the water is not treated.
Boiler Water Treatment Chemicals Market Segment Analysis:
By Product, the Coagulants and flocculants segment dominated the market with the highest revenue share of about 37% in 2022 and is expected to grow at a CAGR of 8.2% during the forecast period. Coagulants and flocculants have emerged as the market's most important products. The sedimentation technique is used in the majority of treatment plants. Coagulation and flocculation are widely utilized in oil and gas plant chemical product tanks. The sedimentation process is accelerated by the coagulation process. Coagulants are organic and inorganic substances like aluminum hydroxide chloride and aluminum sulfate. Coagulants are used to remove 90% of the suspended solid particles from wastewater throughout the treatment process.

Many water and wastewater solutions rely heavily on coagulation and flocculation. A thorough understanding of the phenomena involved is required due to the complicated interaction of multiple elements inherent in the coagulation and flocculation processes. While coagulation neutralizes the particles' charges, flocculation allows them to bond together, making them larger and more readily separated from the liquid.

Organic coagulants such as polyamine and polyDADMAC are used in the majority of water treatment operations. In addition to the growth and expansion of end-use industries. Chemical processing, water and wastewater, dairy wastewater, power generation, oil and gas, and other industries are all seeing an increase in demand for chemical goods. Flocculants and coagulants are both efficient and cost-effective techniques for removing particles from wastewater. Various variations of this technology have been used to purify water in a range of sectors. The segment is expected to grow during the forecast period since flocculants and coagulants function by neutralizing surface charges.

When processing chemical products, coagulation and flocculation are often utilized in oil and gas operations. As the mining industry's demand for separating solid particles from liquids grows, current advances in molecular design open up new business opportunities. Because of the scarcity of clean water in refineries and chemical plants, effective treatment methods have become more crucial in ensuring the facilities' dependable, efficient, and sustainable operations. As a result, demand for flocculant and coagulant chemicals is expected to grow among oil and gas end users throughout the forecast period.

Textile wastewater contains colors as well as a range of pollutants. Because environmental regulation requires textile mills to treat their effluent to satisfy discharge restrictions, coagulation and flocculation play an important role in assisting the mills in meeting this requirement. Steelmaking uses a huge amount of water in numerous operations and produces effluent that contains salts, suspended particles, organic and inorganic chemicals, and other pollutants. Chembond's coagulants and flocculants are critical in treating this wastewater and making it appropriate for reuse. This not only minimizes the industry's environmental imprint but also saves money on operational expenditures.



Top Textile Exporter By Country Names
Top Textile Importer By Country Names


Country Name
Export Value (in Million $)
Exporter Share Percentage (%)
Country Name
Import Value (in Million $)
Import Share Percentage (%)


China
263353.18
33.69
USA
119482.18
16.55


Germany
39683.57
5.08
Germany
55827.97
7.73


Italy
36662.55
4.69
Japan
37749.46
5.23


India
36544.45
4.67
UK
32842.99
4.55


Vietnam
31779.09
4.06
China
31737.92
4.4


Bangladesh
28313.7
3.62
France
31671.38
4.39



Food processing industries produce wastewater with a high biological oxygen demand (BOD) and a high chemical oxygen demand (COD) (COD). Dairy processing companies provide significant difficulties to wastewater treatment on two counts: the volume of wastewater created per day and the volume of wastewater generated per liter of produced milk. Chemical coagulants can be used to treat dairy effluent. Coagulants have four roles in dairy wastewater treatment: de-emulsification (breaking fat-water emulsions generated by the application of surfactants, cleaning agents, and sanitizers), precipitation, coagulation, and flocculation. This critical treatment allows the dairy sector to achieve its wastewater discharge standards or to finance additional wastewater treatment for recycling or re-use.

The rise of the industrial sector in countries such as China, India, South Korea, and Taiwan is likely to contribute to higher flocculant and coagulant demand in the future, and this trend is expected to continue throughout the forecast period. Additionally, India and China have made considerable developments in water infrastructure through domestic investments, which supports the market's high demand for these chemicals.

The rise of flocculants and coagulants in the market has been pushed by Indian government policies concerning public health and clean water use. The Indian mainland offers a diverse range of natural energy resources, including coal, oil, and mining, as well as water for hydropower generation. Aside from this, coal is utilized as a fuel source for power generation. India has consumed a considerable quantity of flocculants and coagulants in recent years, and this trend is expected to continue during the forecast period.
Boiler Water Treatment Chemicals Market Regional Insights:
The Asia-Pacific region dominated the market with the largest share of about 38% in 2022 and is expected to grow at a CAGR of 8.24% during the forecast period. The increasing demand for boilers from growing economies such as India, China, Indonesia, Japan, South Korea, and Malaysia has contributed to this domination. Power, manufacturing, and industrial sectors are seeing increased demand and market growth, which is driving up demand for boiler water treatment systems and chemicals.

China, India, Japan, South Korea, Indonesia, Bangladesh, Vietnam, Pakistan, the Philippines, Thailand, and Malaysia have all seen an increase in demand for industrial and home boilers. With an annual growth rate of 24%, India has the largest boiler market, followed by Bangladesh and Pakistan. The energy and electricity sectors drive the Indian boiler market. In Bangladesh, the garment and textile industries are the primary customers for boilers. Domestic manufacturing operations meet about 70% of the boiler requirements of the garment and textile industries.

The key industries in Bangladesh that require boilers include poultry, feed mills, pharmaceuticals, food industries, auto rice mills, packaging, printing, and leather industries. Large boilers are usually imported into Bangladesh. With the sustained growth in the garments and textile industries in Bangladesh at an annual rate of 7%, there is a large demand for boilers, which is expected to increase at a rate higher than the global demand of 4%.

India is a major participant in the chemical processing sector as well. Growing investments and government reforms, as well as the construction of new industrial corridors under Make in India and other initiatives, are driving the market for boiler water treatment chemicals throughout the country's numerous manufacturing industries. As the market in Western nations stagnates, numerous sectors are springing up in fast-growing economies such as India and China. This is expected to rise the region's need for boiler water treatment chemicals.

China continues to construct thermal power facilities, as well as solar and wind power plants. In the first half of 2020, China completed the building of an 11GW coal-fired power plant. In addition, the country intends to construct 53 GW of coal and gas-fired power facilities in the next years. China has 47 active nuclear power reactors with a total installed capacity of 48.76 GW as of June 2020. Another 11 nuclear power reactors, with a total installed capacity of 11.759 GW, were under development. The rapidly increasing thermal and nuclear power plants are expected to drive the market for boiler water treatment chemicals in the country during the forecast period.

The North American market is expected to grow at a CAGR of 7.45% during the forecast period. The development of hydraulic fracturing technology has resulted in increased output of unconventional sources such as shale gas and tight oil in North Dakota and West Texas. This enhanced the penetration of water treatment facilities in the upstream oil and gas industry, which is expected to have a significant positive influence on the market throughout the forecast period.

The U.S. market is expected to register a significant growth rate over the forecast period. This growth might be ascribed to tight government rules aimed at regulating wastewater disposal and manufacturing. According to the International Trade Administration (ITA), the United States is a world leader in energy production, consumption, and supply (presence of thermoelectric power plants). The growing demand for treatment chemicals from the power industry in the United States to treat its wastewater is expected to boost the market growth.

The industrial and commercial sectors in the United States use a lot of energy. A large portion of this energy is utilized in boilers to produce steam and hot water. According to the EEA, there are 163,000 industrial and commercial boilers in the United States in 2022, with a total fuel input capacity of 2.7 million MMBtu/hr. These boilers utilize around 8,100 TBtu per year, accounting for approximately 40% of the total energy consumed in these industries.

The continued construction of commercial facilities such as retail stores, offices, nursing homes, and educational institutions is expected to drive market growth in the United States. However, shifting trends toward the consumption of processed food and drinks in conjunction with rising government investment throughout the healthcare industry would drive demand for boilers and, eventually, boiler water treatment chemicals over the forecast period.
Competitive Landscape:
The boiler water treatment chemical market is highly fragmented, with many foreign and local companies present in various locations. Key Manufacturers in the boiler water treatment chemicals market are expected to be using innovative product launches, acquisitions, and R&D initiatives as major strategies for maintaining their presence in the global market. For example, in January 2019, Solenis announced the completion of its merger with BASF SE's wet-end "Paper and Water Chemicals" division. The merged firm begins operations under the Solenis brand and can deliver a broader range of chemical solutions to a variety of industrial users.

In October 2017, WaterBridge Ventures declared that it had completed its acquisition of Arkoma Water Resources, LLC. This purchase considerably enhances WaterBridge's operational capabilities and complements WaterBridge's current product offering for the treatment of water bodies such as generated water, transportation pipeline, supply water, and SWD infrastructure operations.

The market for boiler water treatment chemicals was consolidated in 2022 by the top five companies, which accounted for xx% of the share. Ecolab Inc., Solenis, Veolia Water Technologies, Metito, Suez SA, BWA Water Additives, Ion Exchange LLC, Kurita Water Industries Ltd, Thermax Limited, Wetico, Buckman, AES Arabia Ltd, Improchem Pty Ltd, BASF SE, ChemTreat Inc. (Danaher Corporation) are among the major players in the boiler water treatment chemicals market held the significant share in global boiler water treatment chemicals market.
Boiler Water Treatment Chemicals Market Scope: Inquire before buying



Boiler Water Treatment Chemicals Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2017 to 2022
Market Size in 2022:
US $ 30.72 Bn.


Forecast Period 2023 to 2029 CAGR:
8.5%
Market Size in 2029:
US $ 54.39 Bn.


 Segments Covered:
by Product
• Coagulants & Flocculants
• Biocide & Disinfectant
• Defoamer & Defoaming Agent
• pH & Adjuster & Softener
• Scale & Corrosion Inhibitor
• Others


by Application
• Basic Chemicals
• Blended/Specialty Chemicals


by End-user Industry
• Power Generation
• Steel and Metal Industry
• Oil Refinery
• Chemical & Petrochemical
• Textile and Dye Industry
• Sugar Mill
• Food and Beverage
• Other End-user Industries



Boiler Water Treatment Chemicals Market, by Region
• North America (United States, Canada and Mexico)
• Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
• Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
• Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
• South America (Brazil, Argentina Rest of South America)
Boiler Water Treatment Chemicals Market, Key Players are:
• Ecolab
• Suez
• Kemira
• Kurita Water Industries
• Solenis
• Arkema
• BASF
• Chemtreat
• Thermax
• Veolia Water Technologies
• Accepta Water Treatment
• Aries Chemical
• Akzo Nobel
• Buckman Laboratories
• BWA Water Additives UK
• Chemfax Products
• Chemtex Speciality
• Dowdupont
• Eastman
• Feedwater
• Guardian Chemicals
• Henkel
• Ion Exchange
• Lenntech
• Vasu Chemicals

FAQs:

1. What are the major growth drivers for the Boiler Water Treatment Chemicals market?
Ans. Rising demand for steam and pure water across the end-use industries, growing need for boiler water treatment to ensure steam boilers are operating properly, increasing power generation plants, and rising demand for new chemicals are expected to be the major drivers for the Boiler Water Treatment Chemicals market.

2. What is the major restraint for the Boiler Water Treatment Chemicals market growth?
Ans. Formation of deposits after water treatments is expected to be the major restraining factor for the Boiler Water Treatment Chemicals market growth.

3. Which region is expected to lead the global Boiler Water Treatment Chemicals market during the forecast period?
Ans. The Asia-Pacific market is expected to lead the global Boiler Water Treatment Chemicals market during the forecast period due to the increasing demand for boilers from growing economies such as India, China, Indonesia, Japan, South Korea, and Malaysia.

4. What is the projected market size & growth rate of the Boiler Water Treatment Chemicals Market?
Ans. The Boiler Water Treatment Chemicals Market size was valued at USD 30.72 Bn. in 2022 and the total Boiler Water Treatment Chemicals revenue is expected to grow at a CAGR of 8.5% from 2023 to 2029, reaching nearly USD 54.39 Bn.

5. What segments are covered in the Boiler Water Treatment Chemicals Market report?
Ans. The segments covered are Product, Application, End-user Industry, and Region.