What is the Growth Prospect for the Boiler Water Treatment Chemicals Market?
The boiler water treatment chemicals market size underwent rapid growth, expanding from $3.88 billion in 2024 to $4.32 billion in 2025, posting a compound annual growth rate (CAGR) of 11.3%. Factors propelling this growth include urbanization, food & beverage industry requirements, expansion in refineries, industrial safety focus, and water conservation concerns.
The market is expected to maintain its bullish growth, on track to reach $6.61 billion by 2029 at a CAGR of 11.2%. Guiding this forward momentum is an emphasis on sustainable practices, global manufacturing growth, rising industrial activities, expansion of power generation, and increasing demand for energy. We’re also seeing trends towards maintenance cost reduction and expansion of power generation.
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What is Fueling the Growth of the Boiler Water Treatment Chemicals Market?
A significant driver for the boiler water treatment chemicals market is the surge in demand for power generation. Power generation installations, which converts primary energy into electrical energy, are becoming increasingly reliant on chemical water treatment for their water systems. This aids in improving the efficiency of power plants and maintaining the stability of their thermal equipment. For instance, the Hydropower Status Report revealed a 1.9% increase in global hydroelectric capacity and 3.3% surge in pumped storage capacity in 2021, highlighting the increased demand for power generation.
What Are the Key Segments in the Boiler Water Treatment Chemicals Market?
The boiler water treatment chemicals market report covers the following segments –
1) By Product: Coagulants And Flocculants, Biocide And Disinfectant, Defoamer And Defoaming Agent, PH And Adjuster And Softener, Scale And Corrosion Inhibitor, Other Products
2) By Application: Basic Chemicals, Blended Or Specialty Chemicals
3) By End-User Industry: Power Generation, Steel And Metal Industry, Oil Refinery, Chemical And Petrochemical, Textile And Dye Industry, Sugar Mill, Food And Beverage, Other End-User Industries
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Who Are the Major Players in the Boiler Water Treatment Chemicals Market?
Major players in the boiler water treatment chemicals market includes Ecolab Inc., Suez SA, Kemira Oyj, Kurita Water Industries Ltd., Solenis LLC, Arkema SA, BASF SE, ChemTreat Inc., Thermax Limited, Dow Inc., Eastman Chemical Company, GE Water & Process Technologies, Henkel AG & Co. KGaA, Italmatch Chemicals SpA, King Lee Technologies, Lonza Group Ltd., Nippon Rensui Co. Ltd., SUEZ Water Technologies & Solutions, Veolia Water Technologies & Solutions, Accepta Water Treatment Ltd., Aries Chemical Inc., Buckman Laboratories International Inc., Chemtex Speciality Limited, and Cortec Corporation among others.
What Are the Emerging Trends in the Boiler Water Treatment Chemicals Market?
Technological advancement is a key trend in the boiler water treatment chemicals market. Advanced chemicals were developed to handle issues with water use, such as scale buildup, metallic corrosion, boiler water carryover, and sludge deposition. Companies like Thermax Ltd. have launched new lines of boiler water treatment chemicals designed to enhance the efficiency and longevity of boiler systems.
What is the Regional Outlook for the Boiler Water Treatment Chemicals Market?
Asia-Pacific led the boiler water treatment chemicals market share in 2024 and is anticipated to be the fastest-growing region during the forecast period.
What Does The Boiler Water Treatment Chemicals Market Report 2025 Offer?
Boiler water treatment chemicals help extend a boiler’s lifespan by reducing or removing internal corrosion and scaling. All of this and more is covered in the Boiler Water Treatment Chemicals Market research report from The Business Research Company, including global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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