Europe Boiler Water Treatment Chemicals Market Size (2024 - 2029)

Europe Boiler Water Treatment Chemicals Market Analysis

The Europe Boiler Water Treatment Chemicals Market size is estimated at USD 3.69 billion in 2024, and is expected to reach USD 4.71 billion by 2029, growing at a CAGR of 4.96% during the forecast period (2024-2029).

The COVID-19 epidemic harmed the water treatment chemicals sector. Global lockdowns and severe rules enforced by governments resulted in a catastrophic setback as most production hubs were shut down. Nonetheless, the business is recovering since 2021 and is expected to rise significantly in the coming years.

• A few of the major factors driving the consumption of boiler water treatment chemicals are the accelerating usage in power generation and processing industries and the growing popularity of blowdown liquids.
• However, the hazardous nature of hydrazine is expected to restrain the market studied during the forecast period.
• The shifting focus on the usage of green chemicals and development in chemical technology will likely provide a major growth opportunity for the market studied during the forecast period.
• Among the European countries, the United Kingdom currently accounts for the largest market share and is expected to dominate the market during the forecast period.

Europe Boiler Water Treatment Chemicals Industry Segmentation

Bolier water treatment chemicals are the softening chemicals added to the feed water to ensure the boiler systems are correctly maintained and operate optimally. The European boiler water treatment chemicals market is segmented by product type, chemistry, end-user industry, and geography. The market is segmented by product type into scale and corrosion inhibitors, coagulants and flocculants, pH boosters, oxygen scavengers, and others. The market is segmented by chemistry into basic and blended/specialty chemicals. The market is segmented by end-user industry into power generation, steel and metal industry, oil refinery, chemical and petrochemical, textile and dye industry, sugar and paper mills, food and beverages, institutional, pharmaceuticals, and other end-user industries. The report also covers the market size and forecasts for the European boiler water treatment chemicals market in 4 European countries. Each segment's market sizing and forecasts are based on revenue (USD million).