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

The Europe Boiler Water Treatment Chemicals Market is projected to experience growth over the forecast period, driven by increased demand in power generation and processing industries, as well as the rising popularity of blowdown liquids. Despite challenges posed by the hazardous nature of certain chemicals like hydrazine, the market is recovering from setbacks caused by the COVID-19 pandemic and is poised for significant expansion. The shift towards green chemicals and advancements in chemical technology present substantial growth opportunities. The United Kingdom currently holds the largest market share in Europe and is expected to maintain its dominance.

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Market Size of Europe Boiler Water Treatment Chemicals Industry

Europe Boiler Water Treatment Chemicals Market Summary
Study Period 2019 - 2029
Market Size (2024) USD 3.69 Billion
Market Size (2029) USD 4.71 Billion
CAGR (2024 - 2029) 4.96 %
Fastest Growing Market Europe
Largest Market Europe

Major Players

Europe Boiler Water Treatment Chemicals Market Major Players

*Disclaimer: Major Players sorted in no particular order

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).

Type
Scale and Corrosion Inhibitors
Coagulants and Flocculants
pH Boosters
Oxygen Scavengers
Others
Chemistry
Basic Chemicals
Blended/Specialty Chemicals
End-user Industry
Power Generation
Steel and Metal Industry
Oil Refinery
Chemical and Petrochemical
Textile and Dye Industry
Sugar Mill
Paper Mill
Food and Beverage
Institutional
Pharmaceutical
Other End-user Industries
Geography
Germany
United Kingdom
France
Italy
Rest of Europe
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Europe Boiler Water Treatment Chemicals Market Size Summary

The European boiler water treatment chemicals market is poised for significant growth, driven by increasing demand in the power generation and processing industries. The market, which experienced setbacks due to the COVID-19 pandemic, is on a recovery trajectory and is expected to expand steadily over the forecast period. The United Kingdom currently holds the largest market share, benefiting from its robust sectors such as food and beverage, chemical manufacturing, and power generation. The shift towards green chemicals and advancements in chemical technology present substantial growth opportunities, despite challenges posed by the hazardous nature of certain chemicals like hydrazine.

The power generation industry is a dominant force in the European market for boiler water treatment chemicals, largely due to its role in managing industrial wastewater contaminated with harmful metals. The rising electricity demand across Europe, particularly in countries like Germany, France, and the United Kingdom, is expected to further drive the consumption of these chemicals. The market is moderately fragmented, with key players including Ecolab, Suez, Kurita Water Industries Ltd, Solenis, and Kemira. The focus on environmental and human health protection, especially in the United Kingdom, underscores the importance of effective water and wastewater treatment systems, supporting the market's growth prospects.

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Europe Boiler Water Treatment Chemicals Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Increasing Demand from Power Industry

      2. 1.1.2 Growing Popularity of the Blowdown Liquids

      3. 1.1.3 Other Drivers

    2. 1.2 Restraints

      1. 1.2.1 Hazardous Nature of Hydrazine

      2. 1.2.2 Other Restraints

    3. 1.3 Industry Value-chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Consumers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION (Market Size in Value)

    1. 2.1 Type

      1. 2.1.1 Scale and Corrosion Inhibitors

      2. 2.1.2 Coagulants and Flocculants

      3. 2.1.3 pH Boosters

      4. 2.1.4 Oxygen Scavengers

      5. 2.1.5 Others

    2. 2.2 Chemistry

      1. 2.2.1 Basic Chemicals

      2. 2.2.2 Blended/Specialty Chemicals

    3. 2.3 End-user Industry

      1. 2.3.1 Power Generation

      2. 2.3.2 Steel and Metal Industry

      3. 2.3.3 Oil Refinery

      4. 2.3.4 Chemical and Petrochemical

      5. 2.3.5 Textile and Dye Industry

      6. 2.3.6 Sugar Mill

      7. 2.3.7 Paper Mill

      8. 2.3.8 Food and Beverage

      9. 2.3.9 Institutional

      10. 2.3.10 Pharmaceutical

      11. 2.3.11 Other End-user Industries

    4. 2.4 Geography

      1. 2.4.1 Germany

      2. 2.4.2 United Kingdom

      3. 2.4.3 France

      4. 2.4.4 Italy

      5. 2.4.5 Rest of Europe

Europe Boiler Water Treatment Chemicals Market Size FAQs

The Europe Boiler Water Treatment Chemicals Market size is expected to reach USD 3.69 billion in 2024 and grow at a CAGR of 4.96% to reach USD 4.71 billion by 2029.

In 2024, the Europe Boiler Water Treatment Chemicals Market size is expected to reach USD 3.69 billion.

Europe Boiler Water Treatment Chemicals Market Report Snapshots

Europe Boiler Water Treatment Chemicals Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)