North America Boiler Water Treatment Chemicals Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.00 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Boiler Water Treatment Chemicals Market Analysis
The market for boiler water treatment chemicals in North America is expected to grow at a CAGR of around 4% during the forecast period. One of the major factors driving the consumption of boiler water treatment chemicals is the accelerating usage in power generation and processing industries. However, the hazardous nature of hydrazine is expected to restrain the market studied during the forecast period.
- The shifting focus onto the usage of green chemicals is likely to provide a major growth opportunity for the market studied during the forecast period.
- Power industry is accounting for the major share of the market among the end-user industries currently and is expected to grow at the highest growth rate during the forecast period.
- Among the North American countries, the United States is currently dominating the market studied and is expected to grow at the highest rate during the forecast period.
North America Boiler Water Treatment Chemicals Market Trends
This section covers the major market trends shaping the North America Boiler Water Treatment Chemicals Market according to our research experts:
Power Industry to Dominate the Market
- Power plants utilize a large amount of water, primarily for the proper operation of turbines with the generation of heat and is the major consumer of boiler water chemicals.
- Power industries, such as thermal and nuclear plants often require chemicals to inject feed water into the boiler system.
- In the nuclear industry, the heat generated due to nuclear fission is used to produce steam from water in the boiler, which is used to drive a steam turbine.
- In thermal power plants, a boiler or steam generator is an integral device used to produce steam. This steam is then piped to the turbine of the thermal power plant.
- The energy generated by the nuclear plants in the region has been consistently growing over the past decade. There are also plans to launch new nuclear reactors in the near future.
- Hence, owing to the above-mentioned factors, power industry is expected dominate the market studied during the forecast period.
United States to Dominate the Market
- Among the North American countries, currently, the United States accounts for the major share of the market studied owing to the high demand from end-user industries like power, oil, food, paper, etc.
- The United States is the second-largest paper producer in the world. The world's largest pulp and paper mill is in Memphis, Tennessee, and is owned by International Paper. The country also exports large amounts of pulp & paper related products to various countries, globally.
- The United States operates the most nuclear reactors, has the largest installed nuclear power capacity, and generates the most nuclear power globally.
- The food & beverage industry is the major part of the country's economy. The industry consists of about 27,000 organizations and employs almost 1.5 million people. Though the growth in the industry is slower, the market is more stable than other manufacturing industries.
- The high abundance of shale gas and ethane are driving the petrochemical industry in the country. Taking advantage of the shale revolution, chemical companies and integrated oil companies are now announcing billions of investments in new petrochemicals plants and manufacturing ventures, over the next few years. This is expected to increase the growth in the demand for boiler water treatment chemicals, during the forecast period.
- Owing to the above-mentioned trends in the end-user industries, United States is likely to dominate the North America water treatment chemicals market during the forecast period.
North America Boiler Water Treatment Chemicals Industry Overview
The north America boiler water treatment chemicals market is moderately fragmented. Some of the major players of the market include Ecolab, Kemira, Suez, Solenis, and Kurita Water Industries Ltd, among others.
North America Boiler Water Treatment Chemicals Market Leaders
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Ecolab
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Kemira
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Solenis
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Kurita Water Industries Ltd
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Suez
*Disclaimer: Major Players sorted in no particular order
North America Boiler Water Treatment Chemicals Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
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4.1 Drivers
- 4.1.1 Increasing Usage in the Power Industry
- 4.1.2 Other Drivers
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4.2 Restraints
- 4.2.1 hazardous nature of Hydrazine
- 4.2.2 Other Restraints
- 4.3 Industry Value-Chain Analysis
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4.4 Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Consumers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products and Services
- 4.4.5 Degree of Competition
5. MARKET SEGMENTATION
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5.1 Type
- 5.1.1 Scale & Corrosion Inhibitors
- 5.1.2 Coagulants & Flocculants
- 5.1.3 pH Boosters
- 5.1.4 Oxygen Scavengers
- 5.1.5 Others
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5.2 Chemistry
- 5.2.1 Basic Chemicals
- 5.2.2 Blended/Specialty Chemicals
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5.3 End-user Industry
- 5.3.1 Power Generation
- 5.3.2 Steel & Metal Industry
- 5.3.3 Oil Refinery
- 5.3.4 Chemical Petrochemical
- 5.3.5 Textile & Dye Industry
- 5.3.6 Sugar Mill
- 5.3.7 Paper Mill
- 5.3.8 Food & Beverage
- 5.3.9 Institutional
- 5.3.10 Pharmaceutical
- 5.3.11 Other End-user Industries
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5.4 Geography
- 5.4.1 United States
- 5.4.2 Canada
- 5.4.3 Mexico
6. COMPETITIVE LANDSCAPE
- 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
- 6.2 Market Share Analysis**
- 6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
- 6.4.1 Ecolab
- 6.4.2 Solenis
- 6.4.3 Kemira
- 6.4.4 Solvay
- 6.4.5 Lonza
- 6.4.6 Kurita Water Industries Ltd.
- 6.4.7 SNF
- 6.4.8 Suez
- 6.4.9 Dow
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
- 7.1 Shifting Focus onto the Usage of Green Chemicals
North America Boiler Water Treatment Chemicals Industry Segmentation
The North America Boiler Water Treatment Chemicals market report includes:
| Type | Scale & Corrosion Inhibitors |
| Coagulants & Flocculants | |
| pH Boosters | |
| Oxygen Scavengers | |
| Others | |
| Chemistry | Basic Chemicals |
| Blended/Specialty Chemicals | |
| End-user Industry | Power Generation |
| Steel & Metal Industry | |
| Oil Refinery | |
| Chemical Petrochemical | |
| Textile & Dye Industry | |
| Sugar Mill | |
| Paper Mill | |
| Food & Beverage | |
| Institutional | |
| Pharmaceutical | |
| Other End-user Industries | |
| Geography | United States |
| Canada | |
| Mexico |
North America Boiler Water Treatment Chemicals Market Research FAQs
What is the current North America Boiler Water Treatment Chemicals Market size?
The North America Boiler Water Treatment Chemicals Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)
Who are the key players in North America Boiler Water Treatment Chemicals Market?
Ecolab, Kemira, Solenis, Kurita Water Industries Ltd and Suez are the major companies operating in the North America Boiler Water Treatment Chemicals Market.
What years does this North America Boiler Water Treatment Chemicals Market cover?
The report covers the North America Boiler Water Treatment Chemicals Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Boiler Water Treatment Chemicals Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
North America Boiler Water Treatment Chemicals Industry Report
Statistics for the 2024 North America Boiler Water Treatment Chemicals market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. North America Boiler Water Treatment Chemicals analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
