Market Size of Boiler Water Treatment Chemicals Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | > 6.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia-Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Boiler Water Treatment Chemicals Market Analysis
The market for boiler water treatment chemicals is expected to register a CAGR of more than 6%, during the forecast period. The key drivers of the market are increasing capacity additions and installations in the Asia-Pacific power industry.
- On the other hand, a lack of awareness regarding boiler water treatment is expected to act as a restraint to the market studied in the forecast period(2022-2027).
- Re-emergence of film-forming amines for corrosion protection is anticipated to act as a key market opportunity to grow in the future post forecast period.
- In terms of regional segmentation, Asia-Pacific is expected to account for the highest growth rate, during 2022-2027.
