Europe Boiler Water Treatment Chemicals Market - Segmented by Type, Industry, and Geography - Growth, Trends, and Forecast (2018 - 2023)

The Europe boiler water treatment chemicals market is expected to witness a CAGR of more than 5%, during the forecast period, 2018 - 2023. United Kingdom dominated the Europe boiler water treatment chemicals market in 2017.

Reduction in Pretreatment and Heat Exchanger Equipment Cost to Drive the Market

As boiler water treatment chemicals are used for optimum maintenance of equipment, the investment costs and maintenance costs can be brought down significantly. In absence of these chemicals, water damages the equipment and leads to fouling in a short span of time. This fouling can cause damage and if neglected, results in the failure of the equipment. In a majority of the industries, water is pretreated with resins and chemicals, like chlorine to make them suitable for use in boiler equipment. Usage of apt boiler water chemicals leads to lower maintenance costs. Heat exchange equipment is designed to withstand the conditions exceeding the specifications. They help to lower the total cost of ownership, which is expected to significantly drive the boiling water treatment chemicals market. 

Scale Inhibitors – The Dominating Segment

By type, scale inhibitors dominated the Europe boiler water treatment chemicals market in 2017. During boiler water operation at industrial plants, the pipelines accumulate scale on their walls. These scales if remain untreated can cause overheating, reduced efficiency in heat transfer, tube failures and restrict circulation, which in turn will reduce the reliability on the boiler water system. To avoid such a situation, scale inhibitors are widely used in various industries such as oil & gas, power generation, textile, and food processing. As the end-user industries continue to grow, coupled with increasing focus to treat water before releasing is expected to drive the market for scale inhibitors through the forecast period in Europe region.

United Kingdom – the Largest Market amongst Countries

United Kingdom dominated the Europe market in 2017. The major industries in the country with an extensive usage of boiler water, where the treatment of the water is necessary, are the power industry, the food processing industry, the industrial equipment manufacturing industry, the pharmaceutical industry, and the processed metals industry. The power industry in UK utilizes 220.08 cubic meters of water per Mega Watt hour (MWh) of the energy generated for boiling water requirement. The growth in the power industry would increase the demand for boiling water and its chemicals in this region.

Notable Developments

• October 2017: SUEZ finalized the acquisition of GE Water & Process Technologies and set up a business unit " Water Technologies & Solutions"
• September 2017: Kurita Water Industries Ltd. announced that the company has started selling a new version of CETAMINE, a water treatment chemical for middle and high pressure boilers

Major players: Nalco (Ecolab), BASF SE, SUEZ, DowDuPont, and Solenis, among others.

Reason to Purchase this Report

• Analyzing various perspectives of the market with the help of Porter’s five forces analysis
• To understand, which type and industry is dominating the market
• Information about the countries, which are expected to witness the fastest growth during the forecast period
• Identifying the latest developments, market shares, and strategies employed by the major market players
• 3-month analyst support, along with the Market Estimate sheet in excel

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