Market Size of Europe Boiler Water Treatment Chemicals Industry
| 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
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
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.
