Boiler Water Treatment Chemicals Market Report 2025

The boiler water treatment chemicals market size has grown rapidly in recent years. It will grow from $3.88 billion in 2024 to $4.32 billion in 2025 at a compound annual growth rate (CAGR) of 11.3%. The growth in the historic period can be attributed to urbanization impact, food & beverage industry requirements, expansion in refineries, industrial safety focus, water conservation concerns.

The boiler water treatment chemicals market size is expected to see rapid growth in the next few years. It will grow to $6.61 billion in 2029 at a compound annual growth rate (CAGR) of 11.2%. The growth in the forecast period can be attributed to emphasis on sustainable practices, global manufacturing growth, rising industrial activities, expansion of power generation, increasing demand for energy. Major trends in the forecast period include maintenance cost reduction, expansion of power generation.

The rising demand for power generation is anticipated to drive the growth of the boiler water treatment chemicals market in the future. Power generation installations refer to industrial facilities that produce electricity using primary energy sources and one or more generators that convert mechanical energy into electrical energy. Chemical water treatment plays a vital role in enhancing the efficiency of power generation in power plants and is crucial for maintaining the reliability of thermal equipment operations. For example, in September 2022, the Energy Information Administration, a U.S.-based government agency, reported that the cumulative nameplate power capacity of active utility-scale battery energy storage systems (BESSs) in the U.S. reached 8,842 MW in 2022, with a total energy capacity of 11,105 MWh. A significant portion of this BESS power capacity became operational in recent years, with approximately 4,807 MW installed in 2022 alone. Thus, the increasing demand for power generation is propelling the boiler water treatment chemicals market forward.

The growing trend toward industrialization is expected to drive the growth of the boiler water treatment chemicals market in the future. Industrialization involves the establishment and expansion of various sectors, including manufacturing, power generation, and chemical processing. These sectors typically depend on boilers for steam generation, which is essential in many manufacturing processes. As industrial activities increase, the demand for boiler water treatment chemicals rises to ensure the efficient and safe functioning of boilers. For example, in August 2023, Trading Economics, a U.S.-based online platform, reported that India's industrial production grew by 10.3% year-on-year, marking the highest growth since June of the previous year, up from a 5.7% increase in July 2023. Therefore, the heightened shift towards industrialization is propelling the growth of the boiler water treatment chemicals market during the forecast period.

Technological advancements are playing a pivotal role in the boiler water treatment chemicals market. Companies are developing scientifically engineered chemicals designed to proactively address various water-related issues, including scale buildup, metallic corrosion, boiler water carryover, and sludge deposition. For example, in December 2023, Thermax Ltd., an India-based technology firm, launched Maxtreat, a new range of boiler water treatment chemicals aimed at enhancing the efficiency and longevity of boiler systems. This product launch targets the increasing demand for effective water treatment solutions across various industrial sectors, especially in power generation and manufacturing. Maxtreat is specifically formulated to improve operational efficiency by minimizing scaling and corrosion - two critical factors that can lead to system failures and elevated maintenance costs. Thermax's introduction of Maxtreat underscores its commitment to expanding its offerings in the boiler water treatment chemicals market and maintaining a competitive edge through innovation.

Companies in the boiler water treatment chemicals market prioritize upgrading and expansion activities to strengthen their product portfolios and increase geographic presence. Expanding production capacity is crucial for meeting rising demand, improving efficiency, and facilitating business growth. For example, in June 2022, China Everbright Water's securing of the Zhangdian East Chemical Industry Park Industrial Wastewater Treatment Plant expansion project exemplifies this strategic focus. Operating on a Build-Operate-Transfer (BOT) model, the project addresses industrial wastewater treatment needs, showcasing the commitment to both infrastructure development and business growth.

In September 2022, Solenis International LLC, a U.S.-based manufacturer and water treatment company, acquired Clearon Corp. This strategic acquisition is designed to significantly enhance Solenis's offerings in the water treatment sector, with a particular focus on boiler water treatment chemicals. By integrating Clearon Corp.'s expertise and product line, Solenis aims to broaden its range of solutions, especially in the residential and commercial pool water and spa treatment markets. Clearon Corp. specializes in the manufacture and supply of water treatment chemicals, which will complement Solenis's existing portfolio and enhance its capabilities in meeting diverse customer needs in the water treatment industry. This acquisition reflects Solenis's commitment to expanding its market presence and improving service offerings through strategic growth initiatives.

Major companies operating in the boiler water treatment chemicals market are Ecolab Inc., Suez SA, Kemira Oyj, Kurita Water Industries Ltd., Solenis LLC, Arkema SA, BASF SE, ChemTreat Inc., Thermax Limited, Dow Inc., Eastman Chemical Company, GE Water & Process Technologies, Henkel AG & Co. KGaA, Italmatch Chemicals SpA, King Lee Technologies, Lonza Group Ltd., Nippon Rensui Co. Ltd., SUEZ Water Technologies & Solutions, Veolia Water Technologies & Solutions, Accepta Water Treatment Ltd., Aries Chemical Inc., Buckman Laboratories International Inc., Chemtex Speciality Limited, Cortec Corporation, Luminor Environmental Inc., Nouryon Chemicals Holding B.V, Solvay SA, US Water Services Inc., Albemarle Corporation.

Asia-Pacific was the largest region in the boiler water treatment chemicals market share in 2024 and is expected to be the fastest-growing region in the forecast period. The regions covered in the boiler water treatment chemicals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the boiler water treatment chemicals market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Boiler water treatment chemicals play a crucial role in extending the lifespan of boilers by mitigating internal corrosion and scaling. These chemicals encompass various formulations such as oxygen scavengers, alkalinity boosters to prevent corrosion, and antiscalants to inhibit the buildup of scale in boilers.

The primary categories of boiler water treatment chemicals include coagulants and flocculants, biocides and disinfectants, defoamers and defoaming agents, pH adjusters and softeners, as well as scale and corrosion inhibitors. Coagulants and flocculants are substances designed to destabilize and remove suspended particles from aqueous solutions. These chemicals find applications in diverse sectors, including basic chemicals, blended or specialty chemicals, and cater to end-users such as power generation, steel and metal industries, oil refineries, chemical and petrochemical industries, textile and dye industries, sugar mills, food and beverage manufacturers, among others.

The boiler water treatment chemicals market research report is one of a series of new reports that provides boiler water treatment chemicals market statistics, including boiler water treatment chemicals industry global market size, regional shares, competitors with a boiler water treatment chemicals market share, detailed boiler water treatment chemicals market segments, market trends and opportunities, and any further data you may need to thrive in the boiler water treatment chemicals industry. This boiler water treatment chemicals market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The boiler water treatment chemicals market consists of sales of corrosion inhibitors and oxygen scavengers. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 3-5 business days.