A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Cooling
Water Treatment Chemicals
Market. The
study, titled “Cooling
Water Treatment Chemicals Market - Global Industry Analysis, Size,
Share, Growth, Trends, and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
Water
is one of the major and most affordable universal solvents in the
world. It is abundantly available worldwide and has high heat
capacity. This makes it an ideal medium for heat exchange in cooling
and filtration systems. Water consists of dissolved salts and
minerals such as salts and oxides of calcium, magnesium, silica,
carbonates, and chlorides. It also contains biological impurities
such as bacteria, which gets precipitated and sticks to the walls of
the water cooling equipment surfaces when encountered with heat. Heat
exchange is one of the major functions of water cooling equipments.
Precipitation of dissolved salts in water takes place due to the heat
exchange.
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The
precipitated minerals can cause damage (corrosion, clogging and
fouling) to cooling system equipment. As water get concentrated in
cooling systems it dissolves ions which may exceed the solubility of
some minerals and results in scale formation in pipes, dissolved
oxygen and other nutrients in water also encourage bacterial growth
that can foul system surfaces and also causes diseases if not
treated. Corrosion, scaling, and fouling are the major problems
encountered in cooling water systems. These require proper treatment
and control methods to maintain the value of the process it serves.
Chemical treatment of cooling water is an integral part of many
industrial processes. It is considered an important preventive
maintenance. Corrosion, scaling and fouling of water cooling
equipment can be effectively controlled through the chemical
treatment.
Major
chemicals used to treat cooling water fall under polyphosphates,
chromates, nitrites, surfactants, zeolites, orthophosphates, PH
regulators, biocides, and bio dispersants categories. These chemicals
are injected into water cooling systems in specified doses to prevent
scaling, corrosion, and growth of bacteria in water. Thus, these
protect the equipment from degradation. Many industries such as
power, food & beverage, steel, mining & metallurgy, oil &
gas, refinery & petrochemicals, textiles & dyes and, food &
beverage employ cooling water treatment chemicals. Based on chemical
type, the cooling water treatment chemicals can be segmented into
steel and copper based corrosion inhibitors, organic and inorganic
phosphates based scaling inhibitors, oxidizing biocides,
non-oxidizing biocides, bio-dispersants and others.
Corrosion
and scaling accounts for major losses in cooling water systems.
Various specialty chemicals are used as corrosion and scaling
inhibitors. These include sodium hexa metaphosphate (SHMP), sodium
tri polyphosphate (STPP), dilute phosphoric acid, monoammonium
phosphate, diammonium phosphate, monopotassium phosphate, amino tri
methylene phosphonate and ethylene diphosphonic acid. Biocides can be
divided into non-oxidizing biocides (such as bronopol and
isothiazoline) and oxidizing biocides such as (calcium hypochlorite,
sodium hypochlorite, stabilized bromine, hypobromus acid, sodium
bromide, and chlorine dioxide tablets).
Scale
inhibitor chemicals, corrosion inhibitor chemicals, and biocides
accounts for around 96% share of the global cooling water treatment
chemicals market, of this, scale inhibitor and corrosion inhibitor
chemicals holds more than 43% share. The cooling water chemical
treatment market is expanding primarily due to the introduction of
stringent regulations on water conservation and wastewater management
in industrial processes, legislations on water treatment methods, and
alignment of water quality standards with the European Union (EU)
directives.
Asia-Pacific
is rapidly growing region of the cooling water treatment chemicals
market. China, India, Thailand and Indonesia are potentially highly
lucrative markets for cooling water treatment chemicals in the
region. The outlook for the cooling water treatment chemicals market
in Russia and Spain in Europe and the UAE in the Middle East also
appears positive. Government norms are pushing the reduction of
wastewater discharge and the need for fresh water for sustainable
industrial development.
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BASF
SE, Dow Chemical, Akzo Nobel, Ecolab Inc., GE Water and Process
Technologies and Kemira OYJ are the major players operating in the
cooling water treatment chemicals market. Dow Chemicals and Akzo
Nobel are the key suppliers of cooling water treatment chemicals.
These companies account for prominent share of the cooling water
treatment chemicals market. Demand for cooling water treatment
chemicals is anticipated to increase across the globe due to the
rapid industrialization & urbanization, strict water conservation
norms, and need for more efficient industrial water treatment for
safe disposal.
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
The
study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The
regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
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of quantitative forecasting and trends analysis provides
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and analyze information.
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data repository is continuously updated and revised by a team of
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Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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