North America Cooling Water Treatment Chemicals Market Forecast to 2030 – COVID-19 Impact and Regional Analysis – by Type (Corrosion Inhibitors, Scale Inhibitors, Biocides, and Others) and End-Use Industry (Power; Steel and Mining & Metallurgy; Petrochemicals and Oil & Gas; Food & Beverage; Textile; and Others)
The North America cooling water treatment chemicals market size is expected to grow from US$ 2,978.97 million in 2022 to US$ 4,727.84 million by 2030; it is expected to register a CAGR of 6.1% from 2023 to 2030.
Market Introduction
Cooling water treatment chemicals are the chemical agents which helps in removing the unwanted harmful bacteria from the cooling system. It is mainly used for protecting the system from damaging corrosion, control the scale formation & fouling and to control the growth of harmful bacteria. The cooling water treatment chemicals possess the excellent properties of increasing the efficiency and safety of the device. Furthermore, it reduces the energy consumption by increasing the pace of cleaning. Few examples of cooling water treatment chemicals are polyphosphates, chromates, nitrites, surfactants, zeolites, orthophosphate, etc. It is used in various industries such as power, oil & gas, steel & metal, sugar mills, textile, etc.
Cooling water treatment chemicals are the chemical agents which help in removing the unwanted harmful bacteria from the cooling system. It is mainly used for protecting the system from corrosion, control the scale formation and fouling, and to control the growth of harmful bacteria. The North America cooling water treatment chemicals market is growing at a significant pace owing to driving factors such as increasing demand due to the stringent regulation by the government on conservation of water and wastewater management. Furthermore, increasing need of fresh water in several industries is likely to drive the market growth.
Quick urbanization, rising monetary improvement, and expanding industrial activities have resulted in a tremendous demand for water across the world. It is crucial to maintain the hydrological cycle for ensuring a sustainable future. The four fundamental procedures used for water treatment are heater treatment, cooling treatment, and filtration. The consumption of freshwater is surging due to climate change and population growth, and increased land use and energy generation, which has resulted in water scarcity, in turn, requiring prompt considerations. Additionally, rising costs of industrial water are rerouting industries’ focus on water recycling and reuse. The adoption of cooling water treatment is high among industries such as oil & gas, pulp & paper, electric power generation, and chemicals due to the high-water requirement. These industries incorporate various technologies to recycle and reuse water for industrial applications to save water. For instance, the power industry uses water softener systems to reduce water hardness for preventing scale build-up, clogging, and expense. Such practices have accelerated the use of different cooling water treatment chemicals among these industries, thereby boosting the market growth.
Key Market Segments
Based on end-use industry, the North America cooling water treatment chemicals market is segmented into power; steel, mining & metallurgy; petrochemicals, oil, & gas; food & beverages; textiles; and others. In 2022, the power segment held the largest market share. The power industry is the largest consumer of cooling water treatment chemicals owing to the high-water requirement of the industry and need to preserve freshwater resources. Water is utilized in high-pressure boilers, turbines, and cooling towers to generate power. Water treatment for the power industry is a crucial procedure that requires reliable innovation. High-virtue water guarantees legitimate activity of the steam age framework and lessens blowdown recurrence and utilization of heater synthetic substances. Effective cooling water treatment is necessary for ensuring maximum profitability and nonstop activity of the power industry. Moreover, power industries involving nuclear and thermal plants often use seawater for cooling and are equipped with anti-corrosion heat exchange equipment. The increasing number of nuclear plants across the world, coupled with the need to maintain the existing plants, is expected to propel the demand for cooling water treatment chemicals.
Major Sources and Companies:
A few primary and secondary sources referred to while preparing this report on the North America cooling water treatment chemicals market are paid databases (Factiva), publications, hoovers, investor presentations, newsletters, sec archives, annual reports, and other information available in the public domain. Major companies operating in the North America cooling water treatment chemicals market listed in the report are Accepta, Albemarle Corporation, Buckman, Chemtex Speciality Limited, ChemTreat, Inc., DuBois Chemicals, Ecolab, Veolia Water Technologies, Kemira Oyj, and Kurita Water Industries LTD.
Reasons to Buy Report
- Progressive trends in the cooling water treatment chemicals industry to help players develop effective long-term strategies
- Business growth strategies adopted by companies to secure growth in developed and developing markets
- Quantitative analysis of the North America cooling water treatment chemicals market from 2020 to 2030
- Estimation of the demand for cooling water treatment chemicals
- Porter’s Five Forces analysis to determine the lucrativeness of the market
- Recent developments to understand the competitive market scenario and the demand for the cooling water treatment chemicals
- Market trends and outlook, and factors driving and restraining the North America cooling water treatment chemicals market growth
- Understanding the strategies that underpin commercial interest with regard to the North America cooling water treatment chemicals market growth, aiding in the decision-making process
- North America cooling water treatment chemicals market size at various nodes of market
- Detailed overview and segmentation of the North America cooling water treatment chemicals market, and its industry dynamics
- North America cooling water treatment chemicals market size in various regions with promising growth opportunities
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Cooling Water Treatment Chemicals Market – By Type
1.3.2 North America Cooling Water Treatment Chemicals Market – By End-Use Industry
1.3.3 North America Cooling Water Treatment Chemicals Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Cooling Water Treatment Chemicals Market Landscape
4.1 Market Overview
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers
4.3.2 Manufacturers
4.3.3 Distributors/Suppliers
4.3.4 End Use Industry
4.4 Expert Opinions
5. Cooling Water Treatment Chemicals Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Demand from Power Industry
5.1.2 Growing Emphasis on Water Recycling and Reuse
5.2 Market Restraints
5.2.1 Surging Preference for Chlorine Alternatives
5.3 Market Opportunities
5.3.1 Increasing Popularity of Zero Liquid Discharge
5.4 Future Trends
5.4.1 Shifting Focus Toward Green Chemicals
5.5 Impact Analysis
6. Cooling Water Treatment Chemicals – North America Market Analysis
6.1 North America Cooling Water Treatment Chemicals Market Overview
6.2 Cooling Water Treatment Chemicals Market Forecast and Analysis
6.3 Market Positioning – Key Market Players
7. Cooling Water Treatment Chemicals Market Analysis – By Type
7.1 Overview
7.2 Cooling Water Treatment Chemicals Market, By Type (2022 and 2030)
7.3 Scale Inhibitor
7.3.1 Overview
7.3.2 Scale Inhibitor: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million)
7.4 Corrosion Inhibitor
7.4.1 Overview
7.4.2 Corrosion Inhibitor: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million)
7.5 Biocide
7.5.1 Overview
7.5.2 Biocide: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million)
7.6 Other Type
7.6.1 Overview
7.6.2 Other Type: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million)
8. Cooling Water Treatment Chemicals Market Analysis – By End Use Industry
8.1 Overview
8.2 Cooling Water Treatment Chemicals Market, By End Use Industry (2022 and 2030)
8.3 Power
8.3.1 Overview
8.3.2 Power: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million)
8.4 Steel, Mining, & Metallurgy
8.4.1 Overview
8.4.2 Steel, Mining, & Metallurgy: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million)
8.5 Petrochemicals, Oil, & Gas
8.5.1 Overview
8.5.2 Petrochemicals, Oil, & Gas: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million)
8.6 Food & Beverages
8.6.1 Overview
8.6.2 Food & Beverages: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million)
8.7 Textile
8.7.1 Overview
8.7.2 Textile: Cooling Water Treatment Chemicals Market– Revenue and Forecast to 2030 (US$ Million)
8.8 Other End Use
8.8.1 Overview
8.8.2 Other End Use: Cooling Water Treatment Chemicals Market– Revenue and Forecast to 2030 (US$ Million)
9. Cooling Water Treatment Chemicals Market – Geographic Analysis
9.1 North America: Cooling Water Treatment Chemicals Market
9.1.1 North America: Cooling Water Treatment Chemicals Market –Revenue and Forecast to 2030 (US$ Million)
9.1.2 North America: Cooling Water Treatment Chemicals Market, by Key Country
9.1.2.1 US: Cooling Water Treatment Chemicals Market –Revenue and Forecast to 2030 (US$ Million)
9.1.2.1.1 US: Cooling Water Treatment Chemicals Market, by Type
9.1.2.1.2 US: Cooling Water Treatment Chemicals Market, by End Use
9.1.2.2 Canada: Cooling Water Treatment Chemicals Market –Revenue and Forecast to 2030 (US$ Million)
9.1.2.2.1 Canada: Cooling Water Treatment Chemicals Market, by Type
9.1.2.2.2 Canada: Cooling Water Treatment Chemicals Market, by End Use
9.1.2.3 Mexico: Cooling Water Treatment Chemicals Market –Revenue and Forecast to 2030 (US$ Million)
9.1.2.3.1 Mexico: Cooling Water Treatment Chemicals Market, by Type
9.1.2.3.2 Mexico: Cooling Water Treatment Chemicals Market, by End Use
10. Impact of COVID-19 Pandemic on North America Cooling Water Treatment Chemicals Market
10.1 North America: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Strategy and Business Planning
11.2 Product News
12. Company Profiles
12.1 Albemarle Corp
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Buckman Laboratories lnternational Inc
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Chemtex Speciality LTD
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 ChemTreat Inc
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 DuBois Chemicals Inc
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Ecolab Inc
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Veolia Water Solutions & Technologies SA
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Kemira Oyj
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Kurita Water Industries Ltd
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Accepta Ltd
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. North America Cooling Water Treatment Chemicals Market Revenue Forecast to 2030 (US$ Mn)
Table 2. North America Cooling Water Treatment Chemicals Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 3. North America Cooling Water Treatment Chemicals Market, by End Use Industry– Revenue and Forecast to 2030 (US$ Million)
Table 4. US Cooling Water Treatment Chemicals Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 5. US Cooling Water Treatment Chemicals Market, by End Use – Revenue and Forecast to 2030 (US$ Million)
Table 6. Canada: Cooling Water Treatment Chemicals Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 7. Canada Cooling Water Treatment Chemicals Market, by End Use – Revenue and Forecast to 2030 (US$ Million)
Table 8. Mexico Cooling Water Treatment Chemicals Market, by Type – Revenue and Forecast to 2030 (US$ Million)
Table 9. Mexico Cooling Water Treatment Chemicals Market, by End Use – Revenue and Forecast to 2030 (US$ Million)
Table 10. List of Abbreviation
LIST OF FIGURES
Figure 1. Cooling Water Treatment Chemicals Market Segmentation
Figure 2. Cooling Water Treatment Chemicals Market Segmentation – By Region
Figure 3. North America Cooling Water Treatment Chemicals Market Overview
Figure 4. The Power Industry is The Biggest Consumer of Cooling Water Treatment Chemicals
Figure 5. The US Held Largest Share of Cooling Water Treatment Chemicals Market in 2022
Figure 6. North America Cooling Water Treatment Chemicals Market, Industry Landscape
Figure 7. Porter's Five Forces Analysis: Cooling Water Treatment Chemicals Market
Figure 8. Ecosystem: Cooling Water Treatment Chemicals Market
Figure 9. Expert Opinion
Figure 10. Impact Analysis of Drivers and Restraints
Figure 11. Geographic Overview of Cooling Water Treatment Chemicals Market
Figure 12. North America Cooling Water Treatment Chemicals Market Forecast and Analysis, 2020–2030 (US$ Mn)
Figure 13. Cooling Water Treatment Chemicals Market Revenue Share, By Type (2022 and 2030)
Figure 14. Scale Inhibitor: Cooling Water Treatment Chemicals Market – Revenue and Forecast To 2030 (US$ Million)
Figure 15. Corrosion Inhibitor: Cooling Water Treatment Chemicals Market – Revenue and Forecast To 2030 (US$ Million)
Figure 16. Biocide: Cooling Water Treatment Chemicals Market – Revenue and Forecast To 2030 (US$ Million)
Figure 17. Other Type: Cooling Water Treatment Chemicals Market – Revenue and Forecast To 2030 (US$ Million)
Figure 18. Cooling Water Treatment Chemicals Market Revenue Share, By End Use (2022 and 2030)
Figure 19. Power: Cooling Water Treatment Chemicals Market – Revenue and Forecast To 2030 (US$ Million)
Figure 20. Steel, Mining, & Metallurgy: Cooling Water Treatment Chemicals Market – Revenue and Forecast To 2030 (US$ Million)
Figure 21. Petrochemicals, Oil, & Gas: Cooling Water Treatment Chemicals Market – Revenue and Forecast To 2030 (US$ Million)
Figure 22. Food & Beverages: Cooling Water Treatment Chemicals Market – Revenue and Forecast To 2030 (US$ Million)
Figure 23. Textile: Cooling Water Treatment Chemicals Market– Revenue and Forecast To 2030 (US$ Million)
Figure 24. Other End Use: Cooling Water Treatment Chemicals Market– Revenue and Forecast To 2030 (US$ Million)
Figure 25. North America: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million)
Figure 26. North America: Cooling Water Treatment Chemicals Market Revenue Share, by Key Country (2022 and 2030)
Figure 27. US: Cooling Water Treatment Chemicals Market –Revenue and Forecast to 2030 (US$ Million)
Figure 28. Canada: Cooling Water Treatment Chemicals Market –Revenue and Forecast to 2030 (US$ Million)
Figure 29. Mexico: Cooling Water Treatment Chemicals Market –Revenue and Forecast to 2030 (US$ Million)
Figure 30. Impact of COVID-19 Pandemic on North American Country Markets
- Albemarle Corp
- Buckman Laboratories lnternational Inc
- Chemtex Speciality LTD
- ChemTreat Inc
- DuBois Chemicals Inc
- Ecolab Inc
- Veolia Water Solutions & Technologies SA
- Kemira Oyj
- Kurita Water Industries Ltd
- Accepta Ltd
- Progressive industry trends in the North America cooling water treatment chemicals market to help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the North America cooling water treatment chemicals market from 2020 to 2030
- Estimation of the demand for outdoor furniture and parking lot products across various industries
- Porter’s five forces analysis to determine the factors affecting the lucrativeness of the market
- Recent developments to understand the competitive market scenario and the demand for outdoor furniture and parking lot products in North America.
- Market trends and outlook coupled with factors driving and restraining the growth of the North America cooling water treatment chemicals market.
- Decision-making process by understanding strategies that underpin commercial interest concerning the North America cooling water treatment chemicals market growth
- The North America cooling water treatment chemicals market size at various nodes of market
- Detailed overview and segmentation of North America cooling water treatment chemicals market as well as its dynamics in the industry
- The North America cooling water treatment chemicals market size in different regions with promising growth opportunities