Cooling Water Treatment Chemical Market: Trends, Opportunities and Competitive Analysis [2023-2028]

Cooling Water Treatment Chemical Market Trends and Forecast

The future of the global cooling water treatment chemical market looks promising with opportunities in the power, petrochemical, food and beverage, and textile end use industries. The global cooling water treatment chemical market is expected to reach an estimated $11.5 billion by 2028 with a CAGR of 5.5% from 2023 to 2028. The major drivers for this market are increasing demand from various end user industries, such as power, oil and gas and food and beverage industry and introduction of sustainability mandates related to water and wastewater treatment.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Cooling Water Treatment Chemical Market by Segment

The study includes a forecast for the global cooling water treatment chemical market by product, end use industry, and region, as follows:

Cooling Water Treatment Chemical Market by Product [Value ($B) Shipment Analysis from 2017 to 2028]:

• Corrosion Inhibitor
• Scale Inhibitor
• Biocide

Cooling Water Treatment Chemical Market by End Use Industry [Value ($B) Shipment Analysis from 2017 to 2028]:

• Power Industry
• Petrochemicals
• Food and Beverage
• Textile

Cooling Water Treatment Chemical Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Cooling Water Treatment Chemical Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies cooling water treatment chemical companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the cooling water treatment chemical companies profiled in this report include.

• Suez
• Kemira
• Solenis
• DuPont

Cooling Water Treatment Chemical Market Insights

• Lucintel forecast that scale inhibitors will remain the largest segment over the forecast period as they help in preventing scale formation and internal corrosion of equipment.
• Power industry is projected to record the highest growth due to increase in number of nuclear power plants globally along with growing awareness about the need for sustainable practices in the industry.
• APAC will remain the largest region due to the rapid industrialization, depleting freshwater resources, and growing government investment in water and waste water treatments.

Features of the Cooling Water Treatment Chemical Market

• Market Size Estimates: Cooling Water treatment chemical market size estimation in terms of value ($B)
• Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
• Segmentation Analysis: Cooling Water treatment chemical market size by various segments, such as by product, end use industry, and region
• Regional Analysis: Cooling Water treatment chemical market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
• Growth Opportunities: Analysis on growth opportunities in different by product, end use industry, and regions for the cooling water treatment chemical market.
• Strategic Analysis: This includes M&A, new product development, and competitive landscape for the cooling water treatment chemical market.
• Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the cooling water treatment chemical market size?

Answer: The global cooling water treatment chemical market is expected to reach an estimated $11.5 billion by 2028.

Q2. What is the growth forecast for cooling water treatment chemical market?

Answer: The global cooling water treatment chemical market is expected to grow with a CAGR of 5.5% from 2023 to 2028.

Q3. What are the major drivers influencing the growth of the cooling water treatment chemical market?

Answer: The major drivers for this market are increasing demand from various end user industries, such as power, oil and gas and food and beverage industry and introduction of sustainability mandates related to water and waste water treatment.

Q4. What are the major segments for cooling water treatment chemical market?

Answer: The future of the cooling water treatment chemical market looks promising with opportunities in the power, petrochemical, food and beverage, and textile end use industries.

Q5. Who are the key cooling water treatment chemical companies?

Answer: Some of the key cooling water treatment chemical companies are as follows:

• Suez
• Kemira
• Solenis
• DuPont

Q6. Which cooling water treatment chemical segment will be the largest in future?

Answer:Lucintel forecast that scale inhibitors will remain the largest segment over the forecast period as they help in preventing scale formation and internal corrosion of equipment.

Q7. In cooling water treatment chemical market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region due to the rapid industrialization, depleting freshwater resources, and growing government investment in water and waste water treatments.

Q8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions

• Q.1. What are some of the most promising, high-growth opportunities for the cooling water treatment chemical market by product (corrosion inhibitor, scale inhibitor, biocide), end use industry (power industry, petrochemical, food and beverages, and textile), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?