According to Fact.MR, Insights of Feedwater Treatment Chemicals Market is a specialized and in-depth study of the industry with a special focus on the Key Trends of Feedwater Treatment Chemicals Market is a Service. The report aims to provide an overview with detailed segmentation by type, application, end use and geography. The global is expected to witness high growth during the forecast period.
A survey offers detailed analysis on key growth drivers of Feedwater Treatment Chemicals Market trends accelerating Feedwater Treatment Chemicals Market sales globally. The survey also gives detailed analysis on the competitive landscape of Feedwater Treatment Chemicals Market identifying key players and analyzing the impact of their growth strategies.
Key Highlights
- Sales of Feedwater Treatment Chemicals Market In 2022
- Competitive Analysis of Feedwater Treatment Chemicals Market
- Demand Analysis of Feedwater Treatment Chemicals Market
- Key Trends of Supply Side Analysis of Feedwater Treatment Chemicals Market
- Outlook of Feedwater Treatment Chemicals Market
- Insights of Feedwater Treatment Chemicals Market
- Analysis of Feedwater Treatment Chemicals Market
- Survey of Feedwater Treatment Chemicals Market
- Size of Feedwater Treatment Chemicals Market
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Treatment and Reuse of Feedwater to Fuel the Sales of Feedwater Treatment Chemicals
Since past years, the declining fresh water resources and abuse of water has caused severe water stress across many regions. To overcome this condition, governments across the globe have been applying stringent rules relating to treatment and reuse of feedwater. In addition, government is highly focused to improve municipal water facilities in urban & rural areas. Such developments for industrial and domestic and municipal water treatment are expected to create high demand for feedwater treatment chemicals over the forecast period.
Growing Petrochemical Industry to Spur the Demand for Feedwater Treatment Chemicals
Petrochemical industry has witnessed a steady growth since the past decade which has directly influenced the use of boilers in this sector. The United States petrochemical industry is expected to witness an upsurge with increasing exports as well as production of petrochemicals. This has spurred the use of feedwater treatment chemicals with increasing use of boilers in the manufacturing of petrochemicals.
Likewise, Asia Pacific also has reflected an upsurge in the petrochemical sector, with China to be at the forefront. The feedwater treatment market in Asia Pacific is expected to witness significant expansion with the increasing use of corrosion inhibitors, coagulants, flocculants, pH adjusters and biocides in the treatment of feedwater in boilers used in manufacturing of petrochemicals.
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Innovative Developments by Key Participants to Fuel Growth of Global Feedwater Treatment Chemicals Market
With growing awareness regarding feedwater treatment for effective functioning of boilers, participants involved in feedwater treatment have been focused on developing advanced technologies to enhance the feedwater treatment process. For instance, advanced organic oxygen scavenger inorganic sulphite formulations developed by SUEZ remove dissolved oxygen that remains post deaeration process. Dissolved oxygen is a major threat to boilers that causes severe pitting of boilers and corrosion.
This formulation by SUEZ enhances the reliability of the equipment, reduces costs associated with maintenance and reduces copper and iron levels in feedwater. Awareness regarding such techniques is expected to support the sales of feedwater treatment chemicals in the following years. Other key participants involved in the global feedwater treatment chemicals market include Ovivo, Thermax Chemicals, Ecolab Incorporated, Samco Technologies, Feedwater Ltd., BASF SE, and Dow Chemical Company.
Moreover, favourable government initiatives regarding infrastructure development has also influenced the feedwater treatment chemicals market. With infrastructural development in focus, the proliferating use of boilers in industries is expected to push the demand for chemicals used to treat boiler feedwater.
For example, state government of California is focusing on energy efficiency projects for which it has invested around US$ 55 Bn. Additionally, California state government has also initiated funding for advanced boiler systems, which is around US$ 4 Mn. Such initiatives is accelerating the adoption of advanced boiler systems, due to which demand for boiler feedwater treatment chemicals is expected to rise in the coming years.
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