Asia Pacific Cooling Water Treatment Chemicals Market Forecast to 2030 - Regional Analysis - by Type (Scale Inhibitor, Corrosion Inhibitor, Biocide, and Others) and End Use (Power; Steel, Mining, and Metallurgy; Petrochemicals, Oil, and Gas; Food and Beverages; Textile; and Others)
The Asia Pacific cooling water treatment chemicals market was valued at US$ 5,006.06 million in 2022 and is expected to reach US$ 8,199.46 million by 2030; it is estimated to register a CAGR of 6.4... もっと見る
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SummaryThe Asia Pacific cooling water treatment chemicals market was valued at US$ 5,006.06 million in 2022 and is expected to reach US$ 8,199.46 million by 2030; it is estimated to register a CAGR of 6.4% from 2022 to 2030.Growing Emphasis on Water Recycling and Reuse Boosts Asia Pacific Cooling Water Treatment Chemicals Market 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 globally 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. Asia Pacific Cooling Water Treatment Chemicals Market Overview Countries such as Australia, China, India, Japan, South Korea, Singapore, Taiwan, and Indonesia have diverse manufacturing sectors, including steel, mining and metallurgy, petrochemicals, oil & gas, food & beverages, and textile industries. Asia Pacific is the largest consumer of cooling water treatment chemicals, and the region is projected to witness the highest CAGR during the forecast period. Many small- and large-scale manufacturing companies have presence in India, China, and Japan. China accounted for the largest market for cooling water treatment chemicals, which can be attributed to the vast power industry in the country. The manufacturing sector in Asia Pacific is rapidly adopting innovative accelerators such as advanced technologies and processes. Over the past few years, manufacturing spending has grown significantly in the region. Government initiatives and policies such as Make-in-India encourage the setup of different manufacturing plants in India. Such developments in the manufacturing sector are favoring the cooling water treatment chemicals market growth in India. Moreover, new initiatives such as “Factories of the Future” and novel business models are subsequently boosting the demand growth for cooling water treatment chemicals in Asia Pacific. Asia Pacific Cooling Water Treatment Chemicals Market Revenue and Forecast to 2030 (US$ Million) Asia Pacific Cooling Water Treatment Chemicals Market Segmentation The Asia Pacific cooling water treatment chemicals market is categorized into type, end use, and country. Based on type, the Asia Pacific cooling water treatment chemicals market is segmented into scale inhibitor, corrosion inhibitor, biocide, and others. The scale inhibitor segment held the largest market share in 2022. In terms of end use, the Asia Pacific cooling water treatment chemicals market is segmented into power; steel, mining, and metallurgy; petrochemicals, oil, and gas; food and beverages; textile; and others. The power segment held the largest market share in 2022. By country, the Asia Pacific cooling water treatment chemicals market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific cooling water treatment chemicals market share in 2022. Albemarle Corp, Buckman Laboratories lnternational Inc, Chemtex Speciality Ltd, Ecolab Inc, Kemira Oyj, Kurita Water Industries Ltd, and Veolia Water Solutions & Technologies SA are some of the leading companies operating in the Asia Pacific cooling water treatment chemicals market. Table of ContentsTABLE OF CONTENTS1. Introduction 1.1 The Insight Partners Research Report Guidance 1.2 Market Segmentation 2. Executive Summary 2.1 Key Insights 2.2 Market Attractiveness 3. Research Methodology 3.1 Coverage 3.2 Secondary Research 3.3 Primary Research 4. Asia Pacific Cooling Water Treatment Chemicals Market Landscape 4.1 Overview 4.2 Porter's Five Forces Analysis 4.3 Ecosystem Analysis 4.3.1 List of Vendors in the Value Chain 5. Asia Pacific Cooling Water Treatment Chemicals Market – Key Market Dynamics 5.1 Asia Pacific Cooling Water Treatment Chemicals Market – Key Market Dynamics 5.2 Market Drivers 5.2.1 Growing Demand from Power Industry 5.2.2 Growing Emphasis on Water Recycling and Reuse 5.3 Market Restraints 5.3.1 Surging Preference for Chlorine Alternatives 5.4 Market Opportunities 5.4.1 Increasing Popularity of Zero Liquid Discharge 5.5 Future Trends 5.5.1 Shifting Focus Toward Green Chemicals 5.6 Impact of Drivers and Restraints: 6. Cooling Water Treatment Chemicals Market – Asia Pacific Analysis 6.1 Asia Pacific Cooling Water Treatment Chemicals Market Revenue (US$ Million), 2022–2030 6.2 Asia Pacific Cooling Water Treatment Chemicals Market Forecast Analysis 7. Asia Pacific Cooling Water Treatment Chemicals Market Analysis – by Type 7.1 Scale Inhibitor 7.1.1 Overview 7.1.2 Scale Inhibitor: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million) 7.2 Corrosion Inhibitor 7.2.1 Overview 7.2.2 Corrosion Inhibitor: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million) 7.3 Biocide 7.3.1 Overview 7.3.2 Biocide: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million) 7.4 Others 7.4.1 Overview 7.4.2 Others: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million) 8. Asia Pacific Cooling Water Treatment Chemicals Market Analysis – by End Use 8.1 Power 8.1.1 Overview 8.1.2 Power: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million) 8.2 Steel, Mining, and Metallurgy 8.2.1 Overview 8.2.2 Steel, Mining, and Metallurgy: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million) 8.3 Petrochemicals, Oil, and Gas 8.3.1 Overview 8.3.2 Petrochemicals, Oil, and Gas: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million) 8.4 Food and Beverages 8.4.1 Overview 8.4.2 Food and Beverages: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million) 8.5 Textile 8.5.1 Overview 8.5.2 Textile: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million) 8.6 Others 8.6.1 Overview 8.6.2 Others: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million) 9. Asia Pacific Cooling Water Treatment Chemicals Market – Country Analysis 9.1 Asia Pacific Cooling Water Treatment Chemicals Market Overview 9.1.1 Asia Pacific Cooling Water Treatment Chemicals Market – Revenue and Forecast Analysis – by Country 9.1.1.1 Asia Pacific: Cooling Water Treatment Chemicals Market – Revenue and Forecast Analysis – by Country 9.1.1.2 Australia: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million) 9.1.1.2.1 Australia: Cooling Water Treatment Chemicals Market Breakdown, by Type 9.1.1.2.2 Australia: Cooling Water Treatment Chemicals Market Breakdown, by End Use 9.1.1.3 China: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million) 9.1.1.3.1 China: Cooling Water Treatment Chemicals Market Breakdown, by Type 9.1.1.3.2 China: Cooling Water Treatment Chemicals Market Breakdown, by End Use 9.1.1.4 India: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million) 9.1.1.4.1 India: Cooling Water Treatment Chemicals Market Breakdown, by Type 9.1.1.4.2 India: Cooling Water Treatment Chemicals Market Breakdown, by End Use 9.1.1.5 Japan: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million) 9.1.1.5.1 Japan: Cooling Water Treatment Chemicals Market Breakdown, by Type 9.1.1.5.2 Japan: Cooling Water Treatment Chemicals Market Breakdown, by End Use 9.1.1.6 South Korea: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million) 9.1.1.6.1 South Korea: Cooling Water Treatment Chemicals Market Breakdown, by Type 9.1.1.6.2 South Korea: Cooling Water Treatment Chemicals Market Breakdown, by End Use 9.1.1.7 Rest of Asia Pacific: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million) 9.1.1.7.1 Rest of Asia Pacific: Cooling Water Treatment Chemicals Market Breakdown, by Type 9.1.1.7.2 Rest of Asia Pacific: Cooling Water Treatment Chemicals Market Breakdown, by End Use 10. Competitive Landscape 10.1 Heat Map Analysis by Key Players 10.2 Company Positioning & Concentration 11. Industry Landscape 11.1 Overview 11.2 Market Initiative 11.3 Product Launch 12. Company Profiles 12.1 Chemtex Speciality Ltd 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 Kurita Water Industries Ltd 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 Kemira Oyj 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 Ecolab 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 Buckman Laboratories lnternational 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 Albemarle Corp 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 13. Appendix 13.1 About The Insight Partners
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