Global Cooling Tower Chemicals Market Introduction
Cooling tower chemicals are used to treat cooling towers and prevent scaling, corrosion and algae growth. These chemicals are used for scale inhibition, oxygen scavenging and corrosion inhibition and they are also used as biocides. Chemicals such as sulphite, DEHA, carbohydrazide and tannin are used as oxygen scavengers and some of the conventional scale inhibitors include polymaleic anhydrides, acrylates, polyacrylates, sulfonates, and organo-phosphonates.
In recent years, di-carboxylic acid, amine-based monomer, and tri-carboxylic acid are being used for this purpose. The selection of cooling tower chemicals is done on the basis of process parameters such as operating temperature, pressure, water source, process water content, and many others.
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Global Cooling Tower Chemicals Market: Regional Outlook
The global cooling tower chemicals market is anticipated to be dominated by Asia Pacific with China leading the market in terms of both production and consumption. India is also anticipated to witness sound growth in the demand for cooling tower chemicals, owing to the rapid growth in the demand for cooling towers, owing to the rise in industrial infrastructure in the country.
North America and Europe are collectively anticipated to hold a significant share in the cooling tower chemicals market and are expected to witness relatively slow growth in demand as compared to Asia Pacific. Significant investments and economic recovery in Brazil and Argentina are projected to drive the Latin America cooling tower chemicals market. The Middle East and Africa region is projected to witness moderate growth in the demand for cooling tower chemicals over the forecast period.
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Global Cooling Tower Chemicals Market: Market Participants
Some of the market participants identified across the value chain of the global cooling tower chemicals market are:
- Nalco, An Ecolab Company
- AkzoNobel N.V
- GE Corporation
- BASF SE
- Bond Water Technologies, Inc,
- Lenntech B.V.
- Wilhelmsen group company
Global Cooling Tower Chemicals Market: Segmentation
On the basis of function, the global cooling tower chemicals market has been segmented as:
- Corrosion Inhibitors
- Scale Inhibitors
- pH Control Agents
On the basis of end use industry, the global cooling tower chemicals market has been segmented as:
- Chemical & Pharmaceuticals
- Oil & Gas
- Food & Beverages
- Power Generation
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