Industrial anti-scaling chemicals: Key market research findings
- Reduction in maintenance costs drives market growth
- The oil, gas, and mining segment accounts for a majority of the market’s revenue
- Key vendors – Kemira, BWA Water Additives, Dow, and Clariant
Technavio’s market research analysts predict the global industrial anti-scaling chemicals market to grow at a CAGR of more than 4% between 2016 and 2020. The market’s growth is augmented by the reduction in maintenance costs. Anti-scaling chemicals play an important role in extending run times, reducing frequency of cleaning, and enhancing the life of the filtration or reverse osmosis (RO) systems. Due to the substantial cost savings associated with anti-scaling chemicals as opposed to descaling, end-use industries that strive for cost reduction and enhanced profitability are expected to focus more on these products. During 2015, Central and South America, Middle East, and Africa dominated the global industrial anti-scaling chemicals market by accounting for around 30% of the overall market space. The presence of end-use industries that are focusing on increasing the market penetration in this region and the resultant consumption of these chemicals will propel growth in the industrial anti-scaling chemicals market in Central and South America, Middle East, and Africa during the forecast period.
The new market research report from Technavio presents a breakdown and analysis of the industrial anti-scaling chemicals segments based on the end-use.
“There is increasing focus on the biodegradability of anti-scaling chemicals. Biodegradable products have low environmental impact and are in substantial demand in developed markets. Stringent environmental regulations in these regions have also encouraged the successful introduction of biodegradable products. Vendors in the market are developing biodegradable products in order to cater to this rise in demand,” says Abhay Sinha, Lead Analyst, New Coverage, Technavio Research.
The oil, gas, and mining segment accounted for around 31% of the overall revenue to become the dominant shareholder in the global market. High-performance anti-scaling chemicals are indispensable to the oil, gas, and mining industries as these products will be subject to extreme levels of temperature and pressure. Furthermore, anti-scaling chemicals for these industries must have a high tolerance for hard water as well as various modes of action. The growth in oil production and supply is expected to contribute to the growth of this segment during the forecast period.
The key players in the market include Kemira, BWA Water Additives, Dow, and Clariant. Owing to the presence of only a handful of global players, the level of competition is moderate in the global industrial anti-scaling chemicals market. While most vendors are manufacturers of chemicals, the rest are companies that offer holistic water treatment solutions. In addition, the majority of vendors focus on deploying synthetic polymer technology for the production of anti-scaling chemicals. However, a few vendors in the market also offer products that are bio-based and derived from renewable sources. The competitive environment in this market is expected to intensify with an increase in product/service extensions, technological innovations, and M&As.
A more detailed analysis is available in the Technavio report, Global Industrial Anti-Scaling Chemicals Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
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