India Boiler Water Treatment Chemicals Market to Grow with a CAGR of 3.84% through 2029
Growth in research and development activities is expected to drive the India
Boiler Water Treatment Chemicals Market growth in the forecast period, 2025-2029.
According to TechSci Research report, “India Boiler
Water Treatment Chemicals Market- By Region, Competition,
Forecast and Opportunities, 2019-2029”, the India Boiler Water Treatment Chemicals Market
stood at USD 243.65 million in 2023 and is anticipated to grow with a CAGR of 3.84%
in the forecast period, 2024-2029. Initiatives taken by government based on boiler
water treatment chemicals has led to favorable market conditions for the India
Boiler Water Treatment Chemicals Market. Several factors contribute to the
growth of various boiler water treatment chemicals products. One such initiative is the government's strong and
continuous support for the growth and development of the textiles industry.
Recognizing the importance of this sector, the government has implemented
various policies and programs to encourage its expansion. By providing
financial incentives, infrastructure development, and technical assistance, the
government aims to foster a thriving ecosystem for textile manufacturers and
businesses.
Boilers, which are extensively used in the textiles
industry for crucial processes like dyeing and drying, play a vital role in
ensuring efficient production. However, the proper maintenance and operation of
boilers require the use of specialized chemicals known as boiler water
treatment chemicals (BWTCs). These chemicals help in maintaining the
performance and longevity of boilers by preventing issues like corrosion, scale
formation, and microbial growth. By promoting the growth of the textiles
industry, the government indirectly drives the demand for BWTCs. The increased
production and expansion of textile factories lead to a higher requirement for
efficient and reliable boiler systems. Consequently, this creates a significant
market for BWTCs, benefiting both the manufacturers of these chemicals and the
overall economy. Moreover, the government's focus on public health and
environmental sustainability has further boosted the rise of flocculants and
coagulants in the BWTC market. These chemicals, which are used in the treatment
of boiler water, help in removing impurities and ensuring that the water used
in boilers is safe and compliant with environmental standards. By enforcing
strict regulations and standards related to clean water use, the government has
created a demand for effective water treatment solutions, driving the growth of
flocculants and coagulants in the BWTC market.
Browse over XX market data Figures spread
through XX Pages and an in-depth TOC on "India Boiler Water Treatment Chemicals Market”
Research and development (R&D) initiatives play a
vital role in the Boiler Water Treatment Chemicals (BWTC) market. These
initiatives are crucial drivers that contribute to the development of novel and
highly effective chemical formulations. These formulations aim to enhance
boiler efficiency and longevity by providing better protection against
corrosion, scale, and other detrimental factors.
The innovative solutions resulting from these R&D
efforts not only safeguard boilers but also ensure compliance with stringent
government regulations regarding boiler maintenance and wastewater discharge.
By constantly pushing the boundaries of technology and chemistry, the BWTC
industry strives to deliver cutting-edge solutions that meet the evolving needs
of the market.
Through continuous research, experimentation, and
collaboration, the BWTC sector aims to address the challenges faced by boiler
operators and offer sustainable solutions that optimize performance, reduce
downtime, and minimize environmental impact. By investing in R&D, the
industry seeks to stay at the forefront of innovation and provide reliable and
efficient solutions for boiler water treatment.
The India Boiler Water Treatment Chemicals Market is
segmented into type, end user, regional distribution, and company.
Based on its type, the corrosion inhibitors segment held
the largest market share in the forecast period. In addition to their
effectiveness, corrosion inhibitors are further favored in the Indian market
due to the stringent regulations imposed by the government regarding boiler
safety and maintenance. These regulations mandate regular inspection and
maintenance of boilers to ensure optimal performance and safety. As a result,
the use of corrosion inhibitors has become a common practice in the industry,
providing an added layer of protection against corrosion and enhancing the
longevity of boiler systems.
Based on region, West India segment is expected to
grow during the forecast period.
The stringent regulations imposed by state pollution
control boards in West India aim to ensure the reduction of environmental
impact caused by boiler operations. These regulations mandate not only regular
maintenance but also effective water treatment practices. By adhering to this
regulatory framework, businesses are able to minimize their ecological
footprint and contribute to a more sustainable future. As a result, the demand
for Boiler Water Treatment Chemicals (BWTCs) has significantly increased in the
region.
Major companies operating in India Boiler Water
Treatment Chemicals Market are:
- Nalco Water India Limited
- Thermax Limited
- Ion Exchange (India) Limited
- Initiative Chemicals Pvt. Ltd.
- GE Water & Process Technology (India)
Download Free Sample Report
Customers can also request for 10%
free customization on this report
“Growing application of boiler water treatment chemicals
in various end user industries are key drivers of the boiler water treatment chemicals
market. Growth in competitive landscape and presence of well-established companies
in the market who are dedicated to enhance their productivity of boiler water treatment
chemicals with every passing year are anticipated to register an impressive
grow to India Boiler Water Treatment Chemicals Market in the forecast period.,”
said Mr. Karan Chechi, Research Director with TechSci Research, a
research-based management consulting firm.
“India Boiler Water Treatment Chemicals Market By Type (Corrosion Inhibitors, Scale Inhibitors, Oxygen
Scavengers, Others), By End
User (Power, Oil & Gas, Chemical &
Petrochemical, Food & Beverage, Pulp & Paper), By Region, By Competition Forecast & Opportunities, 2019-2029”, has evaluated
the future growth potential of India Boiler Water Treatment Chemicals Market
and provides statistics & information on market size, structure, and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in India Boiler Water Treatment Chemicals Market.
Contact
TechSci Research LLC
420 Lexington Avenue, Suite 300,
New York, United States- 10170
Tel:
+13322586602
Email:
[email protected]
Website:
www.techsciresearch.com