North America Cooling Water Treatment Chemicals Market Forecast to 2030

North America Cooling Water Treatment Chemicals Market Forecast to 2030

North America 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)

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Description

The North America cooling water treatment chemicals market was valued at US$ 2,978.97 million in 2022 and is expected to reach US$ 4,684.58 million by 2030; it is estimated to register a CAGR of 5.8% from 2022 to 2030.

Growing Demand from Power Industry Fuels North America Cooling Water Treatment Chemicals Market

The power industry is growing rapidly with population growth and urbanization. According to the world energy outlook 2022, global electricity demand electricity demand rises by 25-30% to 2030. Also, electrification across major end-use industries is expected to double the electricity demand by 2050. Increasing investment by various private companies and governments in the building and maintenance of energy infrastructure is also bolstering this industry. The power industry, including thermal and atomic plants, requires water in huge quantities. These industries frequently use seawater or lake water for cooling the heat exchange equipment. The water is reused several times and returned to its source. ~99% of the water retrieved from the source is returned, and less than 1% of the water is squandered in dissipation. Cooling water treatment chemicals are widely used in this industry to lower the dependency on freshwater resources. These chemicals are gaining attention, especially in open-recirculating, closed-loop, and once-through cooling frameworks, as they boost the heat transfer efficiency in heat-exchange equipment. The growing number of atomic energy plants across the world, combined with efforts being made to maintain existing plants, would further boost the use of cooling water treatment chemicals in the coming years.

North America Cooling Water Treatment Chemicals Market Overview

The cooling water treatment market in North America is segmented into the US, Canada, and Mexico. Several domestic and international enterprises have a strong foothold in North American countries. The US is a major market for cooling water treatment chemicals, followed by Canada and Mexico, respectively. The major factors driving the cooling water treatment market in North America include the stringent regulatory requirements to control wastewater disposal from industrial sources and the growing demand for these chemicals from the power industry. Clean water is an essential component for electricity generation. The rapidly growing population and urbanization, coupled with changing lifestyles, have triggered the per capita power consumption. This has driven the proliferation of the power generation industries, in turn, propelling the demand for cooling water treatment chemicals in this industry, in efforts to reuse water. Further, tighter restrictions monitoring the quality of treated wastewater would support the market growth in the region in the coming years. Major companies in the cooling water treatment chemicals market in North America include Accepta Ltd, Albemarle Corp, and Buckman Laboratories lnternational Inc.

North America Cooling Water Treatment Chemicals Market Revenue and Forecast to 2030 (US$ Billion)

North America Cooling Water Treatment Chemicals Market Segmentation

The North America cooling water treatment chemicals market is categorized into type, end use, and country.

Based on type, the North America 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 North America 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 North America cooling water treatment chemicals market is segmented into the US, Canada, and Mexico. The US dominated the North America cooling water treatment chemicals market share in 2022.

Albemarle Corp, Buckman Laboratories lnternational Inc, ChemTreat Inc, DuBois Chemicals Inc, Ecolab Inc, Kemira Oyj, Kurita Water Industries Ltd, and Veolia Water Solutions & Technologies SA are some of the leading companies operating in the North America cooling water treatment chemicals market.

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At 5.8% CAGR, North America Cooling Water Treatment Chemicals Market is Speculated to be worth US$ 4,684.58 million by 2030, says the Research Team

According to the Research Team’ research, the North America cooling water treatment chemicals market was valued at US$ 2,978.97 million in 2022 and is projected to reach US$ 4,684.58 million by 2030, registering a CAGR of 5.8% from 2022 to 2030. Growing demand from power industry and shifting focus toward green chemicals are among the critical factors attributed to drive the North America cooling water treatment chemicals market growth.

The chemicals used in various industries for water treatment harm the environment to a great extent and lead to severe health hazards among people exposed to them. Industries are seeking ways to improve their operations and make them eco-friendly. Rising awareness about global warming and other environmental issues has forced several industries to shift their focus toward safer options. This has encouraged manufacturers of water treatment chemicals to innovate and develop more sustainable and reliable products. Green chemicals are extracted from vegetables and renewable feedstock, and they make use of the chemical and colloidal properties of certain plant extracts. They don’t exhibit harmful side effects on humans and are biodegradable. Green chemicals have functionality that is equivalent to synthetic ones. Thus, manufacturers providing water treatment chemicals are expanding their product lines with these green chemicals.

On the contrary, surging preference for chlorine alternatives hampers the growth of North America cooling water treatment chemicals market.

Based on type, the North America cooling water treatment chemicals market is segmented into scale inhibitor, corrosion inhibitor, biocide, and others. The scale inhibitor segment held 35.0% market share in 2022, amassing US$ 1,041.50 million. It is projected to garner US$ 1,607.75 million by 2030 to register 5.6% CAGR during 2022–2030.

In terms of end use, the North America 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 32.3% share of North America cooling water treatment chemicals market in 2022, amassing US$ 962.70 million. It is anticipated to garner US$ 1,460.95 million by 2030 to expand at 5.4% CAGR during 2022–2030.

Based on country, the North America cooling water treatment chemicals market is categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 79.1% share of North America cooling water treatment chemicals market in 2022. It was assessed at US$ 2,354.93 million in 2022 and is likely to hit US$ 3,708.04 million by 2030, registering a CAGR of 5.8% during 2022–2030.

Key players operating in the North America cooling water treatment chemicals market are Albemarle Corp, Buckman Laboratories lnternational Inc, ChemTreat Inc, DuBois Chemicals Inc, Ecolab Inc, Kemira Oyj, Kurita Water Industries Ltd, and Veolia Water Solutions & Technologies SA, among others.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America cooling water treatment chemicals market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the North America cooling water treatment chemicals market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth North America market trends and outlook coupled with the factors driving the North America cooling water treatment chemicals market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
TABLE OF CONTENTS

1. Introduction
1.1 The the Reporting Teams 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. North America 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. North America Cooling Water Treatment Chemicals Market – Key Market Dynamics
5.1 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 – North America Market Analysis
6.1 North America Cooling Water Treatment Chemicals Market Revenue (US$ Million), 2022–2030
6.2 North America Cooling Water Treatment Chemicals Market Forecast Analysis
7. North America 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. North America 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. North America Cooling Water Treatment Chemicals Market – Country Analysis
9.1 North America Cooling Water Treatment Chemicals Market Overview
9.1.1 North America Cooling Water Treatment Chemicals Market – Revenue and Forecast Analysis – by Country
9.1.1.1 North America Cooling Water Treatment Chemicals Market – Revenue and Forecast Analysis – by Country
9.1.1.2 United States: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.2.1 United States: Cooling Water Treatment Chemicals Market Breakdown, by Type
9.1.1.2.2 United States: Cooling Water Treatment Chemicals Market Breakdown, by End Use
9.1.1.3 Canada: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.3.1 Canada: Cooling Water Treatment Chemicals Market Breakdown, by Type
9.1.1.3.2 Canada: Cooling Water Treatment Chemicals Market Breakdown, by End Use
9.1.1.4 Mexico: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.4.1 Mexico: Cooling Water Treatment Chemicals Market Breakdown, by Type
9.1.1.4.2 Mexico: 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 ChemTreat Inc
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 DuBois Chemicals Inc
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 Kurita Water Industries Ltd
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 Kemira Oyj
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 Ecolab 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 Buckman Laboratories lnternational Inc
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 Albemarle Corp
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
12.8 Veolia Water Solutions & Technologies SA
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix
13.1 About The the Reporting Teams

LIST OF TABLES

Table 1. North America Cooling Water Treatment Chemicals Market Segmentation
Table 2. List of Vendors
Table 3. North America Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million)
Table 4. North America Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million) – by Type
Table 5. North America Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million) – by End Use
Table 6. North America Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030(US$ Million) – by Country
Table 7. United States: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 8. United States: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030(US$ Million) – by End Use
Table 9. Canada: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 10. Canada: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030(US$ Million) – by End Use
Table 11. Mexico: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 12. Mexico: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030(US$ Million) – by End Use
Table 13. Heat Map Analysis by Key Players

LIST OF FIGURES

Figure 1. North America Cooling Water Treatment Chemicals Market Segmentation, by Country
Figure 2. Cooling Water Treatment Chemicals Market – Porter’s Analysis
Figure 3. Ecosystem: Cooling Water Treatment Chemicals Market
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. North America Cooling Water Treatment Chemicals Market Revenue (US$ Million), 2022–2030
Figure 6. North America Cooling Water Treatment Chemicals Market Share (%) – by Type (2022 and 2030)
Figure 7. Scale Inhibitor: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million)
Figure 8. Corrosion Inhibitor: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million)
Figure 9. Biocide: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million)
Figure 10. Others: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million)
Figure 11. North America Cooling Water Treatment Chemicals Market Share (%) – by End Use (2022 and 2030)
Figure 12. Power: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million)
Figure 13. Steel, Mining, and Metallurgy: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million)
Figure 14. Petrochemicals, Oil, and Gas: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million)
Figure 15. Food and Beverages: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million)
Figure 16. Textile: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million)
Figure 17. Others: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million)
Figure 18. North America Cooling Water Treatment Chemicals Market, By Key Country – Revenue (2022) (US$ Million)
Figure 19. North America Cooling Water Treatment Chemicals Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 20. United States: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030(US$ Million)
Figure 21. Canada: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030(US$ Million)
Figure 22. Mexico: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030(US$ Million)
Figure 23. Company Positioning & Concentration

The List of Companies – North America Cooling Water Treatment Chemicals Market

1. Albemarle Corp
2. Buckman Laboratories lnternational Inc
3. ChemTreat Inc
4. DuBois Chemicals Inc
5. Ecolab Inc
6. Kemira Oyj
7. Kurita Water Industries Ltd
8. Veolia Water Solutions & Technologies SA

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