Asia Pacific Cooling Water Treatment Chemicals Market Forecast to 2030

At 6.4% CAGR, Asia Pacific Cooling Water Treatment Chemicals Market is Speculated to be worth US$ 8,199.46 million by 2030, says the Research Team

According to the Research Team’ research, the Asia Pacific cooling water treatment chemicals market was valued at US$ 5,006.06 million in 2022 and is projected to reach US$ 8,199.46 million by 2030, registering a CAGR of 6.4% from 2022 to 2030. Growing demand from power industry and growing emphasis on water recycling and reuse are among the critical factors attributed to drive the Asia Pacific cooling water treatment chemicals market growth.

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.

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

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 34.2% market share in 2022, amassing US$ 1,712.39 million. It is projected to garner US$ 2,755.82 million by 2030 to register 6.1% CAGR during 2022-2030.

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 33.2% share of Asia Pacific cooling water treatment chemicals market in 2022, amassing US$ 1,659.60 million. It is anticipated to garner US$ 2,593.94 million by 2030 to expand at 5.7% CAGR during 2022-2030.

Based on country, the Asia Pacific cooling water treatment chemicals market is categorized into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. Our regional analysis states that China captured 43.2% share of Asia Pacific cooling water treatment chemicals market in 2022. It was assessed at US$ 2,164.48 million in 2022 and is likely to hit US$ 3,596.32 million by 2030, registering a CAGR of 6.6% during 2022-2030.

Key players operating in the Asia Pacific cooling water treatment chemicals market are Albemarle Corp, Buckman Laboratories lnternational Inc, Chemtex Speciality Ltd, Ecolab Inc, Kemira Oyj, Kurita Water Industries Ltd, and Veolia Water Solutions & Technologies SA, among others.

In June 2021, Kemira expanded its water treatment chemicals production capacity in Yanzhou, China, to meet growing demand in the Asia-Pacific region. The company is building a new sodium hypochlorite production unit, set to start commercial production in January 2022. This disinfectant is crucial in pulp and paper industry water treatment processes and municipal water treatment. Kemira is also finalizing the pre-engineering phase for an investment in increasing the production of polyaluminum chloride (PAC), a coagulant used in raw water and wastewater treatment processes. Both units will use industrial side streams and recycled by-products as key raw materials.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific 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 Asia Pacific 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 Asia Pacific market trends and outlook coupled with the factors driving the Asia Pacific 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. 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 the Reporting Teams

LIST OF TABLES

Table 1. Asia Pacific Cooling Water Treatment Chemicals Market Segmentation
Table 2. List of Vendors
Table 3. Asia Pacific Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million)
Table 4. Asia Pacific Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million) – by Type
Table 5. Asia Pacific Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030 (US$ Million) – by End Use
Table 6. Asia Pacific: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030(US$ Million) – by Country
Table 7. Australia: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 8. Australia: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030(US$ Million) – by End Use
Table 9. China: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 10. China: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030(US$ Million) – by End Use
Table 11. India: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 12. India: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030(US$ Million) – by End Use
Table 13. Japan: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 14. Japan: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030(US$ Million) – by End Use
Table 15. South Korea: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 16. South Korea: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030(US$ Million) – by End Use
Table 17. Rest of Asia Pacific: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030(US$ Million) – by Type
Table 18. Rest of Asia Pacific: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030(US$ Million) – by End Use
Table 19. Heat Map Analysis by Key Players

LIST OF FIGURES

Figure 1. Asia Pacific 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. Asia Pacific Cooling Water Treatment Chemicals Market Revenue (US$ Million), 2022–2030
Figure 6. Asia Pacific 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. Asia Pacific 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. Asia Pacific: Cooling Water Treatment Chemicals Market, By Key Country – Revenue (2022) (US$ Million)
Figure 19. Asia Pacific Cooling Water Treatment Chemicals Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 20. Australia: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030(US$ Million)
Figure 21. China: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030(US$ Million)
Figure 22. India: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030(US$ Million)
Figure 23. Japan: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030(US$ Million)
Figure 24. South Korea: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030(US$ Million)
Figure 25. Rest of Asia Pacific: Cooling Water Treatment Chemicals Market – Revenue and Forecast to 2030(US$ Million)
Figure 26. Company Positioning & Concentration