Global Antiscalants Scale Inhibitors Market

Antiscalants Scale Inhibitors Market Size, Share, Growth Analysis, By Type(Carboxylate, Sulfonate, Phosphonates, Fluorids), By Method(Threshold Inhibition, Crystal Modification, Dispersion, and Others), By End User(Pulp & Paper, Mining, Oil & Gas, Water & wastewater Treatment), By Region - Industry Forecast 2024-2031


Report ID: SQMIG15E2506 | Region: Global | Published Date: April, 2024
Pages: 215 | Tables: 97 | Figures: 72

Antiscalants Scale Inhibitors Market Insights

Global Antiscalants Scale Inhibitors Market size was valued at USD 3.5 billion in 2022, USD 3.66 million in 2023 and is projected to grow USD 5.05 billion by 2030, growing at a CAGR of 4.7% in the forecast period (2022-2030).

Antiscalants prevent the precipitation and development of mineral salt crystals, which are responsible for the creation of scale in industrial water systems like cooling towers and boilers. Antiscalants are frequently employed in manufacturing operations or other industrial settings where water is used as a coolant. Usually, they are mixed into the water prior to it entering the system. Antiscalants work by reducing scale buildup, which enhances system performance, lowers maintenance costs, and prolongs equipment life. It's possible that not all scales and deposits can be removed by antiscalants. Certain antiscalants might not work well in high-temperature situations or against specific kinds of organic deposits.

The need for energy is rising in tandem with the world population. Global output of liquid fuels was projected to increase by an average of 1.6 million barrels per day in 2023 and 2024, after averaging approximately 100 million barrels per day in 2022. To maximize production and prolong the life of wells, the oil and gas sector is resorting more and more to methods like water flooding, which entails pumping water into the reservoir to raise pressure and force more oil or gas to the surface. The possibility of scaling can also be increased by this process, hence antiscalants are necessary to keep up production.

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Antiscalants Scale Inhibitors Market size was valued at USD 3.5 billion in 2022, USD 3.66 million in 2023 and is projected to grow USD 5.05 billion by 2030, growing at a CAGR of 4.7% in the forecast period (2022-2030).

Some multinational companies, including Clariant AG (Switzerland), Kemira Oyj (Finland), General Electric Co. (U.S.), The Dow Chemicals (U.S.), BWA Water Additives (U.K.), and Solvay SA (Belgium), dominate the antiscalant market. These firms' strong market positions in the antiscalant industry can be attributed to a variety of factors, including a diverse product portfolio, strategically positioned R&D centres, ongoing adoption of development techniques, and technological breakthroughs. To increase their current market shares, the corporations have been implementing a variety of organic and inorganic growth tactics, including mergers and acquisitions, expansions, and the introduction of new products. 'General Electric (US)', 'Henkel AG & Co. (Germany)', 'Solvay SA (Belgium)', 'Avista Technologies (US)', 'Akzo Nobel (Netherlands)', 'Clariant AG (Switzerland)', 'Ashland (US)', 'BASF SE (Germany)', 'Kemira Oyj (Finland)', 'Kemira Chemicals Inc. (Finland)', 'Halliburton Company (US)', 'BWA Water Additives (UK)', 'Dow Chemicals (US)', 'H2O Innovations Inc. (Canada)', 'Solenis (US)', 'Lenntech B.V. (Netherlands)'

The market for antiscalants scale inhibitors is significantly driven by the quickening pace of urbanisation and industrialization. Effective scale inhibitors are in greater demand as sectors including water treatment, oil and gas, and power generation continue to expand. The requirement for effective scale prevention solutions in water treatment processes is further exacerbated by urbanisation, which is also associated with increased water consumption and wastewater creation.

Expansion in Emerging Markets: Large investments in infrastructure development, industrialization, and urbanization are being made in emerging economies in regions including Asia-Pacific, Latin America, and the Middle East and Africa. The market for antiscalants and scale inhibitors is expanding in these areas due to this and rising knowledge of water treatment, offering profitable prospects for industry participants.

Asia-Pacific had a significant portion of the antiscalants market in 2022 and is predicted to continue to do so throughout the forecast period. Antiscalant demand is predicted to expand at the fastest rate in the Asia-Pacific area due to the region's growing population, which raises the need for water treatment solutions to guarantee clean and safe drinking water. Furthermore, several Asia-Pacific nations, including as China, India, and Indonesia, are rapidly industrializing, which is increasing demand for antiscalants across a range of sectors, including mining, oil and gas, and power generation. Throughout the projection period, it is expected that all these variables will present new growth prospects for antiscalants in Asia-Pacific.

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Global Antiscalants Scale Inhibitors Market

Report ID: SQMIG15E2506

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