Scale Inhibitors Market Size Estimation, Current Industry Status, Growth Opportunities, Top Key Players, Target Audience and Forecast to 2023

04/set/2019 11:19:08 Market Research Future Contatta l'autore

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Market Overview:

The Scale Inhibitors Market is anticipated to garner a CAGR of 4.68% during the forecast period (2018-2023), Market Research Future (MRFR) unveils in a detailed report. Scale Inhibitors are generally referred to as chemicals, which are extensively used in the chemical treatment of water treatment or fluid systems and helps to prevent the accumulation of unwanted formulations on the walls of such systems. Scale Inhibitors have found huge applications in the water treatment and oil & gas sectors.

Competitive Dashboard:

The Players Operating in the Global Scale Inhibitors Market include DowDuPont (U.S.), Kemira Oyj (Finland), Solenis (U.S.), BASF SE (Germany), Ecolab (U.S.), American Water Chemicals, Inc. (U.S.), Arkema SA (France), Clariant (Switzerland), BWA Water Additives (U.S.), and SUEZ (France).

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Market Potential and Pitfalls:

Scale Inhibitors are in high demand for water treatment applications, which is considered the primary growth stimulant for the market globally. Scale Inhibitors are also high in demand from the oil & gas industry, which is further likely to encourage the market’s growth. The thriving oil and gas industry make extensive use of Scale Inhibitors. The pipelines that are required for the transportation of oil and gas from rigs to refineries must be of premium quality so that spillage of crude oil is prevented. Formation of scale in these pipelines tend to weaken the pipes, due to which fissures and cracks develop on the surface. Scale Inhibitors are thus used to maintain the quality of these pipes. Such factors are likely to steer the market growth in the coming years.

The fastest growth in the market is anticipated to come from the water and wastewater treatment industries, in terms of value. This is likely to expand in the coming years. Also, new product innovations and expansions have dominated the strategies, which have been adopted by the players of scale inhibitors. Moreover, major market players are highly investing in emerging countries to enhance their position in the global market through new product launches and capacity expansion. Such factors are estimated to trigger the demand from the Scale Inhibitors Market across the globe.

On the contrary, volatility in the prices and dearth of availability of raw materials are expected to slow down the growth of the Scale Inhibitors Market in the foreseeable future.

Scale Inhibitors Market: Segmental Analysis

The Scale Inhibitors Market has been segregated based on Type and Application.

By Type, the Scale Inhibitors Market is segmented into sulfonates, phosphonates, carboxylates/acrylates, and others. Of these, the phosphonates segment is likely to acquire a larger share in the global market and is likely to boast a CAGR of 4.29% due to the extensive demand for scale inhibitors from the end use industries.

By Application, the Scale Inhibitors Market is segmented into mining, oil & gas, power, petrochemicals, paper mills, and others. Of these, the power segment is likely to register a CAGR of 4.6% over the assessment period owing to the surging investments in the sector. The increased demand for treated water can result in market growth in the power segment.

Regional Frontiers:

Geographically, the Scale Inhibitors Market spans across Europe, North America, Asia Pacific, Latin America, and the Middle East & Africa.

Considering the global scenario, the Asia Pacific is likely to register a CAGR of 5.38% during the appraisal period, backed by the mounting demand for water treatment by the governments of surrounding rivers. Increased awareness regarding water and wastewater treatment, coupled with the rapid urbanization in China and India are primary growth stimulants for the region. The Namami Gange Programme, for instance, is a vital example which needs antiscalants in order to meet the rising demand for potable water. In this region, China is predicted to contribute the maximum to Scale Inhibitors due to the growth in crude oil production.

Europe bags the second spot in the market due to the soaring demand from wastewater treatment and power sectors. North America is likely to register strong growth opportunities in the global market due to shale gas exploration activities in the region.

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