APAC Antiscalant Market

• Growing industry requirement for water treatment to support market growth

The use of antiscalant enhances process efficiency by lowering the cost and duration of cleaning and maintenance, which is predicted to boost the antiscalant market CAGR. Antiscalants are widely utilized in pipeline transportation, membrane treatment, desalination, and water refinement processes. These are also frequently employed to keep RO membrane systems free of mineral scaling issues.

The expansion of the mining sector in APAC is being driven by the rising number of new mining projects being undertaken to satisfy the region's expanding industrial demand. In Australia, work on a new coal mine started in 2019. The project received about A$800 million (US$ 554 million) in initial funding. By 2023, the project is expected to be operational. Furthermore, in an effort to reduce reliance on imports and move closer to its objective of producing one billion tonnes of coal by 2023–2034, the Indian government-owned Coal India Ltd (CIL) authorized 32 mining projects in March 2021.

Therefore, the need for antiscalants is being supported by the expansion of new mining products in APAC. Thus, driving the antiscalant market revenue.

The Global APAC Antiscalant Market Industry experiences a notable surge in demand for water treatment solutions, driven by increasing industrial activities and urbanization across the region. As industries such as oil and gas, power generation, and manufacturing expand, the need for effective water management becomes paramount. Antiscalants play a crucial role in preventing scale formation in water systems, thereby enhancing operational efficiency. In 2024, the market is projected to reach 1250 USD Million, reflecting the growing recognition of water treatment's importance in sustaining industrial processes. This trend is expected to continue, with the market potentially reaching 2750 USD Million by 2035, indicating a robust growth trajectory.

The APAC antiscalant market is growing rapidly over the forecast period as the need for water treatment technologies to provide clean and safe drinking water rises with the population of Asia-Pacific. In addition, the Asia-Pacific area is experiencing significant improvements in medicine as well as the development of massive manufacturing and healthcare facilities. Technologies that use water for manufacturing can be made more cost-effective by using antiscalants, which also help to cleanse the water and shorten maintenance times.

Additionally, the markets in South Korea, China, and India are growing their enterprises and creating new technology, which boosts their ability to produce goods. Antiscalant chemicals are required by these businesses for feed-water applications in a variety of manufacturing industries, as well as chemical and pharmaceutical manufacture.

Figure 2: APAC ANTISCALANT MARKET SHARE BY REGION 2022 (USD Billion)Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the antiscalant market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, antiscalant industry must offer cost-effective items.