Scale Inhibitors Market Overview
As per the Market Research Future Project, the scale inhibitors industry holds a scale inhibitors market value of USD 3286 million during the market forecast period by the end of 2030. It has also been marked that the scale inhibitors market holds a CAGR of 4.67% during the market forecast period of 2021-2030. Scale inhibitors are said to be the chemical materials that are used in the manufacturing industry for reduction or for checking the formation of scales. These scale inhibitors have been used in various industries for power generation plants, mining and construction, treatment of water and wastewater, oil and gas industry, food and beverage industry, and various environmental protection industries. The amount of scale precipitation depends on the temperature, pressure, amount of water congruity, and amount of mineral content in the water.
Scales are those precipitates that are formed on the surface of various types of machinery that continuously expose themselves to water. When the temperature increases this precipitation gets either fully or partially insoluble. The major end-user industry so marked till now is the oil and gas industry. The water so used in oil and gas industries is treated with these chemicals of scale inhibitors.
COVID 19 ANALYSIS
The outbreak of COVID led to the improvement of lockdown and shutdown. The subsequent lockdown and shutdown had a bad effect on the firms where the firms had to shut their manufacturing processes. The demand for the end-product deteriorated whereas disruption in the supply chain was marked. The government took several steps for the safety of the nationwide people amidst the rising cases of COVID. In the regions of Germany, the United States, Spain, Italy, and France, the rise in growth of scale inhibitor chemicals were dropped thus affecting the expansion of scale inhibitors market size. Due to the pandemic majority of the key players were trying to revive their operations by giving priority to the rising growth of supply chains while imposing certain measures for addressing the results of the COVID.
COMPETITIVE LANDSCAPE
As per the rise in growth in the market, the suppliers and the distributors have involved themselves seriously in both research and developmental activities. The key players involved in raising the growth have adopted various competitive strategies like merging with other competitors, acquisitions, building partnerships with the next distributors thus helping to steer up the market growth globally. The market players holding a large-scale inhibitor market share play a substantial role where they are trying to propel up their customer base by creating joint ventures with some other contenders. Kemira Oyj is the leading manufacturer who holds an extensive area where it manufactures special products including the manufacturing of calcium sulfate, calcium carbonate, barium sulfate under some conditions. Some of the key players operating in the market are
- Kemira Oyj of Finland,
- DowDuPont of the United States,
-
BASF SE of Germany,
- Solenis of the United States,
- American Water Chemicals Inc. of the United States,
- Ecolab of the United States,
- SUEZ of France,
-
Clariant of Switzerland,
- BWA Water Additives of the United States and
- Arkema SA of France.
MARKET DYNAMICS
DriversThe demand for water and wastewater treatment bolstered up the scale inhibitors market growth. This treatment has been one of the fastest and dominant reasons helping in the expansion of the business of scale inhibitors. Encouraged by support from the government, these chemicals have been extensively used in the treatment. Some of the popular government projects namely the Namami Gange projects which merged with high demand for water with the increase in urbanization in the emerging markets of India and China also steered up the scale inhibitors market share. An increase in demand for scale inhibitors in some of the sectors like mining, and oil and gas power stations contribute largely to the scale inhibitors market growth.
OpportunitiesThe oil reserves present in the Middle East region contribute to the largest oil reserves. Here the numerous activities of discovering oil and gas provide lucrative opportunities for scale inhibitors market growth. These developments enhance new opportunities for the traders and the manufacturers in the review period.
ChallengesThe hike in volatile oil prices lessens the demand for the scale inhibitors in the discovery of oil and gas manufacturing therefore it is a major challenging factor for the key players in the upcoming years.
Cumulative growthThe growth took place when the market diversified and established an ecosystem where top players took severe steps to give full priority to their efforts.
RestraintsGlobally the scale inhibitor industry has many restraining factors like the people having less knowledge about the scale inhibitors and their advantages in the end-users industry sectors mainly in the demandable countries act as a major restraint for the scale inhibitors market growth.
MARKET SEGMENTATION
By typeBased on scale inhibitors market trends, it has been found that based on type the scale inhibitors are segmented into carboxylate/acrylates, sulfonates, phosphates, and many more. The phosphonate segment occupies a large part of the market share in 2017, owing to the most dominant share and a high scale inhibitors market value where it occupies a CAGR of 4.29% increasing its demand in the end-use industries.
By technologyBy the use of advanced technology people could develop some of the research methods where one could view the result through multidimensional analysis. The key players took the help of technology and utilized the novel detection protocol for analyzing and measuring the scale inhibitors.
REGIONAL ANALYSIS
The market of Asia Pacific covers a CAGR of 5.38% in the upcoming years which owes to the need for demand for effective water treatment for rivers and the growth in using the efforts taken by the government with this respect. A rise in awareness level about the treatment and increased migration to the urban areas across India and the Chinese region steers up the scale inhibitors market size during the assessment period. The Namami Gange Programme is the best project which uses scale inhibitors to cater the growth augmentation for portable water treatment. China is said to be an attractive market due to the rise in cruise oil production and occupies a scale inhibiting market value of USD 727.5 million by the end of 2023. The Japanese region is marked to be the second most bankable market region holding a record value of CAGR 4.56% in the following years.
RECENT DEVELOPMENTS
May 2023: ScaleTek, a manufacturer of scale inhibitors, announced the acquisition of ScaleGuard, a competitor in the market. The acquisition is expected to strengthen ScaleTek's position in the market and expand its product offerings.
June 2023: ChemTreat, a provider of water treatment chemicals, announced the launch of its new scale inhibitor product, ChemTreat ScaleGuard Xtreme. The product is designed to be more effective than traditional scale inhibitors and to provide longer-lasting protection.
REPORT OVERVIEW
The report highlights the market growth where the market is classified into types, applications, and various regions. From the market outlook, you will mark the expected valuation and the market share so occupied by various key players. In the review period, you will mark the various challenging factors and the growth factors that contribute to the market growth. The market highlights the base year and the growth potentialities during the review period.
Report Attribute/Metric |
Details |
Market Size |
USD 3286 million 2030 |
CAGR |
4.67% (2021-2030) |
Base Year |
2021 |
Forecast Period |
2021-2030 |
Historical Data |
2019 & 2020 |
Forecast Units |
Value (USD Million) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
Type, Application |
Geographies Covered |
North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors |
Kemira Oyj (Finland), DowDuPont (U.S.), BASF SE (Germany), Solenis (U.S.), American Water Chemicals Inc. (U.S.), Ecolab (U.S.), Clariant (Switzerland), Arkema SA (France), SUEZ (France), BWA Water Additives (U.S.) |
Key Market Opportunities |
The Middle East’s Vast Oil Reserves to be Major Opportunities |
Key Market Drivers |
Strong Demand in Water & Wastewater Treatment to be a Key Growth Booster |
Scale Inhibitors Market Highlights:
Frequently Asked Questions (FAQ) :
The application segments comprise certain areas like petrochemicals, mining, oil and gas sectors, paper mills units, and many more. The power application units cover a growth of CAGR of 4.67% in the upcoming years where a huge amount is spent on the development. The power segment has marked that it owns a CAGR of 26.67% in the overall scale inhibitors market during the market forecast period. These power sectors and the units owe to the escalating requirement for the treatment of wastewater. The oil and gas units occupy the second-largest growth because the government is investing much more in deepwater as well as in ultra-deepwater exploration activities especially in the South China Sea along with an increase in the availability of oil reserves along with the regions of the Gulf of Mexico.
The scale inhibitors market growth in the North American region occupies a significant growth due to the large exploration activities of shale gas. The market in the United States is said to be the most advanced market throughout the market region where it should retain its contribution during the assessment period. In some of the industries of power and construction, mining industry, oil, and gas industry contribute to large advancement activities are the major factors that steer up the scale inhibitors market growth and scale inhibitors market size.
It has been found that the Middle East and African region occupies a CAGR of 5.61% during the forecast period. Concerning the rise in demand for crude oil the growth of scale, types of research pieces, types of researchGange of researchGangeinhibitors are largely used in industries where it has been used in mining sectors, power treatment, water treatment which will bolster up the market size.