Lucintel's latest market report analyzed that cooling water treatment chemical provides attractive opportunities in the power, petrochemical, food and beverage, and textile end use industries. The cooling water treatment chemical market is expected to reach $11.5 billion by 2028 with a CAGR of 5.5%. In this market, scale inhibitors is the largest segment by product, whereas power industry is largest by end use industry.
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Based on product, the cooling water treatment chemical market is segmented into corrosion inhibitor, scale inhibitor, and biocide. The scale inhibitors segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, as they help in preventing scale formation and internal corrosion of equipment.
Browse in-depth TOC on “Cooling Water Treatment Chemical Market”
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The Cooling Water Treatment Chemical Market is marked by the presence of several big and small players. Some of the prominent players offering cooling water treatment chemical include Suez, Kemira, Solenis, DuPont.
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