China Water Treatment Chemicals Market Latest Trends, Demand and Foreast:2022-2031

The market for water treatment chemicals in China is expected to grow at a CAGR of above 7% during the forecast period. Increasing demand from power industry is a major driving factor for the market studied. However, stringent standards for wastewater treatment is restraining the demand for water treatment chemicals in the country.

– Some of the other driving factors of the market include reduced freshwater content from saltwater Intrusion and adverse Climatic Conditions.
– Increasing demand for wastewater treatment from renewable energy solutions (biosolids and biogas) is likely to offer a major growth opportunity for the market studied in the coming years.

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– Among the end-user industries, power industry accounts for the major market share and is expected to maintain its position during the forecast period.

Key Market Trends

Corrosion & Scale Inhibitors to Dominate the market

– Corrosion inhibitors are general purpose chemicals, applied to deal with corrosion caused in boilers. Corrosion occurs due to the reaction of oxygen with metallic parts in a boiler to form oxides. Corrosion affects the metallic part of the boiler, thereby increasing the cost of energy and maintenance. They act by forming a thin layer of barrier over the exposed parts of the boiler from the water.
– When untreated water is used in the boiler, it brings with it several soluble salts. These remain soluble in cold water. However, with the rise in temperature inside the boiler, the salts become insoluble. Carbonates and bicarbonates are formed from calcium and magnesium chemicals that are dissolved in water. This residue matter gets deposited in the boiler surface and forms a hard coating, which is known as scale. The problem with the scales is that they block efficient heat transfer, create localized heating, increase power consumption and maintenance expense, and occasional boiler failure.
– In China, Corrosion & scale inhibitors are used mostly in power plants, textile mills, paper mills and sugar mills. There has been a consistent growth for water treatment chemicals from these application areas in the recent years and the demand is expected to grow further more during the forecast period.
– Hence, owing to the above-mentioned factors, corrosion & scale inhibitors are likely to dominate the market during the forecast period.

Power Industry to Dominate the Market

– Power industry is one of the biggest consumers of water in China. Water in the electric power generation industry is utilized in many ways, which include steam production for spinning turbines, humidifying air flow into gas-turbines, inter-cooling air in gas-turbine plants, plant maintenance, including blow-down, and hydraulic ash disposal, acting as a heat transfer medium in some nuclear plants, and condenser cooling in steam plants.

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– The electric power generation industry is one of the key sources of industrial wastewater. The wastewater from this industry contains significant levels of toxic metal impurities, such as lead, mercury, arsenic, chromium and cadmium, among others. These impurities can cause significant damage to the environment, if not treated properly. Therefore, the electric power generation industry highly utilizes the services of water treatment chemicals.
– According to the China Electric Council (CEC), plans are being made to increase the number of new coal power plants by the range of 300-500 by 2030. This growth is likely to boost the consumption of water treatment chemicals by the power industry in China.
– Hence, owing to the above-mentioned factors, the power industry is likely to dominate the market studied during the forecast period.

Competitive Landscape

The China water treatment chemicals market is moderately fragmented, with the presence of both regional and global players. Key players in the market studied include Ecolab, Kemira, Kurita Water Industries Ltd., Solenis, and Suez, among others.

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