DELRAY BEACH, Fla.,
Sept. 13, 2024 /PRNewswire/ -- The
report "Antiscalants Market by Type,
Application (Power & Construction, Oil & Gas, Mining,
Municipal Water Treatment & Desalination, Food & Beverage,
Chemical & Pharmaceutical, Pulp & Paper), Process Type,
& Region - Global Forecast to 2029", size is projected to
grow from USD 4.5 billion in 2024 to
USD 5.9 billion by 2029, registering
a CAGR of 5.4% during the forecast period.
The antiscalants market is experiencing significant growth due
to increasing demand from various major economies for different
applications such as power & construction, oil & gas,
mining, municipal water treatment & desalination, food &
beverage, chemical & pharmaceutical, pulp & paper and other
applications as well. Stricter environmental regulations and the
need for sustainable practices are driving industries to adopt
advanced technologies such as squeeze treatment, extended-release
scale inhibitor technology and other technologies as well.
Additionally, the rapid expansion of oil & gas industries,
which require antiscalants in various applications, is further
propelling the market.
Browse in-depth TOC on "Antiscalants Market"
256 – Tables
60 – Figures
281 –
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Sulfonates type is expected to have highest CAGR in terms of
value & volume during the forecast period.
Sulfonates type antiscalants is expected to have highest CAGR of
5.6% and 4.0% in terms of value & volume during the forecast
period. Sulfonates work on the principal mechanism of distorting
the crystal structure and threshold effects. They contain minimal
acidity values, enabling them to function in lower pH ranges.
Sulfonate antiscalants effectively disperse calcium sulfate,
silica, and iron deposits, thus safeguarding equipment from damage
and maintaining optimal system performance. Sulfonate-based
products are mainly used as copolymers. Polyvinyl sulfonate is
resistant to inorganic scales, particularly barium sulphate scale
inhibition. Due to their calcium tolerance and high thermal
stability, sulfonate-based scale inhibitors are mainly used in the
oil & gas sector for downhole chemical injection and squeeze
operation.
Power & construction application is anticipated to have
the second largest market share in terms of value, during the
forecast period.
Power & construction is estimated to have second largest
market share in application segment in terms of value, one of the
common problems related to the power industry is mineral scaling.
Suspended matter and dissolved solids present in the water used for
various processes, are primarily responsible. Due to the low
solubility of compounds during heat extraction from geothermal
fluid, the insoluble minerals are deposited as scales. Antiscalants
work effectively to control scale formations, which are unwanted
since they could contain calcium sulfate, calcium phosphates, metal
silicates, and calcium carbonate. The ability of antiscalants to
prevent the formation of mineral scales is a crucial application
area in the power and construction industries, as this scaling
process can seriously influence equipment efficiency and lifetime.
In power plants, antiscalants are critical in preventing scale
buildup in evaporator cooling systems, boilers, and heat
exchangers.
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Middle East &
Africa is expected to be the
second fastest-growing region in the global antiscalants market
both in terms of value & volume, by region, during the forecast
period.
The Middle East &
Africa region is experiencing
growth in the antiscalants market. The Middle East & Africa has emerged as a region offering
significant opportunities for major global players to establish
their manufacturing facilities owing to its strategic location
between Asia Pacific and
Europe. The power &
construction application in the region is highly active and
influence the growth of the antiscalants market. Also, Desalination
has become part of the significant infrastructure in the
Middle East, providing a crucial
source of fresh water to a region where the climate is arid and,
therefore, plagued by low water availability and high evaporation
rates. Antiscalants have been beneficial for converting the sea
water into purified water.
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Key Players
To enable an in-depth understanding of the competitive
landscape, the report includes the profiles of some of the top
players in the antiscalants market. These are Dow (US), BASF SE
(Germany), Ecolab (US), Solenis
(US), Kemira (Finland), Kurita
Water Industries Ltd. (Japan),
Syensqo (Belgium), Clariant
(Switzerland), Veolia (France), Italmatch Chemicals S.p.A
(Italy). And others.
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