Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Cooling Water Treatment Chemicals Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Expected Market Growth Rates for the Cooling Water Treatment Chemicals Market?
The market size for cooling water treatment chemicals has seen a robust increase in recent times, rising from $16.41 billion in 2024 to $17.4 billion in 2025. The compound annual growth rate (CAGR) during this period was 6.0%.
What Are the Expected Market Growth Trends for the Cooling Water Treatment Chemicals Market Through 2029?
The Cooling Water Treatment Chemicals market is projected to reach a size of $22.15 billion by 2029, expanding at a Compound Annual Growth Rate (CAGR) of 6.2%.
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What Are the Key Business Drivers in the Cooling Water Treatment Chemicals Market Landscape?
The key Drivers in the cooling water treatment chemicals market are:
• Rising demand within the power industry sector
• Need for controlling corrosion and microbiological growth in power equipment
• Requirement for efficient heat transfer in power plants
• Necessity to optimize performance and extend the lifespan of power equipment
How Is the Cooling Water Treatment Chemicals Market Divided Across Key Categories?
The cooling water treatment chemicalsmarket covered in this report is segmented –
1) By Type: Scale Inhibitors, Corrosion Inhibitors, Biocide, Other Types
2) By Application: Raw Water Treatment, Water Desalination, Cooling, Boiler, Effluent Water Treatment, Other Applications
3) By End Use: Power, Steel, Mining, And Metallurgy, Petrochemicals, Oil And Gas, Food And Beverages, Textile, Other End Uses
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What Are the Ongoing Trends in the Cooling Water Treatment Chemicals Market?
The key trends in the cooling water treatment chemicals market are:
• The development of novel products such as smart-tagged polymers is an emerging trend in the cooling water treatment chemicals market.
• These smart-tagged polymers are being created to enhance the effectiveness, sustainability, and efficiency of water treatment processes.
• New technologies are allowing for better tracking, identification, and actionable responses across various applications within the industry.
• This innovation gives better control over scale, improving system performance, decreasing maintenance costs, and providing notable environmental benefits.
Which Companies are Expanding in the Cooling Water Treatment Chemicals Industry?
The key players in the cooling water treatment chemicals market are:
• Dow Chemical Company
• Ecolab Inc.
• Arkema S.A.
• Lonza Group Ltd.
• Solenis LLC
• Kemira Oyj
• Veolia Water Technologies & Solutions
• Innospec Inc.
• Hydrite Chemical Co
• Italmatch Chemicals S.p.A.
• DuBois Chemicals Inc.
• Ixom Operations Pty Ltd.
• Chem-Aqua Inc.
• Shandong Taihe Water Treatment Co Ltd.
• Aquapharm Chemicals Pvt. Ltd.
• Kurita Water Industries Ltd.
• Guardian Chemical Specialties Inc.
• Chemtex Speciality Limited
• Accepta Ltd.
• BWA Water Additives UK Ltd.
• Zaozhuang Kerui Chemicals Co Ltd.
• Aries Chemical Inc.
• SNF Floerger
Which is the Largest Region the Global Cooling Water Treatment Chemicals Market?
Asia-Pacific was the largest region in the cooling water treatment chemicals market in 2024
