Global Antiscalants/ Scale inhibitors market is valued approximately USD 2.71 Billion in 2018 and is anticipated to grow with a growth rate of more than 4.69% over the forecast period 2019-2026. Scale inhibitors are chemical or mechanical treatment injected in fluid flow systems in aiming to prevent the aggregation and precipitation of slightly insoluble compound formation on the walls of the system. It is compiled with a technology purposely that is designed for reducing the rate of scale formation to boost the oil, gas and water production industry. It is also aiming to improve the heat transfer and the carry capacity of the fluid distribution system. The rising demand for antiscalants from the energy and water treatment industry is driving the growth of market over the forecast years. For instance: According to the International Wastewater association, in Aqaba, wastewater flow rate is projected to 61,000 m3 /day by 2030 thereby tenders to expand treatment capacity is executed of about 70,000 m3 /day. Also, in Bangkok over 12,000 m3/day wastewater treatment capacity is initiated by 2030. Also, as per International energy agency (IEA), globally the demand of oil is growing with an average of 1.2 mb/d and reach to 104.7 mb/d till 2023 from 6.9 mb/d in 2018. Also, China and India together will contribute of about 50% oil demand. Hence, the water and energy industry coupled with advent application of antiscalants propel the growth of market. Whereas, Ecotoxicity and handling effects of antiscalants along with fluctuations in cost and use due to the unstable oil & gas industry are the factors restraining the growth of market over the forecast years. However, development of highly nanostructured, biodegradables and efficient antiscalants are the lucrative opportunity for the growth of market over the upcoming years.
The regional analysis of global Antiscalants/ Scale inhibitors market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific accounts for the largest share in the global antiscalant/scale inhibitor market due to the growing adoption of antiscalant in the water treatment application. Similarly, Asia Pacific is the fastest growing region in the global antiscalants/ scale inhibitors market owing to the need for water treatment in surrounding rivers, rapid urbanization and rising awareness regarding wastewater treatment in countries like China and India.
Market player included in this report are:
General Electric Co.
The DOW Chemicalco.
BWA Water Additives
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Power & construction
Oil & gas
Water & wastewater treatment
Food & Beverages
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026
Target Audience of the Global Antiscalants/ Scale inhibitors Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers