Boiler Water Treatment Market to Grow at 3.13% CAGR to 2020

PUNE, India, November 17, 2016 /PRNewswire/ --

2016 global boiler water treatment market research says one of latest trends in the market is volatility in textile industry. The textile industry has been impacted by the volatility of raw material prices and rising wages. The countries that were earlier considered as upcoming centers of textile manufacturing are facing economic slowdown. The companies in this industry have fierce competition, which is also stressed by the e-commerce activities. Earlier, the companies were impacted by the volatility in cotton and wool prices. To overcome the situation, companies started using manmade materials.

Complete report on boiler water treatment market spread across 55 pages, analysing 5 major companies and providing 24 data exhibits now available at http://www.reportsnreports.com/reports/749319-global-boiler-water-treatment-market-2016-2020.html .

This analyst forecast the global boiler water treatment market to grow at a CAGR of 3.13% during the period 2016-2020. According to the boiler water treatment market report, one of the primary drivers in the market is rise in electricity demand. Rise in industrialization, standard of living, and population has led countries to register a higher demand for energy. Several countries around the world are still dependent on coal-fired power generation owing to its capability of providing uninterrupted power supply, and this is likely drive the global power boiler market. Countries in APAC and Africa are expected to increase the number of power plant installations to meet the growing electricity demand. The replacement of old and inefficient power boilers with new innovative boilers will also boost the sales of boilers.

The use of diagnostic tools for preventive maintenance of boilers will be one of the major trends that will gain traction in the boiler feed water treatment market in the coming years. To predict and identify possible areas of corrosion, scaling, and other faults on a regular basis, several industries have started adopting predictive maintenance technologies such as infrared thermography, ultrasonic noise detection, non-destructive thickness testing, and visual inspection.

APAC will be the major revenue contributor to the boiler water treatment market throughout the predicted period. This mainly attributes to the increasing demand for electricity and the rise in focus of several countries in the region towards infrastructure development. Moreover, the expansion of existing refineries in the refining and petrochemicals industry will also drive the growth of the boiler water treatment market in this region. Analysts predict that countries such as China, India, Australia, South Korea, Taiwan, Singapore, and Japan will account for the major market shares.

The following companies are the key players in the global boiler water treatment market: ChemTreat, GE Power, Lenntech, Nalco, and Veolia Water Technologies. Other prominent vendors in the market are: AkzoNobel, B&V Group (SUEZ), BASF, Chem-Aqua, Clarity Water Technologies, Dew Speciality Chemical, Garratt-Callahan, and Kurita Water Industries. Order a copy of Global Boiler Water Treatment Market 2016-2020 report @ http://www.reportsnreports.com/purchase.aspx?name=749319.

Global Boiler Water Treatment Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the present scenario and the growth prospects of the global boiler water treatment market for 2016-2020. To calculate the market size, the report enlists certain key estimates that we have considered for arriving at the market trends and certain exclusions that helped demarcate the market contours.

Another related report is Global Packaged Wastewater Treatment Market 2016-2020, the water crisis globally has increased the importance of treating wastewater for reuse, and has driven the demand for wastewater treatment technologies. A packaged wastewater treatment allows the efficient utilization of discarded water released from industries and municipal use. The treated water can be re-used for agriculture and other purposes, reducing the stress on ground water. Browse complete report @ http://www.reportsnreports.com/reports/514463-global-packaged-wastewater-treatment-market-2016-2020.html.

Explore other new reports on Water Market @ http://www.reportsnreports.com/market-research/water/.

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