China’s Antiscalants Market to be Driven by the Rising Product Use in the Petroleum and Gas Industry in the Forecast Period of 2021-2026
The new report by Expert Market Research titled, ‘China Antiscalants Market Size, Share, Price, Trends, Growth, Report and Forecast 2021-2026’, gives an in-depth analysis of the antiscalants market in China, assessing the market based on its segments like product types and applications. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.
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The key highlights of the report include:
Market Overview (2016-2026)
• Forecast CAGR (2021-2026): 7%
In recent years, the China antiscalants market has benefited from increased demand for anti-scaling agents from a variety of industries, including water treatment, energy, and biomass. In the fields of saltwater treatment and industrial wastewater treatment, the growing number of private owners is expected to boost competition. In the coming years, the power sector will see an increase in revenue. The phosphonates segment will account for a major part of the market during the forecast period, since it is commonly utilised in water treatment formulations that include corrosion and scale inhibitors, as well as iron sequestrants.
Industry Definition and Major Segments
Antiscalants are compounds that are added to feed water before it is used. The chemical regulates scale formation by delaying the time reaction between bicarbonate and calcium magnesium.
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The Chinese Antiscalants market can be broadly categorised based on segments like product types and applications.
• Product Types:
o Carboxylates
o Phosphonates
o Sulfonates
o Fluorides
o Others
• Applications:
o Coal Gasification
o Power
o Chemical
Market Trends
Rapid urbanisation and industrialization have increased the demand for energy and cost-effective clean water supply solutions. Antiscalants are a cost-effective solution for wastewater treatment and coal gasification plants, which will drive product demand even higher.Over the forecast period, investment in the development of new water treatment products and technology, such as sequencing batch reactors and oxidation ditches, will remain a critical factor for market growth. The increasing use of phosphonate-based products in scaling and membrane systems in recent years has had a positive impact on the wastewater treatment market's growth.
Key Market Players
The major players in the market are Henan Yuguan Chemical Technology Co., Ltd., Kemira, ZaozhungKerui Chemicals Co., Ltd, BASF SE, Shangdong OUWEI Lake New Material Co. Ltd., Nalco Water (Ecolab Inc.) and Avista Technologies (NYSE: AVA). The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
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