Scale Inhibitors Market Research Report: Forecast to 2023
The global scale inhibitors market, during the forecast period 2018 to 2023, will register growth at a CAGR of 4.5%. The market for scale inhibitors is set to reach US$3,195.0 million by 2023. As per scale inhibitors market analysts, the global market is anticipated to witness growth owing to the factors such as strong demand in water & wastewater treatment as well as strong government support. However, the scale inhibitors market will face challenges and restraints due to lower awareness level in emerging countries and volatile oil prices during the forecast period 2018 to 2023.
Heightened demand for potable water in the scale inhibitors market is set to play a key role in determining the growth potential during 2018 to 2023years. Analysts have also studied the scale inhibitors market to understand potential threats and challenges the scale inhibitors market companies could face. Although the scale inhibitors market is poised to grow at a fast pace across type and applications segments, factors such as the lower knowledge level about scale inhibitors could slow down the scale inhibitors market's growth worldwide.
The global market has been segmented into type and applications. Based on the segment which is type, the market is categorized on the basis of carboxylate/acrylate, phosphonates, sulfonates, and others. The global market for scale inhibitors is further segmented based on applications into mining, oil & gas, paper mills, petrochemicals, power, and others.
The global scale inhibitors market research report covers all the aspects of the market based on the segmental analysis of these type and applications segments. Analysts have also studied the global scale inhibitors market's regional markets spread across many continents and countries. The type and applications segments along with their sub-segments have been analyzed and companies functioning in the scale inhibitors industry across these segments are profiled and analyzed based on input and feedback from scale inhibitors market based decision makers as well as primary and secondary sources. The scale inhibitors market research report presents analysis based information for companies functioning in the scale inhibitors market.
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Lower awareness level and volatile oil prices may hinder the scale inhibitors market growth. The market research report suggests that companies in the scale inhibitors industry could be supported by the rising urbanization rate in developing markets as well as soaring demand for scale inhibitors in core sectors during the forecast period. The market is set to register growth at a high CAGR owing to these key factors. The market for scale inhibitors is spread across North America, Europe, Asia-Pacific, and other parts of the world. The global scale inhibitors market research report reveals that APAC, North America, and Europe regional scale inhibitors markets will dominate the global market for scale inhibitors during the forecast period 2018 to 2023. As per scale inhibitors market analysts, the market is set to witness tremendous growth across phosphonates and power segments in North America which covers scale inhibitors markets across the United States, Canada, Mexico and several other regional markets. Companies active in the scale inhibitors market are also analyzed and studied in the scale inhibitors market research report.
The scale inhibitors market for Europe covers smaller market segments of Germany, Italy, France, and the United Kingdom. Additionally, the scale inhibitors market research report covers the Asia-Pacific region covering scale inhibitors markets from India, China, Japan, Australia, and others. The scale inhibitors market is also spread across the rest of the world. The scale inhibitors market report covers all such regions including the Middle East, Africa, Brazil, and others.
Scale inhibitors have seen increased demand over the years, due to the Middle East’s vast oil reserves and high number of extensive oil and gas activities. Companies functioning in the global scale inhibitors market are also being challenged due to unstable or volatile oil prices and benefits in various end-use industries. Mergers and acquisitions by scale inhibitors market companies are anticipated to help the market during the forecast period 2018 to 2023. As the scale inhibitors market is set to register a high CAGR of 4.5% and is also anticipated to reach a US$3,195.0 million by 2023, the report highlights key areas companies need to focus on. The report suggests that the scale inhibitors market will see a healthy growth in the long run till 2023. Based on SWOT analysis and scale inhibitors market’s analysis based on Porters’ Five Force Model presented in the scale inhibitors market report. Mergers and acquisitions by scale inhibitors market companies are anticipated to help the market during the forecast period 2018 to 2023.
SUEZ Environment S.A., a French utility provider, has agreed to purchase General Electric Corporation's water and process management business from Caisse de depot et placement du Quebec, a Canadian investment firm. The transaction is estimated to be worth USD3.44 billion and will be completed by mid-2017. Following the merger, both the purchasing corporation and the purchased entity will share ownership of the acquired entity, with SUEZ controlling 70% of the assets and CDPQ owning the remaining 30%. SUEZ is expected to become the world's third largest water treatment company as a result of this purchase.