Middle East & Africa Cooling Water Treatment Chemicals Market Forecast to 2030 - Regional Analysis - by Type (Scale Inhibitor, Corrosion Inhibitor, Biocide, and Others) and End Use (Power; Steel, Mining, and Metallurgy; Petrochemicals, Oil, and Gas; Food

Middle East & Africa Cooling Water Treatment Chemicals Market Forecast to 2030 - Regional Analysis - by Type (Scale Inhibitor, Corrosion Inhibitor, Biocide, and Others) and End Use (Power; Steel, Mining, and Metallurgy; Petrochemicals, Oil, and Gas; Food and Beverages; Textile; and Others)

The Middle East & Africa cooling water treatment chemicals market was valued at US$ 474.86 million in 2022 and is expected to reach US$ 731.58 million by 2030; it is estimated to register a CAGR of 5.6% from 2022 to 2030.

Shifting Focus Toward Green Chemicals Bolsters Middle East & Africa Cooling Water Treatment Chemicals Market

The chemicals used in various industries for water treatment harm the environment to a great extent and lead to severe health hazards among people exposed to them. Industries are seeking ways to improve their operations and make them eco-friendly. Rising awareness about global warming and other environmental issues has forced several industries to shift their focus toward safer options. This has encouraged manufacturers of water treatment chemicals to innovate and develop more sustainable and reliable products. Green chemicals are extracted from vegetables and renewable feedstock, and they make use of the chemical and colloidal properties of certain plant extracts. They don't exhibit harmful side effects on humans and are biodegradable. Green chemicals have functionality that is equivalent to synthetic ones. Thus, manufacturers providing water treatment chemicals are expanding their product lines with these green chemicals.

Middle East & Africa Cooling Water Treatment Chemicals Market Overview

South Africa, Saudi Arabia, and the UAE are the major countries in the Middle East & Africa. Several domestic and international companies have a strong foothold in the Middle East & Africa. The UAE is a major market for cooling water treatment chemicals in this region, followed by Saudi Arabia. Effective manufacturing and trade policies largely contribute to the flourishing of the industrial sector in the region, which eventually supports the growth of the cooling water treatment chemicals market. Rapid industrialization, increasing population, and changing climatic conditions, along with the growing water scarcity problems, have triggered the necessity to reuse wastewater in the Middle East. The growing preference for saline water treatment to cater to the increasing demand for water in industries is further anticipated to drive the market for cooling water treatment chemicals in the Middle East during the forecast period.

Cooling water treatment chemicals play a key role in industries such as power, petrochemicals, oil & gas, and food & beverages. Strict government regulations regulating the treatment of industrial and municipal wastewater trigger the demand for cooling water treatment chemicals in the Middle East & Africa. Groundwater reduction and contamination are among the major concerns faced by governments of Middle Eastern countries. As a result, they have enforced restrictions and limitations on the use of groundwater. Industrial plant setup costs are dropping in the region because governments are providing incentives to build wastewater treatment plants as a part of efforts to discourage the utilization of groundwater. Emerging technologies such as advanced oxidation processes (AOPs), membrane filtration, and UV irradiation are being used on a large scale for treating industrial water in the Middle East. Therefore, the rising installation of water treatment systems in the Middle East & Africa is propelling the demand for cooling water treatment chemicals.

Middle East & Africa Cooling Water Treatment Chemicals Market Revenue and Forecast to 2030 (US$ Million)

Middle East & Africa Cooling Water Treatment Chemicals Market Segmentation

The Middle East & Africa cooling water treatment chemicals market is categorized into type, end use, and country.

Based on type, the Middle East & Africa cooling water treatment chemicals market is segmented into scale inhibitor, corrosion inhibitor, biocide, and others. The scale inhibitor segment held the largest market share in 2022.

In terms of end use, the Middle East & Africa cooling water treatment chemicals market is segmented into power; steel, mining, and metallurgy; petrochemicals, oil, and gas; food and beverages; textile; and others. The power segment held the largest market share in 2022.

By country, the Middle East & Africa cooling water treatment chemicals market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the Middle East & Africa cooling water treatment chemicals market share in 2022.

Albemarle Corp, Buckman Laboratories lnternational Inc, Ecolab Inc, Kemira Oyj, Kurita Water Industries Ltd, and Veolia Water Solutions & Technologies SA are some of the leading companies operating in the Middle East & Africa cooling water treatment chemicals market.

Reasons to Buy

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa cooling water treatment chemicals market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa cooling water treatment chemicals market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the Middle East & Africa cooling water treatment chemicals market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.