South & Central America 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; Fo

South & Central America 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 South & Central America cooling water treatment chemicals market was valued at US$ 740.52 million in 2022 and is expected to reach US$ 1,079.09 million by 2030; it is estimated to register a CAGR of 4.8% from 2022 to 2030.

Increasing Popularity of Zero Liquid Discharge Fuels South & Central America Cooling Water Treatment Chemicals Market

The power, oil & gas, chemicals, petrochemicals, and mining industries produce enormous volumes of wastewater. Generally, these wastewaters are released through a plant outfall into a surface water body, a dissipation lake, or a deep well injected. Environmental concerns due to such releases have catalyzed advancements in zero liquid discharge (ZLD) processes. ZLD is a treatment process in which all wastewater is purged and reused, thereby leaving zero release toward the end of the treatment cycle. This wastewater treatment technique incorporates ultrafiltration, switch assimilation, vanishing/crystallization, and fragmentary electrode ionization. It focuses on the economic reduction of wastewater volumes, along with producing clean water that is suitable for reuse.

ZLD systems generally comprise brackish water concentrators and crystallizers that use thermal evaporation to transform the saline solution into highly refined water. Apart from evaporator/crystallizer systems, ZLD systems may be enabled by promising advancements such as electrodialysis/electrodialysis reversal (ED/EDR), forward osmosis (FO), and membrane distillation (MD). These components are utilized in various combinations to bring down the expense and raise the productivity of the ZLD framework. In addition to the abovementioned techniques, other procedures associated with ZLD include softening, reverse osmosis, drying, and clarification. These procedures require different water treatment chemicals to enhance the productivity of the entire process. The growing concerns among populations about the effects of environmental releases of industrial waste, and stringent guidelines by administrations on water protection and wastewater management have added to the popularity of zero liquid discharge among different businesses, eventually boosting the cooling water treatment chemicals market growth.

South & Central America Cooling Water Treatment Chemicals Market Overview

The cooling water treatment chemicals market in South & Central America is segmented into Brazil, Argentina, and the Rest of South and Central America. Technological and industrial developments in the region support the economic growth of countries such as Brazil and Argentina. The changing economic conditions in South and Central America, development of new manufacturing facilities, and government measures for encouraging industrial production are the major factors providing huge developing potential for the cooling water treatment chemicals market players in South and Central America. Power, steel, mining and metallurgy, petrochemicals, oil & gas, food & beverages, and textile industries are among the major consumers of cooling water treatment chemicals in this region. Many international businesses find it simple to enter into the Brazilian manufacturing market owing to robust government and financial support. Thus, the ongoing development of the manufacturing sector and government support for increasing industrial production are expected to favor the cooling water treatment chemicals market growth in South & Central America in the coming years.

South & Central America Cooling Water Treatment Chemicals Market Revenue and Forecast to 2030 (US$ Million)

South & Central America Cooling Water Treatment Chemicals Market Segmentation

The South & Central America cooling water treatment chemicals market is categorized into type, end use, and country.

Based on type, the South & Central America 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 South & Central America 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 South & Central America cooling water treatment chemicals market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America cooling water treatment chemicals market share in 2022.

Albemarle Corp, Buckman Laboratories lnternational Inc, ChemTreat Inc, DuBois Chemicals Inc, Ecolab Inc, Kemira Oyj, Kurita Water Industries Ltd, and Veolia Water Solutions & Technologies SA are some of the leading companies operating in the South & Central America 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 South & Central America 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 South & Central America 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 South & Central America market trends and outlook coupled with the factors driving the South & Central America 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.