Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global High Purity Wet Chemicals Market by Type (Radiant Heater, Convection Heater, Radiant-Convection Heater), By Application (Petrochemical, Mining, Construction, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global High Purity Wet Chemicals Market by Type (Radiant Heater, Convection Heater, Radiant-Convection Heater), By Application (Petrochemical, Mining, Construction, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 334096 4200 Chemical & Material 377 168 Pages 4.8 (36)
                                          

Market Overview:


The global high purity wet chemicals market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for high purity wet chemicals from various end-use industries, such as petrochemical, mining, construction, and others. In addition, the growing demand for clean energy is also contributing to the growth of this market. On the basis of type, the global high purity wet chemicals market can be segmented into radiant heater, convection heater, and radiant-convection heater. Radiant heaters are witnessing a higher demand due to their ability to provide uniform heating across a large area. On the basis of application, the global high purity wet chemicals market can be segmented into petrochemical industry; mining industry; construction industry; and others including food & beverage processing and pharmaceuticals manufacturing).


Global High Purity Wet Chemicals Industry Outlook


Product Definition:


A wet chemical is a liquid or gas that reacts with another chemical to create a new substance. Wet chemicals are important for many industrial and laboratory processes, including water treatment, metal refining and pharmaceutical manufacturing. In order to ensure the quality of the final product, it is important to use high purity wet chemicals.


Radiant Heater:


Radiant heaters are used to raise the temperature of a liquid or gaseous mixture. They may be employed for heating, cooling, distillation and evaporation processes. The heat generated by these devices is entirely from within the system itself; there is no external source of energy involved in its operation. It can be defined as an electromagnetic device that produces infrared radiation or convective effect for warming up objects without any direct contact with heat source.


Convection Heater:


Convection heaters are used to increase the temperature of a high purity wet chemical mixture. The convection process is carried out by hot air which is blown into the vessel through an opening in order to warm up the liquid and bring its temperature up to 100°C. This heating process helps in increasing the overall reaction rate and also avoids any type of contamination due to direct contact with heat source.


Application Insights:


Petrochemical emerged as the dominant application segment in 2017 and accounted for a revenue share of over 60%. The product is used to produce high purity chemicals, which are further utilized in various end-use industries including pharmaceuticals, paints & coatings, plastics and adhesives.


High purity wet chemicals have numerous applications across the petrochemical sector such as catalysts, reagents and other laboratory equipment. They are also used to manufacture specialty polymers that find extensive usage in construction materials; automotive parts; electronics components; medical devices & implants; food processing equipment among others. Petrochemical manufacturers require large quantities of high purity products on a regular basis owing to their constant requirement for production expansion or refurbishment activities at their existing facilities. This has resulted in an increased demand from major petrochemical companies operating globally such as BASF SE.; Bayer Material Sciences AG.; Dow Chemical Company LLC.


Regional Analysis:


Asia Pacific emerged as the largest regional market in 2017 and accounted for over 40% of the global revenue share. The region is anticipated to witness significant growth on account of increasing investments in various industries including petrochemicals, mining, construction, and others. Increasing demand for high purity wet chemicals from these end-use sectors is expected to drive product demand over the forecast period.


The growing manufacturing sector across emerging economies such as China and India coupled with government initiatives towards economic development are likely to have a positive impact on industry growth. Furthermore, rapid urbanization along with rising population has resulted in an increased requirement for housing projects which will further propel product consumption over the next eight years.


Europe was estimated at USD X million in 2017 owing to stringent regulations regarding waste management coupled with environmental pollution caused by industrial activities within manufacturing facilities involved in production of high purity wet chemicals such as ethylene oxide (EO).


Growth Factors:


  • Increasing demand for high purity chemicals in various end-use industries such as pharmaceuticals, semiconductors, and others
  • Growing awareness about the benefits of using high purity chemicals over conventional ones
  • Proliferation of nanotechnology and its increasing adoption in various end-use industries
  • Rising investments by leading players in R&D to develop new and innovative products
  • Growing demand from emerging economies due to the burgeoning industrial sector

Scope Of The Report

Report Attributes

Report Details

Report Title

High Purity Wet Chemicals Market Research Report

By Type

Radiant Heater, Convection Heater, Radiant-Convection Heater

By Application

Petrochemical, Mining, Construction, Others

By Companies

Boustead International Heaters, GC Broach, Sigma Thermal, Thermax, Process Combustion Corporation (PCC), Gasco, Zeeco, Unit Birwelco, Babcock Wanson, Lummus Technology, Exotherm Corporation, Ness, Scelerin Heaters LLC, Babcock Power

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

168

Number of Tables & Figures

118

Customization Available

Yes, the report can be customized as per your need.


Global High Purity Wet Chemicals Market Report Segments:

The global High Purity Wet Chemicals market is segmented on the basis of:

Types

Radiant Heater, Convection Heater, Radiant-Convection Heater

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Petrochemical, Mining, Construction, Others

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Boustead International Heaters
  2. GC Broach
  3. Sigma Thermal
  4. Thermax
  5. Process Combustion Corporation (PCC)
  6. Gasco
  7. Zeeco
  8. Unit Birwelco
  9. Babcock Wanson
  10. Lummus Technology
  11. Exotherm Corporation
  12. Ness
  13. Scelerin Heaters LLC
  14. Babcock Power

Global High Purity Wet Chemicals Market Overview


Highlights of The High Purity Wet Chemicals Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Radiant Heater
    2. Convection Heater
    3. Radiant-Convection Heater
  1. By Application:

    1. Petrochemical
    2. Mining
    3. Construction
    4. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the High Purity Wet Chemicals Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

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  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
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Global High Purity Wet Chemicals Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


High Purity Wet Chemicals are chemicals that have been purified to the highest degree possible. This means that all impurities have been removed, leaving only the purest form of the chemical.

Some of the major companies in the high purity wet chemicals market are Boustead International Heaters, GC Broach, Sigma Thermal, Thermax, Process Combustion Corporation (PCC), Gasco, Zeeco, Unit Birwelco, Babcock Wanson, Lummus Technology, Exotherm Corporation, Ness, Scelerin Heaters LLC, Babcock Power.

The high purity wet chemicals market is expected to register a CAGR of 5.5%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Purity Wet Chemicals Market Overview    4.1 Introduction       4.1.1 Market Taxonomy       4.1.2 Market Definition       4.1.3 Macro-Economic Factors Impacting the Market Growth    4.2 High Purity Wet Chemicals Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 High Purity Wet Chemicals Market - Supply Chain Analysis       4.3.1 List of Key Suppliers       4.3.2 List of Key Distributors       4.3.3 List of Key Consumers    4.4 Key Forces Shaping the High Purity Wet Chemicals Market       4.4.1 Bargaining Power of Suppliers       4.4.2 Bargaining Power of Buyers       4.4.3 Threat of Substitution       4.4.4 Threat of New Entrants       4.4.5 Competitive Rivalry    4.5 Global High Purity Wet Chemicals Market Size & Forecast, 2020-2028       4.5.1 High Purity Wet Chemicals Market Size and Y-o-Y Growth       4.5.2 High Purity Wet Chemicals Market Absolute $ Opportunity

Chapter 5 Global  Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2  Market Size Forecast by Type
      5.2.1 Radiant Heater
      5.2.2 Convection Heater
      5.2.3 Radiant-Convection Heater
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global  Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2  Market Size Forecast by Applications
      6.2.1 Petrochemical
      6.2.2 Mining
      6.2.3 Construction
      6.2.4 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global High Purity Wet Chemicals Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 High Purity Wet Chemicals Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America  Analysis and Forecast
   9.1 Introduction
   9.2 North America  Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America  Market Size Forecast by Type
      9.6.1 Radiant Heater
      9.6.2 Convection Heater
      9.6.3 Radiant-Convection Heater
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America  Market Size Forecast by Applications
      9.10.1 Petrochemical
      9.10.2 Mining
      9.10.3 Construction
      9.10.4 Others
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe  Analysis and Forecast
   10.1 Introduction
   10.2 Europe  Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe  Market Size Forecast by Type
      10.6.1 Radiant Heater
      10.6.2 Convection Heater
      10.6.3 Radiant-Convection Heater
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe  Market Size Forecast by Applications
      10.10.1 Petrochemical
      10.10.2 Mining
      10.10.3 Construction
      10.10.4 Others
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific  Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific  Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific  Market Size Forecast by Type
      11.6.1 Radiant Heater
      11.6.2 Convection Heater
      11.6.3 Radiant-Convection Heater
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific  Market Size Forecast by Applications
      11.10.1 Petrochemical
      11.10.2 Mining
      11.10.3 Construction
      11.10.4 Others
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America  Analysis and Forecast
   12.1 Introduction
   12.2 Latin America  Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America  Market Size Forecast by Type
      12.6.1 Radiant Heater
      12.6.2 Convection Heater
      12.6.3 Radiant-Convection Heater
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America  Market Size Forecast by Applications
      12.10.1 Petrochemical
      12.10.2 Mining
      12.10.3 Construction
      12.10.4 Others
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA)  Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA)  Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA)  Market Size Forecast by Type
      13.6.1 Radiant Heater
      13.6.2 Convection Heater
      13.6.3 Radiant-Convection Heater
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA)  Market Size Forecast by Applications
      13.10.1 Petrochemical
      13.10.2 Mining
      13.10.3 Construction
      13.10.4 Others
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 High Purity Wet Chemicals Market: Competitive Dashboard
   14.2 Global High Purity Wet Chemicals Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Boustead International Heaters
      14.3.2 GC Broach
      14.3.3 Sigma Thermal
      14.3.4 Thermax
      14.3.5 Process Combustion Corporation (PCC)
      14.3.6 Gasco
      14.3.7 Zeeco
      14.3.8 Unit Birwelco
      14.3.9 Babcock Wanson
      14.3.10 Lummus Technology
      14.3.11 Exotherm Corporation
      14.3.12 Ness
      14.3.13 Scelerin Heaters LLC
      14.3.14 Babcock Power

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