The global water treatment chemicals market for geothermal power size was estimated at USD 8.84 million in 2023 and is projected to grow at a CAGR of 3.5% from 2024 to 2030. The growth of this market can be attributed to the rise in global demand for clean and renewable energy sources. According to IRENA, the global geothermal electricity capacity was 13,196 MW in 2018 and has reached 14,846 MW in the year 2023.

The growth in utilization of scale control agents can be attributed to their ability to increase efficiency of power generation. Geothermal power plants are environmentally friendly, as they do not burn fuel to generate electricity and release 97% less sulfur compounds and 99% less carbon dioxide than similar-sized fossil fuel plants. Power plant water is often salty and contains impurities, hence it needs to be filtered before it goes to the heat exchanger. If left untreated, the mineral-rich brine can cause scaling issues. Water treatment chemicals can help prevent the presence of salts and metals in discharged water, which can contaminate rivers and lakes.

Gather more insights about the market drivers, restrains and growth of the Global water treatment chemicals market for geothermal power

Water Treatment Chemicals Market For Geothermal Power Segments Highlights:

• The scale control segment dominated the water treatment chemicals market for geothermal power in 2023 and accounted for a revenue share of 63.4%. The growth of this segment can be attributed to the potential risk of mineral deposition and scaling, resulting in a rising demand for scale control in geothermal power plants.
• The flash process segment dominated the water treatment chemicals market for geothermal power in 2023 and accounted for a revenue share of 46.6%. The growth of this segment can be attributed to the surging number of geothermal power projects based on flash process worldwide owing their economic benefits.
• The dry stream process helps geothermal operators maintain plant efficiency by preventing scaling and corrosion while minimizing wastewater disposal challenges through water recovery and volume reduction.
• The market in North America is expected to grow significantly during the forecast period, due to an increase in the number of geothermal power plants and a rise in the production of geothermal energy in the region.
• The U.S. market is projected to grow during the forecast period, due to the increasing number of geothermal energy projects in the region. This has resulted in the increasing demand for water treatment chemicals for geothermal power to prevent scaling and corrosion.
• Asia Pacific dominated the market by accounting for a revenue share of 36.8% of the market in 2023. The growth of the market in this region can be attributed to the rise in demand for water treatment chemicals in geothermal power plants in countries such as Indonesia, Japan, Philippines.
• The European market is expected to grow owing to rising demand for these chemicals, water treatment chemicals for geothermal power are primarily used to prevent scaling and corrosion in geothermal power plants.
• Brazil water treatment chemicals market for geothermal power is growing, due to the increasing government initiatives in the country for clean and renewable energy sources.
• Middle East & Africa Water Treatment Chemicals Market For Geothermal Power is expected to witness growth over the forecast period. This growth can be attributed to a rise in demand for water treatment chemicals for geothermal power plants.

Browse through Grand View Research's Water & Sludge Treatment Industry Research Reports.

• Water Recycle And Reuse Market: The global water recycle and reuse market size was estimated at USD 16.13 billion in 2023 and is anticipated to grow at a CAGR of 9.7% from 2024 to 2030.
• Produced Water Treatment Market: The global produced water treatment market size was estimated at USD 8.16 billion in 2023 and is anticipated to grow at a CAGR of 7.8% from 2024 to 2030.

Water Treatment Chemicals Market For Geothermal Power Segmentation

Grand View Research has segmented the global water treatment chemicals market for geothermal power market based on product, application, and region:

Water Treatment Chemicals Market For Geothermal Power Product Outlook (Volume, Tons; Revenue, USD Thousand, 2018 - 2030)

• Scale Control
• Corrosion Control

Water Treatment Chemicals Market For Geothermal Power Application Outlook (Volume, Tons; Revenue, USD Thousand, 2018 - 2030)

• Production & Reinjection Wells
• Flash Process
• Binary Process
• Dry Steam Process
• Cooling Water Systems
• Turbine Systems

Water Treatment Chemicals Market For Geothermal Power Region Outlook (Volume, Tons; Revenue, USD Thousand, 2018 - 2030)

• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa

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