The Global Power Plant Chemicals Market was valued at USD 7.14 Billion in 2023 and is projected to reach USD 9.53 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.2% during the forecast period (2024-2030). This growth is driven by increasing energy demands, stringent environmental regulations, and technological advancements across thermal, nuclear, and renewable power generation facilities.

As power plants worldwide strive for higher efficiency and lower emissions, specialized chemical solutions become critical for operational optimization. In this analysis, we profile the Top 10 Companies in the Power Plant Chemicals Industry—innovators delivering advanced formulations for corrosion control, scale prevention, and emission reduction.

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1. Ecolab Inc.

Headquarters: Saint Paul, Minnesota, USA
Key Offering: Nalco Water treatment solutions

Ecolab dominates the power chemicals sector through its Nalco Water division, serving approximately 40% of global power generation capacity. The company provides comprehensive solutions for boiler, cooling, and wastewater treatment systems.

Innovation Highlights:

• 3D TRASAR™ real-time monitoring technology

• Eco-efficient cooling treatments reducing water consumption by 25%

• Strategic partnerships with major utility operators

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2. Solvay SA

Headquarters: Brussels, Belgium
Key Offering: Flue gas treatment chemicals

Solvay delivers cutting-edge solutions for emission control and water treatment with particular expertise in SOx, NOx, and mercury reduction technologies for power plants.

Innovation Highlights:

• Primary global supplier of hydrogen peroxide for FGD systems

• Environmentally friendly water treatments with 30% reduced impact

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3. Dow Chemical Company

Headquarters: Midland, Michigan, USA
Key Offering: Water purification technologies

Dow’s advanced FILMTEC™ membranes and ion exchange resins enable efficient water purification processes essential for modern power plant operations.

Innovation Highlights:

• Developed industry-first closed-loop water systems

• Advanced scale inhibitors boosting boiler efficiency 15-20%

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4. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Complete water treatment solutions

BASF serves over 3,000 power plants with end-to-end chemical solutions from raw water intake to boiler feedwater treatment and emissions control systems.

Innovation Highlights:

• Sokalan® antiscalants cutting maintenance costs by 30%

• Pioneering biodegradable corrosion inhibitors

Download FREE Sample Report: Power Plant Chemicals Market – View in Detailed Research Report

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5. Kemira Oyj

Headquarters: Helsinki, Finland
Key Offering: Water chemistry optimization

Kemira specializes in zero liquid discharge (ZLD) technologies and digital chemistry solutions primarily serving European and Nordic power markets.

Innovation Highlights:

• Industry-leading NOx reduction systems

• Integrated digital monitoring platforms

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6. SNF Floerger

Headquarters: Andrézieux-Bouthéon, France
Key Offering: Water treatment polymers

As the world’s largest producer of water-soluble polymers, SNF provides essential flocculants for power plant wastewater and sludge management.

Innovation Highlights:

• Patented high-efficiency flocculants

• Customized coal ash pond solutions

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7. Buckman Laboratories

Headquarters: Memphis, Tennessee, USA
Key Offering: Microbial control systems

Buckman provides innovative biocides and treatment programs to prevent biofouling in power plant cooling systems across North America and Asia.

Innovation Highlights:

• Breakthrough enzymatic biofilm removal

• IoT-enabled smart dosing systems

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8. Kurita Water Industries

Headquarters: Tokyo, Japan
Key Offering: High-purity water chemicals

Kurita leads the Asian market with specialized solutions for ultra-supercritical plants and Japan’s advanced power generation sector.

Innovation Highlights:

• Nanotech-based scale inhibitors

• Proprietary corrosion protection

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9. Veolia Water Technologies

Headquarters: Paris, France
Key Offering: Integrated treatment systems

Veolia combines chemical expertise with advanced equipment to deliver complete water cycle solutions for global power plants.

Innovation Highlights:

• Hybrid ozonation-coagulation technologies

• AI-driven chemical optimization

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10. Solenis LLC

Headquarters: Wilmington, Delaware, USA
Key Offering: Sustainable water chemistries

Solenis focuses on eco-friendly chemical solutions with strong capabilities in biomass and waste-to-energy applications.

Innovation Highlights:

• Bio-based dispersant technology

• Closed-loop systems reducing chemical use by 40%

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Outlook: The Future of Power Plant Chemicals Is Smart and Sustainable

The power plant chemicals sector is undergoing a technological revolution, balancing traditional treatment needs with digital and environmental innovations.

Key Trends Shaping the Industry:

• Growing adoption of zero liquid discharge (ZLD) implementations

• Tighter regulations on emissions and water reuse

• Increasing digital monitoring and AI-based chemical management

• Expansion of biodegradable and bio-based formulations

Get Full Report Here: Power Plant Chemicals Market – View in Detailed Research Report

The market leaders profiled above are enabling power generators worldwide to achieve higher efficiency, lower emissions, and sustainable operations through advanced chemical innovations.