#North America Algaecides Market
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Global Algaecides Market Size, Share, Trend, Growth and Global Opportunity Analysis and Industry Forecast, 2023-2030.
Overview
The Global Algaecides Market is likely to exhibit steady growth over the forecast period, according to the latest report on Qualiket Research.
The Algaecides Market was valued at US$ 1451 Mn in 2019 and it is expected to reach at US$ 2065.4 Mn by 2030, growing at CAGR 4.6 % during the period, 2016-2030.
The leading players operating in the Algaecides Market are also studied in the report to provide readers with a comprehensive overview of the competitive landscape in the market. The major strategies used by leading players are studied in the report to provide readers with an idea of what works and what doesn’t, in the Algaecides Market. Individual key players are analyzed in detail in the report in order to elaborate on their regional analysis and product catalog, providing a clear overview of each major player operating in the Algaecides Market.
Key Players:
BASF SE ,
Dow,
Lonza Group,
SePRO Corporation,
Nufarm,
UPL Limited,
BioSafe Systems,
Airmax, Inc.,
Oreq Corporation,
N. Jonas & Company, Inc
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Market Segmentation: Based on type the algaecides is segmented into different types, among them copper sulfate holds the largest share in the global market. The larger demand of copper sulfate in the wastewater treatment attributed to its effectiveness against all the species of algae.
Based on form, granular segment accounts the largest CAGR based on its effectiveness and higher penetration in the algal cells during the forecast period.
Regional Analysis:
Geographically, North America is expected to be the fastest-growing regional market between 2023 and 2030. It was also the largest regional market for algaecides in 2023. Nutrient pollution, leads to algal blooms is one of the critical, costly, and challenging environmental problems which is extensive in North America. Therefore, with the aid of efficient infrastructure, government initiatives, and innovations resulting from research & development, the algaecides market is expected to grow at the highest rate in this region.
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Get deep insights of Trichloroisocyanuric Acid Market
The demand for trichloroisocyanuric acid will hit an approximate value of USD 5.75 billion by 2028, with growth of 8.30% for the projected period from 2021 to 2028. The market report on trichloroisocyanuric acid analyses the growth that is currently rising due to increasing preferences for organic compound use.
Global Trichloroisocyanuric Acid Market Scope and Market Size
Trichloroisocyanuric acid market is segmented on the basis of form, end use industry, and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
On the basis of form, the trichloroisocyanuric acid market is segmented into powder, granular, and tablet.
Based on end use industry, the trichloroisocyanuric acid market is segmented into water and wastewater treatment, food, sports and recreation, textile, dye industry, agriculture, and others.
Trichloroisocyanuric acid market is segmented in terms of market value, volume, market opportunities, and niches into multiple applications. The application segment for trichloroisocyanuric acid market includes bleaching agent, disinfectant, algaecide and bactericide, sericulture and aquaculture, and others.
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Market Analysis and Insights: Global Trichloroisocyanuric Acid Market
The demand for trichloroisocyanuric acid will hit an approximate value of USD 5.75 billion by 2028, with growth of 8.30% for the projected period from 2021 to 2028. The market report on trichloroisocyanuric acid analyses the growth that is currently rising due to increasing preferences for organic compound use.
Trichloroisocyanuric acid with the chemical formula C3Cl3N3O3 is a type of organic chemical compound. White crystalline solids are the physical appearance of trichloroisocyanuric acid and have a heavy pungent odour. Furthermore, when it comes into contact with a flammable material, trichloroisocyanuric acid can cause a fire. Via reaction with sodium hydroxide and chlorine gas, trichloroisocyanuric acid can be synthesised from cyanuric acid. Trichloroisocyanuric acid may be incompatible with, or may decompose in contact with moisture, water, acids, reducing agents and strong oxidising agents.
The growing usages of the product as industrial disinfectants, bleaching agent and as reagent, increasing number of applications from various industries such as textiles, water and wastewater treatment, agriculture and others, rising demand of the product due to its bactericidal performance, prevalence of product with high efficiency, low toxicity fungicides, shrink agent, and others are some of the major as well as important factors which will likely to accelerate the growth of the trichloroisocyanuric acid market in the projected timeframe of 2021-2028. On the other hand, constructive scenario of end-use industries including agriculture, water treatment along with availability of the product which is easy to decompose in acid or alkali which will further contribute by generating immense opportunities that will led to the growth of the trichloroisocyanuric acid market in the above mentioned projected timeframe.
Trichloroisocyanuric Acid Market Country Level Analysis
The countries covered in the trichloroisocyanuric acid market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Trichloroisocyanuric Acid Market Share Analysis
Trichloroisocyanuric acid market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to trichloroisocyanuric acid market.
Key Drivers in Trichloroisocyanuric Acid Market
The major players covered in the trichloroisocyanuric acid market report are Occidental Chemical Corporation; zeelproduct; Hebei Jiheng Chemical Co., Ltd.; ICL; NANNING CHEMICAL GROUP CO.,LTD.; China Petrochemical Corporation; PAT IMPEX; SHIKOKU CHEMICALS CORPORATION.; NIPPON SODA CO., LTD.; Nissan Chemical Corporation; Ercros S.A; Nankai Chemical Co.,Ltd.; Heze Huayi Chemical Co., Ltd.; Taian Huatian Chemical Co.,Ltd.; Zhucheng Taisheng Chemical Co., Ltd.; Handan Ruibang Fine Chemical Co., LTD.; Inner Mongolia Lantai Industrial Co., Ltd; China Salt Changzhou Chemical Co., Ltd.; LiaoCheng City Zhonglian Industry Co.Ltd.; Hebei Xingfei Chemical Co., Ltd.; among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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MAJOR TOC OF THE REPORT
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
Chapter Six: trichloroisocyanuric acid market
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Algaecides Market: Scope, Share, Size, Growth, Segmentation, Forecast up to 2027
Algaecides Market Overview:
The market research report on Algaecides Market Size Analysis, 2021 is comprehensive, providing you with all the information you need to make informed industry decisions and establish strategic growth plans. This paper provides a thorough comprehension of advanced tactics and plans, regardless of the production method or cost structures.
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Market Scope:
The study looks at the most important market trends and how they will impact new business investments and growth in general. Market trends influence new technology, foreign entrance, new rules, government investment, new uses, and other industry dynamics. This report contains a comprehensive trend analysis to help you make informed industry decisions in the Algaecides market.
The Algaecides Industry Market Research Report, published in 2021, contains exclusive critical statistics, facts, information, trends, and competitive landscape insights in this industry. The current state of the Algaecides market is evaluated, and a prognosis for the market is provided until 2027. Global leading manufacturers of Algaecides market share are likely to have company profiles, product photos and specs, capacity, production, price, cost, revenue, and contact information.
Segmentation:
Global Algaecides Market
Report CoverageDetails
Base Year:2020Forecast Period:2021-2027
Historical Data:2016 to 2020Market Size in 2020:US $ 2.36 Bn.
Forecast Period 2021 to 2027 CAGR:6.51%Market Size in 2027:US $ 3.67 Bn.
Segments Covered:by Type• Copper sulfate • Chelated copper • Quaternary ammonium compounds • Peroxyacetic acid & hydrogen dioxide • Others
by Form• Granular crystal • Liquid • Pellet
by Application• Surface water treatment • Aquaculture • Sports & recreational centres • Agriculture • Others
Key players:
• BASF SE • The Dow Chemical Company • Nufarm Limited • Lonza Group AG • UPL Limited • ePRO Corporation • Waterco Limited • BioSafe Systems • Airmax, Inc. • Oreq Corporation • Lenntech B.V. • Pinch A Penny, Inc. • Pool Corporation. • BIOGUARD PEST MANAGEMENT • Expertos en Piscinas y Spas AstralPool., • Syngenta • Bayer AG
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The research study focuses on the current market size and growth rates of the Algaecides market, based on records and financial data, as well as a company profile of leading players/manufacturers.
Regional analysis:
Our studies include Regional Insights to guarantee you are well-versed in the Algaecides market on a regional basis. A detailed awareness of local energy, economic, political, and geographic factors is required for any meaningful assessment of potential policy options in response to global market change. The operation of the Algaecides market has a significant impact on local development plans. Our study enables us to undertake regional assessments while also taking into account the influence of the Algaecides market as well as local growth in other areas. We conduct a wide range of high-resolution regional research at the regional, national, and international levels. PESTAL and PORTAL analysis are now available to assist you better understand the Algaecides industry in a certain location. Our research also covers company profiles from a variety of industries.
COVID-19 Impact Analysis on Algaecides Market:
According to the report, COVID-19 has a significant impact on the Algaecides market in North America, Asia Pacific, the Middle East, Europe, and South America. During this crisis, the paper examines all of the available options, as well as the hard conditions and difficult situations that exist in the Algaecides market. In terms of funding and market expansion, the report briefly examines the COVID-19's merits as well as its limitations. In addition, the study presents a set of principles that readers may use to help them decide on and create a company strategy.
Key Questions answered in the Algaecides Market Report are:
Which product segment grabbed the largest share in the Algaecides market?
How is the competitive scenario of the Algaecides market?
Which are the key factors aiding the Algaecides market growth?
Which region holds the maximum share in the Algaecides market?
What will be the CAGR of the Algaecides market during the forecast period?
Which application segment emerged as the leading segment in the Algaecides market?
Which are the prominent players in the Algaecides market?
What key trends are likely to emerge in the Algaecides market in the coming years?
What will be the Algaecides market size by 2027?
Which company held the largest share in the Algaecides market?
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Global Algaecides Market Research Report 2021 Professional Edition
The global Algaecides market was valued at 2011.23 Million USD in 2020 and will grow with a CAGR of 3.67% from 2020 to 2027, based on Our Researcher newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
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By Market Verdors:
BASF
Bayer
DOW
Syngenta
Easy-Life
Lake Restoration
Baquacil
Astralpool
Lonza
BioGuard
Pool Care
Pinch A Penny
By Types:
Synthetic Algicides
Natural Algicides
By Applications:
Agriculture
Industry
Aquarium
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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Table of content
1 Report Overview 1.1 Study Scope 1.2 Key Market Segments 1.3 Players Covered: Ranking by Algaecides Revenue 1.4 Market Analysis by Type 1.4.1 Global Algaecides Market Size Growth Rate by Type: 2021 VS 2027 1.4.2 Synthetic Algicides 1.4.3 Natural Algicides 1.5 Market by Application 1.5.1 Global Algaecides Market Share by Application: 2022-2027 1.5.2 Agriculture 1.5.3 Industry 1.5.4 Aquarium 1.6 Study Objectives 1.7 Years Considered 1.8 Overview of Global Algaecides Market 1.8.1 Global Algaecides Market Status and Outlook (2016-2027) 1.8.2 North America 1.8.3 East Asia 1.8.4 Europe 1.8.5 South Asia 1.8.6 Southeast Asia 1.8.7 Middle East 1.8.8 Africa 1.8.9 Oceania 1.8.10 South America 1.8.11 Rest of the World 2 Market Competition by Manufacturers 2.1 Global Algaecides Production Capacity Market Share by Manufacturers (2016-2021) 2.2 Global Algaecides Revenue Market Share by Manufacturers (2016-2021) 2.3 Global Algaecides Average Price by Manufacturers (2016-2021) 2.4 Manufacturers Algaecides Production Sites, Area Served, Product Type 3 Sales by Region 3.1 Global Algaecides Sales Volume Market Share by Region (2016-2021) 3.2 Global Algaecides Sales Revenue Market Share by Region (2016-2021) 3.3 North America Algaecides Sales Volume 3.3.1 North America Algaecides Sales Volume Growth Rate (2016-2021) 3.3.2 North America Algaecides Sal
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Algaecide Market to Witness Steady Expansion During 2020 to 2025
The Algaecide research report provides key data of the market status in terms of Algaecide size estimates and forecasts, rate of growth. This report also covers key players of the market point out through their market share, product offerings. Further, the Algaecide research report strategical insights supported assessment of recent developments, strategy analysis of the players. It also covers drivers, opportunity and challenges prevailing within the industry.
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The information available within the global Algaecide market report isn't only supported the facts but also on the case studies, which analysts have included to deliver appropriate information to the clients during a well-versed manner. Moreover, for better understanding, the report includes statistical figures, graphs, tables, and charts associated with the knowledge mentioned in textual form. The report also provides the market dynamics like drivers, restraints, strategies & guidelines, trends, avenues, and technological improvements anticipated to possess an impression on the Algaecide Market growth within the projected period.
Key Players in the global Algaecide market covered in Reports:
BASF, Nufarm, Lonza, UPL, Waterco, Sepro, Dow Chemical, Biosafe Systems, Airmax, Oreq
Key Types in the global Algaecide market covered in Reports:
Natural Algicides
Synthetic Algicides
Key Applications in the global Algaecide market covered in Reports:
Surface water treatment
Aquaculture
Sports & recreational centers
Agriculture
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Regions & Countries Mentioned within the Algaecide Report:
North America (United States)
Europe (Germany, France, UK)
Asia-Pacific (China, Japan, India)
Latin America (Brazil)
The Middle East & Africa
Key questions answered through this market research report:
What Are Market Algaecide Market? What Are Challenges and Opportunities?
What Should Be Entry Strategies, Counter measures to Economic Impact, Marketing Channels for Algaecide Industry?
Who Are the worldwide Key Players during this Algaecide Market?
What’s marketing research of Algaecide Market by Taking Applications and kinds in Consideration?
what's Economic Impact on Algaecide Industry?
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Algaecide Market Reviews, Drivers, Strategies, Top Key Vendors
Algaecide Market: An Overview
Algaecides are class of biocides used for terminating growth of algae. They are typically applied in waterbodies by injecting the targeted algaecide into the floating mat of algae. Selective algaecides should be used depending on the species. Incomplete eradication of algae from the water bodies and recurring use of algae increasing the demand of algae in the market. Algaecides are used not only in water bodies but also in sports and recreational centers, surface water treatment, aquaculture, agriculture and other niche applications. Algae prevention in the swimming pools has become one of the biggest challenges across the regions. Chlorine is usually used to terminate the algae present in the water. Thus, increasing the chlorine levels unexceptionally in the water. Selective algaecide application demand has been increased in the past half-decade owing to the algae termination. Quaternary ammonium compounds and copper sulfate compounds are typically used as a non-selective algaecide owing to its less hazardous nature. Moreover, its increasing awareness regarding biocides has increased its application in agriculture. Emerging applications and growing research regarding algaecide portrays a picture of growing algaecide demand across the regions. Demand of Algaecide is set to surge over the forecast period (2020-2030).
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Demand Spike for Granular Algaecide is set to Define Algaecide Market
Liquid, granular, crystal and pellet are the four main forms of algaecide available in the market. Of which, granular has found attractive market share in the global algaecide market owing to its higher penetration into the cells of algae and higher dissolution in the water bodies. Followed by granular type, crystal form is being used in water bodies owing to its enhanced surface area for the termination of algae in the water. Liquid form is used when the algae is spread out across the water body owing its higher dispersion and area coverage in the water.
COVID-19 to Shatter the Algaecide Market
COVID-19 or Novel corona virus has not only shattered the movement of the people but also the production and trade of the major products in the market including algaecide. Increased production of essentials and force majeure of inessential products has disrupted the algaecide market. Demand shrink owing to the lockdown across the regions and shattered supply owing to the cease of trade of raw materials required to manufacture of algaecide. The market is set to remain the same till 2022 owing to the inflation across the regions. Reduction in buying power and budget constraints is set to hamper the algaecide market. Pandemic has hit the economy hard in the gut which is set to reflect on the global economy and chemicals market.
Algaecide Market: Segmentation
The global Algaecide market is bifurcated into four major segments: Form, Mode of Action, Application and region.
On the basis of Form, the global Algaecide market is divided into:
Liquid
Granular
Crystal
Pellet
On the basis of Mode of Action, the global Algaecide market is divided into:
Selective
Non-Selective
Quarternary ammonium
Copper Sulphate
Others
On the basis of application, the global Algaecide market is divided into:
Sports and Recreational Centres
Surface Water
Aquaculture
Agriculture
Others
Water Parks
Swimming Pools
Other
Algaecide Market: Regional Outlook
The report on the global Algaecide market covers six major regions that include North America, Europe, Latin America, East Asia, South Asia & Oceania, and MEA. North America has driven the demand of algaecide market in the historical period of 2015-2019 owing to the awareness of the algaecide and its applications. Moreover, high per-capita income has integrated the algaecide into their market basket owing to the presence of high number of swimming pools and algaecide application in water bodies in United States. Europe followed by North America lies on the mature side of the PLC curve.
Europe and North America are hard hit regions of COVID-19. Massive lockdown has shrunk the supply of algaecide. Moreover, inflation set to follow post COVID-19 is set to negatively affect the demand till 3rd quarter of 2022
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Algaecide Market: Key Players
Key Stakeholders in the global algaecide market are BASF SE, UPL Limited, Oreq Corporation, Biosafe systems, Dow chemical company, waterco Limited, Nufarm Limited,Se Pro Group, Lonza Group and others. The Algaecide market consists of well-diversified global and regional players with global vendors ruling the market.
The research report presents a comprehensive assessment of the algaecide market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The algaecide market report provides analysis and information, according to market segments such as geographies, form, application, and mode of action.
The Algaecide Market Report Covers Exhaustive Analysis On:
Market Segments
Market Dynamics
Market Size & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
The Algaecide report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The Algaecide report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The Algaecide report also maps the qualitative impact of various market factors on market segments and geographies.
The Algaecide Market Report Highlights:
A detailed overview of the parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint
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Algaecides Market Size, Share, Growth and Forecast Report to 2027
Global Algaecides market was valued at US$ 1451 Mn in 2019 and it is expected to reach at US$ 2065.4 Mn by 2027, growing at CAGR 4.6 % during the period, 2016-2027.
Algaecide products and water treatment services for algal control have been gaining popularity from the past few years due to the uncontrolled growth of algal blooms in freshwater lakes and marine coastlines & estuaries. Toxins produced as a result of algal blooms are considered to be dangerous to humans, marine, and freshwater environments. Hence, various preventive and control measures for the treatment of algae are propelling the growth of the algaecides market across the globe.
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Algaecides are chemical compounds whose active ingredients kill algae and/or prevent it from growing in pool.The available algaecides, there are ones which have copper ions as the active ingredient, containing a chelated copper ion, and algaecides that contain quaternary ammonium compounds (referred to as “quats”) or polymeric quaternary ammonium compounds (referred to as “poly-quats”). Using type of algaecide has pros and cons, with potential staining and foaming being the most common problem areas. Additionally, the correct algaecide with the correct algal type as algaecides are not universal.
Algaecides are used to control or suppress many species of filamentous, planktonic, and branched algae. It can be selective or non-selective against algae. Selectivity depends on species, timing and dose of application, water chemistry, and product formulation. These are vary in their mechanism of action, but they are all considered “contact” pesticides, meaning they cause injury to only the algal cells and filaments which come in contact with or are exposed to dissolved algaecide, with little intercellular movement. Also, Algaecides are used to control algal growth in impounded lakes, ponds, waters, reservoirs, stock tanks, and irrigation conveyance systems. They can be applied as a spray directed onto an algal mat, sprayed or applied as granular crystals or pellets or injected directly into the water column.
Market Drivers: Rise in demand of algaecides for swimming pool
Algaecides are chemical compounds whose active ingredients kill algae and/or prevent it from growing in pool. Algae growth is a very common problem in swimming pools, and pool owners generally have to deal with algae several times a year. Algae spores are deposited by rain--or even human contact, along with the presence of carbon dioxide, warm weather and off-balance pH levels, algae thrive. Swimming pools affected by algae may increase green water or slimy deposits which are yellow, green, pink and black.
Restraints: Stringent regulations for the use of algaecide usage
Regulatory control on the usage of such compounds in different regions limited the range of algaecides available for the formulators to develop. The approval of local authorities is required for the use of algaecides on the waste water discharged in public water bodies in order to ascertain that the active ingredients utilized are not sensitive to non-target species, may affect the use of algaecides.
For instance, there are numerous formulations and manufacturers of algaecides registered by the U.S. Environmental Protection Agency for use in and around aquatic habitats. Algaecides must be applied in accordance with the full product label as registered by the United State Environmental Protection Agency (USEPA).
Opportunity: Algaecides for the treatment of Sulphur water treatment
Sulfur water is a condition where water is exposed to hydrogen sulfide gas, giving a distinct "rotten egg" smell. This condition has different purposes in culture varying to health and implications to plumbing.
In the U.S., over 258 million U.S. residents obtain their drinking water from surface water and every day, 30 billion gallons of water are used for public water use. Surface water is the primary source of potable water for most US citizens.
Algaecides can be used for the treatment of Sulfur water. This can create significant opportunity over the forecast period
Global Algaecides Market Share Analysis, By Application
Based on the application type, aquaculture holds for the largest market share because of the organized development of aquaculture in both, freshwater and marine areas for maintaining water quality and increased incidence of algal bloom
Global Algaecides Market Share Analysis, By Form
Based on Form, aquaculture holds for the largest market share because of the organized development of aquaculture in both, freshwater and marine areas for maintaining water quality and increased incidence of algal bloom
Global Algaecides Market Size & Forecast (US$ Mn), By Region
North America Algaecides market was valued at US$ 467.2 Mn in 2019 and it is expected to reach at US$ 590.5 Mn by 2027, growing at CAGR 3.0 % during the period, 2020-2027.
Strong emphasis on environmental pollution control in North America is supported by regulatory framework mainly in the U.S.; this may lead to increased demand for algaecides in this region. Algaecides must be applied in accordance with the full product label as registered by the USEPA.
North America is accounted for the highest market share in 2019. However, Asia pacific region is projected to grow at a healthy rate during the forecast period and penetrate the market.
Key Players
Various key players discussed in Global Algaecides Market report such as BASF SE , Dow, Lonza Group, SePRO Corporation, Nufarm, UPL Limited, BioSafe Systems, Airmax, Inc., Oreq Corporation, N. Jonas & Company, Inc, etc.
Market Taxonomy
By Type
Copper Sulfate
Chelated Copper
QAC
Peroxyacetic Acid & Hydrogen Dioxide
By Application
Surface Water Treatment
Aquaculture
Sports & Recreational Centers
Agriculture
By Form
Granular Crystal
Liquid
Pellet
By Mode of Action
Non-Selective Algaecides
Selective Algaecides
By Region
North America
Europe
Asia-Pacific
Middle East & Africa
Latin America
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Algaecides Market: Growth Analysis of Key Trends and Drivers Shaping Future Growth 2027
Global Algaecides Market
Global Algaecides market was valued at US$ 1451 Mn in 2019 and it is expected to reach at US$ 2065.4 Mn by 2027, growing at CAGR 4.6 % during the period, 2016-2027.
Algaecide products and water treatment services for algal control have been gaining popularity from the past few years due to the uncontrolled growth of algal blooms in freshwater lakes and marine coastlines & estuaries. Toxins produced as a result of algal blooms are considered to be dangerous to humans, marine, and freshwater environments. Hence, various preventive and control measures for the treatment of algae are propelling the growth of the algaecides market across the globe.
Algaecides are chemical compounds whose active ingredients kill algae and/or prevent it from growing in pool.The available algaecides, there are ones which have copper ions as the active ingredient, containing a chelated copper ion, and algaecides that contain quaternary ammonium compounds (referred to as “quats”) or polymeric quaternary ammonium compounds (referred to as “poly-quats”). Using type of algaecide has pros and cons, with potential staining and foaming being the most common problem areas. Additionally, the correct algaecide with the correct algal type as algaecides are not universal.
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Algaecides are used to control or suppress many species of filamentous, planktonic, and branched algae. It can be selective or non-selective against algae. Selectivity depends on species, timing and dose of application, water chemistry, and product formulation. These are vary in their mechanism of action, but they are all considered “contact” pesticides, meaning they cause injury to only the algal cells and filaments which come in contact with or are exposed to dissolved algaecide, with little intercellular movement. Also, Algaecides are used to control algal growth in impounded lakes, ponds, waters, reservoirs, stock tanks, and irrigation conveyance systems. They can be applied as a spray directed onto an algal mat, sprayed or applied as granular crystals or pellets or injected directly into the water column.
Market Drivers: Rise in demand of algaecides for swimming pool
Algaecides are chemical compounds whose active ingredients kill algae and/or prevent it from growing in pool. Algae growth is a very common problem in swimming pools, and pool owners generally have to deal with algae several times a year. Algae spores are deposited by rain--or even human contact, along with the presence of carbon dioxide, warm weather and off-balance pH levels, algae thrive. Swimming pools affected by algae may increase green water or slimy deposits which are yellow, green, pink and black.
Restraints: Stringent regulations for the use of algaecide usage
Regulatory control on the usage of such compounds in different regions limited the range of algaecides available for the formulators to develop. The approval of local authorities is required for the use of algaecides on the waste water discharged in public water bodies in order to ascertain that the active ingredients utilized are not sensitive to non-target species, may affect the use of algaecides.
For instance, there are numerous formulations and manufacturers of algaecides registered by the U.S. Environmental Protection Agency for use in and around aquatic habitats. Algaecides must be applied in accordance with the full product label as registered by the United State Environmental Protection Agency (USEPA).
Opportunity: Algaecides for the treatment of Sulphur water treatment
Sulfur water is a condition where water is exposed to hydrogen sulfide gas, giving a distinct "rotten egg" smell. This condition has different purposes in culture varying to health and implications to plumbing.
In the U.S., over 258 million U.S. residents obtain their drinking water from surface water and every day, 30 billion gallons of water are used for public water use. Surface water is the primary source of potable water for most US citizens.
Algaecides can be used for the treatment of Sulfur water. This can create significant opportunity over the forecast period
Global Algaecides Market Share Analysis, By Application
Based on the application type, aquaculture holds for the largest market share because of the organized development of aquaculture in both, freshwater and marine areas for maintaining water quality and increased incidence of algal bloom
Global Algaecides Market Share Analysis, By Form
Based on Form, aquaculture holds for the largest market share because of the organized development of aquaculture in both, freshwater and marine areas for maintaining water quality and increased incidence of algal bloom
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Global Algaecides Market Size & Forecast (US$ Mn), By Region
North America Algaecides market was valued at US$ 467.2 Mn in 2019 and it is expected to reach at US$ 590.5 Mn by 2027, growing at CAGR 3.0 % during the period, 2020-2027.
Strong emphasis on environmental pollution control in North America is supported by regulatory framework mainly in the U.S.; this may lead to increased demand for algaecides in this region. Algaecides must be applied in accordance with the full product label as registered by the USEPA.
North America is accounted for the highest market share in 2019. However, Asia pacific region is projected to grow at a healthy rate during the forecast period and penetrate the market.
Key Players
Various key players discussed in Global Algaecides Market report such as BASF SE , Dow, Lonza Group, SePRO Corporation, Nufarm, UPL Limited, BioSafe Systems, Airmax, Inc., Oreq Corporation, N. Jonas & Company, Inc, etc.
Market Taxonomy
By Type
q Copper Sulfate
q Chelated Copper
q QAC
q Peroxyacetic Acid & Hydrogen Dioxide
By Application
q Surface Water Treatment
q Aquaculture
q Sports & Recreational Centers
q Agriculture
By Form
q Granular Crystal
q Liquid
q Pellet
By Mode of Action
q Non-Selective Algaecides
q Selective Algaecides
By Region
q North America
q Europe
q Asia-Pacific
q Middle East & Africa
q Latin America
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QualiKet Research is a leading Market Research and Competitive Intelligence partner helping leaders across the world to develop robust strategy and stay ahead for evolution by providing actionable insights about ever changing market scenario, competition and customers. QualiKet Research is dedicated to enhancing the ability of faster decision making by providing timely and scalable intelligence. We use different intelligence tools to come up with evidence that showcases the threats and opportunities which helps our clients outperform their competition.
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Algaecides Market Insights, Industry Growth Factors, Applications, Development Trends, Key Players and Forecasts by 2026 | Dow, BioSafe Systems, LLC, Lenntech B.V., Waterco, Pinch A Penny, Inc., Pool Corporation
Algaecides Market along with the various features relating to the market players like company profiles, supply chain value, product specifications, market shares, and so on. Also, the report entails the major strategic market developments, comprising R&D activities, collaborations, new product launch, agreements, joint ventures, partnerships, M&A, and presence & expansion extent of these prominent players on the global and regional scale. In addition, it comprises the systematic examination of business strategies for expansion of the prominent Algaecides Market players. The study highlights detailed assessment of the Market and display Algaecides market sizing trend by revenue & volume (if applicable), expert opinions, current growth factors, facts, and industry validated market development data.
Global Algaecides Market is expected to rise from its initial estimated value of USD 2.19 billion in 2018 to an estimated value of USD 3.66 billion by 2026, registering a CAGR of 6.63% in the forecast period of 2019-2026. Increasing industrialization is driving the growth of this market.
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Algaecide is used to kill and prevent the growth of algae or cyanobacteria. They are of two type’s algaecide natural and synthetic algaecides. They are usually used to prevent filamentous, branched, as well as planktonic algae. Algaecide depends upon some factors like quantities of application, water chemistry, product formulation etc.
Market Drivers:
Increasing awareness about the conservation of the environment is driving the growth of this market
Rising industrialization are driving the growth of this market
Market Restraints:
Strict government regulation is restraining the growth of this market
Its non- selective nature is another factor to restraining this market.
Relevant features of the study that is being offered with major highlights from the report:
1) Which companies are profiled in current version of the report? Can list of players be customizing based on regional geographies we are targeting.
Few of the major competitors currently working in the algaecides market are BASF SE, Nufarm, Lonza., UPL, Waterco, SePRO Corporation, Dow, BioSafe Systems, LLC, Airmax, Oreq Corporation, Lenntech B.V., Waterco, Pinch A Penny, Inc., Pool Corporation., BIOGUARD PEST MANAGEMENT, Expertos en Piscinas y Spas AstralPool., Syngenta, Bayer AG.
2) What all regional break-up covered? Is it possible to add specific country or region of interest?
Currently, research report gives special attention and focus on following regions: Asia-Pacific, South America, North America, Europe and & Middle East & Africa
3) Can Market be broken down by different set of application and types?
Additional Algaecides Market segmentation / Market breakdown is possible subject to data availability, feasibility and depending upon timeline and toughness of survey. However a detailed requirement needs to be prepared before making any final confirmation.
By Product Type (Organic Food, Organic Beverages), Distribution Channel (Supermarket/Hypermarket, Convenience Stores, Specialist Stores, Internet Retailing, Others)
Strategic Points Covered in Table of Content of Algaecides Market:
Chapter 1: Introduction, Definition, Specifications, Classification and Scope the Algaecides market.
Chapter 2: Exclusive Summery like Industry chain structure, Manufacturer cost structure, suppliers, etc
Chapter 3: Displays Trends, Drivers and Challenges of the Algaecides market
Chapter 4: By the study of SWOT analysis it displays sales analysis, investment analysis, market analysis, etc
Chapter 5: It evaluates the market by segments, by countries and by manufacturers with revenue, share and sales by key countries in these various regions.
Chapter 6: Evaluate the leading manufacturers of the Global Algaecides market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: Algaecides Research Findings and Conclusion, Appendix, system and information source
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Data Bridge Market also provides customized specific regional and country-level reports, see below break-ups.
North America: United States, and Mexico.
South & Central America: Argentina, LATAM, and Brazil.
Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa.
Europe: UK, France, Italy, Germany, Spain and Russia.
Asia-Pacific: India, China, Japan, South Korea, Indonesia, Thailand, Singapore, and Australia.
Key Stakeholders Audience Covered:
In order to better analyze value chain/ supply chain of the Industry, a lot of attention given to forward and backward Integration of Algaecides Market
- Algaecides Manufacturers
- Algaecides Distributors/Traders/Wholesalers
- Algaecides Sub-component Manufacturers
- Industry Association
- Downstream Vendors
Reasons for Buying this Algaecides Report
1. Algaecides market report aids in understanding the crucial product segments and their perspective.
2. Initial graphics and exemplified that a SWOT evaluation of large sections supplied from the Algaecides industry.
3. Even the Algaecides economy provides pin line evaluation of changing competition dynamics and retains you facing opponents.
4. This report provides a more rapid standpoint on various driving facets or controlling Algaecides promote advantage.
5. This worldwide Algaecides report provides a pinpoint test for shifting dynamics that are competitive.
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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like West Europe, North America, MENA Countries, LATAM, Southeast Asia or Asia Pacific.
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Water Treatment Chemicals Market Analysis, Growth, COVID-19 Overview, Demand and Industry Forecast 2023
Water Treatment Chemicals Market Synopsis:
Market Research Future (MRFR)’s assessment reveals that the global water treatment chemicals market is prognosticated to expand at a healthy pace over the forecast period 2016 to 2023. The drastic growth in the population has intensified the need for potable water. However, the groundwater level has been decreasing in the recent years. This, in turn, has motivated the market participants to invest in solutions for the treatment of the water available. It is estimated to have an optimistic impact on the expansion of the water treatment chemicals market across the projection period.
The rising burden of water-borne diseases has created an awareness about its lethal effects. This, in turn, has boosted the growth trajectory of the COVID-19 analysis on water treatment chemicals market by generating higher demand for clean water. In addition, rapid industrialization is another major factor responsible for revolutionizing the global market. The increasing water requirement for industrial processes has catapulted the water treatment chemicals market on an upward trajectory. Also, the initiatives undertaken by the governments for making potable water available is anticipated to influence the market growth positively.
Water Treatment Chemicals Market Segmentation:
On the basis of type, the water treatment chemicals market share has been segmented into corrosion inhibitors, scale inhibitors, coagulants and flocculants, chelating agents, biocides and disinfectants, anti-foaming agents, oxidants, oxygen scavengers, pH adjusters and stabilizers, algaecides, and others.
On the basis of end-user industry, the water treatment chemicals market has been segmented into chemical processing, paper and pulp, oil & gas, food & beverage, municipal water treatment plants, power generation, mining, and others.
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Water Treatment Chemicals Market Regional Analysis:
The global water treatment chemicals market analysis, by region, has been segmented into Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Asia Pacific is currently leading the global market and is presumed to continue its dominance over the assessment period. The growth of the end-user industries is forecasted to reflect on the expansion of the water treatment chemicals market in the upcoming years. Other factors prognosticated to favor the proliferation of the market are low production cost, availability of inexpensive labor, relaxed investment protocols, and growing population.
North America and Europe are on the verge of entering the matured phase and are poised to exhibit steady growth in the forthcoming years. Stringent regulations enforced for maintaining a hygienic level of water are poised to drive the expansion of the regional water treatment chemicals market across the review period.
The Middle East & Africa is expected to grow significantly owing to the presence of an established oil & gas sector in the region. Meanwhile, Latin America, which holds the least market share presently, is prognosticated to exhibit considerable growth in the foreseeable future.
Competitive Dashboard:
Some of the key players profiled in the report are BASF SE (Germany), DowDuPont, Inc. (US), INDOCHEM (India), Lenntech B.V. (Netherlands), Thermax (India), Akzo Nobel N.V. (Netherlands), Accepta Water Treatment (UK), Chembond Chemicals Limited (India), Wilh. Wilhelmsen Holding ASA (Norway), Aries Chemical, Inc. (US), Chemtex Speciality Limited (India), Culligan (US), Bionics Advanced Filtration Systems (P) Ltd. (India), ChemTreat Inc. (US), and Aquaquest Water Treatment Chemicals (India).
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Pool Chemical Market to Witness Surge in Demand Owing to Increasing End use Adoption
Industry Insights:
According to the ‘Market Growth Insight’, the Pool Chemical market is anticipated to be estimated at USD XX billion along with CAGR of XX% over the forecast period 2020 - 2026. The Pool Chemical study contains details on various segments of the market including product, grade, and application. The Global Pool Chemical Market Report offered key insights on each of these segments and special highlights on the potential areas for the industry players to tap and become leaders in the forthcoming years. Also, the Pool Chemical report highlights consumer preference, buying behavior, product price, import and export status, futuristic cost, and revenue.
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Pool Chemical Market, Prominent Players
Lonza, FMC, NC Brands, Haviland Pool, Occidental Chemical, Axiall, Lanxess, Monsanto, Robelle, Olin, Nippon Soda, Nankai Chemical, Clorox Pool & Spa, Coastal Chemical Pools, SunGuard, Tosoh
The key drivers of the Pool Chemical market are well-elaborated by the authors that provide a clearer picture to the buyers. The Pool Chemical report further includes graphical presentation of all the key information about the Pool Chemical market so that buyers can gain an exact market scenario and plan their profitable activities accordingly. COVID-19 impact is also stated in the report along with hampering in different areas. This will help the businesses involved in the Pool Chemical market to plan policies and strategies for the forecast period, stabilize the market, and ultimately contribute the industry growth.
Global Pool Chemical Market: Product Segment Analysis
Trichlor
Dichlor
Cal Hypo
Liquid Chlorine
Algaecides
Balancers
Specialty Product
Global Pool Chemical Market: Application Segment Analysis
Residential Pool
Commercial Pool
Regional Analysis and Competitive Landscape:
Regionally, the Pool Chemical market report is segmented as North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. The Pool Chemical research experts have thoroughly studied these regions to offer information like the concentration of industry players in each region, highly demanding products, consumer preferences, response to fluctuating price, and demographic details, and income. The Pool Chemical report also covers potential regions along with current product demand scenario. For better understanding, the report contains statistics, tables, and other graphical representations.
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The report comprehensively covers list of key players in the Pool Chemical market. Other essential information like company profile, history of the company, recent news associated with the company, establishment year, previous records and achievements by the company, company revenue, and more are precisely mentioned in the Pool Chemical market research report. Growth strategies that are commonly adopted by Pool Chemical market players are also mentioned in the study. These include collaborations, new product development, innovations, and marketing campaigns.
The research answers following key questions:
What is the current market size of the Pool Chemical Market?
What will be the CAGR of the Pool Chemical Market for the mentioned forecast period?
Which are the key growth factors of the Pool Chemical market?
What are the major factors that drive the Pool Chemical Market in different regions?
What could be the Pool Chemical market scope over the forecast period?
Which major players are dominating the Pool Chemical market and what winning strategies are they adopting?
What are the key trends shaping the growth and expansion of the Pool Chemical market in the forthcoming years?
What challenges were faced by the Pool Chemical market in previous years and what are the approaching challenges in coming years?
What are the key opportunities in the Pool Chemical Market?
What is the effect of COVID-19 on the Pool Chemical Market over the forecast period?
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The global algaecides market was esteemed at US$2.115 billion every 2019 and is anticipated to grow at a CAGR of 5.29% over the estimated time frame to reach US$2.881 billion by 2025. North America and Europe hold a huge piece of the overall industry while Asia-Pacific is the quickest developing algaecides market.
#algaecides market#algaecides market size#algaecides market share#algaecides market trends. market research reports
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Industrial Wastewater Treatment Market analysis and Overview and market development
Global Industrial Wastewater Treatment Market is expected to rise to an estimated value of USD 17.22 billion by 2026, registering a substantial CAGR in the forecast period of 2019-2026.
Wastewater treatment is the method that is used to transform wastewater into an effluent so that it can be easily put back into the water cycle with little or no negative effect on the environment for renewed usage. Some of the most commonly used chemicals to breakdown the industrial pollutants are sodium bicarbonate, algaecide, muriatic acid, chlorine, aluminum, iron, clarifiers, coagulants, filter cleaners, flocculants etc. They are used in polluted rivers, sewage wastes, seawater to breakdown the pollutants making them safe and reusable.
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Key Market Competitors:
Few of the major competitors currently working in industrial wastewater treatment are Ecolab, SUEZ, Kemira, SNF Group, Evoqua Water Technologies LLC, Veolia, Solenis, Feralco AB, IXOM, Hydrite Chemical, Kurita Water Industries Ltd., Dow, BWA WATER ADDITIVES., Cortec Corporation, Grupo BAUMINAS, Buckman., Akzo Nobel N.V., Solvay, MCC, The Water Treatment Products Company, Geo Specialty Chemicals, Inc., Thermax Global, Lenntech B.V., HOLLAND COMPANY among others.
Competitive Analysis:
Global industrial wastewater treatment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of industrial wastewater treatment market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Market Drivers:
Rising concerns for aquatic ecosystems would foster the growth of the industrial wastewater treatment market
The increase in industrial and manufacturing activities and the dumping of industrial wastes have contaminated the water, thus accelerating the demand for this market
Rise in water pollution which is leading to increase in the number of water-borne diseases including typhoid, dengue, and jaundice, would stimulate the growth of industrial wastewater treatment market
Strict regulations regarding the emissions of industrial wastes and their treatment drive the growth of the market
Advancements in wastewater treatment technology would stimulate the growth of this market
Market Restraints:
High costs involved in adopting this technology hinder the growth of this market
Increased demand for alternative treatment technologies would restrain the growth of this market
Segmentation: Industrial Wastewater Treatment Market
By Type (Coagulants, Flocculants, Corrosion Inhibitors, Scale Inhibitors, Biocides & Disinfectants, Chelating Agents, Anti-Foaming Agents, ph Stabilizers, Others)
By End-Use Industry (Power Generation, Oil & Gas, Mining, Chemical, Food & Beverage, Others)
By Application (Raw Water Treatment, Water Desalination, Cooling & Boilers, Effluent Water Treatment, Others)
By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
Reasons to Purchase this Report
Current and future of global anesthesia monitoring market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
Key Insights in the report:
Complete and distinct analysis of the market drivers and restraints
Key market players involved in this industry
Detailed analysis of the market segmentation
Competitive analysis of the key players involved
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Industrial Wastewater Treatment Market - Global Industry Analysis, By Key Players, Segmentation, Trends and Forecast By 2026
Wastewater treatment is the method that is used to transform wastewater into an effluent so that it can be easily put back into the water cycle with little or no negative effect on the environment for renewed usage. Some of the most commonly used chemicals to breakdown the industrial pollutants are sodium bicarbonate, algaecide, muriatic acid, chlorine, aluminum, iron, clarifiers, coagulants, filter cleaners, flocculants etc. They are used in polluted rivers, sewage wastes, seawater to breakdown the pollutants making them safe and reusable.
Global Industrial Wastewater Treatment Market is expected to rise to an estimated value of USD 17.22 billion by 2026, registering a substantial CAGR in the forecast period of 2019-2026.
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Key Market Competitors:
Few of the major competitors currently working in industrial wastewater treatment are Ecolab, SUEZ, Kemira, SNF Group, Evoqua Water Technologies LLC, Veolia, Solenis, Feralco AB, IXOM, Hydrite Chemical, Kurita Water Industries Ltd., Dow, BWA WATER ADDITIVES., Cortec Corporation, Grupo BAUMINAS, Buckman., Akzo Nobel N.V., Solvay, MCC, The Water Treatment Products Company, Geo Specialty Chemicals, Inc., Thermax Global, Lenntech B.V., HOLLAND COMPANY among others.
Competitive Analysis:
Global industrial wastewater treatment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of industrial wastewater treatment market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Market Drivers:
Rising concerns for aquatic ecosystems would foster the growth of the industrial wastewater treatment market
The increase in industrial and manufacturing activities and the dumping of industrial wastes have contaminated the water, thus accelerating the demand for this market
Rise in water pollution which is leading to increase in the number of water-borne diseases including typhoid, dengue, and jaundice, would stimulate the growth of industrial wastewater treatment market
Strict regulations regarding the emissions of industrial wastes and their treatment drive the growth of the market
Advancements in wastewater treatment technology would stimulate the growth of this market
Market Restraints:
High costs involved in adopting this technology hinder the growth of this market
Increased demand for alternative treatment technologies would restrain the growth of this market
Segmentation: Industrial Wastewater Treatment Market
By Type (Coagulants, Flocculants, Corrosion Inhibitors, Scale Inhibitors, Biocides & Disinfectants, Chelating Agents, Anti-Foaming Agents, ph Stabilizers, Others)
By End-Use Industry (Power Generation, Oil & Gas, Mining, Chemical, Food & Beverage, Others)
By Application (Raw Water Treatment, Water Desalination, Cooling & Boilers, Effluent Water Treatment, Others)
By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
Reasons to Purchase this Report
Current and future of global anesthesia monitoring market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
Key Insights in the report:
Complete and distinct analysis of the market drivers and restraints
Key market players involved in this industry
Detailed analysis of the market segmentation
Competitive analysis of the key players involved
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Global Algaecides Market registering healthy a CAGR of 6.63% in the forecast by 2026 Top Players BASF SE, Nufarm, Lonza., UPL, Waterco, SePRO Corporation, Dow, BioSafe Systems, LLC, Airmax
Definition:
Algaecide is used to kill and prevent the growth of algae or cyanobacteria. They are of two type’s algaecide natural and synthetic algaecides. They are usually used to prevent filamentous, branched, as well as planktonic algae. Algaecide depends upon some factors like quantities of application, water chemistry, product formulation etc.
Analysis of Global Algaecides report:
Global Algaecides Market is expected to rise from its initial estimated value of USD 2.19 billion in 2018 to an estimated value of USD 3.66 billion by 2026, registering a CAGR of 6.63% in the forecast period of 2019-2026. Increasing industrialization is driving the growth of this market.
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Market Drivers:
· Increasing awareness about the conservation of the environment is driving the growth of this market
· Rising industrialization are driving the growth of this market
Market Restraints:
· Strict government regulation is restraining the growth of this market
· Its non- selective nature is another factor to restraining this market.
Leading Key players profiled in this report are:
Few of the major competitors currently working in the algaecides market are BASF SE, Nufarm, Lonza., UPL, Waterco, SePRO Corporation, Dow, BioSafe Systems, LLC, Airmax, Oreq Corporation, Lenntech B.V., Waterco, Pinch A Penny, Inc., Pool Corporation., BIOGUARD PEST MANAGEMENT, Expertos en Piscinas y Spas AstralPool., Syngenta, Bayer AG.
Global Algaecides Market Segmentation:
By Type
· Copper Sulfate
· Quaternary Ammonium Compounds
· Chelated Copper
· Peroxyacetic Acid & Hydrogen Dioxide
· Dyes & Colorants
· Other Algaecides & Disinfectants
By Applications
· Surface Water Treatment
· Aquaculture
· Sports & Recreational Centers
· Agriculture
· Other Applications
By Form
· Granular Crystal
· Liquid
· Pellet
By Mode of Action
· Non-selective Algaecides
· Selective Algaecides
By Geography
· North America
· South America
· Europe
· Asia Pacific
· Middle East And Africa
Competitive Analysis:
Global algaecides market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of algaecides market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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The Global Algaecides market report provides the global market size of the main players in each region. Moreover, the report provides knowledge of the leading markets players within the Global Algaecides market. The industry changing factors for the market segments are explored in this report. This analysis report covers the growth factors of the worldwide market based on end-users. Market opportunities and recommendations for new investments are also encompassed in this report.
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