Global Algaecides Market
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
<strong>Global</strong> <strong>Algaecides</strong> <strong>Market</strong> was valued at US$ 1.90 Bn in 2017 and is expected to reach US$ 3.15 Bn by<br />
2026, at a CAGR of 6.55 % during a forecast period.<br />
<strong>Global</strong> <strong>Algaecides</strong> <strong>Market</strong><br />
The objective of the report is to present a comprehensive assessment of the market and contains<br />
thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable<br />
set of assumptions and methodology. The report also helps in understanding <strong>Algaecides</strong> market dynamics,<br />
structure by identifying and analyzing the market segments and project the global market size. Further,<br />
report also focus on competitive analysis of key players by product, price, financial position, product<br />
portfolio, growth strategies and regional presence. The report also provide PEST analysis, PORTER’s<br />
analysis, SWOT analysis to address question of shareholders to prioritizing the efforts and investment in<br />
near future to emerging segment in <strong>Algaecides</strong> market.<br />
<strong>Algaecides</strong> are the biocides, used to kill and prevent the growth of algae. Algaecide is gaining prosperous<br />
in the global market from last few decades owing to its algal control property also algae blooms in the<br />
marine coastlines, freshwater lakes, or estuaries. Algae yield toxins as it blooms in water, which is<br />
reflected dangerous for freshwater and marine environments, and for humans. The action of an algae can<br />
be selective as well as non-selective. The selectivity of an algaecide depends upon aspects such as water<br />
chemistry, quantity of application product formulation, and the species to be preserved.<br />
There has been a growth in the use of algaecides for agricultural purposes during the few decades and is<br />
likely to increase in the forecast period as well due to the rise in better agricultural practices across the<br />
world. <strong>Algaecides</strong> used for agricultural purposes need to be registered and approved by governments so<br />
that the chances of its harmful effects are reduced. High efficiency and ease of use and increasing<br />
industrialization and the resultant pollution levels are the major drivers for the algaecides market during<br />
the forecast period. Whereas regulatory issues and aquatic pesticide monitoring is the restraining factor<br />
of the market. Nevertheless, highly efficient and innovative algaecide formulations may open up new<br />
growth opportunities in the global market.
Based on type the algaecides is segmented into different types, among them copper sulfate holds the<br />
largest share in the global market. The larger demand of copper sulfate in the wastewater treatment<br />
attributed to its effectiveness against all the species of algae.<br />
Based on form, granular segment accounts the largest CAGR based on its effectiveness and higher<br />
penetration in the algal cells during the forecast period.<br />
In terms of application, aquaculture segment is projected to be dominating the market with a potential<br />
growth over the estimated period. Aquaculture is the largest application because of the organized<br />
development of aquaculture in both freshwater and marine areas for maintaining water quality.<br />
Geographically, North America is expected to be the fastest-growing regional market between 2016 and<br />
2026. It was also the largest regional market for algaecides in 2017. Nutrient pollution, leads to algal<br />
blooms is one of the critical, costly, and challenging environmental problems which is extensive in North<br />
America. Therefore, with the aid of efficient infrastructure, government initiatives, and innovations<br />
resulting from research & development, the algaecides market is expected to grow at the highest rate in<br />
this region.<br />
For more information https://www.maximizemarketresearch.com/market-report/global-algaecidesmarket/25584/<br />
The Scope of <strong>Global</strong> <strong>Algaecides</strong> <strong>Market</strong>:<br />
<strong>Global</strong> <strong>Algaecides</strong> <strong>Market</strong>, by Type:<br />
• Copper Sulfate<br />
• Chelated Copper<br />
• Quaternary ammonium compounds<br />
• Peroxyacetic Acid & Hydrogen Dioxide<br />
• Others<br />
<strong>Global</strong> <strong>Algaecides</strong> <strong>Market</strong>, by Form:<br />
• Granular crystal<br />
• Liquid<br />
• Pellet<br />
<strong>Global</strong> <strong>Algaecides</strong> <strong>Market</strong>, by Application:<br />
• Surface water treatment<br />
• Aquaculture<br />
• Sports & recreational centers<br />
• Agriculture<br />
• Others
<strong>Global</strong> <strong>Algaecides</strong> <strong>Market</strong>, by Region:<br />
• North America<br />
• Europe<br />
• Middle East & Africa<br />
• Asia Pacific<br />
• South America<br />
Key Players Operating In <strong>Global</strong> <strong>Algaecides</strong> <strong>Market</strong>:<br />
• BASF SE<br />
• The Dow Chemical Company<br />
• Nufarm Limited<br />
• Lonza Group AG<br />
• UPL Limited<br />
• SePRO Corporation<br />
• Waterco Limited<br />
• BioSafe Systems<br />
• Airmax, Inc.<br />
• Oreq Corporation<br />
This report is submitted by Maximize market Research company<br />
Customization of the report:<br />
Maximize <strong>Market</strong> Research provides free personalized of reports as per your demand. This report can be<br />
personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide<br />
you to get a report that suits your necessities.<br />
About Maximize <strong>Market</strong> Research:<br />
Maximize <strong>Market</strong> Research provides B2B and B2C research on 20,000 high growth emerging opportunities<br />
& technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics &<br />
Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other<br />
manufacturing sectors.<br />
Contact info:<br />
Name: Lumawant Godage<br />
Organization Address: MAXIMIZE MARKET RESEARCH PVT. LTD.
Email: sales@maximizemarketresearch.com<br />
: Omkar Heights, Sinhagad Road, Manik Baug, Vadgaon Bk,Pune, Maharashtra 411051, India.<br />
Contact: +919607195908