The global Algaecides market was valued at USD 1.91billion in 2016 and is projected to reach USD 3.36billionby 2025, growing at a CAGR of 6.51% from 2017 to 2025.
Algaecide or algaecide is a biocide used for killing and preventing the growth of algae. Due to increasing algal bloom cases caused by industrial waste disposal and cost benefits of the product, the market is expected to grow at a high CAGR.
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 High Efficiency and Ease of Use
1.2 Increasing Industrialization and the Resultant Pollution Levels
2. Market Restraints
2.1 Regulatory Issues
2.2 Constraints in operational procedure
2.3 Aquatic pesticide monitoring
Market Segmentation:
1. By Mode of Action:
1.1 Non-Selective Algaecides
1.2 Selective Algaecides
2. By Form:
2.1 Granular Crystal
2.2 Liquid
2.3 Pellet
3. By Application:
3.1 Surface Water Treatment
3.2 Aquaculture
3.3 Sports & Recreational Centers
3.4 Agriculture
3.5 Other Applications
4. By Type:
4.1 Copper Sulfate
4.2 Quaternary Ammonium Compounds
4.3 Chelated Copper
4.4 Peroxyacetic Acid & Hydrogen Dioxide
4.5 Dyes & Colorants
4.6 Other Algaecides & Disinfectants
5. By Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. BASF SE
2. Nufarm Limited
3. Lonza Group AG
4. UPL Limited
5. Waterco Limited
6. Sepro Corporation
7. The DOW Chemical Company
8. Biosafe Systems, LLC
9. Airmax, Inc.
10. Oreq Corporation
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Algaecidesmarketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.
1 INTRODUCTION OF GLOBAL ALGAECIDESMARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL ALGAECIDESMARKETOUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
4.5 Regulatory Framework
5 GLOBAL ALGAECIDES MARKET, BY MODE OF ACTION:
5.1 Non-Selective Algaecides
5.2 Selective Algaecides
6 GLOBAL ALGAECIDES MARKET, BY FORM:
6.1 Granular Crystal
6.2 Liquid
6.3 Pellet
7 GLOBAL ALGAECIDES MARKET, BY APPLICATION:
7.1 Surface Water Treatment
7.2 Aquaculture
7.3 Sports & Recreational Centers
7.4 Agriculture
7.5 Other Applications
8 GLOBAL ALGAECIDES MARKET, BY TYPE:
8.1 Copper Sulfate
8.2 Quaternary Ammonium Compounds
8.3 Chelated Copper
8.4 Peroxyacetic Acid & Hydrogen Dioxide
8.5 Dyes & Colorants
8.6 Other Algaecides & Disinfectants
9 GLOBAL ALGAECIDESMARKET, BY GEOGRAPHY
9.1 Overview
9.2 North AmericaRegional Market Estimates and Forecasts, 2012 - 2025
9.2.1 U.S.
9.2.2 Canada
9.2.3 Mexico
9.3 EuropeRegional Market Estimates and Forecasts, 2012 - 2025
9.3.1 Germany
9.3.2 U.K.
9.3.3 France
9.3.4 Rest of Europe
9.4 Asia PacificRegional Market Estimates and Forecasts, 2012 - 2025
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 Rest of Asia Pacific
9.5 Latin AmericaRegional Market Estimates and Forecasts, 2012 - 2025
9.5.1 Brazil
9.5.2 Argentina
9.6 Rest of the WorldRegional Market Estimates and Forecasts, 2012 - 2025
10 GLOBAL ALGAECIDESMARKETCOMPETITIVE LANDSCAPE
10.1 Overview
10.2 Company Market Share
10.3 Vendor Landscape
10.4 Key Development Strategies
11 COMPANY PROFILES
11.1 BASF SE
11.1.1 Overview
11.1.2 Financial Performance
11.1.3 Product Outlook
11.1.4 Key Developments
11.2 Nufarm Limited
11.2.1 Overview
11.2.2 Financial Performance
11.2.3 Product Outlook
11.2.4 Key Developments
11.3 Lonza Group AG
11.3.1 Overview
11.3.2 Financial Performance
11.3.3 Product Outlook
11.3.4 Key Developments
11.4 UPL Limited
11.4.1 Overview
11.4.2 Financial Performance
11.4.3 Product Outlook
11.4.4 Key Developments
11.5 Waterco Limited
11.5.1 Overview
11.5.2 Financial Performance
11.5.3 Product Outlook
11.5.4 Key Developments
11.6 Sepro Corporation
11.6.1 Overview
11.6.2 Financial Performance
11.6.3 Product Outlook
11.6.4 Key Developments
11.7 The DOW Chemical Company
11.7.1 Overview
11.7.2 Financial Performance
11.7.3 Product Outlook
11.7.4 Key Developments
11.8 Biosafe Systems, LLC
11.8.1 Overview
11.8.2 Financial Performance
11.8.3 Product Outlook
11.8.4 Key Developments
11.9 Airmax, Inc.
11.9.1 Overview
11.9.2 Financial Performance
11.9.3 Product Outlook
11.9.4 Key Development
11.10 Oreq Corporation
11.10.1 Overview
11.10.2 Financial Performance
11.10.3 Product Outlook
11.10.4 Key Development
12 Appendix
12.1 Related Reports