Global 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.
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.
Market Driver
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.
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.
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.
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.
By Type Copper Sulfate Chelated Copper QAC Peroxyacetic Acid & Hydrogen Dioxide
By Form Granular Crystal Liquid Pellet
By Mode of Action Non-Selective Algaecides Selective Algaecides
North America
Europe Asia-Pacific
Middle East & Africa
Latin America
Opportunities in Global Algaecides Market?
What will be the growth rate from 2019 to 2030?
Which segment/region will have highest growth?
What are the factors that will impact/drive the Market?
What is the competitive Landscape in the Industry?
What is the role of key players in the value chain?
What are the strategies adopted by key players?
Global Algaecides Market TOC
1 Introduction 1.1 Objective of the Study 1.2 Market definition 1.3 Market Scope
2 Research Methodology
2.1 Data Mining 2.2 Validation 2.3 Primary Interviews 2.4 List of Data Sources
3 Executive Summary 4 Global Algaecides Market Outlook 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
5 Global Algaecides Market, By Type 5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Algaecides Market Share Analysis, By Type
5.3 Global Algaecides Market Size and Forecast, By Type 5.3.1 Copper Sulfate
5.3.2 Chelated Copper
5.3.3 QAC
5.3.4 Peroxyacetic Acid & Hydrogen Dioxide
6 Global Algaecides Market, By Application 6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Algaecides Market Share Analysis, By Application
6.3 Global Algaecides Market Size and Forecast, By Application 6.3.1 Surface Water Treatment
6.3.2 Aquaculture
6.3.3 Sports & Recreational Centers
6.3.4 Agriculture
7 Global Algaecides Market, By Form 7.1 Y-o-Y Growth Comparison, By Form
7.2 Global Algaecides Market Share Analysis, By Form
7.3 Global Algaecides Market Size and Forecast, By Form 7.3.1 Granular Crystal
7.3.2 Liquid
7.3.3 Pellet
8 Global Algaecides Market, By Mode of Action 8.1 Y-o-Y Growth Comparison, By Mode of Action
8.2 Global Algaecides Market Share Analysis, By Mode of Action
8.3 Global Algaecides Market Size and Forecast, By Mode of Action 8.3.1 Non-Selective Algaecides
8.3.2 Selective Algaecides 9Global Algaecides Market, By Region 9.1 Global Algaecides Market Share Analysis, By Region
9.2 Global Algaecides Market Share Analysis, By Region
9.3 Global Algaecides Market Size and Forecast, By Region
10 North America Algaecides Analysis and Forecast (2020 – 2030) 10.1 Introduction
10.2 North America Algaecides Product Market Share Analysis, By Type
10.3 North America Algaecides Product Market Size and Forecast, By Application
10.4 North America Algaecides Product Market Size and Forecast, By Form
10.5 North America Algaecides Product Market Size and Forecast, By Mode of Action
10.6 North America Algaecides Product Market Size and Forecast, By Country
10.6.1 U.S. 10.6.2 Canada 10.6.3 Mexico
11Europe Algaecides Market Analysis and Forecast (2020 – 2030) 11.1 Introduction
11.2 Europe Algaecides Product Market Share Analysis, By Type
11.3 Europe Algaecides Product Market Size and Forecast, By Application
11.4 Europe Algaecides Product Market Size and Forecast, By Form
11.5 Europe Algaecides Product Market Size and Forecast, By Mode of Action
11.6 Europe Algaecides Product Market Size and Forecast, By Country
11.6.1 Germany 11.6.2 France 11.6.3 UK
11.64. Rest of Europe
12Asia Pacific Algaecides Market Analysis and Forecast (2020 – 2030) 12.1 Introduction
12.2 Asia Pacific Algaecides Product Market Share Analysis, By Type
12.3 Asia Pacific Algaecides Product Market Size and Forecast, By Application
12.4 Asia Pacific Algaecides Product Market Size and Forecast, By Form
12.5 Asia Pacific Algaecides Product Market Size and Forecast, By Mode of Action
12.6 Asia Pacific Algaecides Product Market Size and Forecast, By Country
12.6.1 China 12.6.2 Japan 12.6.3 India
12.6.4. Rest of Asia Pacific
13Latin America Algaecides Market Analysis and Forecast (2020 – 2030) 13.1 Introduction
13.2 Latin America Algaecides Product Market Share Analysis, By Type
13.3 Latin America Algaecides Product Market Size and Forecast, By Application
13.4 Latin America Algaecides Product Market Size and Forecast, By Form
13.5 Latin America Algaecides Product Market Size and Forecast, By Mode of Action
13.6 Latin America Algaecides Product Market Size and Forecast, By Country
14Middle East Algaecides Market Analysis and Forecast (2020 – 2030) 14.1 Introduction
14.2 Middle East Algaecides Product Market Share Analysis, By Type
14.3 Middle East Algaecides Product Market Size and Forecast, By Application
14.4 Middle East Algaecides Product Market Size and Forecast, By Form
14.5 Middle East Algaecides Product Market Size and Forecast, By Mode of Action
14.6 Middle East Algaecides Product Market Size and Forecast, By Country
15Competitive Analysis 15.1 Competition Dashboard 15.2 Market share Analysis of Top Vendors 15.3 Key Development Strategies
16Company Profiles
16.1 BASF SE 16.1.1 Overview 16.1.2 Offerings 16.1.3 Key Financials 16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Dow 16.2.1 Overview 16.2.2 Offerings 16.2.3 Key Financials 16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Lonza Group 16.3.1 Overview 16.3.2 Offerings 16.3.3 Key Financials 16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 SePRO Corporation 16.4.1 Overview 16.4.2 Offerings 16.4.3 Key Financials 16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Nufarm 16.5.1 Overview 16.5.2 Offerings 16.5.3 Key Financials 16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 UPL Limited 16.6.1 Overview 16.6.2 Offerings 16.6.3 Key Financials 16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 BioSafe Systems 16.7.1 Overview 16.7.2 Offerings 16.7.3 Key Financials 16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Airmax, Inc
16.8.1 Overview 16.8.2 Offerings 16.8.3 Key Financials 16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Oreq Corporation
16.9.1 Overview 16.9.2 Offerings 16.9.3 Key Financials 16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 N. Jonas & Company, Inc
16.10.1 Overview 16.10.2 Offerings 16.10.3 Key Financials 16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies
