Algaecides Market Size, Share & Trends: Report

Posted 2024-01-16 09:25:13

"An excellent Algaecides Market report estimates the global Algaecides Market industry in terms of revenue [USD Million] and quantity [k MT], assessing the market volume in recent years. The report also highlights key controllers and drivers determining market expansions, uncovering the estimate of the market for the predicted time. The report emphasizes emergent trends related to the development possibilities of the market. Moreover, this business research document includes the main product category and industry key segments, as well as the sub-segments of the global Algaecides Market. The total value sequence of the market is portrayed in the report linked with the analysis of the downstream and upstream constituents of the market.

The Algaecides Market report is enriched with historic data, current market trends, market environment, technological innovation, upcoming technologies, and technical progress in the related industry. The forecast, analysis, and estimations carried out in this report are based on the finest and well-established tools and techniques, such as SWOT analysis and Porter’s Five Forces analysis. The report also measures market drivers, restraints, challenges, opportunities, and key developments in the market. Competitive intelligence covered in the finest Algaecides Market report is another crucial aspect that assists businesses in thriving in the market.

Explore Further Details about This Research Algaecides Market Report https://www.databridgemarketresearch.com/reports/global-algaecides-market

The algaecides are widely used to kill algae and prevent their growth. It is used to kill phytoplankton and also used to prevent or reduce large blooms. It is available in the market in different forms such as liquid, granular, and pallets. It is injected into or sprayed onto surface waters. Rising demand for algaecides in various end use applications such as aquaculture and surface water treatment and a spike in demand for air conditioning systems are drivers for the global algaecides market.

These algaecides are used to prevent photosynthesis and macrophyte harvesting that engages with bloom formation or reduce blooms when they occur. Data Bridge Market Research analyses that the algaecides market is expected to reach the value of USD 7,127.56 million by the year 2029, at a CAGR of 6.9% during the forecast period. "Aquaculture" accounts for the most prominent application segment in the respective market owing to rise in algaecides in water fields. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

REPORT METRIC	DETAILS
Forecast Period	2022 to 2029
Base Year	2021
Historic Years	2020 (Customizable to 2019 - 2014)
Quantitative Units	Revenue in USD Million, Pricing in USD
Segments Covered	Type (Copper Sulfate, Quaternary Ammonium Compounds, Chelated Copper, Peroxyacetic Acid & Hydrogen Dioxide, Dyes & Colorants, Others), Form (Liquid and Dry), Mode of Action (Non-Selective and Selective), Application (Surface Water Treatment, Aquaculture, Sports & Recreational Centers, Agriculture, Others), Distribution Channel (Direct and Indirect)
Countries Covered	U.S., Canada, Mexico, U.K., Russia, France, Spain, Italy, Germany, Turkey, Netherlands, Switzerland, Belgium, Rest of Europe, China, India, Indonesia, Thailand, Japan, Malaysia, Philippines, South Korea, Australia, New Zealand, Singapore, Rest of Asia-Pacific, Brazil, Argentina, Costa Rica, Panama, Rest of South America, Egypt, Saudi Arabia, United Arab Emirates, South Africa, Israel and Rest of the Middle East and Africa
Market Players Covered	BASF SE (Germany), Lonza (Switzerland), SePRO Corporation (U.S.), BioSafe Systems, LLC (U.S.), N. Jonas & Company, Inc. (U.S.), UPL (India), Phoenix Products Co. (U.S.), Weifang Maochen Chemical Co., Ltd. (China), Airmax (U.S.), Oreq (U.S.)

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Market Definition

Algaecide is used to kill and prevent the growth of algae or cyanobacteria. They are two types of algaecide, which comprise natural and synthetic algaecides. They are usually used to prevent filamentous, branched, as well as planktonic algae. Algaecide depends upon some factors such as quantities of application, water chemistry, and product formulation, among others. There are various types of algaecides

Copper Sulfate: (CuSO4) is an inorganic compound and is widely used to prevent blue-green algae as blue-green algae are more sensitive to the effects of copper than other algae.

Chelated Copper: It works better than copper sulfate algaecides as it prevents both filamentous and planktonic algae.

Quaternary Ammonium Compounds: It works better against the green algae as it destroys their cellular membrane. It is not expensive and widely used for swimming pools.

Peroxyacetic Acid & Hydrogen Dioxide: It is a non-toxic algaecide that oxidizes fungi (including spores), bacteria, and viruses. It works on phytopathogenic organisms.

Dyes & Colorants: It is a type of algaecide that enhances the appearance of water features with a colorant such as blue. It also controls the growth of several types of aquatic weeds and algae.

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