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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· Increasing awareness about the conservation of the environment is driving the growth of this market
· Rising industrialization are driving the growth of this market
· 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:
· Copper Sulfate
· Quaternary Ammonium Compounds
· Chelated Copper
· Peroxyacetic Acid & Hydrogen Dioxide
· Dyes & Colorants
· Other Algaecides & Disinfectants
· Surface Water Treatment
· Sports & Recreational Centers
· Other Applications
· Granular Crystal
By Mode of Action
· Non-selective Algaecides
· Selective Algaecides
· North America
· South America
· Asia Pacific
· Middle East And Africa
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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