Global Algaecides Market Growth at 6.52%, 2016-2022 Analysis & Forecasts - Research and Markets
DUBLIN, Dec 6, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Algaecides Market by Type (Copper Sulfate, Chelated Copper, QAC, Peroxyacetic Acid & Hydrogen Dioxide), Application (Surface Water Treatment, Aquaculture, Sports & Recreational Centers, Agriculture), Form, and Region - Global Forecast to 2022" report to their offering.
The algaecides market is projected to grow at a CAGR of 6.52% from 2016 to 2022, to reach a projected value of USD 2.79 Billion by 2022
Algaecide products and water treatment services for algal control have been gaining significance from the last decade 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 driving the growth of the algaecides market globally.
The application of algaecides is the largest in aquaculture because of the organized development of aquaculture in both, freshwater and marine areas for maintaining water quality and increased incidence of algal bloom in the North American and Latin American regions which affects the fish and mussel farmers in the region.
The larger demand for copper sulfate is attributed to its effectiveness against all species of algae and its increasing usage in wastewater treatment. Granular algaecides, on the basis of form, accounted for the largest market share in 2015 owing to its higher dissolution and penetration into the algal cells and easier handling process.
In 2015, on the basis of mode of action, the non-selective algaecides segment dominated the market, due to the high preference of copper sulfate and quaternary ammonium compounds to control a wide range of algal species.
Leading players profiled in this report are as follows:
- BASF SE (Germany)
- The Dow Chemical Company (U.S.)
- Nufarm Limited (Australia)
- Lonza Group AG (Switzerland)
- UPL Limited (India)
- SePRO Corporation (U.S.)
- Waterco Limited (Australia)
- BioSafe Systems, LLC (U.S.)
- Airmax, Inc. (U.S.)
- Oreq Corporation (U.S.)
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Algaecides Market, By Type
7 Algaecides Market, By Application
8 Algaecides Market, By Form
9 Algaecides Market, By Mode of Action
10 Algaecides Market, By Region
11 Competitive Landscape
12 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/v5wq7n/algaecides_market
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