Press release
Algaecides Market Insights on Trends, Drivers and Opportunities by 2023 & key players - BASF Corporation, The Dow Chemical Company, SePRO Corporation, Linntech B.V, Waterco and Lonza.
Algaecides Market was valued at USD 1.680 Billion in 2017 and projected to reach USD 2.479 Billion by 2023 growing at a CAGR of 5.58% during the forecast period 2018 to 2023.
Algaecides Market Overview:
Algaecides are biocides used to eliminate or limit the growth of algae or cyanobacteria. These compounds are used to treat various species of filamentous, branched algae, as well as planktonic algae. The main applications of algaecides include agriculture, aquaculture, recreational and sports sites and surface water treatment. The granular algaecides are the dominating form segment in the global market due to higher dissolution and penetration. North America owns most of the world algaecides market.
Browse details of 163 number of pages research report developed on Algaecides Market @ https://www.researchcosmos.com/reports/algaecides-market-research-report-2017-global-industry-overview-trends-analysis-and-future-forec/7414202
Algaecides Market Growth Drivers and Restraints:
Algaecides are biocides, which are used to kill and prevent the growth of algae. Barley straws covered with mesh bags can float in water gardens or fish ponds to control the growth of algae without harming the plants and animals in the ponds. The algaecides is gaining popularity in the global market in recent decades due to its algae control property. Algae proliferate on marine coasts, freshwater lakes or estuaries. The algae produce toxins when they bloom in water, which is considered dangerous for marine and freshwater environments and for humans.
It is expected that the emergence of prevention and control measures to control the growth of algae will lead to the growth of the global algaecides market. The market for algaecides is gaining importance due to the growing need to prevent environmental degradation and pollution generated by the intensification of industrialization activities; this, in turn, should lead to the growth of the global market in the coming years. However, highly effective and innovative algaecides formulations can open up new opportunities for growth in the global market.
Geographic Insights of Algaecides Market:
North America owns most of the world algaecides market due to growing environmental problems. The increase in algaecides applications in aquaculture due to the organized development of marine and freshwater aquaculture also contributes to the growth of the world market in this region. It could maintain water quality and increase the production of algae in Latin America and North America. This could positively influence the global market. The focus on the control of environmental pollution in North America is supported by a regulatory framework mainly in the United States; this could lead to an increased demand for algaecides in this area.
Ask Free Sample of the report @ https://www.researchcosmos.com/request/algaecides-market-research-report-2017-global-industry-overview-trends-analysis-and-future-forec/7414202
Key Market Players of Algaecides Market:
BASF Corporation, The Dow Chemical Company, SePRO Corporation, Linntech B.V, Waterco and Lonza
Algaecides Market Key Segmentation:
By Type:
• Copper-based
• Quaternary Ammonia
• Others
By Application:
• Agriculture
• Aquaculture
• Surface water treatment
• Others
By Region:
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle-East & Africa
For any queries, inquire more @ https://www.researchcosmos.com/inquire/algaecides-market-research-report-2017-global-industry-overview-trends-analysis-and-future-forec/7414202
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Research Cosmos is a provider of standard and customized market research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending market reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.
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Kevin Stewart
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Research Cosmos
www.researchcosmos.com
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