Press release
Global Algaecides Market Growth, Share, Size, Trends, and Forecast (2023 - 2032) | BASF SE, N. Jonas & Company Inc., Sanco Industries Inc., Lonza Group AG, UPL Aquatics
Algaecides Market Report
As per the algaecides market report by The Business Research Company, increasing industrialization and the resultant pollution levels are expected to propel the growth of the algaecide market going forward. Industrialization refers to the process, by which an economy is converted from a primarily agricultural one to one based on the manufacturing of goods. The industrialization has led to environmental degradation in terms of industrial pollution, algaecides are helpful in the prevention of these pollutants.
The global algaecides market size grew from $3.14 billion in 2022 to $3.44 billion in 2023 at a compound annual growth rate (CAGR) of 9.5%. The algaecides market size is expected to grow to $4.89 billion in 2027 at a CAGR of 9.2%.
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https://www.thebusinessresearchcompany.com/report/algaecides-global-market-report
Major competitors in the algaecides market include BASF SE, N. Jonas & Company Inc., Sanco Industries Inc., Lonza Group AG, UPL Aquatics, SePRO Corporation, Waterco, BioSafe Systems LLC, Oreq Corporation, Aquatic Technologies, The Dow Chemical Company, Phoenix Products Co, Expertos en Piscinas y Spas AstralPool, Weifang Maochen Chemical Co. Ltd.,and Airmax.
The algaecides market is segmented -
•By Type: Copper sulfate, Chelated copper, Quaternary ammonium compounds, Peroxyacetic acid and hydrogen dioxide, Other Type
•By Form: Granular crystal, Liquid, Pellet
•By Application: Surface Water Treatment, Aquaculture, Sports and Recreational centres, Agriculture, Other Application
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the algaecides market.
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Algaecides refer to an algicide, which is a biocide that eradicates the growth of algae. Algaecides are used to prevent macrophyte and photosynthesis harvesting that engages with bloom formation.
The Table Of Content For The Algaecides Market Include:
1. Executive Summary
2. Algaecides Market Characteristics
3. Algaecides Market Trends And Strategies
4. Algaecides Market - Macro Economic Scenario
5. Algaecides Market Size And Growth
……
26. Africa Algaecides Market
27. Algaecides Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Algaecides Market
29. Algaecides Market Future Outlook and Potential Analysis
30. Appendix
The "Global Algaecides Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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