openPR Logo
Press release

Algaecides Market Set for Steady Growth as Demand Rises to Counter Algal Infestations

08-08-2023 05:42 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Algaecides Market

Algaecides Market

Algaecides are chemical compounds used to control and prevent the growth of algae in various settings such as water bodies, swimming pools, and aquariums. They effectively inhibit algae growth, improving water quality and aesthetics. Algaecides play a vital role in maintaining cleaner and healthier aquatic environments, ensuring balance and preventing the negative impacts of algae overgrowth.

The increase in industrialization has caused effluents to be released into land and water bodies, where they serve as a breeding ground for algal growth that worsens the local environment's biology. Algal growth can have a negative effect on the environment and cause degradation if left untreated for an extended period. The demand for algaecide to treat these algae species has helped the market expansion as a result of the strict environmental regulations and efforts to control the growth of various species of algae.

The Algaecides Market Size is projected to have a value of US$ 3.04 billion in 2023 and reach a worth of US$ 5.09 billion by 2033. It is expected to see a steady growth rate of 5.3%.

Elevate Your Business: Download Our Sample Report to Harness the Enormous Potential of the Algaecides Market! https://www.futuremarketinsights.com/reports/sample/rep-gb-16712

Due to growing concern and awareness about the preservation of the environment and ecosystem in the region, Asia Pacific is currently dominating the market. The demand for algaecides in the region is being driven by the expanding activities of water treatment programs and the manufacturers' involvement in developing new algaecides products.

Although the use of algaecides on a large scale can also harm the environment, constant monitoring by the relevant authorities is done to ensure that the algaecides are used as effectively as possible. This adds to the restrictions on the usage of these algaecides and necessitates reporting to the relevant authorities over the use of algaecides. These elements could impede the market for algaecides from expanding.

Key Takeaways in Algaecides Market Research Study

- The algaecides market is expected to experience significant growth in the coming years, driven by the increasing demand for clean and safe water sources.
- The growth of recreational water activities, such as boating and fishing, is driving the demand for algaecides in these applications.
- The use of algaecides in agriculture is expected to increase as farmers look to maintain high-quality crops and reduce the risk of algae-related problems.
- The use of algaecides can help improve water quality and reduce the risk of algae-related problems in various water bodies, including lakes, rivers, and reservoirs.
- The demand for algaecides is expected to increase in various other applications, such as wastewater treatment and drinking water treatment.
- The increasing demand for clean and safe water sources and the growth of recreational water activities are expected to drive the demand for algaecides in all application segments.

Competitive Landscape in Algaecides Market

The competitive landscape of the algaecides market is highly fragmented, with leading players operating in the market. A few of the key players operating in the market include BASF SE, Solvay SA, Dow Chemical Company, Huntsman Corporation, Akzo Nobel N.V., and others.

In recent years, the algaecides market has witnessed the entry of several new players, particularly startups, in the market. The startup ecosystem in the algaecides market is growing, with many new companies exploring innovative solutions for the treatment of algae in various applications. These startups are leveraging advanced technologies such as biotechnology and nanotechnology to develop eco-friendly and cost-effective solutions for controlling algae growth.

Are you looking for deep information related to the latest trends, drivers, and challenges? Speak to Our Analyst: https://www.futuremarketinsights.com/ask-question/rep-gb-16712

Partnerships, collaborations, and mergers & acquisitions have become common strategies among the established players in the market, which has further intensified the competition in the market. The market is also witnessing an increasing trend of customization, as customers are demanding customized solutions that are tailored to their specific needs and requirements.

Recent Developments

- Lonza and ALSA ventures collaborated in May 2022 to provide biotech firms with development and manufacturing services. Lonza provides services to ALSA Ventures' portfolio companies to help with de-risking, early development, and manufacturing of next-generation modalities. This assists the company in expanding its operations.

- SePRO Corporation, a leader in the aquatics industry, signed an agreement in October 2020 to acquire Applied Biochemists and Marine Biochemists, innovators in surface water management, as well as other select business assets from Innovative Water Care, LLC d/b/a Sigura. This enabled the company to access a new set of resources to accelerate ongoing innovation and customer engagement.

Algaecides Market Key Segments

Type:

- Copper Sulfate
- Quaternary Ammonium Compounds
- Chelated Copper
- Peroxyacetic Acid & Hydrogen Dioxide
- Dyes & Colorants
- Others

Form:

- Liquid
- Dry

Mode of Action:

- Non-selective
- Selective

Application:

- Surface Water Treatment
- Aquaculture
- Sports & Recreational Centers
- Agriculture
- Others

Distribution Channel:

- Direct
- Indirect

Region:

- North America
- Latin America
- Europe
- Asia Pacific (APAC)
- The Middle East & Africa (MEA)

Contact Us:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Read Full Reports: https://www.futuremarketinsights.com/reports/algaecides-market

About Future Market Insights, Inc. (FMI)

Future Market Insights (ESOMAR-certified market research organization and a member of the Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments based on Source, Application, Sales Channel, and End Use over the next 10 years.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Algaecides Market Set for Steady Growth as Demand Rises to Counter Algal Infestations here

News-ID: 3158909 • Views:

More Releases from Future Market Insights

AI in IoT Market Set to Reach USD 172.8 Billion by 2035 with 6.4% CAGR Amid Rising Digital Transformation
AI in IoT Market Set to Reach USD 172.8 Billion by 2035 with 6.4% CAGR Amid Risi …
The AI in IoT market is witnessing rapid expansion as enterprises across industries increasingly integrate artificial intelligence with Internet of Things (IoT) systems. Valued at USD 92.9 billion in 2025, the market is projected to reach USD 172.8 billion by 2035, representing a compound annual growth rate of 6.4%. The integration of AI into IoT infrastructure enables predictive analytics, real-time monitoring, and automated control across multiple applications, transforming how businesses
Catalog Management System Market Poised to Reach USD 4.2 Billion by 2035 with Advanced Technology Integration
Catalog Management System Market Poised to Reach USD 4.2 Billion by 2035 with Ad …
The catalog management system (CMS) market is experiencing steady and strategic growth, with its value projected to rise from USD 1.9 billion in 2025 to USD 4.2 billion by 2035, reflecting a compound annual growth rate (CAGR) of 8.1%. The market expansion is primarily fueled by businesses' growing need for centralized product information, streamlined digital operations, and enhanced customer experiences across increasingly complex sales channels. As e-commerce continues to penetrate global
HIFI Electronics Market Set to Double by 2035, Driven by Premium Audio and Technological Innovation
HIFI Electronics Market Set to Double by 2035, Driven by Premium Audio and Techn …
The global HIFI electronics market is poised for remarkable growth over the next decade, projected to expand from USD 17,243.4 million in 2025 to USD 37,227.2 million by 2035. This impressive growth trajectory, representing an absolute increase of nearly USD 19,983.8 million and a compound annual growth rate (CAGR) of 8%, reflects the rising global appetite for premium audio experiences and high-fidelity sound reproduction across personal and professional applications. The expansion
Interrogation Table Market to Reach USD 435.7 Million by 2035, Driven by Security Infrastructure Expansion
Interrogation Table Market to Reach USD 435.7 Million by 2035, Driven by Securit …
The global interrogation table market, valued at USD 321.1 million in 2025, is set to grow steadily to USD 435.7 million by 2035, registering a moderate CAGR of 3.1%. This trajectory reflects a market gradually approaching maturity, where incremental demand for specialized security furniture outweighs rapid expansion. The early stage from 2025 to 2028 is expected to see modest increases in annual revenues, primarily linked to new infrastructure development across

All 5 Releases


More Releases for Algaecides

Top Trends Transforming the Agricultural Algaecides Market Landscape in 2025: In …
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations. What Will the Agricultural Algaecides Industry Market Size Be by 2025? In recent times, the market size for agricultural algaecides has seen a substantial growth. It is projected to escalate from a valuation of $3.61 billion in 2024 to around $3.86 billion in 2025, with an estimated compound annual growth rate (CAGR) of 6.8%.
ole Of Industrialization In Driving Growth In The Algaecides Market: A Key Drive …
The Algaecides Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories]. What Is the Current Algaecides Market Size and Its Estimated Growth Rate? In recent times, the algaecides market has expanded swiftly. It is predicted to escalate from a valuation of $3.9 billion in 2024, to a
Top Factor Driving Agricultural Algaecides Market Growth in 2025: Rising Agricul …
What industry-specific factors are fueling the growth of the agricultural algaecides market? The agricultural algaecides market is witnessing growth due to the expansion of the agricultural sector. This sector comprises enterprises mainly involved in the cultivation of crops, animal rearing, and fishery, which occurs in farms, ranches, and their natural habitats. By applying algaecides, the sector boosts agricultural yield by managing weeds and insect pests outside of agricultural buildings, nurseries, greenhouses,
U.S. Algaecides Market: Growth Trends, Key Drivers, and Challenges
The U.S. algaecides market was valued at US$ 562.25 million in 2023 and is projected to reach US$ 1,006.15 million by 2032, expanding at a CAGR of 6.94% during the forecast period 2024-2032. The demand for algaecides is experiencing notable growth, driven by several critical factors, including increased agricultural activities, the rise in harmful algal blooms (HABs), expansion in aquaculture, and growing public awareness regarding water quality management. The Request of
Algaecides Market Size, Industry Share | Forecast, 2033
The new report published by The Business Research Company, titled ""Agricultural Algaecides Market Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends. As per the report, the agricultural algaecides market size has grown strongly in recent years. It will grow from $3.41 billion in
NA Algaecides Market 2023 - Growth, Trends, Market Size
The NA Algaecides Market 2023 Report makes available the current and forthcoming technical and financial details of the industry. It is one of the most comprehensive and important additions to the Prudent Markets archive of market research studies. It offers detailed research and analysis of key aspects of the global NA Algaecides market. This report explores all the key factors affecting the growth of the global NA Algaecides market, including