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Middle East and Africa Algaecides Market - Industry Trends and Forecast to 2029

  • Agriculture And Animal Feed
  • Published Report
  • May 2022
  • MEA
  • 350 Pages
  • No of Tables: 56
  • No of Figures: 28

Middle East and Africa Algaecides Market, By Type (Copper Sulfate, Quaternary Ammonium Compounds, Chelated Copper, Peroxyacetic Acid & Hydrogen Dioxide, Dyes & Colorants, Others), Form (Liquid and Dry), Mode of Action (Non-Selective and Selective), Application (Surface Water Treatment, Aquaculture, Sports & Recreational Centers, Agriculture, Others), Distribution Channel (Direct and Indirect) – Industry Trends and Forecast to 2029

Middle East and Africa Algaecides Market

Market Analysis and Size

The algaecides are widely used to kill algae and prevent their growth. It is used to kill phytoplankton and also used to prevent or reduce large blooms. It is available in the market in different forms such as liquid, granular, and pallets. It is injected into or sprayed onto surface waters. Rising demand for algaecides in various end use applications such as aquaculture and surface water treatment and a spike in demand for air conditioning systems are drivers for the Middle East and Africa algaecides market.

These algaecides are used to prevent photosynthesis and macrophyte harvesting that engages with bloom formation or reduce blooms when they occur. Data Bridge Market Research analyses that the algaecides market is expected to reach the value of USD 218.82 million by the year 2029, at a CAGR of 6.2% during the forecast period. "Aquaculture" accounts for the most prominent application segment in the respective market owing to rise in algaecides in water fields. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2019 - 2014)

Quantitative Units

Revenue in USD Million, Pricing in USD

Segments Covered

Type (Copper Sulfate, Quaternary Ammonium Compounds, Chelated Copper, Peroxyacetic Acid & Hydrogen Dioxide, Dyes & Colorants, Others), Form (Liquid and Dry), Mode of Action (Non-Selective and Selective), Application (Surface Water Treatment, Aquaculture, Sports & Recreational Centers, Agriculture, Others), Distribution Channel (Direct and Indirect)

Countries Covered

Egypt, Saudi Arabia, United Arab Emirates, South Africa, Israel and rest of the Middle East and Africa

Market Players Covered

BASF SE (Germany), Lonza (Switzerland), UPL (India), Weifang Maochen Chemical Co., Ltd. (China), Airmax (U.S.)

Market Definition

Algaecide is used to kill and prevent the growth of algae or cyanobacteria. They are two types of algaecide, which comprise natural and synthetic algaecides. They are usually used to prevent filamentous, branched, as well as planktonic algae. Algaecide depends upon some factors such as quantities of application, water chemistry, and product formulation, among others. There are various types of algaecides

Copper Sulfate: (CuSO4) is an inorganic compound and is widely used to prevent blue-green algae as blue-green algae are more sensitive to the effects of copper than other algae.

Chelated Copper: It works better than copper sulfate algaecides as it prevents both filamentous and planktonic algae.

Quaternary Ammonium Compounds: It works better against the green algae as it destroys their cellular membrane. It is not expensive and widely used for swimming pools.

Peroxyacetic Acid & Hydrogen Dioxide: It is a non-toxic algaecide that oxidizes fungi (including spores), bacteria, and viruses. It works on phytopathogenic organisms.

Dyes & Colorants: It is a type of algaecide that enhances the appearance of water features with a colorant such as blue. It also controls the growth of several types of aquatic weeds and algae.

Regulatory Framework

  • Regulation (EU) No 528/2012, stated that, Alguinet, with the active substance copper sulphate pentahydrate, at a level of 100% w/w, may be authorized for use as an algaecide (product-type 02) for the control of algal growth by trained professional, professional and non-professional users.

COVID-19 had a Minimal Impact on Algaecides Market

COVID-19 impacted various manufacturing industries in the year 2020-2021 as it led to the closure of workplaces, disruption of supply chains, and restrictions on transportation. However, no significant impact was noticed on their algaecides Middle East and Africa operations and supply chain, as import and export of vaccines and essential goods led to increasing demand of algaecides. With this growing awareness and governmental push to the research and development and introducing new kind of algaecides increasing the growth of algaecides market.

The Market Dynamics of the Algaecides Market Include:

Drivers/Opportunities faced by the Algaecides Market

  • Rise in concern and awareness regarding the conservation of the environment and ecosystem

Rising awareness regarding the harmful effects of algae formation pushes consumers to use algaecides. Algae lead to damage health of marine as well as human health. To prevent or stop algae formation, many government bodies and manufacturers are focused on people being aware and customers about algaecides. Hence, rising concern and awareness regarding the conservation of the environment and ecosystem leads to the market's growth.

  • Rise in demand for algaecides in various end use applications such as aquaculture and surface water treatment

Algaecides are widely used for both aquaculture and surface water treatment. Many companies and manufacturers are providing algaecides to prevent the growth of algae and help in the efficient working of aquaculture and surface water treatment. Thus, the rising demand for algaecides in various end-use applications such as aquaculture and surface water treatment leads to the market's growth.

  • Spike in demand for air conditioning systems

Algaecides are widely used to treat and clean the algae formation in the air conditioners. With the increased demand for air conditioners across the globe, the demand for algaecides is expected to grow in the future. Thus spike in demand for air conditioning systems will lead to the market's growth.

  • Increase in disposable income of consumers

People nowadays prefer to live a luxurious lifestyle. Even apartments in metro cities have mini balcony swimming pools attached to them, which has also increased the demand for algaecides in-home usage. Disposable income plays an important role in the growth of the algaecides market as the increased disposable income allows individuals to live a quality lifestyle. the increasing disposable income of consumers across the globe increased customers' purchasing power and improved their quality of living, thus giving great growth opportunities to the Middle East and Africa algaecides market.

Restraints/Challenges faced by the Algaecides Market

  • Stringent government regulation on algaecides

Varied associations such as EPA and E.U. have applied regulations or guidelines for algaecides' application, usage, and transportation. The E.U. Commission has confirmed that certain silver compounds will not be approved for use in biocidal (such as antimicrobial) products. This could have implications within and beyond the E.U., including in the U.S. and in the other markets where various "silver-treated" products are manufactured for distribution worldwide. Therefore, stringent government regulations and guidelines for the usage and direct application of algaecides that may be harmful to any living being, such as humans or animals, are expected to restrain the growth of the algaecides market

  • Supply chain disruption

The COVID-19 pandemic caused a sudden lockdown in many parts of the world to prevent the spread of the virus, which resulted in the rapid closing down of factories and shops, among others. The problems faced by workers, laborers, wagers, and manufacturers worldwide and the disrupted supply chain across the globe due to the COVID-19 outbreak and the Russia-Ukraine war are expected to pose a challenge for the growth of the Middle East and Africa algaecides market.

This Middle East and Africa algaecides market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Algaecides market contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.

Recent Developments

  • In May 2022, Lonza and ALSA ventures collaborated to provide development and manufacturing services for biotech firms. Lonza will support ALSA Ventures' portfolio companies with services supporting de-risking, early development, and manufacturing of next-generation modalities. This will help the company to expand its businesses.
  • In June 2021, UPL received the Asian Sustainability Leadership Award for showing excellence in sustainability performance management for displaying their commendable commitment to sustainability. This award gave global recognition to the company.

Middle East and Africa Algaecides Market Scope

The Middle East and Africa algaecides market is segmented on the basis of type, mode of action, form, application, and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

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

On the basis of type, the Middle East and Africa algaecides market is segmented into copper sulfate, quaternary ammonium compounds, chelated copper, peroxyacetic acid & hydrogen dioxide, dyes & colorants, other.

Mode of Action

  • Non-Selective
  • Selective

On the basis of mode of action, the Middle East and Africa algaecides market is segmented into non-selective and selective.

Form

  • Liquid
  • Dry

On the basis of form, Middle East and Africa algaecides market is segmented into liquid and dry.

Application

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

On the basis of application, the Middle East and Africa algaecides market is segmented into surface water treatment, aquaculture, sports & recreational centers, agriculture, and others.

Distribution Channel

  • Indirect
  • Direct

On the basis of distribution channel, the Middle East and Africa algaecides market is segmented into indirect and direct.

Middle East and Africa Algaecides Market Regional Analysis/Insights

The Middle East and Africa algaecides market is analyzed and market size insights and trends are provided by country, type, mode of action, form, application, and distribution channel as referenced above.

The countries covered in the Middle East and Africa algaecides market report are the Egypt, Saudi Arabia, United Arab Emirates, South Africa, Israel and rest of the Middle East and Africa.

Egypt is dominating in the market due to the algaecides manufacturers being engaged in developing new algaecides products in the region which is propelling the region's demand for algaecides.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Middle East and Africa brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Algaecides Market Share Analysis

The Middle East and Africa algaecides market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Middle East and Africa presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Middle East and Africa algaecides market.

Some of the major players operating in the algaecides market are BASF SE, Lonza, UPL (India), Weifang Maochen Chemical Co., Ltd., Airmax among others.

Research Methodology: Middle East and Africa Algaecides Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Expert Analysis, Import/Export Analysis, Pricing Analysis, Production Consumption Analysis, Climate Chain Scenario, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Middle East and Africa versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Customization Available

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.


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TABLE 1 IMPORT DATA OF INSECTICIDES, RODENTICIDES, FUNGICIDES, HERBICIDES, ANTI-SPROUTING PRODUCTS, PLANT-GROWTH REGULATORS, DISINFECTANTS, AND SIMILAR PRODUCTS, PUT UP FOR RETAIL SALE OR AS PREPARATIONS OR ARTICLES, FOR INSTANCE, SULPHUR-TREATED BANDS, WICKS AND CANDLES, AND FLY-PAPERS; HS CODE - 3808 (USD MILLION)

TABLE 2 EXPORT DATA OF INSECTICIDES, RODENTICIDES, FUNGICIDES, HERBICIDES, ANTI-SPROUTING PRODUCTS, PLANT-GROWTH REGULATORS, DISINFECTANTS, AND SIMILAR PRODUCTS, PUT UP FOR RETAIL SALE OR AS PREPARATIONS OR ARTICLES, FOR INSTANCE, SULPHUR-TREATED BANDS, WICKS AND CANDLES, AND FLY-PAPERS; HS CODE - 3808 (USD MILLION)

TABLE 3 MIDDLE EAST & AFRICA ALGAECIDES MARKET, BY TYPE, 2017-2029 (USD MILLION)

TABLE 4 MIDDLE EAST & AFRICA COPPER SULFATE IN ALGAECIDES MARKET, BY REGION, 2020-2029 (USD MILLION)

TABLE 5 MIDDLE EAST & AFRICA QUATERNARY AMMONIUM COMPOUNDS IN ALGAECIDES MARKET, BY REGION, 2020-2029 (USD MILLION)

TABLE 6 MIDDLE EAST & AFRICA CHELATED COPPER IN ALGAECIDES MARKET, BY REGION, 2020-2029 (USD MILLION)

TABLE 7 MIDDLE EAST & AFRICA PEROXYACETIC ACID & HYDROGEN DIOXIDE IN ALGAECIDES MARKET, BY REGION, 2020-2029 (USD MILLION)

TABLE 8 MIDDLE EAST & AFRICA DYES & COLORANTS IN ALGAECIDES MARKET, BY REGION, 2020-2029 (USD MILLION)

TABLE 9 MIDDLE EAST & AFRICA OTHERS IN ALGAECIDES MARKET, BY REGION, 2020-2029 (USD MILLION)

TABLE 10 MIDDLE EAST & AFRICA ALGAECIDES MARKET, BY MODE OF ACTION, 2017-2029 (USD MILLION)

TABLE 11 MIDDLE EAST & AFRICA SELECTIVE IN ALGAECIDES MARKET, BY REGION, 2020-2029 (USD MILLION)

TABLE 12 MIDDLE EAST & AFRICA NON-SELECTIVE IN ALGAECIDES MARKET, BY REGION, 2020-2029 (USD MILLION)

TABLE 13 MIDDLE EAST & AFRICA ALGAECIDES MARKET, BY FORM, 2017-2029 (USD MILLION)

TABLE 14 MIDDLE EAST & AFRICA LIQUID IN ALGAECIDES MARKET, BY REGION, 2017-2029 (USD MILLION)

TABLE 15 MIDDLE EAST & AFRICA DRY IN ALGAECIDES MARKET, BY REGION, 2017-2029 (USD MILLION)

TABLE 16 MIDDLE EAST & AFRICA ALGAECIDES MARKET, BY APPLICATION, 2017-2029 (USD MILLION)

TABLE 17 MIDDLE EAST & AFRICA AQUACULTURE IN ALGAECIDES MARKET, BY REGION, 2017-2029 (USD MILLION)

TABLE 18 MIDDLE EAST & AFRICA SURFACE WATER TREATMENT IN ALGAECIDES MARKET, BY REGION, 2017-2029 (USD MILLION)

TABLE 19 MIDDLE EAST & AFRICA SPORTS & RECREATIONAL CENTERS IN ALGAECIDES MARKET, BY REGION, 2017-2029 (USD MILLION)

TABLE 20 MIDDLE EAST & AFRICA AGRICULTURE IN ALGAECIDES MARKET, BY REGION, 2017-2029 (USD MILLION)

TABLE 21 MIDDLE EAST & AFRICA OTHERS IN ALGAECIDES MARKET, BY REGION, 2017-2029 (USD MILLION)

TABLE 22 MIDDLE EAST & AFRICA ALGAECIDES MARKET, BY DISTRIBUTION CHANNEL, 2017-2029 (USD MILLION)

TABLE 23 MIDDLE EAST & AFRICA DIRECT IN ALGAECIDES MARKET, BY REGION, 2017-2029 (USD MILLION)

TABLE 24 MIDDLE EAST & AFRICA INDIRECT IN ALGAECIDES MARKET, BY REGION, 2017-2029 (USD MILLION)

TABLE 25 MIDDLE EAST AND AFRICA ALGAECIDES MARKET, BY COUNTRY, 2020-2029 (USD MILLION)

TABLE 26 MIDDLE EAST AND AFRICA ALGAECIDES MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 27 MIDDLE EAST AND AFRICA ALGAECIDES MARKET, BY MODE OF ACTION, 2020-2029 (USD MILLION)

TABLE 28 MIDDLE EAST AND AFRICA ALGAECIDES MARKET, BY FORM, 2020-2029 (USD MILLION)

TABLE 29 MIDDLE EAST AND AFRICA ALGAECIDES MARKET, BY APPLICATION, 2020-2029 (USD MILLION)

TABLE 30 MIDDLE EAST AND AFRICA ALGAECIDES MARKET, BY DISTRIBUTION CHANNEL, 2020-2029 (USD MILLION)

TABLE 31 EGYPT ALGAECIDES MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 32 EGYPT ALGAECIDES MARKET, BY MODE OF ACTION, 2020-2029 (USD MILLION)

TABLE 33 EGYPT ALGAECIDES MARKET, BY FORM, 2020-2029 (USD MILLION)

TABLE 34 EGYPT ALGAECIDES MARKET, BY APPLICATION, 2020-2029 (USD MILLION)

TABLE 35 EGYPT ALGAECIDES MARKET, BY DISTRIBUTION CHANNEL, 2020-2029 (USD MILLION)

TABLE 36 SAUDI ARABIA ALGAECIDES MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 37 SAUDI ARABIA ALGAECIDES MARKET, BY MODE OF ACTION, 2020-2029 (USD MILLION)

TABLE 38 SAUDI ARABIA ALGAECIDES MARKET, BY FORM, 2020-2029 (USD MILLION)

TABLE 39 SAUDI ARABIA ALGAECIDES MARKET, BY APPLICATION, 2020-2029 (USD MILLION)

TABLE 40 SAUDI ARABIA ALGAECIDES MARKET, BY DISTRIBUTION CHANNEL, 2020-2029 (USD MILLION)

TABLE 41 UNITED ARAB EMIRATES ALGAECIDES MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 42 UNITED ARAB EMIRATES ALGAECIDES MARKET, BY MODE OF ACTION, 2020-2029 (USD MILLION)

TABLE 43 UNITED ARAB EMIRATES ALGAECIDES MARKET, BY FORM, 2020-2029 (USD MILLION)

TABLE 44 UNITED ARAB EMIRATES ALGAECIDES MARKET, BY APPLICATION, 2020-2029 (USD MILLION)

TABLE 45 UNITED ARAB EMIRATES ALGAECIDES MARKET, BY DISTRIBUTION CHANNEL, 2020-2029 (USD MILLION)

TABLE 46 SOUTH AFRICA ALGAECIDES MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 47 SOUTH AFRICA ALGAECIDES MARKET, BY MODE OF ACTION, 2020-2029 (USD MILLION)

TABLE 48 SOUTH AFRICA ALGAECIDES MARKET, BY FORM, 2020-2029 (USD MILLION)

TABLE 49 SOUTH AFRICA ALGAECIDES MARKET, BY APPLICATION, 2020-2029 (USD MILLION)

TABLE 50 SOUTH AFRICA ALGAECIDES MARKET, BY DISTRIBUTION CHANNEL, 2020-2029 (USD MILLION)

TABLE 51 ISRAEL ALGAECIDES MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 52 ISRAEL ALGAECIDES MARKET, BY MODE OF ACTION, 2020-2029 (USD MILLION)

TABLE 53 ISRAEL ALGAECIDES MARKET, BY FORM, 2020-2029 (USD MILLION)

TABLE 54 ISRAEL ALGAECIDES MARKET, BY APPLICATION, 2020-2029 (USD MILLION)

TABLE 55 ISRAEL ALGAECIDES MARKET, BY DISTRIBUTION CHANNEL, 2020-2029 (USD MILLION)

TABLE 56 REST OF MIDDLE EAST AND AFRICA ALGAECIDES MARKET, BY TYPE, 2020-2029 (USD MILLION)

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Frequently Asked Questions

The market value for Middle East and Africa Algaecides Market is expected USD 99,896.58 million by 2029.
The Middle East and Africa Algaecides Market is to grow at a CAGR of 8.40% during the forecast by 2029.
On the basis of application, the Middle East and Africa Algaecides Market is segmented into Surface Water Treatment, Aquaculture, Sports & Recreational Centers, Agriculture, Others.
The major countries covered in the Middle East and Africa Algaecides Market are Egypt, Saudi Arabia, United Arab Emirates, South Africa, Israel and rest of the Middle East and Africa.