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North America Algaecides Market - Industry Trends and Forecast to 2029

  • Agriculture And Animal Feed
  • Published Report
  • May 2022
  • North America
  • 350 Pages
  • No of Tables: 45
  • No of Figures: 28

North America 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

North America 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 North America 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 2,735.95 million by the year 2029, at a CAGR of 6.8% 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

U.S., Canada, Mexico

Market Players Covered

BASF SE (Germany), Lonza (Switzerland), SePRO Corporation (U.S.), BioSafe Systems, LLC (U.S.), N. Jonas & Company, Inc. (U.S.), UPL (India), Phoenix Products Co. (U.S.), Weifang Maochen Chemical Co., Ltd. (China), Airmax (U.S.), Oreq (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 North America 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 North America 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 North America algaecides market.

This North America 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 October 2020, SePRO Corporation, an aquatics industry leader, signed an agreement to acquire Applied Biochemists and Marine Biochemists, innovators in surface water management, and other select business assets from Innovative Water Care, LLC d/b/a Sigura. This helped company to tap into a new set of resources to accelerate continued innovation and customer engagement.

North America Algaecides Market Scope

The North America 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 North America 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 North America algaecides market is segmented into non-selective and selective.

Form

  • Liquid
  • Dry

On the basis of form, North America algaecides market is segmented into liquid and dry.

Application

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

On the basis of application, the North America 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 North America algaecides market is segmented into indirect and direct.

North America Algaecides Market Regional Analysis/Insights

The North America 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 North America algaecides market report are the U.S., Canada, and Mexico.

U.S. is dominating the market due to rising concern and awareness regarding the conservation of the environment and ecosystem in the region.

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 North America 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 North America 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, North America 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 North America algaecides market.

Some of the major players operating in the algaecides market are BASF SE, Lonza, SePRO Corporation, BioSafe Systems, LLC, N. Jonas & Company, Inc., UPL, Phoenix Products Co., Weifang Maochen Chemical Co., Ltd., Airmax, Oreq among others.

Research Methodology: North America 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, North America 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.


SKU-

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 NORTH AMERICA ALGAECIDES MARKET, BY TYPE, 2017-2029 (USD MILLION)

TABLE 4 NORTH AMERICA COPPER SULFATE IN ALGAECIDES MARKET, BY REGION, 2020-2029 (USD MILLION)

TABLE 5 NORTH AMERICA QUATERNARY AMMONIUM COMPOUNDS IN ALGAECIDES MARKET, BY REGION, 2020-2029 (USD MILLION)

TABLE 6 NORTH AMERICA CHELATED COPPER IN ALGAECIDES MARKET, BY REGION, 2020-2029 (USD MILLION)

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

TABLE 8 NORTH AMERICA DYES & COLORANTS IN ALGAECIDES MARKET, BY REGION, 2020-2029 (USD MILLION)

TABLE 9 NORTH AMERICA OTHERS IN ALGAECIDES MARKET, BY REGION, 2020-2029 (USD MILLION)

TABLE 10 NORTH AMERICA ALGAECIDES MARKET, BY MODE OF ACTION, 2017-2029 (USD MILLION)

TABLE 11 NORTH AMERICA SELECTIVE IN ALGAECIDES MARKET, BY REGION, 2020-2029 (USD MILLION)

TABLE 12 NORTH AMERICA NON-SELECTIVE IN ALGAECIDES MARKET, BY REGION, 2020-2029 (USD MILLION)

TABLE 13 NORTH AMERICA ALGAECIDES MARKET, BY FORM, 2017-2029 (USD MILLION)

TABLE 14 NORTH AMERICA LIQUID IN ALGAECIDES MARKET, BY REGION, 2017-2029 (USD MILLION)

TABLE 15 NORTH AMERICA DRY IN ALGAECIDES MARKET, BY REGION, 2017-2029 (USD MILLION)

TABLE 16 NORTH AMERICA ALGAECIDES MARKET, BY APPLICATION, 2017-2029 (USD MILLION)

TABLE 17 NORTH AMERICA AQUACULTURE IN ALGAECIDES MARKET, BY REGION, 2017-2029 (USD MILLION)

TABLE 18 NORTH AMERICA SURFACE WATER TREATMENT IN ALGAECIDES MARKET, BY REGION, 2017-2029 (USD MILLION)

TABLE 19 NORTH AMERICA SPORTS & RECREATIONAL CENTERS IN ALGAECIDES MARKET, BY REGION, 2017-2029 (USD MILLION)

TABLE 20 NORTH AMERICA AGRICULTURE IN ALGAECIDES MARKET, BY REGION, 2017-2029 (USD MILLION)

TABLE 21 NORTH AMERICA OTHERS IN ALGAECIDES MARKET, BY REGION, 2017-2029 (USD MILLION)

TABLE 22 NORTH AMERICA ALGAECIDES MARKET, BY DISTRIBUTION CHANNEL, 2017-2029 (USD MILLION)

TABLE 23 NORTH AMERICA DIRECT IN ALGAECIDES MARKET, BY REGION, 2017-2029 (USD MILLION)

TABLE 24 NORTH AMERICA INDIRECT IN ALGAECIDES MARKET, BY REGION, 2017-2029 (USD MILLION)

TABLE 25 NORTH AMERICA ALGAECIDES MARKET, BY COUNTRY, 2020-2029 (USD MILLION)

TABLE 26 NORTH AMERICA ALGAECIDES MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 27 NORTH AMERICA ALGAECIDES MARKET, BY MODE OF ACTION, 2020-2029 (USD MILLION)

TABLE 28 NORTH AMERICA ALGAECIDES MARKET, BY FORM, 2020-2029 (USD MILLION)

TABLE 29 NORTH AMERICA ALGAECIDES MARKET, BY APPLICATION, 2020-2029 (USD MILLION)

TABLE 30 NORTH AMERICA ALGAECIDES MARKET, BY DISTRIBUTION CHANNEL, 2020-2029 (USD MILLION)

TABLE 31 U.S. ALGAECIDES MARKET, BY TYPE, 2020-2029 (USD MILLION)

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

TABLE 33 U.S. ALGAECIDES MARKET, BY FORM, 2020-2029 (USD MILLION)

TABLE 34 U.S. ALGAECIDES MARKET, BY APPLICATION, 2020-2029 (USD MILLION)

TABLE 35 U.S. ALGAECIDES MARKET, BY DISTRIBUTION CHANNEL, 2020-2029 (USD MILLION)

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

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

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

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

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

TABLE 41 MEXICO ALGAECIDES MARKET, BY TYPE, 2020-2029 (USD MILLION)

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

TABLE 43 MEXICO ALGAECIDES MARKET, BY FORM, 2020-2029 (USD MILLION)

TABLE 44 MEXICO ALGAECIDES MARKET, BY APPLICATION, 2020-2029 (USD MILLION)

TABLE 45 MEXICO ALGAECIDES MARKET, BY DISTRIBUTION CHANNEL, 2020-2029 (USD MILLION)

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Frequently Asked Questions

The market value for the North America Algaecides Market is expected USD 2,735.95 million by 2029.
The North America Algaecides Market is to grow at a CAGR of 6.8% during the forecast by 2029.
The major players operating in the North America Algaecides Market are BASF SE (Germany), Lonza (Switzerland), SePRO Corporation (U.S.), BioSafe Systems, LLC (U.S.), N. Jonas & Company, Inc. (U.S.), UPL (India), Phoenix Products Co. (U.S.), Weifang Maochen Chemical Co., Ltd. (China), Airmax (U.S.), Oreq (U.S.).
The major countries covered in the North America Algaecides Market are U.S., Canada, Mexico.