Algaecides Market worth 2.79 Billion USD by 2022 - PowerPoint PPT Presentation

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Algaecides Market worth 2.79 Billion USD by 2022

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[178 Pages Report] Algaecides Market categorizes the Global Market by Type (Copper Sulfate, Chelated Copper, QAC, Peroxyacetic Acid & Hydrogen Dioxide), Application (Surface Water Treatment, Aquaculture, Sports & Recreational Centers, Agriculture), Form, and Region – PowerPoint PPT presentation

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Title: Algaecides Market worth 2.79 Billion USD by 2022


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MarketsandMarkets Presents
Algaecides Market worth 2.79 Billion USD by 2022

http//www.marketsandmarkets.com/Market-Reports/al
gaecides-market-110736129.html
2
The report "Algaecides Market by Type (Copper
Sulfate, Chelated Copper, QAC, Peroxyacetic Acid
Hydrogen Dioxide), Application (Surface Water
Treatment, Aquaculture, Sports Recreational
Centers, Agriculture), Form, and Region - Global
Forecast to 2022", The algaecides market is
projected to reach a value of USD 2.79 Billion by
2022, at a CAGR of 6.52 from 2016 to
2022. Browse 89 market data tables and 64
figures spread through 178 pages and in-depth TOC
on Algaecides Market by Type (Copper Sulfate,
Chelated Copper, QAC, Peroxyacetic Acid
Hydrogen Dioxide), Application (Surface Water
Treatment, Aquaculture, Sports Recreational
Centers, Agriculture), Form, and Region - Global
Forecast to 2022 http//www.marketsandmarkets.co
m/Market-Reports/algaecides-market-110736129.html
Early buyers will receive 10 customization on
reports. The market has been gaining importance
due to the need to avert the extensive pollution
and environment degradation caused by the growing
industrialization activities.
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Innovative algaecide formulations, being highly
efficient and are easy to use, are projected to
serve as a major factor to drive the growth of
the algaecides market. The application of
algaecides in aquaculture segment was the largest
in 2015. The aquaculture segment accounted for
the largest share in algaecides market due to its
significant growth as an organized sector in the
global market. The adverse effect of
environmental pollution on farm fishes through
water-borne diseases can reduce the export value
of the products this has resulted in extensive
application of algaecides. Peroxyacetic acid
hydrogen dioxide is projected to be the fastest
growing algaecide type for next six years On the
basis of type, the peroxyacetic acid hydrogen
dioxide segment is projected to grow at the
highest growth rate from 2016 to 2022. The lethal
effect of copper-based products on aquatic life
has been a significant concern for government
authorities and environmentalists, which has
given rise to eco-friendly alternatives such as
peroxyacetic acid hydrogen dioxide and
endothall salts. Therefore, the peroxyacetic acid
hydrogen dioxide segment is projected to be the
fastest-growing segment. http//www.marketsandmar
kets.com/Market-Reports/algaecides-market-11073612
9.html
4
North America dominated the algaecides market in
2015 The North American region accounted for the
largest market share in the algaecides market in
2015. Nutrient pollution is one of the critical,
costly, and challenging environmental problems
which is widespread in North America. The strong
emphasis on controlling environmental pollution
in North America, supported by regulatory
framework, especially in the U.S., has led to an
increased demand for algaecides in the
region. The algaecides market is a fragmented
market with a large number of domestic
manufacturers, formulators, and suppliers. Easy
availability of inexpensive raw materials allows
the entry of many small-scale manufacturers and
to compete for market position. Off-patent
chemicals are mainly utilized for algaecide
formulation and limited research activities are
conducted with respect to algaecides, except for
some key players. Lonza Group (Switzerland) is
one of the key players in the algaecides market.
The major strategy adopted by the company is
acquisitions, for increasing their presence in
high-demand markets of the U.S., Europe, and
Latin America. Strategic acquisitions have helped
the company in strengthening its portfolio of
approved active ingredients in both, established
and emerging markets. http//www.marketsandmarket
s.com/Market-Reports/algaecides-market-110736129.h
tml
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http//www.marketsandmarkets.com/Market-Reports/al
gaecides-market-110736129.html
7
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