Global Water Treatment Biocides Market Share, Size, Growth Opportunities Forecast Report, 2020-2027
The GMI Research predicts that the Water Treatment Biocides Market is experiencing an expansion in demand over the forecast period. This is mainly due to their growing usage across several applications, which include mining, pulp and paper, treatment along with the escalating consciousness about various uses of the biocides.
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Introduction of the Water Treatment Biocides Market
The water treatment biocides are implemented to cure the drinking water with the motive to bring out dangerous micro-organisms in the water. They are increasingly applied in municipality water treatment plants, swimming pools, and power plants. The market covers these types of products, including oxidizing and non-oxidizing biocides.
Key Players of the Market:
- Veolia
- DuPont
- SUEZ
- Albemarle Corporation
- Kamira
- Ecolab
- Innovative Water Care, LLC
- Solenis
- BWA Water Additives
- Nouryon
Water Treatment Biocides Market Dynamics
The increasing need to reduce bacterial or algal virus in water systems along with their mounting usage in municipal, healthcare, and food beverage sector to curb the microbial growth in water are the prominent factors supplementing the growth of the global water treatment biocides market. In addition, their escalating implementation in pulp paper, municipal water treatment, oil gas and swimming pools to suppress the growth of micro-organisms in process, potable, and down water services. Moreover, the surge in commercial, industrial process and manufacturing applications to sustain hygiene in the water systems is bolstering the water treatment biocides market size.
Product Type Segment Drivers
Based on the product type, non-oxidizing biocides are contemplated to hold a major share during the coming year. This is because of their aggravating employment across various applications, including, power plants, oil gas and pulp paper. They include aldehydes (formaldehyde, glutaraldehyde), quaternary ammonium compounds, isothiazolinone, and acrolein. Also, they assault biological growth in several ways like impeding the metabolism of the organism and poisoning the cells to kill them.
Application Segment Drivers
Based on the application, the oil gas will expand at a higher rate in the near future. This is attributed to their elevating demand like tetracids hydroxymethyl-phosphonium sulphate (THPS) and glutaraldehyde, primarily in the oil gas industry. Moreover, the water treatment biocides research report states that the accelerating number of oil gas investigation in countries like the U.S. and Canada is stimulating the market growth.
Regional Drivers
Based on the regional coverage, North America is forecasted to lead the market owing to the arising demand for clean and safe drinking led by the increasing scarcity of freshwater. Additionally, as per the water treatment biocides market global forecast, the prevalence of some major market players like Solenis, Innovative Water Care, DuPont, Ecolab Inc.
Water Treatment Biocides Market Segmentation:
Segmentation by Product Type
- Oxidizing Biocides
- Non-Oxidizing Biocides
Segmentation by Application
- Municipal Water Treatment
- Oil Gas
- Power Plants
- Pulp Paper
- Swimming Pools
- Mining
- Others
Segmentation by Region:
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- North America
- United States of America
- Canada
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- South Africa
- Brazil
- Saudi Arabia
- UAE
About GMI Research
GMI is a consulting and marketing research company that offers with business insights and market research reports for every enterprise. Our team helps clients acknowledge the influence of market dynamics like size, share, drivers, growth opportunities, etc. Our team of analysts and industry experts conduct market intelligence studies to ensure all relevant and fact-based research reaches wide range of sectors. The organisation accumulates all relevant information about the industry using internal and external databases. Our prime emphasis lies in comprehending our clients about all emerging opportunities and challenges across different industries. We provide step-by-step help to our client to reach a managerial and actionable decision.
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