North America Water Treatment Biocides Market
Water treatment biocides are used to control the microbial growth in water bodies. The water treatment biocides have been gaining increasing importance all over the North American region owing to its wide range of applications. Biocides have found a wide range of applications ranging from swimming pools and municipality water treatment to industrial water treatment such as oil & gas, power plants, mining, and paper and pulp amongst others. Complications occurred due to un-controlled microbial growth can range from the breakdown of chemicals, health hazards, heat transfer losses, the development of biofilms , restriction of flow and under deposit corrosion. Therefore the increasing awareness of the applications of water treatment bodies have created an upsurge in the North America market. Thus, Industrialization and Increasing population in the emerging economies is expected to create a significant demand for biocides in the coming years, which is further anticipated to drive the North America water treatment biocides market.
Strategic insights for the North America Water Treatment Biocides provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 1,194.74 Million |
| Market Size by 2027 | US$ 1,864.43 Million |
| Global CAGR (2020 - 2027) | 5.9% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Product Type
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
The geographic scope of the North America Water Treatment Biocides refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The water treatment biocides market in North America is expected to grow from US$ 1,194.74 million in 2019 to US$ 1,864.43 million by 2027; it is estimated to grow at a CAGR of 5.9% from 2020 to 2027. The water treatment biocides market is growing at a significant pace owing to increasing demand from municipal water treatment plants. Rapid urbanization, migration of people from villages and small town to metropolitan cities, and surge in population in tier 1 and tier 2 cities has created a need for effective water treatment processing plants. As cities and towns grow larger, the need for efficient water treatment biocides is expected to considerably grow. The growing expenditure on water treatment facilities by government and private institutions is expected to propel the market for water treatment chemicals such as water treatment biocides. The non-oxidizing biocides are expected to account for a larger share of the water treatment biocides market owing to its increasing uses in the oil and gas and power plants. Clean water is also required in various processes in food and beverage processing plants, pharmaceutical plants, agriculture, paper and pulp industries, and many other industries. These industries are anticipated to be significant consumers of water treatment biocides in the years to come.
The U.S has the highest number of confirmed cases of COVID-19, as, compared to Canada and Mexico. This is likely to impact the rail transport in the region as, due to the COVID-19 outbreak, the supply and distribution chain is likely to get affected. In addition, the overall manufacturing processes, research, and development activities will also impact market growth.
In terms of product type, the Non- oxidizing Biocides segment accounted for the largest share of the North America water treatment biocides market in 2019. Further, the Oil and Gas segment held a larger share of the market based on application in 2019.
A few major primary and secondary sources referred to for preparing this report on the Water treatment biocides market in North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Albemarle Corporation, DuPont de Nemours, Inc., Solenis, Ecolab Inc., Innovative Water Care LLC, Kemira Oyj, Nouryon, Suez, Veolia, and Italmatch Chemicals SpA. among others.
The North America Water Treatment Biocides Market is valued at US$ 1,194.74 Million in 2019, it is projected to reach US$ 1,864.43 Million by 2027.
As per our report North America Water Treatment Biocides Market, the market size is valued at US$ 1,194.74 Million in 2019, projecting it to reach US$ 1,864.43 Million by 2027. This translates to a CAGR of approximately 5.9% during the forecast period.
The North America Water Treatment Biocides Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Water Treatment Biocides Market report:
The North America Water Treatment Biocides Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Water Treatment Biocides Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Water Treatment Biocides Market value chain can benefit from the information contained in a comprehensive market report.
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