The global algae treatment chemical market size is calculated at USD 3,241 million in 2024 and is predicted to reach around USD 5,589 million by 2034, expanding at a CAGR of 5.6% from 2024 to 2034.
Increasing concerns about water pollution and harmful algal blooms are major factors driving the growth of the market. Algae blooms can lead to severe health and ecological issues, requiring algae treatment chemicals to control their growth. These chemicals are in high demand in the water treatment and agriculture sectors. They are used to control algae blooms in irrigation systems, thereby improving water quality and crop health.
It is expected that North America will sustain its dominance in the algae treatment chemical market in the coming years. This is mainly due to the increasing demand for algae cleaners in agriculture and water treatment applications to control algae blooms and water quality. Moreover, the rising focus on sustainable agricultural practices contributes to market expansion.
The rising demand for sustainable chemicals is expected to create immense opportunities for key players competing in the market. Due to the growing awareness of the negative environmental impact of conventional chemicals, industries are rapidly shifting toward bio-based chemicals. Moreover, governments worldwide are implementing strict environmental regulations. This, in turn, encourages market players to come up with bio-based algae treatment chemicals.
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| Stats ID: | 7625 |
| Format: | Databook |
| Published: | January 2025 |
| Price | US$ 1550 |
Immediate Delivery
| Stats ID: | 7625 |
| Format: | Databook |
| Published: | January 2025 |
| Price | US$ 1550 |
Immediate Delivery
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