Oil & gas was the largest application of water treatment biocides in 2019
Water Treatment Biocides Market by Product Type (Oxidizing Biocides, Non-Oxidizing Biocides), Application (Oil & Gas, Municipal Water Treatment, Power Plants, Mining, Pulp & Paper, Swimming Pools), and Region - Global Forecast to 2024.
Browse 113 market data Tables and 40 Figures spread through 161 Pages and in-depth TOC on "Water Treatment Biocides Market
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The non-oxidizing biocides segment is projected to be the largest product type of water treatment biocides market during the forecast period.
The non-oxidizing biocides segment is projected to lead the water treatment biocides in terms of value during the forecast period. This is owing to their comparatively higher pricesthan that of oxidizing biocides. In addition, the growing use of non-oxidizing biocides in applications, such as oil & gas, power plants, and pulp & paper in driving the market.
The oil & gas application segment is projected to be the largest application of water treatment biocides during the forecast period.
The oil & gas application segment is projected to lead the global water treatment biocides market during the forecast period, in terms of value. There is a growing demand for water treatment biocides, such as glutaraldehyde and tetrakis hydroxymethyl-phosphonium sulfate (THPS) in the oil & gas application. In addition, increasing oil & gas exploration in countries such as the US and Canada is driving the demand for water treatment biocides in the oil & gas application.
North America is expected to be the largest market for water treatment biocides by 2024.
North America is expected to account for the largest share of the water treatment biocides market during the forecast period, in terms of value. The presence of major manufacturers such as DuPont (US), Ecolab Inc. (US), Solenis (US), Innovative Water Care (US), and Albemarle Corporation (US), in the region has a positive impact on the market. In addition, the growing scarcity of water and need to reuse water are increasing the demand for water treatment biocides in the region.
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Key Market Players
The key players profiled in the water treatment biocides market report include as DuPont (US), Ecolab Inc. (US), Solenis (US), SUEZ (France), Innovative Water Care (US), BWA Water Additives (UK), Kemira Oyj (Finland), Veolia (France), Nouryon (Netherlands), Albemarle Corporation (US), LANXESS Group (Germany), and ICL Group (Israel).
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