Report : Middle East and Africa Water Treatment Biocides Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Product Type (Oxidizing Biocides, and Non- Oxidizing Biocides), and Application (Municipal Water Treatment, Oil and Gas, Power Plants, Pulp and Paper, Mining, Swimming Pools, and Others)
Non- oxidizing BiocidesSegment to DominateMiddle East and AfricaWater Treatment Biocides Market during 2020–2027
According to The Insight Partners market research study on “Middle East and Africa Water Treatment Biocides Market to 2027 – COVID-19 Impact and Regional Analysis and Forecast byproduct type, and application,”is expected to reach US$ 420.07million by 2027 from US$ 280.73million in 2019. The market is estimated to grow at a CAGR of 5.3% from 2020 to 2027. The report provides trends prevailing in the Middle East and Africa water treatment biocides market along with the drivers and restraints pertaining to the market growth.Growing demand from many end applications are the major factor driving the growth of the Middle East and Africa water treatment biocides market. However, issues associated with thelong and expensive registration process with regard to biocides hinder the growth of Middle East and Africawater treatment biocides market.
The Middle East and Africa market for water treatment biocides is segmented intoproducttype, application, and country. Based onproducttype, the market is segmented into oxidizing biocides, and non- oxidizing biocides.In 2019, the non- oxidizing biocidessegment held the largest share in Middle East and Africa water treatment biocides market. Similarly, based on application, the market is bifurcated into municipal water treatment, oil and gas, power plants, pulp and paper, mining, swimming pools and others. The oil and gassegment contributed a larger share in 2019.
Saudi Arabia has the largest COVID-19 cases in the Middle East and Africa region, and is followed by South Africa and UAE, among others. UAE was the first country in Middle East and Africa to report a confirmed case of coronavirus.
Albemarle Corporation, DuPont de Nemours, Inc., Solenis, Ecolab Inc., Innovative Water Care, LLC, Kemira Oyj, Nouryon, Suez, Veolia, and Italmatch Chemicals SpA are among the leading companies in the Middle East and Africa water treatment biocides market.The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2 October 2019, Italmatch Chemicals announced that it has acquired Water Science Technologies (WST), a leading blender and chemical solutions provider.
The Report Segments the Middle East and Africa Water Treatment Biocides marketas Follows:
Middle East and AfricaWater Treatment Biocides Market – By Product Type
Middle East and AfricaWater Treatment Biocides Market – ByApplication
Middle East and Africa Water Treatment Biocides Market – By Country