North America Water Treatment Biocides Market Drivers and Forecasts by 2027
Historic Data: 2017-2018 | Base Year: 2019 | Forecast Period: 2020-2027North America 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)
- Report Date : Nov 2020
- Report Code : TIPRE00015865
- Category : Chemicals and Materials
- Status : Published
- Available Report Formats :
- No. of Pages : 74
The North America water treatment biocides market is expected to grow from US$ 1,194.74million in 2019 to US$ 1,864.43million by 2027; it is estimated to grow at a CAGR of 5.9% from 2020 to 2027.
US, Canada, and Mexico are the major economies in North America. Rising demand from numerous end-applicationswill boost the demand for water treatment biocides market. Water treatment biocides are chemical agents used in water treatment processes. They are synthesized to eliminate micro-organisms of all life stages and sizes. They are formulated to control the microbial growth in potable water, process water, open cooling systems, down water services, etc. The water treatment biocides are mainly utilized for municipal water treatment, oil & gas, power plants, pulp & paper, mining, swimming pools. The oil and gas industry is fuelling the water treatment biocides market to a greater extent and is expected to lead the market over the forecast period. Moreover, rising oil & gas exploration activities in countries, including Canada and the United States is fueling the demand for water treatment biocides in the oil & gas industry. Municipal water treatment, mining, and swimming pools are some of the niche applications where the North America Water Treatment Biocides market has witnessed astonishing growth over the past few years. The increasing use of non-oxidizing biocides in applications, including pulp & paper and power plants is expected to create lucrative opportunities for the players operating in the segment.Thus, the growth in the oil and gas industry is expected to create a significant demand for water treatment biocides in the coming years, which is further anticipated to drive the market in North America.
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.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. Considering these factors theNorth America water treatment biocides market is expected to grow at a good CAGR during the forecast period.
North America Water Treatment Biocides Market Revenue and Forecast to 2027 (US$ Mn)
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
North America Water Treatment Biocides Market Segmentation
North America Water Treatment Biocides Market – By Product Type
- Oxidizing Biocides
- Non- oxidizing Biocides
North America Water Treatment Biocides Market – ByApplication
- Municipal Water Treatment
- Oil and Gas
- Power Plants
- Pulp and Paper
- Mining
- Swimming Pools
- Others
North America Water Treatment Biocides Market, by Country
- US
- Canada
- Mexico
North America Water Treatment Biocides Market-Companies Mentioned
- Albemarle Corporation
- DuPont de Nemours, Inc.
- Solenis
- Ecolab Inc.
- Innovative Water Care LLC
- KemiraOyj
- Nouryon
- Suez
- Veolia
- Italmatch Chemicals SpA
North America Water Treatment Biocides Report Scope
| 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 |
Market Research & Consulting
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
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- Albemarle Corporation
- DuPont de Nemours, Inc.
- Solenis
- Ecolab Inc.
- Innovative Water Care LLC
- Kemira Oyj
- Nouryon
- Suez
- Veolia
- Italmatch Chemicals SpA
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