South America Water Treatment Biocides Market Developments and Forecast by 2027

South America water treatment biocides market is expected to grow from US$ 238.98million in 2019 to US$ 351.02million by 2027; it is estimated to grow at a CAGR of 5.1% from 2020 to 2027.

Brazil, Argentina, and Rest of SAMare the major economies in SAM. Increasing demand of water treatment biocides from numerous end applications will surge its demand in the 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 fueling 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 Brazil and Argentina, 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 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 segment's players. Some of the prominent leading players such as DuPont, Ecolab Inc., and Lanxess Group are flourishing the market growth with their increased research and development activities of water treatment biocides in diverse applications. Overall the South America Water Treatment Biocides market is mainly dependent on its application areas. Increasing demand for them is boosting the market growth significantly. Thus all these factors are expected to drive the water treatment biocides market inSouth America.

Brazil has the highest number of COVID-19 cases, followed by Ecuador, Chile, Peru, and Argentina, among others. The government of South America has taken an array of actions to protect their citizens and contain COVID-19’s spread. It is anticipated that South America will face lower export revenues, both from the drop in commodity prices and reduction in export volumes, especially to China, Europe, and the United States, which are important trade partners. Containment measures in several countries of South America will reduce economic activity in the manufacturing sectors for at least the next quarter, with a rebound once the epidemic is contained.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. Considering these factors theSouth Americawater treatment biocides market is expected to grow at a good CAGR during the forecast period.

South America Water Treatment Biocides MarketRevenue and Forecast to 2027 (US$ Mn)

South America Water Treatment Biocides Market Segmentation

South America Water Treatment Biocides Market – By Product Type

• Oxidizing Biocides
• Non- oxidizing Biocides

South America Water Treatment Biocides Market – ByApplication

• Municipal Water Treatment
• Oil and Gas
• Power Plants
• Pulp and Paper
• Mining
• Swimming Pools
• Others

South America Water Treatment Biocides Market, by Country

• Brazil
• Argentina
• Rest of SAM

South America Water Treatment Biocides Market-Companies Mentioned

• Albemarle Corporation
• DuPont de Nemours, Inc.
• Ecolab Inc.
• KemiraOyj
• Nouryon
• Italmatch Chemicals SpA

South America Water Treatment Biocides Report Scope