Market Overview:
The global pool algaecide market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising awareness about pool hygiene, increasing disposable income, and growing demand for luxury swimming pools. In terms of type, copper sulfate is expected to lead the global pool algaecide market during the forecast period. This can be attributed to its low cost and easy availability. Chelated copper is also anticipated to witness high growth during the forecast period owing to its ability to provide long-term protection against algae formation in pools. In terms of application, home segment is anticipated hold a major share of the global pool algaecide market during the forecast period followed by commercial segment. This can be attributedto growing demand for luxurious swimming pools across developed countries such as U .S.
Product Definition:
Pool Algaecide is a chemical compound used to kill or inhibit the growth of algae in swimming pools. Algae can cause unpleasant odors and make the water look cloudy, so pool algaecide is an important part of keeping a pool clean and healthy.
Copper Sulfate:
Copper sulfate is a chemical compound used as an algaecide. It has antiseptic properties and can be used to prevent the formation of algae in swimming pools, hot tubs, spas and water gardens. Copper sulfate is added to the pool water or its surrounding environment in order to reduce or eliminate the presence of algae.
Chelated Copper:
Chelated copper is a type of copper supplement used to enhance the effectiveness of chlorine by forming stable copper chelates. These are usually added in swimming pools during the sanitization process or after it, depending on pool sanitation and disinfection needs. The product works as an antioxidant and helps protect the sanitizer from oxidation, which allows it to remain effective for a longer period.
Application Insights:
The commercial application segment accounted for the largest share of over 70.0% in 2017 and is projected to witness significant growth over the forecast period. The growing construction industry across developing countries, such as China, India and Brazil is expected to drive demand for various chemicals including copper sulfate, which is used as a pool algaecide in these regions.
The residential application segment was valued at USD 801.6 million in 2017 owing to increasing awareness about maintaining clean swimming pools with minimal maintenance requirements resulting in increased product penetration into this segment. In addition, rising disposable income levels among consumers coupled with an increase in housing ownership rates are anticipated to propel demand from this sector over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to witness significant growth over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Malaysia. These countries are projected to experience strong economic growth over the coming years on account of increasing foreign investments in various sectors such as construction, automotive and electrical & electronics industry. This will drive product demand across Asia Pacific region.
The growing population coupled with rising disposable income has resulted in an increased demand for housing facilities across Asia Pacific region which will further boost product consumption for pool algaecide applications.
Growth Factors:
- Increasing demand for pool algaecide owing to the growing awareness about its benefits among consumers.
- Rising disposable income of consumers, which is resulting in an increase in the demand for luxury items such as swimming pools, thereby propelling the growth of the pool algaecide market.
- Growing popularity of private swimming pools, which is leading to an increase in the demand for pool algaecides across regions.
- Proliferation of e-commerce platforms that offer a wide range of products at competitive prices is aiding in the growth of this market as it enables easy access to a variety of products from different brands and manufacturers all under one roof facilitating informed decision making on part of buyers/consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Pool Algaecide Market Research Report
By Type
Copper Sulfate, Chelated Copper, Quaternary Ammonium Compounds, Peroxyacetic Acid and Hydrogen Dioxide
By Application
Home, Commercial, Others
By Companies
BASF, Dow Chemical, Nufarm Limited, Lonza Group AG, UPL Limited, SePRO Corporation, Waterco Limited, BioSafe Systems, Airmax, Inc., Oreq Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Pool Algaecide Market Report Segments:
The global Pool Algaecide market is segmented on the basis of:
Types
Copper Sulfate, Chelated Copper, Quaternary Ammonium Compounds, Peroxyacetic Acid and Hydrogen Dioxide
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Home, Commercial, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- Dow Chemical
- Nufarm Limited
- Lonza Group AG
- UPL Limited
- SePRO Corporation
- Waterco Limited
- BioSafe Systems
- Airmax, Inc.
- Oreq Corporation
Highlights of The Pool Algaecide Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Copper Sulfate
- Chelated Copper
- Quaternary Ammonium Compounds
- Peroxyacetic Acid and Hydrogen Dioxide
- By Application:
- Home
- Commercial
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Pool Algaecide Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Pool Algaecide is a type of chemical that kills algae.
Some of the major companies in the pool algaecide market are BASF, Dow Chemical, Nufarm Limited, Lonza Group AG, UPL Limited, SePRO Corporation, Waterco Limited, BioSafe Systems, Airmax, Inc., Oreq Corporation.
The pool algaecide market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pool Algaecide Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Pool Algaecide Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pool Algaecide Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Pool Algaecide Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Pool Algaecide Market Size & Forecast, 2018-2028
4.5.1 Pool Algaecide Market Size and Y-o-Y Growth
4.5.2 Pool Algaecide Market Absolute $ Opportunity
Chapter 5 Global Pool Algaecide Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Pool Algaecide Market Size Forecast by Type
5.2.1 Copper Sulfate
5.2.2 Chelated Copper
5.2.3 Quaternary Ammonium Compounds
5.2.4 Peroxyacetic Acid and Hydrogen Dioxide
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Pool Algaecide Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Pool Algaecide Market Size Forecast by Applications
6.2.1 Home
6.2.2 Commercial
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pool Algaecide Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Pool Algaecide Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Pool Algaecide Analysis and Forecast
9.1 Introduction
9.2 North America Pool Algaecide Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Pool Algaecide Market Size Forecast by Type
9.6.1 Copper Sulfate
9.6.2 Chelated Copper
9.6.3 Quaternary Ammonium Compounds
9.6.4 Peroxyacetic Acid and Hydrogen Dioxide
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Pool Algaecide Market Size Forecast by Applications
9.10.1 Home
9.10.2 Commercial
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Pool Algaecide Analysis and Forecast
10.1 Introduction
10.2 Europe Pool Algaecide Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Pool Algaecide Market Size Forecast by Type
10.6.1 Copper Sulfate
10.6.2 Chelated Copper
10.6.3 Quaternary Ammonium Compounds
10.6.4 Peroxyacetic Acid and Hydrogen Dioxide
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Pool Algaecide Market Size Forecast by Applications
10.10.1 Home
10.10.2 Commercial
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Pool Algaecide Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Pool Algaecide Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Pool Algaecide Market Size Forecast by Type
11.6.1 Copper Sulfate
11.6.2 Chelated Copper
11.6.3 Quaternary Ammonium Compounds
11.6.4 Peroxyacetic Acid and Hydrogen Dioxide
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Pool Algaecide Market Size Forecast by Applications
11.10.1 Home
11.10.2 Commercial
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Pool Algaecide Analysis and Forecast
12.1 Introduction
12.2 Latin America Pool Algaecide Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Pool Algaecide Market Size Forecast by Type
12.6.1 Copper Sulfate
12.6.2 Chelated Copper
12.6.3 Quaternary Ammonium Compounds
12.6.4 Peroxyacetic Acid and Hydrogen Dioxide
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Pool Algaecide Market Size Forecast by Applications
12.10.1 Home
12.10.2 Commercial
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Pool Algaecide Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Pool Algaecide Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Pool Algaecide Market Size Forecast by Type
13.6.1 Copper Sulfate
13.6.2 Chelated Copper
13.6.3 Quaternary Ammonium Compounds
13.6.4 Peroxyacetic Acid and Hydrogen Dioxide
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Pool Algaecide Market Size Forecast by Applications
13.10.1 Home
13.10.2 Commercial
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Pool Algaecide Market: Competitive Dashboard
14.2 Global Pool Algaecide Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 Dow Chemical
14.3.3 Nufarm Limited
14.3.4 Lonza Group AG
14.3.5 UPL Limited
14.3.6 SePRO Corporation
14.3.7 Waterco Limited
14.3.8 BioSafe Systems
14.3.9 Airmax, Inc.
14.3.10 Oreq Corporation
