Overview and Scope
Agricultural algaecides refer to a chemical material that can be used to destroy and stop the growth of algae and cyanobacteria. These are applied to stop or scale back big blooms and destroy phytoplankton. Copper sulphate, which is extremely soluble in water, is one popular algaecide. Algae will instantly begin to senesce after being injected into or sprayed with copper sulphate that has been dissolved in water.
Sizing and Forecast
The agricultural algaecides market size has grown strongly in recent years. It will grow from $3.41 billion in 2024 to $3.64 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to growing concerns about water quality, expansion of aquaculture industry, traditional agricultural practices, crop protection.
The agricultural algaecides market size is expected to see strong growth in the next few years. It will grow to $4.83 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to global population growth, climate change impact, rising awareness of sustainable agriculture, emerging markets. Major trends in the forecast period include increasing emphasis on bio-based algaecides, precision agriculture adoption, collaborations and partnerships, focus on research and development, digital farming solutions, global market expansion.
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Segmentation & Regional Insights
The agricultural algaecides market market covered in this report is segmented –
1) By Type: Copper Sulphate, Chelated Copper, Peroxyacetic Acid, Hydrogen Dioxide, Dyes, Colorants, Other Types
2) By Mode Of Action: Selective, Non-Selective
3) By Category: Synthetic Algaecides, Natural Algaecides
4) By Form: Solid, Liquid
Top 5 Major Players:
North America was the largest region in the agricultural algaecides market in 2024. The regions covered in the agricultural algaecides market market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The expansion of the agricultural sector is propelling the growth of the agricultural algaecides market. The agriculture sector includes businesses whose main activities are the production of crops, the breeding of livestock, and the collection of fish and other animals from farms, ranches, or their natural habitats. The application of algaecides aids in agricultural output by aiding in weed and insect control outside farm buildings, nurseries, greenhouses, and other growing operations. The growth of agriculture directly ensures more and more use of algaecides to improve production and crop quality. For instance, in September 2024, according to the U.S. Department of Agriculture (USDA), the agriculture, food, and associated sectors collectively added approximately $1.264 trillion to the United States’ gross domestic product (GDP) in 2021, representing a 5.4% contribution. Out of this amount, the output generated by American farms accounted for $164.7 billion, constituting roughly 0.7% of the nation’s GDP. Therefore, the expansion of the agricultural sector is driving the growth of the agricultural algaecides market.
Key Industry Players
Major companies operating in the agricultural algaecides market market report are Badische Anilin und Soda Fabrik SE, Dow Inc, Nufarm Agriculture Inc., Bioguard Organics Ltd., Bayer AG, Lonza Group Ltd., Pinch A Penny Inc., United Phosphorus Limited, Oreq Corporation, Waterco Limited, Pool Corporation, Syngenta Group Co. Ltd, BioSafe Systems LLC, Airmax Inc., Sepro Corporation, FMC Corporation, SIPCAM-OXON GROUP, Origin Enterprises PLC, Certis USA LLC, Vanson HaloSource Inc., Brandt Consolidated Inc., Gowan Company LLC, Helena Agri-Enterprises LLC, Isagro S. p. A., Marrone Bio Innovations Inc., Valent BioSciences LLC, Wilbur-Ellis Company, Aurora Cannabis Inc, Tesla Inc.
The agricultural algaecides market market report table of contents includes:
1. Executive Summary
2. Agricultural Algaecides Market Characteristics
3. Agricultural Algaecides Market Trends And Strategies
4. Agricultural Algaecides Market – Macro Economic Scenario
5. Global Agricultural Algaecides Market Size and Growth
…..
31. Global Agricultural Algaecides Market Competitive Benchmarking
32. Global Agricultural Algaecides Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Agricultural Algaecides Market
34. Agricultural Algaecides Market Future Outlook and Potential Analysis
35. Appendix
List Of Tables
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Agricultural Algaecides Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Agricultural Algaecides Market, Segmentation By Mode Of Action, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Agricultural Algaecides Market, Segmentation By Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
…..
Table 75: Badische Anilin und Soda Fabrik SE Financial Performance
Table 76: Dow Inc Financial Performance
Table 77: Nufarm Agriculture Inc. Financial Performance
Table 78: Bioguard Organics Ltd. Financial Performance
Table 79: Bayer AG Financial Performance
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