Algaecides Market

By Sports;

Surface Water Treatment, Aquaculture, Agriculture, and Others

By Action Mode;

Non-Selective and Selective

By Form;

Liquid, Granular Crystal, and Pellet

By Application Method;

Liquid Formulations and Granular Formulations

By End User;

Aquaculture and Agriculture

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn370208116 Published Date: June, 2025 Updated Date: August, 2025

Introduction

Global Algaecides Market (USD Million), 2021 - 2031

In the year 2024, the Global Algaecides Market was valued at USD 2,574.89 million. The size of this market is expected to increase to USD 3,745.64 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.5%.


Algaecides Market

*Market size in USD million

CAGR 5.5 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.5 %
Market Size (2024)USD 2,574.89 Million
Market Size (2031)USD 3,745.64 Million
Market ConcentrationMedium
Report Pages358
2,574.89
2024
3,745.64
2031

Major Players

  • Airmax, Inc
  • BASF SE
  • UPL Limited
  • Oreq Corporation
  • Lonza Group AG
  • BioSafe Systems
  • LLC
  • Dow Chemical Company
  • Waterco Limited
  • Nufarm Limited
  • SePRO Corporation

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Algaecides Market

Fragmented - Highly competitive market without dominant players


The Global Algaecides Market is experiencing significant growth due to the increasing need for water treatment and management solutions across various sectors. Algaecides are chemicals used to control and prevent the growth of algae in different environments, including freshwater bodies, swimming pools, and industrial water systems. The rising demand for clean and safe water sources, driven by urbanization, industrial activities, and recreational needs, is propelling the market forward. Additionally, the growing awareness about the adverse effects of uncontrolled algae growth on water quality and aquatic ecosystems is further boosting the need for effective algaecide solutions.

In recent years, there has been a notable shift towards environmentally friendly and sustainable algaecide products. Manufacturers are increasingly focusing on developing biodegradable and non-toxic algaecides that minimize harm to aquatic life and human health. This trend is driven by stringent environmental regulations and a growing preference for green chemistry solutions. Innovations in formulation and application methods are also contributing to the market's expansion, providing more efficient and targeted approaches to algae control.

North American and European regions are prominent markets for algaecides, owing to their advanced infrastructure, stringent regulatory frameworks, and high demand for water treatment solutions. However, the Asia-Pacific region is emerging as a key growth area due to rapid industrialization, population growth, and increased investments in water management and infrastructure projects. The market dynamics in these regions are shaped by varying regulatory standards, economic conditions, and levels of technological adoption.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Sports & Recreational Centers
    2. Market Snapshot, By Action Mode
    3. Market Snapshot, By Form
    4. Market Snapshot, By Application Method
    5. Market Snapshot, By End Use
    6. Market Snapshot, By Region
  4. Algaecides Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising algae-related health issues
        2. Increased demand in agriculture
        3. Expansion of aquaculture industries
        4. Growth in water treatment needs
        5. Technological advancements in formulations
      2. Restraints
        1. High cost of algaecides
        2. Environmental impact concerns
        3. Stringent regulatory requirements
        4. Limited effectiveness on some algae
        5. Market saturation in developed regions
      3. Opportunities
        1. Emerging markets growth potential
        2. Development of eco-friendly solutions
        3. Advances in targeted delivery methods
        4. Increased government support for research
        5. Innovations in biodegradable products
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Algaecides Market, By Sports & Recreational Centers, 2021- 2031 (USD Million)
      1. Surface Water Treatment
      2. Aquaculture
      3. Agriculture
      4. Others
    2. Algaecides Market, By Action Mode, 2021- 2031 (USD Million)
      1. Non-Selective
      2. Selective
    3. Algaecides Market, By Form, 2021- 2031 (USD Million)
      1. Liquid
      2. Granular Crystal
      3. Pellet
    4. Algaecides Market, By Application Method, 2021- 2031 (USD Million)

      1. Liquid Formulations

      2. Granular Formulations

    5. Algaecides Market, By End User, 2021- 2031 (USD Million)

      1. Aquaculture

      2. Agriculture

    6. Algaecides Market, By Geography, 2021- 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
    7. Competitive Landscape
      1. Company Profiles
        1. Airmax, Inc
        2. BASF SE
        3. UPL Limited
        4. Oreq Corporation
        5. Lonza Group AG
        6. BioSafe Systems
        7. LLC
        8. Dow Chemical Company
        9. Waterco Limited
        10. Nufarm Limited
        11. SePRO Corporation
    8. Analyst Views
    9. Future Outlook of the Market