Middle East and Africa 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)
Water treatment biocides are used to control the microbial growth in water bodies. Biocides have found a wide range of applications ranging from swimming pools and municipality water treatment to industrial water treatment such as oil & gas, power plants, mining, paper, and pulp. The water treatment biocides have been gaining increasing importance all over the Middle East and Africa region owing to its wide range of applications. Complications that occurred due to uncontrolled microbial growth can range from the breakdown of chemicals, health hazards, heat transfer losses, the development of biofilms, restriction of flow, and under deposit corrosion. Therefore, the increasing awareness of water treatment bodies' applications has created an upsurge in the Middle East and Africa market. Thus, the increasing demand from numerous end- applications is expected to create a significant demand for biocides in the coming years, which is further anticipated to drive the Middle East and Africa water treatment biocides market.
Market Overview and Dynamics
The water treatment biocides market in Middle East and Africa is expected to grow from US$ 280.73 million in 2019 to US$ 420.07 million by 2027; it is estimated to grow at a CAGR of 5.3% from 2020 to 2027. 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 worldwide 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 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. 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 water treatment biocides market is mainly dependent on its application areas increasing demand for them is boosting the market growth significantly.
Saudi Arabia has the largest COVID-19 cases in the Middle East and Africa region, and is followed by South Africa and UAE, among others. UAE was the first country in Middle East and Africa to report a confirmed case of coronavirus.
Key Market Segments
In terms of product type, the Non- oxidizing Biocides segment accounted for the largest share of the MEA water treatment biocides market in 2019. Further, the Oil and Gas segment held a larger share of the market based on application in 2019.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the Water treatment biocides market in Middle East and Africa are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Albemarle Corporation, DuPont de Nemours, Inc., Solenis, Ecolab Inc., Innovative Water Care LLC, Kemira Oyj, Nouryon, Suez, Veolia, and Italmatch Chemicals SpA. among others.
Reasons to buy report
Understand the Middle East and Africa Water treatment biocides market landscape and identify market segments that are likely to guarantee a strong returnStay ahead of the race by comprehending the ever-changing competitive market landscape in the Middle East and Africa Efficiently plan mergers and acquisitions and partnership deals in Middle East and Africa Water treatment biocides market by identifying market segments with the most promising probable salesHelps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various market segmentsObtain revenue forecast for market based on various segments for the period 2020-2027Middle East and Africa Water Treatment Biocides Market Segmentation
Middle East and Africa Water Treatment Biocides Market - by Product Type
Oxidizing BiocidesNon- oxidizing BiocidesMiddle East and Africa Water treatment biocides Market - by Application
Municipal Water TreatmentOil and GasPower PlantsPulp and PaperMiningSwimming PoolsOthers Middle East and Africa Water Treatment Biocides Market - By Country
Saudi ArabiaSouth AfricaUAERest of MEAMiddle East and Africa Water Treatment Biocides - Company Profiles
Albemarle CorporationDuPont de Nemours, Inc.SolenisEcolab Inc.Innovative Water Care LLCKemira OyjNouryonSuezVeoliaItalmatch Chemicals SpA
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Middle East and Africa Water Treatment Biocides market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the Middle East and Africa Water Treatment Biocides market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth Middle East and Africa market trends and outlook coupled with the factors driving the Water Treatment biocides market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook