North America Water Treatment Biocides Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Product Type, and Application

According to a new market research study on “North America Water Treatment Biocides Market to 2027 - COVID-19 Impact and Regional Analysis and Forecast by product type, and application, is expected to reach US$ 1,864.43 million by 2027 from US$ 1,194.74 million in 2019. The market is estimated to grow at a CAGR of 5.9% from 2020 to 2027. The report provides trends prevailing in the North America water treatment biocides market along with the drivers and restraints pertaining to the market growth. Rising demand from numerous end-applicationsare the major factor driving the growth of the North America water treatment biocides market. However, issues associated with the lengthy and expensive registration process related to biocides hinder the growth of North America water treatment biocides market.

The North America market for water treatment biocides is segmented into product type, application, and country. Based on product type, the market is segmented into oxidizing biocides, and non-oxidizing biocides. In 2019, the non-oxidizing biocides segment held the largest share North America water treatment biocides market. Similarly, based on application, the market is bifurcated into municipal water treatment, oil and gas, power plants, pulp and paper, mining, swimming pools and others. The oil and gassegment contributed a larger share in 2019.

The U. S has the highest number of confirmed cases of COVID-19, as, compared to Canada and Mexico. This likely to impact the transport in the region as, due to the COVID-19 outbreak, the supply and distribution chain is likely to get affected. In addition, the overall manufacturing processes, research, and development activities will also impact market growth.

Albemarle Corporation, DuPont de Nemours, Inc., Solenis, Ecolab Inc., Innovative Water Care, LLC, KemiraOyj, Nouryon, Suez, Veolia, and Italmatch Chemicals SpAare among the leading companies in the North America water treatment biocides market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in September 2,2020 Albemarle Corporation a leader in the global specialty chemicals industry, announced today the company has been selected by the U. S. Department of Energy (DOE) as a critical partner for two lithium research projects over three years through a Battery Manufacturing Lab Call. Albemarle will work in conjunction with two DOE labs on the company's approved projects.Reasons to Buy

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America 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 North America 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 North America 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