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Agricultural Algaecides Market Global Market Report 2022: Ukraine-Russia War Impact

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    Report

  • 175 Pages
  • December 2022
  • Region: Global
  • The Business Research Company
  • ID: 5697582
Major players in the agricultural algaecides market are Badische Anilin und Soda Fabrik SE, Dow Inc, Nufarm Agriculture Inc., Bioguard Organics Ltd., Bayer AG, Lonza Group, Pinch A Penny Inc., UPL Limited, Oreq Corporation, Waterco Limited, Pool Corporation, Syngenta Group Co. Ltd, BioSafe Systems LLC, and Airmax Inc.

The global agricultural algaecides market is expected to grow from $ 2.92 billion in 2021 to $ 3.20 billion in 2022 at a compound annual growth rate (CAGR) of 9.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The agricultural algaecides market is expected to grow to $ 4.07 billion in 2026 at a CAGR of 6.2%.

The agricultural algaecides market consists of sales of agricultural algaecides by entities (organizations, sole traders, and partnerships) that are useful in controlling slime molds, algae, and cyanobacteria. Algaecides are natural or synthetic substances used to kill and prevent the growth of algae and any such parasites that can hinder plant growth and affect crop production.

The main types of agricultural algaecides sold on the market are copper sulfate, chelated copper, peroxyacetic acid, hydrogen dioxide, dyes and colorants, and others. In both agricultural and non-agricultural environments, copper sulfate is used in fungicides, algaecides, root killers, and herbicides. Copper sulfate is a chemical compound denoted as CuSO4 and also called blue vitriol, the vitriol of copper, and bluestone. The different modes of action include selective and non-selective. The several categories include synthetic and natural algaecides that are available in both solid and liquid forms.

North America was the largest region in the agricultural algaecides market in 2021. The regions covered in the agricultural algaecides market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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, according to the U.S. Department of Agriculture (USDA), in 2020, $ 1.05 trillion, or 5.0% of the U.S. GDP, came from agriculture, food, and associated businesses. Also, an estimated 0.6% of GDP, or $ 134.7 billion, came from the produce of American farmers. Therefore, the expansion of the agricultural sector is driving the growth of the agricultural algaecides market.

The continuous development of innovative and novel algaecide formulations is a key trend gaining popularity in the agricultural algaecide market. Major market players and researchers are constantly looking to launch innovative formulations to suit various kinds of algae and molds, which offer customers more options to choose from. For instance, in March 2020, BioWorks, a US-based biotechnology firm, launched its unique broad-spectrum algaecide and fungicide formulation, PERpose Plus. It is useful for the suppression and control of fungus and algae on equipment and hard surfaces in all stages of crop production and post-harvest usage.

In July 2019, Excellere Partners, a US-based private equity investment firm, acquired SePRO Corporation for an undisclosed amount. Through this acquisition, Excellere hopes to grow SePRO through a mix of infrastructure investments, increased market penetration of its current products into both existing and new industries, and the commercialization of new technologies. SePRO Corporation is a US-based manufacturer of herbicides, insecticides, and algaecides.

The countries covered in the agricultural algaecides market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The agricultural algaecides market research report is one of a series of new reports that provides agricultural algaecides market statistics, including global market size, regional shares, competitors with agricultural algaecides market share, detailed agricultural algaecides market segments, market trends, and opportunities, and any further data you may need to thrive in the agricultural algaecides industry. This agricultural algaecide market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.



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Frequently Asked Questions about the Global Agricultural Algaecides Market

What is the estimated value of the Global Agricultural Algaecides Market?

The Global Agricultural Algaecides Market was estimated to be valued at $3.2 billion in 2022.

What is the growth rate of the Global Agricultural Algaecides Market?

The growth rate of the Global Agricultural Algaecides Market is 6.2%, with an estimated value of $4.07 billion by 2026.

What is the forecasted size of the Global Agricultural Algaecides Market?

The Global Agricultural Algaecides Market is estimated to be worth $4.07 billion by 2026.

Who are the key companies in the Global Agricultural Algaecides Market?

Key companies in the Global Agricultural Algaecides Market include Badische Anilin und Soda Fabrik SE, Dow Inc, Nufarm Agriculture Inc., Bioguard Organics Ltd., Bayer AG, Lonza Group, Pinch A Penny Inc., UPL Limited and Waterco Limited.

Table of Contents

1. Executive Summary2. Agricultural Algaecides Market Characteristics3. Agricultural Algaecides Market Trends And Strategies
4. Agricultural Algaecides Market - Macro Economic Scenario
4.1. COVID-19 Impact On Agricultural Algaecides Market
4.2. Ukraine-Russia War Impact On Agricultural Algaecides Market
4.3. Impact Of High Inflation On Agricultural Algaecides Market
5. Agricultural Algaecides Market Size And Growth
5.1. Global Agricultural Algaecides Historic Market, 2016-2021, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Agricultural Algaecides Forecast Market, 2021-2026F, 2031F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Agricultural Algaecides Market Segmentation
6.1. Global Agricultural Algaecides Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Copper Sulfate
  • Chelated Copper
  • Peroxyacetic Acid and Hydrogen Dioxide
  • Dyes and Colorants
  • Other Types
6.2. Global Agricultural Algaecides Market, Segmentation By Mode of Action, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Selective
  • Non-Selective
6.3. Global Agricultural Algaecides Market, Segmentation By Category, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Synthetic Algicides
  • Natural Algicides
6.4. Global Agricultural Algaecides Market, Segmentation By Form, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Solid
  • Liquid
7. Agricultural Algaecides Market Regional And Country Analysis
7.1. Global Agricultural Algaecides Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
7.2. Global Agricultural Algaecides Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
8. Asia-Pacific Agricultural Algaecides Market
8.1. Asia-Pacific Agricultural Algaecides Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Agricultural Algaecides Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
8.3. Asia-Pacific Agricultural Algaecides Market, Segmentation By Form, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
9. China Agricultural Algaecides Market
9.1. China Agricultural Algaecides Market Overview
9.2. China Agricultural Algaecides Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
9.3. China Agricultural Algaecides Market, Segmentation By Form, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
10. India Agricultural Algaecides Market
10.1. India Agricultural Algaecides Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
10.2. India Agricultural Algaecides Market, Segmentation By Form, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
11. Japan Agricultural Algaecides Market
11.1. Japan Agricultural Algaecides Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
11.2. Japan Agricultural Algaecides Market, Segmentation By Form, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
12. Australia Agricultural Algaecides Market
12.1. Australia Agricultural Algaecides Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
12.2. Australia Agricultural Algaecides Market, Segmentation By Form, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
13. Indonesia Agricultural Algaecides Market
13.1. Indonesia Agricultural Algaecides Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
13.2. Indonesia Agricultural Algaecides Market, Segmentation By Form, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
14. South Korea Agricultural Algaecides Market
14.1. South Korea Agricultural Algaecides Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
14.2. South Korea Agricultural Algaecides Market, Segmentation By Form, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
15. Western Europe Agricultural Algaecides Market
15.1. Western Europe Agricultural Algaecides Market Overview
15.2. Western Europe Agricultural Algaecides Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
15.3. Western Europe Agricultural Algaecides Market, Segmentation By Form, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
16. UK Agricultural Algaecides Market
16.1. UK Agricultural Algaecides Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
16.2. UK Agricultural Algaecides Market, Segmentation By Form, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
17. Germany Agricultural Algaecides Market
17.1. Germany Agricultural Algaecides Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
17.2. Germany Agricultural Algaecides Market, Segmentation By Form, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
18. France Agricultural Algaecides Market
18.1. France Agricultural Algaecides Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
18.2. France Agricultural Algaecides Market, Segmentation By Form, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
19. Eastern Europe Agricultural Algaecides Market
19.1. Eastern Europe Agricultural Algaecides Market Overview
19.2. Eastern Europe Agricultural Algaecides Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
19.3. Eastern Europe Agricultural Algaecides Market, Segmentation By Form, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
20. Russia Agricultural Algaecides Market
20.1. Russia Agricultural Algaecides Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
20.2. Russia Agricultural Algaecides Market, Segmentation By Form, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
21. North America Agricultural Algaecides Market
21.1. North America Agricultural Algaecides Market Overview
21.2. North America Agricultural Algaecides Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
21.3. North America Agricultural Algaecides Market, Segmentation By Form, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
22. USA Agricultural Algaecides Market
22.1. USA Agricultural Algaecides Market Overview
22.2. USA Agricultural Algaecides Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
22.3. USA Agricultural Algaecides Market, Segmentation By Form, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
23. South America Agricultural Algaecides Market
23.1. South America Agricultural Algaecides Market Overview
23.2. South America Agricultural Algaecides Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
23.3. South America Agricultural Algaecides Market, Segmentation By Form, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
24. Brazil Agricultural Algaecides Market
24.1. Brazil Agricultural Algaecides Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
24.2. Brazil Agricultural Algaecides Market, Segmentation By Form, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
25. Middle East Agricultural Algaecides Market
25.1. Middle East Agricultural Algaecides Market Overview
25.2. Middle East Agricultural Algaecides Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
25.3. Middle East Agricultural Algaecides Market, Segmentation By Form, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
26. Africa Agricultural Algaecides Market
26.1. Africa Agricultural Algaecides Market Overview
26.2. Africa Agricultural Algaecides Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
26.3. Africa Agricultural Algaecides Market, Segmentation By Form, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
27. Agricultural Algaecides Market Competitive Landscape And Company Profiles
27.1. Agricultural Algaecides Market Competitive Landscape
27.2. Agricultural Algaecides Market Company Profiles
27.2.1. Badische Anilin und Soda Fabrik SE
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. Dow Inc
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Nufarm Agriculture Inc.
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. Bioguard Organics Ltd.
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. Bayer AG
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Agricultural Algaecides Market29. Agricultural Algaecides Market Future Outlook and Potential Analysis
30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Historic And Forecast Inflation Rates
30.4. Research Inquiries
30.5. About the Publisher
30.6. Copyright And Disclaimer

Executive Summary

Agricultural Algaecides Market Global Market Report 2022: Ukraine-Russia War Impact provides the strategists, marketers and senior management with the critical information they need to assess the global agricultural algaecides market.

This report focuses on agricultural algaecides market which is experiencing strong growth. The report gives a guide to the agricultural algaecides market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Assessment of Russia - War Impact on agriculture, energy and mineral commodities supply and their direct and indirect impact on the market analyzed in the report.
  • Impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Description:

Where is the largest and fastest growing market for the agricultural algaecides market? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Agricultural Algaecides market global report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider agricultural algaecides market, and compares it with other markets.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($ b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
  • Our forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of covid 19 on supply chains and consumption patterns.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The agricultural algaecides market section of the report gives context. It compares the agricultural algaecides market with other segments of the agricultural algaecides market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, agricultural algaecides market indicators comparison.

Scope

Markets Covered:

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

Companies Mentioned: Badische Anilin und Soda Fabrik SE; Dow; Nufarm Agriculture Inc.; Bioguard Organics Ltd.; Bayer AG

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Badische Anilin und Soda Fabrik SE
  • Dow Inc
  • Nufarm Agriculture Inc.
  • Bioguard Organics Ltd.
  • Bayer AG
  • Lonza Group
  • Pinch A Penny Inc.
  • UPL Limited
  • Oreq Corporation
  • Waterco Limited
  • Pool Corporation
  • Syngenta Group Co. Ltd
  • BioSafe Systems LLC
  • Airmax Inc.

Methodology

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