According to a new market research study on “Europe Water Treatment Biocides Market to 2027 - COVID-19 Impact and Regional Analysis by product type, and application, is expected to reach US$ 1,680.29 million by 2027 from US$ 1,099.21 million in 2019. The market is estimated to grow at a CAGR of 5.6% from 2020 to 2027. The report provides trends prevailing in the Europe water treatment biocides market along with the drivers and restraints pertaining to the market growth. Growing demand of water treatment biocidesare the major factor driving the growth of the Europe water treatment biocides market. However, issues associated with the lengthy and expensive registration process related to biocides hinder the growth of Europe water treatment biocides market.
The Europe 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 Europe 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.
In Europe, Russia, Italy, and Spain is the hardest-hit country by the coronavirus outbreak. It is expected to suffer an economic hit due to a lack of revenue from various industries, as Russia, Italy, and Spain recorded the highest number of coronavirus cases. Other member states have implemented drastic measures and travel restrictions, including partially closing their borders. This anticipated to impact market growth in Europe.
Albemarle Corporation, DuPont de Nemours, Inc., Solenis, Ecolab Inc., Innovative Water Care, LLC, Kemira Oyj, Nouryon, Suez, Veolia, and Italmatch Chemicals SpA are among the leading companies in the Europe 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 2 October 2019, Italmatch Chemicals announced that it has acquired Water Science Technologies (WST), a leading blender and chemical solutions provider.
Reasons to Buy
The Europe 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 Europe 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.
In Europe, Russia, Italy, and Spain is the hardest-hit country by the coronavirus outbreak. It is expected to suffer an economic hit due to a lack of revenue from various industries, as Russia, Italy, and Spain recorded the highest number of coronavirus cases. Other member states have implemented drastic measures and travel restrictions, including partially closing their borders. This anticipated to impact market growth in Europe.
Albemarle Corporation, DuPont de Nemours, Inc., Solenis, Ecolab Inc., Innovative Water Care, LLC, Kemira Oyj, Nouryon, Suez, Veolia, and Italmatch Chemicals SpA are among the leading companies in the Europe 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 2 October 2019, Italmatch Chemicals announced that it has acquired Water Science Technologies (WST), a leading blender and chemical solutions provider.
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe 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 Europe 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 Europe 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
Table of Contents
1. Introduction
3. Research Methodology
4. Water Treatment Biocides Market Landscape
5. Water treatment biocides Market - Key Market Dynamics
6. Water Treatment Biocides - Europe Market Analysis
7. Water Treatment Biocides Market Analysis - by Product Type
8. Water Treatment Biocides Market Analysis - by Application
9. Water Treatment Biocides Market - Country Analysis
10. Impact of COVID-19 Pandemic on Europe Water Treatment Biocides Market
11. Industry Landscape
12. Company Profiles
13. Appendix
List of Tables
List of Figures
Companies Mentioned
- Albemarle Corporation
- DuPont de Nemours, Inc.
- Solenis
- Ecolab Inc.
- Innovative Water Care LLC
- Kemira Oyj
- Nouryon
- Suez
- Veolia
- Italmatch Chemicals SpA
