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

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

  • November 2020 •
  • 63 pages •
  • Report ID: 5999797 •
  • Format: PDF
The water treatment biocides market in South America is expected to grow from US$ 238.98 million in 2019 to US$ 351.02 million by 2027; it is estimated to grow at a CAGR of 5.1% from 2020 to 2027. Surging demand for water treatment biocides in South America is expected to boost the growth of the water treatment biocides market. Brazil is anticipated to account for the largest share of the SAM water treatment biocides market during the forecast period. Presence of major manufacturers such as DuPont, Ecolab Inc., and Albemarle Corporation, in the region, has a positive impact on the market. Growing demand from the water treatment segment and rising demand from the reviving construction industry are driving the market for water treatment biocides in South America. Various developed countries in South America have extremely stringent safety norms that must be followed by the citizens. Brazil is expected to be the largest country for water treatment biocides due to the presence of many companies in the country specializing in nearly every industry, including food & beverages, water purification, and painting and coating, all of which are key consumers of biocides. The water treatment biocides market in South America is projected to witness significant growth during the forecast period. . The country’s strong state-level and national-level municipal regulations are also generating a positive impact on the market. Increasing demand for water treatment biocides from numerous end applications is among the other factors expected to positively influence the demand for water treatment biocides.

In terms of application, the oil & gas segment led the water treatment biocides market in 2019.Oil & gas production occurs throughout the world.

Each oilfield is unique and the construction and development of each new oilfield presents many challenges and opportunities for petroleum engineers.Differences in geology, topography, and climate in and around an oilfield will dictate how the oilfield is developed, maintained and eventually decommissioned.

However, one thing that is a constant in an oilfield, regardless of its location, is the need for biocides.Biocides are used in all stages of oilfield development, from the initial drilling of the wells and the day to day production of oil and gas, and in all aspects of the maintenance of the field.

They play an important role in the life of an oilfield and are a valuable tool in ensuring that oil and gas are produced safely and reliably. There are different biocides which are used in oil and gas industry. Acrolein is an extremely reactive molecule that is used to perform several different functions in the oil field. It is an effective biocides at low use concentrations and will also reduce hydrogen sulfide concentrations. It is also used in squeeze treatments to aid in the dissolution of iron sulfide. Bronopol is a halogenated diol that also contains an electrophilic carbon atom. It is used primarily in fluid preservation applications, most notable in the preservation of fracturing fluids or other fluids that are neutral to slightly basic in pH, Bronopol is particularly effective against Pseudomonas bacteria. DBNPA is a halogenated amide and is considered a fast kill biocides. This biocides is used primarily to treat the water used to prepare fracturing fluids.

Brazil has the highest number of COVID-19 cases, followed by Ecuador, Chile, Peru, and Argentina.The government of South America has taken an array of actions to protect their citizens and contain COVID-19’s spread.

It is anticipated that South America would face lower export revenues, both from the drop in commodity prices and reduction in export volumes, especially to China, Europe, and the US, which are important trade partners. Containment measures in several countries of South America will reduce economic activity in the manufacturing sectors for at least the next quarter, with a rebound once the epidemic is contained.
The overall South America water treatment biocides market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.

The process also serves the purpose of obtaining overview and forecast for the South America water treatment biocides market with respect to all the segments pertaining to the region.Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic.

The participants who typically take part in such a process include industry experts, such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants, such as valuation experts, research analysts, and key opinion leaders specializing in the South America water treatment biocides market. Key players operating in the market include Albemarle Corporation; DuPont de Nemours, Inc.; Ecolab Inc.; Kemira Oyj; Nouryon; and Italmatch Chemicals SpA.
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