Biocides Market Opportunities and Forecasts, 2014 - 2022
No of Pages: 260
Published date: Feb - 2017
Introduction to Biocides Market
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Biocides Market Report, published by Allied Market Research, forecasts that the global market was valued at $6,479 million in 2015, and is expected to reach $9,912 million by 2022, supported by a CAGR of 6.3% during the forecast period 2014 to 2022.
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The metallic compounds segment held nearly two-fifths of the total market share in 2015.
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Biocides are chemicals that combat pests or microorganisms such as molds, bacteria, algae, insects, and rodents. Biocides include various products such as disinfectants, wood preservatives, rodenticides, antifouling agents (on boats), and in-can preservatives, which are used in homes, hospitals, industries, and others.
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Biocide preservation applications that encompass preservation of water-based paints, adhesives, polymer dispersions, and metal working fluids (implied during the shaping of metals) have high market demand, accounting for the highest consumption of speciality biocides both in terms of volume and value.
Introduction to Biocides Market
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Despite regulatory pressures reducing the number of biocides depending on their concentrations in end products, blends of carefully selected biocidal active substances in optimal ratios coupled with new advancements provide improved preservation solutions without the need for cautionary labelling.
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Presently, the global biocides market is witnessing vivid opportunities due to increased focus of governments of various economies on the consumption of clean water.
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Biocides also find wide array of applications in a broad range of products such as antimicrobial coatings and food & pulp industry.
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Moreover, they control sulfate reducing bacteria and slime forming bacteria in oil well drilling, oil field processing, and gas storage equipment.
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Thus, emerging applications of biocides is another major factor anticipated to propel the growth of the global biocides market over the forecast period.
Biocides Market Key Segments
Biocides Market
By End User
By Type
Metallic Compounds
HalogenBased Derivatives
Food & Beverage
Agriculture
Construction
Biocides Market Top Investment Pockets
Biocides Market Key Benefits •
The report provides an extensive analysis of the current trends and future projections of the global biocides market.
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The report provides comprehensive analysis of North America, Europe, Asia-Pacific, and LAMEA to understand the regional trends.
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The report includes the qualitative and quantitative analyses of the current market from 2014 to 2022 to determine the prevailing opportunities.
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Comprehensive analysis of factors that drive and restrict the growth of the market is provided in the report.
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Extensive analysis is conducted by following key product positioning and by monitoring the top competitors.
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The report provides extensive qualitative insights on the potential and niche segments or regions.
Biocides Market By Geography
North America
Europe
Asia-Pacific
Key Players of Biocides Market •
The Dow Chemical Company
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Troy Corporation
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BASF SE
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Thor Group
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AkzoNobel N.V
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Clariant Corporation
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Lanxess AG
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Solvay SA
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Kemira OYJ
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Lonza Chemicals.
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