As per this study the Global Biocides Market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2028 with a CAGR of XX%.
Biocides are the toxic substances specially designed to kill, suppress, inhibit or control the growth of harmful bacteria, microorganism by means of chemical, physical or biological method. These include various pesticides, insecticides, and preservatives that are used to control multiplication of harmful organisms. They are available in liquid and powder form and are used in water treatment, food and beverage, paints & coatings and several other industries
The market is projected to expand in the following years owing to soaring demand from end-user industries. Growing demand for clean and bacteria free water across residential, commercial and industrial sector is driving the market growth. Rising health concerns is another factor boosting the market growth. Robust demand for paints & coatings on account of ongoing construction projects across the globe is also escalating the demand for biocides. However, stringent regulation imposed on usage of biocides in some regions may hinder the growth of this market.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of biocides.
The broad biocides market has been sub-grouped into type and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Halogen Compound
- Metallic Compound
- Organic Acids
- Other Types
- Water Treatment
- Pharmaceutical & Personal Care
- Wood Preservation
- Food & Beverage
- Paints & Coatings
- Other Application
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for biocides in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Biocides Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the biocides market include AkzoNobel NV, Albemarle Corporation, Baker Hughes Incorporated, BASF SE, BWA WATER ADDITIVES, Dow DuPont, Ecolab, Kemira, Lonza, Lubrizol
, and Merck KGaA
among others. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
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