ID: MRFR/CnM/5040-UR | Upcoming | Region: Global | None
Biocides or biocidal substances are categorized into disinfectants, preservatives, insecticides and pesticides that are used to exert a controlling effect on organisms that are harmful to human or animal health. The global biocides market is marked to expand at a moderate growth rate in the forthcoming years. Increasing utilization of biocides and biocidal products in multiple industrial sectors for disinfecting purposes is majorly driving the global biocides market. Application of biocides in food and beverages industry for disinfecting pipes, equipment, and surfaces which are in close contact with manufacturing and packaging processes, spur in demand for clean water for domestic and industrial use and increasing utilization of biocidal products as anti-fouling agents and disinfectants have created multiple opportunities for the expansion of the global biocides market. On the flipside, biocidal active products have relatively high toxicity and long-term exposure to these products may cause hazards to human health. Hence, rise in concern regarding the health hazards caused by biocides and biocidal products is creating hindrance in the growth of the global biocidal market during the assessment period.
This MRFR study report delivers a comprehensive analysis of key trends in the global biocides market. It includes a detailed discussion on the historical market trends, current market dynamics, growth opportunities and challenges that are backed by factual feedbacks. The primary types of biocide products that are assessed in the report are halogen compounds, organosulfur, metallic compounds, organic acids, nitrogen, phenolics, and others. for opportunity analysis, major application areas that are covered in the report are food & beverages, wood preservation, water treatment, personal care, paints and coatings, boilers, HVAC, fuels, oil and gas, and others. All the sub-market covered in the report are profiled under four major regions such as North America, Asia Pacific, Europe and the rest of the world with respective country-level analysis.
The report on the global biocides market covers historical market trends, market dynamics, market valuation by region as well as segmentation, key players' market share evaluation, country-level analysis for each market segment, supply chain analysis and competitive landscape.
Some of the major players operating in the global biocides market are AkzoNobel N.V., Akcros Chemicals, Albemarle Corporation, Arch Chemicals Inc., Champion Technologies, Lubrizol, Anpath Group Incorporated, Baker Hughes Incorporated, Ashland Inc., BASF, BWA Water Additives, GE Water and Process Technologies, Solvary SA, Sigma-Aldrich, Thor Group limited, Buckman Laboratories International Inc., Cortec Corporation, Troy Corporation, Clariant AG, The Dow Chemical Company, Lanxess AG and others.
Market Research Future (MRFR) employs its comprehensive research methodology for quantitative and qualitative evaluation of cross-category market trends to deliver in-depth market insights. To ensure accuracy and reliability of the market foresight, information is probed through primary and secondary research methods. The exclusive surveys and first-hand interview are conducted with the key opinion makers across the value chain for collection of primary data. This primary data is further verified through secondary research processes which include inputs from SEC filings, paid databases, white paper references, research publications and other credible sources available in public domain. Additionally, strong data triangulation method and top-down and bottom-up approaches are utilized to extrapolate and verify research findings to ensure accuracy and objectivity of the market foresight.
For the scope of research, MRFR’s report offers a detailed segmental analysis of the global biocides market
Frequently Asked Questions (FAQ) :
Biocides are substrates that have antimicrobial properties and hence are used in a variety of applications, including water treatment, food & beverages, paints & coatings, personal care, wood preservation, and many others.
The industrial preservation segment by applications accounts for the largest share in the global Biocides market.
Increasing utilization for disinfecting purposes across the industries.
North America holds the largest share in the global Biocides market followed by Asia Pacific and Europe, respectively.
Cortec Corporation, Arch Chemicals Inc., Buckman Laboratories International Inc., Anpath Group Incorporated, GE Water and Process Technologies, Ashland Inc., Sigma-Aldrich, Champion Technologies, Lanxess AG, AkzoNobel N.V., BWA Water Additives, BASF, Clariant AG, Thor Group Limited, The Dow Chemical Company, Albemarle Corporation, Solvary SA, Akcros Chemicals, Baker Hughes Incorporated, Lubrizol, and Troy Corporation, are some of the major players operating in the global biocides market.
Strategic initiatives such as mergers & acquisitions, collaborations, expansion, and technology/ product launch are some of the growth strategies that players operating in the global biocides market adopt to gain a larger competitive advantage.