Copper Pyrithione Industry with Future Market Projections for Forthcoming Years 2018 - 2026

Global Copper Pyrithione Market: Introduction

Pyrithione is an organic chemical that is used in various forms as an industrial biocide. Pyrithione is also known as 2-pyridinethiol-1-oxide, 1-Hydroxy-2-pyridinethione, 2-mercaptopyridine-N-oxide, pyridinethione-N-oxide, pyridine-2-thione-N-oxide, 2-pyridinethione, pyridinethione, or PT. It is known for its fungicidal and bactericidal properties. It has been predominantly employed as an antifouling agent in marine ships for several decades.

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Several metal compounds of pyrithione are used as a biocide, of which two are most commonly used: zinc pyrithione and copper pyrithione. Copper pyrithione is relatively more toxic and hence, it is largely used in industrial applications. One of the key uses of copper pyrithione is its application as a biocide in marine paints to prevent accumulation of marine flora and fauna on ship hulls. Copper pyrithione is also employed in anti-fouling paints. Mostly, it is used as a co-biocide (or booster biocide) along with another biocide such as zinc pyrithione.

Global Copper Pyrithione Market: Drivers

Anti-fouling coatings is a leading product type of marine coatings across the world. These coatings protect marine vessels and ships from fouling organisms and slime. Copper pyrithione is the active ingredient of these coatings. Thus, the rising demand for anti-fouling coatings is anticipated to propel the demand for copper pyrithione across the globe in the near future. Dry-docking activities are also on the rise, which is likely to boost the demand for anti-fouling coatings and thereby, for copper pyrithione. Major companies manufacturing anti-fouling coating systems are Akzo Nobel N.V., PPG Industries Inc., Jotun A/S, Hempel A/S, and Sherwin-Williams Company. All of these use copper pyrithione as a co-biocide in their products.

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On the other hand, the development of foul-release coatings, which are biocide-free, is gaining momentum in the marine coatings industry. These systems are rapidly replacing anti-fouling systems. The development and use of foul-release coating systems is expected to hamper the demand for copper pyrithione in the next few years. Furthermore, higher toxicity of copper pyrithione compared to other pyrithiones is also expected to hamper the demand for copper pyrithione for use in drugs and cosmetics in the next few years.

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