Biocides Market Growth, Competitive Strategies and Forecast to 2022 |Growing Industry Key Players: Clariant Power System Limited, Thor Specialties, BASF, Dow Microbial Control

The Biocides Market was worth USD 7.31 billion in the year of 2012 and is expected to reach approximately USD 11.87 billion by 2022, while registering itself at a compound annual growth rate (CAGR) of 4.46% during the forecast period. Rising requirement from mechanical applications, especially in paints and coatings, personal care and water treatment combined with the dynamic extension of these end-use sectors is anticipated to boost the biocides market in the upcoming years. Expanding implementation of water treatment procedures in nations including Japan, India and China are relied upon to drive the development of the market. Additionally, developing awareness of health is anticipated to spur the demand for clean water and is anticipated to spur the growth of the market throughout the following years. Rising requirement for consumable water in industrial and domestic applications because of expanding populace is anticipated to fuel the demand in water treatment application.

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Biocides Market Competitive Insights:
Worldwide biocides market is decently focused with top three members representing more than 45 percent of aggregate demand in 2014. Arch Chemicals was one of the main players, with a share of more than 15 percent in 2014. Other key players are Troy Corporation, Clariant Power System Limited, Thor Specialties, BASF, Dow Microbial Control, Thor Specialties and Lubrizol. Organizations require a lot of investment toward the start-up stage because of strict government directions with respect to testing and naming of these items before and after making them accessible. This is anticipated to dishearten penetration of new players over the estimate time frame.

The global Biocides Market is segmented as follows:
By Product:
• Metallic compounds
• Halogen compounds
• Organic acids
• Organosulfurs
• Nitrogen
• Phenolic
• Others

By Application:
• Food & beverage
• Water treatment
• Wood preservation
• Personal care
• HVAC
• Paints & coatings
• Oil & gas
• Fuels
• Boilers
• Others

By Region:
North America
• U.S
• Canada
• Mexico
Europe
• Germany
• France
• UK
• Italy
• Spain
• Rest of Europe
...

Biocides Market Product Outlook:
Halogen biocides market section commanded worldwide demand in 2014, representing more than 25% of total profit and this pattern is relied upon to proceed over the gauge time frame. Cost-effective and simple raw material accessibility of halogens, for example, bromine, iodine and chlorine are anticipated to be one of the essential factors driving the fragment development. In 2014 metallic compounds produced profit surpassing USD 1.5 billion. These are utilized as disinfectants in cooling towers and water treatment plants. Expanding requirement for clean water is anticipated to fuel metallic compounds requirement over the conjecture time frame.

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Table of Contents:
1. Introduction
1.1. Report Description
1.2. Research Methodology
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
...CONTINUED FOR TOC

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Data Mining:
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.

About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.

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