Press release
Biocide Market Brief Analysis by Top Manufacturers: AkzoNobel N.V., BASF SE, Clariant AG, The Dow Chemical Company, Thor Group, Troy Corporation, LANXESS, Ashland Global Specialty Chemicals, Nalco Champion, Arch Chemicals and others
Biocide
About the Biocide Market:
The global biocide market size is estimated to be worth USD 13.76 billion by 2025 due to the increasing demand for the product in applications such as water treatment, paints & coatings and food & beverages among others. Rising need for extensive water treatment processes to address the growing demand for clean water globally, is the primary key factor attributing to the growth of the global biocide market.
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Biocide Market Competition by TOP PLAYERS, with Biocide sales volume, price, revenue (Million USD) and market share for each manufacturer/player; the top players including: AkzoNobel N.V., BASF SE, Clariant AG, The Dow Chemical Company, Thor Group, Troy Corporation, LANXESS, Ashland Global Specialty Chemicals, Nalco Champion, Arch Chemicals
Scope of the Report (Overlook 2019-2025):
The global biocide market report covers the analysis based on drivers, restraints and future opportunities that are expected to influence the revenue during the forecast period. Additional tools such as the Porter’s five forces analysis, PESTEL analysis, and value chain analysis are included to give a holistic market view. The market revenue forecast is provided up to 2025, with 2015 to 2017 representing the real-time historical sales with an annual forecast period between 2018 and 2025. The report also provides comprehensive analysis of the regional trends that will impact the global biocide market size. Furthermore, the report also provides qualitative insights on the potential oilfield biocide market.
By type, phenolic compounds is projected to contribute to over 13% of the global biocide market revenues by 2025. This can be attributed to the requirement of microbial protection for a wide number of applications including pulp, paper, paints, adhesives, water treatment and metalworking fluids. Furthermore, the use of phenolic as a disinfectant in hospitals, nursing homes, households, farms, laundries, and food processing plants will majorly drive the demand of this segment in the coming years.
By application, paints & coatings is projected to be the second fastest growing application in the global biocide market with a valuation of approximately USD 1.54 billion by 2025. The antimicrobial, antifungal and antibacterial properties of biocides (that help in restricting growth of unwanted fungus and bacteria) have escalated its demand in paints & coatings. The increasing construction activities in emerging countries has resulted in elevating the demand for paints and coatings, thereby acting as an aid in the growth of global biocide market.
Geographically, Asia Pacific is anticipated to grow at a CAGR of 6% during the forecast period. Increasing investments in infrastructure and manufacturing in the region are expected to offer huge growth opportunities to the regional biocide market growth. China and India are projected to emerge as the key driving countries during the forecast period.
Furthermore, the rising need for safe packaged food serves as a driving factor for the food and beverage industry, thereby, driving the global biocide market growth. Increasing government investments for waste water treatment across the region has further aggravated the demand of biocides. For instance, India's wastewater infrastructure capital expenditure is projected to increase by 83% over the next five years. This is to present immense lucrative opportunities for biocide manufacturers.
Type Overview, 2015-2025 (USD Million)
• Phenol
• Organosulfurs
• Nitrogen
• Organic Acids
• Halogen Compounds
• Metallic Compounds
• Others
Application Overview, 2015-2025 (USD Million)
• Oil & Gas
• Water Treatment
• Paints & coatings
• Food & Beverages
• HVAC
• Personal Care
• Fuels
• Boilers
What Information does this report contain?
• Historical data coverage: 2014 to 2017; Growth Projections: 2019 to 2025.
• Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
• 6-7 year performance forecasts: major segments covering applications, top products and geographies.
• Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.
Who should buy this report?
This study is suitable for industry participants and stakeholders in the global biocide market, who want an in-depth insight into the movement of the global biocide market. The report will benefit:
• Executives of global biocide companies that are engaged in the biocide production and exporting
• Managers within financial institutions looking to publish recent and forecasted statistics pertaining to global biocide market
• Venture capitalists and investors looking for more information on the future outlook of the global biocide market
• Government organizations, regulatory authorities, policymakers and financial organizations looking for innovative solutions for producing biocide
• Analysts, researchers, educators, strategy managers, and academic institutions looking for insights into the market to determine future strategies
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About Adroit Market Research:
Adroit Market Research provide quantified B2B research on numerous opportunistic markets, and offer customized research reports, consulting services, and syndicate research reports. We assist our clients to strategize business decisions and attain sustainable growth in their respective domain. Additionally, we support them with their revenue planning, marketing strategies, and assist them to make decisions before the competition so that they remain ahead of the curve.
Ryan Johnson
Adroit Market Research
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Dallas, TX 75204
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Email: sales@adroitmarketresearch.com
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