openPR Logo
Press release

North America is the key Market for Biocides & Key Players: BASF SE (Germany), Akzonobel N.V. (The Netherlands), Clariant AG (Switzerland), The Dow Chemical Company (U.S.)

02-12-2019 12:20 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: MarketsandMarkets™

/ PR Agency: MNM
The report “Biocides Market by Type (Halogen compounds, Metallic compounds, Organosulfurs, Organic acids, Phenolics, and Others) and by Application (Water treatment, Personal care, Wood preservation, Food & beverage, Paints & coatings, and Others) - Global Trends and Forecasts to 2020” defines and segments the biocides market with an analysis and forecast for types and applications by volume as well as value. The biocides market size by value is projected to reach USD 10.6 Billion by 2020, with a CAGR of 4.8% between 2015 and 2020.

Download PDF Sample Report at https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1277

Browse 88 tables and 59 figures spread through 149 Pages and in-depth TOC on "Biocides Market"

North America is the key market for biocides

North America dominated the biocides market in 2014. The U.S. is the key market for biocides in the region. The growing demand for biocides in water treatment and food & beverage segments is driving the market for biocides in the region. Furthermore, the reviving construction industry in North America drives the market for biocides in paints & coatings and wood preservation segments. Paints & coatings segment is expected to witness growth during the projected period.

Asia-Pacific is the fastest-growing market for biocides during the projected period. The ensuing increase in investments and rise in the number of new manufacturing establishments is anticipated to witness Asia-Pacific emerge into a prime driver of growth for the biocides market. Furthermore, the food & beverage segment is expected to witness decent growth during the forecast period. This is due to the rising concern for safe packaged food in the region. Moreover, the rising construction activities drive the market for biocides in paints & coatings and wood preservation applications.

“Water treatment application to dominate the global biocides market”

Water treatment segment dominated the biocides market with ~25.6% the global market share in 2014, in terms of volume. The increasing demand for treated municipal and industrial water from the end-use industries is driving the market for biocides. The increased emphasis on clean water by the government of both the developed and developing nations paves a way for the growth of biocides. Biocides provide unparalled benefits in the water treatment and other segments.

Food & beverage is the other key application area of biocides. The stringent food safety norms in the developed nations of Europe and North America drive the market for biocides. Moreover, the growing food & beverage industry in the Asia-Pacific region drives the market for biocides, where they are used as preservatives.

“Halogen Compounds projected to have the highest growth”

Halogen compounds had the largest market share in 2014 and are projected to dominate the global market by 2020. They are very effective microbial growth control agents, less costly, efficient, have wide spectrum of applications, and relatively low occurrence of resistance. All these factors act as a driver for the halogen compounds.

Metallic compounds are used in wood preservation, food & beverage, and paint & coating applications as biocides. Silver-based biocides are widely used as an antibacterial agent in consumer products because of their properties such as high thermal stability and health and environmental safety. The organosulfur biocides are used to control microbial activity in the oil refineries industry. Organic acids such as formic or acetic acids are used as biocides on account of their less reactive nature as compared with strong mineral acids such as hydrochloric acid (HCl), mixtures of HCl and hydrofluoric acid (HF). Despite of these properties, these compounds do not hold larger market share than halogen compounds. Halogen compounds are more cost-efficient which is why they are used in a variety of applications.

Read More Context at https://www.marketsandmarkets.com/Market-Reports/biocides-market-1277.html

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

630 Dundee Road
Suite 430
Northbrook, IL 60062

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release North America is the key Market for Biocides & Key Players: BASF SE (Germany), Akzonobel N.V. (The Netherlands), Clariant AG (Switzerland), The Dow Chemical Company (U.S.) here

News-ID: 1580549 • Views: 156

More Releases from MarketsandMarkets™

Cloud ITSM Market worth $12.2 billion by 2025
According to a new market research report "Cloud ITSM Market by Components ( Solutions (Service Portfolio Management, Configuration & Change Management, Service Desk Software) And Services), Vertical (BFSI, IT & ITeS, Retail & Consumer Goods), Organization Size, and Region - Global Forecast to 2025", published by MarketsandMarkets, the global Cloud ITSM market size is expected to grow from USD 4.7 billion in 2020 to USD 12.2 billion by 2025, at
Green Technology and Sustainability Market worth $36.6 billion by 2025
According to a new market research report "Green Technology and Sustainability Market by Technology (IoT, AI & Analytics, Digital Twin, Cloud Computing), Application (Green Building, Carbon Footprint Management, Weather Monitoring & Forecasting), Component, and Region - Global Forecast to 2025" published by MarketsandMarkets™, size to grow from USD 11.2 billion in 2020 to USD 36.6 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 26.6% during the forecast
Microbial Identification Market worth $5.7 billion by 2025 - Leading Key Players …
According to the new market research report "Microbial Identification Market by Product & Service (Instrument & Software, Consumable, Service), Method (Phenotypic, Proteomic), Technology (Mass Spectrometry, PCR), Application (Diagnostic, Food Testing), End User (Hospital) – Global Forecast to 2025", published by MarketsandMarkets™, is estimated to be USD 3.2 billion in 2020 and projected to reach USD 5.7 billion by 2025, at a CAGR of 12.2%. Browse in-depth TOC on "Microbial Identification Market" 261
Master Data Management Market worth $27.9 billion by 2025
According to a new market research report "Master Data Management Market by Component (Solutions & Services), Data Type, Deployment Type (Cloud & On-Premises), Organization Size (SMEs & Large Enterprises), Vertical (BFSI, Retail, Manufacturing, and Healthcare), and Region - Global Forecast to 2025" published by MarketsandMarkets, the global MDM market size is expected to grow from USD 11.3 billion in 2020 to USD 27.9 billion by 2025, at a Compound Annual

All 5 Releases


More Releases for North

Agrochemicals Market in North America
ReportsWorldwide has announced the addition of a new report title North America: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports. The report “North America: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG) in the
North American Surgical Gowns Market
The North American Surgical Gowns Market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. The global surgical apparels market is growing at a significant rate due to increasing number of surgeries, and technological advancement in the field. Some of the surgical apparels available
Web Design in North London
Darcy Developments has moved to the West Hampstead area of North London. Originally based in Manchester and building up a strong client base there, including the exclusive Manchester Grammar School, they have decided to up shop and make the move to the big city. They specialise in Web Design, with an emphasis on clean, simple layouts with a strong message associated with it. They also provide ecommerce solutions such as Paypal integration
The Jewel of the North
It is fair to say that Blackpool is a well known holiday destination not only in the UK and Ireland but also around the world, and is known as ‘The Jewel of the North’, or some refer to Blackpool as the ‘playground of the North, or even ‘Britain’s Las Vegas’. This ‘Jewel’ has much to offer the tourist, it is a very traditional English Victorian seaside town, boasting many attractions, such
LTC North India Tour Packages
LTC TOURS is one of well known travel tour operator among the tourist from all over the world, touring India, Thailand, Malaysia & Singapore, Srilanka, Dubai, London, Paris and more. Our one of the tour package is LTC North India Tour Packages in which we are exploring the complete beauty of North India like Delhi, Rajasthan, Bikaner, and Jaisalmer. In LTC North India Tour Packages, we cover Rajasthan culture, heritage, forts
06-08-2009 | Sports
ClickCulture
ClickCulture Promotes North Carolina Worldwide
Race Team Sponsorship Includes North Carolina Flag Vehicle Wrap RALEIGH, N.C. (June 8, 2009)—ClickCulture Inc. (clickculture.com), a Raleigh-based Web technologies, design and integrated marketing firm, announces today its sponsorship of Creation Autosportif (creationsport.net). The sponsorship includes the North Carolina state flag graphically wrapped on Creation's Le Mans race car. The newly wrapped car will debut at the 77th running of the Le Mans 24 Hour race, held June 13 and 14