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2019-2024 Biocides Market Overview by Major Players Like AkzoNobel, Albemarle Corporation, Lonza, BASF, Baker Hughes, a GE company, Solvay, Buckman, Clariant, The Dow Chemical Company, LANXESS, Kemira, DuPont, The Lubrizol Corporation, Nalco Water, An Eco

Biocides Market

Biocides Market

Biocides Market may surpass USD 13 billion by 2024; according to a new research report. Increasing waste water treatment systems accompanied with demand for continuous supply for fresh & safe water should drive biocides market demand. Germicides such as chlorine in waste water treatment are being replaced by biocides as they lead to lower environmental hazards. Increasing health concerns due to prevalence of bacterial and pathogens growth will fuel market demand.

Positive outlook for growth in paints & coatings industry owing to antifungal, antimicrobial and antibacterial properties may drive product demand. Biocides demand from paint & coatings applications may surpass USD 1.4 billion by the end of forecast period. They inhibit microbial growth on painted or coated surface as it leads to aesthetic & physical degradation. It is added to varnishes & paints to control growth of undesirable bacteria's, which shows harmful effects on paint.

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Halogen compounds based biocides market may exceed USD 3.3 billion by 2024. They comprise of fluorine, chlorine, iodine, bromine and astatine. They are effective microbial development control agents and pose less occurrence of resistance. Positive indicators towards drinking water, cooling water systems and surfaces disinfection owing to cost-effective properties over its counterparts will drive biocides market growth.

Phenolic based biocides market may witness growth of over 7% by the end of projected period. They are used to preserve aqueous based metalworking fluids in metalworking industry as they have a broad spectrum of activity against both fungi and bacteria. Increase in demand from food packaging, healthcare industries will propel market demand.

Food and beverage applications may surpass USD 2.2 billion by 2024. Biocides control the growth and proliferation of microorganisms to enhance hygiene and safety in food & beverage industries. Growth in food processing industries along with favorable regulations regarding the usage of product in order to limit the spread of diseases through food industry will stimulate industry growth.

Personal care applications may exceed USD 1.8 billion by 2024. Biocides are used as preservative in personal care and cosmetics industry as they inhibit the microbiological growth in easily perishable products resulting into enhanced product shelf life and consumer safety.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. AkzoNobel
2. Valtris Specialty Chemicals
3. Albemarle Corporation
4. Lonza
5. Nalco Water, An Ecolab Company
6. The Lubrizol Corporation
7. Baker Hughes, a GE company
8. BASF
9. BWA Water Additives
10. GE Water & Process Technologies
11. Solvay
12. Sigma-Aldrich
13. Thor Group Limited
14. Buckman
15. Cortec Corporation
16. Clariant
17. Troy Corporation
18. The Dow Chemical Company
19. LANXESS
20. Kemira
21. DuPont


Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/150

Biocides market from oil & gas applications may surpass USD 1 billion by 2024. Oil & gas wells and storage zones have certain microorganisms like bacteria that produce hydrogen sulfide which can be explosive and combustible. Strong indicators towards minimizing functional fluids deterioration, corrosion control and growth in oil & gas production rates will boost product demand.

Europe, led by UK, France, Poland, Italy and Germany biocides market may register growth at over 4.5% by the end of foreseeable timeframe. Growth in pharmaceutical, healthcare and food processing industries along with increase in construction spending in residential sector owing to massive movement of migrants to western countries such as the Netherlands and Germany may stimulate regional industry growth.

Asia Pacific, driven by India and China biocides market is poised to exceed USD 4 billion by 2024. Increase in meat and poultry products consumption along with growing industrial and commercial waste water treatment systems may drive product demand.

Global biocides market share is concentrated with prominent players including Ashland, Dow Chemicals, BASF, Arch Chemicals, Thor Specialties, LANXESS, Troy Corporation, Albemarle, Akzo Nobel, and Nalco Champion.

Biocides Market, By Product
• Metallic Compounds
• Halogen Compounds
• Organic Acids
• Nitrogen
• Organosulfurs
• Phenolic
• Others

Biocides Market, By Application
• Food & Beverage
• Wood Preservation
• Personal Care
• HVAC
• Water Treatment
• Paints & Coatings
• Fuels
• Oil & Gas
• Boilers

Browse key industry insights spread across 185 pages with 96 market data tables & 40 figures & charts from the report, “Biocides Market” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/biocides-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: http://technologymagazine.org/

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