Press release
Bronopol Market 2021 Global Industry Forecasts Analysis, Competitive Landscape and Key Regions Analysis - Shanghai Rich Chemicals, Sharon laboratories, The Dow Chemical Company
The Global Bronopol Market in 2020 was approximately USD 11.0 Billion. The market is expected to grow at a CAGR of 5.2% and is anticipated to reach around USD 13.5 Billion by 2025. Growing pharmaceutical and healthcare sectors owing to the wake of the COVID-19 pandemic where bronopol is majorly used for neutralizing adverse effects of bacteria fuels demand for bronopol which drives the market.
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Moreover, the major growth in oil exploration sectors where bronopol is used as an antimicrobial agent is also projected to foster the market growth. Rising demand from the other applications such as paper and pulp, water treatment, oil and gas and pharmaceutical are also projected to fuel demand for bronopol in the market. On the other hand, the rising health concerns associated to bronopol is a factor impeding the market.
The Bronopol market for intensely competitive and is highly fragmented. The vendors in the Bronopol market compete based on product portfolio, product differentiation, applications, and the pricing of products. The rise in technological innovations in designing the products for better quality, ease of use and better performance is expected to continue to intensify the level of competition among the companies to expand their product portfolios by incorporating innovative features, into their products. In addition, the market is expected to be highly competitive over the years with increased number of new players.
On the basis of product, the Global Bronopol Market Product is sub segmented into
Biocides and Disinfectants
PH Adjusters and Stabilizers
Inhibitors
Defoaming Agents
Others
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On the basis of application, the global bronopol market product is sub segmented into
Formulaters
Oil and Gas
Paper and Pulp
Paints
Coating and Adhesives
Others
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America
Europe
Asia-Pacific
South America
Middle East & Africa
Global Bronopol Market; Company Coverage
BASF
Shanghai Rich Chemicals
Sharon laboratories
The Dow Chemical Company
Gayathri Chemicals and Agencies
Sai Supreme Chemicals
Mani Agro Chem
Ramdev Chemicals
BQ TECHNOLOGY (HK) COMPANY
Wuhan Fortuna Chemical
Others
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