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Biocide Market Trends, Revenue, Major Players, Share Analysis & Forecast Till 2027 | Top Key Players BASF SE, Akzonobel N.V., The DOW Chemical Company,etc

09-06-2021 03:39 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Reports and Data

Biocide Market

Biocide Market

The global Biocide market is forecasted to reach USD 14.31 Billion by 2027, according to a new report by Reports and Data. Biocides are chemical products or microorganisms that are used to control the harmful pathogens by chemical or biological synthesis. It is non-toxic in nature, has high cleansing action, and has high resonance with solvents, which makes it compatible with different end-use industries.

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It is widely used in the manufacture of personal products, due to its dual nature. It can be used in antimicrobial agents as well as preservatives in face wash, manufacturing soaps, and cleansing conditioners. Consumers are switching to high-quality products to protect themselves from skin infections, which will foster market demand.

The report covers market definitions, classifications, manufacturing and production processes, cost analysis, and government policies and plans. It offers details about the key factors that will positively and negatively impact the market growth over the forecast period. The report also provides pictorial representations of current and emerging trends, business scope, regional bifurcation, and key statistical data. For clear and easy understanding, the statistical data is represented in the form of graphs, charts, diagrams, tables, and figures. The report covers SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis to offer a comprehensive overview of the Biocide market.

The Covid-19 Impact

The current scenario of the COVID-19 pandemic has led most of the people to address safety and public health conditions. This is leading to an increase in demand for disinfectants. The products are flying off the racks as they are being stockpiled, and manufacturers have started production in large quantities to meet the requirements of the consumers. The demand has surged exponentially, and the market will face a steady demand even when the impact of COVID-19 has reduced.

The key companies profiled in the report include BASF SE, Akzonobel N.V., The DOW Chemical Company, Troy Corporation, Kemira OYJ, Lanxess AG, Thor Group Limited, Solvay SA, The Lubrizol Corporation, and Clariant AG among others.

Increasing focus on recycling of plastic waste, rising penetration of internet and e-commerce channels for sales, the advent of and rapid adoption of 3D printing to develop materials with enhanced properties and attributes, and growing demand for sustainable production of materials and chemicals have boosted the market growth over the recent past. In addition, rising focus on material informatics and application of ML and AI to improve R&D activities and capital expenditures, develop novel business models, and achieve greater agility in the production and manufacturing process of raw materials and chemicals to meet the growing demand from other end-use industries are some other key factors influencing the market growth and will continue to do so going ahead.

A regional analysis of the market across key geographical areas is offered in the report with a thorough assessment of market size, market share, revenue growth, import/export, production and consumption patterns, consumer demand and supply, global supply chain, macro- and micro-economic growth factors, government regulations and policies, and presence of key market players/manufacturers in North America, Europe, Latin America, Asia Pacific, and Middle East & Africa.

Further, the report segments the Biocide market on the basis of product types, applications, technology, end-use, and regions. It also offers insights into key factors influencing the revenue growth of each segment and sub-segment and offers details about market size, revenue share, and CAGR for each segment.

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Type Outlook (Revenue, USD Billion; 2017-2027)

Metallic Compounds

Organic Acids

Halogen Compounds

Phenolic Biocides

Organosulfur Compounds

Other Biocides

Product Type Outlook (Revenue, USD Billion; 2017-2027)

Pest Control

Preservatives

Others

Application Outlook (Revenue, USD Billion; 2017-2027)

Water Treatment

Personal Care

Wood Preservation

Paints and Coatings

Food and Beverage

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Thank you for reading our report. To request a customization or for further inquiry, kindly get in touch with us. Our team will ensure the report is well suited to your needs.

Have A Look For Related Reports:

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Livestock Surface Disinfectant Market Share @ https://www.reportsanddata.com/report-detail/livestock-surface-disinfectant-market

Cresol Market Share @ https://www.reportsanddata.com/report-detail/cresol-market

Cosmetic Preservative Market Trends @ https://www.reportsanddata.com/report-detail/cosmetic-preservative-market

Ultraviolet Disinfection Equipment Market Size @ https://www.reportsanddata.com/report-detail/ultraviolet-disinfection-equipment-market

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About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

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