Global Metal Biocides Market Comprehensive Study: Forecasted Market Size And Growth Rate | BASF SE, Clariant AG, The Dow Chemical Company, Lonza Group Ltd., Milliken Chemical Company

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2490

The Business Research Company offers in-depth market insights through Metal Biocides Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The metal biocides market size has grown steadily in recent years. It will grow from $4.04 billion in 2023 to $4.23 billion in 2024 at a compound annual growth rate (CAGR) of 4.7%. The growth in the historic period can be attributed to water treatment applications, wood preservation, food and beverage preservation, wood protection in construction, agricultural applications.

The metal biocides market size is expected to see strong growth in the next few years. It will grow to $5.15 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to rising awareness of food safety, renewable energy infrastructure, demand in emerging economies, biocidal product regulations, biofilm control in water systems. Major trends in the forecast period include advancements in nanotechnology, smart agriculture practices, antimicrobial technologies, eco-friendly biocides, antimicrobial coatings.

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Market Segmentation:
The metal biocides market covered in this report is segmented -

1) By Type: Silver, Copper And Alloys, Zinc, Other Types
2) By End-User Industry: Building And Construction, Medical And Healthcare, Textile And Apparel, Transportation, Wood Preservation, Foods And Beverages, Agriculture, Other End-Use Industries

Major Driver - Surging Demand For Paints And Coatings Fuels Growth In The Metal Biocides Market
The high demand for paints and coatings is expected to propel the growth of the metal biocides market going forward. Paints and coatings refer to the industry that involves a mixture or dispersion of opaque pigments in a liquid and coatings include other materials that are used such as varnishes and inorganic binders. Paints and coatings are prevented from spoilage and deterioration by the use of metal biocide by the aqueous raw materials used that contain the growth of these microorganisms, thereby making the products more efficient and long-lasting. For instance, in April 2022, according to their first quarter report of PPG Industries, Inc., a US-based global supplier of paints and coatings, their organic sales for paints and coatings saw a growth of 7% with a record first-quarter net sales of $4.3 billion, which was 11% higher than the prior year. Moreover, both the performance coatings and industrial coatings segments saw a growth of 11% in net sales to bolster their market position. Therefore, the high demand for paints and coatings drives the growth of the metal biocides market.

Competitive Landscape:
Major companies operating in the metal biocides market report are BASF SE, Clariant AG, The Dow Chemical Company, Lonza Group Ltd., Milliken Chemical Company, DuPont DeNumorous Inc., Evonik Industries AG, Noble Biomaterials Inc., Sanitized AG, AkzoNobel N.V., Aarti Industries, Chemtex Speciality Limited, Pilot Chemical Co. Ltd., Solvay SA, Troy Corporation, SteriTouch Ltd., Renaissance Chemicals Ltd., LANXESS Deutschland GmbH, Palmer Holland Inc., DMP Corporation, Azelis Americas, Dadia Chemical Industries Ltd., KLK Oleo Sdn Bhd, Otto Chemie Pvt. Ltd., Samrat Industries Limited, Siddharth Carbochem Products Ltd., Berkshire Hathaway Inc., Corbion N.V., Kemin Industries Inc., Kerry Group plc, Nouryon Chemicals Holding B.V., Thor Specialities (UK) Limited, Ecolab Inc.

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Top Trend - Key Players Advancements In Technology Revolutionize The Metal Biocides Market
Technological advancements are a key trend gaining popularity in the metal biocides market. Companies operating in the metal biocides market are adopting new technologies to sustain their position in the market. For instance, in September 2023, FMC Corporation, a US-based agricultural science company launched ENTAZIA in India. The biocide, containing Bacillus subtilis, aids crop resilience against diseases while maintaining environmental balance. ENTAZIA biocides represent a substantial stride in revolutionizing Indian agriculture by offering biological solutions aligned with farmers' evolving requirements. This groundbreaking product harnesses Bacillus subtilis' inherent properties to combat bacterial leaf blight, a severe threat to rice crops. By stimulating the plant's immune system against pathogens, ENTAZIA biocides effectively prevent leaf blight while preserving beneficial organisms that serve as natural foes.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Metal Biocides Market Characteristics
3. Metal Biocides Market Trends And Strategies
4. Metal Biocides Market - Macro Economic Scenario
5. Metal Biocides Market Size And Growth
…..
27. Metal Biocides Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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