Global Biocides Market - 2019-2026
|殺蟲劑 (殺菌劑)的全球市場 Global Biocides Market - 2019-2026|
|出版日期: 2019年11月01日||內容資訊: 英文||
Global biocide market was estimated at xx USD Million in 2017. The market is anticipated to grow at a CAGR of xx % from 2018 to 2025 owing to increasing application of biocides in end-user industries.
Biocides are substances or mixtures that contain one or more active substances to inhibit microbial activities and exert a controlling effect on harmful & undesired organisms. They cover a wide range of products such as disinfectants, wood preservatives, rodenticides, antifouling agents, and preservatives, which are applicable in hospitals, homes, industries to suppress the growth of viruses, bacteria, algae, molds, insects, and mice.
The effects of biocides are based on its chemical properties, size & characteristics of the organism, biocide concentration, treatment/application process, contact time, and water quality. Increase in their usage for water treatment in the household, industrial, and commercial sectors fuel the growth of the market.
Improved water quality, increase in access to safe drinking water in underserved areas, and a shift toward higher-value chemicals are the major factors that fuel the adoption of biocides in water treatment applications.
Moreover, water treatment industry is projected to witness significant economic growth due to increase in the number of power plants and heavy industries. Furthermore, phenolic as well as halogenated biocides find vast applications in wastewater treatment.
Increased emphasis on the usage of clean water by the government of both developed and developing nations is anticipated to provide lucrative opportunities for the market.
In addition, development in silver-based biocides in the form of Nano-silver, which is used as an antimicrobial agent in filters to purify drinking water and to clean swimming pools is further expected to boost the market growth.
Global Biocide Market was valued at $XX million in 2017 and is expected to grow at a CAGR of XX% to reach $XX million by 2025. The market is largely driven by increased adoption of Biocides that are at the end-user industries. The global biocides market has witnessed a significant growth over the past few years owing to increased demand for biocides in emerging economies. Moreover, in Europe and North America, biocides are majorly used for wood preservation and water treatment.
North America is expected to dominate the market owing to stringent regulations toward the supply & usage of toxic & untreated drinking water and rise in demand from end-use sectors such as plastics, food processing, paper & pulp, and personal care.
North America is the second largest market for biocides owing to increased penetration of biocides into the end-user industry. North America Biocide Market was xx USD Million in 2015 and is estimated to reach XX USD Million by 2025 with a CAGR of XX% from 2018 to 2025.
The United States holds the major share of the market within the North American region and would drive the growth for biocides market in North America. Moreover, the increase in usage of biocides in developed economies such as the U.S. and the UK in household, institution, and industry is expected to fuel the market growth. The growing industries within developing countries such as India and China will fuel the growth of the market.
Asia-Pacific biocide market is anticipated to grow at a CAGR of XX% from 2018 to 2025.
Furthermore, in countries such as China and India, industrial preservatives, and water treatment, for XX % of the total biocides market. Asia-Pacific is estimated to be the fastest growing region within the global biocide market. Halogenated biocides dominate the market in China owing to the employment of chloroisocyanurates in water treatment and hygiene applications.
Visualize the composition of the Biocides market across each indication, in terms of by product type, by material type, by end-users and by sales channel highlighting the key commercial assets and players.
Identify commercial opportunities in Biocides market by analyzing trends and co-development deals.
Excel data sheet with thousands of data points of the Biocides market level 4/5 segmentation
PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study
Product mapping in excel for the Biocides products of all major market players.
Raw Material Suppliers/ Buyers
Product Suppliers/ Buyers
Industry Investors/Investment Bankers
Education & Research Institutes