1 / 5

Health wareness and the need for clean water will boost Biocides Industrial growth in the coming years

Health awareness and the need for potable water will positively influence the industry. The need for potable water arises from industrial and domestic applications. Demand for biocides in water treatment owes to a rapidly growing global population.

Marsh
Download Presentation

Health wareness and the need for clean water will boost Biocides Industrial growth in the coming years

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Your CatalystTo a Lucrative Business Biocides Market Share, Size, Analysis, Growth, Trends and Forecasts to 2024 | Hexa Research Growing at a CAGR over 5% during 2016 to 2024, the global Biocides Market is anticipated to reach nearly USD 12980.8 million by 2024. Stringent environmental regulations and growing awareness are likely to drive the market till 2024. Health awareness and the need for clean water will boost industrial growth in the coming years. Moreover, industrialization in emerging economies and demand for potable water could augment the segment of water treatment. Biocides are compounds used as antimicrobial, antifouling & disinfecting agents, and as pesticides. Halogens such as bromine & chlorine, organosulfur, copper salts, acrolein, iodine, amines, metals, and quaternary ammonium salts are used to make biocides. Rigid regulations by regulatory bodies such as the Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA), the Environmental Protection Agency (EPA), and Registration, Evaluation, Authorization, and Restriction of Chemicals (REACH) may hinder market progress. Browse Details of Report @ https://www.hexaresearch.com/research-report/biocides-industry “Expanding at a CAGR over 5% during the forecast period, the global biocides market is projected to reach nearly USD 12980.8 million by 2024.” Follow Us:

  2. Your CatalystTo a Lucrative Business The global biocides market is divided into applications, products, and geographies. Applications include painting & coatings, water treatment, personal care, food & beverages, and wood preservation, among others. Water treatment dominated the market with over 23% shares in 2014. Regulatory policies that implement ‘water treatment’ standards can positively affect the market. Water treatment aims at offsetting the ill-effects of microbial activity, corrosion, and disposal of waste water. Food & beverages held a market share exceeding 16%, in 2014. The growing need to control microbial activity in foods & drinks and the use of preservatives can stimulate the market. Rapidly changing lifestyles and demand from emerging economies are the other factors fueling this segment. The personal care segment will expand significantly at nearly 5.5% CAGR till 2024. Biocides are used in shampoos, shower gels, and moisturizing creams. They reduce bacterial and fungal activities and increase the shelf-life of these products. This in turn propels the demand for biocides. Based on products, the global biocides market is divided into organic acids, phenolic, nitrogen, halogen compound, metallic compound, organosulfurs, and others. Halogen compound dominated the market with over 25% shares in 2014. Halogens are vastly used to treat waste water in municipal & industrial projects. Metallic compounds are used in paints & coatings, food & beverage, and wood preservation. They are also used as substitutes for halogens in water treatment. This segment held over 18% revenue shares in 2014. Organosulfurs are used to control microbial activities in oil refinery industries as they contain antifungal and antibacterial properties. In 2014, this product held a share over 11%. Regions in the global biocides market are North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa (MEA). North America held over 40% of the global revenue in 2014. The U.S. led the region in 2014 with 75% of the overall incomes. U.S. funding for infrastructural development is projected to add to the demand for paints & coatings. This will further support the global market till 2024. Asia Pacific may expand at a CAGR of more than 6% from 2016 to 2024. Rising healthcare expenditures owing to technological advancements and cheaper medical facilities will boost the phenolic biocides industry in the region. Ongoing industry trends suggest that China will continue to dominate the region in the forthcoming years. It will grow at a significant rate till 2024. Dow Microbial Control, Troy Corporation, Arch Chemicals, and ISP are the prominent companies in the global biocides market that account for nearly 56% of the total demand. Arch Chemicals dominated the industry in 2014. It captured over 15% of the worldwide shares that year. Browse Related Category Market Reports @ https://www.hexaresearch.com/research- category/disinfectants-and-preservatives-industry Follow Us:

  3. Your CatalystTo a Lucrative Business Table of Content of Biocides Market 1. Methodology & Scope 1.1 Research Methodology 1.2 Research Scope & Assumptions 1.3 List of Data Sources 2. Executive Summary 2.1 Industry Summary of Biocides Market 3. Industry Outlook 3.1 Biocides Market Segmentation 3.2 Biocides Market Size and Growth Prospects 3.3 Biocides Market Dynamics 3.4 Key Opportunities Prioritized 3.5 Industry Analysis - Porter's 3.6 Market Share Analysis 3.7 Market PESTEL Analysis, 2016 4. Application Framework 4.1 Biocides Market share by application, 2016 & 2024 5. Regional Outlook 5.1 North America 5.2 Europe 5.3 Asia Pacific 5.4 Latin America 5.5 MEA (Middle East and Africa) 5.6 RoW (Rest of the World) 6. Competitive Landscape 6.1 Dow Microbial Control 6.1.1 Company Overview 6.1.2 Revenue Analysis 6.1.3 Product Benchmarking 6.1.4 Strategic Initiatives Follow Us:

  4. Your CatalystTo a Lucrative Business 6.2 Troy Corporation 6.2.1 Company Overview 6.2.2 Revenue Analysis 6.2.3 Product Benchmarking 6.2.4 Strategic Initiatives 6.3 Arch Chemicals 6.3.1 Company Overview 6.3.2 Revenue Analysis 6.3.3 Product Benchmarking 6.3.4 Strategic Initiatives 6.4 ISP 6.4.1 Company Overview 6.4.2 Revenue Analysis 6.4.3 Product Benchmarking 6.4.4 Strategic Initiatives Follow Us:

  5. Your CatalystTo a Lucrative Business About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: sales@hexaresearch.com Website - http://www.hexaresearch.com/ Follow Us:

More Related