Biocides are chemical agents like
herbicides or pesticides that are capable of destroying living
organisms. Biocides are used as additives in polymers to destroy fungi,
bacteria, and marine organism. Use of biocides in rubbers and plastics
helps to reduce the cost and cleaning efforts. Biocides are widely used
in various industries like water treatment, hospitals, home care, food
processing and others.
The global market for antioxidants is
growing at a significant rate. North America represents the largest
regional market in the biocides market and holds 45% of global market
share by revenue. Asia-Pacific represents the fastest growing market
with a high demand from emerging countries like India and China.
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Increasing demand for water and
environmental regulation are the major drivers for the growth of the
global biocides market. However, the rising raw material prices and high
cost for business registration act as major challenges for this
market. Continuous economic development in Asia-Pacific represents the
potential market for the global biocides market. Emerging applications
in plastics is also a positive indication for this market.
Based on product types, the global
biocides market is segmented into halogen compounds, organosulfers,
metallic compounds, organic acids, phenolic and others. Based on
applications, the global biocides market is segmented into personal
care, wood preservation, water treatment, food and beverage and paints
and coating. Based on geography, the global market for biocides is
divided into North America, Europe, Asia-Pacific and Rest of the World
(RoW).
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Some of the key players in this
industry include Albemarle Corporation, Thor Group Limited, AkzoNobel
N.V., Baker Hughes Incorporated, BASF SE, Ashland Inc., Champion
Technologies, Cortec Corporation, Clariant AG, Kemira Oyj, The Dow
Chemical Company, Troy Corporation, GE Water and Process Technologies,
Lubrizol Corporation, FMC Corporation, Nalco Holding Company, and
others.
This research report analyzes
this market depending on its market segments, major geographies, and
current market trends. Geographies analyzed under this research report
include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of
current trends in the market, industry growth drivers, and restraints.
It provides market projections for the coming years. It includes
analysis of recent developments in technology, Porter’s five force model
analysis and detailed profiles of top industry players. The report
also includes a review of micro and macro factors essential for the
existing market players and new entrants along with detailed value
chain analysis.
Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a technological growth map over time to understand the industry growth rate
- It provides a seven-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
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- It provides distinctive graphics and exemplified SWOT analysis of major market segments
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