Biocide Market- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2025


Posted April 24, 2019 by pranjaliadroit

Biocide Market Assessment Covering Growth Factors and Upcoming Trends (2019-2025) with Key Players - BASF SE, Clariant AG, The Dow Chemical Company, Thor Group Limited, Troy Corporation, LANXESS, Ashland Global Specialty Chemicals Inc.

 
“Biocide is a compound which is used to kill or control any life form. These are a diverse group of poisonous substances including insecticides, disinfectants, preservatives and pesticides used for the control of organisms that are harmful to human or animal health or that cause damage to natural or manufactured products.”
Global Biocide Market report covers the analysis based on drivers, restraints and future opportunities that are expected to influence the revenue during the forecast period. Additional tools such as the Porter’s five forces analysis, PESTEL analysis, and value chain analysis are included to give a holistic market view. The market revenue forecast is provided up to 2025, with 2015 to 2017 representing the real-time historical sales with an annual forecast period between 2018 and 2025.
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Biocide Market: Key Players are AkzoNobel N.V., BASF SE, Clariant AG, The Dow Chemical Company, Thor Group Limited, Troy Corporation, LANXESS, Ashland Global Specialty Chemicals Inc., Nalco Champion and Arch Chemicals Inc. among others.
The Global Biocide Market size is estimated to be worth USD 13.76 billion by 2025 due to the increasing demand for the product in applications such as water treatment, paints & coatings and food & beverages among others. Rising need for extensive water treatment processes to address the growing demand for clean water globally, is the primary key factor attributing to the growth of the global market.
The rising need for safe packaged food serves as a driving factor for the food and beverage industry, thereby, driving the Global Biocide Market growth. Increasing government investments for waste water treatment across the region has further aggravated the demand of biocides. For instance, India's wastewater infrastructure capital expenditure is projected to increase by 83% over the next five years. This is to present immense lucrative opportunities for biocide manufacturers.
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Biocide Market: Segmentation

Type Overview, 2015-2025 (USD Million)
• Phenol
• Organosulfurs
• Nitrogen
• Organic Acids
• Halogen Compounds
• Metallic Compounds
• Others

Application Overview, 2015-2025 (USD Million)

• Oil & Gas
• Water Treatment
• Paints & coatings
• Food & Beverages
• HVAC
• Personal Care
• Fuels
• Boilers
• Others

Regional Overview, 2015-2025 (USD Million)
• North America
• Europe
• Asia Pacific
• Rest of the World

Reasons for the study:
• The purpose of the study is to give an exhaustive outlook of the global biocide market
• While studying the market, we observed that phenolic compounds is projected to grow at the fastest rate owing to the requirement of microbial protection for a wide number of applications across the globe.
• The global biocide market has been mainly driven by the increased demand for water treatment across the globe.
• The water treatment application is projected to witness fastest growth in the coming years owing to rising need for clean water for domestic and industrial purposes.

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About US:

Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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Issued By Ryan Johnson
Country United States
Categories Business
Last Updated April 24, 2019