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Biocides are chemical compounds or microbes which are widely used to kill harmful organism and bacteria. Growing emphasis on developing environment and eco-friendly products owing mounting pressure of strict environment regulations is likely to act as a major driving market growth. Increasing population and growing pressure to provide sufficient water resources to the population has led to growth in demand for biocides in water treatment application, thus accelerating industry growth.
Shift in consumer inclination towards high quality products with longer shelf life incorporated with high quality ingredients having sanitizing and cleansing properties for protection against skin infections will favour biocides demand in personal care products. In addition, application potential of biocides in food & beverage sector as a manufacturing cleaning product owing to high effectiveness against oil, grease, microbes and pathogens to prevent product as well as cross contamination will further accelerate industry growth. Increasing in application scope in antimicrobial paints & coatings which has wide application in healthcare and modern construction is likely to accelerate industry growth.
The report analyses the global biocides market based on type, end user and geography
Various product studied are segmented into halogen compounds, metallic compounds, organic acids, organosulfur, nitrogen, phenolic. Organosulfur may witness steady gains over the forecast period owing to their antibacterial and anti-fungal properties which inhibits microbial growth on metals and plastics surfaces. Increase in need to maintain hygiene requirements in healthcare services for effective patient care will promote product demand in this application.
The major end users considered in the study are water treatment, personal care, food & beverage, paints & coatings, HVAC, boilers, fuels, oil & gas. Growing demand of biocides in water based formulation including shower gel, shampoos and liquid soaps to restrict microbial contamination and increase product shelf life will escalate product demand in personal care application.
The global market is studied for the key regions such as, North America, Europe, Asia Pacific and Rest of the World. North America led by U.S. is a lucrative region for biocides market may witness robust gains over the coming years. Growing shale gas exploration and drilling activities will drive regional product demand. Biocides help in inhibiting bacterial growth and curb formation of harmful by products during activity, thus driving industry growth.
The key players in the Biocides market share are AkzoNobel, Valtris Specialty Chemicals, Albemarle Corporation, Lonza, Nalco Champion, The Lubrizol Corporation, Baker Hughes Incorporated, BASF SE, BWA Water Additives, GE Water and Process Technologies, Solvay SA, Sigma-Aldrich Corporation, Thor Group Limited, Buckman Laboratories International Inc., Cortec Corporation, DuPont, Kemira OYJ, Lanxess AG, Troy Corporation, Dow Chemical Company, Clariant AG. Major players in the competitive landscape are engaged in strategic partnerships, acquisition and collaboration.
The report analyses the global biocides market based on type, end user and geography. Various product studied are segmented into halogen compounds, metallic compounds, organic acids, organosulfur, nitrogen, phenolic. Furthermore, the major end users considered in the study are water treatment, personal care, food & beverage, paints & coatings, HVAC, boilers, fuels, oil & gas.
The global market is studied for the key regions such as, North America, Europe, Asia Pacific and Rest of the World. North America comprises of U.S., Canada and Mexico. Whereas, Europe covers UK, France, Germany, Italy, Spain and Rest of Europe. The key countries included under Asia Pacific are China, India, Japan and Rest of Asia Pacific. The Rest of the world include Latin America and Middle East & Africa.
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