Global Biocides Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027

MarketResearch.biz delivers in-depth insights on the global biocides market in its upcoming report titled, “Global Biocides Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global biocides market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The biocides market report has been segmented on the basis of product, application, and region.

This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Biocides are chemical substance or microorganisms meant to control, destroy, or render harmful organism through either biological or chemical means. Biocides are broadly used in water treatment, wood preservation, food and beverages, personal care, and paint and coating industry.

On the basis of application, the halogen biocide segment is expected to hold major revenue share in the global biocides market. Easy availability of raw materials of halogen biocide such as chlorine, iodine, and bromine coupled with low cost of halogen biocide as compared to other biocides is anticipated to augment segment growth over the forecast period.

On the basis of application, the food & beverage segment is estimated to hold major revenue share in the global biocides market and is expected to maintain its dominance over the forecast period. Growing demand for preservatives in ready to eat food in order to control microbial growth in food and drinks is anticipated to augment segment growth over the forecast period.

North America market is estimated to hold major revenue share in the global biocides market, in 2017 and is expected to maintain its dominance over the forecast period. Presence of a large number of manufacturers in the region is anticipated to drive North America biocides market over the forecast period. North America accounts for the largest revenue share contribution of the target market, followed by markets in Europe, Asia Pacific, Latin America, and the Middle East & Africa respectively. Building and infrastructural development in the region are expected to boost the demand for paint & coatings, which in turn is anticipated to drive North America biocides market. Moreover, stringent regulations regarding industrial wastewater treatment are expected to drive regional growth over the forecast period.

Market segmentation and key players operating in the global biocides market:

By product:

• Halogen compounds
• Organosulfur
• Organic acids
• Metallic Compounds
• Phenolic
• Others (Nitrogen, Sulfones, and Inorganic biocides)

By application:

• Water treatment
• Food & beverages
• Personal care
• Wood preservation
• Pains & coatings
• Others (Boilers, Oil & gas, and Pharmaceuticals)

By region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa