With the increasing need for dealing with unwanted micro-organisms, is rising the demand for [b]Biocides Market[/b]. In an unconventional way of killing insects or microbes with sprays or tablets, [b]Biocides Market[/b] applies itself into killing of these harmful micro-organisms through wide range of applications like coating, construction materials and energy products with broad functions like disinfectants, preservatives, pesticides and other [b]Biocidal Products[/b].
While this market views itself applicable to various industries across all domains like food and beverages, water treatment, wood preservatives, paints & coatings, personal care etc, Biocides is set to grow in the coming future during 2015-2020. Read on to know the highlights of the current market status included in this Market Report.
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[b]MARKET TRENDS & MARKET GROWTH:[/b]
[b]Water Treatment Application[/b] was accounted for the major share of 25% in 2014 and is projected to grow at a CAGR of 6.2% during the forecast period 2015-2020.
[b]Food and Beverages Application[/b] is the second major application which accounted for 20%, i.e. around $1.6 Billion in 2014.
[b]According to Product Type:[/b] Halogen Segment accounted for 23.5% and was noted to be $1.9 Billion in 2014 and is projected to grow at same pace over the forecast period due to its low cost and easy availability of raw-material in the market, confirm IndustryARC market experts.
[b]Geographically:[/b] North America is the dominating region which accounted for 42% of global revenue share in 2014 of Biocides Market.
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[b]REPORT SCOPE:[/b]
[b]Market Segmentation:[/b]
Global Biocides Market is classified into 4 broad types depending on the given following factors. These classifications are sub divided for a better and clearer understanding of the market.
1. By Product Type: Organic Compounds, Halogen Compounds, Metallic Compounds and Nitrogen Compounds.
2. By Function: Disinfectants, Preservatives, Pesticides and Others.
3. By End User: Water Treatment, F&B, Personal HealthCare, Wood Preservatives, Paints & Coatings, Pulp & Paper, Plastics and Others.
4. By Region: North America, Europe, APAC and ROW.
[b]Key Market Players:[/b]
Some Notable Market Competitors of Biocides Market that are deeply analyzed by IndustryARC and mentioned in this research report are:
• BASF SE
• LANXESS Deutschland GmbH
• Dow Chemicals
• Ecolab Incorporation
• Schulke & Mayr GmbH
• Unilever R&D Vlaardingen BV
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[b]About IndustryARC:[/b]
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