Global metal biocides market is expected to reach USD 4.12 billion by 2025, from USD 2.75 billion in 2017 growing at a CAGR of 5.85% during the forecast period of 2020 to 2025. A biocide is a sort of chemical or microorganism that can stop, reduce harmless or exert a controlling impact on harmful organisms by organic means. They are mechanically critical and act as a oxidizing specialists in disinfectants and additives. They are ordinarily utilized as a part of forestry, anti-fouling agents. disinfectants, medicine, agriculture and others. Biocides can be either natural or synthetic.
Segmentation: Global Metal Biocides Market
- By Type (Silver, Copper & Alloys, Zinc)
- By Application (Paints & Coatings, Medical, Textile, Pesticides (Agriculture), Wood Preservation, Foods & Beverages)
- By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa)
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Key Market Competitors: Global Metal Biocides Market
The key players operating in the global metal biocides market are –
- Akzo Nobel N.V.
- BASF SE
The other players in the market are Evonik Industries AG, Croda International Plc, , Huntsman International LLC., Kao Corporation, Galaxy Surfactants Ltd, Solvay, Vinamax Organics Pvt., CHEMTEX SPECIALITY LTD, Enaspol a.s., Unger Fabrikker AS, AARTI INDUSTRIES LIMITED, Oxiteno, KLK OLEO., Pilot Chemical Corp., Procter & Gamble. Lankem and many more.
- Growing pharmaceutical and healthcare market due to increasing incidences of diseases.
- Increasing demand from the different verticals such as paints and coatings and water treatment because of rapid industrialization and continuous infrastructure development
- Rising demand in the Asia Pacific region due to its accumulative acceptance of water treatment procedures in countries such as Japan, China and India
- Strict Environment regulations due to its excessive usage
Key Insights in the report:
- Historical and current market size and projection up to 2025
- Market trends impacting the growth of the metal biocides market
- Analyze and forecast the metal biocides market on the basis of type and application
- Trends of key regional and country-level markets for type and application
- Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis.
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