Biocides Market by Product, Application And Regional Analysis Growth, and Demand Forecast, 2014–2024
The major trend witnessed in the global biocides market is the rising investments for product development and increasing new product launches by biocidal product manufacturers. For instance, in October 2018, DowDuPont Inc.’s microbial control division introduced two new winterized AQUCAR water treatment biocidal products for hydraulic fracking, a major process in shale oil and gas exploration, and production.
Biocides are active biological or chemical compounds that are used to control the growth of or kill harmful organisms, such as bacteria and fungi. However, excessive use of biocidal products can be harmful to human beings and the environment at large. The usage of biocidal products is, therefore, regulated under the directive 98/8/EC of the European Union (EU), also known as the Biocidal Products Directive, wherein these products are categorized into 22 types based on their application. In this report, the biocides market is segmented on the basis of product, application, and region.
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Major application areas of biocidal products include water treatment, food and beverages, personal care products, wood preservation, paints and coatings, oil and gas, and boilers. Of these, water treatment accounts for a significant share in the biocides market, owing to the increased demand for biocidal products for the removal of contaminants and harmful bacteria from water. Food and beverages constitute the second-largest application area of biocidal products, owing to the rising need to control microbial growth in food and drinks and the growing usage of preservatives in ready-to-eat food products.
Some of the major companies operating in the global biocides market are Troy Corporation, THOR Group Ltd., LANXESS, BASF SE, Lubrizol Corporation, CLARIANT, DowDuPont Inc., Akzo Nobel N.V., Kemira Oyj, and Solvay SA.
The study provides the historical as well the forecast market size data for various countries, including the U.S., Canada, France, Germany, the U.K., Italy, Spain, Japan, China, India, Brazil, Saudi Arabia, and South Africa.
Biocides are active biological or chemical compounds that are used to control the growth of or kill harmful organisms, such as bacteria and fungi. However, excessive use of biocidal products can be harmful to human beings and the environment at large. The usage of biocidal products is, therefore, regulated under the directive 98/8/EC of the European Union (EU), also known as the Biocidal Products Directive, wherein these products are categorized into 22 types based on their application. In this report, the biocides market is segmented on the basis of product, application, and region.
Get Request For Sample Pages: https://www.psmarketresearch.com/market-analysis/biocides-market/report-sample
Major application areas of biocidal products include water treatment, food and beverages, personal care products, wood preservation, paints and coatings, oil and gas, and boilers. Of these, water treatment accounts for a significant share in the biocides market, owing to the increased demand for biocidal products for the removal of contaminants and harmful bacteria from water. Food and beverages constitute the second-largest application area of biocidal products, owing to the rising need to control microbial growth in food and drinks and the growing usage of preservatives in ready-to-eat food products.
Some of the major companies operating in the global biocides market are Troy Corporation, THOR Group Ltd., LANXESS, BASF SE, Lubrizol Corporation, CLARIANT, DowDuPont Inc., Akzo Nobel N.V., Kemira Oyj, and Solvay SA.
The study provides the historical as well the forecast market size data for various countries, including the U.S., Canada, France, Germany, the U.K., Italy, Spain, Japan, China, India, Brazil, Saudi Arabia, and South Africa.
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