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© 2016 Global Market Insights. All Rights Reserved www.gminsigts.com Biocides Market Size, Share and Forecast 2016-2022 Biocides Market size is expected.

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Presentation on theme: "© 2016 Global Market Insights. All Rights Reserved www.gminsigts.com Biocides Market Size, Share and Forecast 2016-2022 Biocides Market size is expected."— Presentation transcript:

1 © 2016 Global Market Insights. All Rights Reserved www.gminsigts.com Biocides Market Size, Share and Forecast 2016-2022 Biocides Market size is expected to reach USD 12.01 billion by 2022 Key companies include Dow, Ashland, Arch Chemicals, Thor Specialities and Troy, AkzoNobel, BASF, Lanxess, Champion Technologies and Albemarle

2 © 2016 Global Market Insights. All Rights Reserved www.gminsigts.com  Biocides Market size is expected to reach USD 12.01 billion by 2022; according to a new research report by Global Market Insights, Inc.  Increasing waste water treatment system coupled with stringent environmental regulations will drive global biocides market size growth. Increased health awareness related to bacterial growth and pathogens particularly in Asia Pacific and Latin America will stimulate product growth.  North America, led by Mexico, Canada and U.S biocides market size, dominated demand, with U.S. set to surpass USD 3.7 billion by 2023. may boost product demand paints & coatings applications. U.S government has invested significant amount of revenue to infrastructural development factor which may drive paints & coatings demand.  VoC emission norms have led to paint manufacturers focusing on low emission formaldehyde free products. However, low emission paints are more susceptible to microbial activity which may promote biocides market size growth in paints to curb their activity. Global Market Scenario of Biocides Industry

3 © 2016 Global Market Insights. All Rights Reserved www.gminsigts.com  Halogen compound based biocides market size dominates the product landscape, with growth set at 4.7% by 2022. Increasing application scope in municipal and industrial waste-water treatment with cooling systems has led to slower market growth owing to stringent regulations regarding halogen emissions. Halogen compounds are deployed as biocides in light of easy availability and low cost.  Oil & gas applications are likely to witness strong gains, with strong O&G exploration & production indicators providing significant growth opportunities. Primary uses include optimizing production rates, curb corrosion, and keep away functional fluids from getting spoiled. Storage areas and wells have certain bacteria that produce hydrogen sulfide which can be flammable and explosive.  Stringent regulation regarding product authorization before placing an order along with active substances such as carcinogens, mutagens and reprotoxic substances may hinder demand and affect biocides market price trend. In the U.S., biocides are regulated under the Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA). This act aims at providing federal control over distribution, sale and use of all pesticides. Continue.....

4 © 2016 Global Market Insights. All Rights Reserved www.gminsigts.com Request For Technical Insights Sample Report PDF @ https://www.gminsights.com/request-sample/detail/150 https://www.gminsights.com/request-sample/detail/150

5 © 2016 Global Market Insights. All Rights Reserved www.gminsigts.com Application Analysis:- Water treatment biocides market size was estimated at over USD 1.8 billion in 2014. Industrial water treatment is done to address problem areas that include scaling, microbial activity, corrosion and disposal of waste water. Food & beverages application was the second largest by accounting for over 16% of the revenue share in 2014 and is likely to witness sluggish gains over the forecast period. Personal care application is likely to grow at above average rate at over 5.2% up to 2022. Increasing application scope in cosmetic such as shower gel, liquid soap, shampoo and moisturizing cream in order to inhibit growth of bacteria & fungus and to improve product shelf life is likely to fuel biocides demand. Increasing application scope in paints & coating owing to antimicrobial, antifungal and antibacterial properties coupled with construction industry growth is likely to drive biocides demand. Global coatings market size registered over USD 114 million in 2014 and is likely to be worth more than USD 142 million by 2022. 360° Analysis Request For Buying Industry Report@ https://www.gminsights.com/inquiry-before-buying/150 https://www.gminsights.com/inquiry-before-buying/150

6 © 2016 Global Market Insights. All Rights Reserved www.gminsigts.com North America, driven by the U.S. biocides market share, dominated demand with valuation exceeding USD 3.2 billion in 2014. The U.S. accounted for over 75% of the revenue share in North America. The U.S government has allotted significant amount of funds to infrastructural development in recent past which is likely to increase paints & coatings demand in the region and thereby promoting biocides growth. APAC, dominated by China biocides market share, accounted for over 28% of the revenue share and is likely to grow at higher rates up to 2022. Growth of end-use industries such as construction, healthcare, pharmaceuticals and food & beverages is likely to drive demand over the forecast period. MEA, mainly driven by Saudi Arabia, occupies a small portion of the total revenue share and is likely to grow at above average growth rates up to 2022. This region is likely to grow owing to increasing paints & coatings demand due to increasing construction spending by regional governments of Saudi Arabia, Bahrain, UAE and Qatar. Regional Analysis:- Browse Report Summery@ http://goo.gl/o9jlOE http://goo.gl/o9jlOE

7 © 2016 Global Market Insights. All Rights Reserved www.gminsigts.com Biocides Industry Latest Research Report@ https://www.gminsights.com/industry-analysis/biocides-market-size Request Sample Report PDF @ https://www.gminsights.com/request-sample/detail/150 https://www.gminsights.com/request-sample/detail/150 Request for customization as per your requirement@ https://www.gminsights.com/roc/150 https://www.gminsights.com/roc/150

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