Biocides Market 2019 | Technology, Applications, Growth and Region Forecast 2023

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Biocides Market Research Report - Forecast to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Biocides Market Research Report- Forecast to 2023
Biocides Market - Overview
Growing focus on hygiene, stringent environmental
regulations and focus on clean water is foreseen
to boost the demand for Biocides in the coming
years. Market Research Future (MRFR) forecasts
the Global Biocides Market to expand moderately
and achieve high growth revenues over the next
couple of years. Biocides are chemical substance
that are used for a variety of applications and
has antimicrobial properties. Industrial
preservation applications account for a large
chunk of the consumption of Biocides. Greater
emphasis on improving sanitation in production
processes and workplaces coupled with improving
economic conditions is a primary driver of the
Global Biocides Market. Rebound in constructional
activities across the globe, especially in North
America and Asia Pacific has supported the growth
of the Biocides Market. Biocides are used in wood
preservation and paint coatings in the
construction industry. Biocides find relevance in
the food beverage industry too. They are used
in food contact materials (FCMs) and active
packaging materials to prevent microbial
contamination since food spoilage causes
significant economic damages at all stages of the
food production chain. Biocides find major
application in water treatment which is a key
factor driving the growth of the market. Biocides
are the preferred product for water treatment in
spas and swimming pool since they pose minimum
threat to human health. Biocides consumption is
expected to rise significantly in the backdrop of
outbreak of various water-borne diseases which
necessitate water treatment. Need for portable
water in domestic and industrial applications is
also expected to fuel the demand for Biocides.
Biocides are also experiencing heightened demand
from the energy sector which is complemented by
the increase in the use of hydraulic fracturing
techniques in the energy sector. Biocides are
used stimulation fluids as well in hydraulic
fracturing to prevent corrosion and production
issues. However, the market growth of Biocides
might be limited by the harmful effects related
to Biocides. Moreover, the formulation of
stringent norms against the use of Biocides also
acts as impediment to the growth of the global
biocides market. Concerns about the negative
impacts of biocides have directed focus towards
development of higher value environmentally less
harmful biocides which is expected to provide
growth prospects to the Global Biocides Market.
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Biocides Market Research Report- Forecast to 2023
Segmental Analysis
The Global Biocides Market has been segmented
based on Product and Application. By Product,
the market has been segmented into halogen
compounds, metallic compounds, organosulfur,
phenolics, nitrogen, and others. By
Application, the market has been segmented into
water treatment, food beverages, personal care,
wood preservation, paints coatings, HVAC,
boilers, oil gas, fuels, and others. View Full
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Biocides Market Research Report- Forecast to 2023
Regional Outlook
The region-wise analysis of the Global Biocides
Market includes regions such as North America,
Asia Pacific, Europe, and the Rest of the World.
A strong rebound of constructional activities
along with inflated demand from the food
beverage industry supports the growth of the
North America market for biocides. Asia Pacific
market for Biocides is expected to exhibit strong
growth due to the expansion of the manufacturing
industry in the region. Businesses are shifting
manufacturing capabilities to Asia Pacific to
capitalize on the low labour cost in the region.
Moreover, government initiatives to increase
awareness about hygiene has raised the use of
Biocides in the region.
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Biocides Market Research Report- Forecast to 2023
Major Players in this Research

• Biocides Market Prominent Players
• AkzoNobel N.V.
• Akcros Chemicals
• Albemarle Corporation
• Arch Chemicals Inc.
• Champion Technologies
• Anpath Group Incorporated
• Baker Hughes Incorporated
• Ashland Inc.
• BASF
• Buckman Laboratories International Inc.
• Clariant AG
• The Dow Chemical Company

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