Global Biocides Market Foreseen to Grow Exponentially

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Biocides Market

• Global Industry Analysis, Size, Share, Growth,
  Trends and Forecast,  2019 - 2027

Microcrystalline Cellulose Market
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Industrial Wastewater Treatment RD a Key to
Market Growth

• A recent report, issued by Transparency Market
  Research (TMR), studies the behavior of global
  biocides market, which was valued US6.99 billion
  in 2011
• The research report evaluates the biocides market
  on the basis of the product type, application,
  and the geography and presents an in-depth
  analysis of past performance, current trends, and
  future prospects of this market.
• By product type, the global biocides market is
  segmented into halogen compounds, metal
  compounds, nitrogen, organic acids,
  organosulfurs, phenolic compounds, and other
  compound.

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Key Drivers of the Industrial Wastewater
Treatment Market

• The global market for biocides is largely driven
  by the increasing demand of water with the
  ever-increasing population of the world.
• Increasing demand of treated water is directly
  reflected by the increasing demand of water per
  capita, globally.
• With increasing population the activities
  requiring water for various purposes have
  increased manifold and thus are proving to be a
  great driving factor for biocides being used in
  large amounts for water treatment to make it
  suitable for reuse 
• Asia Pacific is expected to be the fastest
  growing market with an estimated CAGR of 5.8
  over the forecast period. 

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Biocides Market Demand

• Biocide demand from the water treatment sector
  accounted for more than 20 in 2011 and is
  projected to experience continuous growth in the
  future due to increasing global demand of treated
  water. It is also expected to be the fastest
  growing segment with an estimated CAGR of 5.9
  from 2012 to 2018.
• Paints and coatings and food and beverages
  together accounted for more than 29 of the
  market in 2011 and are expected to show moderate
  growth in the coming years.

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major key players in the market include 

•  Albemarle,
• AkzoNobel
• Arch Chemicals
• Ashland Inc.
• BASF SE
• Clariant AG
• Dow Chemicals
• Lanxess. 

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