Global Biocide Market 2018 With Top Companies Research Analysis including Growth Factors, Types and Application & Forecast 2018-2025

Biocide market research report further delivers a meticulous outlook of the industry by studying key components impacting the industry such as market growth, consumption volume, emerging trends, manufacturer, properties and industry cost structures during the forecast period.

Dallas, United States - January 8, 2019 /MarketersMedia/ —

Adroit Market Research published a study titled, “Global Biocide Market Size 2017 By Type (Phenol, Organosulfurs, Nitrogen, Organic Acids, Halogen Compounds, Metallic Compounds And Others), by Application (Oil & Gas, Water Treatment, Paints & coatings, Food & Beverages, HVAC, Personal Care, Fuels, Boilers and Others), by Region and Forecast 2018 to 2025”.

The global biocide market report covers the analysis based on drivers, restraints and future opportunities that are expected to influence the revenue during the forecast period. Additional tools such as the Porter’s five forces analysis, PESTEL analysis, and value chain analysis are included to give a holistic market view. The market revenue forecast is provided up to 2025, with 2015 to 2017 representing the real-time historical sales with an annual forecast period between 2018 and 2025. The report also provides comprehensive analysis of the regional trends that will impact the global biocide market size. Furthermore, the report also provides qualitative insights on the potential oilfield biocide market.

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The global biocide market size is estimated to be worth USD 13.76 billion by 2025 due to the increasing demand for the product in applications such as water treatment, paints & coatings and food & beverages among others. Rising need for extensive water treatment processes to address the growing demand for clean water globally, is the primary key factor attributing to the growth of the global biocide market.

By type, phenolic compounds is projected to contribute to over 13% of the global biocide market revenues by 2025. This can be attributed to the requirement of microbial protection for a wide number of applications including pulp, paper, paints, adhesives, water treatment and metalworking fluids. Furthermore, the use of phenolic as a disinfectant in hospitals, nursing homes, households, farms, laundries, and food processing plants will majorly drive the demand of this segment in the coming years.

By application, paints & coatings is projected to be the second fastest growing application in the global biocide market with a valuation of approximately USD 1.54 billion by 2025. The antimicrobial, antifungal and antibacterial properties of biocides (that help in restricting growth of unwanted fungus and bacteria) have escalated its demand in paints & coatings. The increasing construction activities in emerging countries has resulted in elevating the demand for paints and coatings, thereby acting as an aid in the growth of global biocide market.

Geographically, Asia Pacific is anticipated to grow at a CAGR of 6% during the forecast period. Increasing investments in infrastructure and manufacturing in the region are expected to offer huge growth opportunities to the regional biocide market growth. China and India are projected to emerge as the key driving countries during the forecast period.

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Furthermore, the rising need for safe packaged food serves as a driving factor for the food and beverage industry, thereby, driving the global biocide market growth. Increasing government investments for waste water treatment across the region has further aggravated the demand of biocides. For instance, India's wastewater infrastructure capital expenditure is projected to increase by 83% over the next five years. This is to present immense lucrative opportunities for biocide manufacturers.

The competitive landscape of the global biocide market is fragmented with a large number of players with global and regional presence. The key players in the global biocide market report include AkzoNobel N.V., BASF SE, Clariant AG, The Dow Chemical Company, Thor Group Limited, Troy Corporation, LANXESS, Ashland Global Specialty Chemicals Inc., Nalco Champion and Arch Chemicals Inc. among others.
Key segments of the global biocide market

Type Overview, 2015-2025 (USD Million)
• Phenol
• Organosulfurs
• Nitrogen
• Organic Acids
• Halogen Compounds
• Metallic Compounds
• Others

Application Overview, 2015-2025 (USD Million)
• Oil & Gas
• Water Treatment
• Paints & coatings
• Food & Beverages
• HVAC
• Personal Care
• Fuels
• Boilers
• Others

Regional Overview, 2015-2025 (USD Million)
• North America
o U.S.
o Canada
o Mexico
• Europe
o France
o Germany
o UK
o Spain
o Italy
o Rest of Europe
• Asia Pacific
o India
o Japan
o China
o Rest of APAC
• Rest of the World

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