Global biocides market is projected to register a CAGR of 5.0% in the forecast period of 2020 to 2027. The new market report contains data for the historic year 2018, the base year of calculation is 2019 and the forecast period is 2020 to 2027.
Market Segmentation:
Global Biocides Market By Type (Halogen Compounds, Organic Acids, Nitrogen Based Biocides (Quaternary Ammonium Compounds), Metallic Compounds, Organosulfur Compounds, Phenolic Biocides, Others), Product Type (Preservatives, Pest Control, Others), Application (Water Treatment, Food & Beverage, Boilers and Industrial Cooling Towers, Personal Care, Wood Preservation, Paints & Coatings, HVAC, Boilers, Oil & Gas, Fuels, Metal Working Fluids, Marine Industry, Plastics, Leather, Others), Country (U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Rest of Europe, Japan, China, South Korea, India, Australia, New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Some of the major factors contributing to the growth of the global biocides market:
• Increasing demand for treated water form municipal and industrial water treatment industries
• Rising demand for biocides in preservatives in food
Market Players:
The key players of global biocides market are:
• The Lubrizol Corporation (A Subsidiary of Berkshire Hathaway)
• BASF SE
• Clariant
• Cortec Corporation
• Dow
• Akzo Nobel N.V.
• Kemira
• Thor
• BWA WATER ADDITIVES
• LANXESS
• Albemarle Corporation
• Lonza
• Baker Hughes, a GE company LLC
• Buckman
• Valtris Specialty Chemicals
• Dalian Xingyuan Chemistry Co., Ltd.
• Ecolab
• Merck KgaA
• Ques Industries, Inc.