Biocides Market Size, Share, Growth, Trends and Industry Analysis Report, 2020
The global biocides market size was estimated at USD 7.99 billion in 2014. Rising demand from industrial applications, particularly in paints & coatings, water treatment and personal care coupled with the dynamic expansion of these end-use industries is expected to drive biocides market in the near future.
(firmenpresse) - The global market for biocides is expected to reach USD 10,745.7 million by 2020, according to a new study by Grand View Research, Inc. Growing population coupled with growing concerns for industrial waste water treatment is expected to drive biocide demand over the next six years. In addition, positive outlook on key application markets such as textiles, paints and coatings, primarily in Asia Pacific, Latin America and Eastern Europe, is also expected to boost the demand for biocides over the forecast period.
Halogen compounds dominated the biocide product space, accounting for over 27% of global market revenue in 2013. However, environmental concerns, regarding the disposal and impact of halogen-based compounds are expected to reduce market penetration for these products by 2020. Phenolic biocides are expected to be the fastest growing product segment, at an estimated CAGR of 6.9% from 2014 to 2020.
Further Key findings from the study suggest:
R of 6.2% from 2014 to 2020.
lso expected to be the fastest growing application market for biocides at an estimated CAGR of 6.2% from 2014 to 2020.
ties, DuPont, Lanxess, Akzo Nobel and BASF.
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Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales(at)grandviewresearch.com
For More Information: www.grandviewresearch.com
Datum: 17.10.2019 - 05:14 Uhr
Sprache: Deutsch
News-ID 1553153
Anzahl Zeichen: 2595
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Typ of Press Release: Financial
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Date of sending: 17.10.2019
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