Dallas, TX -- (SBWIRE) -- 01/08/2014 -- The report, "Biocides Market by Type (Halogen Compounds, Metallic Compounds, Organosulfurs, Organic Acid, Phenolics), Application (Personal Care, Water Treatment, Wood Preservation, Food & Beverages, Paints & Coatings) - Global Trends & Forecasts to 2018", defines and segments the global biocides market with an analysis and forecasting of the global consumption value.
Browse more than 143 market data tables with 51 figures spread through 351 pages and in-depth TOC on "Biocides Market".
Early buyers will receive 10% customization on this report.
Request Free Sample of the Report@http://www.marketsandmarkets.com/requestsample.asp?id=1277
High Demand from the Asia-Pacific Region
The global biocides market is currently dominated by North America. Halogen-based compounds and metallic biocides have large demand from applications such as water treatment, wood preservatives, and paints & coatings. In the coming years, demand from emerging countries is likely to increase on the account of rising environmental awareness and stringent regulations for biocidal products.
Biocides usage in water treatment and food & beverages has been dominating the applications at global level. The halogen-based compounds and organic acids, which are largely used in these applications, have witnessed high growth during recent years. Increasing global awareness and improving standard of living are fueling the use of biocides globally. Stringent regulatory frameworks globally along with recent and upcoming reforms are pushing the global biocides demand in both developed and developing countries.
Halogen compounds have dominated the global biocides market covering more than one-third of the global biocides market in both terms; value and volume. Organic acids followed halogen compounds in volume terms whereas the high prices of metallic biocides resulted in the second-largest market share for metallic biocides in value terms in 2012.
North America has emerged as the most dominant region, both in terms of volume and value, far ahead of Asia-Pacific, followed by Europe and Rest of World. U.S. is likely to remain a major market for biocides, while developing economies such as China, India, South Korea, Brazil, Malaysia, Indonesia, etc. will fuel the future growth. The major players of biocides include Lonza (Arch Chemical) (Switzerland), ISP (U.S.), The Dow Microbial Control (U.S.), Troy Corporation (U.S.), and Thor Specialities (U.S.).
The global biocides market is estimated to reach $9.6 billion by 2018, growing at a CAGR of 4.6% from 2013. The high demand of biocides from water treatment, paints & coatings, and personal care will boost future growth.
The biocides demand, in terms of value and volume, depicts current and future projections according to the parallel economic and industrial outlook. This analysis covers major developments, expansions, agreements, and mergers & acquisitions of leading global companies. In addition to this, 25 key players in the market have also been profiled.
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. M&M covers thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets