Metal Biocides Market Dynamic Outlook and Influencing Key Growth

Posted by kelvindbmr on April 8th, 2021

Metal biocides market is estimated to grow at growth rate of 4.8% for the forecast period of 2020 to 2027. Market is driven by the increasing growth of end-use industries such as medical, paints and coatings and water treatment.

 A biocide is a sort of chemical or microorganism that can stop, reduce harmless or exert a controlling impact on harmful organisms by organic means. They are mechanically critical and act as a oxidizing specialists in disinfectants and additives. They are ordinarily utilized as a part of forestry, anti-fouling agents. disinfectants, medicine, agriculture and others. Biocides can be either natural or synthetic.

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Key Market Competitors: Global Metal Biocides Market

The key players operating in the global metal biocides market are –

•          Akzo Nobel N.V.
•          BASF SE
•          Clariant
•          DowDuPont

The other players in the market are Evonik Industries AG, Croda International Plc, , Huntsman International LLC., Kao Corporation, Galaxy Surfactants Ltd, Solvay, Vinamax Organics Pvt., CHEMTEX SPECIALITY LTD, Enaspol a.s., Unger Fabrikker AS, AARTI INDUSTRIES LIMITED, Oxiteno, KLK OLEO., Pilot Chemical Corp., Procter & Gamble. Lankem and many more.

Segmentation: Global Metal Biocides Market

•          By Type (Silver, Copper & Alloys, Zinc)
•          By Application (Paints & Coatings, Medical, Textile, Pesticides (Agriculture), Wood Preservation, Foods & Beverages)
•          By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa)

Market Drivers:

•          Growing pharmaceutical and healthcare market due to increasing incidences of diseases.
•          Increasing demand from the different verticals such as paints and coatings and water treatment because of rapid industrialization and continuous infrastructure development
•          Rising demand in the Asia Pacific region due to its accumulative acceptance of water treatment procedures in countries such as Japan, China and India

Market Restraint:

•          Strict Environment regulations due to its excessive usage