Metal Biocides Market is Booming Market to Grow at Healthy CAGR forecast by 2027

Posted by ojasdbmr on May 4th, 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

Key Insights in the report:

•          Historical and current market size and projection up to 2025
•          Market trends impacting the growth of the metal biocides market
•          Analyze and forecast the metal biocides market on the basis of type and application
•          Trends of key regional and country-level markets for type and application
•          Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis.