The Lubrizol Corporation (A Subsidiary of Berkshire Hathaway), Solvay and Merck KgaA are Dominating the Europe Biocides Market in 2019

Europe Biocides Market is expected to grow with the CAGR of 5.0% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.

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Europe biocides market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in Europe biocides market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance, in January 2019, LANXESS decided to produce new products for the Indian Leather industry so that they can meet the increasing demand of leather products. The launch enhanced their product portfolio which generates revenue of the business.

The Lubrizol Corporation (A Subsidiary of Berkshire Hathaway) is the dominating player in Europe biocides market. The other key players existing in the market includes BASF SE, Clariant, Akzo Nobel N.V., Kemira, Thor, BWA WATER ADDITIVES, Albemarle Corporation, Lonza, Baker Hughes, a GE company LLC, Thor, Buckman, Valtris Specialty Chemicals, Ques Industries, Inc., Corbion, Champion Technologies (A subsidiary of Ecolab), Dalian Xingyuan Chemstry Co.,Ltd, Merck KgaA, and AKCROS CHEMICALS.

The Lubrizol Corporation (A Subsidiary of Berkshire Hathaway)

The Lubrizol Corporation (A Subsidiary of Berkshire Hathaway) founded in 1928 headquartered in Ohio, U.S. The company is engaged in providing high quality products from complex specialty chemicals and making the products environment friendly. The company offers various products such as Beauty and Personal Care, Chlorinated Applications, Coatings, CPVC Piping Systems, Engineered Polymers (TPU), Health, Home Care, Lubricant and Fuel Additives, Water Treatment (Carbosperse K-700).

The company has wide global presence across the in U.S., Belgium, India, China, U.K. and Singapore. For instance,

  • In July 2019, The Lubrizol Corporation (A Subsidiary of Berkshire Hathaway) had done acquisition with Bavaria Medizin Technologie GmbH with the aim to manufacture innovative medical device design. The acquisition helps in increasing the revenue of the business and increases customer base of the company.

 Europe Biocides MarketSolvay

Solvay founded in 1863 and is headquartered in Brussels, Belgium. The company is engaged in the production of innovative solutions, chemicals and materials which has wide range of application in various sectors. The company offers various products such as Coatings, Agriculture, Automotive, Aerospace, Industrial Applications, Mining, Environment, Energy Solutions, Oil & Gas, Building & Construction, Healthcare, Consumer Goods, Electrical & Electronics, Food Industry, Feed Industry among which Oil & Gas is market focused segment.

The company has wide Europe presence in North America, Europe and Latin America. In addition to it, the company also generates its revenue from the various subsidiary companies such as RHODIA Italia S.p.a. (Italy), Rhodia Brasil Ltda. (Brasil), Rhodia (china) Co. Ltd. (China), Rhodia Singapore Pte Ltd (Singapore), Rhodia Silica Korea Co., Ltd.(Korea) and among other and among others. For instance,

  • In January 2020, Solvay collaborated with SGL Carbon in order to manufacture advanced composites for aerospace. The collaboration helps in increasing the revenue of the business.

 Merck KgaA

Merck KgaA was established in 1668 and is headquartered in Darmstadt, Germany. The company is engaged in providing wide range of laboratory materials and technologies and Life Science Products. The company has wide Europe presence in Asia-Pacific, North America, Europe, South America and Middle East and Africa. In addition to it, the company also generates its revenue from the various subsidiary companies such as Sigma-Aldrich (U.S.), MilliporeSigma (U.S.), Versum Materials (U.S.), and EMD Performance Materials (U.S.) among others.

For instance,

  • In December 2020, Merck KGaA has attended Taiwan Semiconductor Executive Summit in Taiwan. The exhibition helps the company to increase the sales and generates revenue.