Global 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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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 global 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.
Dow is the dominating player in global biocides market. The other key players existing in the market includes The Lubrizol Corporation (A Subsidiary of Berkshire Hathaway), BASF SE, Clariant, Cortec Corporation, 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, AKCROS CHEMICALS and DMP Corporation among others.
Dow headquartered in Michigan, U.S., founded in 1897 which is engaged in the manufacturing of innovative, customer-centric, inclusive and sustainable materials science. The company offers various products such as agriculture, feed and animal care, automotive and transportation, beauty and personal care, building, construction and infrastructure, chemical manufacturing and industrial, consumer goods and appliances, electronics, films, tapes and release liners, food and beverage, healthcare and hygiene, home care, industrial and institutional cleaning, oil, gas and mining, packaging, paints, inks and coatings, power, water and telecommunications, pulp and paper and textiles, leather and nonwovens.
The company has wide global presence across the in North America, Europe, Asia-Pacific and Latin America. The company also generates its revenue from various subsidiaries such as Rohm and Haas (U.S.), Dow Corning (U.S.), Dow Chemical Korea Ltd (Korea), Dow Holdings LLC (U.S.), ANGUS Chemical Company (U.S.), Chemars III LLC (U.S.), Dow Deutschland Inc (U.S.) among others.
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 global presence in North America, Europe and South 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,
LANXESS was established in 2004 and is headquartered in Cologne, Germany. The company is engaged in manufacturing of specialty chemicals which are used in additives, plastics industry and several other places. The company offers various products such as advanced industrial intermediates, high performance materials, inorganic pigments, leather, liquid purification technologies, lubricant additives business, material protection products, polymer additives, rhein chemie, saltigo, urethane systems and material protection products is market focused segment.
The company has wide global presence in Asia, Europe, Middle East and Africa, Americas. In addition to it, the company also generates its revenue from the various subsidiary companies such as LANXESS Deutschland GmbH, (Germany), LANXESS Solutions US Inc (U.S.), LANXESS Corporation, (U.S.), and Saltigo GmbH (Germany) among others.
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