Europe Biocides Market, By Type (Halogen Compounds, Organic Acids, Nitrogen Based Biocides (Quaternary Ammonium Compounds), Metallic Compounds, Organosulfur Compounds, Phenolic Biocides and Others), Product Type (Preservatives, Pest Control and Others), Application (Water Treatment, Food & Beverage, Boilers and Industrial Cooling Towers, Personal Care, Wood Preservation, Paints & Coatings, HVAC, Boilers, Oil & Gas, Fuels, Metal Working Fluids, Marine Industry, Plastics, Leather and Others), Country (Germany, U.K., Italy, France, Spain, Turkey, Russia, Switzerland, Belgium, Netherlands, Rest of Europe) Industry Trends and Forecast to 2027
Biocides market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing at a CAGR of 4.7% in the forecast period of 2020 to 2027 and expected to reach USD 4,042.55 million by 2027. Growing demand of biocides in the automotive of wide range in lightweight applications increases the demand of biocides are the factors for the market growth.
Europe region is dominating in various countries such as Germany and U.K. due to increasing demand of the biocides in the pharmaceutical industry which boosts the demand of biocides.
Biocides are the kind of microorganisms or chemical substances which helps in killing or inhibits the extension of activity of living organisms. The biocides are present in various kinds of products that are used by the humans in daily routine. The biocides are manufactured from various type of compounds such as organic compounds, halogen and from various other sources. It helps in providing the tensile strength as well as durability to the products. Biocides are used in cosmetic products, food products, beverages, marine industry, oil and gas and at several other industries which has increases the preferences among consumers and retailers.
Biocides are used in wood preservation, paints & coatings and among several other places with the aim to enhance the strength in the final products. Biocides are also used in the food industry which helps in the decreasing the chances of food which rotten up fast. The biocides as biomaterials in the laboratories are gaining prevalence among the researchers due to which the demand for biocides in Europe biocides market is increasing at a higher rate.
The major restraint which has been found is increasing risk of allergies which can be happen to the sensitive skins which restrain the growth of the biocides. Along with it the stringent rules and regulation regarding the environmental concerns is the problem for the manufacturers in the manufacturing of the innovative biocides products. So, the manufactures are focusing on the innovative processing techniques in order to produce innovative products that help in coping up with the restrain of Europe biocides market.
This biocides market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Europe biocides market is segmented on the basis of type, product type and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the biocides market is segmented into halogen compounds, organic acids, nitrogen-based biocides (quaternary ammonium compounds), metallic compounds, organosulfur compounds, phenolic biocides and others. In 2020, halogen compounds segment is dominating because of easy manufacturing process as compare to other type of Biocides which increases prevalence among manufacturers.
- On the basis of product type, the biocides market is segmented into preservatives, pest control and others. In 2020, preservatives are dominating because it retains the proper nutrients to the finished preserved food products.
- On the basis of application, the biocides market is segmented into water treatment, food & beverage, boilers and industrial cooling towers, personal care, wood preservation, paints & coatings, HVAC, boilers, oil & gas, fuels, metal working fluids, marine industry, plastics, leather and others. In 2020, the water treatment segment is dominating in biocides market has increased because of the huge inertness as well as less toxicity than the insecticides which have widened the area of application.
Europe market is analysed and market size information is provided by country, type, product type and application as referenced above.
The countries covered in Europe biocides market report are Germany, U.K., Italy, France, Spain, Turkey, Russia, Switzerland, Belgium, Netherlands and Rest of Europe.
Europe biocides market is dominating the market due to high demand of the biocides in the automotive industry among the machinery parts of vehicles. In Europe, Germany is dominating due to rising demand for treated water form municipal and industrial water treatment industries. The U.K. is growing with the highest CAGR because of the increasing investments related to biocidal products in the region. Increasing demand for agrochemicals due to rise in demand for high-quality pest-free crop and growing construction industry and adoption of powder coatings in Italy is augmenting the market growth.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Improving use of Biocides in the Marine Industry Parameters
Europe biocides market also provides you with detailed market analysis for every country growth in installed base of different kind of products for biocides market, impact of technology using life line curves and changes in biocides regulatory scenarios and their impact on the biocides market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Biocides Market Share Analysis
Europe biocides market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to Europe biocides market.
The major players covered in the report are The Lubrizol Corporation (A Subsidiary of Berkshire Hathaway), BASF SE, Clariant, Dow, Akzo Nobel N.V., Kemira, Thor, BWA WATER ADDITIVES, LANXESS, Albemarle Corporation, Lonza, Baker Hughes, a GE company LLC, Thor, Buckman, Valtris Specialty Chemicals, Ecolab, Merck KgaA among other domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many product launches and agreements are also initiated by the companies’ worldwide which are also accelerating the biocides market.
- In July 2019, The Lubrizol Corporation had done an acquisition with Bavaria Medizin Technologie GmbH in order to manufacture innovative medical device design. The acquisition helps in the diversification of the products of the business.
Collaboration, joint ventures and other strategies by the market players is enhancing the company market in the biocides market which also provides the benefit for organisation to improve their offering for biocides.
Customization Available: Europe Biocides Market
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