Global Metal Biocides Market By Type (Silver, Copper & Alloys, Zinc); Application (Paints & Coatings, Medical, Textile, Pesticides (Agriculture), Wood Preservation, Foods & Beverages); Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2025
Market Analysis: Global Metal Biocides Market
The Global metal biocides market is expected to reach USD 4.12 billion by 2025, from USD 2.75 billion in 2017 growing at a CAGR of 5.85% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Market Definition: Global Metal Biocides Market
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. They can be restrictive for erosion that occurs naturally. Its utilization has reverse effects on the environment. Increasing demand of the paints and coatings is one of the factors which drive the metal biocides market. According to Statista, in 2022, global paints and coatings industry’s market value will rise to USD 209.4 Billion. According to India Brand Equity Foundation, from April 2000 to December 2017, cumulative FDI inflows in the construction activities sector came up to USD 12.36 Billion. Thus, it can be said that rise in paints and coatings industry due to continuous infrastructure development will surely drive the market in forecasting period.
- 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
- Strict Environment regulations due to its excessive usage
Segmentation: Global Metal Biocides Market
- Copper & Alloys
- Wood Preservation
- Foods and Beverages
- Paints and Coatings
- North America
- Rest of Europe
- South Korea
- Rest of Asia Pacific
- South America
- Rest of South America
- Middle East & Africa
- South Africa
- Rest of Middle East and Africa
Competitive Landscape: Global Metal Biocides Market
The global metal biocides market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of acetaldehyde market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Market Competitors: Global Metal Biocides Market
The key players operating in the global metal biocides market are –
- Akzo Nobel N.V.
- BASF SE
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.
Research Methodology: Global Metal Biocides Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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.