06 April 2016
Biocides Market

The global biocides market is growing, due to the increasing demand for water treatment, growing demand for food and beverages, and large base of end-use industries. Among the various types of biocides, the halogen segment held the largest share in the global biocides market in 2015, and it is anticipated to retain its dominance during the forecast period. The major factors driving the growth of the halogen biocides market are the easy availability of raw materials, such as iodine, chlorine and bromine and their low cost. Metallic compounds were the second largest biocides consumed across the globe in 2015. The demand for metallic compound biocides is expected to increase in the coming years, due to their increasing usage as disinfectant in water treatment application and stringent regulations regarding the usage of halogens as biocides in developed economies. Another major type of biocides is organosulfur biocide, having antibacterial and antifungal properties. These are majorly used in healthcare applications to inhibit microbial growth. In 2015, the largest share of biocide consumption was for water treatment application. The food and beverage application segment held the second largest share in the global biocide market in 2015.

Explore More About “Biocides Market” at: https://www.psmarketresearch.com/market-analysis/biocides-market

The growing biocides applications in plastics and increasing demand for biocides in the emerging economies of Asia-Pacific such as India and China, and the development of multi-functionality excipients are creating ample revenue generation opportunities for the major biocides manufacturers. The key trend witnessed in the global market is the shift of interest from halogen biocides to others types of biocides in the developed economies of North America and Europe. However, the stringent regulatory requirement for biocides is expected to hinder the growth of the global biocides market to some extent.

Biocides are the active chemical molecules or compounds used to control or inhibit harmful organisms. According to the Directive 98/8/EC of the European Parliament and Council of the 16 February 1998, biocidal products are defined as active substances and preparations containing one or more active substances, put up in the form in which they are supplied to the user, intended to destroy, render harmless, prevent the action of, or otherwise exert a controlling effect on any harmful organism by chemical or biological means.

Browse related market research at: https://www.psmarketresearch.com/industry-report/chemicals-materials-and-energy

About P&S Market Research

P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

Contact:
Abhishek
Executive – Client Partner
347, 5th Ave. #1402
New York City, NY - 10016
Toll-free: +1-888-778-7886 (USA/Canada)
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com

  • 3k
    Vews
  • 5
    Avg Daily Vews
  • 1 Day
  • 1 Week
  • 1 Month
  • 2 Months
  • 6 Months
  • 1 Year
0 Comments