Biocides Market Share , Size , Analysis , Growth , Trends and Forecasts to 2024 | Hexa Research
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Biocides Market Share , Size , Analysis , Growth , Trends and Forecasts to 2024 | Hexa Research
Growing at a CAGR over 5 % during 2016 to 2024 , the global biocides market is anticipated to reach nearly USD 12980.8 million by 2024 . Stringent environmental regulations and growing awareness are likely to drive the market till 2024 . Health awareness and the need for clean water will boost industrial growth in the coming years . Moreover , industrialization in emerging economies and demand for potable water could augment the segment of water treatment .
Biocides are compounds used as antimicrobial , antifouling & disinfecting agents , and as pesticides . Halogens such as bromine & chlorine , organosulfur , copper salts , acrolein , iodine , amines , metals , and quaternary ammonium salts are used to make biocides .
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Rigid regulations by regulatory bodies such as the Federal Insecticide , Fungicide , and Rodenticide Act ( FIFRA ), the Environmental Protection Agency ( EPA ), and Registration ,
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