Biocides Market Segmentation Estimates, Product Benchmarking
Forecast 2012-2022
“Biocides Market is expected to witness significant growth over the forecast
period owing to rising demand from end-user industries including paint &
coatings, personal healthcare, food & beverage and water treatment.”
The global Biocides Market is expected to witness significant growth over the forecast period owing to rising
demand from end-user industries including paint & coatings, personal healthcare, food & beverage and water
treatment. Furthermore, growing need for portable water in industrial and domestic application primarily due
to rising population is anticipated to drive the market growth over the next eight years. In addition, the growing
awareness of biocides in food & beverage application is further projected to propel the sector demand over the
forecast period.
The market is projected to witness proliferated demand over the next eight years owing to increasing application
for water treatment, rising need to control microbial growth in food & beverage and growing utilization of
cosmetic products . However, growing stringent regulation imposed on manufacturers due to rising
environmental concerns coupled with increasing fluctuation in the raw material prices has enabled the market
to witness hindered growth over the next eight years. The market is segmented by product into metallic
compounds, halogen compounds, organosulfur, phenolic, organic acids, nitrogen, and others. Halogen
compound segment was accounted for more than 25% market share in 2015 and expected to witness similar
trend over the next eight years owing to its low cost and increasing its raw material availability such as bromine,
chlorine, and iodine. The metallic compound segment is anticipated to report the fastest growth over the
forecasted period owing to increasing the need for clean water coupled with growing application as
disinfectants in water treatment plants and cooling towers.
Request Sample Copy of this Market Research @
https://www.millioninsights.com/industry-reports/biocides-market/request-sample