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I am Jess Bruce Assistant Manager in Transparency Market Research (TMR). TMR is a market intelligence company providing global business research reports and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of... More
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  • Global Biocides Market Is Expected To Reach USD 9,622.0 Million In 2018: Transparency Market Research 0 comments
    Oct 30, 2013 4:00 AM

    Transparency Market Research is Published new Market Report "Biocides (Halogen Compounds, Metallic Compounds, Organosulfurs, Organic Acids, Phenolic, Nitrogen and Others) Market for Water Treatment, Food and Beverage, Personal Care, Wood Preservation, Paints and Coatings and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018," the global biocide market was USD 6.99 billion in 2011 and is expected to reach market worth USD 9.62 billion in 2018 growing at an estimated CAGR of 4.7% over the forecast period from 2012 to 2018.

    Browse the full report with complete TOC:

    With growing population and increasing concern regarding industrial wastewater, the demand for biocides has been increasing in households as well as industrial sector. Other growing end-use industries such as paints and coatings and personal care are expected to drive the global biocide market. However, stringent environmental regulations regarding use of these biocides may hinder the market growth in future.

    Water treatment emerged as the largest application of biocides and accounted for more than 22% of the global market in 2011. It is also projected to be the fastest growing application with an estimated CAGR of 5.9% over the forecast period, owing to increasing demand of treated water from various sectors such as industrial, commercial and households. Other major end-use applications of biocides include paints, coatings and personal care, which are expected to show moderate growth in coming years, owing to increasing hygiene concern globally. Rest of the applications including food and beverages, wood preservation and other applications such as fabrics together accounted for more than 50% of the global market in 2011.

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