Biocides Market to Grow at a CAGR of 6.3% by 2022 – Key Players are Dow Chemical, Troy Corporation, BASF, Thor Group, AkzoNobel, Clariant, Lanxess, Solvay, Kemira OYJ & Lonza Chemicals – Research and Markets

May 31, 2017

DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “Biocides
Market by Type and End Use Industry” report to their offering.

The global biocides market was valued at $6,479 million in 2015, and is
projected to reach $9,912 million by 2022, growing at a CAGR of 6.3%
from 2016 to 2022. This is attributed to rapid growth of end user
industries, increase in demand for biocides from construction industry,
rapid growth of the agriculture industry, and rise in investments waste
water treatment industry.

Developing countries have witnessed high demand for biocides, owing to
rapid industrialization and increase in demand from oil & gas sectors
such as oilfield, pipeline, and refinery. Additive applications such as
use of hydraulic fracturing techniques (tight oil and shale gas
formations), which require biocides to prevent corrosion and production
issues that may be caused by bacterial contamination is further expected
to fuel demand for biocides. Rise in demand from pulp & paper
manufacturing and plastics production, and increase in awareness for
protection against growth of bacteria and pathogens in food & beverage
industry are anticipated to drive the market growth in forecast period.

Moreover, it has become a regulatory trend to replace conventional
chemicals such as chlorine in industrial water treatment applications
with low-cost commodities to be further used in municipal water
treatment. Market players focus on catering to the high demand for
specialty biocides and its products and their variability.

Companies Mentioned

  • The Dow Chemical Company
  • Troy Corporation
  • Basf Se
  • Thor Group
  • Akzonobel N.V.
  • Clariant Corporation
  • Lanxess Ag
  • Solvay Sa
  • Kemira Oyj
  • Lonza Chemicals

Key Topics Covered:

Chapter 1 Introduction

Chapter 2 Executive Summary

Chapter 3 Market Overview

Chapter 4 Biocides Market, By Type

Chapter 5 Global Biocides Market, By End-User Industry

Chapter 6 Global Biocides Market, By Geography

Chapter 7 Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/h7cdpr/biocides_market.

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Laura Wood, Senior Manager
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Related
Topics: Disinfectants

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