HOME › Press Releases › MarketsandMarkets: Global Biocide Market worth $9.4 Billion by 2016
MarketsandMarkets: Global Biocide Market worth $9.4 Billion by 2016
The report “Global Biocide Market - By Types, Applications, Trends & Forecast (2011 – 2016)” defines and segments the global biocide market with analysis and forecasting of the global volume and revenue for biocide. It also identifies driving and restraining factors for the global biocide market with analysis of trends, opportunities, burning issues, winning imperatives, and challenges. The market is segmented and revenue are forecasted on the basis of major regions such as North America, Europe, Asia-Pacific, and Rest of the World (ROW). The key countries are covered and forecasted for each region. Further, market is segmented and revenue are forecasted on the basis of applications.
Browse 108 data tables spread through 246 pages and in-depth TOC on “Global Biocide Market - By Types, Applications, Trends & Forecast (2011 – 2016)”.
Early buyers will receive 10% customization on reports.
Biocides are widely employed in water treatment, wood preservation, paints and coatings, food and beverage, and personal care industry. These rapidly growing industrial markets for biocide are expected to boost the demand for biocides. These newer breed of biocide, which have lesser environmental impact and better performance features are key drivers of the biocide market. The market is also witnessing an increase in demand for environmentally friendly products.
Growth in water treatment is driving the global biocide market, since water treatment industry is dependent upon the consumption of water across the globe. Entry of environmentally friendly biocide products has also aided the growth of biocide market.
Biocides are also used as additives in paint industry, to protect the paint from spoilage during storage and also to prevent fungi and algae from growing on the applied paint. The damage to surfaces coated with paint and coating materials is due to microbial attack has always been an area of concern to the industry. They are also used in polymers for preventing the growth of bacteria or fungi and also to prevent degradation of polymer physical and sensorial properties, both within the material and at its surface.
The global market for biocide in terms of revenue was estimated to be worth $7.2 billion in 2010 and is expected to reach $9.4 billion by 2016, growing at a CAGR of 4.3% from 2011 to 2016. North America dominated the global biocide market, accounting for 45.0% of the global biocide demand in 2010. Asia-Pacific is expected to be the fastest growing market in the near future owing to the rapid advancement and increasing demand from key countries such as China and India. European biocide market is smaller than North America and Asia-Pacific markets both in terms of value and volume on account of regulations.
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. They cover thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. To know more about us and our reports, please visit our website www.marketsandmarkets.com
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252