HOME Analyst Briefings Analyst Briefing Presentation on ‘Global Biocide Market By Types, Applications, Trends & Forecast (2011 – 2016)' to be held on June 18, 2012.

Analyst Briefing Presentation on ‘Global Biocide Market By Types, Applications, Trends & Forecast (2011 – 2016)' to be held on June 18, 2012.

The CMFE practice at MarketsandMarkets is pleased to announce its Analyst Briefing Presentation on the "Global Biocide Market By Types, Applications, Trends & Forecast (2011 – 2016)" to be held on June 18, 2012. The briefing will cover an overview of drivers and opportunities present in the market. It will also cover the factors limiting the growth of global biocide market.

Biocides in simple terms mean substances that kill or inhibit all life forms when introduced in sufficient concentration and/or duration. They are generally used to kill harmful organisms and control bacterial or fungal growth. Different types of biocide such as halogen compounds, metallic compounds, organosulfurs, organic acids, phenolic are used for various applications in personal care, water treatment, wood preservation, food and beverage, paints and coatings, and others. Growth in water treatment market on account of increasing water consumption due to population growth, changing food habits, and climate change is a major driver for global biocide market.

The market is also witnessing an increase in demand for environmentally friendly biocides in disinfectants and sanitizers in household, industrial, and institutional cleaners as compared to other biocide formulations.

Biocide products have become compliant to environment regulations as more and more companies are meeting the regulations and also providing high performance characteristics to their products making them highly competitive. These newer breed of biocide, which have lesser environmental impact and better performance features are key drivers of the biocide market. Higher priced specialty biocides are providing stiff competition to the commodity biocides.

A top-down approach was used to estimate market size of biocides. The key players in the biocide market were identified through secondary research and their biocide’s revenue was determined through primary and secondary research. This includes study of the annual reports of top market players. The size of the biocide market was derived from the major player’s trends and forecast is based on analysis of market trends such as pricing and consumption of biocide in various applications.

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% 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.

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