Noble Biomaterials, Inc. (U.S.), and Renaissance Chemicals Ltd (U.K.) are Leading Players in the Metal Biocides Marke
Biocides are substances used to prevent damage caused by life forms such as bacteria, fungi, and algae when introduced in sufficient concentrations and durations. Metal biocide is a form of biocide which is composed of metals, such as silver, copper or zinc with other solid or liquid substances. The global metal biocides market is projected to reach USD 3.49 Billion, by 2021, at a CAGR of 4.8%, from 2016 to 2021. The growing paints & coatings industry in the Asia-Pacific region, coupled with the discovery of new application areas for metal biocides around the world are the key factors fueling the demand for metal biocides. However, regulatory restrictions on the application of certain metal biocides and the existence of potential substitutes hinder market growth.
The key companies profiled in this report include, BASF SE (Germany), Clariant AG (Germany), The Dow Chemical Company (U.S.), SANITIZED AG (Switzerland), Lonza Group Ltd (Switzerland), Troy Corporation (U.S.), Milliken Chemical Company (U.S.), SteriTouch Ltd. (U.K.), Noble Biomaterials, Inc. (U.S.), and Renaissance Chemicals Ltd (U.K.). The major players have adopted new product launches, partnerships & collaborations, acquisitions, agreements and expansions as their key growth strategies to retain their competitive positions in the global metal biocides market from 2012 to 2016.
Lonza Group Ltd (Switzerland), the biggest metal biocides manufacturer in the world, has adopted acquisitions as its key strategy in the global metal biocides market. For instance, in August 2015, the company acquired Zelam Ltd. (New Zealand), a company that manufactures products for crop protection, specializing in fungicides, insecticides, herbicides, foliar nutrients, wood protection, and additives. This acquisition helps Lonza in diversifying its product offerings in the aforementioned applications of metal biocides.
BASF SE (Germany) was one of the largest players in the global metal biocides market, in 2015. The company has launched a zinc oxide based biocide under its Z-Cote brand. This product is specially designed to be used for all kinds of formulations, from skin care and UV care to decorative cosmetics. In April 2014, Clariant AG has introduced an antimicrobial master batch, CESA antimicro for footwear industries. This metal biocide will provide protection against odor-causing bacteria in shoes, boots, sandals, and other footwear manufactured using polymeric insoles.
esides product launches and acquisitions, partnerships & collaborations is also a key strategy adopted by the leading metal biocides manufacturers to stay competitive in the global market. For example, in May 2015, DOW Microbial Control, a division of The DOW Chemical Company collaborated with Strategic Partners, Inc. (U.S.) to develop medical scrubs and lab coats which will use SILVADUR Antimicrobial which will help inhibit the growth of bacteria on apparel and increase the life of garments.
Related Reports:
Metal Biocides Market by Type (Silver, Copper & Alloys, Zinc), End-use Industry (Paints & Coatings, Medical, Textile, Wood Preservation, Foods & Beverages, Pesticides (Agriculture)), and Region - Global Forecast to 2021
Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: [email protected]
This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.
SEND ME A FREE SAMPLE
