Global Specialty Biocides Market 2016-2020

    Mar. 18 2016   Pages: 72   Language: English   Price: $2500

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    • Summary
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      Specialty biocides are microorganisms or chemical substances that are used to control and prevent the damage to manufactured or natural products.

      Technavio’s market analyst have predicted the global specialty biocides market to grow at a moderate CAGR of close to 5% over the forecast period. The increasing demand for specialty biocides in water treatment is one of the key growth drivers of the specialty biocides market. An expanding population and drastic climate changes have increased the demand for clean water globally. Besides the agriculture sector, the industrial and energy sectors consume around 20% water, and 10% of water is used for other purposes such as steam generation, in heating and cooling systems, and as raw materials for solvent processing. The water discharged from heavy industries is highly polluted by heavy metals and organic matter, making it unfit for consumption. Microorganisms thrive in this polluted water rendering it unsuitable for any use. Therefore, specialty biocides are added to make the water usable. Also, these biocides are added to water cooling systems like condensers and compressors as they provide a sustainable environment for the growth and proliferation of microorganisms. The extensive application of specialty biocides in water treatment will aid in the growth of this market until the end of 2020.

      This industry research report, analysts have estimated factors like the rising preference for silver-based biocides to augment the growth prospects of the specialty biocides market. Silver-based biocides are preferred over other biocides owing to their high thermal stability and low toxicity. They are used in consumer product applications such as food preservation and wood preservation. This recent shift in the preference for silver-based biocides backed by scientific research and testing and outright banning of chemical biocides is expected to foster the demand for silver-based biocides which will, in turn, bolster the specialty biocides market’s growth potential during 2016-2020.

      Specialty biocides are categorized into:
      • Antimicrobials: Includes antibiotics, germicides, antivirals, antibacterials, antiprotozoals, antifungals, and antiparasitics
      • Pesticides: Includes herbicides, fungicides, insecticides, rodenticides, molluscicides, and algicides
      It is important to differentiate between biocidal product and biocidal active substance while discussing specialty biocides. Biocidal products consist of one or more active substances and may contain other non-active co-formulants that guarantee the efficiency and the preferred color, odor, pH, and viscosity of the final product. Biocidal active substances are chemicals or microorganisms.

      Covered in this report 
      The report covers the present scenario and the growth prospects of the global specialty biocides market for 2016-2020. To calculate the market size, the report considers revenue generated from the sales of specialty biocides in water treatment, wood preservation, coatings, personal care, disinfection, and other industries.

      The market is divided into the following segments based on geography: 
      • North America
      • APAC
      • Europe
      • ROW

      Technavio's report, Global Specialty Biocides Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. 

      Key vendors 
      • AkzoNobel
      • BASF
      • Clariant
      • Cortec
      • Lonza
      • Thor
      • Troy

      Other prominent vendors 
      • Baker Hughes
      • Buckman Laboratories
      • GE Water & Process Technologies
      • Kemira
      • Lanxess
      • Lubrizol
      • Sigma-Aldrich 
      • The Dow Chemical

      Market driver 
      • Increased demand for specialty biocides in water treatment
      • For a full, detailed list, view our report 

      Market challenge 
      • Hazards and risks associated with the use of specialty biocides
      • For a full, detailed list, view our report 

      Market trend 
      • Reliable market opportunities for silver-based biocides
      • For a full, detailed list, view our report 

      Key questions answered in this report 
      • What will the market size be in 2020 and what will the growth rate be?
      • What are the key market trends?
      • What is driving this market?
      • What are the challenges to market growth?
      • Who are the key vendors in this market space?
      • What are the market opportunities and threats faced by the key vendors?
      • What are the strengths and weaknesses of the key vendors? 
       

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