San Francisco, 28 September 2018 - The global market for biocides is expected to reach USD 10,745.7 million by 2020, according to a new study by Grand View Research, Inc. Growing population coupled with growing concerns for industrial waste water treatment is expected to drive biocide demand over the next six years. In addition, positive outlook on key application markets such as textiles, paints and coatings, primarily in Asia Pacific, Latin America and Eastern Europe, is also expected to boost the demand for biocides over the forecast period.
Halogen compounds dominated the biocide product space, accounting for over 27% of global market revenue in 2013. However, environmental concerns, regarding the disposal and impact of halogen-based compounds are expected to reduce market penetration for these products by 2020. Phenolic biocides are expected to be the fastest growing product segment, at an estimated CAGR of 6.9% from 2014 to 2020. Full Research Report On Global Biocides Market By Grand View Research: www.grandviewresearch.com/industry-analysis/biocides-industry Further key findings from the study suggest:
www.grandviewresearch.com/industry/disinfectants-and-preservatives Grand View Research has segmented the global biocide market on the basis of product, application and region: Biocides Product Outlook (Revenue, USD Million, 2012 - 2020)
www.grandviewresearch.com/press-release/global-biocides-market About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare. For More Information: www.grandviewresearch.com
0 Comments
Leave a Reply. |