BIOCIDES MARKET TO REACH USD 14.4 BILLION BY 2027 | CAGR 4.5% — FORENCIS RESEARCH

  • According to the new market research report “Biocides Market by Type (Halogen Compounds, Metallic Compounds, Organosulfur Compounds, Organic Acids, Phenolic Biocides), by Application (Food & Beverages, Water Treatment, Construction, Agriculture, Pharmaceutical, Personal Care, Paints & Coatings), by Region (North America, Asia Pacific, Europe, Middle East & Africa, South America) — Global Forecast (2020 to 2027)”, the global Biocides market is estimated to reach USD 14.4 Billion by 2027 at a CAGR of around 4.5% during the review period.
  • Biocidal products are active substances or compositions intended to destroy, deter, render harmless, or exert a controlling effect on any harmful organism by chemical or biological means
  • Based on their properties, biocidal products can act as disinfectants, preservatives, or pesticides in various end-use applications
  • The usage of biocidal products is, therefore, regulated under the directive 98/8/EC of the European Union (EU), also known as the Biocidal Products Directive, wherein these products are categorized into 22 types based on their application.
  • Biocide chemicals are widely used in cooling towers, spas and swimming pools, sewage treatment, and industrial wastewater treatment, thus the increasing demand from water treatment application is expected to propel the global biocides market during the forecasted period.
  • Moreover, increasing demand for high performance sanitizing and cleansing solutions in food & beverage is also a key factor that driving the global biocides market
  • However, the stringent regulatory framework for biocidal products and the resultant additional costs concerning their manufacturing and registration is likely to hamper the global biocides market
  • North America
  • Asia-Pacific
  • BASF SE:
  • Akzo Nobel N.V.:

--

--

--

Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approach

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Can nuclear energy save our environment?

Top 6 Things to Know About NEW Whitest Paint Ever | Global Warming

🇬🇧 Meet a CCI Senior Conservation Scientist: Jean Tétreault

4 Ways to Use Green Technology – Help the Environment

4 Ways to Use Green Technology – Help the Environment

Electric VS Gas vehicle effects on the Environment.

What Have We Done To Our Planet

SKOOT celebrating International Day of Forests 21st March

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
DataBridge Market Research

DataBridge Market Research

Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approach

More from Medium

【Post-pandemic Era】10 New Trends in the Retail Industry

The 3 mistakes I made aspiring email marketers should know before working with e-commerce clients

Social Media Influencers Promote Unrealistic Expectations

Cartoon representation of the influence of one influencer

How To Create A Personal Knowledge Management System To Make You More Valuable In The Marketplace