At 5% CAGR, Baby Diapers Market Size Poised to Touch USD 13 billion by 2024

Phenolic based Biocides Market may witness growth of over 7% by the end of projected period. They are used to preserve aqueous based metalworking fluids in metalworking industry as they have a broad spectrum of activity against both fungi and bacteria. Increase in demand from food packaging, healthcare industries will propel market demand.

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Halogen compounds based biocides market may exceed USD 3.3 billion by 2024. They comprise of fluorine, chlorine, iodine, bromine and astatine. They are effective microbial development control agents and pose less occurrence of resistance. Positive indicators towards drinking water, cooling water systems and surfaces disinfection owing to cost-effective properties over its counterparts will drive biocides market growth.

Food and beverage applications may surpass USD 2.2 billion by 2024. Biocides control the growth and proliferation of microorganisms to enhance hygiene and safety in food & beverage industries. Growth in food processing industries along with favorable regulations regarding the usage of product in order to limit the spread of diseases through food industry will stimulate industry growth.

Personal care applications may exceed USD 1.8 billion by 2024. Biocides are used as preservative in personal care and cosmetics industry as they inhibit the microbiological growth in easily perishable products resulting into enhanced product shelf life and consumer safety.

Biocides market from oil & gas applications may surpass USD 1 billion by 2024. Oil & gas wells and storage zones have certain microorganisms like bacteria that produce hydrogen sulfide which can be explosive and combustible. Strong indicators towards minimizing functional fluids deterioration, corrosion control and growth in oil & gas production rates will boost product demand.

Europe, led by UK, France, Poland, Italy and Germany biocides market may register growth at over 4.5% by the end of foreseeable timeframe. Growth in pharmaceutical, healthcare and food processing industries along with increase in construction spending in residential sector owing to massive movement of migrants to western countries such as the Netherlands and Germany may stimulate regional industry growth.

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Table Of Content For This Research Report:

Chapter 4      Biocides Market, By Product

4.1   Biocides market share by product, 2016 & 2024

4.2   Halogen compounds

4.2.1   Market estimates & forecasts, 2013-2024, (USD Million)

4.2.2   Market estimates & forecasts, by region, 2013-2024, (USD Million)

4.3   Metallic compounds

4.3.1   Market estimates & forecasts, 2013-2024, (USD Million)

4.3.2   Market estimates & forecasts, by region, 2013-2024, (USD Million)

4.4   Organosulfurs

4.4.1   Market estimates & forecasts, 2013-2024, (USD Million)

4.4.2   Market estimates & forecasts, by region, 2013-2024, (USD Million)

4.5   Organic acids

4.5.1   Market estimates & forecasts, 2013-2024, (USD Million)

4.5.2   Market estimates & forecasts, by region, 2013-2024, (USD Million)

4.6   Phenolics

4.6.1   Market estimates & forecasts, 2013-2024, (USD Million)

4.6.2   Market estimates & forecasts, by region, 2013-2024, (USD Million)

4.7   Nitrogen

4.7.1   Market estimates & forecasts, 2013-2024, (USD Million)

4.7.2   Market estimates & forecasts, by region, 2013-2024, (USD Million)

4.8   Other

4.8.1   Market estimates & forecasts, 2013-2024, (USD Million)

4.8.2   Market estimates & forecasts, by region, 2013-2024, (USD Million)

Asia Pacific, driven by India and China biocides market is poised to exceed USD 4 billion by 2024. Increase in meat and poultry products consumption along with growing industrial and commercial waste water treatment systems may drive product demand.

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Global biocides market share is concentrated with prominent players including Ashland, Dow Chemicals, BASF, Arch Chemicals, Thor Specialties, LANXESS, Troy Corporation, Albemarle, Akzo Nobel, and Nalco Champion.

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