Allied Market Research: Biocides Market Rise in demand for clean water for domestic/industrial purposes by 2027

According to the report published by Allied Market Research, the global biocides market generated $12.7 billion in 2019, and is estimated to reach $20.7 billion by 2027, registering a CAGR of 6.8% from 2020 to 2027. The report offers an extensive analysis of the changing market dynamics, key winning strategies, business performance, major segments, and competitive scenario.

Rise in demand for clean water for domestic/industrial purposes and surge in end users drive the growth of the global biocides market. However, environmental regulations on toxic biocides and variation in the prices of raw materials hinder the market growth. On the other hand, market opportunity for silver-based biocides and development of total organic biocide system create new opportunities in the coming years.

Request Report Sample at: https://www.alliedmarketresearch.com/request-sample/1870

Covid-19 scenario:

The raw material shortages for disinfectants have urged the suppliers to contemplate using other biocidal ingredients. However, the process and utilization of biocidal products differ region to region.

In Slovenia, the Slovene Chemical Office initiated to issue permit to produce disinfectants with certain biocidal products.

In Belgium, on the other hand, the competent authorities have initiated to progress with biocidal products followed by the grant of temporary authorizations.

Get Detailed COVID-19 Impact Analysis on the Biocides Market: https://www.alliedmarketresearch.com/request-for-customization/1870?reqfor=covid

Based on type, the halogen based derivatives segment contributed to around two-fifth of the market in 2019, and is estimated to maintain its dominant position during the forecast period. On the other hand, the organic acid segment is expected to register the highest CAGR of 7.2% from 2020 to 2027.

Based on end user, the agriculture and construction segments together accounted for around one-fifth of the total market in 2019, and is expected to maintain the dominant position throughout the forecast period. However, the personal care, home care and pharmaceutical segments are expected to register the highest CAGR of 7.4% from 2020 to 2027.

For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/1870

Based on region, Asia Pacific contributed to around two-fifths of the total market share in 2019, and will maintain its dominance throughout the forecast period. Furthermore, the region is also anticipated to manifest the fastest CAGR of 7.4% from 2020 to 2027. The report also analyzes regions including Europe, North America, and LAMEA.

Leading market players analyzed in the research include Berkshire Hathaway, BASF SE, DuPont, Kerry, Solvay SA, Lonza Group AG, Lanxess AG, Thor Group Limited, Clariant AG, Corbion N.V., Kemin Industries, Inc., and Nouryon.

Interested in Procuring this Report? visit: https://www.alliedmarketresearch.com/biocides-market/purchase-options

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa

5933 NE Win Sivers Drive

#205, Portland, OR 97220

United States

Toll Free: 1-800-792-5285

UK: +44-845-528-1300

Hong Kong: +852-301-84916

India (Pune): +91-20-66346060S

Fax: +1-855-550-5975

help@alliedmarketresearch.com

Web: https://www.alliedmarketresearch.com