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North America Biocides Market is Expected to Reach 890.3 KT in 2016 - New Report by MicroMarket Monitor
Date:7/29/2014

(PRWEB) July 29, 2014

Biocides are chemical substances, which are able to kill unwanted organisms and control bacteria or fungi growth and to prevent degradation of the physical and sensorial properties of polymers, within the material and its surface. It is used in various applications such as water treatment, personal care, wood preservation, food and beverage, paints and coatings. It is also used in domestic applications such as disinfectants and sanitizers, as well as in industrial applications to prevent fouling in water and oil pipelines.

The major types of biocide include halogen compounds, metallic compounds, organosulfurs, organic acids, and phenolic. Halogen compounds and metallic compounds together accounted for 53% of share in the global biocide market. The global market for biocide was 1,667.4 kilo tons (KT) in 2010, and is estimated to reach 2,014.2 KT by 2016.

The Asia-Pacific region is expected to register the fastest growth among the major regions, due to the economic growth in China and India.
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Recently, the biocide market in North America has witnessed change in the product mix on account of the industry shifting to environmentally-friendly non-toxic formulations. Moreover, the industry is expected to grow in the future, and the gains will be driven by the increasing demand from pulp & paper manufacturing and plastics production, and also due to the growing awareness for protection against growth of bacteria and pathogens in food. <
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