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North America Biocides Market is Expected to Reach 890.3 KT in 2016 - New Report by MicroMarket Monitor

(PRWEB) August 03, 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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In terms of volume, the North American market for biocide was 742.8 KT in 2010 and is estimated to reach 890.3 KT by 2016. The U.S. holds the largest share in the market for biocides in the North American region. The increasing health awareness and the financial stimulus provided to the construction and automotive industries by the United States government, has also aided the growth of the biocide market.
Browse through the market data tables, figures and detailed ToC on the “North America Biocides Market.”

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Europe Biocides Market
The European biocide market is smaller than North America and Asia-Pacific markets, both in terms of value and volume, on account of their high policy and regulations such as REACH. The European Union’s Biocidal Products Directive (BPD) became effective in the year 2000, and the directive makes it mandatory for suppliers to get an authorization for their products under the Biocidal Products Regulations (BPR) or the inclusion of an active substance under the Biocidal Products Directive (BPD). The European market for biocide was 111.2 KT in 2010 and is estimated to reach 139.8 kilo tons by 2016. Germany held the second largest share of 17.2% of the European biocide market in 2010. The Western Europe biocides market is larger than the Eastern European due to higher demand for biocide in industrial applications such as paints and coating, plastic, resins, metalworking fluids, and adhesives and sealants. In Europe, biocides are used in various applications such as wood preservation, personal care, disinfectants & sanitizers, paints & coatings, healthcare, and paper.

Asia-Pacific Biocides Market
In spite of the absence of any government or industry organization to regulate the usage of biocides in Asia-Pacific, conventional biocide products are being replaced by new products which are safer, more environmentally-friendly, and less expensive. The increasing demand from paints & coatings and metalworking fluid manufacturers is driving the biocide market in China. The Asia-Pacific market for biocide was 735.4 KT in 2010 and is estimated to reach 886.3 KT by 2016. The biocides are used in various applications such as water treatment, food, wood preservatives, paints & coatings, disinfectants, and personal care. The major players of the biocide market in Asia-Pacific include Camson Bio Technologies Limited (India), Kurita Water Industries Ltd. (Japan), and Thermax Ltd. (India).

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