San Francisco, California, November 02, 2018: A recent market research report by TMR Research presents a thorough analytical account of the global market for metal biocides. The report, titled “Metal Biocides Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025,” states that the market has benefitted massively from the rising global demand for treated, clean water for domestic use as well as for use in the agriculture industry. The market has also significantly benefitted from the rising population and the resultant shortage in water owing to the destruction of several fresh water sources due to unwarranted construction, high levels of water pollution, and deforestation.
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The market is also expected to benefit from the steady expansion of the key end-use industries of metal biocides such as paints and coatings, water treatment, and medicine. Based on type, the market has been segmented into zinc, silver, copper, and alloys. Of these, the market silver-based metal biocide segment is presently the leading contributor of revenue to the overall market and is likely to continue to hold a major share in the overall market.
Based on geography, the market has been examined for regions such as Europe, North America, Asia Pacific, and Rest of the World. Of these, the market for metal biocides in North America accounts for the dominant share in the overall market, thanks to the presence of some of the leading companies in the region. The high demand across the thriving food and beverages industry in the region is also contributing to the promising expansion of the regional market.
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Some of the leading companies operating in the global metal biocides market are Milliken Chemical Company, Lonza Group Ltd, The Dow Chemical Company, Clariant AG, BASF SE, Troy Corporation, Noble Biomaterials Inc., SteriTouch Ltd, SANITIZED AG, and Renaissance Chemicals Ltd.