San Francisco, California, July 12, 2017: TMR Research presents an assessment of the historical developments in the global metal biocides and their comparison with present-day market situation in its research report. The publication, titled “Metal Biocides Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025,” provides a detailed understanding of the strengths, weaknesses, opportunities, and threats present in the global market. The global metal biocides market is likely to gain significant momentum in the coming years due to their widening scope of application. Today, biocides are extensively used in production of preservatives, pest control, disinfectants, general biocidal, and other biocidal products.
The demand for metal biocides is expected to rise in the coming years as there is growing awareness amongst industries to treat the water that is let out into water bodies. As the realization about safeguarding the environment, water bodies, and flora and fauna strengthens amongst various industries it is likely to up the sale of metal biocides. In the coming years, this demand will be backed by the increasing need for clean water, which can only be derived by treating water. Today ample of clean water is required in the industrial sector, energy sector, and agricultural sector. Rapid urbanization, increasing manufacturing activities, and worsening water scarcity situation are also expected to have a positive impact on the demand for metal biocides. The usage of metal biocides in paints and coatings, medical products, wood preservation, and food and beverages industry is also estimated to fuel the growth of the global market in the coming years.
In terms of region, the global metal biocides market is segmented into Europe, Asia Pacific, North America, and Rest of the World. Of these, the North America metal biocides market is expected to lead the pack due to strong presence of several industries. The growing uptake of metal biocides in the food and beverages industry of North America is also expected to keep this regional market at the forefront. Asia Pacific is also slated to a keen interest in the flourishing metal biocides market as the demand for the same likely to rise with emerging economies.
Some of the key players mentioned in the research report are Milliken Chemical Company, BASF SE, The Dow Chemical Company, Lonza Group Ltd, Noble Biomaterials Inc., SteriTouch Ltd, Clariant AG, SANITIZED AG, Renaissance Chemicals Ltd, and Troy Corporation. The research report offers an insightful take on the competitive landscape present in the global market along with an assessment of the research and development strategies of these companies. Additionally, the publication also evaluates the financial overview, business and marketing strategies, and expansion plans for the coming few years.