Grand View Research.com has announced the addition of “Biocides Market Analysis and Segment Forecasts To 2020” Market Research report to their Database.
The global market for biocides is expected to reach USD 10,745.7 million by 2020, according to a new study by Grand View Research, Inc. Growing population coupled with growing concerns for industrial waste water treatment is expected to drive biocide demand over the next six years. In addition, positive outlook on key application markets such as textiles, paints and coatings, primarily in Asia Pacific, Latin America and Eastern Europe, is also expected to boost the demand for biocides over the forecast period.
Browse full research report on Global Biocides Market: http://www.grandviewresearch.com/industry-analysis/biocides-industry
Halogen compounds dominated the biocide product space, accounting for over 27% of global market revenue in 2013. However, environmental concerns, regarding the disposal and impact of halogen-based compounds are expected to reduce market penetration for these products by 2020. Phenolic biocides are expected to be the fastest growing product segment, at an estimated CAGR of 6.9% from 2014 to 2020.
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Further Key findings from the study suggest:
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/disinfectants-and-preservatives
For the purpose of this study, Grand View Research has segmented the global biocide market on the basis of product, application and region: