Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
Metal biocides inhibit microbial activities and their effectiveness varies with duration and concentration of exposure. It is produced in powder and liquid form and finds application in various end use including food & beverage, wood preservation, agriculture, paints & coating, medical and textile application. Application potential in antimicrobial treated textiles mainly in healthcare application to inhibit spread of infections and diseases will have positive impact on industry growth. Moreover, growing research has led to development of more environment friendly products which will further escalate market growth.
Growth in modern construction has led to increase in use of wood and related products in construction and renovation activities which is likely to boost demand for treated wood products to reduce microbial contamination, thus driving demand for metallic biocides. Supporting regulatory norms regrading biocides use for ground contact treated woods which require high performance of preservation will further drive product demand. Increase in concerns over paint and coatings quality deterioration due to microbial activities has led to growing demand for biocides, mainly in marine environment where which are highly susceptible to microbial contamination will escalate industry growth.
The report analyses the global Metal Biocides market based on type, end user and geography
Various product studied are segmented into silver, copper & alloys, zinc. Silver dominates the metallic biocidal market owing to bactericidal, fungicidal and algicidal properties which helps to kill harmful bacteria which are present in water or milk. Silver biocides are used in wide range of products including fibres, washing machines, dyes, paints water treatment, disinfectant, cleaning agent and medical applications, thus accelerating industry growth in coming years.
Furthermore, the major end users considered in the study are medical, paints & coating, textile, wood preservation, pesticides, food & beverage. Medical application may witness robust growth in next few years owing to high demand for silver and copper biocides to fight against infections arising in implants along with several other uses such as device coatings, wound dressing, medical textiles and sterilization which will further promote industry growth.
The global market is studied for the key regions such as, North America, Europe, Asia Pacific and Rest of the World. North America dominated metal biocides market and is likely to observe significant gains over the forecast timeframe. Expanding medical and food & beverage industry supported by rapid increase in use of metallic biocides in these industries will positively favour industry growth. Presence of major players engaged in intense competition to develop innovative products will further boost market growth.
The key industry participants in the metal biocides market share are BASF SE, Clariant AG, The DOW Chemical Company, Lonza Group Ltd, Troy Corporation, Milliken Chemical Company, Sanitized AG Steritouch Ltd., Noble Biomaterials Inc., Renaissance Chemicals Ltd. Major players in the competitive landscape are engaged in strategic partnerships, acquisition and collaboration.
The report analyses the global Metal Biocides market based on type, end user and geography. Various product studied are segmented into silver, copper & alloys, zinc. Furthermore, the major end users considered in the study are medical, paints & coating, textile, wood preservation, pesticides, food & beverage.
The global market is studied for the key regions such as, North America, Europe, Asia Pacific and Rest of the World. North America comprises of U.S., Canada and Mexico. Whereas, Europe covers UK, France, Germany, Italy, Spain and Rest of Europe. The key countries included under Asia Pacific are China, India, Japan and Rest of Asia Pacific. The Rest of the world include Latin America and Middle East & Africa.
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