Europe Metal Biocides market witnessed a healthy growth in the historical years and is expected to follow a similar trajectory with a CAGR of around 4.91% during the forecast period. Substantial increase in the disposable income of consumers coupled with stable lending rate is contributing towards the rapid growth of automotive and construction industry thus lending a direct impact on the demand for metal biocides required for durability and corrosion resistance in various materials. In addition, the increasing usage of metal biocides in appliances and pharmaceuticals is also contributing well to propel its demand in Europe Metal Biocides market.
Biocides are group of Chemicals which are subjected to several stringent regulations due to the danger they pose to human health and environment. EU has a complex legal framework where each biocidal product undergoes this process. Due to stringent regulation against biocide, market share of small players is gradually reducing in Europe Biocide Market, as these players are already struggling with consistent increment in raw material cost and contracting margins. Also, due to stringent regulations, there has been a switch towards Formaldehyde free products which is expected to emerge as a potential segment that could largely contribute towards the overall growth of Europe Metal Biocides market in the coming years.
Country Wise, Metal Biocides in Germany has very high potential for growth as its government is taking various initiatives for the development of transportation and logistics sector in the country, thereby, supporting the growth of Metal biocide from Automotive sector. Owing to its rapidly expanding industrial sector and continuous initiatives being taken for material advancements, Poland is anticipated to witness the fastest growth in Europe Metal Biocides market for the forecasted period.
The major players operating in the Europe Metal Biocide market are Sanitized AG, Clariant AG, BASF SE, Lonza Group Ltd., Dupont De Nemours, Inc, Troy Corporation, Vink Chemicals Gmbh & Co. KG, Fine Organics, Industries Ltd., Thor Group Ltd., Lanxess AG.
Years considered for this report:
Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022–2026
Objective of the Study:
•To assess the demand-supply scenario of Metal Biocides which covers production, demand and supply of Metal Biocides market globally.
•To analyze and forecast the market size of Metal Biocides.
•To classify and forecast global Metal Biocides market based on fiber, technology, end-use and regional distribution.
•To identify drivers and challenges for global Metal Biocides market.
•To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global Metal Biocides market.
•To identify and analyze the profile of leading players involved in the manufacturing of Metal Biocides.
To extract data for Europe Metal Biocide market, primary research surveys were conducted with Metal Biocides manufacturers, suppliers, distributors, wholesalers and end users. While interviewing, the respondents were also inquired about their competitors. Through this technique, Chemanalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, Chemanalyst analyzed various end user segments and projected a positive outlook for Global Metal Biocides market over the coming years.
Chemanalyst calculated Metal Biocides demand globally by analyzing the historical data and demand forecast which was carried out considering imported styrene prices, a monomer used for production of Metal Biocides. Chemanalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by Chemanalyst.
Key Target Audience:
•Metal Biocide manufacturers and other stakeholders
•Organizations, forums and alliances related to Metal Biocide distribution
•Government bodies such as regulating authorities and policy makers
•Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Metal Biocides manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
In this report, global Metal Biocides market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Market, by Product Type
Amine Free and Formaldehyde based, Formaldehyde Free and Amine based, Formaldehyde Free and Amine Free, Amine based and Others
Market, by End Use
Medical, Textile, Wood Preservation, Paints & Coatings, Printing Inks, Pesticides and Others
Market by Country
Germany, France, United Kingdom, Italy, Poland, Russia
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