#Metal Biocides Market News

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Antimicrobial Coatings Market Key Companies, Trends, Growth and Forecast Report 2024 - 2030

The global antimicrobial coatings market size is anticipated to reach USD 28.40 billion by 2030 and it is projected to grow at a CAGR of 13.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing concern among consumers and various manufacturers about cleaning and prevention against the growing bacteria, mold, and fungi is expected to drive the overall market expansion. The demand is expected to increase majorly in the medical devices and packaging application industry owing to the rise in demand to tackle the COVID-19 situation around the world.

The continuously rising demand for the medical devices and packaging products used for COVID-19 will positively impact the market growth. North America is expected to dominate the global market, in terms of product demand as the region has major healthcare product manufacturers. Silver-based biocides are widely used in medical-grade applications owing to their excellent antimicrobial properties. Recently, a new U.S.-based, othiazolin-based biocide, n-butyl-1, 2-benzisothiazolin-3-one, is also used as an antimicrobial agent to prevent the spread of the germs. Moreover, the rising demand for implantable medical devices and the increasing burden of Cardiovascular Diseases (CVDs) is expected to aid the overall market demand during the next eight years.

Gather more insights about the market drivers, restrains and growth of the Antimicrobial Coatings Market

Detailed Segmentation:

Product Insights

Surface modifications and coatings product segment dominated the market with a revenue share of 53.6% in 2023. This high share is attributed to its ability to modify the surface of a material by bringing physical, chemical, or biological characteristics different from the ones originally found on the surface of a material. This modification is usually made to solid materials, but it is possible to find examples of the modification to the surface of specific liquids.

Application Insights

Medical devices application segment dominated the market with a revenue share of 39.6% in 2023. Its high share is attributable to the rising demand for antimicrobial coatings in catheters, implantable, and surgical instruments, as they are biocompatible, non-toxic, and biostable, which will promote industry development over the forecast period. The presence of key medical equipment players including GE Healthcare Technologies, Johnson & Johnson, Baxter International Inc., and Stryker Corp. is likely to boost the production of antimicrobial coated medical devices.

Regional Insights

North America region dominated the market with a revenue share of 44.7% in 2023. North America construction industry is expected to witness considerable growth owing to increasing demand for non-residential construction projects, such as hospitals, schools, and colleges, during the forecast period. The implementation of the “Affordable Healthcare Act” in the U.S. has triggered the construction of healthcare units and hospitals. The growing population is expected to further boost the construction of office spaces, industrial plants, schools, and colleges, thereby, driving the demand for antimicrobial coatings in construction applications.

Browse through Grand View Research's Paints, Coatings & Printing Inks Industry Research Reports.

• The global ceramic coating market size was valued at USD 11.16 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 8.1% from 2024 to 2030.

• The global metallic pigments market size was valued at USD 2.16 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2030. 

Key Companies & Market Share Insights

Companies in the global antimicrobial coatings market compete based on the product quality offered and the technology used for the production. Major players focus on infrastructural development and expansion of their manufacturing facilities. Companies also invest in R&D and seek opportunities to vertically integrate across the value chain. These initiatives help them cater to the increasing global demand, ensure competitive effectiveness, enhance their sales & operations planning, develop innovative products & technologies, bring down their production costs, and expand their customer base.

For, instance, in March 2023, AkzoNobel formed a strategic partnership with BioCote to extend the reach of their antimicrobial powder coatings under the “Interpon” brand. This collaboration enables the application of these coatings on a wide range of internal surfaces including ceiling tiles, window frames, metal doors, metal office partitions, and elevator doors. By expanding its product portfolio in this manner, AkzoNobel aims to meet the diverse needs of its customers and enhance its market presence in the anti-microbial coatings industry

Key Antimicrobial Coatings Companies:

• AkzoNobel N.V.

• AK Steel Corp.

• Lonza

• Diamond Vogel

• DuPont

• Axalta Coating Systems

• Nippon Paint Holdings Co., Ltd.

• PPG Industries, Inc.

• RPM International Inc.

• Koninklijke DSM N.V.

• Burke Industrial Coatings

• The Sherwin-Williams Company

• Troy Corporation

Antimicrobial Coatings Market Segmentation

Grand View Research has segmented the global antimicrobial coatings marketreport based on the product, application, and region:

Antimicrobial Coatings Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Antimicrobial Powder Coatings

o Silver

o Copper

o Others

• Surface Modifications & Coatings

o Silver

o Copper

o Others

Antimicrobial Coatings Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Sanitary Facilities And Kitchen

• Air Conditioning And Ventilation Systems

• Food Processing And Packaging

• Antimicrobial Textile

• Mold Remediation

• Construction

• Medical Devices

• Others

Antimicrobial Coatings Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• North America

o U.S.

• Europe

o Germany

o UK

o France

• Asia Pacific

o China

o India

• Central & South America

• Middle East & Africa

Order a free sample PDF of the Antimicrobial Coatings Market Intelligence Study, published by Grand View Research.

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Water Treatment Chemicals Market - Forecast(2024 - 2030)

Water Treatment Chemicals Market Overview

The Water Treatment Chemicals Market size is estimated to reach US$49.22 billion by 2030, after growing at a CAGR of 3.4% during the forecast period 2024-2030. Water treatment is the process of extraction of unwanted components and pollutants from the water using chemicals such as chlorine, chloramines, chlorine dioxide, biocides, coagulants, disinfectants and others. The Water Treatment Chemicals are increasingly used for applicability in boiler water chemicals, raw water treatment, water purification and others across major end-use industries, thereby acting as a driving factor in the Water Treatment Chemicals industry. In addition, surging water treatment projects and awareness for wastewater treatment and purification are propelling the growth scope for Water Treatment Chemicals. However, significant recovery is boosting the demand for Water Treatment Chemicals for a wide range of applicability and utilization in medical, electronics and other sectors. Thus, the Water Treatment Chemicals industry is anticipated to grow rapidly and contribute to the Water Treatment Chemicals Market size during the forecast period.

Key segments within the market include coagulants, flocculants, biocides, corrosion inhibitors, pH adjusters, and scale inhibitors. With increasing concerns about water scarcity, pollution, and stringent regulatory standards worldwide, the demand for water treatment chemicals is expected to witness steady growth. Emerging economies in Asia-Pacific, along with growing industrialization and urbanization, are driving significant market expansion, while technological advancements and innovations are shaping the industry landscape to meet evolving water treatment needs

Water Treatment Chemicals Market Report Coverage

The “Water Treatment Chemicals Market Report – Forecast (2024-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Water Treatment Chemicals Industry.

By Type: Coagulants & Flocculants, pH Adjusters & Softeners, Biocides, Scale Inhibitors & Dispersants, Corrosion Inhibitors, Disinfectants, Chelating Agents and Others.

By Application: Water Desalination, Raw Water Treatment, Cooling, Effluent Water Treatment, Boiler and Others.

By End-use Industry: Pulp and Paper, Municipal Water & Wastewater, Oil & Gas (Onshore and Offshore), Chemicals, Food & Beverages (Juices, Whiskey and Others), Power Generation (Thermal, Hydro and Others), Metal & Mining and Others.

By Geography: North America (the USA, Canada and Mexico), Europe (the UK, Germany, France, Italy, Netherlands, Spain, Belgium and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia and the Rest of APAC), South America (Brazil, Argentina, Colombia, Chile and the Rest of South America) and the Rest of the World [the Middle East (Saudi Arabia, the UAE, Israel and the Rest of the Middle East) and Africa (South Africa, Nigeria and the Rest of Africa)].

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Key Takeaways

• Asia-Pacific dominates the Water Treatment Chemicals Market, owing to growth factors such as the flourished base for water treatment projects, established base for chemicals, oil & gas and others and industrialization.

• The flourishing municipal water & wastewater sector across the world is propelling the demand for Water Treatment Chemicals for major utilization in desalination, raw water treatment, water purification, sewage pipeline network and others, thereby contributing to the Water Treatment Chemicals Market size.

• However, the emergence of alternative technologies such as reverse osmosis, UV disinfection and others pose a threat to Water Treatment Chemicals, thereby acting as a challenging factor in the Water Treatment Chemicals industry.

Water Treatment Chemicals Market Segment Analysis – by Type

The coagulants & flocculants segment held a significant share of the Water Treatment Chemicals Market in 2022 and is projected to grow at a CAGR of 3.4% during the forecast period 2024-2030. The coagulants and flocculants have a growing demand in water treatment over other types such as biocides, defoamers, disinfectants, algaecides and others, due to their wide utilization in water purification, solids dewatering, sludge thickening, solids removal and lime softening. In addition, the growing usage of coagulants for water and wastewater treatment applications, sewage systems, industrial water treatment and others is boosting its growth scope. Thus, the coagulant & flocculants type segment is anticipated to grow rapidly in the Water Treatment Chemicals Market during the forecast period.

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Water Treatment Chemicals Market Segment Analysis – by End-use Industry

The municipal water & wastewater segment held a significant share of the Water Treatment Chemicals Market in 2022 and is projected to grow at a CAGR of 4.5 % during the forecast period 2024-2030. The municipal segment dominated the market in 2023 and is likely to grow during the forecast period, owing to strict regulation leading to increased usage for proper wastewater disposal. Water Treatment Chemicals have growing applicability in the municipal water & wastewater sector for raw water treatment, water purification and others. The lucrative growth prospect in the municipal water & wastewater sector is influenced by factors such as rising awareness of wastewater recycling, sewage treatment and pipeline network, with the robust scope for water and wastewater treatment activities and projects, the utilization of Water Treatment Chemicals such as chlorine, chloramine, biocides and others for water purification, sewage treatment and others is rising. Therefore, the growth opportunities for Water Treatment Chemicals in the municipal water & wastewater industry are anticipated to rise during the forecast period.

Water Treatment Chemicals Market Segment Analysis – by Geography

Asia-Pacific held the largest share of up to 43.6% in the Water Treatment Chemicals Market in 2023. The high demand for Water Treatment Chemicals in this region is influenced by the surging awareness for municipal waste treatment, surging utilization of treated water in power generation and industrialization. The municipal water & wastewater industry is rapidly growing in APAC due to growth factors such as purification and treatment of groundwater and sewage pipeline networks. According to International Trade Administration, China plans to build or renovate 80,000 km of sewage collection pipeline networks and increase sewage treatment capacity by 20 million cubic meters per day between 2022 and 2025. With established regulations and growth scope for the municipal water treatment sector, the utilization of Water Treatment Chemicals for water purification, raw water treatment, sewage treatment and others in APAC is growing. This, in turn, is anticipated to boost its growth scope in the Asia-Pacific region over the forecast period.

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Water Treatment Chemicals Market Drivers

Bolstering Growth of the Power Generation Sector:

Water Treatment Chemicals have flourishing applications in the power generation sector for energy generation through hydro, thermal, nuclear and others. The power generation industry is rapidly growing due to factors such as emphasis on boosting the production of renewable energy sources and surging funding and development for energy and power generation. According to the International Energy Agency (IEA), the global renewable electricity capacity is projected to rise more than 63% from the 2022 levels to over 4800 GW by 2026. With the robust scope for the power generation sector, the utilization of water treatment chemicals in power plants such as hydro, thermal and others is increasing. This, in turn, is driving the Water Treatment Chemicals industry.

Flourishing Growth of the Oil & Gas Industry:

Water Treatment Chemicals such as chlorine dioxide coagulants, corrosion inhibitors, disinfectants and others have a wide range of applications in the oil & gas sector for water purification in petroleum refineries, steam generators and others. The oil & gas industry is rapidly growing due to growth factors such as flourished oil and gas sector, rising exploration and production activities and urbanization. According to the India Brand Equity Foundation (IBEF), the oil demand in India is expected to reach 11 million barrels per day by the year 2045. Thus, with the rapid growth scope of the oil & gas sector, the utilization of water treatment chemicals for water purification and treatment in petroleum refineries and onshore and offshore operations is rising exponentially. This drives the Water Treatment Chemicals industry.

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Water Treatment Chemicals Market Challenge:

Emerging Alternatives for Water Treatment Chemicals:

The emergence of water treatment technologies such as reverse osmosis (RO), ultrafiltration and UV disinfection act as a restraining growth factor in the Water Treatment Chemicals Market. The threat from advanced alternative technologies restricts the applicability of water treatment chemicals such as chlorine, chloramine, biocides, algaecides and others. In addition, the demand for sustainable technology for water treatment over conventional treatment chemicals is creating a major challenge. For instance, Environmental Protection Agency (EPA) regulates the usage of UV disinfection technology over chlorine-based biocides. This is one of the reasons the Water Treatment Chemicals Market faces a major growth slowdown.

Water treatment chemicals Industry Outlook

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Water Treatment Chemicals Market. The top 10 companies in the Water Treatment Chemicals Market are:

1. BASF SE

2. Ecolab Inc.

3. Solenis LLC

4. Akzo Nobel N.V.

5. Kemira OYJ

6. Kurita Water Industries Ltd.

7. Air Products & Chemicals

8. Nalco-Ecolab

9. BWA Water Additives

10. Ion Exchange and others.

Acquisitions/ Technology Launches:

• In 2022, Solenis acquired Clearon Corp to expand its product portfolio in water treatment chemicals. This move aimed to enhance offerings for both residential and commercial pool water and spa treatment.

• In the same year 2022, Baker Hughes, along with Dussur, Saudi Aramco, and SABIC, entered into an agreement. The collaboration focused on supplying oilfield and industrial chemicals in the Saudi Arabia region.

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Coating Additives Market Industry Analysis| 2031

The Insight Partners introduces its new market research as “Coating Additives Market Industry Analysis| 2031”. The company specializes in syndicated market research and consultation services. Through this research company is offering both qualitative and quantitative data assisting Coating Additives market investors.

Key Chapters Under This Research

Current Market Scenario and Estimates to 2031

Market Drivers, Opportunities, and Trends

Market Competition Analysis

This chapter offers insights on established and new entrant Coating Additives market players. Understanding competition helps companies understand their position in the market. Through this chapter, the report offers insights on threats and opportunities ahead of Coating Additives market players. Comparing pricing strategies and organic growth strategies used by key market participants provides opportunities for growth in the Coating Additives market.

Report Attributes

Details

Segmental Coverage

Type

Acrylic

Metallic

Fluoropolymer

Urethane

Others

Formulation

Water-Borne

Solvent-Borne

Powder-Based

Function

Anti-Foaming

Wetting and Dispersion

Biocides

Rheology Modification

Others

Application

Automotive

Architectural

Industrial

Wood and Furniture

Others

Regional and Country Coverage

North America (US, Canada, Mexico)

Europe (UK, Germany, France, Russia, Italy, Rest of Europe)

Asia Pacific (China, India, Japan, Australia, Rest of APAC)

South / South & Central America (Brazil, Argentina, Rest of South/South & Central America)

Middle East & Africa (South Africa, Saudi Arabia, UAE, Rest of MEA)

Market Leaders and Key Company Profiles

AkzoNobelN.V.

ArkemaGroup

AshlandInc.

BASFSE

BYK-ChemieGmbH

EastmanChemicalCompany

Elementisplc

EvonikIndustriesAG

MomentivePerformanceMaterialsInc.

TheDowChemicalCompany

Other key companies 

Research Methodology

This Coating Additives market report includes findings based on scrutiny of different factors impacting on business environment. Both primary and secondary methods of research are used to generate insights. Details on Coating Additives market share, key players, micro-financial pointers, and other demographic factors.

Key market players are analyzed for their market share and overall growth in the industry. Based on forecast duration, these key market players are evaluated for their incomes. This market research brings local, regional, and national level information on the market

Go-To-Market Framework:

Development trends, competitive landscape analysis, supply-side analysis, demand-side analysis, year-on-year growth, competitive benchmarking, vendor identification, CMI quadrant, and other significant analysis, as well as development status.

Customized regional/country reports as per request and country-level analysis.

Potential & niche segments and regions exhibiting promising Coating Additives market growth are covered.

Analysis of Coating Additives Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape, and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Key Benefits for Buyers

Strategic Insights to increase per-customer revenue and overall consumer experience.

Assistance and strategic roadmap to device marketing tactics

Details-oriented approach, authorized information, and new optimal business solutions

Preferred target demographic, regions, and market channels

Customized Insights and Consultation services.

About Us:

The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Devices, Technology, Media and Telecommunications, Chemicals and Materials.

Contact Us: www.theinsightpartners.com

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Navigating the Growth: Trends and Opportunities in the Marine Coatings Market

Marine Coatings: Choosing the Right Protective Coating for Ships and Vessels They play a crucial role in protecting ships, vessels, offshore rigs and other marine structures from corrosion caused by sea water. Being continuously exposed to corrosive salt water and other harsh environmental conditions at sea can quickly damage unprotected steel and other metals. Proper coatings provide a protective barrier and prevent damage from occurring. They help extend the lifetime of ships and offshore infrastructure significantly by preventing corrosion. Types of Coatings There are different types of coatings used depending on the type and location of the structure as well as prevailing environmental conditions. Some of the main types are: Anti-fouling Coatings - Used on the underwater hull portion of vessels, these coatings prevent organisms like algae, barnacles and mollusks from attaching themselves. Modern anti-fouling coatings are typically based on biocides that are slowly released to deter aquatic organisms. Special low friction, foul release coatings are also available. Preservation/Holding Primers - Apply directly to new steel prior to longer term exposure. They provide temporary corrosion protection until full coatings can be applied. Commonly epoxy or zinc silicate based. Epoxy Coatings - Durable, chemical and abrasion resistant with excellent adhesion. Used above waterline, void spaces, cargo holds and decks. Variants include high build epoxy, novolac epoxy and others. Two-component, solvent free epoxies are most common. Polyurethane Coatings - Very tough with good gloss and color retention. Used as high performance finish coats in places like decks where abrasion resistance is important. Optional non-skid versions available. Inorganic Zinc Silicate Coatings - High performance coating preferred for critical areas like offshore rigs. Excellent barrier protection with good tolerance for harsh environments and temperatures. Applied by brush or spray. Other specialty coatings like moisture curing polymers, chlorinated rubbers and vinyls are available for specific applications. Proper surface preparation and multiple coats are needed for best performance. Selecting the Right Coating System There are several factors to consider when selecting marine coatings: Location on Vessel - Different areas like hull, deck or void spaces require specific coating attributes and certifications. Regulatory and classification society approvals needed in some cases. Environmental Conditions - Salinity, wave energy levels, humidity and temperature variations influence coating choice and application method. Harsher areas need toughest coatings. Surface Type - Steel, aluminum alloys and other metals require certain compatible coatings. Surface preparation method depends on material. Coating Performance Attributes - Required properties like corrosion protection capabilities, abrasion/impact resistance, non-skid characteristics, ease of application and maintenance guide selection. Budget - Cost of materials and application needs to align with budget while still providing necessary protection. Labor intensive high performance coatings may have higher initial costs. Compliance with Regulations - All coatings used in marine environment must comply with environmental legislation restricting VOC content and preventing pollution during application and needed recoating or repairs in future. Careful evaluation of coating product data sheets and manufacturer expertise helps determine the right coating system for assigned job conditions and vessel’s service life requirements. Where critical, professional coating consultants can assist.

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Marine Coatings Market Growth Drivers: Demand and Market Expansion

Marine Coatings Market: Protecting Ships from Corrosion in Harsh Marine Environments Introduction to Marine Coatings Marine coatings, also known as marine paints, are specialized paints and coatings used for surfaces submerged in sea water or exposed to marine environments. They protect the hulls and other exterior parts of ships, offshore oil rigs, yachts and other marine vessels from corrosion caused by salt water, abrasion from ocean waves and biological fouling from aquatic organisms. Different types of marine coatings are used depending on the specific application and environmental conditions. In this article we’ll explore the marine coatings market outlook. Epoxy Coatings for Anti-Corrosion Protection Epoxy coatings are some of the most popular and widely used marine coatings today due to their excellent barrier protection against corrosion. They form a tough, chemical-resistant film once cured that strongly adheres to metal surfaces and acts as an effective barrier to moisture and oxygen permeation. This prevents corrosion even under prolonged immersion in seawater. Fouling Release Coatings to Reduce Drag Fouling release coatings are specifically designed to prevent calcareous marine organisms like barnacles and tube worms from attaching to ship hulls. By reducing drag-inducing biofouling buildup, these coatings can significantly reduce fuel costs and emissions for shipping and cruise companies. They work by creating very slippery surfaces that prevent initial attachment of fouling organisms yet facilitate easy release of any organisms that do manage to attach. Anti-Corrosive Paints for Decks and Superstructures Specialized anti-corrosive paints are needed to protect the exterior metal surfaces above waterline like ship decks and superstructures. These are subjected to weathering from sun, rain, thermal changes and occasional water splashes. Offshore oil rig structural steel also require similar protection in harsh conditions like sea spray and weather exposure. Anodes for Cathodic Protection on Ship Hulls Galvanic or sacrificial anodes are another important part of marine anti-corrosion systems. They work by cathodic protection where the anode metal corrodes preferentially instead of the ship's hull. Common anode metals used include aluminum, zinc and magnesium. These are fastened to the ship's hull and act as a galvanic cell to divert corrosion from the steel onto themselves through an electrochemical reaction. New Biocidal Coatings to Prevent Marine Fouling Environmentally-compliant self-polishing copolymer (SPC) antifouling coatings were introduced in 2008 to replace tributyltin-based paints banned for releasing toxic organotins into the marine environment. SPCs are swellable pigment-filled paints that employ controlled release of biocides like copper and zinc to prevent fouling settlement without polluting surrounding waters. Application and Maintenance of Marine Coatings Special surface preparation involving grit blasting or power tool cleaning is needed for marine coatings to strongly bind to substrates. Primers are often applied as an undercoat before topcoats. Proper application requires observing conditions such as temperature, humidity, wet film thickness. Multiple coats may be needed with intermediate drying for some coatings. In summary, marine coatings protect ships and other maritime vessels from corrosion through barrier protection and sacrificial reactions, these features will provide positive impact to the growth of the marine coatings market. Choosing the right coating type according to application environment and conditions ensures durability and cost savings in the long run. Ongoing research also aims to develop more eco-friendly and foul-release based coating technologies for the shipping and offshore industries.

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Examining the Impact of Environmental Regulations on the Marine Coatings Market

The Marine Coatings Market is estimated for 2023 for the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:

Marine coatings are protective paint coatings applied to vessels and offshore structures engaged in shipping and maritime trade activities to prevent corrosion and fouling. These coatings extend the lifespan of vessels and offshore structures by providing a barrier between the substrate material and sea water.

Market Dynamics:

The marine coatings market is expected to witness significant growth over the forecast period owing to two key drivers. Firstly, the rise in global shipping and maritime trade activities has increased demand for new vessels and maintenance of existing fleet. Global maritime trade volumes have doubled in the last decade and are expected to further rise strongly by 2030. Secondly, strict environmental regulations regarding the use of antifouling coatings containing biocides have led to innovation in non-toxic and environmentally compliant coating technologies. Major coating manufacturers are investing in R&D to develop novel coating materials that meet regulatory standards while providing equal or better performance than conventional coatings.

Increasing Need for Corrosion Protection is a Major Driver for Marine Coatings Market

Corrosion is one of the major concerns in marine industry as it can severely impact vessel performance and structural integrity if not properly protected. Marine coatings plays a critical role in providing robust barrier against corrosion caused due to harsh marine environment consisting of seawater, humidity, UV radiation and other pollutants. The growing maritime trade activities worldwide has significantly increased vessel traffic which is constantly exposed to these corrosive conditions. In order to ensure long term protection and extend working life of marine vessels and offshore assets, regular application of high-performance marine coatings has become imperative. This growing emphasis on corrosion control through effective coating solutions is a major factor augmenting the demand for marine coatings globally.

Stringent Environmental Regulations Restraining Use of Hazardous Coating Materials

Growing environmental concerns regarding emission of toxic fumes from coating materials used in shipbuilding and maintenance works is a key factor inhibiting the marine coatings market growth. Regulatory bodies across regions have formulated stringent standards pertaining to VOC content and usage of hazardous substances in marine coatings. For instance, directives from IMO and EPA have imposed restrictions on APV, heavy metals and other toxic compounds in marine coatings. This is necessitating coating manufacturers to develop innovative, eco-friendly solutions compliant with international quality and environmental norms. However, transition to green materials requires substantial reformulations and investments which adds to production costs. Higher priced compliant coatings can affect the demand to some extent until the quality and benefits are clearly established to customers.

Adoption of Advanced Coatings for New Vessel Designs Presents Lucrative Opportunity

Evolution in ship design and construction applications demands advanced coating systems to protect complex structures and meet customized functional requirements. Growing construction of specialized vessels such as LNG carriers, drilling rigs, fishing trawlers and navy corvettes employing novel technologies provides significant opportunity for marine coatings producers. These newbuild programs require customized high-performance coatings offering improved thermal resistance, self-cleaning properties, anticorrosive protection beneath wet insulation as well as capabilities against hydrostatic pressure and mechanical impact. Additionally, demand is witnessing for intelligent coatings integrated with smart sensors for real-time monitoring of vessel structural health. Leading manufacturers are investing in R&D to develop futuristic, adaptive coating solutions catering to the emerging design and operational needs of specialized marine industry.

Increasing Use of Eco-friendly Waterborne Coatings Expected to Reshape Future Market Trends

Amid growing environmental regulations worldwide, waterborne coating technology presents major revolution in marine coatings sector as it provides an effective, sustainable alternative to traditional solvent-borne coating systems. Waterborne coatings emit lower VOCs, contain negligible styrene, reduce fire hazards and are relatively safer to apply. They offer equal or sometimes superior performance compared to solvent varieties and also help eliminate use & disposal of volatile organic solvents. Modern marine vessels are now increasingly specified with high-solid, 100% waterborne epoxy alternatives post contracting coating, maintenance and fabrication stages. Major coating producers are concentrating on new product innovations, higher solids and customized water-based offerings to tap into this fast growing segment. Gradual shift towards environment-friendly waterborne solutions marks a progressive trend that is likely to significantly influence future dynamics and composition of global marine coatings industry.

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Factors that Impact on the Antimicrobial Plastics Market in Upcoming Years!

The global Antimicrobial Plastics Market is projected to reach USD 66.7 billion by 2026, at a CAGR of 10.8% from USD 40.0 billion in 2021. Increasing demand from applications such as medical and healthcare, packaging, and consumer goods; and consumer awareness pertaining to the importance of antimicrobial plastics are the major factors attributed to the markets growth. However, volatility in raw material prices and government regulations on the usage of plastics in certain applications are hampering market growth. Additionally, the growth of the textile industry is expected to offer lucrative opportunities for the market players. Antimicrobial plastics are polymer materials infused with antimicrobial agents and additives, such as organic-metallic biocides and oxybisphenoxarsine (OBPA). They are mainly used to kill microorganisms, such as bacteria, algae, and fungi, and inhibit their growth in the end-use product.

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Browse 299 market data Tables and 47 Figures spread through 270 Pages and in-depth TOC on "Antimicrobial Plastics Market”

Antimicrobial plastics are polymer materials infused with antimicrobial agents and additives to kill microorganisms, such as bacteria, algae, and fungi, and inhibit their growth on the end-use products. The continuous and repeated use of plastic materials causes hygiene-related concerns, increasing the risk of contamination and pathogenic diseases. Commodity plastics, engineering plastics, and high-performance plastics are majorly used in applications such as medical & healthcare and packaging.

“Inorganic additives is projected to be the fastest-growing additive for antimicrobial plastics market between 2021 and 2026”

Antimicrobial additives are of two types: inorganic and organic. There is a higher demand for inorganic antimicrobial additives mainly due to their non-volatile nature, high thermal stability, and widespread applications. Inorganic antimicrobial additives are widely used in the healthcare, packaging, and construction industries. Silver is the most commonly used inorganic antimicrobial additive. It is non-toxic, environmentally friendly, sustainable, and has excellent safety.

“High-performance plastics segment is projected to be the fastest-growing type for antimicrobial plastics market between 2021 and 2026.”

The antimicrobial plastics market is segmented into three different types: commodity plastics (PE, PP, PVC, PS, PMMA, PET, and PUR), engineering plastics (ABS, PC, PA, POM, and others), and high-performance plastics. Each plastic has its unique properties that are considered for specific applications. After the outbreak of COVID-19 at the beginning of 2020, there was a surge in demand for antimicrobial plastics in different industries. High performance plastics differ from other plastics—commodity and engineering—primarily due to their temperature stability, chemical stability, and mechanical properties. This type of polymer is used in high-end products. It is used in premium cars for reducing the weight with the same strength as that of metal. Similarly, it is also used in medical equipment where mechanical properties, thermal stability, and other features along with antimicrobial protection are required.

https://www.prnewswire.com/news-releases/antimicrobial-plastics-market-worth-66-7-billion-by-2026--exclusive-report-by-marketsandmarkets-301493918.html

“Medical & Healthcare is projected to be the largest and fastest-growing application in antimicrobial plastics market between 2021 and 2026.”

The medical & healthcare segment is estimated to be the largest and fastest-growing application of the antimicrobial plastics market during the forecast period. The medical & healthcare segment leads the antimicrobial plastics market owing to the rising incidence of life-threatening diseases such as H1N1, nosocomial infections, COVID-19, and other health-related issues. Increasing consumer awareness about personal hygiene and the quality of medical equipment is expected to drive the market in the segment. In 2020, the most demanded industry was medical & healthcare owing worldwide outbreak of COVID-19. In some countries, temporary hospital setups were built in a short span of time to handle the high number of COVID-19 patients. Therefore, this scenario also generated a high demand for hospital beds, and other medical equipment made up of antimicrobial plastics.

“Asia Pacific is the largest market for the antimicrobial plastics during the forecast period”

Asia Pacific is the largest and fastest-growing antimicrobial plastics market. The growing applications of commodity plastics in the packaging, construction, automobile, medical, healthcare, and electronics industries are majorly driving the market. The growth of these end-use segments is largely driven by a thriving population, soaring per capita income, and changing lifestyle of consumers in the region. Flourishing construction activities, rising demand for textile and packaged food products due to the growing disposable income of the middle-class population, and increased purchasing power generating demand for household goods are expected to drive the demand for antimicrobial plastics in Asia Pacific.

The key market players profiled in the report include DuPont De Nemours Inc. (US), BASF SE (Germany), Microban International (US), Sanitized AG (Switzerland), BioCote Limited (UK), Avient Corporation (US), King Plastic Corporation (US), Milliken Chemical (US), and Parx Plastics N.V (Netherlands). They have adopted strategies such as and new product launch, acquisition, and collaboration in order to gain an advantage over their competitors

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[pureverwatertanks]

Why Is Stainless Steel A Better Option For A Water Tank?

There are many things to consider while choosing the water tank for your residence or business. The significant considerations are size, cost, and location. But before these all, considering the material of construction is imperative.

You can find water tanks made of different materials like stainless steel, plastic, PVC, concrete, and more in the market. In fact for very long time, plastic and PVC were the first choice for water tanks. But plastic is a highly reactive material. It gets affected by environmental factors and is known for causing chemical leaching into the water. Health-conscious users have thus rejected plastic and PVC as a suitable option for water tanks. Nevertheless, stainless steel water tanks remain the choice of many. Why?

Let's explore seven reasons why stainless steel is an excellent option for a water tank!

● Corrosion Shield: Stainless steel resists oxidation by water and biocides, which is an effective feature for business and residence. Also, there is no need for internal or external coating for stainless steel water tanks.

● Longevity and Durability: Stainless steel material remains ductile through different temperatures and pressures. It stays unaffected by exposure to dangerous radiation as it is heat resistant.

● Recyclable: There have been major advancements in stainless steel in the last few years.

It is environment friendly and safe metal alloy.

● Hygienic: Stainless steel water tank has high passive film stability that contributes to its water inertness. It causes no leakage and keep water potable than other water tank materials.

● Cost: Stainless steel water tanks require less repairs and have a longer lifecycle than other tanks.

● Mobility: Concrete water tanks are fixed in spot. But it is not the case with stainless steel water tanks. You can relocate it anywhere, saving the cost of buying new water tank every time you shift to new location.

● Aesthetic Value: Stainless Steel material makes water tank streamlined and are usable for a long.

These reasons have skyrocketed the popularity of stainless steel water tanks for residential and commercial purposes. Therefore, you should be wise in selecting the water storage tank so your investment is worth it.

India’s top manufacturer of stainless steel water tanks, Purever, is giving the extra benefit of getting a customised water tank as the size, shape, colour, and even as per the specific Vastu requirements you want. Purever is the name for best quality, stainless steel water tanks, that are totally corrosion-free, highly durable, have a longer life and are appreciated worldwide for ensuring safe and contamination-free water.

You can read more about the extensive range of Purever Stainless steel water tank.

[marketresearchanalysis]

Metal Biocides Market is Booming Market to Grow at Healthy CAGR forecast by 2027

Metal biocides market is estimated to grow at growth rate of 4.8% for the forecast period of 2020 to 2027. Market is driven by the increasing growth of end-use industries such as medical, paints and coatings and water treatment.

A biocide is a sort of chemical or microorganism that can stop, reduce harmless or exert a controlling impact on harmful organisms by organic means. They are mechanically critical and act as a oxidizing specialists in disinfectants and additives. They are ordinarily utilized as a part of forestry, anti-fouling agents. disinfectants, medicine, agriculture and others. Biocides can be either natural or synthetic.

Get Exclusive Sample Report: @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-metal-biocides-market

Key Market Competitors: Global Metal Biocides Market

The key players operating in the global metal biocides market are –

·         Akzo Nobel N.V.

·         BASF SE

·         Clariant

·         DowDuPont

The other players in the market are Evonik Industries AG, Croda International Plc, , Huntsman International LLC., Kao Corporation, Galaxy Surfactants Ltd, Solvay, Vinamax Organics Pvt., CHEMTEX SPECIALITY LTD, Enaspol a.s., Unger Fabrikker AS, AARTI INDUSTRIES LIMITED, Oxiteno, KLK OLEO., Pilot Chemical Corp., Procter & Gamble. Lankem and many more.

Segmentation: Global Metal Biocides Market

·         By Type (Silver, Copper & Alloys, Zinc)

·         By Application (Paints & Coatings, Medical, Textile, Pesticides (Agriculture), Wood Preservation, Foods & Beverages)

·         By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa)

Market Drivers:

·         Growing pharmaceutical and healthcare market due to increasing incidences of diseases.

·         Increasing demand from the different verticals such as paints and coatings and water treatment because of rapid industrialization and continuous infrastructure development

·         Rising demand in the Asia Pacific region due to its accumulative acceptance of water treatment procedures in countries such as Japan, China and India

Market Restraint:

·         Strict Environment regulations due to its excessive usage

Key Insights in the report:

·         Historical and current market size and projection up to 2025

·         Market trends impacting the growth of the metal biocides market

·         Analyze and forecast the metal biocides market on the basis of type and application

·         Trends of key regional and country-level markets for type and application

·         Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis.

Want Full Report? Enquire Here@ https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-metal-biocides-market    

About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge Market Research provides appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:

Data Bridge Market Research

US: +1 888 387 2818   

Related Reports:

Metal Forging Market

Medical Elastomers Market

[newsresearch]

Metal Biocides Market size Global Gathering and Future Outlook 2020 to 2027

Metal biocides market is estimated to grow at growth rate of 4.8% for the forecast period of 2020 to 2027. Market is driven by the increasing growth of end-use industries such as medical, paints and coatings and water treatment.

A biocide is a sort of chemical or microorganism that can stop, reduce harmless or exert a controlling impact on harmful organisms by organic means. They are mechanically critical and act as a oxidizing specialists in disinfectants and additives. They are ordinarily utilized as a part of forestry, anti-fouling agents. disinfectants, medicine, agriculture and others. Biocides can be either natural or synthetic.

Get Exclusive Sample Report: @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-metal-biocides-market

Key Market Competitors: Global Metal Biocides Market

The key players operating in the global metal biocides market are –

·         Akzo Nobel N.V.

·         BASF SE

·         Clariant

·         DowDuPont

The other players in the market are Evonik Industries AG, Croda International Plc, , Huntsman International LLC., Kao Corporation, Galaxy Surfactants Ltd, Solvay, Vinamax Organics Pvt., CHEMTEX SPECIALITY LTD, Enaspol a.s., Unger Fabrikker AS, AARTI INDUSTRIES LIMITED, Oxiteno, KLK OLEO., Pilot Chemical Corp., Procter & Gamble. Lankem and many more.

Segmentation: Global Metal Biocides Market

·         By Type (Silver, Copper & Alloys, Zinc)

·         By Application (Paints & Coatings, Medical, Textile, Pesticides (Agriculture), Wood Preservation, Foods & Beverages)

·         By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa)

Market Drivers:

·         Growing pharmaceutical and healthcare market due to increasing incidences of diseases.

·         Increasing demand from the different verticals such as paints and coatings and water treatment because of rapid industrialization and continuous infrastructure development

·         Rising demand in the Asia Pacific region due to its accumulative acceptance of water treatment procedures in countries such as Japan, China and India

Market Restraint:

·         Strict Environment regulations due to its excessive usage

Key Insights in the report:

·         Historical and current market size and projection up to 2025

·         Market trends impacting the growth of the metal biocides market

·         Analyze and forecast the metal biocides market on the basis of type and application

·         Trends of key regional and country-level markets for type and application

·         Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis.

Want Full Report? Enquire Here@ https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-metal-biocides-market    

About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge Market Research provides appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:

Data Bridge Market Research

US: +1 888 387 2818   

Related Reports:

Metal Forging Market

Medical Elastomers Market

[researchindustry]

Metal Biocides Market Strategic Insights and key Business Influencing Factors

Metal biocides market is estimated to grow at growth rate of 4.8% for the forecast period of 2020 to 2027. Market is driven by the increasing growth of end-use industries such as medical, paints and coatings and water treatment.

A biocide is a sort of chemical or microorganism that can stop, reduce harmless or exert a controlling impact on harmful organisms by organic means. They are mechanically critical and act as a oxidizing specialists in disinfectants and additives. They are ordinarily utilized as a part of forestry, anti-fouling agents. disinfectants, medicine, agriculture and others. Biocides can be either natural or synthetic.

Get Exclusive Sample Report: @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-metal-biocides-market

Key Market Competitors: Global Metal Biocides Market

The key players operating in the global metal biocides market are –

·         Akzo Nobel N.V.

·         BASF SE

·         Clariant

·         DowDuPont

The other players in the market are Evonik Industries AG, Croda International Plc, , Huntsman International LLC., Kao Corporation, Galaxy Surfactants Ltd, Solvay, Vinamax Organics Pvt., CHEMTEX SPECIALITY LTD, Enaspol a.s., Unger Fabrikker AS, AARTI INDUSTRIES LIMITED, Oxiteno, KLK OLEO., Pilot Chemical Corp., Procter & Gamble. Lankem and many more.

Segmentation: Global Metal Biocides Market

·         By Type (Silver, Copper & Alloys, Zinc)

·         By Application (Paints & Coatings, Medical, Textile, Pesticides (Agriculture), Wood Preservation, Foods & Beverages)

·         By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa)

Market Drivers:

·         Growing pharmaceutical and healthcare market due to increasing incidences of diseases.

·         Increasing demand from the different verticals such as paints and coatings and water treatment because of rapid industrialization and continuous infrastructure development

·         Rising demand in the Asia Pacific region due to its accumulative acceptance of water treatment procedures in countries such as Japan, China and India

Market Restraint:

·         Strict Environment regulations due to its excessive usage

Key Insights in the report:

·         Historical and current market size and projection up to 2025

·         Market trends impacting the growth of the metal biocides market

·         Analyze and forecast the metal biocides market on the basis of type and application

·         Trends of key regional and country-level markets for type and application

·         Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis.

Want Full Report? Enquire Here@ https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-metal-biocides-market    

About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge Market Research provides appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:

Data Bridge Market Research

US: +1 888 387 2818   

Related Reports:

Metal Forging Market

Medical Elastomers Market

[kelvindbmr]

Metal Biocides Market 2020: Global Industry Exhibits Huge Growth

Metal biocides market is estimated to grow at growth rate of 4.8% for the forecast period of 2020 to 2027. Market is driven by the increasing growth of end-use industries such as medical, paints and coatings and water treatment.

A biocide is a sort of chemical or microorganism that can stop, reduce harmless or exert a controlling impact on harmful organisms by organic means. They are mechanically critical and act as a oxidizing specialists in disinfectants and additives. They are ordinarily utilized as a part of forestry, anti-fouling agents. disinfectants, medicine, agriculture and others. Biocides can be either natural or synthetic.

Get Exclusive Sample Report: @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-metal-biocides-market

Key Market Competitors: Global Metal Biocides Market

The key players operating in the global metal biocides market are –

·         Akzo Nobel N.V.

·         BASF SE

·         Clariant

·         DowDuPont

The other players in the market are Evonik Industries AG, Croda International Plc, , Huntsman International LLC., Kao Corporation, Galaxy Surfactants Ltd, Solvay, Vinamax Organics Pvt., CHEMTEX SPECIALITY LTD, Enaspol a.s., Unger Fabrikker AS, AARTI INDUSTRIES LIMITED, Oxiteno, KLK OLEO., Pilot Chemical Corp., Procter & Gamble. Lankem and many more.

Segmentation: Global Metal Biocides Market

·         By Type (Silver, Copper & Alloys, Zinc)

·         By Application (Paints & Coatings, Medical, Textile, Pesticides (Agriculture), Wood Preservation, Foods & Beverages)

·         By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa)

Market Drivers:

·         Growing pharmaceutical and healthcare market due to increasing incidences of diseases.

·         Increasing demand from the different verticals such as paints and coatings and water treatment because of rapid industrialization and continuous infrastructure development

·         Rising demand in the Asia Pacific region due to its accumulative acceptance of water treatment procedures in countries such as Japan, China and India

Market Restraint:

·         Strict Environment regulations due to its excessive usage

Key Insights in the report:

·         Historical and current market size and projection up to 2025

·         Market trends impacting the growth of the metal biocides market

·         Analyze and forecast the metal biocides market on the basis of type and application

·         Trends of key regional and country-level markets for type and application

·         Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis.

Want Full Report? Enquire Here@ https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-metal-biocides-market    

About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge Market Research provides appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:

Data Bridge Market Research

US: +1 888 387 2818   

Related Reports:

Metal Forging Market

Medical Elastomers Market

[ojasdbmr]

Metal Biocides Market to Exhibit Impressive Growth during 2020-2025

Global metal biocides market is expected to reach USD 4.12 billion by 2025, from USD 2.75 billion  growing at a CAGR of 5.85% during the forecast period of 2020 to 2025. A biocide is a sort of chemical or microorganism that can stop, reduce harmless or exert a controlling impact on harmful organisms by organic means. They are mechanically critical and act as a oxidizing specialists in disinfectants and additives. They are ordinarily utilized as a part of forestry, anti-fouling agents. disinfectants, medicine, agriculture and others. Biocides can be either natural or synthetic.

Segmentation: Global Metal Biocides Market

·         By Type (Silver, Copper & Alloys, Zinc)

·         By Application (Paints & Coatings, Medical, Textile, Pesticides (Agriculture), Wood Preservation, Foods & Beverages)

·         By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa)

Get Exclusive Sample Report: @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-metal-biocides-market

Key Market Competitors: Global Metal Biocides Market

The key players operating in the global metal biocides market are –

·         Akzo Nobel N.V.

·         BASF SE

·         Clariant

·         DowDuPont

The other players in the market are Evonik Industries AG, Croda International Plc, , Huntsman International LLC., Kao Corporation, Galaxy Surfactants Ltd, Solvay, Vinamax Organics Pvt., CHEMTEX SPECIALITY LTD, Enaspol a.s., Unger Fabrikker AS, AARTI INDUSTRIES LIMITED, Oxiteno, KLK OLEO., Pilot Chemical Corp., Procter & Gamble. Lankem and many more.

Market Drivers:

·         Growing pharmaceutical and healthcare market due to increasing incidences of diseases.

·         Increasing demand from the different verticals such as paints and coatings and water treatment because of rapid industrialization and continuous infrastructure development

·         Rising demand in the Asia Pacific region due to its accumulative acceptance of water treatment procedures in countries such as Japan, China and India

Market Restraint:

·         Strict Environment regulations due to its excessive usage

Key Insights in the report:

·         Historical and current market size and projection up to 2025

·         Market trends impacting the growth of the metal biocides market

·         Analyze and forecast the metal biocides market on the basis of type and application

·         Trends of key regional and country-level markets for type and application

·         Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis.

Want Full Report? Enquire Here@ https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-metal-biocides-market    

About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge Market Research provides appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:

Data Bridge Market Research

US: +1 888 387 2818   

Related Reports:

Metal Forging Market

Medical Elastomers Market

[leonfrancisblog]

Aromatic Compounds Market Rising at 4.3% CAGR Due to Surging Demand from Detergent Industry Forecast to 2026|Key Competitors Shell Chemicals, Exxon Mobil Corporation, Total, CB&I, Honeywell International Inc., Reliance Industries Limited

Aromatic compounds market is estimated to grow at growth rate of 5.67% for the forecast period of 2020 to 2027. High demand for aromatic chemical in several end-use industries has increased the production capacity and drives the growth of the market. Aromatic chemical are obtained from petroleum sources, it is a cyclic organic compound which is sweet smelling and is used in various end-use industries, such as solvent in paint industry as a thinner, helps to remove oil and grease and as an aromatic additive. Aromatic solvent are majorly used in coating and paints, chemicals and pharmaceuticals. As the market is growing due to paints and coatings demand around 51.23% demand is generated from paints and coatings and thus drives the market growth. Due to rise in population and construction industry the use of paints and coating is also increasing and thus aromatic chemicals demand is also witnessing growth and will also create growth opportunities for aromatic compounds market in the forecast period of 2020-2027.

Alternatives available in the market for aromatic compounds and imposition of regulations on aromatic compounds will act as a restrain and further challenge the growth of aromatic compounds market in the forecast period mentioned above. The aromatic compounds market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on Data Bridge Market contact us metal biocides market for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Aromatic Compounds Market, By Type (Benzene, Xylene, Toluene and Others), Application (Solvent and Additive), End Use (Packaging, Detergent & Dyes, Automobile, Electronic Devices, Medical Devices, Pharmaceuticals, Gasoline, Tyre, Household Goods, Paints & Coatings, PVC Pipes & Cables, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027. Aromatic compounds market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related aromatic compounds market.

Get Sample PDF of Aromatic Compounds Market Report (including COVID19 Impact Analysis) @https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-aromatic-compounds-market

Global Aromatic Compounds Market Scope and Market Size:

Aromatic compounds market is segmented on the type, application and end-use.  The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets. On the basis of type, the aromatic compounds market is segmented into benzene, xylene, and toluene. Benzene is further segmented into ethyl benzene, cumene and cyclohexane; xylene is further segmented into p-xylene, m-xylene, and o-xylene. Toluene is further segmented into solvents, toluene diisocyanate and others. On the basis of application, the aromatic compounds market is segmented into solvent and additive. Based on end-use, the aromatic compounds market is segmented into packaging, detergent & dyes, automobile, electronic devices, medical devices, pharmaceuticals, gasoline, tyre, household goods, paints & coatings, PVC pipes & cables and others.

Key Market Competitors:

The major players covered in the aromatic compounds market report are Shell Chemicals, Exxon Mobil Corporation, Total, CB&I, Honeywell International Inc., Reliance Industries Limited, INEOS, Chevron Phillips Chemical Company, Toray Industries, Inc., The Dow Chemical Company, Caltex Corporation, LyondellBasell Industries Holdings B.V., Saudi Basic Industries Corporation, Koch Industries, Inc, Formosa Plastics Corporation, ENEOS Corporation and SABIC among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

MAJOR TOC OF THE REPORT:

Chapter One: Aromatic Compounds Market Overview

Chapter Two: Manufacturers Profiles

Chapter Three: Aromatic Compounds Market Competition, by Players

Chapter Four: Aromatic Compounds Market Size by Regions

Chapter Five: Aromatic Compounds Market Revenue by Countries

Chapter Six: Aromatic Compounds Market Revenue by Type

Chapter Seven: Aromatic Compounds Market Revenue by Application

Chapter Eight: Aromatic Compounds Market Revenue by Industries

Chapter Nine: Aromatic Compounds Market Revenue by Deployment Model

Chapter Ten: Aromatic Compounds Market Revenue by End User

Get Table of Content on Request @ https://www.databridgemarketresearch.com/toc/?dbmr=global-aromatic-compounds-market

Reasons for Buying this Global Aromatic Compounds Market Report:

Laser Capture Global Aromatic Compounds Market report aids in understanding the crucial product segments and their perspective.

Initial graphics and exemplified that a SWOT evaluation of large sections supplied from the Laser Capture Global Aromatic Compounds Market industry.

Even the Laser Capture Global Aromatic Compounds Market economy provides pin line evaluation of changing competition dynamics and retains you facing opponents.

This report provides a more rapid standpoint on various driving facets or controlling Medical Robotic System promote advantage.

This worldwide Locomotive report provides a pinpoint test for shifting dynamics that are competitive.

The key questions answered in this report:

What will be the Market Size and Growth Rate in the forecast year?

What is the Key Factors driving Laser Capture Global Aromatic Compounds Market?    

What are the Risks and Challenges in front of the market?

Who are the Key Vendors in Global Aromatic Compounds Market?  

What are the Trending Factors influencing the market shares?

What is the Key Outcomes of Porter’s five forces model.

Access Full Report @ https://www.databridgemarketresearch.com/reports/global-aromatic-compounds-market      

Browse Related Report:

North America Aromatic Compounds Market

Europe Aromatic Compounds Market

Asia-Pacific Aromatic Compounds Market

About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market

Contact:

Data Bridge Market Research

Tel: +1-888-387-2818

Email: Sopan.gedam@databridgemarketresearch.com