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Wednesday, 9 May 2018

Water treatment sector to be biggest driver of biocides market




As per European legislation, a biocide is a microorganism or chemical substance meant to destroy, render harmless, deter or control a harmful organism through either biological or chemical means. Some types of biocides sold in the global biocides market include metallic compounds, halogen compounds, organic acids, organosulfur, phenolics and many others. Biocides are widely used in wood preservation, water treatment, personal care, food & beverages and the paint & coating industry.
Biocides find application in the painting industry as an additive that prevents the paint from getting spoiled during lengthy storage periods and it also prevents algae and fungi from growing on the paint.
The damage to any surface coated with paint or coating material caused by the microbial attack is always an area of great concern in the painting industry. Polymers help prevent degradation of sensorial and physical properties, both inside the material and on the surface. Silver-based biocides are useful in consumer products because of their high thermal stability and environmental safety.
Organosulfur biocides are used in oil refineries as they are less reactive than Hydrochloric acid (HCl) or a mixture of HCl and Hydrofluoric acid (HF). Yet the largest market share is still held by halogen compounds.
Factors influencing revenue growth
The water treatment sector is likely to be a good consumer of biocides and it is anticipated to be the biggest driver of future growth as well. This is largely due to ever rising demand for treated water for both industrial and municipal use from various end-use industries across the world. A rapidly growing population, especially in developing countries is expected to fuel further demand as clean water is essential and is becoming more difficult to access.
An emphasis by governments in both developing and developed countries on clean water supply should expand the size of the global biocides market. Biocides provide nearly unparalleled benefits in water treatment, amongst many other sectors. Another key area predicted to show growth is the food & beverage industry.
Developed countries in North America and the European Union have extremely stringent safety norms that must be complied with. In addition, the Asia Pacific region has a growing food & beverage industry. Food preservatives have seen a rapid uptake in adoption worldwide as people wish to store food for longer periods of time. These factors should benefit the biocides market in the food & beverage industry.

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