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Home » News » Microbial Control Chemical Market Worth $19,213.13 Million by 2023

Microbial Control Chemical Market Worth $19,213.13 Million by 2023

Published On: September 19, 2018

Meticulous Research® – leading global market research company published a research report titled “Microbial Control Chemical Market by Method (Sterilization, Antisepsis, Disinfection), Type (Phenolics, Halogens, Oxidizing Agents, Aldehydes, Alcohol, Heavy Metals, Oxazolidines, BIT, IPBC), Application (Water Treatment, Preservation & Protection, Health & Hygiene, Personal Care, Food & Beverages, Wood Preservation, Oil & Gas), and Geography–Global Forecast to 2023”. According to this latest publication from Meticulous Research®, the global microbial control chemical market is expected to grow at a CAGR of 5.23% from 2018 to reach USD 19,213.13 million by 2023. The growth of this market will be driven by factors such as rising application of microbial control chemical in various industries and rising demand for efficacy on communicable diseases such as H1N1, SARS, bird flu, and MRSA. However, side effects associated with the chemicals hinder the growth of this market to some extent.

The global microbial control chemical market study presents historical market data in terms of values (2015 and 2017), estimated current data (2018), and forecasts for 2023-by method (sterilization, antisepsis, disinfection), type (phenolics, halogens, oxidizing agents, aldehydes, alcohol, heavy metals, oxazolidines, BIT, IPBC, others), and application (water treatment, preservation & protection, health & hygiene, personal care, food & beverages, wood preservation, oil & gas, others). The study also evaluates industry competitors and analyzes the market at regional and country level.

Browse in-depth Report on https://www.meticulousresearch.com/product/microbial-control-chemical-market/

Microbial Control Chemical Market

On the basis of method, sterilization market commanded the largest share of global microbial control chemical market in 2017. However, disinfection market is expected to grow at the fastest CAGR during the forecast period, owing to the rising adoption across many industry verticals for improving the quality, durability, and stability of products.

On the basis of type, microbial control chemical market for phenolics commanded the largest share of the global market in 2017 with huge and growing application in laboratory and hospitals. Moreover, rising focus of major players such as Syngenta AG, UPL, FMC Corporation, The Dow Chemical Company, Lonza, Bayer AG, Nufarm Limited, BASF Corporation, and Limin Chemical Co. Ltd towards this market is also fueling the growth of this segment during the forecast period.

This research report analyzes major geographies and provides comprehensive analysis of North America (U.S., Canada), Europe (Spain, France, Italy, Germany, U.K., and RoE), Asia-Pacific (China, India, Taiwan, Japan, Australia & New Zealand, and RoAPAC), and rest of the world. North America commanded the largest share of the global microbial control chemical market in 2017, followed by Europe and Asia Pacific. Rising demand for environmentally friendly products, growing regulations, and presence of large number of food processing industries and food-borne diseases are majorly attributed to the large share of this region. However, Asia Pacific is the fastest growing region during the forecast period owing to the rising awareness, growing industrialization, and increasing focus on hygiene and health. Moreover, governments of this region have widely accepted the technology to provide better facilities to their citizens and improve standard of living.

The major players operating in the global microbial control chemical market are Syngenta AG, UPL, FMC Corporation, The Dow Chemical Company, Lonza, Bayer AG, Nufarm Limited, BASF Corporation, Limin Chemical Co. Ltd., and Marrone Bio Innovations among others.

Key questions answered in the report-

  • Which are the high growth market segments in terms of method, type, application, and region/countries?
  • What was the historical market for microbial control chemical across the globe?
  • What are the market forecasts and estimates for the period 2018-2023?
  • What are the major drivers, restraints, opportunities, and challenges in the global microbial control chemical market?
  • Who are the major players in the global microbial control chemical market?
  • How is the competitive landscape and who are the market leaders in the global microbial control chemical market?
  • What are the recent developments in the global microbial control chemical market?
  • What are the different strategies adopted by the major players in the global microbial control chemical market?
  • What are the geographical trends and high growth regions/ countries?
  • Who are the local emerging players in the global microbial control chemical market and how do they compete with the global players?

About Meticulous Research®

Meticulous Research® is founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicated market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. Meticulous Research® produces global reports and custom studies for North America, Europe, Latin America, Asia-Pacific, and the Middle East and Africa regions. These reports are used by our clients for marketing and strategic planning in various sectors.

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