Microbial Control Chemical Market: Global Market Type, Share, Key Players, Growth, Segments and Forecast Research Report 2018-2023

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The Global Microbial Control Chemical Market is expected to grow at a CAGR of 5.23% from 2018 to 2023 to reach USD 19,213.13 million by 2023. There are various types of chemical agents that are used to control the growth of microbial or kill microbes. Agents which control the growth of cells without killing them are known as static agents; agents which kill cell are referred as cidal agents. Nowadays, microbial control chemicals are widely accepted in various industries such as water treatment, preservation & protection, health & hygiene, personal care, food & beverages, wood preservation, and oil & gas among others. These acceptances are attributed to the rising regulations in the food industry to maintain hygiene, growing focus towards preventing equipment life, and rising health care expenditures, thus driving the growth of microbial control chemical market.

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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.

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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.

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