Biocides Market Is Estimated To Surge Ahead At A Cagr Of 4.20% From 2022 To 2030
According to Custom Market Insights (CMI), the Global Biocides Market is expected to grow at a compound annual growth rate of 4.2% during the forecast period from the year 2022 to the year 2030. The market was valued at USD 7419 million in the year 2021 and it is expected to grow to USD 9914 million by the year 2030. The demand for these products will grow in the forecast period due to their use in the household sector, water treatment, personal care wood preservatives, and Paints as well as coatings. Increased use of biocides in the protection from various viruses will drive market growth. The stringent policies adopted by various nations will also be instrumental in the growth of the market. The use of biocides in water treatment is one of the major applications of this product apart from its use in paints and coatings. Browse the full “ Biocides Market Size, Trends and Insights By Product (Halogen Compounds, Metallic Compounds, Phenolic, Nitrogen, Organosulfur, Orga...