A Sustainable
Alternative To The Toxic Biocides: North America Leading The Metal Biocide Race
The metal biocides market offers a sustainable
solution to the unspecific toxic actions of the chemical alternatives. Metal
biocides, generally recommended as mold fogger or for mold remediation, horticulture biocidal wash, and protection of metalworking fluids from bacteria and fungi, offer a harmonized risk factor upon its application in several
industries and have grabbed a lot of customer attention in the past few years.
With natural antibacterial, antibiotic, and other properties metal biocidal
wash has a significant role in multifarious industries such as paints and
coatings, medical, textile, pesticides, and others. Besides, incentives from the
government and non-government organizations have boosted the metal biocides
innovation in recent years. Additionally, North America is emerging as a
leading region in this market. It contributed a major regional share of 31.5%
to the global metal biocides market in the year 2018. This is mainly
facilitated by the huge application of silver biocides-based technology adopted
by American industries. Furthermore, there are around 6,210 hospitals in the
United States. This brings to the fore a huge requirement of metal biocides in sterilization
methods and disinfection processes, whereby uplifting the domestic market
demand.
Demand
Growth Of The Metal Biocides And Newer Approaches By Organizations:
The metal biocides market is leveraging
huge economic output owing to multiple factors that are increasing consumer
demand across the world. With wide application in the medical industry to
tackle disease-causing microbes and treating wastewater creates a scope for the
metal biocides market growth. Globally, over 2 million tons of sewage and other
wastes are released into the water sources which simultaneously signifies huge
prospects for the metal biocides market. Besides,
highly effective and naturally available metal-based biocides such as copper,
silver, and zinc are cultivating a stir among the industries. Significantly, the
global metal biocides market size reached $3.2 billion as of 2018 and will
continue to expand owing to the constantly increasing threat posed by sewage
affected water bodies. Also, one of the market analysts at IndustryARC highlights
that the metal biocides market will grow at a 4.5% CAGR during the forecast
period of 2019-2025.
Among other industrial sectors, metal
biocides gained a prominent place in medical usage induced by the high-risk
environment caused by the constant interaction with diseased patients. Particularly,
silver biocides are widely used in the medical environment for disinfection,
equipment antisepsis, and sterilization of devices. Hence, the application of
metal biocides by the medical industry is anticipated to increase at a CAGR of
5.1% through to 2025. Silver being the most ideal and abundant metal on earth surface
with antimicrobial properties is readily gaining application as an effective
metal biocide by other end-users. Recently, NASA is considering the silver
biocide to be used in spacecraft water disinfection. Concurrently,
this approach by the several industries and organizations towards safe usage of
metal biocides will generate huge growth prospects during the forecast period.
Major
Players In The Metal Biocides Market:
The metal biocides market pioneers include BASF SE, Clariant AG, The Dow Chemical Company, Sanitized AG, Lonza Group Ltd., Troy Corporation, Milliken Chemical Company, SteriTouch Ltd., Noble Biomaterials, Inc., Renaissance Chemicals Ltd., and others.
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Related
Reports:
A. Biocides Market
https://www.industryarc.com/Report/11647/biocides-market.html
B. Wood Coatings
Biocide Market
https://www.industryarc.com/Report/18610/wood-coatings-biocide-market.html
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IndustryARC is a Research and Consulting Firm that publishes more than 500
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