Biocides Market Insights, Leading Players and Business Scenario| P&S Intelligence

The Biocides market is on the way of growth, and this trend will continue in the years to come as well. The main reasons responsible for the growth of this industry are the growing need for treated water and increasing use of biocidal products for preservation of wood, personal care and homecare products, petrochemicals, and paints and coatings.

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The biocides market will grow at the highest rate in the APAC region. This is as a result of the increasing requirement for treated water in China, India, and numerous Southeast Asian nations for residential and industrial applications. Therefore, the increasing manufacturing capacity of these countries is powering the industry growth in the region. It is because of the growing demand for biocides in the water treatment as well as consumer products, the requirement for biocides will continue to grow in the years to come as well.

SOURCE: P&S Intelligence

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