According to a market report by Lucintel, the future of the global metal biocide market looks promising with opportunities in the paint & coating, medical, textile, pesticide, wood preservation, and food & beverage markets. The global metal biocide market is expected to reach an estimated $4.8 billion by 2030 witha CAGR of 4.6% from 2024 to 2030. The major drivers for this market are rising investment in building infrastructure in the developed countries and growing demand from food and beverages, medical, and healthcare industries.A more than 150 – page report is developed to understand trends, opportunity and forecast in metal biocide market to 2030 by type (silver, copper & alloys, zinc, and others), end use (paints & coatings, medical, textile, pesticides, wood preservation, foods & beverages, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
Lucintel forecasts that silver will remain the largest segment over the forecast period due to its environment friendly and sustainable nature.
Within this market, paint & coating will remain the largest segment due to rapidly increasing modern advances in paint technology and housing construction activities.
North America is expected to witness highest growth over the forecast period due to the increasing demand for metal biocides in the medical and foods & beverages industries.
Akzo Nobel, BASF, Clariant, Dow, DuPont, Evonik Industries, Croda Internationalare the major suppliers in the metal biocide market.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1 972.636.5056
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