Kenneth Research, in its repository of market research reports, have recently added a report on Market which emphasizes on the latest trends, key opportunities, drivers, and the challenges associated with the growth of the market during the forecast period, i.e., 2021-2025. The market is projected to grow with a CAGR of XX.X% during the forecast period and further attain a market revenue of USD XXX in the year 20XX. The North America Biocides Market is anticipated to grow primarily on account of the growing trade of ICT goods and services worldwide. According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019. Additionally, exports of ICT services increased from 5.61% of service exports (BoP) in 2001 to 10.37% of service exports (BoP) in 2017. On the other hand, growing awareness amongst individuals for using the internet is also anticipated to contribute to the market growth. For instance, the total number of individuals using the internet grew from 8% of total population in 2001 to 49% of total population in 2017. Moreover, backed by the increasing demand for high-speed internet amongst the individuals, organizations operating in the field of telecom are increasingly working on deploying 5G network technology, as this technology provides internet access at very high speeds. By 2025, it is estimated that as many as 1.2 billion of total internet connections will account to 5G. Further, one-third of the world is projected to be covered with 5G connectivity by the end of 2025.
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“Final Report will add the analysis of the impact of COVID-19 on this industry.”
North America biocides market is expected to grow by 4.0% annually in the forecast period and reach $5,227.1 million by 2030 owing to the rising need for increasing use of biocides in consumer products and emerging innovative products via technological advancement.
Highlighted with 28 tables and 94 figures, this 152-page report “North America Biocides Market 2020-2030 by Product Type (Halogenated, Metallic, Organic Acid, Phenolic), Application, and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire North America biocides market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2015-2019 and provides forecast from 2020 till 2030 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify North America biocides market in every aspect of the classification from perspectives of Product Type, Application, and Country.
Based on Product Type, the North America market is segmented into the following sub-markets with annual revenue ($ million) and sales volume (kiloton) for 2019-2030 included in each section.
• Chlorine Based Biocides
• Bromine Based Biocides
• Iodine Based Biocides
• Other Halogen-based Biocides
• Silver Based Biocides
• Copper Based Biocides
• Zinc Based Biocides
• Magnesium Based Biocides
• Mercury Based Biocides
• Other Metal Biocides
Organic Acid Biocides
• Formic Acid Based Biocides
• Lactic Acid Based Biocides
• Ascorbic Acid Based Biocides
• Propionic Acid Based Biocides
• Benzoic Acid Based Biocides
• Other Organic Acid Based Biocides
Other Biocide Types
Based on Application, the North America market is segmented into the following sub-markets with annual revenue ($ million) and sales volume (kiloton) for 2019-2030 included in each section.
• Water Treatment
• Wood Preservation
• Food & Beverages
• Paints & Coatings
• Human Hygiene
• Household, Industrial, and Institutional (HI&I) Cleaning
• Other Applications
Geographically, the following national/local markets are fully investigated:
For each country, detailed analysis and data for annual revenue ($ million) and sales volume (kiloton) are available for 2019-2030. The breakdown of key national markets by Product Type and Application over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in North America biocides market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
Key Players (this may not be a complete list and extra companies can be added upon request):
Akzo Nobel N.V.
Kemin Industries Inc.
Lonza Group AG
The Lubrizol Corporation
Thor Group Limited
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
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