Biocides Market Size Is Estimated To Be Usd 11.95 Billion By 2030 With A Cagr Of 4.23%
March 6, 2023 ⚊ 1 Min read ⚊ Views 56 ⚊ BUSINESS
The increased use of biocides and its products in several industrial sectors for disinfectant purposes is triggering the demand for biocides across the globe. The surging demand for clean water for industrial and domestic purposes, and increased use of biocidal products as disinfectants and anti-fouling agents has created immense opportunities for the market to expand across the globe. The application of biocides in F&B sector for disinfecting equipment, pipes, and surfaces which are in close contact with the packaging and manufacturing processes have contributed to the market growth. With the rising focus on hygiene and clean water and strict government mandates, the biocides market is likely to gain impetus. Industrial preservation accounts for huge chunk of biocides.
