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Stringent Government Regulations and Slowdown in Oil & Gas Industry to cap Global Oilfield biocides Market to a 5% Growth to 2020

Hyderabad, Oct. 13, 2016 (GLOBE NEWSWIRE) --

According to market research report, “Biocides Market: By Product Type (Organic Acids, Nitrogen Compounds, Others) By Function (Disinfectants, Preservatives, Pesticides, Others) By End-User (Water Treatment, HealthCare, Paints, Coatings, Pulp, Paper, Plastics, Others) – Forecast (2015-2020)”, published by IndustryARC, the biocides market estimated 5% growth to 2020.

Browse 80 Market Tables, 22 Figures spread through 140 Pages and an in-depth TOC on “Biocides Market

http://industryarc.com/Report/11647/biocides-market.html

Biocides are the integral part of today’s regime, while imparting best properties to safeguard various end users from the ill effects of microorganisms. Though, much maligned by the environmentalists, biocides continue to provide a valuable service to the mankind. These biocidal products help to prevent unwanted microbial growth in myriad set of applications such as; building and construction materials, paper and pulp coating, and energy products. Biocidal products have several applications such as; preservatives, disinfectants, pest control and other products. These biocides are of various types such as; halogen compounds, metallic compounds, organosulfur compounds, phenolic compounds and so on.

Refining economic conditions, along with growing prominence of enhanced sanitation in production processes and workplaces, will propel the growth of biocides in the industrial market. The demand for biocides in the oil and gas industry with a certain set of applications like pipeline, and refinery and additive applications is anticipated to evolve to a much larger ground till 2022. The growth of microbial in oilfield is a major concern where industry spends huge amounts on the effects of microbial growth. The effects of the microbial growth include: failure of the installed equipment, machinery through which oilfield operations are carried by pipelines and many more. Non-oxidizing biocides are widely used where glutaraldehyde is the major non-oxidizing agent used across the oilfield applications due to its high efficacy and was estimated to be around 56.1% of the global non-oxidizing biocides market in 2015. Chlorine is the most commonly used oxidizing biocide because of its low cost and corrosive nature against the microorganisms. In 2015, chlorine oxidizing biocide market was estimated to have a market share of 68% in the global oxidizing biocides market. The global oilfield biocides and bio-solvents market revenue is estimated to grow at a CAGR of 5.0% and 4.6% respectively till 2020.

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One of the emerging trends, which will catastrophically affect the demand for biocides market, is the growth of microbial resistance. Microorganisms are evolving much faster than the usual rate and hence are attaining the level of resistance much more swiftly, as compared to the introduction of biocides. Along with these affects, biocides have seen a flurry of activities pertaining to the increase the current potential, while still following certain regulations.

The European Chemical Agency (ECHA) recently announced a new regulation for the Biocides market. As mentioned in the article 3 of Biocidal product Regulations (BPR), under ECHA, a biocide is a component, encompassing one or more active ingredients, with the power of reducing the biological infestation of harmful microorganisms. Since these chemicals are envisioned to kill harmful organisms, they also pose a high risk to human health. Hence, there should be a defensive legacy in handling these biocides. Hence, ECHA has come up with stringent regulation like this. According to the agency, all the biocidal product manufacturers in the European Union (EU) should be in equivalence with the costs these chemicals render to the society. The supplier of a Biocidal Product (BP) should have a record covering a letter of access, the competence of which would be checked by the authority. According to the law, since 1st September 2015, any manufacturer in order to be a part of the EU, has to entitle themselves to be in the ARTICLE 95 List, failing which the product would be banned.

The Biocides market has been segmented into the Americas, Asia-Pacific, Europe and Rest of the World (RoW) on basis of geography. The global demand of biocides is estimated to raise manifold. With much stringent rules and regulations, the producers are beholding their vision for procedures to control the cost and bring in more innovative and natural Biocidal Products, while also holding up to all the regulations. North American region is the largest biocides market in the world, with the U.S leading the market demand. However the decreasing fracking operations in the U.S. is the major hindering factor for the biocide market in oilfields as the U.S. is dominant in global biocides market accounted for 40.6% in 2015. As of 2015, due to the surplus supply the oil prices were reduced, the production and drilling activities went down especially in the U.S.

Biocides in the recent past have witnessed a change in the product mix owing to the shift of industry from conventional chemicals to the environmental-friendly non-toxic formulations. The demand for biocides will be driven by growing utilization in the pulp and paper manufacturing and plastics production, and also due to the rising awareness for fortification against growth of bacteria and pathogens in food.

The Prominent Players in Biocides Market Include

  • BASF SE
  • The Dow Chemical Company
  • Solvay SA (Rhodia)
  • Clariant AG
  • AkzoNobel N.V
  • Nalco Champion
  • ICL Industrial Products

With various product launches, mergers, acquisitions, collaborations and other strategies, these companies are obtaining market shares in the industry.

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Why buy this report?

  • Get a detailed picture of the Biocides market.
  • Pinpoint growth sectors and identify factors driving change.
  • Understand the competitive environment, the market's major players and the leading brands.
  • A five-year forecast for the key geographic regions, countries and end applications, in order to assess how the market is predicted to develop.
  • More than 100 data tables and figures to assist in strategic decision making plans.

List of Companies Cited in Report:

Abhishek Impex , Accepta, Acti - chem(THOR), Aeroxon Insect Control GmbH, Arysta LifeScience Benelux, Akcros Chemicals, Albemarle Corporation, Anitox , Anti-Germ, Arkema Group, Ashland Inc, Avista Technologies, Babolna Bio, Baker Hughes Limited, Bayer Environmental Sciences, Bell Laboratories, BOCHEMIE a.s., Buckman Laboratories International, Inc., Caradan chemicals, Chemiphase Ltd, Chemours Company, Chemtex Speciality Limited, CSM N.V., E. I. du Pont de Nemours and Company, Ecolab Incorporation, Endura Products, Inc. , Enviro Fluid, Evonik Industries AG, Flotek Industries, FQS, Inc., Gemtek Products, LLC, and many more.

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Browse Related Reports:

Oilfield Biocides and Bio Solvents Market: By Biocide (Glutaraldehyde, DBNPA, THPS, Chlorine, Quaternary Ammonium) Bio Solvent (Hydrocarbon, Alcohols, Glycols) Application (Drilling, Production, Fracturing, Completion, Others) - Forecast (2015-2020)

http://industryarc.com/Report/1306/oilfield-biocides-bio-solvents-market-analysis.html


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