A Sustainable Alternative To The Toxic Biocides: North America Leading The Metal Biocide Race
The metal biocides market offers a sustainable solution to the unspecific toxic actions of the chemical alternatives. Metal biocides, generally recommended as mold fogger or for mold remediation, horticulture biocidal wash, and protection of metalworking fluids from bacteria and fungi, offer a harmonized risk factor upon its application in several industries and have grabbed a lot of customer attention in the past few years. With natural antibacterial, antibiotic, and other properties metal biocidal wash has a significant role in multifarious industries such as paints and coatings, medical, textile, pesticides, and others. Besides, incentives from the government and non-government organizations have boosted the metal biocides innovation in recent years. Additionally, North America is emerging as a leading region in this market. It contributed a major regional share of 31.5% to the global metal biocides market in the year 2018. This is mainly facilitated by the huge application of silver biocides-based technology adopted by American industries. Furthermore, there are around 6,210 hospitals in the United States. This brings to the fore a huge requirement of metal biocides in sterilization methods and disinfection processes, whereby uplifting the domestic market demand.
Demand Growth Of The Metal Biocides And Newer Approaches By Organizations:
The metal biocides market is leveraging huge economic output owing to multiple factors that are increasing consumer demand across the world. With wide application in the medical industry to tackle disease-causing microbes and treating wastewater creates a scope for the metal biocides market growth. Globally, over 2 million tons of sewage and other wastes are released into the water sources which simultaneously signifies huge prospects for the metal biocides market. Besides, highly effective and naturally available metal-based biocides such as copper, silver, and zinc are cultivating a stir among the industries. Significantly, the global metal biocides market size reached $3.2 billion as of 2018 and will continue to expand owing to the constantly increasing threat posed by sewage affected water bodies. Also, one of the market analysts at IndustryARC highlights that the metal biocides market will grow at a 4.5% CAGR during the forecast period of 2019-2025.
Among other industrial sectors, metal biocides gained a prominent place in medical usage induced by the high-risk environment caused by the constant interaction with diseased patients. Particularly, silver biocides are widely used in the medical environment for disinfection, equipment antisepsis, and sterilization of devices. Hence, the application of metal biocides by the medical industry is anticipated to increase at a CAGR of 5.1% through to 2025. Silver being the most ideal and abundant metal on earth surface with antimicrobial properties is readily gaining application as an effective metal biocide by other end-users. Recently, NASA is considering the silver biocide to be used in spacecraft water disinfection. Concurrently, this approach by the several industries and organizations towards safe usage of metal biocides will generate huge growth prospects during the forecast period.
Major Players In The Metal Biocides Market:
The metal biocides market pioneers include BASF SE, Clariant AG, The Dow Chemical Company, Sanitized AG, Lonza Group Ltd., Troy Corporation, Milliken Chemical Company, SteriTouch Ltd., Noble Biomaterials, Inc., Renaissance Chemicals Ltd., and others.