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In the market, several major players, including Akzo Nobel N.V., BASF SE, Clariant, and Dow, hold significant market share and play crucial roles in shaping the industry landscape. Akzo Nobel N.V., a renowned multinational company specializing in paints and coatings, leverages its extensive research and development capabilities to offer innovative metal biocides for various applications, particularly in the construction and healthcare sectors.
BASF SE, a global leader in the chemical industry, boasts a diverse portfolio of metal biocides catering to different industries, including agriculture, textiles, and consumer goods. The company's focus on sustainability and technological advancements has enabled it to maintain a strong foothold in the market, catering to the evolving needs of its customers.
Clariant, another key player in the metal biocides market, is recognized for its expertise in specialty chemicals and solutions. The company's comprehensive range of metal biocides finds applications in paints, coatings, personal care products, and industrial processes. Clariant's commitment to innovation and customer-centric approach has solidified its position as a leading provider of metal biocides globally.
Additionally, Dow, a prominent multinational corporation, offers a wide array of metal biocides tailored to diverse industries such as agriculture, healthcare, and consumer goods. With its extensive research capabilities and global reach, Dow continues to be a major player in the market, driving innovation and contributing to the growth and development of the industry. Collectively, these major market players bring expertise, innovation, and a wide range of solutions, shaping the market and meeting the diverse needs of industries worldwide.
Major players operating in the metal biocides industry include:
Some of the leading companies engaged in the metal biocides industry are Akzo Nobel N.V., BASF SE, Clariant, Dow, DuPont, Evonik Industries AG, Croda International Plc, Huntsman International LLC., Kao Corporation, and Galaxy Surfactants Ltd.
North America metal biocides industry generated USD 1.1 billion in revenue in 2023 and is set to expand at a notable CAGR through 2032 owing to the presence of advanced healthcare infrastructure and stringent regulations regarding microbial control in medical settings across the region.
Silver-based biocides segment size generated USD 1.2 billion in 2023 and is estimated to record substantial growth through 2032 owing to their superior antimicrobial properties and wide application across various industries such as healthcare, consumer products, and textiles.
Metal biocides market was worth USD 3.58 billion in revenue in 2023 and is poised to exhibit over 3.1% growth rate between 2024 and 2032 attributed to the widespread use in paints and coatings, disinfectants, sanitizers, preservatives, and pesticides across a range of industries.