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Halogen Biocides Market for Water Treatment Applications worth over $1.8 billion by 2026
- Published Date: January 20, 2020
According to a new research report by Global Market Insights Inc., the halogen biocides market for water treatment application is set to surpass $1.8 billion by 2026.
Halogen biocides market for water treatment applications shall witness significant gains from 2019 to 2026 owing to increasing use of these products as a disinfectant. Halogen biocides for water treatment application adoption in domestic water treatment is becoming a go to trend owing to its beneficial characteristics of removing odor and stopping microbial growth.
Growing acceptance of iodine, bromine and chloramine in eradication of different pollutants will spur the halogen biocides market for water treatment applications. Rising number of water pipelines for continuous water supply globally has urged the demand for clean, inexpensive and effective chemicals for removal of different pollutants.
“As per industry forecast, food & beverage application is anticipated to witness a healthy CAGR of 3.5% by the end of 2026 due to robust usage of treatment chemicals to maintain food quality”
Growing usage of iodine for drinking water treatment will contribute to a healthy market share
According to market forecasts, Iodine based halogen biocide market for water treatment application may experience appreciable over forecasted timeframe due to robust application in drinking water treatment. This product is majorly used for treating water owing to persuading characteristics including bactericide, fungicide and viricide. Drinking water treatment growth owing to escalating population levels and water borne disease prevalence should boost overall halogen biocides market for water treatment application.
According to market research, technology upgradations has resulted in usage of product in wastewater and cooling towers water treatment. Halogen biocides for water treatment application are majorly used owing to microbial growth inhibition properties, thus fostering industry growth.
Browse key industry insights spread across 1050 pages with 1504 market data tables and 38 figures & charts from the report, “Halogen Biocides Market Size For Water Treatment Applications by Product (Chlorine {By Application [Wastewater Treatment, Cooling Towers], By End-Use [Municipal (Drinking Water, Sewage Treatment), Industrial (Food & Beverage, Pulp & Paper, Oil & Gas, Power Plants, Chemical Industry)]}, Chloramine {By Application [Wastewater Treatment, Cooling Towers], By End-Use [Municipal (Drinking Water, Sewage Treatment), Industrial (Food & Beverage, Pulp & Paper, Oil & Gas, Power Plants, Chemical Industry)]}, Bromine {By Application [Wastewater Treatment, Cooling Towers], By End-Use [Municipal (Drinking Water, Sewage Treatment), Industrial (Pulp & Paper, Oil & Gas, Power Plants, Chemical Industry)]}, Chlorine dioxide {By Application [Wastewater Treatment, Cooling Towers, Boiler Water], By End-Use [Municipal (Drinking Water, Sewage Treatment), Industrial (Food & Beverage, Pulp & Paper, Oil & Gas, Power Plants, Chemical Industry)]}, Iodine {By Application [Wastewater Treatment, Cooling Towers], By End-Use [Municipal Drinking Water Treatment, Industrial (Food & Beverage, Pulp & Paper, Oil & Gas, Power Plants, Chemical Industry)]}), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany, UK, France, Italy, Spain, Russia, China, India, Japan, South Korea, Australia, Malaysia, Brazil, Saudi Arabia, UAE, South Africa), Competitive Market Share & Forecast, 2015 – 2026” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/halogen-biocides-market
Proliferation of wastewater treatment chemicals demand to accentuate halogen biocides for water treatment application
As per market analysis, halogen biocides for water treatment application is witnessing an upward trend due to its utilization for eliminating microbials and germs. This product has utilization in industries including food & beverage, pulp & paper, oil and gas, power plants, chemical for wastewater treatment to mitigate environmental degradation cause by industrial waste release. Rising industrial establishment owing to growing economic development along with supportive government initiatives including “Made in China 2025” and “Make in India” aiming to increase inland manufacturing output will result in driving the market.
Rising R&D investments has resulted in development of new products in which the oxidizing effects and degradative properties of the halogen are stabilized which may find new opportunities for market.
“As per the analysis, municipal sewage treatment end use is anticipated to grow over 4 % by the end of 2026 owing to rapid urbanization and escalating population levels”
Beneficial characteristics posed by bromine-based halogen biocides for water treatment application should accelerate market demand
As per market forecasts, bromine-based segment may witness CAGR growth of 4% during the forecasted time period. Bromine based halogen biocide for water treatment application may obtain appreciable gains in overall market size owing to rising utilisation in wastewater treatment and cooling towers. Bromine-based halogen biocide for water treatment application offers persuading attributes including ability to kill the cells of many pathogens and is effective against rotaviruses & poliovirus will foster halogen biocides market for water treatment applications growth.
Supportive government initiatives will boost halogen biocides for water treatment application demand throughout China
As per market trends, supportive Chinese government initiatives including China’s water pollution control act which ensures environment around sources of drinking water to prevent water contamination are encouraging the use and quality check for drinking purpose water which are the key attributes augmenting market growth. Government spending on water pollution in China amounted over USD 4 billion in 2019 which shows favorable circumstances for halogen biocides market expansion.
Major participants in halogen biocides industry for water treatment application are Lenntech, DuPont, Dow Chemical Company, Clariant AG, Nouryon, Lubrizol Corporation, SUEZ, Aditya Birla Chemicals, Jordan Bromine Company, Albemarle, Solaris ChemTech, Accepta, CAPCO Water Solutions, Thor Group, Iofina Chemical and Solenis.
As per market analysis and trends, market leaders are implementing several strategic initiatives including partnerships, new product launch, strategic mergers & acquisitions and R&D investment to gain greater the halogen biocides market share.