BCC: Report Says U.S. Biocides Market To Reach $1.87 Billion By 2008
February 16, 2004
According to a soon-to-be-released updated report from Business Communications Company, Inc., RC-224R Biocides, the total U.S. market for biocides was estimated at $1.6 billion in 2003. Expected to grow at an average annual rate of 3.2%, this market is likely to reach $1.87 billion by 2008. Highlights from the report: the four largest end uses for biocides (accounting for nearly two-thirds of the total market) are swimming pool and spa disinfectants, paper slimicides, wood preservatives and personal care products; by product group, the three largest are halogenated compounds, inorganic compounds and quaternaries, accounting for nearly 55% of the total market; the most rapidly growing end uses are health care (4.8%), paper (3.7%), and disinfectants and sanitizers (3.4%), and the product types that are growing the fastest are quaternaries (4.6%), halogenated compounds (4.1%), other nitrogen compounds (3.4%), and organosulfurs (3.4%); and the main driving force behind the growth trend is the growing awareness of the need to protect against infection by microorganisms.
For more information, contact Business Communications Company, Inc., 25 Van Zant Street, Norwalk, CT 06855; phone: (203) 853-4266 ext. 309; e-mail: email@example.com .