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Global halogen biocides market for water treatment applications size exceeded USD 1.2 billion, globally in 2018 and is estimated to grow at over 5% CAGR between 2019 and 2026.
Halogen is a group of chemical elements that includes fluorine, bromine, iodine, astatine, and chlorine. These biocides are manufactured using different halogens in order to utilize the disinfectant properties and are used in treating the municipal water. Halogen biocides are used as chemical substances intended to deter, destroy, render harmless or exert a controlling effect on any harmful organisms. The biocides including chlorine and bromine generally slays microorganisms through oxidation by electrochemical process. According to halogen biocides market statistics, these are the most used methods to refine water from organic susceptibilities due to cost effectiveness along with beneficial germ-killing properties which can be utilized in municipal pipelines.
Report Attribute | Details |
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Base Year: | 2018 |
Forecast Period: | 2019 to 2026 |
Historical Data for: | 2015 to 2018 |
No. of Pages: | 1,050 |
Tables, Charts & Figures: | 1,542 |
Segments covered: | Product, Application, End-Use |
Growth Drivers: |
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Pitfalls & Challenges: |
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It is estimated that over 2 billion of the total population around the globe are not accessible to safe drinking water services, thereby increasing halogen biocides market shares of treatment chemicals to kill the disease-causing germs & bacteria. Pressure on local municipal corporations from different health & safety organizations including WHO is indicating market opportunities for halogen biocides for water treatment application manufacturers.
Increasing global pollution rates has encouraged local governments to take initiatives for supplying treated water in order to eliminate the ailments & infections causing bacteria which can negatively affect coherence of local communities. Chlorine and bromine-based halogen biocides often face industry challenges as these products are exploited through different processes in order to increase the hygiene of the supplied water. These biocides may be harmful if consumed in high doses. However, halogen biocides market statistics depicts the availability of different treatment chemicals with permissible limits set by associations, which results in an effective treatment of microbe & germs present in the water.
The halogen biocides market forecast signifies water treatment chemicals revenue to have surpassed USD 7 billion in 2018 and considerable part of it has been taken up by halogen biocides. More than 50% of the community water systems in the U.S. utilize chlorine in water treatment application which signifies a healthy market share.