According to the new reportpublished by Industry Research Place Global Isocyanurate Biocides Market is valued at USD 416.04 Million in 2020 and is expected to reach USD 687.14 Million by 2026 with the CAGR of 8.81 % over the forecast period.
This report analyses the global market for Isocyanurate Biocides. The report will enable the user to understand and gain insights into the current and forecast market situation. The market is comprehensively analyzed by geography to give complete information on the global scenario. The qualitative and quantitative data provided in this study can help user understand which market segments, regions are expected to grow at higher rates, factors affecting the market and key opportunity areas. The report also includes competitive landscape of key players in the industry along with emerging trends in the market.
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Impact of COVID-19 on Global Isocyanurate Biocides Market
The chemicals and materials sector extents presence across automotive to medical devices to institutional cleaners, signifying that a sector with such economic exposure will be extensively affected by COVID-19. Dependent upon the course of the pandemic and economic conditions, chemicals and materials companies may be navigating from recovery to thriving. The industry may perhaps potentially be hit hard by the COVID-19 outbreak on numerous fronts: operational and supply chain disruptions, potentially tightening credit markets, lowered demand and productivity and the health of their workforce.
Lessening expected demand for products resulting from some impacted industries, comprising automotive and industrial products. Yet, we could concurrently see a continual demand from other end-users, such as producers of personal health and household products.
Conversely, companies having manufacturing is solely or partially dependent on labor are affected greatly. The surgical suture manufacturing is mostly the automatic process, comparatively less labor intensive.
If we look at the demand side, the downstream demand is weakened, so that the production enterprises in the middle and upper streams are facing high inventory risks, which could lead to further production cuts or cost increases.
Global Isocyanurate Biocides Market COVID-19 impact Analysis
This report highlights the impact of the Covid-19 pandemic on Global Isocyanurate Biocides Market. By combining data from a range of industry sources, as well as predictive modeling and market trend analysis, we provide an evidence-based set of projections that will allow organizations to plan their strategies more effectively. The report gives in depth analysis of short term and long term impacts of epidemic on the industry.
The COVID 19 impact assessment of Global Isocyanurate Biocides Market is divided into following sections:
Section1: Pre Lockdown
This part of the report looks at how market changed throughout early 2020, as the spread of COVID-19 intensified on different geographies.
Section2: During Lockdown
This part of the report collects data from across the sector to know how people have responded to lockdown. It analyses the impact of the epidemic on the workforce in the industry and disruption in various regions and countries
Section3: Post Lockdown
This part of the report project what sector recovery could look like and summarizes ways in which the business landscape could shift.
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1.Ronas Chemicals Ind. Co. Ltd.
2.Occidental Petroleum Corporation
3.Juancheng Ouya Chemical Co., Ltd
4.Heze Huayi Chemical Co., Ltd
5.Hebei Jiheng Chemical Co., Ltd
6.Shandong Juancheng Jingwei Disinfection Products Co.,Ltd.
10.Taian Huatian Chemical Co.,Ltd.
13.Acuro Organics Limited
14.KIK Custom Products Inc.
oFood and Beverage
oOther (Cosmetics and Personal Care,Textiles etc.)
Recent Development in Global Cycle Tourism Market
Vink Chemicals increases production capacity
Vink Chemicals GmbH & Co. KG recently acquired ISP Biochema Schwaben GmbH in Memmingen (Bavaria). This addition will broaden the production capacity next to the already existing production site in northern Germany.
Vink Chemicals generates around 95 percent of its sales from the production and sale of biocides. “With the acquisition, we are reinforcing the core business and offering more flexibility and proximity to the customers" says David Zilm, Chief Marketing Officer at Vink Chemicals.
LANXESS completes acquisition of Brazilian biocide manufacturer IPEL LANXESS completed the acquisition of Itibanyl Produtos Especiais Ltda. (IPEL).
The competent anti-trust authorities approved the transaction beginning of January. IPEL with headquarters in Jarinu, São Paulo, is one of Brazil’s leading biocide manufacturers and generated sales in the lower double-digit million euro range in 2018. With the acquisition, LANXESS is strengthening its position as one of the world’s leading manufacturers of antimicrobial active ingredients and formulations. In addition to around 100 employees and the production facility, LANXESS has taken over the Brazilian company’s laboratory facilities.
The first two applications for Union authorisation of biocidal products have recently been submitted to ECHA
The first two applications for Union authorisation are for biocidal product families containing the active substance iodine. The products are used as disinfectants for veterinary hygiene purposes (biocidal product type 3). The ability for companies to apply for Union authorisation for their products rather than for national authorisation and subsequently for mutual recognitions in all Member States is one of the main advantages of the regulation that replaced the previous directive. Yet, it has taken nearly two years after the entry into operation of the new regulation for the first such applications to arrive.
The EU and US Biocide Regulation Trends in the Times of Covid-19
The covid-19 pandemic has increased the demand for biocidal products across the world. For example, in the UK, disinfectant sales have risen 255% year-to-year in February 2020. However, these products are highly regulated in most parts of the world. During a special session of the 12th Chemical Regulatory Annual Conference & Asian Helsinki Chemicals Forum on December 4
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•An overview of the Global Isocyanurate Biocides Market
•In depth analysis of market dynamics and major factors such as drivers, restraints, opportunities and trends influencing the global market
•Global Isocyanurate Biocides Market revenue data historic and forecast analysis (2015 to 2027)
•Characterization and quantification of the market segments for Isocyanurate Biocides market
•Market share analysis of key market participants and their competitive landscape
Important Questions Answered By Global Isocyanurate Biocides Market Report
•What is the impact of COVID 19 epidemic on the Global Isocyanurate Biocides Market?
•Which is mostly affected region, country?
•Which is the current largest and fastest-growing region?
•What is the market size and growth rate of the Global Isocyanurate Biocides Market?
•What are current factors affecting the growth of market?
•What are Key trends and opportunity areas?
•Within Isocyanurate Biocides Market, which segments are fastest growing & emerging strongly? What are the drivers and restraints for each segment? What are vendor competencies by segment?
•What are the major strategies adopted by leading market companies?
•What are company challenges and essential success factors by market segment?
•How company offerings and supply chain capabilities are shifting to meet emerging market needs?
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