Vendors to leverage product innovation to strengthen their foothold in the competitive market.
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five vendors for the global metal biocides market in their latest research report. This report also lists five other prominent vendors who are expected to contribute to this market’s growth between 2017-2021.
Competitive vendor landscape
The global market for metal biocides is characterized by the presence of well-diversified international, regional, and local vendors. The market space is dominated primarily by small and large vendors. Innovation, price, operational cost, and product quality are some of the key criteria that vendors in the market space compete upon. The major players have a vast geographic presence with large production facilities located globally. Some of the players can drive down the market prices because their manufacturing costs are lower than that of their competitors.
According to Ajay Adikhari, a lead analyst at Technavio for research on metals and minerals, “Financial, technological, and other resources of some of the suppliers are greater than that of their competitors which enables these players to better withstand the changes in market conditions. The competitive environment in the market is anticipated to intensify further in the coming years owing to technological innovations and the resultant increase in product extensions.”
Top five vendors in the metal biocides market space:
BASF offers chemicals and intermediates, including plasticizers, solvents, monomers, glues, and electronic chemicals. The company also offers raw materials for plastics, detergents, textile fibers, plant protection, pharmaceuticals, and paints and coatings industries. Its end-users include the automotive, construction, agriculture, oil, plastics, electrical and electronics, furniture, and paper industries.
Key products: Irgaguard.
The Dow Chemical Company
The Dow Chemical Company offers solutions for increased agricultural productivity, clean energy generation, clean water, and conservation. It also offers products, such as advanced materials, specialty chemicals, and AgroSciences.
Key products: KATHON CC Biocide, KATHON 893 W, and KATHON 886 MW.
Clariant is involved in the manufacture and distribution of a wide range of specialty chemicals. The company operates through plastics and coatings, care chemicals, natural resources, and catalysis and energy segments.
Key products: JMAC LP 10, JMAC S10, and JMAC Composite PG.
Lonza Group offers products for the pharmaceutical, biotechnology, and specialty ingredients markets globally. It mainly operates through specialty ingredients and pharma and biotech segments. The company’s specialty ingredients segment offers products such as consumer care products, biocides, disinfectants, sanitizers, and others. The pharma and biotech segment offers active pharmaceutical ingredients such as vaccines, cytokines, antibody fragments, and others.
Key products: Copper Omadine.
Troy Corporation mainly engages in the research, development, manufacture, and marketing of performance materials for industries globally. It manufactures preservatives such as wood protection additives for anti-sapstain, wood composite, millwork, engineered wood, and wood protection market segments. The company also produces performance additives for various applications, such as art materials, construction products, adhesives, coatings, inks, and polymer emulsions.
Key products: Troychem Zinc 8, Troychem Copper 8, Troymax Zinc 10, and Troymax Zinc 12.
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