Expanding at a CAGR over 5% during the forecast period (2016-2024), the global biocides market is projected to reach nearly USD 12980.8 million by 2024.
Global activated bleaching earth industry is likely to foresee growth on account of increasing usage of product as a decolorizing agent in refining of animal fats, vegetable oils, mineral oils and wax.
A corrosion inhibitor is a composition of various chemical compounds.When applied on a metal surface, it reduces the rate of corrosion.
Nitrogen Trifluoride (NF3) market is expected to reach over USD 1.20 billion by 2020 owing to growing demand in electrical & electronics applications. NF3 is used as a cleansing agent for silicon wafers in solar energy appliances and semiconductors which are expected to drive demand over the forecast period.