Biocides Market Dynamics:
Increasing Adoption of Powder Coatings:
The paints and coatings sector, which has been in turmoil due to the presence of lead in paints, has increased its capabilities with the introduction of powder coatings. With a growing novel front, the scope of biocide's application in the paints and coatings sector has been expanded even further. Powder Coatings Market is a major growth driver for biocides market demand, with a global CAGR of 6.10 percent projected through 2025. This category is a big trend that is positively impacting the market, with automotive OEMs shifting to powder form of coatings due to economic and labour efficiency.