Current Market
The global demand on biocides for use in industrial and consumer goods was estimated at US$6.4 billion in 2008, roughly 3% up from the previous year. Affected by the global economic crisis, the market will remain quite sluggish by 2010. The industry overall is further burdened by ever stricter regulations. The market saw a wave of consolidation in 2008, as producers are looking for measures to control cost and to strengthen market position.
Read more about this topic: Biocide
Famous quotes containing the words current and/or market:
“We hear the haunting presentiment of a dutiful middle age in the current reluctance of young people to select any option except the one they feel will impinge upon them the least.”
—Gail Sheehy (b. 1937)
“When General Motors has to go to the bathroom ten times a day, the whole countrys ready to let go. You heard of that market crash in 29? I predicted that.... I was nursing a director of General Motors. Kidney ailment, they said; nerves, I said. Then I asked myself, Whats General Motors got to be nervous about? Overproduction, I says. Collapse.”
—John Michael Hayes (b. 1919)