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.
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“We set up a certain aim, and put ourselves of our own will into the power of a certain current. Once having done that, we find ourselves committed to usages and customs which we had not before fully known, but from which we cannot depart without giving up the end which we have chosen. But we have no right, therefore, to claim that we are under the yoke of necessity. We might as well say that the man whom we see struggling vainly in the current of Niagara could not have helped jumping in.”
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“The market came with the dawn of civilization and it is not an invention of capitalism.... If it leads to improving the well-being of the people there is no contradiction with socialism.”
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