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:
“Talent develops in quiet places, character in the full current of human life.”
—Johann Wolfgang Von Goethe (1749–1832)
“Writing ought either to be the manufacture of stories for which there is a market demand—a business as safe and commendable as making soap or breakfast foods—or it should be an art, which is always a search for something for which there is no market demand, something new and untried, where the values are intrinsic and have nothing to do with standardized values.”
—Willa Cather (1876–1947)