INTACE is a manufacturer of fungicides and biocides for the protection of paper, board, non-wovens, textiles, and plastic. The company identifies species of mold, bacteria, and viruses in its laboratories and recommends specific treatment.On January 15th, 2021, INTACE was acquired by LANXESS. The terms of the transaction were not disclosed.
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Latest INTACE News
Dec 6, 2021
Request a Sample PDF Brochure: Acquisition of INTACE by LANXESS to Foster Growth LANXESS, a specialty chemicals firm, purchased INTACE SAS, a French firm, to expand its market share as one of the world's top producers of biocides and antimicrobials. The biocide firm, situated in Paris, makes specialist fungicides for the packaging sector. On January 14, 2021, LANXESS and the seller signed a memorandum of understanding to that effect. The parties have agreed to keep the acquisition price a secret. The acquisition is expected to close in the first quarter of 2021, according to LANXESS. The purchase will increase the biocides market share as INTACE anticipated revenue in half paid higher range by 2020. Paper, paperboard, soap packaging, labels, and banknotes are just a few of the applications for its goods. This business unit's products are utilized in a wide range of applications all around the world. The business unit delivers customer-specific solutions for diverse branches with its wide variety of active antibacterial agents and preservatives. Increasing Product Demand in Medical Applications to Open Up New Possibilities The medical business is expanding as a result of increased consumer awareness of health and cleanliness, which is creating market possibilities. This, together with economic growth, is encouraging businesses to use new technology in developing medical solutions. Biocides are chemicals that are added to disinfectants and cleansers used in hospitals and clinics to keep them clean and sterilized. Surgical equipment, tools, surfaces, and fittings are all cleaned with them. The increase in demand can be ascribed to the product's ability to suppress microbial development. Furthermore, the product is used in the food and beverage industry and the leather industry. Thus, growing demand for these products will enable the speedy expansion of the market. Paints & Coatings to Hold the Lion’s Share Based on type, the market is segmented into halogen compounds, quaternary ammonium compounds, metallic compounds, phenolic, organic acids, organosulfur, and others. Based on applications, the market is categorized into water treatment, food and personal care products, cleaning products, furniture and furnishings, clothing and textiles, leather and suede, paints and coatings , fuel preservatives, and others. Paints & coatings are expected to account for the largest share during the forecast period. The growth is attributed to its high utilization in the construction and automotive industry. Geographically, the market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Increased Consumption of Biocides to Boost Market in the Asia Pacific The rising demand for industrial and consumer applications will stimulate the market in the Asia Pacific North America is expected to expand radically during the forecast period due to the growing application of biocides in wood preservation. The increasing production of cars will elevate the market in Europe during the forecast period. The high demand and supply of products from the furniture, automotive, and construction industries will spur opportunities in Latin America and the Middle East and Africa. Browse Detailed Summary of Research Report with TOC: Thor Group Limited to Account for a High Share Thor Group Limited manufactures products for a wide range of industrial and consumer uses. To gain a competitive edge in the biocides market, leading manufacturers are employing techniques such as boosting brand recognition, growing regional presence, and launching new product offers. Companies are also investing in technology advancements in order to broaden their product offerings. Key Players Assessment in this Research: The report offers a detailed analysis of leading companies in the market across the globe. It provides details of the major vendors involved in this market A comprehensive overview of each company including the company profile generated revenue, pricing of goods, and the manufactured products is incorporated in the report. The facts and figures about market competitors along with standpoints of leading market players are presented in the report. The recent developments, mergers, and acquisitions related to mentioned key players are provided in the market report. Major Table of Contents: Read Related Reports: N-Propanol Market Size , Share & COVID-19 Impact Analysis, By Type (Ethylene Hydrogenation Method, Allyl Alcohol Hydrogenation Method, and Other Compounds Byproduct Method), By Application (Coatings, Food Additive, Pharmaceutical, Cosmetics, and Others) and Regional Forecast, 2021-2028 Point of Use Water Treatment Systems Market Size , Share & COVID-19 Impact Analysis, By Product Type (Under The Counter Filters, Counter Top Filters, Pitcher Filters, Faucet mounted Filters and Others), By Category (RO Filters, UV Filters, Gravity Filters, and Others), By Application (Residential and Light Commercial) and Regional Forecasts, 2021-2028 Fuel Additives Market Size , Share & COVID-19 Impact Analysis, By Type (Deposit Control, Cetane Improvers, Lubricity Improvers, Cold Flow Improvers, Stability Improvers, Octane Improvers, and Corrosion Inhibitors), By Application (Gasoline, Diesel, and Aviation Fuel), and Regional Forecast, 2021-2028 About Us: Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. 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INTACE Frequently Asked Questions (FAQ)
When was INTACE founded?
INTACE was founded in 1980.
Where is INTACE's headquarters?
INTACE's headquarters is located at 91, rue du Faubourg Saint Honoré, Paris.
What is INTACE's latest funding round?
INTACE's latest funding round is Acquired.
Who are the investors of INTACE?
Investors of INTACE include LANXESS.
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