Biocides Market, by Type (Halogen Compounds, Metallic Compounds, Organosulfur Compounds, Organic Acids, Phenolic and Nitrogen {Quaternary Ammonium Compounds}), Product (Oxidizing Biocides, Non-Oxidizing Biocides, and Others), Application (Disinfectants and Antiseptics, Water Treatment, Preservative, Antifouling, and Household and Personal care), End-Use Industry (Food and Beverage, Forest, Pesticides, Health and Medicine, Paints and Coatings, Animal Husbandry, Oil and Gas, and Water Management) and Region (North America, Europe, Asia Pacific, Middle East and Africa, South America) — Industry Trends and Forecast (2023-2032)

The Global Biocides Market was valued at USD 12.54 Billion in 2021 and is expected to grow at a CAGR of 3.90% during the forecast period. Biocides are mostly used to disinfect the areas that are in contact with bacteria and the areas closer to patients for cleaning purposes which are widening the market of global biocides and are anticipated to grow during the forecast period at a higher rate.

Biocides are having active chemical molecules to prevent or kill the bacteria that are in contact with humans or animals. They are having antibiotic properties which have an active substance of synthetic or natural origin which are used to eradicate the infections caused by bacteria and antimicrobial properties which is a prohibitive or deadly effect of an antibiotic. Biocides are used to prohibit bacteria that can become harmful to human or animal health or to the environment or any damage related to human activities.

Biocides are widely used in the food and beverage industry which helps in lowering the chances of food being rotten, kills bacteria in containers, and others. Biocides are biomaterials in laboratories that are gaining importance among researchers for this the demand for biocides in the European biocides market is increasing at a high rate.

Impact of COVID-19 Pandemic on Global Biocides Market

The coronavirus has impacted every industry in its own way. There is a global lockdown in the world to control the spread of the virus. But in the biocides industry, the impact of the pandemic is positive because of its various good properties. Like biocides are used for making hand rubs or sanitizers for survival purposes during the pandemic situation.

The world has no option left only to use alcohol-based sanitizers and these alcohol-based sanitizers are made from biocides. This pandemic has opened a huge market for the biocides industry to grow in this negative situation where most of the industries are not operating. The use of biocides will be increasing in the forecasted years also and the market is covering huge numbers.

Market Segmentation

The global biocides market report has been segmented by type, product, application, end-use industry and region.

TABLE 2: GLOBAL BIOCIDES MARKET OVERVIEW

FIGURE 1: GLOBAL BIOCIDES MARKET SEGMENTATION

Global Biocides Market, by Type

Based type, the market is segmented into halogen compounds, metallic compounds, organosulfur compounds, organic acids, phenolic, and nitrogen (quaternary ammonium compounds). Among these halogen compounds holds the maximum market share in 2021 and are anticipated to capture the market share during the forecasted period. Halogen is frequently used in antimicrobial components of hand rubs. Alcohol-based hand rubs which are made from halogen compounds considered the most effective agents for reducing the spreading of bacteria on the hands of healthcare workers and for sanitization purposes. The coronavirus pandemic has also increased the usage of alcohol-based hand rubs for survival and for this reason the market is also going to capture the largest numbers in the forecast period.

Global Biocides Market, by Product

Based on product, the market is segmented into oxidizing biocides, non-oxidizing biocides, and others. Among these, oxidizing biocides is one of the dominating segments in the biocides market in 2021 and is anticipated to remain dominant during the forecast period. The factors attributed to the growth of the market include its several advantages such as they are having the ability to kill microorganisms by the electrochemical process of oxidation. The oxidizing agent is such as chlorine pulls electrons in, while bacteria which is attacking loses electrons, and this electron causes the organism to die or prevent them to continue spreading. This factor is increasing the application of oxidizing biocides which are uplifting the global biocides market and the factors will make the market grow at a high rate in the coming years.

Global Biocides Market, by Application

Based on application, the market is segmented into disinfectants and antiseptics, water treatment, preservatives, antifouling, and household and personal care. Among these segments, disinfectant and antiseptic captures the largest market share in 2021 and are anticipated to remain the largest market during the forecast period. The growth of disinfectant and antiseptic is increasing by the use of biocides, which is crucial in preventing and controlling the widespread of infectious diseases in hospitals as well as in other health facilities.

Biocides are mostly used to clean patients as well as health professionals’ skin, the surfaces that could harbour bacteria or any instruments in contact with patients are disinfected by biocides. They are also used as antiseptics to treat infections in mucous membranes or damaged skin issues. Due to the increase in hospital facilities and health care systems the market of biocides is widening and is going to capture the largest market share in the forecasted period.

Global Biocides Market, by End-Use Industry

Based on the end-use industry, the market is segmented into food and beverage, forest, pesticides, medicine, paints and coatings, animal husbandry, and water management. Among these segments, the food and beverage industry widely used biocides in their daily activities, which captures the largest market share in 2021 and is going to hold the place according to the forecasted period.

Biocides are widely used as food preservatives and disinfectants, treating production plants, food containers as well as processing areas to control the microbial growth in food and drinks. With the increase of industrialization, food and beverage industries are widely growing because of consumers' demand for fast food and packaged food items which are widening the market of biocides and are going to remain highest in the forecast period.

Global Biocides Market, by Region

Europe captures the largest market in 2021 for biocides application and is going to hold this position in the forecasted period. Europe is the largest market for biocides in the healthcare and pharmaceuticals industry as they use biocides for various uses like to treat viruses, malaria, and other diseases. Where biocides play a great role as it has disinfectant properties which can help to treat patients and also useful in many surfaces for virus killing, inhibits the extension of activity of living organisms.

The growth factors attributed to the regional growth are the active ingredients of biocides that must be safe for humans, animals, and the environment also. Because of the antibacterial formulas, the citizens of Europe are using biocides to improve diseases like malaria and various other diseases.

Biocides are used as a biomaterial in laboratories which are gaining importance among researchers for this reason the demand for biocides in European market is capturing the largest market and growing at a higher rate.

Recent Developments in the Global Biocides Market

  • January 2021, Lanxess acquires with biocides specialist Intace SAS. To support its biocides business the company acquires Intace SAS, the Paris-based biocide company which is a producer of specialty fungicides for the packaging industry. Lanxess is going to reinforce its biocide technology platform for packaging and labels in the consumer goods industry.
  • January 2020, Thor Specialties innovated dry film biocide chemistries that allow offering competitive products more speedily to meet the industry’s stringent demands. The increase in demands for low or free Volatile Organic Compounds (VOC) industrial products requires that preservative efficacy is tested against fungal and algal defacement in paints and coatings.

What Does This Report Provide?

This report provides a detailed understanding of the global biocides market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the market. The major market drivers, challenges, and opportunities for the global biocides market have been covered in the report. This report further includes the market shares of the leading companies operating in the global market, along with their production capacities and the growth strategies adopted by them.

Market Segmentation:

By Type:

  • Halogen Compounds
  • Metallic Compounds
  • Organosulfur Compounds
  • Organic Acids
  • Phenolic
  • Nitrogen (Quaternary Ammonium Compounds)

By Product:

  • Oxidizing Biocides
  • Non-Oxidizing Biocides
  • Others

By Application:

  • Disinfectants and Antiseptics
  • Water Treatment
  • Preservative
  • Antifouling
  • Household and Personal care
  • Others

By End-Use Industry:

  • Food and Beverage
  • Forest
  • Pesticides
  • Health and Medicine
  • Paints and Coatings
  • Animal Husbandry
  • Water Management
  • Others

By Region:

North America Biocides Market

  • North America, by Country
    • U.S.
    • Canada
    • Mexico
  • North America, by Type
  • North America, by Application
  • North America, by End-Use Industry

Europe Biocides Market

  • Europe, by Country
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia
    • The Rest of Europe 
  • Europe, by Type
  • Europe, by Application
  • Europe, by End-Use Industry

Asia Pacific Biocides Market

  • Asia Pacific, by Country
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Rest of Asia Pacific 
  • Asia Pacific, by Type
  • Asia Pacific, by Application
  • Asia Pacific, by End-Use Industry

Middle East and Africa Biocides Market

  • Middle East and Africa, by Country 
    • The UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of Middle East and Africa
  • Middle East and Africa, by Type
  • Middle East and Africa, by Application
  • Middle East and Africa, by End-Use Industry

South America Biocides Market

  • South America, by Country 
    • Brazil
    • Argentina
    • The Rest of South America
  • South America, by Type
  • South America, by Application
  • South America, by End-Use Industry

Major Companies: In this report, the major companies studied are: Troy Corporation, Thor Specialities, Ashland Inc., Arch Chemicals, BASF SE, Akzo Novel N.V., Champion Technology Services, Inc., Lanxess, Albemarle Corporation, Clariant, Dow Microbial Control, and Lonza.

Objectives of this Report:

  • To estimate the market size for the biocides market on a regional and global basis.
  • To identify major segments in the biocides market and evaluate their market shares and demand.
  • To provide a competitive scenario for the biocides market with major developments observed by the key companies in the historic years.
  • To evaluate key factors governing the dynamics of biocides market with their potential growth during the forecast period.
  • To evaluate the leading company-wise pricing analysis for the mentioned applications.

Key Questioned Answered in the Study:

  • What are major growth drivers and market trends that impacting on the global biocides market?
  • What the market size both in terms of value and volume for global biocides market?
  • Who are leading market players and who are the new market players that operate in the global biocides market with an estimated market share?
  • What are the future investment pockets and opportunity in the global biocides market?
  • Major list of customers and potential futuristic customer list along with an estimated buying volume
  • Impact of COVID-19 on global biocides market

Customization:

This study is customized to meet your specific requirements:

  • By sub-segment
  • By client-specific country, type, and application market analysis
  • Pricing analysis along with the potential list of customers
  • Product-specific competitive analysis

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