Global Biocides Market- Market Overview:

The Global Biocides Market is expected to grow from USD 13.98 billion in 2022 to USD 23.13 billion thousand by 2030, at a CAGR of 6.5% during the Projection period 2023-2030. The growth of the Biocides market is mainly driven by a rise in the demand for halogen compounds for use in paints and coatings, pulp and paper, and water treatment.

Anti-microbial substances known as "biocides" are used to stop and manage the development of mold, bacteria, and viruses. Additionally, they are utilized as preservatives in soaps, face washes, cleansers, and conditioners as well as antiseptics to treat infections in mucous membranes and injured skin. Sterilizers, wood preservatives, rodenticides, anti-fouling agents, and in-can preservatives are a few of the biocides that are often used. They are produced utilizing phenols, organosulfur compounds, metallic compounds, and halogens. They thus have several uses in many different sectors, including wastewater treatment, food and beverage processing, personal care, wood preservation, paints and coatings, and building. Biocidal products include insect repellents, disinfectants, and industrial chemicals like anti-fouling coatings for ships and material preservatives. For instance, chlorine is used to clean swimming pools and as a short-term biocide in industrial water treatment. The treatment of industrial and municipal water supplies is the most significant application area for biocides in terms of volume. The use of biocides may have detrimental effects on the ecosystem. Anti-fouling coatings, especially those that include organic tin compounds like TBT, have been shown to have severe and long-term effects on marine ecosystems; as a result, these products are banned for use on commercial and leisurely vessels in many countries. Care must be taken when discarding old or unwanted biocides in order to prevent major permanent environmental harm.

Sample Request: - Global Biocides Market

Market Dynamics:

Drivers:                          

• Increasing demand in end-use industries for antimicrobial protection

In several industries, the usage of biocides has significantly expanded. One of the main locations where biocides are used in power plants, mines, and chemical industries is in cooling towers since cooling water systems are ideal for the development of microorganisms. Slime production is the process of uncontrolled microorganism growth on surfaces. Slimes are made up of both biological and non-biological components. Biofilm is the term for the biological component, which is made up of microbial organisms and their waste products.

Restraints:                                             

• Rising Costs of Raw Materials Impact the Market

Biocides are composed of a variety of chemicals, including ammonium compounds, halogens, iodine, and phenols. Rising chemical prices are posing restraints to market growth. Furthermore, Raw material and commodity prices are rising and volatile, affecting every industry. Materials suppliers are struggling to make a profit and are torn between raising prices and suffering cost increases. Given that raw materials can account for the loss of a company's costs, changes in raw material input costs cannot be ignored.

Opportunities:

• Developing opportunities for biocidal products

The market for biocides is indirectly driven by the need for water treatment due to rising water consumption brought on by population increase, shifting dietary patterns, and climate change. Since many microorganisms may survive chlorine treatment and hence increase the danger of outbreaks with detrimental effects, newer biocides, helpful for treating drinking water and wastewater, are replacing chlorine in many wastewater treatment facilities.

Challenges:

• Government restrictions impact the market

Government restrictions on the import and export of certain chemicals are expected to reduce production, limiting the market growth. These regulations are put in place to limit the harmful effects of these chemicals on the human body and health, as well as to protect and prevent the spread of water pollution as these chemicals are released into bodies of water. For example, the Labeling and Packaging Regulation, REACH, Classification, and the Biocidal Product Regulation were implemented to ensure the highest level of environmental and human health protection possible.

Segmentation Analysis:

The global Biocides Market has been segmented based on Product, Application, and Region.

By Product

The Product segment is Halogen Compounds, Metallic Compounds, Organosulfur, Organic acids, Quaternary Ammonium Compounds, Phenolic, Nitrogen, and Glutaraldehyde. The Halogen Compounds segment led the largest share of the Biocides Market with a market share of around 20% in 2022. This is due to the bases in biocide compositions using halogens like fluorine, chlorine, and iodine. Iodophor, a different iodine-based chemical, increases iodine's stability and biocidal effectiveness. Due to halogen's strong antibacterial and oxidizing properties, chlorine is one of the most often used halogens and is suited for use in municipal drinking water plants and wastewater treatment facilities, among other locations.

By Application

The Application segment is Water Treatment, Food and Beverage, Personal care, Wood Preservation, Paints and coatings, Plastics, and Others. Paints and coatings segment led the largest share of the Biocides Market with a market share of around 21% in 2022. This is explained by the product's extensive use in maritime coating applications, where the painted surface is frequently in contact with moisture and water. It is necessary to use biocides when applying water-borne paints and varnishes. A significant market share in paints and coatings anticipates attractive growth potential in the industry.

Global Biocides Market- Sales Analysis.

The sale of Biocides Market Products and Applications expanded at a CAGR of 3.5% from 2016 to 2022.

Due to rising fresh water consumption per person worldwide, there is an increase in the need for water treatment. Population growth has raised the need for water in many daily activities.

The government's efforts to provide access to clean water will drive the biocides industry in the years to come.

Modern buildings with intricate patterns often use molded glass and polymers because of their flexibility and lightweight. This has raised the demand for adhesives and sealants that are more vulnerable to microbial assault in finely constructed infrastructures outfitted with glass and polymers. Thus, the need for adhesives and sealants in the construction sector is expanding, which is driving up the usage of along preservatives and dry film fungicides and positively affecting the size of the biocides market.

Thus, owing to the aforementioned factors, the global Biocides Market is expected to grow at a CAGR of 6.5% during the Projection period from 2023 to 2030.

By Regional Analysis:

The regions analyzed for the Biocides Market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. Asia Pacific region dominated the Biocides Market and held a 38% share of the market revenue in 2022.

• The Asia Pacific region witnessed a major share. This is due to a variety of circumstances, including the increasing production of disinfectants in the Asia Pacific region, and the high demand for cleaning solutions designed specifically for particular applications. Antimicrobial agents with effective activity are required for disinfectants used in industrial, commercial, or residential applications. This has significantly increased the need for affordable and effective biocide-active chemicals in the Asia Pacific region. Due to increased high-end paper production, extensive recycling, and stricter rules governing the discharge of effluent from the pulp and paper industry, biocides are projected to be in higher demand in the pulp and paper sector in the Asia Pacific region.
• North America is anticipated to experience significant growth during the Projection period. The market for biocide products is predicted to be driven by a significant need for water treatment combined with a growing emphasis on ecologically safe solutions. The market for biocides in the North America region is anticipated to be driven by consumers' growing awareness of the need for safe skincare and home hygiene products. The tremendous growth of the US in sectors like construction is driving up lumber production there. Major drivers for the North American biocides industry will include planned projects like the Pensacola Bay Bridge, Tesla Cybertruck Factory, and the Central Subway in San Francisco.

Global Biocides Market- Country Analysis:

• Germany

Germany's Biocides Market size was valued at USD 3.12 billion in 2022 and is expected to reach USD 5.15 billion by 2030, at a CAGR of 3.9% from 2023 to 2030. Germany is dominating the biocides industry. This is a result of the region's growing need for biocides in the pharmaceutical and paint coating industries. The benefits of biocides in paints and coatings include the inhibition of microbiological development, preservation of dry films, and in-can preservation. Additionally, it aids in preventing the growth of fungi after the film has been generated and after the paint has dried. Therefore, it has become essential for the makers to apply the product in paints and coatings to prevent their degradation.

• China

China’s Biocides Market size was valued at USD 4.25 billion in 2022 and is expected to reach USD 6.39 billion by 2030, at a CAGR of 4.9% from 2023 to 2030.  

According to estimates, China is a major producer and user of biocides. The need for biocides in the nation has increased as a result of the industrial sector's rapid rise. Key end consumers are also present in the nation, which is promoting market expansion. Consumption of biocides is rising as a result of significant development in end-use sectors such as water treatment, paints and coatings, paper and pulp, disinfection, agrochemicals, and others.

• India

India's Biocides Market size was valued at USD 4.8 billion in 2022 and is expected to reach USD 5.9 billion by 2030, at a CAGR of 5.2% from 2023 to 2030. Given that Biocides Market may be utilized for both manufacturing and testing, this advancement is projected to aid in the market's growth in India. Applications for Biocides Market in the pharmaceutical industry have a promising future. Additionally, the nation has seen an expansion in the manufacturing sector, making it a prospective market for Biocides Market.

Key Industry Players Analysis:

To increase their market position in the global Biocides Market business, top companies focus on tactics such as adopting new products, mergers & acquisitions, Product developments, collaborations, partnerships, joint ventures, etc.       

• Lubrizol
• BASF SE
• Solvay SA
• Lanxess AG
• Lonza
• Troy Corp
• Chemtreat Inc
• Neogen Corp
• Finoric LLC

Latest Development:

• In January 2022, Suez, a company that specializes in water and waste management, has been bought by Veolia Group. Veolia Group can drive its revenue growth and biocides market expansion thanks to this acquisition.
• In January 2021, As part of their expansion and commitment to maintaining their position as one of the top producers of biocides, LANXESS AG purchased the French business Intace SAS. After completing the transaction, LANXESS AG anticipates having a substantial presence in the production and use of biocides.

Report Metrics

Report Attribute	Details
Study Period	2022-2030
Base year	2022
CAGR (%)	6.5%
Market Size	13.98 billion in 2022
Projection period	2023-2030
Projection unit	Value (USD)
Segments covered	By Product, By Application, and By Region.
Report Scope	Revenue Projection, competitive landscape, company ranking, growth factors, and trends
Companies covered	Lubrizol, BASF SE, Solvay SA, Lanxess AG, Lonza, Troy Corp, Chemtreat Inc, Neogen Corp, and Finoric LLC.
By Product	Halogen Compounds Metallic Compounds Organosulfur Organic acids Quaternary Ammonium Compounds Phenolic Nitrogen Glutaraldehyde
By Application	Water Treatment Food and Beverage Personal care Wood Preservation Paints and coatings Plastics Others
Regional scope	North America Europe Asia-Pacific South America Middle East and Africa

Scope of the Report

Global Biocides Market By Product:

• Halogen Compounds
• Metallic Compounds
• Organosulfur
• Organic acids
• Quaternary Ammonium Compounds
• Phenolic
• Nitrogen
• Glutaraldehyde

Global Biocides Market By Application:

• Water Treatment
• Food and Beverage
• Personal care
• Wood Preservation
• Paints and coatings
• Plastics
• Others

Global Biocides Market By Region:

• North America
  • USA
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
• Asia-Pacific
  • Japan
  • China
  • India
  • Korea
  • Southeast Asia
• South America
  • Brazil
  • Peru
• Middle East and Africa
  • UAE
  • South Africa
  • Saudi Arabia

Political Factors- The biocides market should carefully review the applicable tax regulations before deciding whether to expand. Industries that the government prioritises will benefit the most from tax policy. The governments of many developing nations are actively attempting to lower corporate taxes in order to attract foreign direct investment. The biocides market should take into account these nations because of their low tax rates, which will make it simpler to make money and spend on R&D, innovation, and new product development projects.

Economic Factors- When creating a company plan, gender norms prevalent in that society must also be taken into account. In order to avoid reactions from customers and society at large, marketing and advertising strategies in a largely patriarchal culture would be modified in accordance with prevalent patriarchal norms. The gender roles in that particular society may have an impact on the strategies for human resource management in the biocides market. It will be challenging for the company to achieve gender diversity at all management levels in nations where women are primarily regarded for taking care of household chores.

Social factors- The competencies and capabilities of the workforce have a significant impact on how well the battery separator industry performs. The biocides market requires skilled individuals to be on call in order to stay competitive. The biocides market should look at trends in labour demand and supply to determine how employees with the right skill set could be employed successfully. Strong worker unions and a constrained labour market can cause a number of problems for the battery separator business. For instance, it might compel the need for biocides to approve an unfair pay raise or it might halt production by calling for a strike. As a result, it's critical to evaluate the dynamics of the labour market, anticipate significant changes, and adjust talent management strategies as necessary.

Technological Factors- Because these countries make it easier for firms to pursue objectives like cost reduction, innovation, and value creation, the biocides market should favour those countries with superior technological infrastructure. The biocides market will find it more challenging to leverage technology to gain a persistent competitive advantage because it might be easily replicated by competitors, which is shown by a well-developed technological infrastructure. By making the right technical investments, the biocides market can enhance the client experience, create operational efficiencies, and position itself as an innovative firm.

Environmental Factors-  The biocides market ought to consider trends in labour supply and demand to figure out how to successfully employ people with the appropriate skill set. Numerous issues for the biocides industry might result from strong worker unions and a limited labour market. For instance, it may force the biocides market to accept an unreasonable pay hike or it could force a strike that would stop production. Therefore, it's essential to assess the dynamics of the labour market, foresee major changes, and modify talent.

Legal Factors- It is necessary to prevent both direct and indirect discrimination, so the appropriate procedures must be in place. In order to attract and keep top personnel in the biocides market, effective adherence to employment standards can help the industry advertise its reputation as an employer of choice. Rigid adherence to intellectual property regulations makes the business environment safer for industries like the battery separator industry since their patents are protected from copying, giving them a long-lasting competitive edge.

1. Introduction
   • 1. Objectives of the Study
   • 2. Market Definition
   • 3. Research Scope
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
   • 1. Porter’s Five Forces Analysis
   • 2. Value Chain Analysis
   • 3. Top Investment Pockets
     • 3.1. Market Attractiveness Analysis By Product
     • 3.2. Market Attractiveness Analysis By Application
     • 3.3. Market Attractiveness Analysis By Region
   • 4. Industry Trends
5. Market Dynamics
   • 1. Market Evaluation
   • 2. Drivers
     • 2.1. Increasing demand in end-use industries for antimicrobial protection
   • 3. Restraints
     • 3.1. Rising Costs of Raw Materials Impact the Market
   • 4. Opportunities
     • 4.1. Developing opportunities for biocidal products
   • 5. Challenges
     • 5.1. Government restrictions impact the market

6. Global Biocides Market Analysis and Projection, By Product
   • 1. Segment Overview
   • 2. Halogen Compounds
   • 3. Metallic Compounds
   • 4. Organosulfur
   • 5. Organic acids
   • 6. Quaternary Ammonium Compounds
   • 7. Phenolic
   • 8. Nitrogen
   • 9. Glutaraldehyde
7. Global Biocides Market Analysis and Projection, By Application
   • 1. Segment Overview
   • 2. Water Treatment
   • 3. Food and Beverage
   • 4. Personal care
   • 5. Wood Preservation
   • 6. Paints and coatings
   • 7. Plastics
   • 8. Others
8. Global Biocides Market Analysis and Projection, By Regional Analysis
   • 1. Segment Overview
   • 2. North America
     • 2.1. U.S.
     • 2.2. Canada
     • 2.3. Mexico
   • 3. Europe
     • 3.1. Germany
     • 3.2. France
     • 3.3. U.K.
     • 3.4. Italy
     • 3.5. Spain
   • 4. Asia-Pacific
     • 4.1. Japan
     • 4.2. China
     • 4.3. India
   • 5. South America
     • 5.1. Brazil
   • 6. Middle East and Africa
     • 6.1. UAE
     • 6.2. South Africa

9. Global Biocides Market-Competitive Landscape
   • 1. Overview
   • 2. Market Share of Key Players in the Biocides Market
     • 2.1. Global Company Market Share
     • 2.2. North America Company Market Share
     • 2.3. Europe Company Market Share
     • 2.4. APAC Company Market Share
   • 3. Competitive Situations and Trends
     • 3.1. Technology Launches and Developments
     • 3.2. Partnerships, Collaborations, and Agreements
     • 3.3. Mergers & Acquisitions
     • 3.4. Expansions

10. Company Profiles
    • Lubrizol
      • 1.1. Business Overview
      • 1.2. Company Snapshot
      • 1.3. Company Market Share Analysis
      • 1.4. Company Technology Portfolio
      • 1.5. Recent Developments
      • 1.6. SWOT Analysis
    • BASF SE
      • 2.1. Business Overview
      • 2.2. Company Snapshot
      • 2.3. Company Market Share Analysis
      • 2.4. Company Technology Portfolio
      • 2.5. Recent Developments
      • 2.6. SWOT Analysis
    • Solvay SA
      • 3.1. Business Overview
      • 3.2. Company Snapshot
      • 3.3. Company Market Share Analysis
      • 3.4. Company Technology Portfolio
      • 3.5. Recent Developments
      • 3.6. SWOT Analysis
    • Lanxess AG
      • 4.1. Business Overview
      • 4.2. Company Snapshot
      • 4.3. Company Market Share Analysis
      • 4.4. Company Technology Portfolio
      • 4.5. Recent Developments
      • 4.6. SWOT Analysis
    • Lonza
      • 5.1. Business Overview
      • 5.2. Company Snapshot
      • 5.3. Company Market Share Analysis
      • 5.4. Company Technology Portfolio
      • 5.5. Recent Developments
      • 5.6. SWOT Analysis
    • Troy Corp
      • 6.1. Business Overview
      • 6.2. Company Snapshot
      • 6.3. Company Market Share Analysis
      • 6.4. Company Technology Portfolio
      • 6.5. Recent Developments
      • 6.6. SWOT Analysis
    • Chemtreat Inc
      • 7.1. Business Overview
      • 7.2. Company Snapshot
      • 7.3. Company Market Share Analysis
      • 7.4. Company Technology Portfolio
      • 7.5. Recent Developments
      • 7.6. SWOT Analysis
    • Neogen Corp
      • 8.1. Business Overview
      • 8.2. Company Snapshot
      • 8.3. Company Market Share Analysis
      • 8.4. Company Technology Portfolio
      • 8.5. Recent Developments
      • 8.6. SWOT Analysis
    • Finoric LLC
      • 9.1. Business Overview
      • 9.2. Company Snapshot
      • 9.3. Company Market Share Analysis
      • 9.4. Company Technology Portfolio
      • 9.5. Recent Developments
      • 9.6. SWOT Analysis

List of Table

1. Global Biocides Market, By Product, 2023–2030 (USD Billion)
2. Global Halogen Compounds, Biocides Market, By Region, 2023–2030 (USD Billion)
3. Global Metallic Compounds, Biocides Market, By Region, 2023–2030 (USD Billion)
4. Global Organosulfur, Biocides Market, By Region, 2023–2030 (USD Billion)
5. Global Organic acids, Biocides Market, By Region, 2023–2030 (USD Billion)
6. Global Quaternary Ammonium Compounds, Biocides Market, By Region, 2023–2030 (USD Billion)
7. Global Phenolic, Biocides Market, By Region, 2023–2030 (USD Billion)
8. Global Nitrogen, Biocides Market, By Region, 2023–2030 (USD Billion)
9. Global Glutaraldehyde, Biocides Market, By Region, 2023–2030 (USD Billion)
10. Global Biocides Market, By Application 2023–2030 (USD Billion)
11. Global Water Treatment, Biocides Market, By Region, 2023–2030 (USD Billion)
12. Global Food and Beverage, Biocides Market, By Region, 2023–2030 (USD Billion)
13. Global Personal care, Biocides Market, By Region, 2023–2030 (USD Billion)
14. Global Wood Preservation, Biocides Market, By Region, 2023–2030 (USD Billion)
15. Global Paints and coatings, Biocides Market, By Region, 2023–2030 (USD Billion)
16. Global Plastics, Biocides Market, By Region, 2023–2030 (USD Billion)
17. Global Others, Biocides Market, By Region, 2023–2030 (USD Billion)
18. Global Biocides Market, By Region, 2023–2030 (USD Billion)
19. North America Biocides Market, By Product, 2023–2030 (USD Billion)
20. North America Biocides Market, By Application 2023–2030 (USD Billion)
21. USA Biocides Market, By Product, 2023–2030 (USD Billion)
22. USA Biocides Market, By Application 2023–2030 (USD Billion)
23. Canada Biocides Market, By Product, 2023–2030 (USD Billion)
24. Canada Biocides Market, By Application 2023–2030 (USD Billion)
25. Mexico Biocides Market, By Product, 2023–2030 (USD Billion)
26. Mexico Biocides Market, By Application 2023–2030 (USD Billion)
27. Europe Biocides Market, By Product, 2023–2030 (USD Billion)
28. Europe Biocides Market, By Application 2023–2030 (USD Billion)
29. Germany Biocides Market, By Product, 2023–2030 (USD Billion)
30. Germany Biocides Market, By Application 2023–2030 (USD Billion)
31. France Biocides Market, By Product, 2023–2030 (USD Billion)
32. France Biocides Market, By Application 2023–2030 (USD Billion)
33. UK Biocides Market, By Product, 2023–2030 (USD Billion)
34. UK Biocides Market, By Application 2023–2030 (USD Billion)
35. Italy Biocides Market, By Product, 2023–2030 (USD Billion)
36. Italy Biocides Market, By Application 2023–2030 (USD Billion)
37. Spain Biocides Market, By Product, 2023–2030 (USD Billion)
38. Spain Biocides Market, By Application 2023–2030 (USD Billion)
39. Asia Pacific Biocides Market, By Product, 2023–2030 (USD Billion)
40. Asia Pacific Biocides Market, By Application 2023–2030 (USD Billion)
41. Japan Biocides Market, By Product, 2023–2030 (USD Billion)
42. Japan Biocides Market, By Application 2023–2030 (USD Billion)
43. China Biocides Market, By Product, 2023–2030 (USD Billion)
44. China Biocides Market, By Application 2023–2030 (USD Billion)
45. India Biocides Market, By Product, 2023–2030 (USD Billion)
46. India Biocides Market, By Application 2023–2030 (USD Billion)
47. South America Biocides Market, By Product, 2023–2030 (USD Billion)
48. South America Biocides Market, By Application 2023–2030 (USD Billion)
49. Brazil Biocides Market, By Product, 2023–2030 (USD Billion)
50. Brazil Biocides Market, By Application 2023–2030 (USD Billion)
51. Middle East and Africa Biocides Market, By Product, 2023–2030 (USD Billion)
52. Middle East and Africa Biocides Market, By Application 2023–2030 (USD Billion)
53. UAE Biocides Market, By Product, 2023–2030 (USD Billion)
54. UAE Biocides Market, By Application 2023–2030 (USD Billion)
55. South Africa Biocides Market, By Product, 2023–2030 (USD Billion)
56. South Africa Biocides Market, By Application 2023–2030 (USD Billion)

List of Figures 

1. Global Biocides Market Segmentation
2. Biocides Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Biocides Market Attractiveness Analysis By Product
9. Global Biocides Market Attractiveness Analysis By Application
10. Global Biocides Market Attractiveness Analysis By Region
11. Global Biocides Market: Dynamics
12. Global Biocides Market Share By Product (2023 & 2030)
13. Global Biocides Market Share By Application (2023 & 2030)
14. Global Biocides Market Share by Regions (2023 & 2030)
15. Global Biocides Market Share by Company (2021)