Biocides market is expected to reach US$ 15.48 Bn. in 2029 from US$ 11.84 Bn. in 2022, with a CAGR of 3.9% for the period 2023-2029.
Biocides Market Overview:
The “Global Biocides Market Analysis” is a detailed examination of the Biocides market, with an emphasis on global market trends and analysis. The purpose of this research is to offer an overview of the Biocides industry as well as complete market segmentation by segment and geography. Over the forecast period, the Biocides market is predicted to increase substantially. The study includes key data on the market positions of the top Biocides organizations, as well as significant industry trends and prospects.
Biocides Market Scope:
Top-down and bottom-up approaches are used to validate the market size and estimate market size by segment. The market estimations in the research are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). Weights based on usage rate and average sale price are applied to each area to generate percentage splits, market shares, and segment breakdowns. The country-wise divisions of the overall market and its sub-segments are determined by the percentage adoption or usage of the specified market Size in the relevant area or nation.
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Biocides Market Dynamics:
Increasing Powder Coating Adoption
With the development of powder coatings, the paints and coatings industry, which has been in upheaval due to the presence of lead in paints, has boosted its capacities. The range of biocide applications in the paints and coatings industry has increased as a result of a developing new front. With a global CAGR of 6.10 percent anticipated through 2025, the powder coatings industry is a significant growth driver for the biocides market demand. The market is benefiting from a significant trend in this sector as automobile OEMs switch to coatings in powder form for labor and cost reasons.
Biocides Market Segmentation:
by Type
Metallic Compounds
Halogen-Based Biocides
Organic Acids
Sulphones
Phenol-Based Biocides
Others
by End-Use Industry
Food & Beverages
Construction
Agriculture
Pharmaceutical
Personal Care
Water Treatment
Paints & Coatings
Home Care
Others
by Application
Water Treatment
Municipal Water Treatment
Oil & Gas
Power Plants
Pulp & Paper
Swimming pools
Mining
Other Water Treatment
Household, Industrial & Institutional Cleaning and Home Care
Paints & Coatings
Wood Preservatives
Others
Biocides Market Key Players:
Primary and secondary research is used to identify industry giants, while primary and secondary research is used to estimate market revenue. In-depth interviews with thought leaders and industry professionals, including experienced front-line staff, CEOs, and marketing specialists, were conducted as part of the core study. The secondary study included an analysis of annual and financial reports from well-known manufacturers. Secondary data is used to compute percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then compared to original data. The firms listed below are involved in the Biocides industry.
1. Bayer Material Science
2. BASF SE
3. Berkshire Hathaway
4. Clariant Ag
5. Corbion N.V.
6. DUPONT
7. Kemin Industries, Inc.
8. Kerry
9. Lanxess Ag
10.Lonza Group Ag
11.Nouryon
12.Solvay Sa
13.Thor Group Limited
14.Ecolab Inc.
15.Solenis
16.Veolia
17.Sigura Water
18.Italmatch chemicals
19.Albemarle Corporation
20.ICL Group
21.Accepta Water Treatment
22.Buckman Laboratories Interanational Inc.
23.B&V Chemicals
24.Kimberlite Chemicals
25.Kurita Water Industries
26.Melzer Chemicals Pvt. Ltd.
27.Momar Inc.
28.Ozone Tech Systems
29.Chemicrea Inc
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Biocides Market Regional Analysis:
The research focuses on geographic analysis, which is further divided into sub-regions and nations. This component of the research includes profit estimates and market share figures for each nation. This section of the research looks at each region’s and country’s share and growth rate throughout the anticipated time period.
After analyzing political, economic, social, and technological factors affecting the Biocides market in various sectors, the research presents a complete PESTEL analysis for all five regions, including North America, Europe, Asia Pacific, the Middle East, Africa, and South America.
COVID-19 Impact Analysis on Biocides Market:
The COVID-19 virus has altered customer behavior in all aspects of society. Businesses, on the other hand, must adjust their strategy to account for shifting market supply. This analysis gives an outline of COVID-19’s impact on the Biocides market and will help you build your business in compliance with the new industry standards.
The Biocides Market Report presents thorough research spanning from the agile supply chain and trade limitations to regional government regulations and the firm’s future influence under the COVID-19 Impact section. Primary market research (2022-2029), examples of venture rivalry, the advantages and disadvantages of huge business channels, and industry growth trends (2022-2029) are all offered.
Key Questions Answered in the Biocides Market Report are:
- What is the size of the Biocides market?
- Which regional market will take the lead in the next years?
- Which application category is likely to grow the most quickly?
- What growth prospects could exist in the Biocides business in the next years?
- What would be the most significant future obstacles for the Biocides market?
- Who are the market leaders in the category Biocides?
- What are the key trends impacting market growth?
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