Overview and Scope
Biocides refer to a chemical compound or a microorganism that is used to biologically or chemically eliminate, turn harmless, discourage, or control a dangerous organism. The biocides are used for a wide range of applications, such as adding them to cosmetics and personal care products, treating drinking water, treating skin infections, and protecting animal food from microorganisms. To keep systems secure, well-maintained, and operating at their best, chemical biocides are essential for ensuring water quality at all times.
Sizing and Forecast
The biocides market size has grown strongly in recent years. It will grow from $12.31 billion in 2024 to $13.08 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to growing population and urbanization, expansion of healthcare sector, increasing awareness of hygiene, rising concerns about water quality, stringent regulations on preservatives, preventive measures in agriculture..
The biocides market size is expected to see strong growth in the next few years. It will grow to $17.23 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to development of bio-based biocides, expansion of oil and gas exploration, demand in wood preservation, increasing consumer awareness, focus on antimicrobial textiles, growth in personal care products.. Major trends in the forecast period include increased use in water treatment, innovations in microbial control, biosecurity measures in agriculture, rise in antifouling solutions, emerging technologies in biocide delivery..
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Segmentation & Regional Insights
The biocides market covered in this report is segmented –
1) By Type: Oxidizing Biocides, Non-Oxidizing Biocides
2) By Grade: Food Grade, Pharmaceutical Grade, Industrial or Technical Grade
3) By End User: Agrochemicals, Food and Beverages, Water Treatment, Paints and Coatings, Wood Preservatives, Cleaning Agents, Other End Users
Top 5 Major Players:
- Chem Treat Inc.
- The Dow Chemical Company
- LANXESS AG
- Thor Group Limited
- BASF SE,
Asia-Pacific was the largest region in the biocides market in 2024. The regions covered in the biocides market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
An increase in the use of antimicrobial protection in end-use industries propels the growth of the biocide market. Antimicrobial protection refers to a substance that exhibits the capacity to lower or inhibit the levels of microorganisms, including bacteria and mold. The biocides have widespread applications as an antimicrobial, disinfectant, and preservative in the various end-use industries such as agrochemicals, food & beverages, water treatment, paints & coatings, cosmetics & personal care, oil & gas, and pulp & paper. In hospitals and other health institutions, the use of biocides is essential to avoid and control the spread of infectious diseases. For instance, according to the American Chemistry Council, a US-based industry trade association for American chemical companies, in September 2020, during the COVID-19 pandemic, more than 1,000 disinfectants were registered and deemed by the US EPA (Environmental Protection Agency) to be effective against COVID-19 virus. Therefore, an increase in the use of antimicrobial protection in end-use industries is driving the growth of the biocides market.
Key Industry Players
Major companies operating in the biocides market report are Chem Treat Inc., The Dow Chemical Company, LANXESS AG, Thor Group Limited, BASF SE, Kemira Oyj, Solvay SA, Nouryon Holding B.V., Solenis LLC, Veolia Environnement S.A., Troy Corporation, Sigma-Aldrich Corporation, BWA Water Additives, General Electric Company, Italmatch Chemicals S.p.A., Ecolab Inc., Evonik Industries AG, Clariant AG, Corbion NV, Kemin Industries Inc., Albemarle Corporation, Berkshire Hathaway Inc., Reckitt Benckiser Group plc, GOJO Industries Inc., Henkel AG & Co. KGaA, Unilever N.V., Akzo Nobel NV, Buckman Laboratories International Inc., Hexion Inc., Lonza Group Ltd.
The biocides market report table of contents includes:
1. Executive Summary
2. Biocides Market Characteristics
3. Biocides Market Trends And Strategies
4. Biocides Market – Macro Economic Scenario
5. Global Biocides Market Size and Growth
…..
31. Global Biocides Market Competitive Benchmarking
32. Global Biocides Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Biocides Market
34. Biocides Market Future Outlook and Potential Analysis
35. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Biocides Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Biocides Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Biocides Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
…..
Table 74: Chem Treat Inc. Financial Performance
Table 75: The Dow Chemical Company Financial Performance
Table 76: LANXESS AG Financial Performance
Table 77: Thor Group Limited Financial Performance
Table 78: BASF SE Financial Performance
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