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Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....
Biocides Market size was valued at US$ 11.8 billion in 2023 and is poised to grow at a significant CAGR of 5.2% during 2024-2030. Biocides are chemicals used to disinfect, kill, and inhibit the growth of microorganisms such as fungus, bacteria, and viruses. This substance is typically mixed with other materials for use in consumer goods, paints and coatings, and water treatment sectors. Based on their raw material source, they are classified as natural biocide or synthetic biocide. Increasing consumer awareness of cleanliness and self-hygiene is driving up product demand.
Moreover, people's sensitivity to allergens and dust is opening up new markets for biocides. The widespread use of wood in buildings in the residential, commercial, and industrial sectors has aided the spread of biocides in wood preservation. However, during the last few years, product usage has revealed negative health impacts, leading to public health worries. Chemical Ranking and Scoring (CRS) procedures have been implemented internationally for effective product management to restrict the movement of biocides and monitor the consumption and handling of diverse biocide products. CRS gives data on aspects such as toxicity and exposure to different biocide agents. Many governments in all main areas have implemented rules and regulations to reduce the negative impacts of biocides, which can stifle market growth.
Study Period
2024-2030Base Year
2023CAGR
5.2%Largest Market
Asia PacificFastest Growing Market
North-America
Biocides are increasingly being used in a variety of sectors. Cooling towers are an important application area for biocides in power plants, mining, and chemical facilities, as cooling water systems provide an ideal habitat for microbe development. Slime formation refers to the uncontrolled development of microorganisms on surfaces. Slimes are made up of both biological and non-biological components. The biological component is called biofilm, and it is made up of microbial cells and their byproducts.
The global biocides market in Asia Pacific held the highest share, and it is expected to grow at a significant rate in the coming years. Due to the increasing manufacture of disinfectants, notably during the COVID-19 epidemic, and the high demand for application-specific cleaning solutions. Antimicrobial compounds with high activity are required for disinfectants used in industrial, commercial, or residential settings. This has increased the need for cost-effective and efficient biocide active compounds significantly. Pulp and paper are predicted to see an increase in demand for biocides, owing to increased high-end paper production, significant recycling, and tighter laws governing the pulp and paper industry's effluent emissions.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 11.8 billion |
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Market CAGR |
5.2% |
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By Type |
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By Application |
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By Region |
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The biocides market size was valued at US$ 11.8 billion in 2023 and is poised to grow at a significant CAGR of 5.2% over 2024-2030
Vink Chemicals GmbH & Co. KG, Thor Group Limited, and Lanxess AG are a few leading market players.
High demand from the consumer for household cleaner, food & personal care products along with the rising medical application is an important market trend.
Asia Pacific dominated the global market in 2022.
| 1. Executive Summary |
| 2. Global Biocides Market Introduction |
| 2.1. Global Biocides Market – Taxonomy |
| 2.2. Global Biocides Market –Definitions |
| 2.2.1. Type |
| 2.2.2. Application |
| 2.2.3. Region |
| 3. Global Biocides Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Biocides Market Dynamic Factors - Impact Analysis |
| 3.6. Impact of COVID 19 on The Market |
| 3.7. Three Forecast Scenarios - Pessimistic, Conservative and Opportunistic |
| 3.8. Mapping Market Players Activities |
| 3.9. Recent Key Developments |
| 3.10. Financial Status of the Market Players |
| 3.11. Recent Acquisitions, Collaborations and Mergers |
| 4. Global Biocides Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Million) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Biocides Market Forecast, By Type, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Million) |
| 5.1. Halogen Compounds |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Million) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Quaternary Ammonium Compounds |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Million) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Metallic Compounds |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Million) |
| 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Phenolic |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Million) |
| 5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Organic Acids |
| 5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Million) |
| 5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 5.6. Organosulfur |
| 5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Million) |
| 5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.6.3. Market Opportunity Analysis |
| 5.7. Others |
| 5.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Million) |
| 5.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.7.3. Market Opportunity Analysis |
| 6. Global Biocides Market Forecast, By Application, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Million) |
| 6.1. Water Treatment |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Million) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Food and Personal Care Products |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Million) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Cleaning Products |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Million) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Furniture and Furnishings |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Million) |
| 6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Clothing and Textiles |
| 6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Million) |
| 6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Leather and Suede |
| 6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Million) |
| 6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 6.7. Paints and Coatings |
| 6.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Million) |
| 6.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.7.3. Market Opportunity Analysis |
| 6.8. Fuel Preservatives |
| 6.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Million) |
| 6.8.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.8.3. Market Opportunity Analysis |
| 6.9. Other |
| 6.9.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Million) |
| 6.9.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.9.3. Market Opportunity Analysis |
| 7. Global Biocides Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Million) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Million) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Million) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia-Pacific |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Million) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Latin America |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Million) |
| 7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Middle East and Africa |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Million) |
| 7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Global Biocides Market - Opportunity Analysis Index, By Type, Distribution Channel, Distribution Channel, and Region, 2024 - 2030 |
| 8. North America Biocides Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Million) |
| 8.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Million), Y-o-Y Growth (%) and Market Share (%) |
| 8.1.1. Halogen Compounds |
| 8.1.2. Quaternary Ammonium Compounds |
| 8.1.3. Metallic Compounds |
| 8.1.4. Phenolic |
| 8.1.5. Organic Acids |
| 8.1.6. Organosulfur |
| 8.1.7. Others |
| 8.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Million), Y-o-Y Growth (%) and Market Share (%) |
| 8.2.1. Water Treatment |
| 8.2.2. Food and Personal Care Products |
| 8.2.3. Cleaning Products |
| 8.2.4. Furniture and Furnishings |
| 8.2.5. Clothing and Textiles |
| 8.2.6. Leather and Suede |
| 8.2.7. Paints and Coatings |
| 8.2.8. Fuel Preservatives |
| 8.2.9. Others |
| 8.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Million) Y-o-Y Growth (%) and Market Share (%) |
| 8.3.1. U.S. |
| 8.3.2. Canada |
| 8.4. North America Biocides Market - Opportunity Analysis Index, By Type, Application and Country, 2024 - 2030 |
| 8.5. North America Biocides Market Dynamics – Trends |
| 9. Europe Biocides Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Million) |
| 9.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Million), Y-o-Y Growth (%) and Market Share (%) |
| 9.1.1. Halogen Compounds |
| 9.1.2. Quaternary Ammonium Compounds |
| 9.1.3. Metallic Compounds |
| 9.1.4. Phenolic |
| 9.1.5. Organic Acids |
| 9.1.6. Organosulfur |
| 9.1.7. Others |
| 9.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Million), Y-o-Y Growth (%) and Market Share (%) |
| 9.2.1. Water Treatment |
| 9.2.2. Food and Personal Care Products |
| 9.2.3. Cleaning Products |
| 9.2.4. Furniture and Furnishings |
| 9.2.5. Clothing and Textiles |
| 9.2.6. Leather and Suede |
| 9.2.7. Paints and Coatings |
| 9.2.8. Fuel Preservatives |
| 9.2.9. Others |
| 9.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Million) Y-o-Y Growth (%) and Market Share (%) |
| 9.3.1. Germany |
| 9.3.2. UK |
| 9.3.3. France |
| 9.3.4. Italy |
| 9.3.5. Spain |
| 9.3.6. Rest of Europe |
| 9.4. Europe Biocides Market - Opportunity Analysis Index, By Type, Application and Country, 2024 - 2030 |
| 9.5. Europe Biocides Market Dynamics – Trends |
| 10. Asia-Pacific Biocides Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Million) |
| 10.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Million), Y-o-Y Growth (%) and Market Share (%) |
| 10.1.1. Halogen Compounds |
| 10.1.2. Quaternary Ammonium Compounds |
| 10.1.3. Metallic Compounds |
| 10.1.4. Phenolic |
| 10.1.5. Organic Acids |
| 10.1.6. Organosulfur |
| 10.1.7. Others |
| 10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Million), Y-o-Y Growth (%) and Market Share (%) |
| 10.2.1. Water Treatment |
| 10.2.2. Food and Personal Care Products |
| 10.2.3. Cleaning Products |
| 10.2.4. Furniture and Furnishings |
| 10.2.5. Clothing and Textiles |
| 10.2.6. Leather and Suede |
| 10.2.7. Paints and Coatings |
| 10.2.8. Fuel Preservatives |
| 10.2.9. Others |
| 10.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Million) Y-o-Y Growth (%) and Market Share (%) |
| 10.3.1. Japan |
| 10.3.2. China |
| 10.3.3. India |
| 10.3.4. ASEAN |
| 10.3.5. Rest of Asia-Pacific |
| 10.4. Asia-Pacific Biocides Market - Opportunity Analysis Index, By Type, Application and Country, 2024 - 2030 |
| 10.5. Asia-Pacific Biocides Market Dynamics – Trends |
| 11. Latin America Biocides Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Million) |
| 11.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Million), Y-o-Y Growth (%) and Market Share (%) |
| 11.1.1. Halogen Compounds |
| 11.1.2. Quaternary Ammonium Compounds |
| 11.1.3. Metallic Compounds |
| 11.1.4. Phenolic |
| 11.1.5. Organic Acids |
| 11.1.6. Organosulfur |
| 11.1.7. Others |
| 11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Million), Y-o-Y Growth (%) and Market Share (%) |
| 11.2.1. Water Treatment |
| 11.2.2. Food and Personal Care Products |
| 11.2.3. Cleaning Products |
| 11.2.4. Furniture and Furnishings |
| 11.2.5. Clothing and Textiles |
| 11.2.6. Leather and Suede |
| 11.2.7. Paints and Coatings |
| 11.2.8. Fuel Preservatives |
| 11.2.9. Others |
| 11.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Million) Y-o-Y Growth (%) and Market Share (%) |
| 11.3.1. Brazil |
| 11.3.2. Argentina |
| 11.3.3. Rest of Latin America |
| 11.4. Latin America Biocides Market - Opportunity Analysis Index, By Type, Application and Country, 2024 - 2030 |
| 11.5. Latin America Biocides Market Dynamics – Trends |
| 12. Middle East and Africa Biocides Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Million) |
| 12.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Million), Y-o-Y Growth (%) and Market Share (%) |
| 12.1.1. Halogen Compounds |
| 12.1.2. Quaternary Ammonium Compounds |
| 12.1.3. Metallic Compounds |
| 12.1.4. Phenolic |
| 12.1.5. Organic Acids |
| 12.1.6. Organosulfur |
| 12.1.7. Others |
| 12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Million), Y-o-Y Growth (%) and Market Share (%) |
| 12.2.1. Water Treatment |
| 12.2.2. Food and Personal Care Products |
| 12.2.3. Cleaning Products |
| 12.2.4. Furniture and Furnishings |
| 12.2.5. Clothing and Textiles |
| 12.2.6. Leather and Suede |
| 12.2.7. Paints and Coatings |
| 12.2.8. Fuel Preservatives |
| 12.2.9. Others |
| 12.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Million) Y-o-Y Growth (%) and Market Share (%) |
| 12.3.1. Saudi Arabia |
| 12.3.2. GCC Countries |
| 12.3.3. South Africa |
| 12.3.4. Rest of MEA |
| 12.4. MEA Biocides Market - Opportunity Analysis Index, By Type, Application and Country, 2024 - 2030 |
| 12.5. MEA Biocides Market Dynamics – Trends |
| 13. Competition Landscape |
| 13.1. Strategic Dashboard of Top Market Players |
| 13.2. Company Profiles (Introduction, Financial Analysis, Type Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 13.2.1. Troy Corp. |
| 13.2.2. Chemtreat, Inc. |
| 13.2.3. Neogen Corp. |
| 13.2.4. Finoric LLC |
| 13.2.5. Shanghai Zhongxin Yuxiang Chemicals Co. Ltd. |
| 13.2.6. Iro Group Inc. |
| 13.2.7. Hubei Jinghong Chemicals Co. Ltd. |
| 13.2.8. Wuxi Honor Shine Chemical Co. Ltd. |
| 13.2.9. Albemarle Corporation |
| 13.2.10. Lubrizol |
| 13.2.11. BASF SE |
| 13.2.12. Solvay SA |
| 13.2.13. Lanxess AG |
| 13.2.14. Lonza |
| 14. Research Methodology |
| 15. Key Assumptions and Acronyms |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.