The global biocides market was valued USD 11.5 billion in 2021 and is projected reach USD 13.9 billion by 2027, at a CAGR of 3.9% between 2021 and 2027. Rising need for water treatment, growing demand from various applications such as food & beverage, paints & coatings etc, rapid growth in global population thus increasing the demand for clean water are some of the key factors fuelling the market growth. However, stringent regulations imposed on the usage of chlorine is hampering the market growth. Moreover, new novel manufacturing technologies, manufacturing of eco-friendly products having less adverse environmental impact are the major opportunities during the forecast period. Biocides are products or chemicals that are used to kill pests or microbes. Mold, bacteria, algae, insects, and rodents are commonly utilised to manage and kill hazardous and undesired species. Disinfectants, wood preservatives, rodenticides, antifouling agents (on boats), in-can preservatives, and other biocides are used in households and public locations such as hospitals and industries. Biocide preservation applications are at the forefront of the industry, consuming the most specialist biocides in terms of both volume and value. Global biocides market is surging owing to frequent acquisitions and launchings by the market players. For Instance, in 2019, Safic-Alcan and Lanxess collaborated in biocides in France. Safic-Alcan collaboration will further strengthen relationship with Lanxess and will make possible to promote original and alternative biocides solutions.