Biocides Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

$ PRICE - $ 3,000.00$ 8,900.00

Biocides Market by Type (Oxidizing Biocides, Non-Oxidizing Biocides, Others), by Application (Water Treatment (Municipal Water Treatment, Oil & Gas, Power Plants, Pulp & Paper, Swimming Pools, Mining, Others), Household & Personal Care, Paints & Coatings (Marine Coatings and Other Paints & Coatings), Wood Preservatives, Others), and Geography

 

$ PRICE - $ 3,000.00$ 8,900.00
Clear selection
Clear
$ PRICE - $ 3,000.00$ 8,900.00
FacebookTwitterLinkedinEmail

Report

Description

The biocides market is valued at USD 11.8 billion in 2021 and is poised to grow at a significant CAGR of 6.3% over 2022–2028. The creation of synergistic chemistries for product diversity, innovation, improved performance, and application expansion, together with ongoing R&D investments, are all responsible for the rise. Third-party distribution channels have been fueled by increased penetration and the primary manufacturers’ focus on specialized consumers. Distributors have expanded their investment in cutting-edge technologies and digital solutions to boost their competitiveness. The industry is dominated by direct B2B distribution of the product because most of the industry end-users are in the fields of pulp and paper, food and beverage, wood preservation, personal care, paints and coatings, plastics, oil & gas, boilers, and fuels. Manufacturers might obtain an advantage over rivals by adhering to industry norms and clients’ specific requirements. Every application’s demand fluctuates over time in response to seasonality fluctuations. For example, the pulp and paper industry has adopted oxidizing biocides more frequently due to their efficiency and affordable price tags, which has increased manufacturers’ propensity for oxidizing biocides. Water treatment and pharmaceuticals have been expanding the use of on-site-generation technologies for oxidizing biocides, such as chlorine dioxide on-site generation. To remain competitive in the global market, the leading competitors implement various methods, including product launches, company expansions, acquisitions, and joint ventures. One example is BASF, which doubled the annual capacity for higher carboxylic acids from 55,000 metric tonnes to 68,000 metric tonnes. Isononanoic Acid (INA) and 2-Ethylhexanoic Acid are two of the carboxylic acids included in these (2-EHA). In some formulations, EHA is also utilized as a building block to create plasticizers, PVC stabilizers, lubricants, biocides, cosmetics, and drying additives for coatings. Additionally, Lanxess purchased Itibanyl Produtos Especiais Ltd. in 2020. (IPEL). It is one of the top producers of biocides in Brazil. By making this acquisition, LANXESS solidifies its position as one of the top producers of antimicrobial active ingredients and formulations worldwide.

Recent Market Developments:

In January 2021, LANXESS has acquired a French company Intace SAS as part of their expansion in holding their position as one of the leading manufacturers of biocides. Intace SAS is a French company specialized in the formulation and applications of fungicides and biocides for packaging industries. LANXESS has completed the acquisition and is expecting to have a stronghold in biocides manufacturing and applications

Biocides Market

MARKET SUMMARY
-
3.9%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 3.9%
  • Largest Market– North-America
  • Fastest Growing Market– Asia pacific

Biocides Market

  • The global biocides market report gives comprehensive outlook on Biocides across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
  • The report on global biocides market gives historical, current, and future market sizes (US$ Bn) on the basis of type, application, and region.
  • Key stakeholders of the global Biocides market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global biocides products.
Key Players
  • Clariant AG
  • BASF SE
  • DowDuPont Inc.
  • Lanxess AG
  • Solvay S.A.
  • AkzoNobel N.V.
Biocides Market Dynamics

In several industries, the use of biocides has significantly expanded. One of the central locations where biocides are used in power plants, mines, and chemical industries is in cooling towers since cooling water systems are ideal for the growth of microorganisms. The term “biofilm” refers to the film-like form of this microbial proliferation. Biofilms can foul equipment and hurt its functionality, and they can speed up corrosion and even pierce the surfaces of cooling towers and heat exchangers. Microbially influenced corrosion caused by biofilms is the corrosion of metal surfaces that have been contaminated (MIC). Because of sulfate-reducing bacteria, the metal infrastructure used for oil and gas processing undergoes MIC in the oil and gas industry (SRB). Low oxygen levels and stagnant liquid inside the pipelines both contribute to the formation of SRB. Due to their widespread use in the production of home, industrial, and institutional (HI&I) cleaning products such as disinfection wipes, sprays, and other cleaning liquids, the demand for oxidizing & non-oxidizing biocides has increased. However, a costly and lengthy registration process could limit the market.


North-America Got Significant Share

Biocides Market

The biocides market in North America has accounted for significant revenue share in 2021, and it is predicted to increase rapidly. Changed regulations and an increase in R&D efforts among producers, formulators, and end-users are anticipated to impact the growth of the regional market in North America. The expanding local demand and increased exports to western markets are the main drivers of growth in the APAC area. The market in this region is being driven by the rising demand for biocide products from the water treatment, home and personal care, paints & coatings, and food & beverage industries. In the APAC region, China holds most significant market share. China's labour-intensive, high-tech chemicals industry has established itself as one that produces goods at low operating costs and uses economies of scale. The manufacturing sector in China has experienced exponential expansion due to these tactics, and the nation now consistently posts a sizable trade surplus.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Biocides Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Table Of Content


Report

Company Profile

  • Lonza AG
  • DuPont
  • LANXESS
  • Ecolab
  • BASF
  • Kemira OJY
  • Solvay
  • Nouryon
  • Solenis
  • Veolia

Description

The biocides market is valued at USD 11.8 billion in 2021 and is poised to grow at a significant CAGR of 6.3% over 2022–2028. The creation of synergistic chemistries for product diversity, innovation, improved performance, and application expansion, together with ongoing R&D investments, are all responsible for the rise. Third-party distribution channels have been fueled by increased penetration and the primary manufacturers’ focus on specialized consumers. Distributors have expanded their investment in cutting-edge technologies and digital solutions to boost their competitiveness. The industry is dominated by direct B2B distribution of the product because most of the industry end-users are in the fields of pulp and paper, food and beverage, wood preservation, personal care, paints and coatings, plastics, oil & gas, boilers, and fuels. Manufacturers might obtain an advantage over rivals by adhering to industry norms and clients’ specific requirements. Every application’s demand fluctuates over time in response to seasonality fluctuations. For example, the pulp and paper industry has adopted oxidizing biocides more frequently due to their efficiency and affordable price tags, which has increased manufacturers’ propensity for oxidizing biocides. Water treatment and pharmaceuticals have been expanding the use of on-site-generation technologies for oxidizing biocides, such as chlorine dioxide on-site generation. To remain competitive in the global market, the leading competitors implement various methods, including product launches, company expansions, acquisitions, and joint ventures. One example is BASF, which doubled the annual capacity for higher carboxylic acids from 55,000 metric tonnes to 68,000 metric tonnes. Isononanoic Acid (INA) and 2-Ethylhexanoic Acid are two of the carboxylic acids included in these (2-EHA). In some formulations, EHA is also utilized as a building block to create plasticizers, PVC stabilizers, lubricants, biocides, cosmetics, and drying additives for coatings. Additionally, Lanxess purchased Itibanyl Produtos Especiais Ltd. in 2020. (IPEL). It is one of the top producers of biocides in Brazil. By making this acquisition, LANXESS solidifies its position as one of the top producers of antimicrobial active ingredients and formulations worldwide.

Recent Market Developments:

In January 2021, LANXESS has acquired a French company Intace SAS as part of their expansion in holding their position as one of the leading manufacturers of biocides. Intace SAS is a French company specialized in the formulation and applications of fungicides and biocides for packaging industries. LANXESS has completed the acquisition and is expecting to have a stronghold in biocides manufacturing and applications

ASIA PACIFIC OFFICE

Precision Business Insights, 5th Floor, Mohan’s Elite, Opp : Bharat Petroleum Pump, Khanamet Road, Hitech City, Hyderabad – 500084

EUROPE OFFICE

Precision Business Insights, Kemp House, 152 – 160 City Road, London EC1V 2NX