Biocides Market was valued at USD 12.5 Billion in 2022 and is projected to reach USD 18.5 Billion by 2030, growing at a CAGR of 5.2% from 2024 to 2030.
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he biocides market has experienced significant growth from 2018 to 2022, driven by increasing demand across various industries such as water treatment, paints and coatings, and personal care products.n 2022, the global biocides market was valued at approximately USD 11.05 billion and is projected to register a rapid revenue CAGR of 4.2% during the forecast period.citeturn0search8/p>
ooking ahead, the market is expected to continue its upward trajectory from 2023 to 2033.he global biocides market was valued at $8.6 billion in 2023 and is projected to reach $13.1 billion by 2033, growing at a CAGR of 4.4% from 2024 to 2033.citeturn0search3/p>
his growth is attributed to several factors, including the increasing need for wastewater treatment solutions, the rising demand for clean and potable water, and regulatory compliance promoting the use of biocides to maintain health standards.citeturn0search12/p>
n the Middle East and Africa, particularly in GCC countries, the demand for biocides is anticipated to account for 30.7% of the total market share in the region.his surge is driven by the application of biocides in water treatment to ensure safe drinking water amidst water scarcity challenges.citeturn0search22/p>
he biocides market is projected to reach a value of US$ 12.5 billion by 2033, with a compound annual growth rate (CAGR) of 3.4% between 2023 and 2033.citeturn0search11/p>
n summary, the biocides market has demonstrated robust growth from 2018 to 2022 and is poised for continued expansion from 2023 to 2033, driven by increasing demand across various industries and regions.
Lonza
DowDuPont
Troy Corporation
ThorGmbh
Lanxess
Clariant
BASF
AkzoNobel
Nalco Champion
Albemarle
Kemira Oyj
GE(Baker Hughes)
Bio Chemical
Xingyuan Chemistry
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Biocides Market
Water Treatment
Food & Beverage
Personal Care
Wood Preservation
Paintings & Coatings
Others
Based on Types the Market is categorized into Below types that held the largest Biocides market share In 2023.
Disinfectants and General Biocidal Products
Preservatives
Pest Control
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Biocides Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Biocides Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Biocides Market, By Type
6. Global Biocides Market, By Application
7. Global Biocides Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Biocides Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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