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.
The global biocides market was valued at approximately USD 13.2 billion in 2022, with a compound annual growth rate (CAGR) of 4.8% projected from 2023 to 2028. This growth is driven by increasing demand for biocides in various applications, including water treatment, food and beverage processing, and healthcare. The expansion of industries such as construction and agriculture, coupled with stringent regulations regarding hygiene and safety standards, further fuels market growth. Significant investments in research and development are also enhancing the efficacy and range of biocidal products, catering to emerging needs and driving innovation in the sector.
Emerging markets present substantial opportunities for growth in the biocides industry. Regions such as Asia-Pacific are experiencing rapid industrialization and urbanization, leading to higher demand for effective biocidal solutions. Additionally, increasing awareness of environmental and health safety across these regions is contributing to market expansion. The rising focus on sustainable and eco-friendly biocides offers a promising avenue for growth, aligning with global trends towards greener chemical solutions. These factors are expected to open new avenues for market players and contribute to the overall expansion of the biocides market in the coming years.
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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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