The global biocides market size was valued at USD 8.5 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 4.2% from 2023 to 2030. 

The growth is driven by the consumer product segment wherein biocides are used in cleaning products, cosmetics & wipes, disinfectants, toothpaste, and laundry detergents, to name a few. Further, biocides are observed to be increasingly used in preservatives, disinfectants, insecticides, antiseptics, fungicides, and herbicides.

Biocides are significantly used in the disinfection of food containers, surfaces or pipes utilized in food logistics and more. Increasing innovations by various multinationals to expand their product portfolio and minimize hazard caused by biocides, coupled with growing preference for natural biocides, shall lead to broader consumption of the product over the coming years.

U.S. remains the dominant market for the North America biocides industry, primarily driven by the demand from the water treatment and wood preservation markets. U.S. regulations regarding water quality strict, and these support the application of EPA registered biocides in water treatment plants. Blue Plains Advanced WWTP is one of the key water treatment plants in U.S., engaged in the consumption of biocides.

Gather more insights about the market drivers, restrains and growth of the Biocides Market

Biocides Market Report Highlights

• The quaternary ammonium compounds product segment is the fastest growing product segment with a CAGR of 5.6 % on the account of their use in food & beverage, leather, textile, water treatment, and coatings among others. QACs depending on their structure and adjuncts and diversified fields of applications are expected to drive the segment growth

• Halogen compounds have dominated the product market with the highest revenue share of 25.0% in 2022. The demand for halogens due to its potent antibacterial and oxidizing capabilities, which make it ideal for use in municipal drinking water plants and wastewater treatment facilities, among other places

• Water treatment emerged as the fastest growing region with a CAGR of 6.0%. The growth is attributed to utilization of product in reverse osmosis and desalination treatment processes

• The Asia Pacific region witnessed the fastest growth rate of 5.4% in 2022. This is attributed to many factors such as the increased manufacturing of disinfectants, post COVID-19 pandemic effects, and presence of large number of end-users

• Players like BASF SE and Dow Inc. exhibit strong supply chain integration in the market with involvement in raw material manufacturing

Browse through Grand View Research's Disinfectants & Preservatives Industry Research Reports.

• The caustic soda market size was valued at USD 45.7 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2030. 

• The global propionic acid market size was valued at USD 1.11 billion in 2023 and is projected to grow at a CAGR of 3.4% from 2024 to 2030.

Biocides Market Segmentation

Grand View Research has segmented the global biocides market on the basis of product, end-use, and region:

Biocides Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Halogen Compounds

• Metallic Compounds

• Organosulfur

• Organic Acids

• Quaternary Ammonium Compounds

• Phenolic

• Nitrogen

• Glutaraldehyde

Biocides End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Water Treatment

• Food and Beverage

• Personal Care

• Wood Preservation

• Paints and Coatings

• Plastics

• HVAC

• Boilers

• Oil and Gas

• Fuels

• Pulp and Paper

• Cleaning Products

Biocides Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• North America

o U.S.

o Canada

o Mexico

• Europe

o Germany

o UK

o France

o Spain

o Italy

• Asia Pacific

o China

o India

o Japan

o South Korea

• Central & South America

o Brazil

o Argentina

• Middle East & Africa

o Saudi Arabia

o South Africa

Order a free sample PDF of the Biocides Market Intelligence Study, published by Grand View Research.