Biocides Market Size Expected To Reach USD 16967.26 Million & CAGR of 5.07% By Forecast Period 0f 2022-2029 | Data Bridge Market Research

Biocides market

Data Bridge Market Research has published its latest report, “Global Biocides market Analyzing opportunities and forecasting the industry”. Biocides are products or chemicals used to kill pests or microbes. Molds, bacteria, algae, insects and rodents are commonly used to manage and kill dangerous and unwanted species. Disinfectants, wood preservatives, rodenticides, antifouling agents (on ships), can preservatives and other biocides are used in homes and public places such as hospitals and industries.

Data Bridge Market Research estimates that the biocides market was valued at USD 10,889.6 million in 2021 and will reach USD 16,967.26 million by 2029, growing at a CAGR of 5.7% during the forecast period 2022 to 2029. The market report by Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, price analysis, production consumption analysis and climate chain scenario.

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The Asia-Pacific biocides market is dominated by water treatment as a significant consumer of the product followed by cleaning products. Moreover, the increasing consumption of cleaning products, which is greatly supported by the increasing production of disinfectants, will further drive the growth of the biocides market in the region during the forecast period.

This market assessment file contains market information that provides an in-depth assessment of the chemicals and materials company and its impact based primarily on different programs and geographic regions.

Latest Development

  • In January 2021, as part of its expansion to maintain its position as one of the leading biocides producers, LANXESS acquired the French company Intace SAS. Intace SAS is a French company specialized in the formulation and application of fungicides and biocides for the packaging industry.

Some of the key players operating in the biocides market are:

  • Lubrizol Corporation (USA)
  • BASF SE (Germany)
  • Clariant (Switzerland),
  • Cortec Corporation (USA)
  • Dow (USA)
  • Akzo Nobel NV (Netherlands)
  • Kemira (Finland)
  • Thor (USA)
  • BWA WATER ADDITIVES (USA)
  • LANXESS (Germany)
  • Albemarle Corporation (USA)
  • Lonza (Switzerland)
  • Baker Hughes (USA)
  • General Electric Company (USA)
  • Buckman (USA)
  • Valtris Specialty Chemicals (USA)
  • Ecolab (USA)
  • Merck KgaA (Germany)
  • Ques Industries, Inc. (USA)

global biocides Market scope and market size

The biocides the market is segmented by type, product type, and application. The growth across these segments will help you analyze the poor growth segments in the industries and provide users with a valuable market overview and market insight to help them make strategic decisions to identify core market applications.

Type

  • Halogen compounds
  • Organic acids
  • Nitrogen-based biocides (quaternary ammonium compounds)
  • Metallic compounds
  • Organosulfide Compounds
  • Phenolic biocides
  • Others

Based on type, the biocides market is segmented into halogen compounds, organic acids, nitrogen-based biocides (quaternary ammonium compounds), metal compounds, organosulfur compounds, phenolic biocides, and others.

Product Type

  • Preservatives
  • Pest Control
  • Others

Based on product type, the biocides market is segmented into preservatives, pest control, and others.

application

  • Water treatment
  • Food and drinks
  • Industrial Boilers and Cooling Towers
  • Personal care
  • Caring for wood
  • Paints and Coatings
  • AHT, Boilers
  • Oil and Gas
  • Fuels
  • Metal working fluids
  • Maritime Industry
  • Plastics
  • the skin
  • Others

By Application, the biocides market is divided into water treatment, food and beverage, industrial boilers and cooling towers, personal care, wood preservation, paints and coatings, HVAC, boilers, oil and gas, fuels, metalworking fluids, marine. industry, plastics, leather and others.

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biocides Market Dynamics

The major factors expected to drive the growth of the biocides market during the forecast period are:

The drivers

· Increasing use of antimicrobial protection in end-use industries

Biocides are becoming increasingly popular in various industries. As cooling water systems provide a suitable environment for the growth of microorganisms, cooling towers are one of the most common application areas for biocides in power plants, mining and chemical facilities to drive the growth of the biocides market.

· Product demand growth in the medical industry

The medical business is expanding due to the increasing awareness of consumers about health and hygiene. This, along with economic growth, is driving manufacturers to use new technologies to develop medical solutions, further aiding the growth of the market.

The options

Furthermore, increasing government focus on clean water consumption is estimated to provide potential opportunities for the growth of the biocides market in the coming years.

Highlights of the report:

Introduction

Market Segmentation

Executive summary

Premium Insights

Impact of Covid-19 on the Global Biocides Market

Market overview

Global Biocides Market by Type

Global Biocides Market by Product Type

Global Biocides Market by Application

Global biocides market by geography

Global Biocides Market, Company Overview

Swot Analysis

Company profile

Findings and conclusions of the study

Includes tables and figures

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The report provides information on this point:

Market penetration: It provides complete data available on the market presented through the major players.

Market development: It provides data-intensive insights into roughly monetizing emerging markets and entering mature market segments.

Market diversification: It provides particular data approximately new product introductions, untouched geographies, current developments, and investments

Competitive assessment and intelligence: It provides a detailed assessment of the market shares, strategies, products, certifications, regulatory approvals, patent landscape and production capabilities of key players.

Product development and innovation: It provides insightful insights into Destiny technologies, R&D activities and product development.

Research Methodology: Global Biocides Market

Data collection and base year analysis is done using large sample size data collection modules. Market data is analyzed and estimated using consistent and consistent market statistical models. Furthermore, market share analysis and key trend analysis are key success factors in the market report. To learn more, request an analyst call or submit your inquiry.

The key research methodology used by the DBMR research team is data triangulation, data mining, market impact analysis of data variables and primary (industry expert) validation. In addition, the data models include vendor location network, market timeline analysis, market overview and guide, company location network, company market share analysis, benchmarks, global versus regional, and vendor share analysis. To learn more about research methodology, enter the inquiry to speak with our industry experts.

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Middle East and Africa Biocides Market, By Type (halogen compounds, organic acids, nitrogen-based biocides (quaternary ammonium compounds), metallic compounds, organosulfur compounds, phenolic biocides and others), product type (preservatives, pest control and others), application (water treatment, food and drinks). Industrial boilers and cooling towers, personal care, wood preservation, paints and coatings, air conditioning, boilers, oil and gas, fuels, metalworking fluids, marine, plastics, leather and others)

North America Biocides Market by Type (Halogen Compounds, Organic Acids, Nitrogen Based Biocides (Quaternary Ammonium Compounds), Metal Compounds, Organosulfur Compounds, Phenolic Biocides, Others), Product Type (Preservatives, Pest Control, Others), Application (Water treatment, Food and beverage, boilers and industrial cooling towers, personal care, paints and coatings, plastics, air conditioning, wood preservation, oil and gas, fuels, metalworking fluids, marine, leather, others)

Asia-Pacific Biocides Market by Type (Halogen Compounds, Organic Acids, Nitrogen Based Biocides (Quaternary Ammonium Compounds), Metal Compounds, Organosulfur Compounds, Phenolic Biocides & Others), Product Type (Preservatives, Pest Control & Others), Application (water). Treatment, Food & Beverage, Industrial Boilers & Cooling Towers, Personal Care, Wood Preservation, Paints & Coatings, HVAC, Boilers, Oil & Gas, Fuels, Metalworking Fluids, Marine, Plastics, Leather and more)

European biocides market by type (halogen compounds, organic acids, nitrogen-based biocides (quaternary ammonium compounds), metal compounds, organosulfur compounds, phenolic biocides and others), product type (preservatives, pest control and others), application (water treatment, Food and beverage, boilers and industrial cooling towers, personal care, wood preservation, paints and coatings, air conditioning, boilers, oil and gas, fuels, metalworking fluids, marine, plastics, leather and others)

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