Biocides Market

Biocides market was valued at USD 12,985 million in 2020 and predicted to grow at 6.8% CAGR during the forecast period.

Introduction of the Biocides Market Report

Biocide is a chemical substance or microorganism used to destroy, deter, harmless, or kill harmful and unwanted organisms. They are used in everyday life in households as well as at workplaces for cleaning and disinfecting. Biocides represent a wide range of disinfectants, wood preservatives, rodenticides, antifouling agents to destroy and control viruses, bacteria, algae, insects, and rats. Biocide’s products can contain one or more active substances and may be of biological or chemical origin.

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Market Dynamic

Key Drivers and Emerging Trends

The factors driving the global biocides market include increasing utilization of biocides in multiple industries for disinfecting purposes such as healthcare, food industry, water treatment, among others. For instance, IFF affiliated Nutrition and Bioscience group of companies offer a collection of products offering effectiveness against harmful bacteria and fungi. Their experts are available to advise on which biocide and dosage level is suitable to protect industrial systems or products from unwanted microorganisms.

The increasing government initiatives on the consumption of clean water will also boost the market. Water treatment is one of the most notable applications where biocides are used to restrict antifouling and bacterial or algal contamination in water systems such as cooling water systems, municipal drinking water systems, industrial water treatment, and others. For instance, the Government of India started Jal Jeevan Mission to provide clean water in the country’s rural areas. USAID partnered with India’s Government to increase access to safe water, sanitation, and hygiene (WASH) services.

Restraint in the Biocides Market

However, stringent regulation on toxic biocides and variation in raw material prices can act as a restraint and hamper the market growth.

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Type – Segment Analysis

Based on the type, oxidizing biocides are expected to grow at higher CAGR during the forecast period. The oxidizing biocides attack microorganisms by oxidizing the cell structure, disrupting the nutrients from passing across the cell wall. Common oxidizing biocides used in industry are chlorine, peracetic acid, sodium bromide, and others. The increasing demand for oxidizing biocides in the water treatment sector will boost the market. According to the U.S. Army Corps of Engineers, bromine, chlorine, chlorine dioxide, iodine, and sodium chlorite are used for the disinfection of drinking water, cooling system, and surfaces.

End-use Industry – Segment Analysis

Based on the end-use industry, home care is projected to grow at a higher CAGR during the forecast period. Increasing concern on bacterial & viral infections accelerated the need for biocides as quick-acting and high-performance solutions. Many consumers products contain biocides, but the primary source of exposure in the home are regular use of cosmetics and wipes, cleaning products, some toothpaste, laundry detergents, and general disinfectants. For instance, Azelis offer a wide range of biocidal products for home care. Their range varies from in-can preservatives and anti-algae treatment to disinfectant compounds and biocides.

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Regional – Segment Analysis:

Based on the region, the APAC region is predicted to grow at a higher CAGR during the forecast period. The expanding population in the region will further boost the use of biocides as a cleaning substance. The growing demand of biocides in home care products such as wipes, cleaning products like laundry detergents, and general disinfectants will further boost the market in region.

Top Market Players

Various notable players operating in the market, include, Lonza, Nutrition and Bioscience, BASF SE, Kemira, Nouryon, LANXESS, Solenis, Veolia, Italmatch AWS, ICL, among others.

Key Developments:

• • In 2021, LANXESS acquired biocides specialist INTACE. LANXESS will combine them into the biocides business line within its material protection products business unit.
  • In 2021, International Flavors & Fragrances Inc. completed the merger with DuPont’s nutrition and Biosciences. The combination of IFF and N&B creates a global leader in high-value ingredients and solutions for the food & beverages, home & personal care, and health & wellness market.

Segments covered in the Report:

The global biocides market has been segmented on the basis of type, end-use industry, and region. Based on type, the market is segmented into oxidizing biocides, and non-oxidizing biocides. Based on end-use industry, the market is segmented into water treatment, home care, personal care, food & beverages, construction, healthcare, and others.

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Key questions answered in this research report:

• • At what pace is global biocides market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in biocides market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global biocides market?
  • Which type generated maximum revenues in 2020 and identify the most promising type during the forecast period?
  • What are the various end-use industry areas of global biocides market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Global Biocides Market by Type

• • Oxidizing Biocides
  • Non-Oxidizing Biocides

Global Biocides Market by End-use Industry

• • Water Treatment
  • Home Care
  • Personal Care
  • Food & Beverages
  • Construction
  • Healthcare
  • Others

Global Biocides Market by Region

• • North America Biocides Market (Option 1: As a part of the free 25% customization)
    • North America Biocides Market by Type
    • North America Biocides Market by End-use Industry
    • US Biocides Market All-Up
    • Canada Biocides Market All-Up
  • Europe Biocides Market (Option 2: As a part of the free 25% customization)
    • Europe Biocides Market by Type
    • Europe Biocides Market by End-use Industry
    • UK Biocides Market All-Up
    • Germany Biocides Market All-Up
    • France Biocides Market All-Up
    • Spain Biocides Market All-Up
    • Rest of Europe Biocides Market All-Up
  • Asia-Pacific Biocides Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Biocides Market by Type
    • Asia-Pacific Biocides Market by End-use Industry
    • China Biocides Market All-Up
    • India Biocides Market All-Up
    • Japan Biocides Market All-Up
    • Rest of APAC Biocides Market All-Up
  • RoW Biocides Market (Option 4: As a part of the free 25% customization)
    • RoW Biocides Market by Type
    • RoW Biocides Market by End-use Industry
    • Brazil Biocides Market All-Up
    • South Africa Biocides Market All-Up
    • Saudi Arabia Biocides Market All-Up
    • UAE Biocides Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Biocides Market All-Up

Major Players Operating in the Biocides (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Lonza
  • Nutrition and Bioscience
  • BASF SE
  • Kemira
  • Nouryon
  • LANXESS
  • Solenis
  • Veolia
  • Italmatch AWS
  • ICL