Market Overview
The Biocides Market Forecast is projected to reach a CAGR of 5.35 % and a value of USD 15.6 Billion from 2027 to 2030 during the forecast period. The increased demand for biocides for applications like water treatment, paints & coatings, household & personal care, wood preservatives, and many others is driving the market. The biocides market will be driven by factors like a surge in the usage of antimicrobial protection within end-use industries as well as a strict regulatory environment. APAC is the most important market for biocides worldwide, followed by North America And Europe in terms of value and volume.
Market Segmentation
Type, product, and application are the two primary sectors of the Biocides Market.
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By Product
Halogen compounds, organosulfur, organic acids, metallic compounds, nitrogen, phenolics, and many others make up the product type sector of the market. These chemicals are commonly used in labs for study and experimentation.
By Application
Water treatment, personal care, food and drinks, paints and coatings, boilers, HVAC, wood preservation, fuels, oil & gas, and others are the application segments of the market.
Municipal water treatment, oil, gas, pulp and paper, power plants, swimming pools, and mining are all examples of water treatment. Marine coatings and many others make up the paint and coatings section. Due to high demand during the pandemic, whenever the use of hygiene products spurred increased awareness to keep healthy, the household and personal care applications gained the highest part of the Biocides Market Share.
By Type
The market is divided into oxidizing biocides, non-oxidizing biocides, and many others.
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Regional Classification
The Biocides Market is growing rapidly in main locations across the globe, as per the regional growth study. Because of the existence of growth factors, local growth is accelerated.
Owing to enhanced domestic demand plus growing exports to western markets, the Asia Pacific area is seeing tremendous growth. China has a significant market share and has overtaken top markets regarding chemical commodity production and consumption rates.
Because of big end-user industries such as water treatment, paints and coatings, food and beverage, and others, North America is expected to hold the highest share of the Biocides Market throughout the forecast period. Because the United States is worried about wastewater treatment, the area will see tremendous market value.
Because of the increasing need for biocides in industrial applications, other regions will also see stable growth.
Industry News
To kill bacteria, biocides are employed in water treatment. Water towers are great environments for biological creatures like sulfate-reducing bacteria, bacteria, fungi, algae, and protozoa to grow.
If their growth is unchecked, they produce a layer of bio-slime that functions as a natural adhesive surface for scale formation, potentially reducing the cooling system’s efficiency.
Microbiological fouling and biocides are introduced to the water to eliminate slimes and biofilm from water systems for them to run at their peak performance.
Cooling towers, sewage treatment, spas, swimming pools, and industrial wastewater all employ these chemicals. Biocides are also utilized in reverse osmosis membrane cleaning programs to prevent biofouling. These biocides are employed in the membrane before the RO system to control bio-growth.
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