Biocides Market Overview, Outlook, Segmentation, Applications, Forecast, Analysis 2023

Market Overview:

Biocides are chemical substances that exert a controlling effect on various types of micro-organisms that are harmful to human or animal health. Market Research Future (MRFR) has published a report asserting that the Global Biocides Market is market to expand moderately in the forthcoming years.

Industry Updates:

In October 2018, Dow Microbial Control, a U.S.-based business unit of DowDuPont Specialty Products, has announced the launch of two new within its AQUCAR Water Treatment Microbiocides portfolio. The new cold-weather biocides, AQUCAR 7140 LT Water Treatment Microbiocide and AQUCAR TN 250 LT Water Treatment Microbiocide provide microbial control down to -40 Fahrenheit.

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In July 2018, India's Central Insecticide Board and Registration Committee (CIB&RC) have announced that it has published long-awaited guidelines for the registration of biocides used in paints.

Key Players:

The Prominent Players profiled by MRFR that are operating in the Global Biocides Market are Arch Chemicals Inc., Cortec Corporation, Buckman Laboratories International Inc., Ashland Inc.,  GE Water and Process Technologies, Anpath Group Incorporated, Sigma-Aldrich, Champion Technologies, AkzoNobel N.V., BASF, BWA Water Additives, Clariant AG, Lanxess AG,  The Dow Chemical Company, Baker Hughes Incorporated, Thor Group Limited, Albemarle Corporation, Akcros Chemicals, Solvay SA, Troy Corporation, Lubrizol and others.

Market Drivers and Restraints:

Increasing emphasis on improving sanitation in production processes in order to prevent product spoilage due to microbial contamination is majorly driving the expansion of the Global Biocides Market. Rise in demand for powerful disinfectant solution in various industries such as food and beverages, paints and coatings, personal care, wood preservation and others is propelling the growth of the Global Biocides Market.

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Biocides are extensively utilized in food and beverages industry for disinfecting food contact materials and active packaging materials. Biocides are also utilized for wood preservation as they aid in extending the life cycle of furniture. Increasing utilization of Biocides for water treatment owing to the increasing prevalence of water-borne diseases and application of Biocides as stimulation fluids in hydraulic fracturing in order to prevent corrosion are some other factors that are fueling the growth of the Global Biocides Market. However, strict regulatory framework against the usage of Biocides and health hazards caused due to the presence of harmful chemicals in biocides are likely to restrain the growth of the Global Biocides Market during the forecast period.

Market Segmentation:

The Global Biocides Market has been segmented based on Product and Application.

Based on Product, the Biocides Market has been segmented into halogen compounds, metallic compounds, organosulfur, organic acids, phenolics, nitrogen and others. Among these, the halogen compounds segment is anticipated to project dominance over the Global Biocides Market.

Based on Application, the Biocides Market has been segmented into food & beverages, wood preservation, water treatment, personal care, paints and coatings, boilers, HVAC, fuels, oil and gas, and others. The food & beverages segment is key application segment in the Global Biocides Market owing to the increasing demand for biocides in food and beverages industry.

Regional Analysis:

Geographically, the Global Biocides Market has been segmented into four major regions such as North America, Asia Pacific, Europe and the rest of the world. The North America region is forecasted to dominate the Global Biocides Market owing to the high demand for Biocides in rapidly expanding food & beverages industry. The Biocides Market in the Europe region owing to the increasing adoption of biocides in paints and coatings industry and increased research activities for the development of highly effective Biocides in this region. Inflated demand for biocides in various industries and increased manufacturing rate are driving the Biocides Market in the Asia Pacific region.

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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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Biocides Market Business Overview, Challenges, Opportunities, Trends and Market Analysis by 2023

Segmentation:

The Global Biocides Market has been segmented based on Product and Application.

By Product, the market has been segmented into halogen compounds, metallic compounds, organosulfur, phenolics, nitrogen, and others.

By Application, the market has been segmented into water treatment, food & beverages, personal care, wood preservation, paints & coatings, HVAC, boilers, oil & gas, fuels, and others.

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Competitive Landscape:

The Global Biocides Market is marked by the presence of companies such as Arch Chemicals Inc., Cortec Corporation, Buckman Laboratories International Inc., GE Water and Process Technologies, Anpath Group Incorporated, Ashland Inc., Sigma-Aldrich, Lanxess AG, Champion Technologies, AkzoNobel N.V., BASF, BWA Water Additives, Clariant AG, The Dow Chemical Company, Thor Group Limited, Albemarle Corporation, Akcros Chemicals, Solvary SA, Baker Hughes Incorporated, Troy Corporation, and Lubrizol. 

Regional Analysis:

The region-wise analysis of the Global Biocides Market includes regions such as North America, Asia Pacific, Europe, and the Rest of the World. A strong rebound of constructional activities along with inflated demand from the food & beverage industry supports the growth of the North America market for biocides. Asia Pacific market for Biocides is expected to exhibit strong growth due to the expansion of the manufacturing industry in the region. Businesses are shifting manufacturing capabilities to Asia Pacific to capitalize on the low labour cost in the region. Moreover, government initiatives to increase awareness about hygiene has raised the use of Biocides in the region.

Market Overview:

Growing focus on hygiene, stringent environmental regulations and focus on clean water is foreseen to boost the demand for Biocides in the coming years. Market Research Future (MRFR) forecasts the Global Biocides Market to expand moderately and achieve high growth revenues over the next couple of years. Biocides are chemical substance that are used for a variety of applications and has antimicrobial properties. Industrial preservation applications account for a large chunk of the consumption of Biocides. Greater emphasis on improving sanitation in production processes and workplaces coupled with improving economic conditions is a primary driver of the Global Biocides Market. Rebound in constructional activities across the globe, especially in North America and Asia Pacific has supported the growth of the Biocides Market. Biocides are used in wood preservation and paint & coatings in the construction industry. Biocides find relevance in the food & beverage industry too. They are used in food contact materials (FCMs) and active packaging materials to prevent microbial contamination since food spoilage causes significant economic damages at all stages of the food production chain. Biocides find major application in water treatment which is a key factor driving the growth of the market. Biocides are the preferred product for water treatment in spas and swimming pool since they pose minimum threat to human health. Biocides consumption is expected to rise significantly in the backdrop of outbreak of various water-borne diseases which necessitate water treatment. Need for portable water in domestic and industrial applications is also expected to fuel the demand for Biocides. Biocides are also experiencing heightened demand from the energy sector which is complemented by the increase in the use of hydraulic fracturing techniques in the energy sector. Biocides are used stimulation fluids as well in hydraulic fracturing to prevent corrosion and production issues. However, the market growth of Biocides might be limited by the harmful effects related to Biocides. Moreover, the formulation of stringent norms against the use of Biocides also acts as impediment to the growth of the global biocides market. Concerns about the negative impacts of biocides have directed focus towards development of higher value environmentally less harmful biocides which is expected to provide growth prospects to the Global Biocides Market.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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Biocides Market Global Demand, Growth, Opportunities, Top Key Players and Forecast to 2023

Market Scenario:

Market Research Future (MRFR) asserts that the Global Biocides Market is predicted to garner a stellar CAGR during the forecast period. The increased use of biocides across industrial sectors for disinfectant purposes is likely to favour the market growth. Biocides can be defined as chemicals which are mainly used to kill organisms, harmful microorganisms, and control the growth of bacteria and fungi. Biocides are extensively used in industries like drinking and waste water treatment, healthcare, and consumer goods industry. They are categorized into preservatives, disinfectants, pesticides, and insecticides.

Industry Updates:

April 01, 2019: DuPont Industrial Biosciences and IMCD have recently announced an expansion of their distribution partnership for Biocides which is used in the homecare applications and industrial preservation. The partnership focuses on marketing, sales, and distribution of biocides that had started 35 years ago between the two companies.

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Competitive Dashboard:

The prominent players operating in the Global Biocides Market comprises Lanxess AG, Akcros Chemicals, AkzoNobel N.V., Arch Chemicals Inc., Albemarle Corporation, Lubrizol, Champion Technologies, Baker Hughes Incorporated, Anpath Group Incorporated, BASF, Ashland Inc., GE Water and Process Technologies, BWA Water Additives, Sigma-Aldrich, Solvary SA, Buckman Laboratories International Inc., Thor Group limited, Troy Corporation, Cortec Corporation, The Dow Chemical Company, Clariant AG, and others.

Market Potential and Pitfalls:

The increased use of Biocides and its products in several industrial sectors for disinfectant purposes is triggering the demand for Biocides across the globe. The surging demand for clean water for industrial and domestic purposes, and increased use of Biocidal products as disinfectants and anti-fouling agents has created immense opportunities for the market to expand across the globe. The application of biocides in F&B sector for disinfecting equipment, pipes, and surfaces which are in close contact with the packaging and manufacturing processes have contributed to the market growth. With the rising focus on hygiene and clean water and strict government mandates, the Biocides Market is likely to gain impetus. Industrial preservation accounts for huge chunk of Biocides. The augmenting emphasis on improving the sanitation in workplaces and production processes along with the improving economic conditions are some of the other major factors highly influencing the market throughout the appraisal period. Moreover, rebound in constructional activities, especially in APAC and the North American regions have supported the market growth.

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Biocides are extensively used for water treatment in swimming pool and spas. The outbreak of several water-borne diseases which require water treatment are encouraging the market growth. Moreover, the riding need for portable water in industrial and domestic purposes is likely to trigger its demand in the coming years. Biocides are also witnessing a surging demand from the energy sector which further complements the use of hydraulic fracturing technique in this sector. They are also used as well stimulation fluids in hydraulic fracturing in order to prevent production and corrosion issues. Such factors are highly influencing the market growth across the globe.

On the contrary, biocidal active products are highly toxic in nature and long-term exposure to such products can cause harm to human health. Such concerns associated with health hazards are predicted to vitiate the market growth across the globe.

Global Biocides Market: Segmental Analysis

The Global Biocides Market has been segmented on the basis of Product and Application.

By Mode of Product, the Global Biocides Market has been segmented into metallic compounds, halogen compounds, phenolics, organosulfur, nitrogen, and others. Among these, the halogen compounds are likely to gain prominence as they are less costly, effective microbial growth control agents, relatively low occurrence of resistance, and have wide spectrum of applications.

By Mode of Application, the Global Biocides Market has been segmented into food & beverages, water treatment, wood preservation, personal care, HVAC, paints & coatings, oil & gas, boilers, fuels, and others. Among these, the water treatment segment is considered to gain significant prominence. The surging demand for industrial and treated municipal water from several end-use industries is estimated to fuel the segment growth. The growing emphasis on clean water by the government of developing as well as developed nations is likely to create immense opportunities for the market.

Regional Insights:

Geographically, the Biocides Market span across regions namely, Europe, North America, Asia Pacific, and Rest-of-the-World (RoW).

Considering the global scenario, the North American region is considered to command a major share in the global market owing to strong rebound activities and surging demand from the F&B industry. The inflated demand for biocides in treatment of water is likely to fuel its growth. Moreover, the reviving construction sector in this region encourages the market growth in wood preservation and paints & coatings treatment.

The Asia Pacific region is estimated to witness a sturdy CAGR in the coming years owing to the expanding manufacturing sector in the region. Businesses are shifting manufacturing capabilities in this region in order to capitalize on the low cost labor. Also initiatives undertaken by the government to spread awareness regarding hygiene have inflated the demand for Biocides in this region.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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Biocides Market 2019 | Trends, Drivers, Strategies, Applications and Competitive Landscape 2023

Biocides such as wood preservatives, insecticides, rodenticides, disinfectants belong to a category of products which are intended for the destruction or inhibition of unwanted organisms such as viruses, bacteria, fungi, and insects. They are used in a variety of industrial purposes. The Global Biocides Market is growing at an incremental pace and is likely to scale to a significant valuation in the forthcoming years, asserts Market research Future (MRFR) in an in-depth study.

Expansion of the construction industry is a key factor influencing the growth of the Global Biocides Market. Rigorous constructional activities induce demand for wood preservation and paint & coatings. New constructions and buildings demand paints and coatings which contain biocides for maintenance applications also augur well for the growth of the market. In addition, a strong rebound in constructional activities in various parts of the world is likely to impact market growth positively.

Consolidation of the manufacturing industry is also anticipated to support the growth of the biocides market. Production of various manufactured goods generates high demand for Biocides since there is a greater focus on sanitation in production processes. Besides, biocides are applied to hydraulic machines at manufacturing facilities to prevent corrosion and reduce production issues. The energy sector is also adding to the demand for biocides where they have used as well as stimulation fluids.

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Biocides are witnessing high demand from industries such as food & beverage, cosmetics, and pulp and paper where they are utilized to curb microbial activities. Other factors substantiating the market growth include the application of biocides in water treatment and continued demand from the paints & coatings industry. In the backdrop of the outbreak of various water-borne diseases, there is a pressing need for portable water which is estimated to bode well for the Global Biocides Market. Increasing awareness regarding sanitation and improving economic conditions across the globe are expected to reflect positively on the market growth.

On the other hand, the growth of the Global Biocides Market might be deterred by relatively high toxicity and health hazards associated with long-term exposure to these products. Also, the biocides market is governed by a complex legal framework where every product has to go through long, tedious approval process which remains a challenge for market growth.

Segmentation:

The Global Biocides Market has been segmented based on Product and Application.

By Product, the Global Biocides Market has been segmented into halogen compounds, organosulfur, metallic compounds, phenolics, nitrogen, and others.

By Application, the Global Biocides Market has been segmented into water treatment, food & beverages, paints & coatings, HVAC, personal care, wood preservation, boilers, oil & gas, fuels, and others.

Regional Analysis:

North America, Asia Pacific (APAC), Europe, and the Rest of the World (RoW) are the key markets for Biocides.

North America is a significant market for Biocides driven by the rebound of constructional activities in the region and heightened demand from the food & beverage industry.

APAC market for biocides is anticipated to showcase strong growth trend over the forecast period. Expansion of the manufacturing industry in the region. Increase in awareness level regarding health and hygiene has contributed to the growth of the market to a great extent.

Europe market is spurred by persistent demand for biocides from the food & beverage and packaging industry. However, in Europe, biocides are subject to tight regulations by the EU which might restrain the growth of the market in the region.

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Competitive Landscape:

The noteworthy players in the Global Biocides Market include Ashland Inc., Thor Group Limited, Arch Chemicals Inc., Solvary SA, BASF, Buckman Laboratories International Inc., Akcros Chemicals, Albemarle Corporation, Champion Technologies, Troy Corporation, GE Water and Process Technologies, AkzoNobel N.V., BWA Water Additives, Cortec Corporation, Baker Hughes Incorporated, Sigma-Aldrich, The Dow Chemical Company, Lanxess AG, Lubrizol, Clariant AG, and Anpath Group Incorporated.

Industry Updates:

In January 2019, the South Korea government released K-BPR implementation plans to acquire information on minimum toxicity level of existing biocidal substances currently in circulation.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact: Market Research Future
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Biocides Market 2019 | Share, Competitive Analysis and Industry Segments Poised for Strong Growth in Future 2023

Market Snapshot:

Biocides or Biocidal substances are categorized into disinfectants, preservatives, insecticides and pesticides that are used to exert a controlling effect on organisms that are harmful to human or animal health. The Global Biocides Market is marked to expand at a moderate growth rate in the forthcoming years. Increasing utilization of biocides and biocidal products in multiple industrial sectors for disinfecting purposes is majorly driving the Global Biocides Market. Application of biocides in food and beverages industry for disinfecting pipes, equipment, and surfaces which are in close contact with manufacturing and packaging processes, spur in demand for clean water for domestic and industrial use and increasing utilization of biocidal products as anti-fouling agents and disinfectants have created multiple opportunities for the expansion of the Global Biocides Market. On the flipside, Biocidal active products have relatively high toxicity and long-term exposure to these products may cause hazards to human health. Hence, rise in concern regarding the health hazards caused by biocides and Biocidal products is creating hindrance in the growth of the Global Biocidal Market during the assessment period.

Report Overview:

This MRFR study report delivers a comprehensive analysis of key trends in the Global Biocides Market. It includes a detailed discussion on the historical market trends, current market dynamics, growth opportunities and challenges that are backed by factual feedbacks. The primary types of biocide products that are assessed in the report are halogen compounds, organosulfur, metallic compounds, organic acids, nitrogen, phenolics, and others. For opportunity analysis, major application areas that are covered in the report are food & beverages, wood preservation, water treatment, personal care, paints and coatings, boilers, HVAC, fuels, oil and gas, and others. All the sub-market covered in the report are profiled under four major regions such as North America, Asia Pacific, Europe and the rest of the world with respective country-level analysis.

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Report Coverage:

The report on the Global Biocides Market covers historical market trends, market dynamics, market valuation by region as well as segmentation, key players' market share evaluation, country-level analysis for each market segment, supply chain analysis and competitive landscape.

Companies Covered:

Some of the major players operating in the Global Biocides Market are AkzoNobel N.V., Akcros Chemicals, Albemarle Corporation, Arch Chemicals Inc., Champion Technologies, Lubrizol, Anpath Group Incorporated, Baker Hughes Incorporated, Ashland Inc., BASF, BWA Water Additives, GE Water and Process Technologies, Solvary SA, Sigma-Aldrich, Thor Group limited, Buckman Laboratories International Inc., Cortec Corporation, Troy Corporation, Clariant AG, The Dow Chemical Company, Lanxess AG and others.

Research Methodology:

Market Research Future (MRFR) employs its comprehensive research methodology for quantitative and qualitative evaluation of cross-category market trends to deliver in-depth market insights. To ensure accuracy and reliability of the market foresight, information is probed through primary and secondary research methods. The exclusive surveys and first-hand interview are conducted with the key opinion makers across the value chain for collection of primary data. This primary data is further verified through secondary research processes which include inputs from SEC filings, paid databases, white paper references, research publications and other credible sources available in public domain. Additionally, strong data triangulation method and top-down and bottom-up approaches are utilized to extrapolate and verify research findings to ensure accuracy and objectivity of the market foresight.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact: 

Market Research Future
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Email: sales@marketresearchfuture.com

Biocides Market 2018 Segmentation by Product Types and Application with Forecast to 2023

Segmentation

The Global Biocides Market has been segmented based on Product and Application.

By Product, the market has been segmented into halogen compounds, metallic compounds, organosulfur, phenolics, nitrogen, and others.

By Application, the market has been segmented into water treatment, food & beverages, personal care, wood preservation, paints & coatings, HVAC, boilers, oil & gas, fuels, and others.

Regional Analysis

The region-wise analysis of the Global Biocides Market includes regions such as North America, Asia Pacific, Europe, and the Rest of the World. A strong rebound of constructional activities along with inflated demand from the food & beverage industry supports the growth of the North America market for biocides. Asia Pacific market for Biocides is expected to exhibit strong growth due to the expansion of the manufacturing industry in the region. Businesses are shifting manufacturing capabilities to Asia Pacific to capitalize on the low labor cost in the region. Moreover, government initiatives to increase awareness about hygiene has raised the use of biocides in the region.

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Competitive Landscape

The Global Biocides Market is marked by the presence of companies such as Arch Chemicals Inc., Cortec Corporation, Buckman Laboratories International Inc., GE Water and Process Technologies, Anpath Group Incorporated, Ashland Inc., Sigma-Aldrich, Lanxess AG, Champion Technologies, AkzoNobel N.V., BASF, BWA Water Additives, Clariant AG, The Dow Chemical Company, Thor Group Limited, Albemarle Corporation, Akcros Chemicals, Solvary SA, Baker Hughes Incorporated, Troy Corporation, and Lubrizol.

Biocides Market Overview

Growing focus on hygiene, stringent environmental regulations and focus on clean water is foreseen to boost the demand for Biocides in the coming years. Market Research Future (MRFR) forecasts the Global Biocides Market to expand moderately and achieve high growth revenues over the next couple of years. Biocides are chemical substance that are used for a variety of applications and has antimicrobial properties. Industrial preservation applications account for a large chunk of the consumption of biocides. Greater emphasis on improving sanitation in production processes and workplaces coupled with improving economic conditions is a primary driver of the Global Biocides Market. Rebound in constructional activities across the globe, especially in North America and Asia Pacific has supported the growth of the Biocides Market. Biocides are used in wood preservation and paint & coatings in the construction industry. Biocides find relevance in the food & beverage industry too. They are used in food contact materials (FCMs) and active packaging materials to prevent microbial contamination since food spoilage causes significant economic damages at all stages of the food production chain. Biocides find major application in water treatment which is a key factor driving the growth of the market. Biocides are the preferred product for water treatment in spas and swimming pool since they pose minimum threat to human health. Biocides consumption is expected to rise significantly in the backdrop of outbreak of various water-borne diseases which necessitate water treatment. Need for portable water in domestic and industrial applications is also expected to fuel the demand for Biocides. Biocides are also experiencing heightened demand from the energy sector which is complemented by the increase in the use of hydraulic fracturing techniques in the energy sector. Biocides are used as well stimulation fluids in hydraulic fracturing to prevent corrosion and production issues. However, the market growth of biocides might be limited by the harmful effects related to biocides. Moreover, the formulation of stringent norms against the use of Biocides also acts as impediment to the growth of the global biocides market. Concerns about the negative impacts of biocides have directed focus towards development of higher value environmentally less harmful biocides which is expected to provide growth prospects to the Global Biocides Market.

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