Biocides Market Size, Emerging Technologies, Regional Trends and Comprehensive Research Study and Forecast: 2023-2029
Biocides market is expected to reach US$ 15.48 Bn. in 2029 from US$ 11.84 Bn. in 2022, with a CAGR of 3.9% for the period 2023-2029.
Biocides Market Overview:
This study seeks to conduct a thorough analysis of the Biocides Market by component, application, industry, and geography. The fundamental factors influencing the growth of the pectin business are thoroughly covered in the article. In-depth analysis of the market's value chain is also done in the study.
Biocides Market Scope:
Using secondary research sources, the first phase in the research method used to assess and forecast the Biocides market is to gather revenue data from significant suppliers. When creating market segmentation, vendor offerings are taken into consideration. The size of the overall Biocides market was estimated using a bottom-up methodology considering the revenue of important companies.
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Biocides Market Dynamics:
Increasing Powder Coating Adoption
With the development of powder coatings, the paints and coatings industry, which has been in upheaval due to the presence of lead in paints, has boosted its capacities. The range of biocide applications in the paints and coatings industry has increased as a result of a developing new front. With a global CAGR of 6.10 percent anticipated through 2025, the powder coatings industry is a significant growth driver for the biocides market demand. The market is benefiting from a significant trend in this sector as automobile OEMs switch to coatings in powder form for labor and cost reasons.
Biocides Market Segmentation:
by Type
Metallic Compounds
Halogen-Based Biocides
Organic Acids
Sulphones
Phenol-Based Biocides
Others
by End-Use Industry
Food & Beverages
Construction
Agriculture
Pharmaceutical
Personal Care
Water Treatment
Paints & Coatings
Home Care
Others
by Application
Water Treatment
Municipal Water Treatment
Oil & Gas
Power Plants
Pulp & Paper
Swimming pools
Mining
Other Water Treatment
Household, Industrial & Institutional Cleaning and Home Care
Paints & Coatings
Wood Preservatives
Others
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Biocides Market Key Players: The key players are
1. Bayer Material Science
2. BASF SE
3. Berkshire Hathaway
4. Clariant Ag
5. Corbion N.V.
6. DUPONT
7. Kemin Industries, Inc.
8. Kerry
9. Lanxess Ag
10.Lonza Group Ag
11.Nouryon
12.Solvay Sa
13.Thor Group Limited
14.Ecolab Inc.
15.Solenis
16.Veolia
17.Sigura Water
18.Italmatch chemicals
19.Albemarle Corporation
20.ICL Group
21.Accepta Water Treatment
22.Buckman Laboratories Interanational Inc.
23.B&V Chemicals
24.Kimberlite Chemicals
25.Kurita Water Industries
26.Melzer Chemicals Pvt. Ltd.
27.Momar Inc.
28.Ozone Tech Systems
29.Chemicrea Inc
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Biocides Market Regional Analysis:
Market share information for North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America are available separately. Maximize analysts assess competitive strengths and conduct competitive analysis on each rival separately.
COVID-19 Impact Analysis on Biocides Market: The report also includes the detailed impact of COVID-19 on the Biocides market.
Key Questions Answered in the Biocides Market Report are:
- Which segment had the largest share in the Biocides market?
- How is the competitive scenario of the Biocides market in 2022?
- Which are the key drivers impacting the Biocides market growth?
- Which region holds the maximum share in the Biocides market?
- What will be the CAGR of the Biocides market during the forecast period (2023-2029)?
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