Biocides Market Valued at $14.81 Billion by 2028 | CAGR: 3.8%

The biocides market is experiencing consistent growth due to rising demand for antimicrobial agents in water treatment, healthcare, agriculture, and industrial applications. The need for effective disinfectants and preservatives in food processing and pharmaceuticals is driving market expansion. Additionally, growing awareness of hygiene and sanitation is increasing the adoption of biocides in household and institutional cleaning products. However, stringent environmental regulations on biocide usage and concerns over antimicrobial resistance may pose challenges. Innovations in eco-friendly and biodegradable biocides are expected to mitigate regulatory concerns.

According to the research report published by Polaris Market Research, the global biocides market was valued at USD 11.13 billion in 2020 and is expected to grow at a CAGR of 3.8% during the forecast period.

Biocides – Market Trends & Drivers

Trends:

  • Rising demand for eco-friendly and biodegradable biocides due to environmental concerns.
  • Growing use of silver-based and nanotechnology-enhanced biocides for advanced antimicrobial protection.
  • Increasing adoption in water treatment plants to control microbial contamination.
  • Expansion of biocide applications in paints, coatings, and construction materials.
  • Stringent regulatory policies driving the development of safer, low-toxicity biocides.

Drivers:

  • Growing need for water sanitation due to rising urbanization and industrialization.
  • Expansion of the healthcare and food processing industries, increasing disinfection requirements.
  • Rising concerns over microbial resistance, pushing demand for innovative biocides.
  • Stringent regulations on industrial hygiene and workplace safety standards.
  • Advancements in biocide formulations, enhancing long-term effectiveness.

Key Companies in Biocides Market:

  • Troy Corporation
  • ChemTreat Inc.
  • Neogen Corporation
  • Finoric LLC
  • Iro Group Inc.
  • Albemarle Corporation
  • Solvay SA
  • Melzer Chemicals Pvt. Ltd.
  • LANXESS
  • Dow
  • BASF SE
  • The Lubrizol Corporation
  • U.S. STERILES
  • Vink Chemicals GmbH & Co. KG
  • PWT (Professional Water Technologies)
  • Buckman Laboratories International Inc.
  • SUEZ Water Technologies & Solutions
  • Italmatch Chemicals S.p.A.
  • Lonza
  • Akcros Chemicals Inc.

Growth Factors:
Market dynamics:All the key factors and major developments anticipated to boost the growth of the market are covered in the study.
Technological evolution:The report offers a thorough understanding of the emerging technologies that can influence the Biocides market demand.
Innovation pathways: The study covers where innovations can take the market in the mid to long term.

Browse Full Insights:

https://www.polarismarketresearch.com/industry-analysis/biocides-market

The Geographical Analysis Covers Following Key Regions:
• North America (United States, Canada, and Mexico)
• Europe (Germany, France, United Kingdom, Russia, Italy, and the Rest of Europe)
• Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
• South America (Brazil, Argentina, Colombia, and the rest of South America)
• The Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, South Africa, and the Rest of the Middle East and Africa)

Biocides Market Segmentation:

Biocides are segmented by type, application, and end-user industry. Major types include halogen compounds, metallic compounds, organosulfurs, and nitrogen-based biocides. Applications cover water treatment, food & beverage, healthcare, paints & coatings, and agriculture. The water treatment segment holds the largest share due to stringent regulations on wastewater management. Industrial users, including oil & gas and manufacturing, drive demand. North America and Europe dominate, with growing adoption in Asia-Pacific.

Biocides Market, Product Outlook (Revenue – USD Million, 2016 – 2028)

  • Halogen Compounds
  • Metallic Compounds
  • Organosulfur
  • Organic Acids
  • Quaternary Ammonium Compound
  • Phenolic
  • Nitrogen
  • Glutaraldehyde

Biocides Market, Application Outlook (Revenue – USD Million, 2016 – 2028)

  • Water Treatment
  • Food & Beverages
  • Personal Care
  • Wood Preservation
  • Paints & Coatings
  • Plastics
  • HVAC
  • Boilers
  • Oil & Gas
  • Fuels
  • Pulp & Paper
  • Cleaning Products

Biocides Industry Developments:

  • 2023: BASF introduced a new line of eco-friendly biocides designed for use in water treatment and industrial cleaning. These biocides are formulated with low toxicity and are derived from renewable sources, catering to the growing demand for sustainable and environmentally responsible chemical solutions.
  • 2022: Lonza Group expanded its portfolio of anti-microbial biocides for the healthcare and personal care sectors. The new products focus on providing long-lasting protection against bacteria and viruses, addressing the increasing concerns over hygiene and infection control, particularly in the wake of the COVID-19 pandemic.
  • 2021: Clariant launched a new range of silver-based biocides, designed to offer advanced antimicrobial properties for use in textiles, coatings, and paints. These biocides target the growing demand for long-lasting antimicrobial protection in products that require frequent cleaning or exposure to high-touch environments.
  • 2020: Solvay unveiled a new biocide specifically aimed at industrial water treatment, which offers enhanced effectiveness against a broader spectrum of harmful microorganisms. The product is designed to meet stricter environmental regulations by reducing chemical waste and minimizing the environmental impact of biocide usage.
The Biocides Market report provides a cutting-edge analysis of market dynamics, spotlighting evolving trends, emerging opportunities, and growth drivers that shape the industry landscape. It delves into critical insights and breakthrough developments, equipping stakeholders with the tools to innovate and adapt in a competitive environment. Concluding with actionable takeaways and an overview of robust research methodologies, this report serves as an essential guide for businesses and investors aiming to stay ahead of the curve and foster sustainable growth in an ever-changing market.

More Trending Latest Reports By Polaris Market Research:

Lubricants Market

Oleochemicals Market

Automotive Lubricants Market

Graphite Market