Biocides - Global Strategic Business Report

The global market for Biocides is estimated at US$11.3 Billion in 2023 and is projected to reach US$14.3 Billion by 2030, growing at a CAGR of 3.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the biocides market is driven by several factors, including increased awareness about hygiene and sanitation, particularly in the wake of global health crises such as the COVID-19 pandemic. There is a rising demand for biocides in healthcare, water treatment, and food and beverage industries to ensure sterility and prevent microbial contamination. Additionally, the global expansion in industrial sectors such as oil and gas, paints and coatings, and plastics where biocides are used extensively to prevent microbial growth and biofouling contributes significantly to market expansion.

Technological advancements that lead to more efficient and environmentally friendly biocides are also encouraging their adoption across various domains. Moreover, growing regulations that mandate the use of biocides in certain applications to meet hygiene standards are further propelling market growth. These factors, combined with the ongoing development of novel biocidal products, ensure robust demand in the global biocides market.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Household & Personal Care Application segment, which is expected to reach US$5.2 Billion by 2030 with a CAGR of a 3.8%. The Water Treatment Application segment is also set to grow at 3.2% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $3.1 Billion in 2023, and China, forecasted to grow at an impressive 5.7% CAGR to reach $2.9 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Biocides Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Biocides Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Biocides Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as Akzo Nobel NV, Albemarle Corporation, Arkema, Inc., and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 62 Featured):

• Akzo Nobel NV
• Albemarle Corporation
• Arkema, Inc.
• Baker Hughes, a GE company
• BASF Corporation
• BASF France
• BASF SE
• Caldic BV
• Chemtura Corporation
• Clariant International Ltd.
• Elementis PLC
• Johnson Matthey PLC
• Lanxess AG
• Lanxess Corporation
• Lonza, Inc.
• Mid South Chemical Co., Inc.
• Quat-Chem Ltd.
• Sanosil AG
• Stepan Company
• Troy Corporation
• Vulcan Materials Co.