Biocides Market Research Report Information By Product (Halogen Compounds, Metallic Compounds, Organic Acids, Phenolics, Nitrogen, Other) By Application (Water Treatment, Food & Beverages, Personal Care, Paints & Coatings, Oil & Gas, and Other), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) - Forecast Till 2030

Global Biocides Market Overview

Biocides Market Size was valued at USD 8.34 billion in 2021. The Biocides market industry is projected to grow from USD 8.60 Billion in 2022 to USD 11.95 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 4.23% during the forecast period (2022 - 2030). Increasing demand from the wastewater treatment market and increasing demand from various end-use applications are driving market growth.

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Biocides Market Trends

• Increasing demand from the wastewater treatment market

Wastewater treatment removes contaminants from wastewater and converts them into effluent that can be recycled into the water cycle. A wastewater treatment plant is where the treatment takes place. The treatment plant for domestic wastewater (also known as municipal wastewater or sewage) is known as a sewage treatment plant. Industrial wastewater is treated in either a separate industrial wastewater treatment plant or a sewage treatment plant (usually after some form of pre-treatment). Other types of wastewater treatment plants include agricultural wastewater treatment plants and leachate treatment plants. Water treatment processes that are commonly used include phase separation (such as sedimentation), biological and chemical processes (such as oxidation), and polishing.

Fluorine, bromine, iodine, astatine, and chlorine are all members of the halogen group of chemical elements. These biocides are created utilizing various halogens to exploit disinfecting capabilities and are utilized in municipal water treatment. Halogen biocides are chemical chemicals that are used to dissuade, eliminate, render harmless, or regulate hazardous organisms. Biocides such as chlorine and bromine kill bacteria via oxidation via an electrochemical mechanism. According to halogen biocides market data, these are the most often used ways for removing organic susceptibilities from water because to their low cost and advantageous germ-killing qualities, which may be employed in municipal and industrial applications.

Nations have imposed strong regulations against the pollution of naturally occurring water bodies and the unauthorized dumping of wastewater. Special rules have been enacted in nations such as China, which have been badly damaged by air pollution, to protect them from the damaging impact of wastewater discharge. At the same time, affluent countries such as the United States have tight legislation for drinking water, potable water, and wastewater, showing that wastewater treatment is carefully enforced. With such worldwide rigor, it is clear that states have enacted stringent restrictions to combat warming and safeguard biodiversity. As a result, improper discharge of wastewater effluents is strictly enforced, which can render enterprises non-compliant. Thus, the growing demand for wastewater treatment are likely to drive the growth of the Biocides market revenue.

Biocides Market Segment Insights

Biocides Type Insights

The  Biocides market segmentation, based on product, includes (Halogen Compounds, Metallic Compounds, Organic Acids, Phenolics, Nitrogen, Other. The Halogen Compounds Biocides segment held the majority share in 2021 contributing to around ~25-27% with respect to the  Biocides market revenue. This is primarily owing to the rising demand for wastewater treatment applications across the globe. For instance, the growing population, together with the development of new technologies and products, is expected to boost expansion of the wastewater treatment services market. As well as growing demand from various end-use application such as paints & coatings will boost the demand in the biocide market.

December 2020: Saint-Gobain and the El Volcan group, longtime business partners in Chile (in fiber cement, mortars, insulation, and plasterboard), Columbia (in insulation and waterproofing), and Brazil (in plasterboard), have signed a contract governing their operations in Peru (mortars and plasterboard), and Argentina (plaster and plasterboard). Together, these two countries generate sales of about €60 million, have six facilities, and employ 450 people.

Figure 2:  Biocides Market, by Type, 2021 & 2030 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Biocides Application Insights

The  Biocides market segmentation, based on application, includes Water Treatment, Food & Beverages, Personal Care, Paints & Coatings, Oil & Gas, and Others. The water treatment segment dominated the market in 2021 and air purification segment is projected to be the faster-growing segment during the forecast period, 2022-2030. This is due to the increase in population and pollution, the demand for safe potable drinking water is rising, which is projected to fuel the demand for graphene. According to the WHO/UNICEF Joint Monitoring Programme for Water Supply and Sanitation, at least 1.8 billion people worldwide drink contaminated water. Also, Major manufacturing industries, such as chemicals, oil & gas, food & beverage, mining, and textiles, generate a large amount of wastewater daily. This water is loaded with several contaminants, such as non-biodegradable chemicals, organic matter, and traces of metals and oxides. This necessitates the need for treating the effluent water because, if not treated, the contaminated water may cause gastrointestinal problems, diarrhea, nausea, dehydration, and even death. Hence, rising applications of Biocides in water purification will positively impact market growth.

February 2020: LANXESS acquired Itibanyl Produtos Especiais Ltda. (IPEL). The competent anti-trust authorities approved the transaction beginning of January. IPEL with headquarters in Jarinu, São Paulo, is one of Brazil’s leading biocide manufacturers and generated sales in the lower double-digit million euro range in 2018.

Biocides Regional Insights

By Region, the study segments the market into North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. North America Biocides market accounted for USD 4.04 billion in 2021 and is expected to exhibit a 3.91% CAGR during the study period. This is attributed to the robust growth of the Paints & coatings, food & beverage, and energy industries in the region is fueling the demand for biocides.

Further, the major countries studied are The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 3:  BIOCIDES MARKET SHARE BY REGION 2021 (%)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Asia-Pacific Biocides market accounts for the third-largest market share due to he need for biocides in the country has increased due to the country's strong industrial expansion. In addition, the presence of important end consumers in the country aids market expansion. Further, the China Biocides  market held the largest market share, and was the fastest growing market in the region

The Europe Biocides Market is expected to grow at a CAGR of 3.58% from 2022 to 2030. This is due to stringent government regulations related to the water treatment and industrial water reuse gaining momentum are the key drivers of the regional market. Moreover, Germany Biocides market held the largest market share, and was the fastest growing market in the European region.

Biocides Key Market Players & Competitive Insights

The  Biocides market is characterized by the presence of , regional, and local players. The market is highly consolidated, with all the players competing to gain significant market share. The key market players of Biocides compete based on cost, product quality, availability of raw materials, and durability of the product. They are engaged in expanding their production capacity and investing in R&D activities to gain an edge over competitors. Furthermore, the growing popularity of Biocides in smart electronics and paints &coatings is expected to offer lucrative opportunities to manufacturers in the coming years. However, scarcity of raw materials is expected to hinder the growth of the market studied significantly.

Additionally, the adoption of various strategies by Biocides industry such as expansion, R&D, agreements, acquisitions, collaborations, and investments is expected to help these players to gain maximum revenue and long-term growth during the review period. The key participants in the  Biocides market are AkzoNobel N.V., Baker Hughes Incorporated, Ashland Inc., BASF, BWA Water Additives, Clariant AG, The Dow Chemical Company, Troy Corporation, Solvary SA and Lanxess AG.

LANXESS is a well-known corporation on the international market with about 13,200 employees across 33 countries. The company's core activity is developing, producing, and marketing chemical intermediates, additives, and consumer protection goods. It runs its business through five main segments: advanced industrial intermediates, specialty additives, consumer protection, engineering material, and reconciliation. These comprise 11 business units, which interact with a wide range of markets and applications.

Also, BASF SE (BASF) is one of the largest chemical producers in the world. The company has divided its business segments into six divisions, namely, materials, industrial solutions, chemicals, surface technologies, agricultural solutions, and nutrition & care.  The company operates through 12 divisions that manage 54  and regional business units and develops strategies for the 86 strategic business. BASF has a presence in 80 countries and operates through six Verbund sites, which interlink the working of production plants, energy flows, and infrastructure in different regions. BASF primarily operates in Europe and has an active presence in the Americas, Asia-Pacific, and the Middle East & Africa

Key Companies in the Biocides market includes

• AkzoNobel N.V.


• Baker Hughes Incorporated


• Ashland Inc.


• BASF


• BWA Water Additives


• Clariant AG


• The Dow Chemical Company


• Lanxess AG


• Troy Corporation


• Solvary SA

Biocides Industry Developments

July 2022: LANXESS, a specialty chemicals company has acquired the microbial control business unit of the U.S. group International Flavors & Fragrances Inc. (IFF).

April 2021: Veolia and Suez announced an agreement that will allow the creation of a new Suez made up of assets forming a coherent and sustainable group from an industrial and social standpoint, with real growth potential, with revenues of around €7 billion.

Biocides Market Segmentation

Biocides Type Outlook

• Halogen Compounds


• Metallic Compounds


• Organic Acids


• Phenolics


• Nitrogen


• Other

Biocides Application Outlook

• Water Treatment


• Food & Beverages


• Personal Care


• Paints & Coatings


• Oil & Gas


• Other

Biocides Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Latin America
  
  
  
  • Mexico
  
  
  • Brazil
  
  
  • Argentina
  
  
  • Rest of Latin America
  
  
  
  


• Middle East & Africa
  
  
  
  • GCC
  
  
  • South Africa
  
  
  • Rest Of Middle East & Africa