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Biocides Market Report 2023 - Market Size, Share, Trends And Forecast To 2032 | Chemtreat Inc., The Dow Chemical Company, LANXESS, Thor Group Limited, BASF SE
Biocides Market
Biocides Market Size, Growth Rate, And Forecast
The global biocides market size is expected to grow from $11.66 billion in 2022 to $12.43 billion in 2023, at a compound annual growth rate (CAGR) of 6.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The biocides market size is expected to reach $15.42 billion in 2027 at a CAGR of 5.5%.
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Biocides Market Drivers
Biocides refer to a chemical compound or a microorganism that is used to biologically or chemically eliminate, turn harmless, discourage, or control a dangerous organism. The biocides are used for a wide range of applications, such as adding them to cosmetics and personal care products, treating drinking water, treating skin infections, and protecting animal food from microorganisms. To keep systems secure, well-maintained, and operating at their best, chemical biocides are essential for ensuring water quality at all times.
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Biocides Market Segments
• By Type: Oxidizing Biocides, Non-Oxidizing Biocides
• By Grade: Food Grade, Pharmaceutical Grade, Industrial Grade, or Technical Grade
• By End User: Agrochemicals, Food and Beverages, Water Treatment, Paints and Coatings, Wood Preservatives, Cleaning Agents, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Biocides market.
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Biocides Market Key Players
Major competitors in the biocides market include Chemtreat Inc., The Dow Chemical Company, LANXESS, Thor Group Limited, BASF SE, Kemira Oyj, Solvay, Nouryon.
The Business Research Company's "Global Biocides Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Biocides Market Include:
1. Executive Summary
2. Biocides Market Characteristics
3. Biocides Market Trends And Strategies
4. Biocides Market - Macro Economic Scenario
5. Biocides Market Size And Growth
……
26. Africa Biocides Market
27. Biocides Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Biocides Market
29. Biocides Market Future Outlook and Potential Analysis
30. Appendix
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