Biocides Market worth $13.6 billion by 2027 | Key players LANXESS AG, Veolia Group, Arxada AG, Ecolab Inc., Nouryon.

According to recent market research the "Biocides Market by Type (Non-oxidizing Biocide, Oxidizing Biocide), Application (Water Treatment, Household, Industrial & Institutional Cleaning and Home Care, Paints & Coatings, Wood Preservatives), and Region - Global Forecast to 2027", Biocides market size is projected to reach USD 13.6 billion by 2027 from USD 11.0 billion in 2022 growing at a CAGR of 4.3%. According to the DG Health and Consumers of European Commission, Biocides Directive (98/8/EC), biocidal products are intended to destroy, render harmless, prevent the action of or otherwise exert a controlling effect on any harmful organism by chemical or biological means. The directive range covers 23 product types from drinking water disinfectants, wood preservatives and insecticides to antifouling products.

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Non-oxidizing biocides are chemicals that function by mechanisms other than oxidation, which include interfering with reproduction and cell metabolism, lysis of cell wall, and stopping the respiration of microorganisms. They are generally fed into a system for hours or up to a day to kill algae, bacteria, and fungi.

Chlorine, chloramines, or ozone disinfectants are used in various applications, including drinking water, to control its taste and odor. Biocides are used in municipal and industrial water treatment industries such as oil & gas, mining, power generation, and pulp & paper. Typically, they are used in reverse osmosis, cooling water, boiler water, and wastewater treatment processes.

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The US, Canada, and Mexico are the major countries covered in the region. Recently, the market in this region witnessed a change in the product mix on account of the industry shifting to environmentally friendly and non-toxic formulations. The gains are expected to be driven by increasing demand from the pulp & paper industry, coupled with the rising awareness for protection against the growth of bacteria and pathogens in food.

The key market players profiled in the report include LANXESS AG (Germany), Veolia Group (France), Arxada AG (Switzerland), Ecolab Inc. (US), Nouryon (Netherlands), General Electric Company (US), Evonik Industries AG (Germany), Solvay SA (Belgium), and Clariant AG (Switzerland) and others.

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LANXESS AG is a leading specialty chemical company with the primary expertise in producing, developing, and marketing chemical intermediates, additives, specialty chemicals, and plastics. The company operates its business into five segments, namely advanced intermediates, specialty additives, engineering materials, consumer protection and reconciliation. The company offer biocides through consumer protection segment. The company has 65 production sites and 32 Health, Safety, & Environment (HSE) checks at production facilities in 19 countries in the regions of Europe, Middle East & Africa, North America, Asia Pacific, and South America.
• In July 2022, LANXESS AG has acquired the microbial control business unit of a US based group named International Flavors & Fragrances Inc. (IFF Inc.). This acquisition will help LANXESS AG to strengthen their biocidal active substances portfolio and microbial control business.

Arxada AG is a rebranded company of the former company named Lonza Specialty Ingredients (LSI). The company offers biocides through the microbial control solutions division and its acquired company Troy Corporation. The company provides a wide portfolio of differentiated products targeted at a range of end markets. The company has 3,800 employees working in 26 manufacturing sites and 17 research and development centers globally in the regions of Europe, Middle East & Africa, North America, South America, and Asia Pacific.
• In March 2021, Arxada AG signed a distribution agreement for distribution of healthcare disinfectants with LifeClean International. This agreement covers the commercialization of healthcare disinfectants in Europe.

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