Press release
Biocides Market Anticipated To Reach USD 16.07 Bn.by 2030, Growing at 3.9% CAGR from 2024-2030
The Biocides Market is expected to reach US$ 16.07 Bn. in 2030 from US$ 12.30 Bn. in 2023, with a CAGR of 3.9% for the period 2024-2030.Biocides Market Overview:
The Biocides Market is undergoing a remarkable surge as industries across the globe respond to growing concerns over hygiene, microbial control, and industrial water treatment. Biocides-substances that prevent or control the growth of harmful organisms-are witnessing increased adoption in water treatment, healthcare, personal care, paints & coatings, and the food industry. According to Maximize Market Research, the global market is poised for steady growth through 2030, with demand expanding in both developed and emerging markets driven by environmental and safety considerations.
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Biocides Market Dynamics
Stringent regulations around sanitation, water safety, and product shelf life have become primary growth drivers for the biocides market. A rising global population, rapid industrialization, and climate change are putting pressure on clean water resources, pushing the adoption of biocides in municipal and industrial water treatment. The COVID-19 pandemic further accelerated demand for disinfectants and preservatives in medical and consumer environments.
However, environmental toxicity concerns and resistance development are compelling manufacturers to shift toward eco-friendly and biodegradable formulations, ushering in a new era of innovation.
Biocides Market Outlook and Future Trends :
From 2024 to 2030, the market will witness a strong shift toward sustainable and targeted biocide solutions. Non-toxic, silver-based, and plant-derived biocides are expected to dominate the innovation landscape. The paints and coatings industry, especially in marine and architectural applications, is expected to be a major demand center. Growing awareness around Legionella prevention in HVAC systems and healthcare settings will also fuel demand. Asia-Pacific is emerging as the fastest-growing market, with regional governments prioritizing water and hygiene infrastructure investments.
Key Recent Developments
In the United States, Lonza and LANXESS are expanding their biocidal product lines with green-certified disinfectants and preservatives, especially targeting the healthcare and household cleaning sectors. In Europe, BASF and Solvay have announced R&D initiatives aimed at replacing harmful halogenated biocides with biodegradable alternatives, aligning with EU REACH compliance goals.
In Japan, Shionogi & Co. has entered a joint venture with local chemical companies to manufacture medical-grade biocides used in surgical sterilization. South Korea's LG Household & Health Care is leveraging biocides in premium home care products and has recently increased production capacity for silver-based antimicrobials. Singapore continues to be a hub for R&D in antimicrobial coatings and has launched government-backed pilot programs integrating biocides in public infrastructure cleaning and air quality systems.
In Vietnam, increased demand in the agricultural sector has prompted partnerships between domestic chemical producers and foreign players to introduce biocides that enhance crop protection with minimal environmental impact. Thailand has seen SCG Chemicals invest in research for biodegradable biocides for use in packaging and personal care, aiming to reduce reliance on imports and support its bio-economy roadmap.
Biocides Market Segmentation
by Grade
Food Grade
Pharmaceutical Grade
Industrial/ Technical Grade
by Type
Metallic Compounds
Halogen-Based Biocides
Organic Acids
Sulphones
Phenol-Based Biocides
Others
by End User
Food & Beverages
Construction
Agriculture
Pharmaceutical
Personal Care
Water Treatment
Paints & Coatings
Home Care
Others
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Some of the current players in the Biocides Market are:
1. Bayer Material Science
2. BASF SE
3. Berkshire Hathaway
4. Clariant Ag
5. Corbion N.V.
6. DUPONT
7. Kemin Industries, Inc.
8. Kerry
9. Lanxess Ag
10.Lonza Group Ag
11.Nouryon
12.Solvay Sa
13.Thor Group Limited
14.Ecolab Inc.
15.Solenis
16.Veolia
17.Sigura Water
18.Italmatch chemicals
19.Albemarle Corporation
20.ICL Group
21.Accepta Water Treatment
22.Buckman Laboratories Interanational Inc.
23.B&V Chemicals
24.Kimberlite Chemicals
25.Kurita Water Industries
26.Melzer Chemicals Pvt. Ltd.
27.Momar Inc.
28.Ozone Tech Systems
29.Chemicrea Inc
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Global Magnetite Nanoparticles Market https://www.maximizemarketresearch.com/market-report/global-magnetite-nanoparticles-market/103271/
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About Maximize Market Research:
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
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