Biocides Market on Path to Hit $18.41 Billion by 2029 at 7.9% CAGR

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Biocides Market Outlook: What Size And CAGR Are Anticipated By 2025?
The size of the biocides market has been incrementing consistently in the previous years. The rise is from $12.99 billion in 2024 progressively increasing to $13.56 billion in 2025 with a compound annual growth rate (CAGR) of 4.4%. This progression during the historical phase is due to the increasing population and urbanization, growth in healthcare sector, heightened hygiene awareness, awareness surrounding water quality and rigorous restrictions on preservatives along with preventive methodologies in agriculture.

What Is the Expected CAGR for the Biocides Market Growth Through 2029?
In the upcoming years, the biocides market is projected to experience robust growth, expanding to a value of $18.41 billion in 2029 with a compound annual growth rate (CAGR) of 7.9%. Factors contributing to the projected uplift in this period include the advent of bio-based biocides, the expansion in oil and gas exploration, increased demand in wood preservation, a rising awareness amongst consumers, a growing emphasis on antimicrobial textiles, and an upward trend in personal care products. Within the forecast period, major trends are expected to be the amplifying use in water treatment, innovative approaches to microbial control, the implementation of biosecurity precautions in agriculture, an increase in antifouling solutions, as well as the emergence of new technologies for biocide delivery.

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What Are the Primary Drivers Behind Biocides Market Growth?
The growth of the biocide market is being propelled by a heightened use of antimicrobial protection in end-use industries. Antimicrobial protection denotes any substance capable of reducing or inhibiting the presence of microorganisms, like bacteria and mold. Biocides are extensively utilized for their antimicrobial, disinfectant, and preservative properties in various industries including agrochemicals, food & beverages, water treatment, paints & coatings, cosmetics & personal care, oil & gas, and pulp & paper. Within hospitals and healthcare institutions, biocides are vital for preventing and managing the propagation of infectious diseases. For instance, in March 2024, the Food & Drug Administration (FDA) informed about provision of cooperative agreements with a sum of three awards worth $600,000 for the fiscal year (FY) 2024 and an anticipated five awards amounting to $1,000,000 for FY 2025. The funding initiative is a part of FDA's continuous efforts to compile data related to the use of antimicrobials in animals. Thus, the heightened usage of antimicrobial protection in end-use industries is stimulating the growth of the biocides market.

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What Are the Key Segments Driving Biocides Market Growth?
The biocides market covered in this report is segmented -

1) By Type: Oxidizing Biocides, Non-Oxidizing Biocides
2) By Grade: Food Grade, Pharmaceutical Grade, Industrial Or Technical Grade
3) By End User: Agrochemicals, Food And Beverages, Water Treatment, Paints And Coatings, Wood Preservatives, Cleaning Agents, Other End Users

Subsegments:
1) By Oxidizing Biocides: Chlorine Compounds, Bromine Compounds, Hydrogen Peroxide, Ozone
2) By Non-Oxidizing Biocides: Quaternary Ammonium Compounds (Quats), Phenolic Compounds, Isothiazolinones, Alcohols, Others (Carbamates, Glycols)

What Are the Technological Trends Impacting the Biocides Market?
Leading firms in the biocides and animal market are focusing on the creation of inventive products like ENTAZIA, aiming to assist rice farmers in safeguarding their crops and boosting productivity. ENTAZIA, a wide-ranging biocide, is efficient in tackling numerous plant maladies, inclusive of rice leaf blight while being highly selective, rendering it potent against detrimental organisms but not affecting the beneficial ones. For example, FMC Corporation, an American chemical production company, initiated their newest biocide, ENTAZIA, to fight rice leaf blight in India in August 2023. Based on a distinctive active component - fluopicolide, ENTAZIA is touted as a next-generation biocide, recognised for its broad-spectrum capability, high selectivity, systemic function, and negligible environmental effect. On the whole, ENTAZIA is a robust and efficacious biocide designed to aid rice cultivators in defending their crops and promoting productivity.

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Who Are the Major Competitors in the Global Biocides Market?
Major companies operating in the biocides market are Chem Treat Inc., The Dow Chemical Company, LANXESS AG, Thor Group Limited, BASF SE, Kemira Oyj, Solvay SA, Nouryon Holding B.V., Solenis LLC, Veolia Environnement S.A., Troy Corporation, Sigma-Aldrich Corporation, BWA Water Additives, General Electric Company, Italmatch Chemicals S.p.A., Ecolab Inc., Evonik Industries AG, Clariant AG, Corbion NV, Kemin Industries Inc., Albemarle Corporation, Reckitt Benckiser Group PLC, GOJO Industries Inc., Henkel AG & Co. KGaA, Unilever N.V., Akzo Nobel NV, Buckman Laboratories International Inc., Hexion Inc., Lonza Group Ltd.

Which Region Dominates the Biocides Market Share in 2025?
Asia-Pacific was the largest region in the biocides market in 2024. The regions covered in the biocides market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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