Biocides Market Key Players Analysis 2031
Analyst Perspective
The global biocides market is expected to register a CAGR of ~4%. The surge in growth is fuelled by the consumer product segment, where biocides find applications in various products such as cleaning items, cosmetics, wipes, disinfectants, and laundry detergents. Moreover, there is a noticeable increase in the utilization of biocides as ingredients in preservatives, disinfectants, insecticides, antiseptics, fungicides, and herbicides. Developing environmentally friendly and effective biocides and economic growth in developing countries create new market opportunities and drive demand. The demand for eco-friendly biocides with biodegradable and non-toxic properties presents a lucrative opportunity for manufacturers who can develop sustainable solutions. Manufacturers are actively developing products that can be applied across various uses, aligning with sustainability and regulatory requirements. Regulatory hurdles, microbial resistance, and costly innovation are significant challenges for the growth of the biocides market.
Market Overview
Biocides are chemicals designed to manage and reduce the impact of harmful microbes. The biocides market is experiencing growth due to the increased use of biocides in various sectors. Notably, water treatment and painting benefit from biocides, with halogens like chlorine and fluorine effectively removing impurities. In painting, biocides prevent microbial growth on building walls post-drying, enhancing overall building quality. The oil and gas industry finds biocides valuable, especially in underground storage tanks. Adding biocides at the right concentration inhibits harmful microbial growth like bacteria, fungi, and yeast inside fuel, thereby improving fuel quality. Rapid economic growth in developing countries leads to increased demand for consumer goods and infrastructure, which drives the demand for biocides used in paints, coatings, and construction materials. As consumers become more environmentally conscious, there is a rising demand for eco-friendly and natural biocides. Companies are leaning towards biocides with low toxicity, minimal environmental impact, and biodegradable properties.
Market Drivers
- Increasing demand for water treatment
Growing populations and urbanization strain freshwater resources, leading to increased demand for efficient water treatment. Biocides are crucial in disinfecting water and preventing harmful microorganisms' growth.
- Growing awareness of hygiene and sanitation
Increasing awareness of the importance of hygiene and sanitation, particularly in healthcare settings and food processing facilities, is boosting the demand for biocides used in disinfectants and preservatives.
Market Segmentation
The biocides market is segmented based on type, and application. The market is segmented based on type into halogen compounds, organic acids, nitrogen-based biocides, metallic compounds, and organosulfur compounds. The biocides market is segmented based on application into water treatment, food and beverage, boilers and industrial cooling towers, personal care, paints and coatings, oil and gas, marine industry, and others.
REGIONAL FRAMEWORK
The report provides a detailed industry overview, which includes qualitative and quantitative information. It gives information on an overview and forecast of the global biocides market based on several segments. It also provides market size and forecast estimates from 2021 to 2031 concerning five major regions: Europe, North America, Asia-Pacific (APAC), Middle East & Africa (MEA) and South & Central America. The market by region is also sub-segmented by respective countries and segments. The biocides market report covers an analysis and forecast of eighteen countries globally and the prevailing trends and opportunities in the region.
The report analyses factors affecting the biocides market from both the demand and supply side. Furthermore, it evaluates market dynamics during the forecast period, i.e., drivers, challenges, opportunities, and future trends. The report also provides an extensive Porter's Five Forces analysis highlighting factors affecting the biocides market in these regions.
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The report provides a detailed industry overview, which includes qualitative and quantitative information. It gives information on an overview and forecast of the global biocides market based on several segments. It also provides market size and forecast estimates from 2021 to 2031 concerning five major regions: Europe, North America, Asia-Pacific (APAC), Middle East & Africa (MEA) and South & Central America. The market by region is also sub-segmented by respective countries and segments. The biocides market report covers an analysis and forecast of eighteen countries globally and the prevailing trends and opportunities in the region.
The report analyses factors affecting the biocides market from both the demand and supply side. Furthermore, it evaluates market dynamics during the forecast period, i.e., drivers, challenges, opportunities, and future trends. The report also provides an extensive Porter's Five Forces analysis highlighting factors affecting the biocides market in these regions.
MARKET PLAYERS
The reports cover vital organic and inorganic growth strategy developments in the biocides market. Various companies concentrate on organic growth strategies such as product launches, approvals, patents, and others. Inorganic growth strategies activities observed in the market were acquisitions, partnerships & collaborations. These activities have paved the way for the development of the business and customer base of market players. The market players in the biocides market are estimated to have lucrative growth opportunities with the increasing importance of hygiene and sanitation in the global market.
The report includes key companies' profiles, SWOT analysis, and biocides market strategies. The report also focuses on leading market players with information including components and services offered, company profiles, financial information for the last three years, and critical development in the past five years.
Below is a list of companies engaged in the biocides market.
- Albemarle Corporation
- AkzoNobel NV
- Lubrizol Corporation
- Basf Se
- Clariant AG
- Kemira Group
- Lanxess AG
- Lonza
- Solvay
- DOW Chemical Company
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Biocides Market - By Type
1.3.2 Biocides Market - By End-user Industry
1.3.3 Biocides Market - By Region
1.3.3.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. BIOCIDES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. BIOCIDES MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. BIOCIDES MARKET - GLOBAL MARKET ANALYSIS
6.1. BIOCIDES - GLOBAL MARKET OVERVIEW
6.2. BIOCIDES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. BIOCIDES MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. METALLIC COMPOUNDS
7.3.1. Overview
7.3.2. Metallic Compounds Market Forecast and Analysis
7.3.3. Copper Market
7.3.3.1. Overview
7.3.3.2. Copper Market Forecast and Analysis
7.3.4. Mercury Market
7.3.4.1. Overview
7.3.4.2. Mercury Market Forecast and Analysis
7.3.5. Magnesium Market
7.3.5.1. Overview
7.3.5.2. Magnesium Market Forecast and Analysis
7.3.6. Others Market
7.3.6.1. Overview
7.3.6.2. Others Market Forecast and Analysis
7.4. HALOGEN BASED BIOCIDES
7.4.1. Overview
7.4.2. Halogen Based Biocides Market Forecast and Analysis
7.4.3. Chlorine Market
7.4.3.1. Overview
7.4.3.2. Chlorine Market Forecast and Analysis
7.4.4. Bromine Market
7.4.4.1. Overview
7.4.4.2. Bromine Market Forecast and Analysis
7.4.5. Iodine Market
7.4.5.1. Overview
7.4.5.2. Iodine Market Forecast and Analysis
7.4.6. Others Market
7.4.6.1. Overview
7.4.6.2. Others Market Forecast and Analysis
7.5. ORGANIC ACIDS
7.5.1. Overview
7.5.2. Organic Acids Market Forecast and Analysis
7.5.3. Formic Acid Market
7.5.3.1. Overview
7.5.3.2. Formic Acid Market Forecast and Analysis
7.5.4. Lactic Acid Market
7.5.4.1. Overview
7.5.4.2. Lactic Acid Market Forecast and Analysis
7.5.5. Others Market
7.5.5.1. Overview
7.5.5.2. Others Market Forecast and Analysis
7.6. SULPHONES
7.6.1. Overview
7.6.2. Sulphones Market Forecast and Analysis
7.7. PHENOL BASED
7.7.1. Overview
7.7.2. Phenol Based Market Forecast and Analysis
7.8. OTHERS
7.8.1. Overview
7.8.2. Others Market Forecast and Analysis
8. BIOCIDES MARKET - REVENUE AND FORECASTS TO 2028 - END-USER INDUSTRY
8.1. OVERVIEW
8.2. END-USER INDUSTRY MARKET FORECASTS AND ANALYSIS
8.3. FOOD AND BEVERAGE
8.3.1. Overview
8.3.2. Food and Beverage Market Forecast and Analysis
8.4. CONSTRUCTION
8.4.1. Overview
8.4.2. Construction Market Forecast and Analysis
8.5. AGRICULTURE
8.5.1. Overview
8.5.2. Agriculture Market Forecast and Analysis
8.6. PHARMACEUTICALS
8.6.1. Overview
8.6.2. Pharmaceuticals Market Forecast and Analysis
8.7. PERSONAL CARE
8.7.1. Overview
8.7.2. Personal Care Market Forecast and Analysis
8.8. WATER TREATMENT
8.8.1. Overview
8.8.2. Water Treatment Market Forecast and Analysis
8.9. PAINTS AND COATINGS
8.9.1. Overview
8.9.2. Paints and Coatings Market Forecast and Analysis
8.10. OTHERS
8.10.1. Overview
8.10.2. Others Market Forecast and Analysis
9. BIOCIDES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Biocides Market Overview
9.1.2 North America Biocides Market Forecasts and Analysis
9.1.3 North America Biocides Market Forecasts and Analysis - By Type
9.1.4 North America Biocides Market Forecasts and Analysis - By End-user Industry
9.1.5 North America Biocides Market Forecasts and Analysis - By Countries
9.1.5.1 United States Biocides Market
9.1.5.1.1 United States Biocides Market by Type
9.1.5.1.2 United States Biocides Market by End-user Industry
9.1.5.2 Canada Biocides Market
9.1.5.2.1 Canada Biocides Market by Type
9.1.5.2.2 Canada Biocides Market by End-user Industry
9.1.5.3 Mexico Biocides Market
9.1.5.3.1 Mexico Biocides Market by Type
9.1.5.3.2 Mexico Biocides Market by End-user Industry
9.2. EUROPE
9.2.1 Europe Biocides Market Overview
9.2.2 Europe Biocides Market Forecasts and Analysis
9.2.3 Europe Biocides Market Forecasts and Analysis - By Type
9.2.4 Europe Biocides Market Forecasts and Analysis - By End-user Industry
9.2.5 Europe Biocides Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Biocides Market
9.2.5.1.1 Germany Biocides Market by Type
9.2.5.1.2 Germany Biocides Market by End-user Industry
9.2.5.2 France Biocides Market
9.2.5.2.1 France Biocides Market by Type
9.2.5.2.2 France Biocides Market by End-user Industry
9.2.5.3 Italy Biocides Market
9.2.5.3.1 Italy Biocides Market by Type
9.2.5.3.2 Italy Biocides Market by End-user Industry
9.2.5.4 United Kingdom Biocides Market
9.2.5.4.1 United Kingdom Biocides Market by Type
9.2.5.4.2 United Kingdom Biocides Market by End-user Industry
9.2.5.5 Russia Biocides Market
9.2.5.5.1 Russia Biocides Market by Type
9.2.5.5.2 Russia Biocides Market by End-user Industry
9.2.5.6 Rest of Europe Biocides Market
9.2.5.6.1 Rest of Europe Biocides Market by Type
9.2.5.6.2 Rest of Europe Biocides Market by End-user Industry
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Biocides Market Overview
9.3.2 Asia-Pacific Biocides Market Forecasts and Analysis
9.3.3 Asia-Pacific Biocides Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Biocides Market Forecasts and Analysis - By End-user Industry
9.3.5 Asia-Pacific Biocides Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Biocides Market
9.3.5.1.1 Australia Biocides Market by Type
9.3.5.1.2 Australia Biocides Market by End-user Industry
9.3.5.2 China Biocides Market
9.3.5.2.1 China Biocides Market by Type
9.3.5.2.2 China Biocides Market by End-user Industry
9.3.5.3 India Biocides Market
9.3.5.3.1 India Biocides Market by Type
9.3.5.3.2 India Biocides Market by End-user Industry
9.3.5.4 Japan Biocides Market
9.3.5.4.1 Japan Biocides Market by Type
9.3.5.4.2 Japan Biocides Market by End-user Industry
9.3.5.5 South Korea Biocides Market
9.3.5.5.1 South Korea Biocides Market by Type
9.3.5.5.2 South Korea Biocides Market by End-user Industry
9.3.5.6 Rest of Asia-Pacific Biocides Market
9.3.5.6.1 Rest of Asia-Pacific Biocides Market by Type
9.3.5.6.2 Rest of Asia-Pacific Biocides Market by End-user Industry
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Biocides Market Overview
9.4.2 Middle East and Africa Biocides Market Forecasts and Analysis
9.4.3 Middle East and Africa Biocides Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Biocides Market Forecasts and Analysis - By End-user Industry
9.4.5 Middle East and Africa Biocides Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Biocides Market
9.4.5.1.1 South Africa Biocides Market by Type
9.4.5.1.2 South Africa Biocides Market by End-user Industry
9.4.5.2 Saudi Arabia Biocides Market
9.4.5.2.1 Saudi Arabia Biocides Market by Type
9.4.5.2.2 Saudi Arabia Biocides Market by End-user Industry
9.4.5.3 U.A.E Biocides Market
9.4.5.3.1 U.A.E Biocides Market by Type
9.4.5.3.2 U.A.E Biocides Market by End-user Industry
9.4.5.4 Rest of Middle East and Africa Biocides Market
9.4.5.4.1 Rest of Middle East and Africa Biocides Market by Type
9.4.5.4.2 Rest of Middle East and Africa Biocides Market by End-user Industry
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Biocides Market Overview
9.5.2 South and Central America Biocides Market Forecasts and Analysis
9.5.3 South and Central America Biocides Market Forecasts and Analysis - By Type
9.5.4 South and Central America Biocides Market Forecasts and Analysis - By End-user Industry
9.5.5 South and Central America Biocides Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Biocides Market
9.5.5.1.1 Brazil Biocides Market by Type
9.5.5.1.2 Brazil Biocides Market by End-user Industry
9.5.5.2 Argentina Biocides Market
9.5.5.2.1 Argentina Biocides Market by Type
9.5.5.2.2 Argentina Biocides Market by End-user Industry
9.5.5.3 Rest of South and Central America Biocides Market
9.5.5.3.1 Rest of South and Central America Biocides Market by Type
9.5.5.3.2 Rest of South and Central America Biocides Market by End-user Industry
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. BIOCIDES MARKET, KEY COMPANY PROFILES
11.1. AKZONOBEL NV
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BASF SE
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. CLARIANT AG
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. KEMIRA OYJ
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. LANXESS
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. LONZA
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. SOLVAY
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. THE DOW CHEMICAL COMPANY
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. THOR SPECIALTIES SRL
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. TROY CORPORATION
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies
1. AkzoNobel NV
2. BASF SE
3. Clariant AG
4. Kemira Oyj
5. LANXESS
6. Lonza
7. Solvay
8. The Dow Chemical Company
9. Thor Specialties Srl
10. Troy Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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