Global Biocides Market is anticipated to reach US$ XX Bn by 2026 from US$ XX Bn in 2019 at a CAGR of 3.10% during a forecast period.Global Biocides Market Overview
Biocides have become more popular in a variety of sectors. Because cooling water systems provide a favourable environment for the development of microorganisms, cooling towers are one of the most common application areas for biocides in power plants, mining, and chemical industries. They can increase corrosion rates and potentially perforate cooling tower and heat exchanger surfaces. The disinfection wipes, sprays, and other cleaning solutions are widely used in the manufacture of home, commercial, and institutional cleaning goods, which are creating demand for oxidizing and non-oxidizing biocides. Similarly, Because of their dual properties, biocides are frequently utilized in the manufacture of personal care products. It's utilized in soaps, face washes, and cleansing conditioners as a preservative and antibacterial ingredient. To protect themselves from skin diseases, consumers are increasingly turning to high-quality substances with cleaning and sanitizing capabilities, a feature that is anticipated to boost the biocides market share.To know about the Research Methodology :- Request Free Sample Report The paints and coatings sector, which has been in instability due to the presence of lead in paints, has extended its capabilities with the introduction of powder coatings. This has broadened the area of biocide's application in the paints and coatings sector since it provides value by protecting the painted surface against microbial contamination. Once the paint has dried, biocides added to the formulator prevent any fungal or microbial growth on the painted surface. The Powder Coatings Market is a significant growth driver for biocides market demand, with a global CAGR of 6.11 percent expected during the forecast period.
Impact of COVID pandemic on the Biocides Market
COVID pandemic has a major impact on the market in terms of sales as more than 44% of sales of units are hampered owing to disruption in transport capabilities of the manufacturers due to stringent norms of lockdown and increasing safety concerns. Furthermore, supply chain interruptions, demand destruction, and changes in customer behavior owing to stringent lockdown conditions across the globe have impacted the biocides market. Due to interruptions in the global supply chain on the one hand, and strong demand for disinfectants for household and personal care on the other, the biocides market is likely to be neutrally affected. Products quickly sold out as demand for hand disinfectants grew, although this was not due to a scarcity of the alcohols themselves. Instead, the stockouts were caused by a lack of containers, filling capacity, and transportation issues. To deal with the scarcity, firms that manufacture or store significant amounts of alcohol began making hand disinfectants for their respective regions. Assuming there is no third wave of COVID-19, sales of the biocide are projected to return to 2019 levels in the second half of 2021. According to industry sources, disinfection biocides will stabilize at a level that is around 5% to 15% higher than pre-coronavirus usage.Global Biocides Market Segmentation Analysis
By Product, Halogen compounds held the largest revenue share of 25.5% in 2019 and are expected to continue their dominance during the forecast period. Fluorine, chlorine, and iodine are all halogens utilized in formulations of biocides. Chlorine is one of the most used halogens in wastewater and municipal drinking water treatment plants because of its antimicrobial characteristics. Chlorines like calcium hypochlorite and sodium hypochlorite are extensively employed in the food and beverage industry. Halogens are predicted to drive this sector by their capacity to inhibit microbiological development and their many uses. By Application, in 2019, the paints and coatings application segment had the highest revenue share of 27.2 percent, and this dominance is expected to continue during the forecast period. Biocides are used in paints and coatings for dry-film preservation, microbial growth inhibition, and in-can preservation. It also aids in the prevention of fungus growth once the film has developed and the paint has dried. As a result, biocides are required to prevent their corrosion in paints and coatings.In water systems such as cooling water systems, pools and spas, pulp and paper mills, municipal drinking water systems, and industrial water treatment systems, biocides are used to prevent antifouling and bacterial or algal contamination. Because of its high organic content, which promotes bacterial/algal development, wastewater is extremely vulnerable to bacterial growth and contamination. As a result, the use of these plants has become a critical component in producing clean and pure water.
Competitive Landscape
Major manufacturers use a variety of techniques, including new product launches, mergers and acquisitions, and foraying into new markets to grow their footprints. As an example, The Lubrizol Corporation would further grow Carbopol Polymer Production in April 2020, boosting the global Life Science Business. The development aids in improving the company's sales. Clariant extended its manufacturing capacity in Europe in February 2020 by releasing new EMEA food oils and biofuels products. The growth aids in the business's income generation.Global Biocides Market Regional Analysis
In 2019, Asia Pacific had the highest revenue share of 35.4 percent, and this is expected to continue throughout the forecast period. During the COVID-19 pandemic, the increased disinfectant output benefited cleaning product use, particularly water treatment. China is one of the world's top producers of freshwater fish, which bodes well for the product's future growth in cleaning products. In North America, continuously developing legislation and rising research and development efforts are likely to affect regional market growth among producers, and end-users. The U.S. market for paints and adhesives and wood conservation drives the regional market primarily. However, due to the faster production of disinfectants, sanitisers, and other cleaning chemicals, a slight increase in consumption may be seen from the cleaning application. The objective of the report is to present a comprehensive analysis of the Global Biocides Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Biocides Market dynamics, structure by analyzing the market segments and project the Global Biocides Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Biocides Market make the report investor’s guide.Global Biocides Market Scope: Inquire before buying
Global Biocides Market by Region
• North America • Asia pacific • Europe • Middle East and Africa • South AmericaGlobal Biocides Market Key Players
• Troy Corporation • Chemtreat, Inc • Neogen Corporation • Finoric LLC • Shanghai Zhongxin Yuxiang Chemicals Co., Ltd • Iro Group Inc • Hubei Jinghong Chemicals Co., Ltd • Wuxi Honor Shine Chemical Co., Ltd • Albemarle Corporation • Lubrizol; BASF SE • Solvay SA • Lanxess AG • Lonza • Momar Inc.(US) • Ozone Tech Systems (Sweden)
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Biocides Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2019 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Biocides Market 3.4. Geographical Snapshot of the Biocides Market, By Manufacturer share 4. Global Biocides Market Overview, 2019-2026 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Biocides Market 5. Supply Side and Demand Side Indicators 6. Global Biocides Market Analysis and Forecast, 2019-2026 6.1. Global Biocides Market Size & Y-o-Y Growth Analysis. 7. Global Biocides Market Analysis and Forecasts, 2019-2026 7.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026 7.1.1. Halogen Compounds 7.1.2. Metallic Compounds 7.1.3. Organosulfur 7.1.4. Organic acids 7.1.5. Quaternary Ammonium Compounds 7.1.6. Phenolic 7.1.7. Nitrogen 7.1.8. Glutaraldehyde 7.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 7.2.1. Food and Beverage 7.2.2. Wood Preservation 7.2.3. Pulp and Paper 7.2.4. Water Treatment 7.2.5. Paints and coatings 8. Global Biocides Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2019-2026 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Biocides Market Analysis and Forecasts, 2019-2026 9.1. Market Size (Value) Estimates & Forecast By Product , 2019-2026 9.1.1. Halogen Compounds 9.1.2. Metallic Compounds 9.1.3. Organosulfur 9.1.4. Organic acids 9.1.5. Quaternary Ammonium Compounds 9.1.6. Phenolic 9.1.7. Nitrogen 9.1.8. Glutaraldehyde 9.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 9.2.1. Food and Beverage 9.2.2. Wood Preservation 9.2.3. Pulp and Paper 9.2.4. Water Treatment 9.2.5. Paints and coatings 10. North America Biocides Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Biocides Market Analysis and Forecasts, 2019-2026 11.1. Market Size (Value) Estimates & Forecast By Product , 2019-2026 11.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 12. Canada Biocides Market Analysis and Forecasts, 2019-2026 12.1. Market Size (Value) Estimates & Forecast By Product , 2019-2026 12.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 13. Mexico Biocides Market Analysis and Forecasts, 2019-2026 13.1. Market Size (Value) Estimates & Forecast By Product , 2019-2026 13.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 14. Europe Biocides Market Analysis and Forecasts, 2019-2026 14.1. Market Size (Value) Estimates & Forecast By Product , 2019-2026 14.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 15. Europe Biocides Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Biocides Market Analysis and Forecasts, 2019-2026 16.1. Market Size (Value) Estimates & Forecast By Product , 2019-2026 16.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 17. France Biocides Market Analysis and Forecasts, 2019-2026 17.1. Market Size (Value) Estimates & Forecast By Product , 2019-2026 17.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 18. Germany Biocides Market Analysis and Forecasts, 2019-2026 18.1. Market Size (Value) Estimates & Forecast By Product , 2019-2026 18.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 19. Italy Biocides Market Analysis and Forecasts, 2019-2026 19.1. Market Size (Value) Estimates & Forecast By Product , 2019-2026 19.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 20. Spain Biocides Market Analysis and Forecasts, 2019-2026 20.1. Market Size (Value) Estimates & Forecast By Product , 2019-2026 20.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 21. Sweden Biocides Market Analysis and Forecasts, 2019-2026 21.1. Market Size (Value) Estimates & Forecast By Product , 2019-2026 21.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 22. CIS Countries Biocides Market Analysis and Forecasts, 2019-2026 22.1. Market Size (Value) Estimates & Forecast By Product , 2019-2026 22.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 23. Rest of Europe Biocides Market Analysis and Forecasts, 2019-2026 23.1. Market Size (Value) Estimates & Forecast By Product , 2019-2026 23.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 24. Asia Pacific Biocides Market Analysis and Forecasts, 2019-2026 24.1. Market Size (Value) Estimates & Forecast By Product , 2019-2026 24.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 25. Asia Pacific Biocides Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Biocides Market Analysis and Forecasts, 2019-2026 26.1. Market Size (Value) Estimates & Forecast By Product , 2019-2026 26.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 27. India Biocides Market Analysis and Forecasts, 2019-2026 27.1. Market Size (Value) Estimates & Forecast By Product , 2019-2026 27.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 28. Japan Biocides Market Analysis and Forecasts, 2019-2026 28.1. Market Size (Value) Estimates & Forecast By Product , 2019-2026 28.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 29. South Korea Biocides Market Analysis and Forecasts, 2019-2026 29.1. Market Size (Value) Estimates & Forecast By Product , 2019-2026 29.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 30. Australia Biocides Market Analysis and Forecasts, 2019-2026 30.1. Market Size (Value) Estimates & Forecast By Product , 2019-2026 30.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 31. ASEAN Biocides Market Analysis and Forecasts, 2019-2026 31.1. Market Size (Value) Estimates & Forecast By Product , 2019-2026 31.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 32. Rest of Asia Pacific Biocides Market Analysis and Forecasts, 2019-2026 32.1. Market Size (Value) Estimates & Forecast By Product , 2019-2026 32.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 33. Middle East Africa Biocides Market Analysis and Forecasts, 2019-2026 33.1. Market Size (Value) Estimates & Forecast By Product , 2019-2026 33.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 34. Middle East Africa Biocides Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2019-2026 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Biocides Market Analysis and Forecasts, 2019-2026 35.1. Market Size (Value) Estimates & Forecast By Product , 2019-2026 35.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 36. GCC Countries Biocides Market Analysis and Forecasts, 2019-2026 36.1. Market Size (Value) Estimates & Forecast By Product , 2019-2026 36.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 37. Egypt Biocides Market Analysis and Forecasts, 2019-2026 37.1. Market Size (Value) Estimates & Forecast By Product , 2019-2026 37.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 38. Nigeria Biocides Market Analysis and Forecasts, 2019-2026 38.1. Market Size (Value) Estimates & Forecast By Product , 2019-2026 38.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 39. Rest of ME&A Biocides Market Analysis and Forecasts, 2019-2026 39.1. Market Size (Value) Estimates & Forecast By Product , 2019-2026 39.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 40. South America Biocides Market Analysis and Forecasts, 2019-2026 40.1. Market Size (Value) Estimates & Forecast By Product , 2019-2026 40.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 41. South America Biocides Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2019-2026 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Biocides Market Analysis and Forecasts, 2019-2026 42.1. Market Size (Value) Estimates & Forecast By Product , 2019-2026 42.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 43. Argentina Biocides Market Analysis and Forecasts, 2019-2026 43.1. Market Size (Value) Estimates & Forecast By Product , 2019-2026 43.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 44. Rest of South America Biocides Market Analysis and Forecasts, 2019-2026 44.1. Market Size (Value) Estimates & Forecast By Product , 2019-2026 44.2. Market Size (Value) Estimates & Forecast By Application, 2019-2026 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Biocides Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Applications 45.2.3.2. M&A Key Players, Forward Integration and Backward Integration 45.3. Company Profile : Key Players 45.3.1. Troy Corporation 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.4. Troy Corporation 45.5. Chemtreat, Inc 45.6. Neogen Corporation 45.7. Finoric LLC 45.8. Shanghai Zhongxin Yuxiang Chemicals Co., Ltd 45.9. Iro Group Inc 45.10. Hubei Jinghong Chemicals Co., Ltd 45.11. Wuxi Honor Shine Chemical Co., Ltd 45.12. Albemarle Corporation 45.13. Lubrizol; BASF SE 45.14. Solvay SA 45.15. Lanxess AG 45.16. Lonza 45.17. Momar Inc.(US) 45.18. Ozone Tech Systems (Sweden) 46.Primary Key Insights