Biocides Market by Type (Metallic Compounds, Halogen-Based Derivatives, Organic Acid, Sulfones, Phenol Based, and Others), and End Use Industry (Food & Beverages, Construction, Agriculture, Pharmaceuticals, Personal Care, Water Treatment, Paints & Coatings, and Others)
The effects of biocides are based on its chemical properties, size & characteristics of the organism, biocide concentration, treatment/application process, contact time, and water quality. Biocides are substances or mixtures consisting one or more active substances to inhibit microbial activities and exert a controlling effect on harmful & undesired organisms. They cover a wide range of products such as disinfectants, wood preservatives, rodenticides, antifouling agents, and preservatives, which are applicable in hospitals, homes, industries to destroy and control viruses, bacteria, algae, molds, insects, and mice. The use of biocides for water treatment in various sectors such as household, industrial, and commercial has led to the growth in demand for biocides. North America is expected to emerge as the market leader for biocides owing to stringent regulations toward the supply & usage of toxic & untreated drinking water and rise in demand from end-use sectors such as plastics, food processing, paper & pulp, and personal care.
The market for biocides has considerably grown in the recent past due to rapid growth of waste water treatment applications among industrial and residential sectors. The global biocides market was valued at $6,479 million in 2015, and is projected to reach $9,912 million by 2022, growing at a CAGR of 6.3% from 2016 to 2022. This is attributed to rapid growth of end user industries, increase in demand for biocides from construction industry, rapid growth of the agriculture industry, and rise in investments waste water treatment industry.
Developing countries have witnessed high demand for biocides, owing to rapid industrialization and increase in demand from oil & gas sectors such as oilfield, pipeline, and refinery. Additive applications such as use of hydraulic fracturing techniques (tight oil and shale gas formations), which require biocides to prevent corrosion and production issues that may be caused by bacterial contamination is further expected to fuel demand for biocides. Rise in demand from pulp & paper manufacturing and plastics production, and increase in awareness for protection against growth of bacteria and pathogens in food & beverage industry are anticipated to drive the market growth in forecast period. Moreover, it has become a regulatory trend to replace conventional chemicals such as chlorine in industrial water treatment applications with low-cost commodities to be further used in municipal water treatment. Market players focus on catering to the high demand for specialty biocides and its products and their variability. However, environmental concerns about the disposal and impact of halogen-based compounds is projected to reduce market penetration for these products by 2020. This has resulted in reduced use of halogen-based biocides, thus hampering the growth of the market.
The global biocides market is segmented on the basis of type, end use industry, and geography. Based on type, the market is classified into metallic compounds, halogen-based derivatives, organic acids, sulfones, phenol based, and others. The metallic compounds segment dominated the global market in 2014, and is anticipated to maintain its dominance throughout the forecast period. The halogen-based segment is estimated to grow at a significant CAGR of 5.2% during the forecast period. By end use industry, the market is categorized into food & beverages, construction, agriculture, pharmaceuticals, personal care, water treatment, paints & coatings, and others. Geographically, the market is analyzed across North America, Europe, Asia-pacific, and LAMEA.
Leading market players have largely invested in R&D activities to develop advanced products to cater to the demand of end users.
The Major Players In The Biocides Market Include:
The Dow Chemical Company
Key Benefits for Stakeholders
The report provides an extensive analysis of the current and emerging market trends and opportunities in the global biocides market.
The report includes a detailed qualitative and quantitative analyses of the current market estimations during the forecast period to determine the prevailing market opportunities.
Comprehensive analysis of factors that drive and restrict the growth of the market is provided in the report.
Comprehensive regional analysis of the market based on primary as well as secondary sources is provided.
Extensive analysis of the market is conducted by following key product positioning and by monitoring the top competitors.
The report provides extensive qualitative insights on the potential and niche segments or regions.
The report provides key insights on strategic analysis of various companies and value chain analysis of the market.
Biocides Market Key Segments
Others (Tin, Tellurium, And Silver)
Others (Fluorine And Astatine)
Others (Nitrogen Based And Inorganic Biocides)
By End User Industry
Food & Beverage
Paints & Coatings
Rest Of Europe
Rest Of Asia-Pacific
Rest Of LAMEA
1.1. Report Description
1.2. Key Benefits For Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Analyst Tools And Models
Chapter 2 Executive Summary
2.1. CXO Perspective
Chapter 3 Market Overview
3.1. Market Definition And Scope
3.2. Key Findings
3.2.1. Top Investment Pockets, By End-User Industry
3.2.2. Top Winnng Strategies
3.3. Porters Five Forces Analysis
3.3.1. Bargaining Power Of Suppliers
3.3.2. Bargaining Power Of Buyers
3.3.3. Threat Of New Entrants
3.3.4. Threat Of Substitutes
3.3.5. Competitive Rivalry
3.4. Market Dynamics
126.96.36.199. Increase In Demand For Water For Domestic/Industrial Purposes
188.8.131.52. Growth Of End-Users
184.108.40.206. Rising Demand From Industrial Applications
220.127.116.11. Environmental Regulations On Toxic Biocides
18.104.22.168. Volatility In Raw Material Costs
22.214.171.124. Market Opportunity For Silver Based Biocides
126.96.36.199. Development Of Total Organic Biocide Systems
Chapter 4 Biocides Market, By Type
4.1.1. Market Size & Forecast
4.2. Metallic Compounds
4.2.1. Key Market Trends And Growth Opportunities
4.2.2. Market Size & Forecast
4.3. Halogen Based Biocides
4.3.1. Key Market Trends And Growth Opportunities
4.3.2. Market Size & Forecast
4.4. Organic Acids
4.4.1. Key Market Trends And Growth Opportunities
4.4.2. Market Size & Forecast
4.4.3. Formic Acid
4.4.4. Lactic Acid
4.5.1. Key Market Trends Growth Factors And Opportunities
4.5.2. Market Size & Forecast
4.6. Phenol Based
4.6.1. Key Market Trends And Growth Opportunities
4.6.2. Market Size & Forecast
4.7. Others (Nitrogen Based, Inorganic Biocides)
4.7.1. Key Market Trends And Growth Opportunities
4.7.2. Market Size & Forecast
Chapter 5 Global Biocides Market, By End-User Industry
5.1.1. Market Size And Forecast
5.2. Food And Beverage
5.2.1. Key Market Trends And Growth Pportunities
5.2.2. Market Size And Forecast
5.3.1. Key Market Trends And Growth Pportunities
5.3.2. Market Size And Forecast
5.4.1. Key Market Trends And Growth Opportunities
5.4.2. Market Size And Forecast
5.5.1. Key Market Trends And Growth Opportunities
5.5.2. Market Size And Forecast
5.6. Personal Care
5.6.1. Key Market Trends And Growth Opportunities
5.6.2. Market Size And Forecast
5.7. Water Treatment
5.7.1. Key Market Trends And Growth Opportunities
5.7.2. Market Size And Forecast
5.8. Paints And Coatings
5.8.1. Key Market Trends And Growth Opportunities
5.8.2. Market Size And Forecast
5.9.1. Key Market Trends And Growth Opportunities
5.9.2. Market Size And Forecast
Chapter 6 Global Biocides Market, By Geography
6.1.1. Market Size And Forecast
6.2. North America
6.2.1. Key Market Trends And Growth Opportunities
6.2.2. Market Size & Forecast
188.8.131.52. Market Size & Forecast
184.108.40.206. Market Size & Forecast
220.127.116.11. Market Size & Forecast
6.3.1. Key Market Trends And Growth Opportunities
6.3.2. Market Size & Forecast
18.104.22.168. Market Size & Forecast
22.214.171.124. Market Size & Forecast
126.96.36.199. Market Size & Forecast
188.8.131.52. Market Size & Forecast
184.108.40.206. Market Size & Forecast
6.3.8. Rest Of Europe
220.127.116.11. Market Size & Forecast
6.4.1. Key Market Trends, Growth & Opportunities
6.4.2. Market Size & Forecast
18.104.22.168. Market Size & Forecast
22.214.171.124. Market Size & Forecast
126.96.36.199. Market Size & Forecast
188.8.131.52. Market Size & Forecast
184.108.40.206. Market Size & Forecast
6.4.8. Rest Of Asia-Pacific
220.127.116.11. Market Size & Forecast
6.5.1. Market Size & Forecast
18.104.22.168. Market Size & Forecast
6.5.3. South Africa
22.214.171.124. Market Size & Forecast
126.96.36.199. Market Size & Forecast
6.5.5. Rest Of Lamea
188.8.131.52. Market Size & Forecast
Chapter 7 Company Profiles
7.1. Akzonobel N.V.
7.1.1. Company Overview
7.1.2. Operating Business Segments
7.1.3. Business Performance
7.1.4. Key Strategies And Developments
7.2. Basf Se
7.2.1. Company Overview
7.2.2. Operating Business Segments
7.2.3. Business Performance
7.2.4. Key Strategies And Developments
7.3.1. Company Overview
7.3.2. Operating Business Segments
7.3.3. Business Performance
7.3.4. Key Strategies And Developments
7.4. Dow Chemicals
7.4.1. Company Overview
7.4.2. Operating Business Segments
7.4.3. Business Performance
7.4.4. Key Strategies And Developments
7.5. Kemira Oyj
7.5.1. Company Overview
7.5.2. Operating Business Segments
7.5.3. Business Performance
7.5.4. Key Strategies And Developments
7.6. Lanxess Ag
7.6.1. Company Overview
7.6.2. Operating Business Segments
7.6.3. Business Performance
7.6.4. Key Strategies And Developments
7.7. Lonza Chemicals
7.7.1. Company Overview
7.7.2. Operating Business Segments
7.7.3. Business Performance
7.7.4. Key Strategies And Developments
7.8. Solvay S.A.
7.8.1. Company Overview
7.8.2. Operating Business Segments
7.8.3. Business Performance
7.8.4. Key Strategies And Developments
7.9. Thor Group
7.9.1. Company Overview
7.9.2. Operating Business Segments
7.9.3. Business Performance
7.9.4. Key Strategies And Developments
7.10. Troy Corporation
7.10.1. Company Overview
7.10.2. Operating Business Segments
7.10.3. Business Performance
7.10.4. Key Strategies And Developments
Biocides Market Report, forecasts that the global market was valued at $6,479 million in 2015, and is expected to reach $9,912 million by 2022, supported by a CAGR of 6.3% during the forecast period 2014 to 2022. The metallic compounds segment held nearly two-fifths of the total market share in 2015.
Biocides are chemicals that combat pests or microorganisms such as molds, bacteria, algae, insects, and rodents. Biocides include various products such as disinfectants, wood preservatives, rodenticides, antifouling agents (on boats), and in-can preservatives, which are used in homes, hospitals, industries, and others. Biocide preservation applications that encompass preservation of water-based paints, adhesives, polymer dispersions, and metal working fluids (implied during the shaping of metals) have high market demand, accounting for the highest consumption of speciality biocides both in terms of volume and value. Despite regulatory pressures reducing the number of biocides depending on their concentrations in end products, blends of carefully selected biocidal active substances in optimal ratios coupled with new advancements provide improved preservation solutions without the need for cautionary labelling.
Presently, the global biocides market is witnessing vivid opportunities due to increased focus of governments of various economies on the consumption of clean water. Biocides also find wide array of applications in a broad range of products such as antimicrobial coatings and food & pulp industry. Moreover, they control sulfate reducing bacteria and slime forming bacteria in oil well drilling, oil field processing, and gas storage equipment. Thus, emerging applications of biocides is another major factor anticipated to propel the growth of the global biocides market over the forecast period. In addition, growth in need for agrochemicals due to rise in demand for high-quality pest-free crops is another key aspect that drives the growth of global biocides market.
Biocides are used in a wide variety of materials to protect against biological infestation and growth. Biocidal metallic compounds such as copper and tin have found effective usage in preservation of metalworking fluids or hydraulic fluids to deter bacterial growth. Metallic compounds have proved to be effective in removal of various corrosion levels in boilers. Furthermore, increase in export and import of biocides across countries owing to their major applications in agricultural pesticides & insecticides and water treatment setups are some of the key factors that are projected to fuel the demand for biocides in the coming years.
Metallic compounds segment accounted for around one-fourth share, in terms of volume, in 2015. In response to the perennial modifications in the wood preservation industry as well as agricultural industry, efficient biocides are currently in high demand across the globe. Thus, increase in demand for copper and zinc-based biocides especially for protection of crops is one of the major aspects that fuel the demand for biocides globally.
KEY FINDINGS OF BIOCIDES MARKET:
In terms of volume, the water treatment segment is projected to show highest growth rate during the analysis period.
Asia-Pacific is projected to maintain its lead position throughout 2022, and is projected to grow at a CAGR of 6.0%, in terms of volume.
Agriculture application segment occupied for approximately one-fourth of the total market in 2015.
China occupied for around one-third of the total Asia-Pacific biocides market in 2015.
In terms of value, Korea is expected to grow at a high CAGR of 7.6% in Asia-Pacific market from 2016 to 2022.
In 2015, Asia-Pacific and LAMEA collectively accounted for more than half of the total biocides market, and are expected to continue this trend due to increase in investments in the modernization of agricultural techniques and rising infrastructural development, specifically in China, India, Brazil, and other developing economies. Moreover, rise in urban population demanding efficient water treatment facilities is the major reason that drives the growth of biocides market.
The major companies profiled in the report include The Dow Chemical Company, Troy Corporation, BASF SE, Thor Group, AkzoNobel N.V., Clariant Corporation, Lanxess AG, Solvay SA, Kemira OYJ, and Lonza Chemicals.
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.