Quick Summary:
In an increasingly complex and evolving market, understanding the driving forces behind industry growth is crucial. The Biocides market is a perfect example of this evolutionary market, estimated to have a revised total size of $14.3 Billion by 2030. By diving into this in-depth market research report, you will gain a comprehensive overview of the market, broadening your scope of knowledge and solidifying your grasp on potential opportunities and risks.
Whether you're based in the U.S, valued at $3 Billion, or in the rapidly growing Chinese market, projected to reach a size of $2.9 Billion, this report is intended for anyone seeking a comprehensive knowledge of the Biocides industry. Featuring key insights from 62 competitors, including prominent players such as Akzo Nobel NV and BASF Corporation, exploring industry growth trends and forecasting changes in the market, it’s an indispensable asset for any executive in the industry. Become an active participant in shaping the future of the Biocides market, starting with unrivaled research knowledge right at your fingertips.
Global Biocides Market to Reach $14.3 Billion by 2030
The global market for Biocides estimated at US$11 Billion in the year 2022, is projected to reach a revised size of US$14.3 Billion by 2030, growing at a CAGR of 3.4% over the analysis period 2022-2030. Household & Personal Care, one of the segments analyzed in the report, is projected to record a 3.7% CAGR and reach US$5.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Water Treatment segment is readjusted to a revised 3.2% CAGR for the next 8-year period.
The U.S. Market is Estimated at $3 Billion, While China is Forecast to Grow at 5.7% CAGR
The Biocides market in the U.S. is estimated at US$3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.9 Billion by the year 2030 trailing a CAGR of 5.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.8% and 2.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.2% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.9 Billion by the year 2030.Select Competitors (Total 62 Featured) -
- Akzo Nobel NV
- Albemarle Corporation
- Arkema, Inc.
- Baker Hughes, a GE company
- BASF Corporation
- BASF France
- BASF SE
- Caldic BV
- Chemtura Corporation
- Clariant International Ltd.
- Elementis PLC
- Johnson Matthey PLC
- Lanxess AG
- Lanxess Corporation
- Lonza, Inc.
- Mid South Chemical Co., Inc.
- Quat-Chem Ltd.
- Sanosil AG
- Stepan Company
- Troy Corporation
- Vulcan Materials Co.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Biocides?
What is the growth rate of the Global Market for Biocides?
What is the forecasted size of the Global Market for Biocides?
Who are the key companies in the Global Market for Biocides?
| Report Attribute | Details |
|---|---|
| No. of Pages | 192 |
| Published | November 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 11 Billion |
| Forecasted Market Value ( USD | $ 14.3 Billion |
| Compound Annual Growth Rate | 3.3% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Akzo Nobel NV
- Albemarle Corporation
- Arkema, Inc.
- Baker Hughes, a GE company
- BASF Corporation
- BASF France
- BASF SE
- Caldic BV
- Chemtura Corporation
- Clariant International Ltd.
- Elementis PLC
- Johnson Matthey PLC
- Lanxess AG
- Lanxess Corporation
- Lonza, Inc.
- Mid South Chemical Co., Inc.
- Quat-Chem Ltd.
- Sanosil AG
- Stepan Company
- Troy Corporation
- Vulcan Materials Co.
