The Biocides Market - Size, Share, Outlook, and Opportunity Analysis, 2021 - 2028

Biocides are used to eradicate or control the growth of bacteria, viruses, and fungi by using toxic chemicals. Biocides are classified according to how they affect the target organisms. A biocide is defined in European law as a microorganism or chemical substance meant to kill, hinder, render harmless, or exercise a controlling influence on an offending organism. These biocides include pesticides, herbicides, antifungals, and antibiotics.

Market Dynamics

Increasing demand for drinkable and freshwater due to the growing population is driving growth of the biocides market. Also, the rising prevalence of the water-borne disease is further projected to augment growth of the market. According to the World Health Organization, in 2017, 71% of the global population (5.3 billion people) used a safely managed drinking-water service - that is, one located on-premises, available when needed, and free from contamination.

However, the volatile price of raw materials is expected to hinder growth of the market

Key features of the study:

• This report provides in-depth analysis of the biocides market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2021-2028), considering 2020 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global biocides market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include AkzoNobel N.V., Albemarle Corporation, Arch Chemicals Inc., Ashland Inc., BASF SE, Champion Technologies, Clariant AG, Lanxess, Lubrizol, The Dow Chemical Company, THOR Group Limited, and Troy Corporation.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global biocides market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global biocides market

Detailed Segmentation:

Detailed Segmentation:

Global Biocides Market, By Product Type:

• Halogen compounds
• Metallic compounds
• Organosulfurs
• Organic acids
• Phenolic
• Nitrogen
• Other

Global Biocides Market, By Applications:

• Water treatment
• Food and beverage
• Personal care
• Wood preservation
• Paints and coatings
• Others

Global Biocides Market, By Region:

• North America
• Europe
• Asia-Pacific
• Rest of World
• Company Profiles
• AkzoNobel N.V.*
• Company Overview
• Product Portfolio
• Financial Performance
• Key Strategies
• Recent Developments
• Future Plans
• Albemarle Corporation
• Arch Chemicals Inc.
• Ashland Inc.
• BASF SE
• Champion Technologies
• Clariant AG
• Lanxess
• Lubrizol
• The Dow Chemical Company
• THOR Group Limited
• Troy Corporation