Biocides Market Size

Global Biocides Market Overview

Biocides Market Size was valued at USD 9.07 billion in 2023. The Biocides industry is projected to grow from USD 9.46 billion in 2024 to USD 13.25 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.30% during the forecast period (2024 - 2032). The growing demand for wastewater treatment is likely to drive the growth of the biocides market. One of the most important tasks in a variety of industrial, manufacturing, and commercial process applications is managing microbial activity. Chemical biocides are vital for always guaranteeing water quality to keep systems safe, maintained, and running at their best. The use of appropriate biocides and dispersants makes this possible. They are ideal for a variety of industrial and process water treatment applications as well as environmental hygiene requirements and activities that call for effective microbial activity control in water.

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Biocides Market Trends

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  Growing focus on eco-friendly and multi-functional biocides and increasing application in paints & coatings industry

  
  

With increasing consumer awareness and the move of the industrial towards sustainability and environment friendly practices there is an evident increasing demand for eco-friendly and natural sources biocides in the market. There is rising preference for biocides that have low toxicity, and relatively lower environmental impact as well as products that are biodegradable. With increasingly stringent regulations and environmental protection laws being implemented the preference of the market is increasingly moving towards eco-friendly and also multi-functional biocides. Manufactures in the market are focusing on developing products that can potentially be used for a variety of applications such as anti-corrosion and anti-scaling properties along with antimicrobial prevention and control.

Furthermore, the increasing application of biocides in various applications, especially in the paints & coatings industry is expected to boost market growth. Biocides are increasingly being employed to protect the painted surface against microbial contamination brought on by air pollution and exposure to the outside environment, such as fungal or bacterial development. Biocides are used as a form of protection against germs and bacteria as well as aquatic creatures and algae because the bulk of paints are water-based and packed in cans for distribution and handling. This increases paint products' shelf-life and paint film durability over time. Fungi, algae, and bacteria provide the most biological hazards to paints and surface coatings, hence fungicides, algicides, and bactericides are typically used as biocide additions in paints. With the introduction of powder coatings, the paints and coatings business, which is currently in upheaval because of the presence of lead in paints, has extended its scope. With an expanding fresh front, this has expanded the application of biocide in the paints and coatings sector. It is a significant growth driver for the need for biocides as the powder coatings industry develops. Due to labor and cost effectiveness, automobile OEMs are turning to powder form of coatings. This category is a big trend and has a favorable impact on the market. As a result, Biocides Market revenue expansion is anticipated to be fueled by increasing focus on eco-friendly and multi-functional biocides and increasing application in paints & coatings industry.

Clariant launched a series of personal care product-related biocides that were specially designed for personal care applications in February 2024. These aim to provide broad-spectrum antimicrobial activities while still being gentle on the skin, therefore suiting consumer requirements for safer but more effective personal care products.

Dow entered into a strategic alliance with an Asian producer of biocides to develop water treatment innovations, as they revealed in February 2024. Thus, this would broaden Dow’s product offerings and increase its market share, especially in the Asia Pacific region.

Evonik introduced a new research and development center specifically focused on biocide innovation, which debuted in January 2024. Located in Germany, it will concentrate on developing next-generation biocides with higher efficacy rates and environmental profiles. Such a facility is part of Evonik’s long-term commitment to sustainable chemistry.

Biocides Market Segment Insights

Biocide Type Insights

The Biocides Market segmentation, based on type, includes halogen compounds, organosulfur compounds, phenolic biocides, metallic compounds and others. The halogen compounds segment attributed to holding the largest market share in 2022 with a market share of ~41% revenue with respect to the Biocides Market revenue. They are widely used biocides due to its significant antimycobacterial properties that are widely used for disinfecting, sanitization and as antisepticises.

Biocides Application Insights

The Biocides Market data has been bifurcated by product largely into water treatment, personal care, wood preservation, food & beverages, paints & coatings and others. The water treatment segment dominated the market in 2022. Biocides are increasingly being used in water and wastewater treatment due to their effectiveness and ability to increase efficiency of water treatment systems.

Figure 2: Biocides Market, by Application, 2022 & 2030 (USD Million)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Biocides Region Insights

By Region, the Biocides Market industry study segments the market into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. Asia-Pacific Biocides Market accounted for USD 5,799.78 million in 2022 and is expected to exhibit a 5.14% CAGR during the study period. This is attributed to the presence of growing population and emerging market in the region.

Figure 3: BIOCIDES MARKET SHARE BY REGION 2022-2030 (%)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Throughout the forecast period, the North America Biocides Market is expected to witness significant growth in the Biocides Market. The rising demand for water and wastewater treatment along with increasing government regulations are expected to drive demand for biocides in the market. Furthermore, in the US Biocides market with the presence of well-established industries and significant growth in industries has led to increased demand for water treatment before disposal which has led to increasing demand for biocide in the market. Moreover, the focus on water and wastewater treatment has also contributed to the demand for biocides in the United States. The country recognizes the importance of water conservation and the need to treat industrial wastewater before discharge.

Europe's Biocides Market has grown significantly in recent years. This expansion can be ascribed to supportive government policies and an increase focus on greener and circular economy. Stringent regulations related to air and water pollution control also bolster the market growth. The need to meet stringent water quality standards is significantly driving the biocides market in Europe. Furthermore, increasing focus on increasing healthcare and hygiene practices has led to increasing use of biocides in various disinfection, sanitization and anti-micro bacterial product in the Europe market.

Asia-Pacific Biocides Market is expected to dominate the growth owing to presence of emerging nations such as India and China. Population expansion, urbanization, a shift in household composition, plus growing awareness of health and hygiene practices are expected to significantly drive market demand during the forecast period.  The rapid industrialization and infrastructural growth are expected to significantly boost market demand especially in India, China and Japan. Also, the presence of a significant food & beverage industry and rising demand for processed and packaged food in the market is further expected to drive market growth in the Asia-Pacific region.

Biocides Key Market Players & Competitive Insights

Major market players’ growth depends on market conditions, government support, and industry development. Thus, the vendors should focus on expanding geographically and improving services. Many global, regional, and local vendors characterize the Biocides Market. The market is highly competitive, with all the players competing to gain market share. Intense competition, rapid advances in technology, frequent changes in government policies, and environmental regulations are key factors that confront market growth. The vendors compete based on cost, product quality, reliability, and government regulations. Vendors must provide cost-efficient, high-quality products to survive and succeed in an intensely competitive market.

The Lubrizol Corporation (Lubrizol) is a Berkshire Hathway Company. It provides specialty chemicals for the transportation, industrial, and consumer markets. These products include additives for engine oils and other transportation-related fluids, additives for industrial lubricants, and additives for gasoline & diesel fuel. The company comprises two primary business segments: Lubrizol Additives and Lubrizol Advanced Materials. Its additives segment works with customers to solve diverse automotive needs, such as improving internal combustion engine and electric/hybrid vehicle engine durability and reliability.

BASF SE (BASF) operates through six segments: materials, industrial solutions, chemicals, surface technologies, agricultural solutions, and nutrition & care. BASF operates in 90 countries and has six Verbund sites and 232 additional production sites worldwide. Its Verbund site in Ludwigshafen, Germany, is the largest in the world, where production facilities, energy flow, logistics, and infrastructure are networked together intelligently. BASF holds one of the top three market positions in around 80% of the business areas in which it is active. The divisions of dispersions, resins, and performance chemicals make up BASF SE's Industrial solutions business. For industrial purposes, this section develops and sells ingredients and additives.

Key Companies in the Biocides Market include

• Albemarle Corporation (US)


• Lubrizol Corporation (US)


• Baker Hughes Incorporated (US)


• Lanxess AG (Germany)


• BASF SE (Germany)


• Clariant AG (Switzerland)


• Kemira (Finland)


• Arkema (France)


• Troy Corporation (US)


• Solvay SA (Belgium)


• Valtris Specialty Chemicals (US)


• Italmatch Chemicals (US)


• Champion Technologies (US)


• Vink Chemicals (Germany)

Biocides Industry Developments

Lonza Group announced the expansion of its biocide production facility in Visp, Switzerland, on April 2024. Therefore, this will assist in enhancing their output by 25% so as to cater to the growing demand for health care and sanitation requirements. By the close of 2025, the project is expected to be over.

In April 2024, Solvay unveiled its new partnership with a leading agricultural firm in an effort to make environmentally friendly biocides for crop protection purposes. The objective of this cooperation is to introduce sustainable solutions that minimize the environmental impact of traditional chemical treatments.

In March 2024, BASF launched another line of biocides targeted at the paint and coatings industry sector. These biocides are designed to provide long-term protection against microbial growth, thus enhancing coatings’ resilience and lifespan.

In March 2024, Lanxess expanded its production capacity by acquiring a biocide manufacturing plant in the United States, hence consolidating its presence in the North American market, which was concluded in March 2024. This aligns with their strategy of growing the Material Protection Products Division.

In January 2024, Ashland declared the commercialization of a new biocide for use in the oil and gas industry. It is aimed at reducing microbial-induced corrosion cases in pipelines, thus offering a cost-effective way to maintain infrastructure integrity.

Biocides Market Segmentation

Biocides Market Type Outlook

• Halogen Compounds


• Organosulfur Compounds


• Phenolic Biocides


• Metallic Compounds


• Others

Biocides Market Application Outlook

• Water Treatment


• Personal Care


• Wood Preservation


• Food & Beverage


• Paints & Coatings


• Others

Biocides Market Regional Outlook

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  North America

  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


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  Europe

  
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Russia
  
  
  • Rest of Europe
  
  
  
  


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  Asia-Pacific

  
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • South Korea
  
  
  • Australia & New Zealand
  
  
  • Rest of Asia-Pacific
  
  
  
  


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  Middle East & Africa

  
  
  
  
  • GCC Countries
  
  
  • South Africa
  
  
  • Rest of the Middle East & Africa
  
  
  
  


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  South America

  
  
  
  
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    Brazil

    
    
  
  
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    Mexico

    
    
  
  
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    Argentina

    
    
  
  
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    Rest of South America