According to a research report published by Spherical Insights & Consulting, the Global Biocides Market Size Expected to Grow from USD 8.8 Billion in 2023 to USD 12.5 Billion by 2033, at a CAGR of 3.57% during the forecast period 2023-2033.

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A biocide is an agent intended to destroy, render harmless, and exert a controlling effect on any harmful organism by any means other than physical or mechanical action. Biocides are used to remove, sterilize, and stop microorganisms, and in industries like paints, coatings, consumer goods, and water treatment. They are classified as natural or synthetic. The demand for biocides is increasing due to increased personal hygiene, dust sensitivity, and allergies. The market growth is driven by product expansion, performance, and manufacturer investments. Biocides are also used in disinfectants, fungicides, insecticides, antiseptics, and preservatives. The global biocides market is expanding ascribed of its growing demand for wastewater treatment, which generates effluent for recycling into the water cycle. Treatment plants handle household, industrial, leachate, and agricultural wastewater. Biocides are increasingly used in various industries, such as power plants, mining, and chemical facilities, such as cooling towers, which create ideal microorganism habitats. However, environmental limitations on hazardous biocides and possible changes in the price of raw materials are anticipated to hinder the growth of the biocides market.

Browse key industry insights spread across 242 pages with 105 Market data tables and figures & charts from the report on the  Global Biocides Market Size, Share, and COVID-19 Impact Analysis, By Product (QAC, Halogen Compounds, Phenolic), By End-Use (Paints & Coatings, Water Treatment, HVAC), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.

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The halogen compounds segment is predicted to hold the largest share of the global biocides market throughout the projected timeframe.

Based on the product, the global biocides market is categorized as QAC, halogen compounds, and phenolic. Among these, the halogen compounds segment is predicted to hold the largest share of the global biocides market throughout the projected timeframe. Halogens like fluorine, chlorine, and iodine are used in biocide formulations ascribed to their stability and effectiveness, while iodophor enhances iodine’s stability and chlorine’s antibacterial properties.

The paints and coatings segment is anticipated to hold the largest share of the global biocides market over the projected timeframe.       

Based on the end-use, the global biocides market is categorized as paints and coatings, water treatment, and HVAC. Among these, the paints and coatings segment is anticipated to hold the largest share of the global biocides market over the projected timeframe. The product’s widespread use in maritime coating applications, where painted surfaces are frequently exposed to moisture and humidity, necessitates the heavy use of biocides.

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Asia Pacific is projected to hold the largest share of the global biocides market throughout the forecast period.

Asia Pacific is projected to hold the largest share of the global biocides market throughout the forecast period. The increasing demand for biocide active chemicals in the pulp and paper sector is driven by factors such as the growing production of disinfectants, the demand for customized cleaning products, and stricter environmental regulations.

North America is predicted to grow at the fastest CAGR growth of the global biocides market during the projected timeframe. In accordance with the new standards, manufacturers, formulators, and end users increased their research and development efforts. As a result of creating new products for emerging markets like biocides, manufacturers are contributing to the growth of the biocide market in North America.

Major vendors in the global biocides market are 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, and others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

 Key Market Development

• In November 2024, Brenntag and I&I signed a distribution agreement with Arxada for cleaning and biocide solutions.
• In November 2024, A novel sustainable biocide against the fruit fly Drosophila suzukii made from orange peels, was published in the Nature Journal.

 Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global biocides market based on the below-mentioned segments:

 Global Biocides Market, By Product

• QAC
• Halogen Compounds
• Phenolic

Global Biocides Market, By End-Use

• Paints and Coatings
• Water Treatment
• HVAC

Global Biocides Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

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