(EMAILWIRE.COM, May 24, 2025 ) The Global Biocides Market Size is valued at USD 9.50 billion in 2024 and is predicted to reach USD 15.25 billion by the year 2034 at a 5.0% CAGR during the forecast period for 2025-2034.
Global Biocides Market 2025-2034 full Research Repot latest version is now available.
Get Free Access to Demo Report, Excel Pivot and ToC: https://www.insightaceanalytic.com/request-sample/1637
Latest Drivers Restraint and Opportunities Market Snapshot:
Key factors influencing the global Biocides market are:
Growing consumer interest in the nourishment sector
Increasing need for sustainable biocides
Technological Development
The following are the primary obstacles to the Biocides market’s expansion:
Rigorous legal framework
Lack of awareness
Fluctuations in the cost of ingredients
Future expansion opportunities for the global Biocides market include:
Raising healthcare consciousness
Increased focus on efficient sewage treatment
Growing research and development
Key Industry Insights & Findings from the report:
Large corporations in the biocide sector are implementing an innovative cooperation approach to create novel and inventive goods and broaden their market.
The need for biocides is fueled by the growing need for sanitary water throughout the world and the increased focus on efficient sanitation.
North America dominated the market and accounted for a revenue share of global revenue in 2023.
Volatility in prices for essential supplies may impede the industry’s expansion for biocides.
Market Analysis:
Biocides, which are used to control or eliminate harmful organisms such as bacteria, fungi, viruses, and invasive plant species, play a critical role in the global chemical industry. Their application has expanded significantly across a wide range of sectors.
One of the key areas driving market growth is their use in cooling systems, particularly within utility, extraction, and petrochemical operations. These systems create favorable conditions for microbial growth, making the use of biocides essential for maintaining operational efficiency and system integrity.
Expert Knowledge, Just a Click Away: https://calendly.com/insightaceanalytic/30min?month=2025-02
List of Prominent Players in the Biocides Market:
Lanxess AG
Veolia Group
Araxda AG
Ecolab Inc.
Nouryon
General Electric Company
Evonik Industries AG
Solvay S.A.
Clariant AG
Italmatch Chemicals S.P.A.
Solenis & Sigura Water
Kemira Oyj
Stepan Company
Danaher Corporation
Albemarle corporation
M.C. Corporation
C.L. Group
Chevron Corporation
E.S. Energy Solution CORP
Arkema SA
The Lubrizol Corporation
Thor Group Limited
Chemicrea Inc
Merck KGAA
Accepta Water Treatment
Recent Developments:
In March 2024, Evonik’s latest catalyst product, Octamax, was introduced. It is an extremely sustainable and effective way to remove sulfur from fuel used in refineries. The selected NiMo and CoMo catalysts used in hydrodesulfurization (HDS) units for cracked gasoline undergo renewal and improvement in an optimal environment.
In January 2024, Merck, a leading pharmaceutical, biotechnology, and healthcare company, announced a licensing arrangement including the first-in-class oral inhibitor of the creatine transport channel SLC6A8, Ompenaclid (RGX-202), and subsequent medicines that target SLC6A8. The headquarters of Inspirna, Inc. are located in the Big Apple.
In January 2024, Chevron Corporation (NYSE: CVX) disclosed that it is providing $3 million in aid to towns in Kazakhstan that are impacted by the severe rainfall that has occurred throughout the nation via its affiliated company Chevron Munaigas Inc. (Chevron).
Biocides Market Dynamics:
Market Drivers: Growing Demand for Environmentally Sustainable Biocides
The increasing emphasis on environmental sustainability is a primary driver of growth in the biocides market. As industries become more conscious of ecological impacts and the need to reduce pollution, there is a growing shift toward the adoption of eco-friendly and sustainable biocide alternatives.
Naturally derived and biological biocides are gaining traction as they offer effective microbial control with minimal environmental impact. These alternatives are often biodegradable and do not leave behind harmful residues, making them an attractive option for industries seeking to enhance environmental compliance.
Challenges: Stringent Regulatory Landscape
The biocides industry operates under a complex and evolving regulatory framework, which varies significantly across countries and regions. Regulatory authorities impose rigorous standards to ensure the safety and efficacy of biocidal products prior to their approval, registration, and market release.
Compliance with these regulations can be resource-intensive, particularly for small and medium-sized enterprises. The extensive documentation, testing, and certification processes required can lead to increased operational costs and delays in product launches, posing a significant challenge to market growth.
Unlock Your GTM Strategy: https://www.insightaceanalytic.com/customisation/1637
North America Is Expected to Grow with The Highest CAGR During the Forecast Period
The North American biocides market is projected to capture a substantial share of global revenue and exhibit a strong compound annual growth rate (CAGR) in the coming years. This growth is primarily driven by the region’s ongoing urbanization, industrial development, and infrastructure expansion.
Furthermore, North Americas focus on technological innovation, enhanced product durability, and high standards of hygiene significantly supports its leadership in the biocides sector. Key application areasincluding surface coatings, water treatment, industrial maintenance, and residential sanitationcontinue to benefit from the regions commitment to advanced and sustainable biocidal solutions.
Segmentation of Biocides Market-
By Type-
Non-oxidizing Biocide
Oxidizing Biocide
By Application-
Water Treatment
Household
Industrial & Institutional Cleaning and Home Care
Paints & Coatings
Wood Preservatives
By Region-
North America-
The US
Canada
Mexico
Europe-
Germany
The UK
France
Italy
Spain
Rest of Europe
Asia-Pacific-
China
Japan
India
South Korea
South East Asia
Rest of Asia Pacific
Latin America-
Brazil
Argentina
Rest of Latin America
Middle East & Africa-
GCC Countries
South Africa
Rest of Middle East and Africa
Read Overview Report- https://www.insightaceanalytic.com/report/biocides-market/1637
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 551 226 6109
Asia: +91 79 72967118
info@insightaceanalytic.com
Insight Ace Analytics
Diana Dsouza
+1 551 226 6109
diana.dsouza@insightaceanalytics.com
Source link