Biocides Market: Current Analysis and Forecast (2022-2028)

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Emphasis on Type (Oxidizing, Non-Oxidizing, and Others); Application (Water Treatment, Household and Industrial & Institutional Cleaning, Paints & Coatings, Wood Preservatives, and Others); Region and Country

Pages:

127

Table:

41

Figure:

75

Report ID:

UMCH211455

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Report Description
Table of content
Research Methodology

Report Description

Biocides Market
Biocides Market

The global biocides market is likely to showcase a growth of around 5% during the forecast period. Myriad of applications where biocides are used for decades, and the trend is likely to continue in coming decades owing to growing per capita consumption of end-use products is driving the global biocides market. Biocides find applications in healthcare, food, animal husbandry, and water treatment to name a few.  Rising awareness over health and hygiene coupled with fear of bacteria or virus contamination is fueling the market growth. In the healthcare industry, reducing healthcare-associated infection is among the top priorities of healthcare settings. Biocides are used in cleaning products as well as in solutions that are used to clean or sterilize surgical instruments, needles, and catheters, among others. In other industries, like food are widely used biocides as disinfectants and food preservatives. In the food industry, they used to treat production plants, processing areas, and food containers to control the microbial growth in food and drinks. They are also commonly used to disinfect equipment, containers, surfaces, or pipes associated with the production, transport, and storage of food or drink, including drinking water.

Insights Presented in the Report

“Amongst type, oxidizing biocides is likely to show positive growth trend”

Based on type, the market is categorized into oxidizing, non-oxidizing, and others. Among these, oxidizing biocides are expected to showcase significant growth over the forecast period. Its rapid microorganism-killing property and less costly compared to its counterparts are some of the key factors which increase the adoption of oxidizing biocides.

“Amongst application, water treatment held a prominent position in the market in 2020”

Based on application, the market is categorized into water treatment, household and industrial & institutional cleaning, paints & coatings, wood preservatives, and others. Among these, water treatment held a prominent share of the market, and the outlook for the industry is likely to be positive owing to the large size of water treatment plants that consume a major portion of biocides. Besides this, the growing focus of governmental bodies to provide clean water to the people is boosting the demand for water treatment products including biocides.

“Asia-Pacific is likely to showcase significant growth during the forecast period”

For a better understanding of the market adoption of Biocides, the market is analyzed based on its worldwide presence in the countries such as North America (the United States, Canada, Rest of North America), Europe (Germany, the United Kingdom, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and Rest of World. During the forecast period, the Asia-Pacific region is likely to showcase robust demand for biocides. This can be ascribed to the presence of a large number of biocides end-consumer in the region and a growing population that is looking for receiving clean water. Further, various government policies in regional countries to provide fresh water to the population are increasing the consumption of water treatment chemicals in the region. For instance, in India, the government launched the “Swajal” scheme with the objective of providing clean water to every child in India.

Reasons to buy this report:

  • The study includes market sizing and forecasting analysis validated by authenticated key industry experts
  • The report presents a quick review of overall industry performance at one glance
  • The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments
  • Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry
  • The study comprehensively covers the market across different segments
  • Deep dive country-level analysis of the industry


Customization Options:

The global biocides market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.

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1.1.Market Definitions
1.2.Main Objective
1.3.Stakeholders
1.4.Limitation
2.1.Research Process of the Biocides Market
2.2.Research Methodology of the Biocides Market
2.3.Respondent Profile 
3MARKET SYNOPSIS
4EXECUTIVE SUMMARY
5IMPACT OF COVID-19 ON THE BIOCIDES MARKET
6BIOCIDES MARKET REVENUE (USD MN), 2020-2028F
7.1.Oxidizing 
7.2.Non-Oxidizing
7.3.Others 
8.1.Water Treatment
8.2.Household and Industrial & Institutional Cleaning
8.3.Paints & Coatings
8.4.Wood Preservatives
8.5.Others 
9.1.North America 
 9.1.1.The United States
 9.1.2.Canada 
 9.1.3.Rest of North America
9.2.Europe  
 9.2.1.Germany 
 9.2.2.The United Kingdom
 9.2.3.France 
 9.2.4.Italy 
 9.2.5.Spain 
 9.2.6.Rest of Europe
9.3.Asia-Pacific 
 9.3.1.China 
 9.3.2.Japan 
 9.3.3.India 
 9.3.4.Rest of Asia-Pacific
9.4.Rest of World 

 

10.1.Market Drivers
10.2.Market Challenges
10.3.Impact Analysis
11BIOCIDES MARKET OPPORTUNITIES
12BIOCIDES MARKET TRENDS
13.1.Demand Side Analysis
13.2.Supply Side Analysis
14VALUE CHAIN ANALYSIS
15.1.Competitive Landscape 
 15.1.1.Porters Fiver Forces Analysis
16.1.Lanxess AG
16.2.Veolia Group
16.3.Arxada AG
16.4.Ecolab Inc.
16.5.Nouryon 
16.6.Evonik Industries AG
16.7.Solvay S.A.
16.8.Clariant AG
16.9.Italmatch Chemicals S.p.A.
16.10.BASF SE 
17DISCLAIMER

Research Methodology

Research Methodology for Global Biocides Market Analysis (2020-2028)

Analyzing the historical market, estimating the current market, and forecasting the future market of biocides, three major steps are undertaken to create and analyze its adoption across the globe. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the industry. Post assumption and validation of market numbers through primary interviews, we employed a bottom-up approach to forecast the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry pertains to. Detailed methodology is explained below:

Analysis of Historical Market Size

Step 1: In-Depth Study of Secondary Sources:

Detail secondary study was conducted to obtain the historical market size of biocides through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.

Step 2: Market Segmentation:

After obtaining the historical market size of the biocides market, we conducted a detailed secondary analysis to gather current market insights and share for different segments & sub-segments for major regions. The major segment is included in the report by type and application. Further regional and country-level analyses were conducted to evaluate the overall adoption of biocides globally.

Step 3: Factor Analysis:

After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of Biocides. Further, we conducted factor analysis using dependent and independent variables such as the large and growing end-use industry and increasing focus on hygiene in developing economies. A thorough analysis was conducted of demand and supply-side scenarios considering the increasing investment, top partnerships, mergers and acquisitions, business expansion, and product launches in the Biocides industry.

Current Market Size Estimate & Forecast

Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global market, and market shares of each segment. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.

Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the bottom-up approach were applied to arrive at the market forecast for 2028 for different segments and subsegments across the major regions globally. The research methodology adopted to estimate the market size encompasses:

  • The industry’s market size, in terms of value (US$) and the adoption rate of Biocides across the major markets
  • All percentage shares, splits, and breakdowns of market segments and sub-segments
  • Key players in the Biocides market. Also, the growth strategies adopted by these players to compete in the fast-growing market

Market Size and Share Validation

Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.

Split of Primary Participants by Stakeholders and Regions

Biocides Market
Biocides Market

Market Engineering

The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the global biocides market. Data was split into several segments & sub-segments post studying various parameters and trends in the area of type and application.

The main objective of the Biocides market study

The current & future market trends of global Biocides were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends would determine the overall attractiveness of the market at a country level, providing a platform for the industrial participant to exploit the untapped market to benefit as a first-mover advantage. Other quantitative goals of the studies include:

  • Analyze the current and forecast market size of biocides in terms of value (US$). Also, analyze the current and forecast market size of different segments and sub-segments
  • Segments in the study include the area of the type and application
  • Defined analysis of the regulatory framework for the biocides industry
  • Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry
  • Analyze the current and forecast market size of biocides for the major countries
  • Major regions/countries analyzed in the report include North America (the United States, Canada, Rest of North America), Europe (Germany, the United Kingdom, France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), and Rest of World
  • Company profiles of the biocides market players and the growth strategies adopted by them to sustain the growing market

Deep dive country-level analysis of the industry

You can also purchase parts of this report. Do you want to check out a section wise
price list?