Biocides Market Business Outlook and Innovative Trends New Developments, Emerging Opportunities, Upcoming Products Demand 2029


Posted September 9, 2023 by Bharatikhade96

Biocides market is expected to reach US$ 15.48 Bn. in 2029 from US$ 11.84 Bn. in 2022, with a CAGR of 3.9% for the period 2023-2029.
 
Biocides Market Overview:

The Biocides Market research provides a comprehensive insight into the competition, including the market share and company profiles of the world's biggest rivals. The research scope covers a comprehensive examination of the Biocides Market, as well as the causes for variances in the industry's growth across a variety of sectors.

Biocides Market Scope:

The market size is validated and estimated via top-down and bottom-up methods, respectively. The research's market projections are based on the selling price, minus any discounts given by the producer, distributor, wholesaler, or traders. To determine percentage splits, market shares, and segment breakdowns, weights based on usage rate and average sale price are applied to each location. The percentage acceptance or usage of the stated market Size in the pertinent region or country determines the country-specific divisions of the overall market and its sub-segments.

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Biocides Market Dynamics:

Increasing Powder Coating Adoption

With the development of powder coatings, the paints and coatings industry, which has been in upheaval due to the presence of lead in paints, has boosted its capacities. The range of biocide applications in the paints and coatings industry has increased as a result of a developing new front. With a global CAGR of 6.10 percent anticipated through 2025, the powder coatings industry is a significant growth driver for the biocides market demand. The market is benefiting from a significant trend in this sector as automobile OEMs switch to coatings in powder form for labor and cost reasons.

Biocides Market Segmentation:

by Type

Metallic Compounds
Halogen-Based Biocides
Organic Acids
Sulphones
Phenol-Based Biocides
Others


by End-Use Industry

Food & Beverages
Construction
Agriculture
Pharmaceutical
Personal Care
Water Treatment
Paints & Coatings
Home Care
Others


by Application

Water Treatment
Municipal Water Treatment
Oil & Gas
Power Plants
Pulp & Paper
Swimming pools
Mining
Other Water Treatment
Household, Industrial & Institutional Cleaning and Home Care
Paints & Coatings
Wood Preservatives
Others

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Biocides Market Key Players:

Market leaders are identified using primary and secondary research, and market revenue is estimated using primary and secondary research. As part of the primary study, extensive interviews with significant thought leaders and industry experts, including CEOs, marketing executives, and seasoned front-line personnel, were undertaken. In-depth interviews with important opinion leaders and business leaders, including CEOs and marketing executives, were conducted as part of the primary study. Secondary research included a review of the annual and financial reports of the major manufacturers. Prior to being cross-checked with primary data, secondary data is used to calculate percentage splits, market shares, growth rates, and global market breakdowns.

The biggest players in the Biocides market are as follows:

1. Bayer Material Science
2. BASF SE
3. Berkshire Hathaway
4. Clariant Ag
5. Corbion N.V.
6. DUPONT
7. Kemin Industries, Inc.
8. Kerry
9. Lanxess Ag
10.Lonza Group Ag
11.Nouryon
12.Solvay Sa
13.Thor Group Limited
14.Ecolab Inc.
15.Solenis
16.Veolia
17.Sigura Water
18.Italmatch chemicals
19.Albemarle Corporation
20.ICL Group
21.Accepta Water Treatment
22.Buckman Laboratories Interanational Inc.
23.B&V Chemicals
24.Kimberlite Chemicals
25.Kurita Water Industries
26.Melzer Chemicals Pvt. Ltd.
27.Momar Inc.
28.Ozone Tech Systems
29.Chemicrea Inc

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Biocides Market Regional Analysis:

The Biocides market analysis regional overview also covers specific market influencing factors and changes in industry laws impacting present and future market trends. In order to assess the total market potential and identify profitable patterns in order to gain a stronger footing, current and future trends are researched. The existing environment and projected trends serve as the foundation for the geographic market evaluation.

COVID-19 Impact Analysis on Biocides Market:

Due to a pause in operations, the end-user sectors that employ maternity wear had a decline in growth between January 2020 and May 2020 in a number of nations, including China, Italy, Germany, the United Kingdom, and the United States, as well as Spain, France, and India. The demand for Biocides manufacturers also decreased significantly as a result, which had a negative impact on the growth of the Biocides market in 2020. Lockdowns and a spike in COVID-19 occurrences globally have lowered end-user company demand for maternity wear.

Key Questions Answered in the Biocides Market Report are:

In 2021, which segment accounted for the most share of the Biocides market?
What is the competitive landscape of the Biocides market?
What are the key factors influencing Biocides market growth?
In the Biocides market, which region has the most market share?
What will be the CAGR of the Biocides market during the forecast period (2022-2029)?
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Issued By Bharati khade
Country United States
Categories Business , Industry , Services
Tags biocides market , what is biocides market , biocides market share , biocides market grwoth , biocides market analysis
Last Updated September 9, 2023