Biocides Market is Estimated to Register US$ 11.74 Bn by 2031 With 3.30% CAGR | Future Market Insights, Inc.

The biocides market is projected to show up at a value of US$ 11.74 billion toward the end time span with China remaining as one major country that purchases these products, and East Asia addressing 32% percent overall volume share in current grade biders surveyed for improvement 4%.

Valley Cottage, New York, UNITED STATES

NEWARK, Del, June 07, 2022 (GLOBE NEWSWIRE) -- According to Future Market Insights (FMI), biocides market should notice advancement at 3.5% CAGR some place in the scope of 2021 and 2031. Creating interest for biocides from various organizations, for instance, water treatment, paints and coatings, wood added substances, oil and gas, cleaning engineered substances, agrochemicals, paper and squash and others should uphold the arrangements over the assessment time span. 

Growing usage of added substances across various endeavors similarly should achieve the advancement of biocides use. As indicated by the report, biocide application as added substances should increase in various organizations including food and beverages, paper and crush, excellence care items and individual thought, wood, and others. 

Request A Sample of Report@ 2806

Other than this, the use of biocides in surface cleaning of various organizations like food and rewards, medications, and paints and coatings will climb sooner rather than later. Not in any way shape or form like various markets, the exceptional eruption of COVID-19 unbiasedly impacted the arrangements of biocides. While the gathering practices saw a slight hardship, premium for sanitizers overflowed decisively during the FQ-20, helping the market advancement 

As per FMI, interest for biocides extended by 3.50% some place in the scope of 2020 and 2021, with bargains expected to show up at US$ 8.3 Bn in 2021. 

Biocides Market: Participant Insights 

Key individuals in the overall biocides market made sense of in the report consolidates Clariant AG, Lonza Group, ICL Group, BASF SE, DOW, Veolia, Troy Corporation, Nouryon, Kemira Oyj, Ecolab USA Inc., Albemarle Corporation, Solvay SA, Lanxess AG, Buckman Laboratories International, Melzer Chemicals Private Limited, Shandong IRO Biocide Chemicals Co., Ltd. 

Focal individuals are focusing in on fundamental expansions through composed endeavors, combinations and acquisitions with other market individuals to fabricate their yearly turnover. Market players are also cash the board a fair measure of their pay in thing headway and cycle acceleration to help what is happening in the business. 

Ask an Analyst@

Key Takeaways from Biocides Market Study 

  • Overall market for biocides is projected to show up at a value of US$ 11.74 Bn toward the guess time span's end. 
  • China is evaluated to remain a basic market for biocides, with East Asia addressing 32% of the overall volume share. 
  • Flooding use of biocides in water treatment segment will uphold the arrangements. Bargains in this order will amount to US$ 3.8 Bn by 2031. 
  • By type, the halogen collects section is projected to create at a steady rate after a short time, especially in South Asia Pacific and East Asia markets. 
  • Current grade biocides are surveyed to remain top-selling grade. The piece should enlist year-on-year improvement of 4.0% in East Asia. 

Key Points Covered in Biocides Market

  • Market estimates and forecast 2016-2031
  • Key drivers and restraints impacting market growth
  • Segment-wise, Country-wise, and Region-wise Analysis
  • Competition Mapping and Benchmarking
  • Brand share and Market Share Analysis
  • Key Product Innovations and Regulatory Climate
  • COVID-19 Impact on Biocides Market and How to Navigate
  • Recommendation on Key Winning Strategies

Buy Now this Report@

Genuine Landscape 

Key market individuals are expanding their overall impression by focusing in on fundamental acquiring and facilitated endeavors. A couple of producers in like manner are focusing in on thing headway to introduce eco-obliging biocides. 

  • To adhere to unbending rules on food dealing with and environmental reasonability, and address farmers' issues for sound, exceptional yield and efficient yields, BASF introduced Serifel, a new biocide, in March 2020. Serifel impeded the advancement of parasitic microorganisms. 
  • Lanxess is supporting its market presence across the globe through aquisitions. In Jan 2021, Lanxess acquired INTACE, a Paris-based biocide maker of specialty fungicides for the packaging industry in Northern and Eastern Europe. 
  • In 2020 Lanxess completed the getting of Itibanyl Produtos Especiais Ltds. (IPEL), a Brazilian biocide producer. 

Table of Content
1. Executive Summary

    1.1. Market Outlook

    1.2. Demand Side Trends

    1.3. Supply Side Trends

    1.4. Technology Roadmap

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Key Market Trends

    3.1. Key Trends Impacting the Market

    3.2. Innovation / Development Trends

4. Key Success Factors

    4.1. Product Adoption / Usage Analysis

    4.2. Product innovation & Diversification

    4.3. Marketing and Brand management

    4.4. Supply Chain Management

5. Global Biocides Market Demand Analysis 2016-2020 and Forecast, 2021-2031

    5.1. Historical Market Volume (KT) Analysis, 2016-2020

    5.2. Current and Future Market Volume (KT) Projections, 2021-2031

    5.3. Y-o-Y Growth Trend Analysis

6. Global Biocides Market - Pricing Analysis

    6.1. Pricing Analysis By Grade

    6.2. Pricing Break-up

7. Global Biocides Market Demand (in Value or Size in US$ Mn) Analysis 2016-2020 and Forecast, 2021-2031

    7.1. Historical Market Value (US$ Mn) Analysis, 2016-2020

    7.2. Current and Future Market Value (US$ Mn) Projections, 2021-2031

        7.2.1. Y-o-Y Growth Trend Analysis

        7.2.2. Absolute $ Opportunity Analysis

Get Customization in the Report, Enquire Now@

Have a Look at Related Research Reports of Chemical & Materials:

Ethylene Copolymers Market: The ethylene copolymers market is anticipated to have a steady CAGR of 4.2% during the period 2022-2032. The ethylene copolymers market size is predicted to grow from US$ 57.4 Bn in 2022 to US$ 86.6 Billion in 2032. Previously, the ethylene copolymers market was thriving at a CAGR of 3.2% (2016-2021), resulting in a market size of US$ 55.43 Billion in 2021.

Propylene Carbonate Market: The global propylene market was valued at around US$ 239.6 Mn in 2021, registering Y-O-Y growth of 5.0% for the same year. Propylene carbonate sales are projected to increase at a healthy CAGR of 6.3% during the forecast period (2022-2032).

Ethylbenzene Market: The global ethylbenzene market garnered US$ 21.3 Billion in 2021, and is likely to exhibit a Y-o-Y increase of 3.0% to be valued at US$ 21.9 Billion in 2022. Owing to the growing support from various governmental organizations, the market is likely to propel to US$ 31 Billion by 2032. A 3.5% CAGR is projected for the market during the forecast period.

Magnesium Carbonate Market: The global magnesium carbonate market was valued at around US$ 267.3 Mn in 2021, registering Y-O-Y growth of 4.4%. Magnesium carbonate sales are projected to increase at a CAGR of 4.7% by 2032.

Paraffins Market: The global paraffins market is estimated at 3.4%. While the value projection for the year 2022 is US$ 6.1 Billion, the market garnered revenue worth US$ 5.9 Billion in 2021. With a notable expansion of the key industrial sectors, the global market for paraffins is projected to hold various expansion opportunities and secure US$ 9.4 Billion by 2032. The estimated CAGR, from 2022 to 2032, is 4.4%.

Helium Gas Market: The global helium gas market is forecast to reach a valuation of US$ 2.8 Bn in 2022. With demand growing at a 5.1% CAGR, the market size is expected to reach US$ 4.6 Bn by 2032. Growing adoption of helium gas for metal fabrication across various industries such as automotive and electric and electronics will boost sales in the market in the forthcoming years.

Xenon Gas Market: The global xenon gas market is estimated to grow at a CAGR of 5.0% during the forecast period (2022-2032) and is projected to reach US$ 239.6 Mn by the end of 2032. The xenon gas market was valued at US$ 141.0 Mn at the end of 2021 and is anticipated to surpass US$ 147.2 Mn by 2022, witnessing year-on-year (y-o-y) growth of 4.5% in 2022.

Metallic Stearates Market: Recent market analysis from FMI states the metallic stearates market has garnered a market value of US$ 2,397.95 Mn in 2021. By 2022, the industry is likely to reach a valuation of US$ 2,478.4 Mn. FMI predicts the global sales of metallic stearates market to exceed US$ 3,178.0 Mn by registering a positive CAGR of 4.2% in the forecast period 2022-2028.

Glycol Ethers Market: The glycol ethers market is anticipated to have a steady CAGR of 5.0% during the period 2022-2032. The glycol ethers market size is predicted to grow from US$ 7.3 Bn in 2022 to US$ 11.9 Billion in 2032. Previously, the market was thriving at a higher CAGR of 5.5% (2016-2021), resulting in a market size of US$ 6.9 Billion in 2021.

Agricultural Grade Zinc Chemical Market: The global agricultural grade zinc chemical market garnered US$ 716 Million in 2021, and is likely to exhibit a Y-o-Y increase of 9.1% to be valued at US$ 760 Million in 2022. Owing to the increasing advancement in technology, the market is likely to propel to US$ 1.3 Billion by 2032. The trade is projected at a 5.4% CAGR during the forecast period.

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.  

Future Market Insights Inc.   
Christiana Corporate,
200 Continental Drive, 
Suite 401, Newark,
Delaware - 19713, USA   
T: +1-845-579-5705   
For Sales Enquiries:    
Browse all Reports:
LinkedIn| Twitter| Blogs