Biocides Global Market 2024 - By Demand, Growth Factors, Trends, Key Drivers Forecast To 2033


Posted January 16, 2024 by varuntbrc

Global biocides market size is expected to reach $17.23 Bn by 2028 at a rate of 7.1%, segmented as by type, oxidizing biocides, non-oxidizing biocides
 
The Biocides Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

Learn More On The Biocides Market:
https://www.thebusinessresearchcompany.com/report/biocides-global-market-report

According to The Business Research Company’s Biocides Global Market Report 2024, The biocides market size has grown strongly in recent years. It will grow from $12.31 billion in 2023 to $13.08 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%.  The growth in the historic period can be attributed to growing population and urbanization, expansion of healthcare sector, increasing awareness of hygiene, rising concerns about water quality, stringent regulations on preservatives, preventive measures in agriculture.

The biocides market size is expected to see strong growth in the next few years. It will grow to $17.23 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%.  The growth in the forecast period can be attributed to development of bio-based biocides, expansion of oil and gas exploration, demand in wood preservation, increasing consumer awareness, focus on antimicrobial textiles, growth in personal care products. Major trends in the forecast period include increased use in water treatment, innovations in microbial control, biosecurity measures in agriculture, rise in antifouling solutions, emerging technologies in biocide delivery.

An increase in the use of antimicrobial protection in end-use industries propels the growth of the biocide market. Antimicrobial protection refers to a substance that exhibits the capacity to lower or inhibit the levels of microorganisms, including bacteria and mold. The biocides have widespread applications as an antimicrobial, disinfectant, and preservative in the various end-use industries such as agrochemicals, food & beverages, water treatment, paints & coatings, cosmetics & personal care, oil & gas, and pulp & paper. In hospitals and other health institutions, the use of biocides is essential to avoid and control the spread of infectious diseases. For instance, according to the American Chemistry Council, a US-based industry trade association for American chemical companies, in September 2020, during the COVID-19 pandemic, more than 1,000 disinfectants were registered and deemed by the US EPA (Environmental Protection Agency) to be effective against COVID-19 virus. Therefore, an increase in the use of antimicrobial protection in end-use industries is driving the growth of the biocides market.

Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample.aspx?id=8149&type=smp

The biocides market covered in this report is segmented –
1) By Type: Oxidizing Biocides, Non-Oxidizing Biocides
2) By Grade: Food Grade, Pharmaceutical Grade, Industrial or Technical Grade
3) By End User: Agrochemicals, Food and Beverages, Water Treatment, Paints and Coatings, Wood Preservatives, Cleaning Agents, Other End Users

Major companies operating in the animal and biocides market are focused on developing innovative products such as ENTAZIA to help rice farmers protect their crops and increase their yields. ENTAZIA is a broad-spectrum biocide that is effective against a wide range of plant diseases, including rice leaf blight. It is also a highly selective biocide, meaning that it is effective against harmful organisms while leaving beneficial organisms unharmed. For instance, in August 2023, FMC Corporation, a US-based chemical manufacturing company, launched its new biocide, ENTAZIA, in India to combat rice leaf blight. ENTAZIA is a new-generation biocide that is based on a unique active ingredient, fluopicolide. It has broad-spectrum activity, high selectivity, systemic action, and low environmental impact. Overall, ENTAZIA is a powerful and effective biocide that can help rice farmers protect their crops and increase their yields.

The biocides market report table of contents includes:
1. Executive Summary
2. Biocides Market Characteristics
3. Biocides Market Trends And Strategies
4. Biocides Market - Macro Economic Scenario
5. Global Biocides Market Size and Growth
................
31. Global Biocides Market Competitive Benchmarking
32. Global Biocides Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Biocides Market
34. Biocides Market Future Outlook and Potential Analysis
35. Appendix

Read Related Reports:
https://goodprnews.com/activated-bleaching-earth-global-market-share/
https://goodprnews.com/active-pharmaceutical-ingredients-global-market-share/
https://goodprnews.com/active-wound-care-global-market-share/
https://goodprnews.com/?p=43521
https://goodprnews.com/?p=43524
https://goodprnews.com/?p=43528
https://topprnews.com/activated-bleaching-earth-global-market-size/
https://topprnews.com/active-pharmaceutical-ingredients-global-market-size/
https://topprnews.com/active-wound-care-global-market-size/
https://topprnews.com/?p=230674
https://topprnews.com/?p=230683
https://topprnews.com/?p=230688

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Varun
Country United States
Categories Food , Health , Services
Tags biocides market size , biocides market share , biocides market trends , biocides market growth
Last Updated January 16, 2024