Biocides Market Size, Share & Trends Analysis Report By Type (Oxidizing biocides and Non-Oxidizing biocides), By End-use (Paints & Coatings, Water Treatment, HVAC and Others), By Region (APAC, Europe, North America), And Segment Forecasts, 2023 - 2030

Report Overview

The biocides market was valued at 11,672.24 million in 2022 and expected to grow at CAGR of 3.8% over forecast period.

Growing demand for biocides in the various industries such as healthcare and pharmaceuticals, construction, food & beverages, water treatment, agriculture and crop protection and construction and wood preservation driving the growth for biocides market. In healthcare settings, biocides are used extensively to disinfect surfaces, medical equipment, and instruments. They are critical in preventing healthcare-associated infections (HAIs) and ensuring patient safety. Increasing consumer awareness of health and safety issues has led to a demand for products and services that prioritize cleanliness and hygiene. Businesses that cater to this demand rely on biocides to provide safe and clean environments for their customers.

Additionally, rise in the number of waterborne diseases are fueling the growth of the market. Biocides are used in water treatment processes to eliminate harmful microorganisms and ensure safe and clean drinking water. Contaminated water can lead to waterborne diseases and health hazards.

Regulatory agencies impose strict standards and requirements for the use of biocides in various applications, including healthcare, food production, and water treatment. Non-compliance can lead to legal and financial consequences, driving the need for biocide use to meet regulatory obligations.

Type Outlook

Based on type, the biocides market is segmented into Oxidizing biocides and non-Oxidizing biocides. Oxidizing biocides segment accounted for largest share in 2022. Oxidizing biocides play a significant role in driving the growth of the biocides market due to oxidizing biocides have broad-spectrum antimicrobial activity. Hence, they can target and eliminate a wide range of microorganisms, including bacteria, viruses, fungi, and algae. This versatility makes them suitable for various applications such as pool and spa maintenance, food and beverage processing, cooling water systems etc.

Moreover, in water treatment, oxidizing biocides are used to prevent the growth of harmful bacteria and algae in cooling towers, boilers, and other water systems. They help maintain water quality and prevent corrosion and fouling. Thus, Growing demand of oxidizing biocides in water treatment is boosting the growth of segment.

For instance,

In June 2018, DuPont launched Specialty Products, within its AQUCAR Water Treatment Microbiocides portfolio to treat the microbes under -40° F.

Regional Outlook

Asia-Pacific has emerged as leading market for biocides market in 2022. Several key factors are driving the Asia-Pacific biocides market such as the rapid industrialization of many Asia-Pacific countries has resulted in a proliferation of manufacturing facilities, factories, and industrial complexes. These settings have high cleaning and maintenance requirements to ensure operational efficiency and safety. Additionally, The Asia-Pacific region is seeing an expansion of the healthcare sector, with the construction of new hospitals and clinics. Healthcare facilities require stringent cleaning and sanitation to prevent infections, driving demand for cleaning services and products.

Biocides Market Report Scope

Global Biocides Market, Report Segmentation

Biocides Market, By  Type

• Oxidizing Biocides
• Non-Oxidizing Biocides

Biocides Market, By End-Use

• Paints & Coatings
• Water Treatment,
• HVAC
• Other

Biocides Market, Regional Outlook

North America

• U.S.
• Canada
• Mexico

Europe

• Germany
• UK
• Spain
• Russia
• France
• Italy

Asia Pacific

• China
• Japan
• India
• South Korea
• Australia

CSA

• Brazil
• Argentina

MEA

• UAE
• Saudi Arabia
• South Africa