Biocides Market Size, Competition by Market Shares, Growth Rate, Key Players | Analysis and Forecast 2024

Recently published a report entitled Biocides Market projected till 2026, added by Value Market Research, covers key players along with their market share and strategic development adopted by them.

Further, the report provides market size, share, trends, outlook and forecast based on historical data coupled with drivers, restraints, and opportunities.The broad biocides market has been sub-grouped into type and application.

The report studies these subsets with respect to the geographical segmentation.

The strategists can gain a detailed insight and devise appropriate strategies to target specific market.

This detail will lead to a focused approach leading to identification of better opportunities.Request a FREE Sample Copy of Biocides Market Report with Full TOC At: https://www.valuemarketresearch.com/contact/biocides-market/download-sampleBy TypeHalogen CompoundMetallic CompoundOrganosulfursOrganic AcidsPhenolicsOther TypesBy ApplicationWater TreatmentPharmaceutical & Personal CareWood PreservationFood & BeveragePaints & CoatingsOther ApplicationThe report also covers detailed competitive landscape including company profiles of key players operating in the global market.

The key players in the biocides market include AkzoNobel NV, Albemarle Corporation, Baker Hughes Incorporated, BASF SE, BWA WATER ADDITIVES, Dow DuPont, Ecolab, Kemira, Lonza, Lubrizol
, and Merck KGaA
among others.

Biocidal products refer to active substances or compositions that are used to deter, render, destroy harmless microorganisms, or exert a controlling effect on hazardous organisms, by chemical or biological means.

Based on their properties, such products can act as pesticides, disinfectants, or preservatives.

Oxidizing biocides, such as chlorine, sodium bromide, and peracetic acid, attack microorganisms by oxidizing the cell structure and disrupting nutrients by percolating through the cell walls.

Whereas, nonoxidizing biocides attack microorganisms by interfering with reproduction, breaking the cell walls, or stopping the respiration process.The increasing requirement for such products for preserving personal care, healthcare, and home care products will drive the biocides market at a 4.4% CAGR during the forecast period (2019–2024).

According to P Intelligence, the market will produce around 1,376.6 kilotons of biocides by 2024.

Biocides are used as disinfectants, sterilant, and preservatives in consumer products as they prevent or eliminate microbial growth.

The research report includes specific segments by region (country), by company, by Type and by Application.

This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2026.

Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Download FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/64496/global-oilfield-biocides-chemicals-2021-243Segment by Type, the Oilfield Biocides Chemicals market is segmented into:Organic BiocidesInorganic BiocidesSegment by Application:Oil and GasShale GasGlobal Oilfield Biocides Chemicals Market: Regional AnalysisThe Oilfield Biocides Chemicals market is analysed and market size information is provided by regions (countries).

The report includes country-wise and region-wise market size for the period 2015-2026.

It also includes market size and forecast by Type and by Application segment in terms of sales and revenue for the period 2015-2026.The key regions covered in the Oilfield Biocides Chemicals market report are:North AmericaU.S.CanadaEuropeGermanyFranceU.K.ItalyRussiaAsia-PacificChinaJapanSouth KoreaIndiaAustraliaTaiwanIndonesiaThailandMalaysiaPhilippinesVietnamLatin AmericaMexicoBrazilArgentinaMiddle East & AfricaTurkeySaudi ArabiaU.A.EGlobal Oilfield Biocides Chemicals Market: Competitive AnalysisThis section of the report identifies various key manufacturers of the market.

Biocides Market is expected to witness significant growth over the forecast period owing to rising demand from end-user industries including paint & coatings, personal healthcare, food & beverage and water treatment.

Furthermore, growing need for portable water in industrial and domestic application primarily due to rising population is anticipated to drive the market growth over the next eight years.

In addition, the growing awareness of biocides in food & beverage application is further projected to propel the sector demand over the forecast period.

Halogen compound segment was accounted for more than 25% market share in 2015 and expected to witness similar trend over the next eight years owing to its low cost and increasing its raw material availability such as bromine, chlorine, and iodine.

Organosulfurs segment is also expected to witness proliferated growth by 2024 majorly due to rising awareness regarding products that possess antibacterial and antifungal properties to inhibit microorganism growth on metal or plastic surfaces.

The biocide market is highly competitive primarily to the presence of several domestic and international suppliers.

The global biocides market is expected to witness significant growth over the forecast period owing to rising demand from end-user industries including paint & coatings, personal healthcare, food & beverage and water treatment.

Furthermore, growing need for portable water in industrial and domestic application primarily due to rising population is anticipated to drive the market growth over the next eight years.

In addition, the growing awareness of biocides in food & beverage application is further projected to propel the sector demand over the forecast period.

However, growing stringent regulation imposed on manufacturers due to rising environmental concerns coupled with increasing fluctuation in the raw material prices has enabled the market to witness hindered growth over the next eight years.

The biocide market is highly competitive primarily to the presence of several domestic and international suppliers.

Over the forecast period, the growing new product development activities coupled with increasing adoption of new technologies for achieving operational efficiency has enabled the competition to become more aggressive.

According to the report published by Allied Market Research, the global biocides market generated $12.7 billion in 2019, and is estimated to reach $20.7 billion by 2027, registering a CAGR of 6.8% from 2020 to 2027.

The report offers an extensive analysis of the changing market dynamics, key winning strategies, business performance, major segments, and competitive scenario.Rise in demand for clean water for domestic/industrial purposes and surge in end users drive the growth of the global biocides market.

On the other hand, market opportunity for silver-based biocides and development of total organic biocide system create new opportunities in the coming years.Request Report Sample at:  https://www.alliedmarketresearch.com/request-sample/1870Covid-19 scenario:The raw material shortages for disinfectants have urged the suppliers to contemplate using other biocidal ingredients.

However, the process and utilization of biocidal products differ region to region.In Slovenia, the Slovene Chemical Office initiated to issue permit to produce disinfectants with certain biocidal products.In Belgium, on the other hand, the competent authorities have initiated to progress with biocidal products followed by the grant of temporary authorizations.Get Detailed COVID-19 Impact Analysis on the Biocides Market:  https://www.alliedmarketresearch.com/request-for-customization/1870?reqfor=covidBased on type, the halogen based derivatives segment contributed to around two-fifth of the market in 2019, and is estimated to maintain its dominant position during the forecast period.

The report also analyzes regions including Europe, North America, and LAMEA.Leading market players analyzed in the research include Berkshire Hathaway, BASF SE, DuPont, Kerry, Solvay SA, Lonza Group AG, Lanxess AG, Thor Group Limited, Clariant AG, Corbion N.V., Kemin Industries, Inc., and Nouryon.Interested in Procuring this Report?

visit:  https://www.alliedmarketresearch.com/biocides-market/purchase-optionsAbout Allied Market Research:Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon.

Global Biocides Market was valued at US$ 7.139 Bn in 2020 and is estimated to reach US$ 10.532 Bn by 2026 growing at a CAGR of 4.98% during the forecast.The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors.

Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments.

The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.Global Biocides MarketThe upsurge in the usage of biocides in the water treatment and agriculture industry as pesticides and insecticides and awareness regarding consumption of clean water are the key factors driving the growth of the global biocides market.

However, environmental issues related to the emission of halogenated biocides, such as endocrine disruptions and carcinogenic properties, have caused the making of stringent norms, regulations, and protocols, especially on the use of chlorine and bromine in the water treatment industry.The halogen-based segment is leading the biocides market followed by metallic biocides.

The halogen-based segment growth is driven due to its less cost and high efficiency.

They are utilized in a wide spectrum of applications, and relatively low occurrence of resistance.