Biocides Market Size, Share & Trends Analysis Report By Type (Non-oxidizing Biocide, Oxidizing Biocide), Application (Water Treatment, Household, Industrial & Institutional Cleaning and Home Care, Paints & Coatings, Wood Preservatives), By Region, And Segment Forecasts, 2025-2034

Report Id: 1637 Pages: 180 Last Updated: 07 March 2025 Format: PDF / PPT / Excel / Power BI
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The Global Biocides Market Size is valued at USD 9.50 billion in 2024 and is predicted to reach USD 15.25 billion by the year 2034 at a 5.0% CAGR during the forecast period for 2025-2034.

Key Industry Insights & Findings from the Report:

  • Constant investments in R&D, as well as the creation of synergic chemistries for product diversity, better efficiency, innovation, and application expansion, all help to drive market growth.
  • Increasing awareness of hygiene and health is expected to drive industry growth.
  • Asia Pacific dominated the market and accounted for a revenue share of global revenue in 2023.
  • One of the major concerns restraining industry growth is compliance with evolving and stringent regulatory requirements

 Global Biocides Market info

Biocides are active chemical molecules to prevent the spread of germs that come into contact with people or animals. Active compounds with antibiotic properties might be manufactured or natural and are used to treat diseases brought on by bacteria. The use of biocides restricts antibiotic use. Applications for specialized biocides that use biocide preservation are at the forefront of the market, consuming the most expensive and valuable biocides. Using blends of carefully chosen biocidal active substances in the best ratios and new technological advancements can provide improved preservation solutions without the need for cautionary labeling, despite regulatory pressures to reduce the number of biocides used in end products based on their concentrations.

The biocides industry is experiencing a variety of difficulties that are limiting its expansion. The use of biocides might have negative environmental effects. Compounds in anti-fouling paints like TBT have been shown to have long-term effects on marine ecosystems. As a result, it is forbidden for commercial vessels in several countries. When used or undesired biocides are discarded, it causes major problems and long-term environmental harm. These are the market's difficult factors. 

Recent Developments:

  • In January 2022, Veolia Group purchased Seuz, a water and waste management company. Veolia Group can boost its revenue growth and biocides market expansion thanks to this acquisition.
  • In January 2021, LANXESS acquired the French company Intace S.A.S. as part of its expansion to keep its position as one of the leading producers of biocide. French company Intace S.A.S. specializes in developing and applying fungicides and biocides for the packaging sector. 

Competitive Landscape:

Some of the biocides market players are:

  • Lanxess AG
  • Veolia Group
  • Araxda AG
  • Ecolab Inc.
  • Nouryon
  • General Electric Company
  • Evonik Industries AG
  • Solvay S.A.
  • Clariant AG
  • Italmatch Chemicals S.P.A.
  • Solenis & Sigura Water
  • Kemira Oyj
  • Stepan Company
  • Danaher Corporation
  • Albemarle corporation
  • M.C. Corporation
  • C.L. Group
  • Chevron Corporation
  • E.S. Energy Solution CORP
  • Arkema SA
  • The Lubrizol Corporation
  • Thor Group Limited
  • Chemicrea Inc
  • Merck KGAA
  • Accepta Water Treatment

Market Segmentation:

The biocides market is segmented based on type and application. Based on type, the market is segmented as an oxidizing biocide, non-oxidizing biocide and others. By application, the market is segmented into water treatment and household, industrial & institutional cleaning and homecare. The water treatment is further fragmented into municipal water treatment, oil & gas, power plants, pulp & paper, swimming pools, and mining. According to household, industrial & institutional cleaning and homecare, it is further fragmented into paints & coatings, wood preservatives and others.

Based On Application, The Paint And Coating Segment Is A Major Contributor To The Biocides Market

The paint and coating category is expected to hold a major share of the global biocides market. Paints and coatings are prone to microbiological contamination, and biocides are used to prevent this, leading to an increased demand for biocides in the paint and coating industry. The growth of the construction industry is driving demand for paints and coatings, and hence, biocides as they are used to protect the paints and coatings from fungal and bacterial growth. Water-based paints are manufactured with biocide chemicals to prevent the development of funnels on the surface and the proliferation of airborne microorganisms. This aids in avoiding sickness and infection spread by contact or air. High product consumption is a result of the expanding consumer lifestyle and self-awareness.

The Water Treatment Segment Witnessed Growth At A Rapid Rate

Municipal water treatment, oil and gas, power plants, pulp and paper mills, swimming pools, and mining are all part of the water treatment process. Marine coatings and other categories make up the paint and coating market. Due to the high demand for these applications during the pandemic, when the use of hygiene products drove increased awareness of the need to maintain health, household, and personal care applications dominated the biocides market.

The Asia Pacific Biocides Market Holds A Significant Revenue Share In The Region

With the most significant revenue share, the Asia Pacific region dominated. This is due to various circumstances, including the increasing production of disinfectants, especially during the epidemic, and the high demand for cleaning solutions designed specifically for particular applications. Antimicrobial agents with effective activity are required for disinfectants used in industrial, commercial, or residential applications, and this has significantly increased the need for affordable and effective biocide-active chemicals.

Due to increased high-end paper production, extensive recycling, and stricter rules governing effluent discharge from the pulp and paper industry, biocides are projected to be in higher demand in the pulp and paper sector. Besides, North America accounted for the market and is anticipated to expand rapidly. This expansion is related to the quick transition to natural gas-based solutions. The cleanest fossil fuel, natural gas, is used in upstream and downstream processes and at many production phases, including extraction, transmission, and storage.

Biocides Market Report Scope:

Report Attribute Specifications
Market size value in 2024 USD 9.50 Bn
Revenue forecast in 2034 USD 15.25 Bn
Growth rate CAGR CAGR of 5.0% from 2025 to 2034
Quantitative units Representation of revenue in US$ Million, Volume (KT) and CAGR from 2025 to 2034
Historic Year 2021 to 2024
Forecast Year 2024-2034
Report coverage The forecast of revenue, the position of the company, the competitive market statistics, growth prospects, and trends
Segments covered Type And Application
Regional scope North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Country scope U.S.; Canada; U.K.; Germany; China; Japan; Brazil; Mexico; The UK; France; Italy; Spain; Japan; India; South Korea; Southeast Asia
Competitive Landscape Lanxess AG, Veolia Group, Araxda AG, Ecolab Inc., Nouryon, General Electric Company, Evonik Industries AG, Solvay SA, Clariant AG, Italmatch Chemicals S.P.A, Solenis & Sigura Water, Kemira Oyj, Stepan Company, Danaher Corporation, Albemarle Corporation, FMC Corporation, ICL Group, Chevron Corporation, CES Energy Solution CORP, Arkema SA, The Lubrizol Corporation, Thor Group Limited, Chemicrea Inc., Merck KGAA and Accepta Water Treatment
Customization scope Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape.
Pricing and available payment methods Explore pricing alternatives that are customized to your particular study requirements.

Segmentation of Biocides Market-

Biocides Market By Type-

  • Oxidizing Biocide
  • Non-Oxidizing Biocide
  • Others

biocides

Biocides Market 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

Biocides Market By Region-

North America-

  • The US
  • Canada
  • Mexico

Europe-

  • Germany
  • The UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia-Pacific-

  • China
  • Japan
  • India
  • South Korea
  • South East Asia
  • Rest of Asia Pacific

Latin America-

  • Brazil
  • Argentina
  • Rest of Latin America

 Middle East & Africa-

  • GCC Countries
  • South Africa
  • Rest of the Middle East and Africa

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Research Design and Approach

This study employed a multi-step, mixed-method research approach that integrates:

  • Secondary research
  • Primary research
  • Data triangulation
  • Hybrid top-down and bottom-up modelling
  • Forecasting and scenario analysis

This approach ensures a balanced and validated understanding of both macro- and micro-level market factors influencing the market.

Secondary Research

Secondary research for this study involved the collection, review, and analysis of publicly available and paid data sources to build the initial fact base, understand historical market behaviour, identify data gaps, and refine the hypotheses for primary research.

Sources Consulted

Secondary data for the market study was gathered from multiple credible sources, including:

  • Government databases, regulatory bodies, and public institutions
  • International organizations (WHO, OECD, IMF, World Bank, etc.)
  • Commercial and paid databases
  • Industry associations, trade publications, and technical journals
  • Company annual reports, investor presentations, press releases, and SEC filings
  • Academic research papers, patents, and scientific literature
  • Previous market research publications and syndicated reports

These sources were used to compile historical data, market volumes/prices, industry trends, technological developments, and competitive insights.

Secondary Research

Primary Research

Primary research was conducted to validate secondary data, understand real-time market dynamics, capture price points and adoption trends, and verify the assumptions used in the market modelling.

Stakeholders Interviewed

Primary interviews for this study involved:

  • Manufacturers and suppliers in the market value chain
  • Distributors, channel partners, and integrators
  • End-users / customers (e.g., hospitals, labs, enterprises, consumers, etc., depending on the market)
  • Industry experts, technology specialists, consultants, and regulatory professionals
  • Senior executives (CEOs, CTOs, VPs, Directors) and product managers

Interview Process

Interviews were conducted via:

  • Structured and semi-structured questionnaires
  • Telephonic and video interactions
  • Email correspondences
  • Expert consultation sessions

Primary insights were incorporated into demand modelling, pricing analysis, technology evaluation, and market share estimation.

Data Processing, Normalization, and Validation

All collected data were processed and normalized to ensure consistency and comparability across regions and time frames.

The data validation process included:

  • Standardization of units (currency conversions, volume units, inflation adjustments)
  • Cross-verification of data points across multiple secondary sources
  • Normalization of inconsistent datasets
  • Identification and resolution of data gaps
  • Outlier detection and removal through algorithmic and manual checks
  • Plausibility and coherence checks across segments and geographies

This ensured that the dataset used for modelling was clean, robust, and reliable.

Market Size Estimation and Data Triangulation

Bottom-Up Approach

The bottom-up approach involved aggregating segment-level data, such as:

  • Company revenues
  • Product-level sales
  • Installed base/usage volumes
  • Adoption and penetration rates
  • Pricing analysis

This method was primarily used when detailed micro-level market data were available.

Bottom Up Approach

Top-Down Approach

The top-down approach used macro-level indicators:

  • Parent market benchmarks
  • Global/regional industry trends
  • Economic indicators (GDP, demographics, spending patterns)
  • Penetration and usage ratios

This approach was used for segments where granular data were limited or inconsistent.

Hybrid Triangulation Approach

To ensure accuracy, a triangulated hybrid model was used. This included:

  • Reconciling top-down and bottom-up estimates
  • Cross-checking revenues, volumes, and pricing assumptions
  • Incorporating expert insights to validate segment splits and adoption rates

This multi-angle validation yielded the final market size.

Forecasting Framework and Scenario Modelling

Market forecasts were developed using a combination of time-series modelling, adoption curve analysis, and driver-based forecasting tools.

Forecasting Methods

  • Time-series modelling
  • S-curve and diffusion models (for emerging technologies)
  • Driver-based forecasting (GDP, disposable income, adoption rates, regulatory changes)
  • Price elasticity models
  • Market maturity and lifecycle-based projections

Scenario Analysis

Given inherent uncertainties, three scenarios were constructed:

  • Base-Case Scenario: Expected trajectory under current conditions
  • Optimistic Scenario: High adoption, favourable regulation, strong economic tailwinds
  • Conservative Scenario: Slow adoption, regulatory delays, economic constraints

Sensitivity testing was conducted on key variables, including pricing, demand elasticity, and regional adoption.

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Frequently Asked Questions

Biocides Market Size is valued at USD 9.50 billion in 2024 and is predicted to reach USD 15.25 billion by the year 2034

Biocides Market expected to grow at a 5.0% CAGR during the forecast period for 2025-2034

Lanxess AG, Veolia Group, Araxda AG, Ecolab Inc., Nouryon, General Electric Company, Evonik Industries AG, Solvay SA, Clariant AG, Italmatch Chemicals

Biocides market is segmented based on type and application.

Asia Pacific region is leading the Biocides Market.
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