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

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

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: