Biocide Market Steady Growth by 2025 | Clariant AG, The Dow Chemical Company, Thor Group Limited, Troy Corporation, Nalco Champion

Adroit Market Research
Global Biocide Market Size 2017
by Type (Phenol, Organosulfurs, Nitrogen, Organic Acids,
Halogen Compounds, Metallic Compounds and Others), by
Application (Oil and Gas, Water Treatment, Paints and coatings,
Food and Beverages, HVAC, Personal Care, Fuels, Boilers and
Others), by Region and Forecast 2018 to 2025
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Adroit Market Research
Biocide Market Size and Forecast 2018-2025
• The global biocide market report covers the analysis based on drivers, restraints and future opportunities that are expected to
influence the revenue during the forecast period. Additional tools such as the Porter’s five forces analysis, PESTEL analysis, and
value chain analysis are included to give a holistic market view.
• The report also provides comprehensive analysis of the regional trends that will impact the global biocide market size.
• The global biocide market size is estimated to be worth USD 13.76 billion by 2025 due to the increasing demand for the product in
applications such as water treatment, paints & coatings and food & beverages among others.
• This can be attributed to the requirement of microbial protection for a wide number of applications including pulp, paper, paints,
adhesives, water treatment and metalworking fluids.
• Furthermore, the use of phenolic as a disinfectant in hospitals, nursing homes, households, farms, laundries, and food processing
plants will majorly drive the demand of this segment in the coming years.
• The antimicrobial, antifungal and antibacterial properties of biocides (that help in restricting growth of unwanted fungus and
bacteria) have escalated its demand in paints & coatings. The increasing construction activities in emerging countries has resulted
in elevating the demand for paints and coatings, thereby acting as an aid in the growth of global biocide market.
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Biocide Market Size and Forecast 2018-2025
• The rising need for safe packaged food serves as a driving factor for the food and beverage industry, thereby, driving the
global biocide market growth. Increasing government investments for waste water treatment across the region has
further aggravated the demand of biocides.
• The growth of the electronics, automotive, and healthcare industries in the region are expected to result in substantial
domestic demand.
• Geographically, Asia Pacific is anticipated to grow at a CAGR of 6% during the forecast period. Increasing investments in
infrastructure and manufacturing in the region are expected to offer huge growth opportunities to the regional biocide
market growth.
• China and India are projected to emerge as the key driving countries during the forecast period.
• The rising need for safe packaged food serves as a driving factor for the food and beverage industry, thereby, driving the
global biocide market growth. Increasing government investments for waste water treatment across the region has
further aggravated the demand of biocides.
• The key players in the global biocide market report include AkzoNobel N.V., BASF SE, Clariant AG, The Dow Chemical
Company, Thor Group Limited, Troy Corporation, LANXESS, Ashland Global Specialty Chemicals Inc., Nalco Champion and
Arch Chemicals Inc. among others.
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Key segments of the Global Biocide Market
• Type Overview, 2015-2025 (USD Million)
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Phenol
Organosulfurs
Nitrogen
Organic Acids
Halogen Compounds
Metallic Compounds
Others
• Application Overview, 2015-2025 (USD Million): Oil & Gas, Water Treatment, Paints & coatings, Food &
Beverages, HVAC, Personal Care, Fuels, Boilers, Others.
• Regional Overview, 2015-2025 (USD Million): North America, Europe, Asia Pacific, Rest of the World.
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Global Biocide Market report covers the analysis based on drivers, restraints and future opportunities that are expected to influence the revenue during the forecast period.