(EMAILWIRE.COM, July 20, 2024 ) InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the “Global Biocides Market Size, Share & Trends Analysis Report By Type (Non-oxidizing Biocide, Oxidizing Biocide and Others), Application (Water Treatment, Household, Industrial & Institutional Cleaning and Home Care, Paints & Coatings, Wood Preservatives and Others), By Region, – Market Outlook And Industry Analysis 2031”
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Biocides are chemical substances or microorganisms intended to destroy, deter, render harmless, or exert a controlling effect on any harmful organism by chemical or biological means. These harmful organisms can include bacteria, viruses, fungi, insects, and rodents. Biocides are versatile chemical substances or microorganisms used for various purposes, including sanitation and disinfection in homes, hospitals, and public places. They protect materials like wood, paints, and textiles from microbial degradation and control pests such as insects and rodents. Additionally, biocides are crucial in water treatment, oil and gas production, and other industrial processes to control microbial growth. To ensure their safety for humans, animals, and the environment, biocides are regulated. For example, in the European Union, biocidal products are governed by the Biocidal Products Regulation (BPR) (Regulation (EU) No 528/2012), which ensures that the risks associated with their use are properly assessed and managed. According to the Biocidal Products Regulation (BPR), all biocidal products must have authorization before being used or sold in the EU, and the EU must also authorize the active ingredients in them. Science-based opinions on active ingredient approvals and product authorizations for the entire Union are adopted by the Biocidal Products Committee (BPC) of ECHA. The European Commission then considers these views when determining whether to approve the active ingredients or allow the use of the biocidal products.
Innovations in biocidal formulations and application techniques enhance the efficiency and effectiveness of biocides, driving market growth. Regulations aimed at ensuring hygiene and safety in various industries drive the demand for effective biocidal products. Public awareness about hygiene and healthcare is rising globally. This is leading to an increased use of biocides in disinfectants, sanitizers, and other cleaning products in homes, hospitals, and public facilities.
List of Prominent Players in the Biocides Market:
• 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 Dynamics:
Drivers-
The need for clean and safe water in both developed and developing regions boosts the demand for biocides used in water treatment processes. Growing public awareness about hygiene and the importance of maintaining health standards fuels the use of biocides in homes, hospitals, and public places. The need for clean and safe water in both developed and developing regions boosts the demand for biocides used in water treatment processes. Rapid urbanization and industrialization in emerging economies increase the need for biocides in construction, manufacturing, and municipal applications. Additionally, the need to protect crops and livestock from pests and diseases promotes the use of biocides in agriculture.
Challenges:
Exposure to biocides, especially through improper use or prolonged contact, can have negative health effects. Some biocides are suspected carcinogens or endocrine disruptors, raising concerns about their safety.
Regional Trends:
North America dominates the market. The U.S. Environmental Protection Agency (EPA) enforces strict regulations on biocide usage, ensuring safety and environmental protection. This drives innovation in eco-friendly and sustainable biocides. The presence of major industries like oil and gas, water treatment, and manufacturing boosts the demand for industrial biocides. Asia pacific is fastest fastest-growing region due to the large agricultural sector in countries like India, China, and Southeast Asia drives the demand for biocides to protect crops and livestock.
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Recent Developments:
• In October 2023, Sun Chemical, a D.I.C. Corporation wholly-owned subsidiary, unveiled a range of Xfast dry stir-in colorants that don’t include biocide. Paints that comply with the eco-label have already reached a benchmark thanks to Xfast products, which are renowned for their outstanding quality and excellent purity. The dry stir-in colorant class is elevated by the new biocide-free Xfast product line, which is intended for waterborne systems in eco-label-proof coatings.
• In September 2023, M.C., introduced ENTAZIATM, its most recent product, in India. Bacillus subtilis, which helps crops withstand disease without damaging the environment, is an ingredient in this biocide. This biological product uses naturally occurring Bacillus subtilis to create a robust defense system that enhances the plant’s growth and vitality overall, as well as its capacity to tolerate stress and maintain a healthy beneficial microbiota. ENTAZIATM offers extra benefits to crops when used in conjunction with chemical fungicides and biostimulants for integrated pest management.
• In August 2022, Veolia Water Technologies and Bridgnorth Aluminium established a long-term partnership whereby Veolia Water supplied compliance services and water treatment methods at the specialist’s Shropshire production facility. The chemical supply and Legionella compliance for Veolia Water Technologies’ cooling towers and process water treatment systems are managed by the company.
Segmentation of Biocides Market-
By Type
• Oxidizing Biocide
• Non-Oxidizing Biocide
• Others
By Application
• Water Treatment
o Municipal Water Treatment
o Oil & Gas
o Power Plants
o Pulp & Paper
o Swimming pools
o Mining
o Other Water Treatment
• Household, Industrial & Institutional Cleaning and Home Care
• Paints & Coatings
• Wood Preservatives
• Others
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 Middle East and Africa
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About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Diana D’souza
+8884144123
diana.dsouza@insightaceanalytics.com
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