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    Biocides Market | Covid-19 Impact Analysis

    Biocides Market | Covid-19 Impact Analysis

    Biocides Market | Covid-19 Impact Analysis
    Report code - SRAM436 Delivery - 2 Weeks
    Biocides Market Size, Share, Trend, Forecast, & Industry Analysis – 2020-2025
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    Impact of COVID-19 on Biocides Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Biocides Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Biocides Market Insights

    Biocides Market is likely to witness an impressive CAGR of 5.2% during the forecast period. The use of biocides in manufacturing soaps, cleansing conditioners, and face wash as preservatives and antimicrobial agents, is one of the factors, likely to accelerate the product demand in the market as consumers’ preferences are rapidly shifting towards high-quality ingredients with sanitizing and cleansing features for protecting themselves from any kind of skin infection. Further, other factors such as adoption of high-quality biocide solution by cosmetic industry players in manufacturing cosmetic products attributes to the growing competition in the industry, and rapid growth in the numbers of engaged manufacturers in the development of new products is expected to fuel the growth of the market during the forecast period.

    Biocides Market - Snapshot

    Growth

    5.2% for the next five years

    Major Product Type

    Halogen Compounds  

    Dominant Application Type

    Food & Beverage

    Region with the highest demand

    North America

    Key Players

    AkzoNobel, Albemarle Corporation, Baker Hughes Incorporated, BASF SE, BWA Water Additives, Lonza, Nalco Champion, Solvay S.A., The Lubrizol Corporation, and Valtris Specialty Chemicals

     

    Market Share Analysis

    Biocides-Market-Dominant-Segments

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    Biocides Market Share: By Product Type

    Based on the product type, the market is segmented as halogen compounds, metallic compounds, organosulfurs, organic acids, phenolics, nitrogen, and others. Halogen compounds are estimated to be the major product type; their growth is attributed to their extensive usage in water treatment industry owing to the growing awareness on water quality standards, as it helps in eliminating organic and synthetic impurities, fueling the product demand in the market.

    Biocides Market Share: By Application Type

    Based on the application type, the market is segmented as water treatment, food & beverage, personal care, wood preservation, paints & coatings, HVAC, boilers, oil & gas, fuels, and others. Food & Beverage application is estimated to witness significant growth rate over the forecast period. The growth of the segment is bolstered by the strict sanitary rules in the food & beverage sector. Factors such as rapid adoption of high-quality ingredients by the fast food industry players in an attempt to boost their brand image and enhance hygiene conditions for getting better rating, growing concerns on bacterial & viral infections, and rise in demand for quick acting and high-performance solutions, which are used in cleaning utensils made from iron, Teflon, stainless steel, and also helps in minimizing the contamination of food, are expected to fuel the growth of the market during the forecast period.

    Biocides Market Share: By Region

    In terms of regions, North America is estimated to witness high growth rate in the market, during the forecast period. This growth is attributed to rapid shifting towards natural gas solutions. Natural gas is the cleanest fossil fuel which is utilized in upstream & downstream operations, and also used in various stages of production, whether in extraction, transmission, or storage. Factors such as the growing applications of natural gas in automobile, electrical, manufacturing, general, and water heating applications, attempt of industry players to capitalize on emerging trends in the market by fueling the eco-friendly and sustainability methods for strengthening brand image, and growing adoption of cleaner alternatives by customers, are expected to accelerate the natural gas demand, thereby fueling the growth of the biocides market during the forecast period. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

    Biocides-Market-By-Region

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    Some of the key players in the biocides market are-

    • AkzoNobel
    • Albemarle Corporation
    • Baker Hughes Incorporated
    • BASF SE
    • BWA Water Additives
    • Lonza
    • Nalco Champion
    • Solvay S.A.
    • The Lubrizol Corporation
    • Valtris Specialty Chemicals.

     

    Market Scope & Segmentation

    Biocide is a microorganism or an active substance which is intended to destroy, inactivate or exert the controlling effect on harmful microorganisms which can cause damage to natural or manufactured materials, by chemical or biological synthesis, and exhibit excellent features such as high cleansing action, nontoxic nature, and high resonance with solvents making it compatible for various end-use industries.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Biocides Market Research Report - Features

    Market Segmentation

    3

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The biocides market is segmented into the following categories. 

    Biocides Market Size, Share, & Forecast, by Product Type:

    • Halogen Compounds (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Metallic Compounds (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Organosulfurs (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Organic Acids (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Phenolics (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Nitrogen (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Biocides Market Size, Share, & Forecast, by Application Type:

    • Water Treatment (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Food & Beverage (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Personal Care (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Wood Preservation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Paints & Coatings (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • HVAC (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Boilers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Oil & Gas (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Fuels (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Biocides Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

     

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the product types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]

     


    Frequently Asked Questions (FAQs)

    What will be the growth of Biocides Market in the foreseeable future?

    Biocides market is expected to witness an impressive growth of 5.2% CAGR in the foreseeable future.

    Who are the key players in the Biocides Market?

    AkzoNobel, Albemarle Corporation, Baker Hughes Incorporated, BASF SE, BWA Water Additives, Lonza, Nalco Champion, Solvay S.A., The Lubrizol Corporation, and Valtris Specialty Chemicals are among the key players in the biocides market.

    Which country/region is expected to witness the high growth rate in the Biocides Market?

    North America is expected to witness the high growth rate in the biocides market in the coming years.

    What are the factors driving the growth of Biocides Market?

    Some of the factors driving the growth of biocides market are adoption of high-quality biocide solution by cosmetic industry players in manufacturing cosmetic products attributes to the growing competition in the industry, and rapid growth in the numbers of engaged manufacturers in the development of new products.

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