Global Biocides Market is estimated to be valued at USD 10.13 Bn in 2025 and is expected to reach USD 13.61 Bn by 2032, growing at a compound annual growth rate (CAGR) of 4.3% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 10.13 Bn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
4.30%
2032 Value Projection:
USD 13.61 Bn
Figure. Biocides Market Share (%), By Region 2025
Biocides refer to chemical substances that are used to destroy or control harmful living organisms like pests, germs, algae, fungi, and other potentially dangerous microorganisms. They help protect health as well as prevent deterioration of materials caused by biological agents. Rising hygiene concerns along with strict regulations regarding indoor air quality have augmented the demand for biocides from various end-use industries like food & beverage, wood preservation, medical, paints & coatings, and others.
Market Dynamics
The global biocides market is driven by rising hygiene awareness among individuals as well as industrial end users. Stringent regulations regarding indoor air quality and water treatment across various countries is further augmenting the market growth. Growing construction industry worldwide along with increasing spent on infrastructure development projects is another major factor bolstering the demand for biocides. However, shifting consumer preference towards bio-based and safer alternatives due to environmental concern can restrain the market expansion. Moreover, the development of resistant microbes poses a big challenge. Nevertheless, the emergence of innovative product formulations integrated with advanced technologies is expected to present lucrative opportunities for market players in the near future. Furthermore, the increasing consumption of packaged and processed food owing to changing lifestyles has augmented the need for biocides to prevent spoilage. However, stringent environmental regulations regarding the use of certain biocides along with availability of alternatives are expected to hamper the market growth. On the other hand, research & development activities to develop bio-based and eco-friendly biocides are expected to create new opportunities in the coming years.
Key Features of the Study
This report provides in-depth analysis of the global biocides market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global biocides market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include AkzoNobel N.V., Albemarle Corporation, Arch Chemicals Inc., Ashland Inc., BASF SE, Champion Technologies, Clariant AG, Lanxess, Lubrizol, The Dow Chemical Company, THOR Group Limited, and Troy Corporation
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global biocides market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global biocides market
Market Segmentation
By Product Type Insights (Revenue, USD, 2019 - 2032)
Halogen compounds
Metallic compounds
Organosulfur
Phenolic
Nitrogen
Others
By Application Insights (Revenue, USD, 2019 - 2032)
Water treatment
Food and beverage
Personal care
Wood preservation
Paints and coatings
Others
By Regional Insights (Revenue, USD, 2019 - 2032)
North America
U.S.
Canada
Latin America
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
GCC Countries
Israel
Rest of Middle East
Africa
South Africa
North Africa
Central Africa
Key Players Insights
AkzoNobel N.V.
Albemarle Corporation
Arch Chemicals Inc.
Ashland Inc.
BASF SE
Champion Technologies
Clariant AG
Lanxess
Lubrizol
The Dow Chemical Company
THOR Group Limited
Troy Corporation
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Product Type
Market Snippet, By Application
Market Snippet, By Region
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
PEST Analysis
PORTER's Five Forces Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trend
4. Global Biocides Market - Impact of Coronavirus (COVID-19) Pandemic
Overview
Factors Affecting the Global Biocides Market - COVID-19
Impact Analysis
5. Global Biocides Market, By Product Type, 2020-2032 (USD Bn)
Introduction
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Halogen compounds
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Metallic compounds
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Organosulfur
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Nitrogen
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Others
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
6. Global Biocides Market, By Application, 2020-2032 (USD Bn)
Introduction
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Water treatment
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Food and beverage
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Personal care
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Wood preservation
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Paints and coatings
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Others
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
7. Global Biocides Market, By Region, 2025-2032 (USD Bn)
Introduction
Market Share Analysis, By Region, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2021 - 2032
North America
Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, For Country, 2021 - 2032
Market Size and Forecast, By Product Type, 2020- 2032, (USD Bn)
Market Size and Forecast, By Application, 2020- 2032, (USD Bn)
Market Size and Forecast, By Country, 2020- 2032, (USD Bn)
U.S.
Canada
Latin America
Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, For Country, 2021 - 2032
Market Size and Forecast, By Product Type, 2020- 2032, (USD Bn)
Market Size and Forecast, By Application, 2020- 2032, (USD Bn)
Market Size and Forecast, By Country, 2020- 2032, (USD Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, For Country, 2021 - 2032
Market Size and Forecast, By Product Type, 2020- 2032, (USD Bn)
Market Size and Forecast, By Application, 2020- 2032, (USD Bn)
Market Size and Forecast, By Country, 2020- 2032, (USD Bn)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, For Country, 2021 - 2032
Market Size and Forecast, By Product Type, 2020- 2032, (USD Bn)
Market Size and Forecast, By Application, 2020- 2032, (USD Bn)
Market Size and Forecast, By Country, 2020- 2032, (USD Bn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East
Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, For Country, 2021 - 2032
Market Size and Forecast, By Product Type, 2020- 2032, (USD Bn)
Market Size and Forecast, By Application, 2020- 2032, (USD Bn)
Market Size and Forecast, By Country, 2020- 2032, (USD Bn)
GCC Countries
Israel
Rest of Middle East
Africa
Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, For Country, 2021 - 2032
Market Size and Forecast, By Product Type, 2020- 2032, (USD Bn)
Market Size and Forecast, By Application, 2020- 2032, (USD Bn)
Market Size and Forecast, By Country/Region, 2020- 2032, (USD Bn)