Global Specialty Biocides Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Specialty Biocides Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A special biocide is a compound or microorganism that can prevent, destroy and control any harmful organism by chemical or biological means. Special germicides include germicidal actives and germicidal products.

Market Overview:

The latest research study on the global Specialty Biocides market finds that the global Specialty Biocides market reached a value of USD 4002.26 million in 2022. It’s expected that the market will achieve USD 5265.2 million by 2028, exhibiting a CAGR of 4.68% during the forecast period.

Relevant policies are becoming stricter

In many countries, regulations require the registration of biocides, a process that includes lengthy and expensive toxicological tests designed to prove that a product is safe to use. Compliance with these regulations requires expertise and infrastructure, which requires companies to invest more capital and production costs. Especially for small and medium-sized enterprises, higher new product research and development costs and difficulties in entering the market may limit the development of the special biocide market.

Core Technicians and Technology Are at Risk of Loss

The industry is technology-intensive. Through years of production and R & D, participants in this industry have accumulated a lot of technical data and production experience, and possess core technologies in this field. This technical data and production experience control production costs and increase production efficiency. Product performance and quality, as well as maintaining player competitiveness in the product segment are even more important. Therefore, the loss of core technical staff and the loss of technology have a great impact on players. At the same time, the competition for core technical talents in the industry is fierce. For industry participants, it is important to establish a confidential management system and recruit key talents.

Development of downstream industries

Special biocides are used to kill and inhibit microbial growth and are widely used in many industries. Water treatment is one of the main uses of specialty biocides. Due to population growth and the rapid development of urbanization, the total amount of urban domestic water is also constantly increasing, which places high requirements on the recycling of wastewater. Growing demand for wastewater treatment is likely to increase demand for special biocides.

Increase in related research activities worldwide

With more and more research activities in biotechnology and chemical synthesis, research activities to promote global special biocide manufacturers are also increasing. Manufacturers are paying more and more attention to technological progress and becoming more aware of the safety of the products they manufacture, which has improved the performance and safety of new products. Product improvements and updates will facilitate the sale of special biocide products.

Region Overview:

In global comparison, a significant portion of the revenue was generated in North America (37.74% in 2022).

Company Overview:

Dow Chemical is one of the major players operating in the Specialty Biocides market, holding a share of 9.5% in 2023.

Dow Chemical

The Dow Chemical Company operates as a chemical company. The Company manufactures specialty chemicals, rubber, agro-science, and plastic materials. Dow Chemical serves the packaging, infrastructure, agricultural, and consumer care industries worldwide.

BASF

BASF SE is a chemical company. The Company operates in six segments, including chemicals, plastics, performance products, functional solutions, agricultural solutions, and oil and gas. BASF offers products for the chemical, automotive, construction, agriculture, oil, plastics, electrical, electronics, furniture, and paper industries, and provides a range of system solutions and services.

Segmentation Overview:

As for product types, the Nitrogen-based segment held the largest market share in 2022.

Application Overview:

By application, the Water Treatment segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Specialty Biocides market covered in Chapter 3:

Kemira
Solvay
Lubrizol
SUEZ Water Technologies & Solutions
BASF
Thor
Baker Hughes
Buckman Laboratories
Dalian Bio-Chem
Lanxess
Clariant
Dow Chemical
Nouryon
Lonza Group

In Chapter 4 and Chapter 14.2, on the basis of types, the Specialty Biocides market from 2018 to 2029 is primarily split into:

Nitrogen-based
Inorganic
Organosulfur
Halogenated
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Specialty Biocides market from 2018 to 2029 covers:

Water Treatment
Wood Preservation
Paints & Coatings
Personal Care
Disinfection
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)