Market Size of Europe Biocides Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 4.50 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Europe Biocides Market Analysis
The biocides market in Europe is projected to register a CAGR of over 4.5% during the forecast period.
During the COVID-19 pandemic, the European biocides market grew significantly. The necessity for disinfectants and sanitizers to prevent virus spread has boosted the need for biocides. Biocides are projected to remain in high demand in the post-COVID-19 period as people become more conscious of the importance of hygiene and sanitation.
- Over the short term, high demand from various end-user industries such as water treatment, food and beverage, healthcare, and personal care will boost the market expansion.
- However, the government's strict rules restricting the use of biocides are anticipated to slow the market's expansion.
- Nevertheless, the need for natural, plant-derived eco-friendly biocides will fuel market expansion in the future.
- Germany is expected to dominate the market and will likely witness the highest CAGR during the forecast period.
Europe Biocides Industry Segmentation
Biocides are chemical substances used to control or destroy living organisms. They are used in various applications, including disinfectants, antiseptics, pesticides, and preservatives. Biocides are typically used to prevent or eliminate bacteria, fungi, viruses, and other microorganisms. They can also control insects, rodents, and other pests. Biocides are often used in the food industry to prevent spoilage and contamination. Europe's biocides market is segmented into type, application, and geography. The market is segmented by types: halogen compounds, metallic compounds, organosulfurs, organic acids, phenolics, and other classes. By application, the market is segmented into water treatment, pharmaceutical and personal care, wood preservation, food and beverage, paints and coatings, and other applications. The report covers the market size and forecast for the biocides market in four countries across the European region. For each segment, the market sizing and forecasts for biocides have been done on the basis of value (USD Million).
| Type | |
| Halogen Compounds | |
| Metallic Compounds | |
| Organosulfurs | |
| Organic Acids | |
| Phenolics | |
| Other Types |
| Application | |
| Water Treatment | |
| Pharmaceutical and Personal Care | |
| Wood Preservation | |
| Food and Beverage | |
| Paints and Coatings | |
| Other Applications |
| Geography | |
| Germany | |
| United Kingdom | |
| France | |
| Italy | |
| Rest of Europe |
Europe Biocides Market Size Summary
The European biocides market is experiencing a robust growth trajectory, driven by heightened awareness of hygiene and sanitation, particularly in the wake of the COVID-19 pandemic. The demand for biocides is bolstered by their critical role in various end-user industries such as water treatment, food and beverage, healthcare, and personal care. Despite the positive growth outlook, the market faces challenges from stringent governmental regulations that restrict biocide usage. However, the increasing preference for natural and eco-friendly biocide alternatives is expected to propel market expansion. Germany is poised to lead the market, benefiting from its advanced wastewater treatment infrastructure and regulatory frameworks that support biocide application.
The biocides market in Europe is characterized by a consolidated landscape with major players like BASF SE, Clariant, and Dow Chemical Company holding significant market shares. These companies are actively engaging in strategic initiatives, such as partnerships and acquisitions, to enhance their market positions and expand their product offerings. The German market, in particular, is set to experience steady growth due to its stringent safety regulations and government incentives aimed at promoting biocide use. The focus on safeguarding human, animal, and environmental health continues to drive demand, with investments in biocide-related initiatives expected to support market growth over the forecast period.
Europe Biocides Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.1.1 Increasing Demand for Water Treatment
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1.1.2 Other drivers
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1.2 Restraints
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1.2.1 Government Regulations
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1.2.2 Other Restraints
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1.3 Industry Value-Chain Analysis
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Degree of Competition
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2. MARKET SEGMENTATION (Market Size in Value)
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2.1 Type
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2.1.1 Halogen Compounds
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2.1.2 Metallic Compounds
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2.1.3 Organosulfurs
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2.1.4 Organic Acids
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2.1.5 Phenolics
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2.1.6 Other Types
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2.2 Application
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2.2.1 Water Treatment
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2.2.2 Pharmaceutical and Personal Care
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2.2.3 Wood Preservation
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2.2.4 Food and Beverage
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2.2.5 Paints and Coatings
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2.2.6 Other Applications
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2.3 Geography
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2.3.1 Germany
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2.3.2 United Kingdom
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2.3.3 France
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2.3.4 Italy
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2.3.5 Rest of Europe
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Europe Biocides Market Size FAQs
What is the current Europe Biocides Market size?
The Europe Biocides Market is projected to register a CAGR of greater than 4.5% during the forecast period (2024-2029)
Who are the key players in Europe Biocides Market?
BASF SE, Dow Chemical Company, Henkel AG & Co KGaA, Evonik Industries AG and Lonza Group Ltd are the major companies operating in the Europe Biocides Market.
