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Global biocides market size is expected to reach $17.23 Bn by 2028 at a rate of 7.1%, segmented as by type, oxidizing biocides, non-oxidizing biocides<br>
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Biocides Global Market Report 2023 Market Size, Trends and Global Forecast 2023-2032
Biocides Market Segments The Business Research Company segments it’s Biocides market report as: Oxidizing Biocides, Non-Oxidizing Biocides By Type Food Grade, Pharmaceutical Grade, Industrial or Technical Grade By Grade By End-User Agrochemicals, Food and Beverages, Water Treatment, Paints and Coatings, Wood Preservatives, Cleaning Agents, Other End Users
Market Statistics The biocides market size has grown strongly in recent years. It will grow from $12.31 billion in 2023 to $13.08 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The biocides market size is expected to see strong growth in the next few years. It will grow to $17.23 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. Click Here To Get A Sample Report
Key Market Drivers And Trends • Drivers An increase in the use of antimicrobial protection in end-use industries propels the growth of the biocide market. Trends Increasing demand for the food and beverage industry is expected to propel the growth of the biocides market going forward. • Region Asia-Pacific was the largest region in the biocides market in 2023. The regions covered in the biocides market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Market Players • Major players in the Biocides market are: • Chem Treat Inc. • The Dow Chemical Company • LANXESS AG • Thor Group Limited • BASF SE • And more. Get More Information On The Biocides Market Report
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