Among the most basic requirements for human beings is the need for water, without which the life as we know it wouldn’t exist. At the present time, there are water treatment plants for the provision of clean water, since most of the sources of drinkable water have been contaminated due to industrial waste. Even without the industrial waste, water from any source, including lakes, rivers, or groundwater, has the potential for some level of contamination. Water treatment does the same by ensuring the removal of any micro-organisms, primarily bacteria, from the water, thereby making it safe for drinking and other purposes.
A major chemical which is used in water treatment plants is a biocide, which effectively controls microbial growth. Biocides are used to kill or control the effect of any harmful organism by biological or chemical means. Thus, due to the surging demand for water treatment, the requirement for biocides is increasing as well. According to a P&S Intelligence report, biocide sales stood at 1,062.3 kilotons in 2018 and are predicted to reach 1,376.6 kilotons by 2024. The global biocides market is further projected to advance at a 4.4% CAGR during the forecast period (2019–2024).
There are different types of biocides such as phenolic, nitrogenous, organic acid, organosulfur, metallic, and halogenated. Attributed to the extensive utilization of bromine and chlorine products in water treatment applications and usage of iodine in water treatment applications, the demand for halogenated biocides was the highest in 2018. In addition to this, the rapidly increasing need for treated water for both industrial and residential purposes, as mentioned above, is expected to result in the growing demand for halogenated biocides in the coming years.
Apart from water treatment, biocides also have applications in household, industrial, & institutional cleaning, human hygiene, and preservation of pharmaceuticals, wood, oil & gas, paints & coatings, and food & beverages. The demand for biocides in consumer products is also growing rapidly, which is positively impacting the biocides market. They are increasingly being utilized in cosmetics, household cleaning products, wipes, disinfectants, curtains, and furniture for preventing or eliminating microbial growth. The growing requirement for these consumer products, owing to the rising disposable income of people across different countries, is also contributing significantly to the increasing demand for biocides.
Ascribed to the surging need for treated water for residential and industrial applications in countries such as India, China, and Southeast Asian countries, the Asia-Pacific region has been creating considerable demand for biocides. The industrial of countries in APAC is growing rapidly because of strong economic growth, which is why the demand for treated water is rising as well. Furthermore, research activities are increasing in the field for the development of laboratory and industrial scale production of eco-friendly biocides by integrating green chemistry into product design. These products are expected to be in high demand in the coming years due to rising environmental concerns.
To receive free sample pages of this report@ https://www.psmarketresearch.com/market-analysis/biocides-market/report-sample