Argentina Biocides Market Size & Outlook, 2022-2030
Argentina biocides market, 2018-2030 (US$M)
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Argentina biocides market highlights
- The Argentina biocides market generated a revenue of USD 115.4 million in 2022 and is expected to reach USD 154.8 million by 2030.
- The Argentina market is expected to grow at a CAGR of 3.7% from 2023 to 2030.
- In terms of segment, halogen compounds was the largest revenue generating product in 2022.
- Quaternary Ammonium Compounds is the most lucrative product segment registering the fastest growth during the forecast period.
Biocides market data book summary
| Market revenue in 2022 | USD 115.4 million |
| Market revenue in 2030 | USD 154.8 million |
| Growth rate | 3.7% (CAGR from 2022 to 2030) |
| Largest segment | Halogen compounds |
| Fastest growing segment | Quaternary Ammonium Compounds |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Halogen Compounds, Metallic Compounds, Organosulfurs, Organic acids, Quaternary Ammonium Compounds, Phenolic, Nitrogen, Glutaraldehyde |
| Key market players worldwide | Neogen Corp, Albemarle Corp, The Lubrizol Corp, Basf SE, Solvay SA, Lanxess AG, Lonza Group Ltd |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.4% of the global biocides market in 2022.
- Country-wise, France is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil biocides market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 201.9 million by 2030.
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Biocides Market Scope
Biocides Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina biocides market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to biocides market will help companies and investors design strategic landscapes.
Halogen compounds was the largest segment with a revenue share of 28.08% in 2022. Horizon Databook has segmented the Argentina biocides market based on halogen compounds, metallic compounds, organosulfurs, organic acids, quaternary ammonium compounds, phenolic, nitrogen, glutaraldehyde covering the revenue growth of each sub-segment from 2018 to 2030.
Water treatment is one of the prominent consumers of biocides in Argentina. This is driven by the growing consumer and government focus towards hygiene and sanitation and the role of microorganisms in waterborne diseases.
Economic growth that fuelled the country’s construction activities has driven the product consumption for wood preservation. This scenario is not the same in 2020, during the COVID-19 pandemic, as the demand is likely to decline from applications such as wood preservation, oil & gas, HVAC and plastics.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina biocides market , including forecasts for subscribers. This country databook contains high-level insights into Argentina biocides market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina biocides market size, by product, 2018-2030 (US$M)
Argentina Biocides Market Outlook Share, 2022 & 2030 (US$M)
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