Asia Pacific Biocides Market Size & Outlook, 2022-2030
Asia Pacific biocides market, 2018-2030 (US$M)
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Asia Pacific biocides market highlights
- The Asia Pacific biocides market generated a revenue of USD 3,113.5 million in 2022.
- The market is expected to grow at a CAGR of 5.4% from 2023 to 2030.
- In terms of segment, organosulfurs was the largest revenue generating product in 2022.
- Phenolic is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 3,113.5 million |
| Market revenue in 2030 | USD 4,725.9 million |
| Growth rate | 5.4% (CAGR from 2022 to 2030) |
| Largest segment | Organosulfurs |
| Fastest growing segment | Phenolic |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, Asia Pacific region accounted for 36.5% of the global biocides market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,725.9 million by 2030.
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Biocides Market Scope
Biocides Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific 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.
Organosulfurs was the largest segment with a revenue share of 33.27% in 2022. Horizon Databook has segmented the Asia Pacific 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 expected to be prominent consumer of the product, followed by cleaning products. Consumption in cleaning products is highly benefitted from the heightened disinfectant production, especially during the COVID-19 pandemic.
Pulp & paper is expected to witness a rise in demand for biocides supported by the growing high-end paper production, extensive recycling and tighter regulations regarding the effluent discharges from pulp & paper industry.
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Target buyers of Asia Pacific biocides market databook
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Our clientele includes a mix of biocides market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific biocides market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific biocides market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific biocides market size, by country, 2018-2030 (US$M)
Asia Pacific Biocides Market Outlook Share, 2022 & 2030 (US$M)
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