China Biocides Market Size & Outlook, 2022-2030
China biocides market, 2018-2030 (US$M)
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China biocides market highlights
- The China biocides market generated a revenue of USD 1,304.4 million in 2022 and is expected to reach USD 1,773.6 million by 2030.
- The China market is expected to grow at a CAGR of 3.9% from 2023 to 2030.
- In terms of segment, halogen compounds was the largest revenue generating product in 2022.
- Phenolic is the most lucrative product segment registering the fastest growth during the forecast period.
Biocides market data book summary
| Market revenue in 2022 | USD 1,304.4 million |
| Market revenue in 2030 | USD 1,773.6 million |
| Growth rate | 3.9% (CAGR from 2022 to 2030) |
| Largest segment | Halogen compounds |
| Fastest growing segment | Phenolic |
| 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, China accounted for 15.3% of the global biocides market in 2022.
- Country-wise, France is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China biocides market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,468.4 million by 2030.
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Biocides Market Scope
Biocides Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 28.56% in 2022. Horizon Databook has segmented the China 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.
China is one of the largest freshwater fish producers, and this projects lucrative growth opportunities to biocides in cleaning products. A larger of commodity chemicals such as sodium hypochlorite are expected to hinder the consumption of biocides in the country. Regulations for China are relatively less-stricter when compared to those of the UK and U.S.
Therefore, the country projects a wider scope of potential for all biocide products. Besides water treatment, cleaning products is another prominent consumer of biocides in the country, majorly driven by the accelerated disinfectant production.
The transitioned China has tighter regulations and higher labour wages when compared to earlier times. The influence is likely to be more impactful on small to medium sized market players with no strong hold.
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Target buyers of China 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 country-level data and insights on the China biocides market , including forecasts for subscribers. This country databook contains high-level insights into China biocides market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China biocides market size, by product, 2018-2030 (US$M)
China Biocides Market Outlook Share, 2022 & 2030 (US$M)
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