Germany Biocides Market Size & Outlook, 2022-2030
Germany biocides market, 2018-2030 (US$M)
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Germany biocides market highlights
- The Germany biocides market generated a revenue of USD 470.2 million in 2022 and is expected to reach USD 576.6 million by 2030.
- The Germany market is expected to grow at a CAGR of 2.6% 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 470.2 million |
| Market revenue in 2030 | USD 576.6 million |
| Growth rate | 2.6% (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, Germany accounted for 5.5% of the global biocides market in 2022.
- Country-wise, France is expected to lead the global market in terms of revenue in 2030.
- In Europe, France biocides market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 227.9 million by 2030.
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Biocides Market Scope
Biocides Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 27.05% in 2022. Horizon Databook has segmented the Germany 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.
Prominent consumption of biocides from the water treatment, paints & coatings and other applications such as wood preservation have driven the Germany biocides market. The country is home to paints & coatings manufacturers such as DAW SE, Beckers Group, and Brillux.
Some of top chemical leaders such as BASF SE, Bayer, Wacker Chemie AG and Evonik Industries AG have production operations in the country. Biocides to be marketed in Germany are regulated by the Biocide Notification Ordinance (ChemBiozidMeldeV) under the Chemicals Act (ChemG).
The COVID-19 pandemic that led to lockdown in the country for a significant period of time has resulted in economic repercussions, which however, are expected to bounce back, once the virus spread controlled.
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Our clientele includes a mix of biocides market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany biocides market , including forecasts for subscribers. This country databook contains high-level insights into Germany biocides market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany biocides market size, by product, 2018-2030 (US$M)
Germany Biocides Market Outlook Share, 2022 & 2030 (US$M)
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