India Biocides Market Size & Outlook, 2022-2030
India biocides market, 2018-2030 (US$M)
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India biocides market highlights
- The India biocides market generated a revenue of USD 624.8 million in 2022 and is expected to reach USD 1,468.4 million by 2030.
- The India market is expected to grow at a CAGR of 11.3% from 2023 to 2030.
- In terms of segment, organosulfurs 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 624.8 million |
| Market revenue in 2030 | USD 1,468.4 million |
| Growth rate | 11.3% (CAGR from 2022 to 2030) |
| Largest segment | Organosulfurs |
| 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, India accounted for 7.3% 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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India 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 46.19% in 2022. Horizon Databook has segmented the India 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.
India has the dominant product demands for water treatment and cleaning products, supported by its large population and growing health and hygiene related awareness. Rapid growth in construction sector has supported to consumption from paints & coatings and wood preservation applications.
Applications such as antifoulant marine coatings, paints & coatings and metalworking fluids project lucrative growth opportunities to the biocides market. Biocides products such as nitrogen based organosulfur based among others are used prominently for their cost-effectiveness and promising results.
India is the headquarter of one of the prominent global biocide player Melzer Chemicals, that provides novel products for diversified applications. The widespread impact of COVID-19 in the country has spiked the production of cleaning products exponentially.
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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 India biocides market , including forecasts for subscribers. This country databook contains high-level insights into India biocides market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India biocides market size, by product, 2018-2030 (US$M)
India Biocides Market Outlook Share, 2022 & 2030 (US$M)
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