Italy Biocides Market Size & Outlook, 2022-2030
Italy biocides market, 2018-2030 (US$M)
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Italy biocides market highlights
- The Italy biocides market generated a revenue of USD 225.2 million in 2022 and is expected to reach USD 287.1 million by 2030.
- The Italy market is expected to grow at a CAGR of 3.1% 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 225.2 million |
| Market revenue in 2030 | USD 287.1 million |
| Growth rate | 3.1% (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, Italy accounted for 2.6% 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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Italy 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 27.04% in 2022. Horizon Databook has segmented the Italy 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.
Italy was one of the worst hit countries due to COVID-19, with record fatalities of more than 34,000. Its impact on the already weakened economy of the country due to its austerity and failure in adaptation to globalization, is reported to be devastating.
Consequently, the product sales in the country are highly uncertain. Steady demand from water treatment and rising demand from the cleaning products still project potential for the market. Reports of support from the U.S., to rebuild the Italian economy also project growth to the biocides market in near future.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy biocides market , including forecasts for subscribers. This country databook contains high-level insights into Italy biocides market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy biocides market size, by product, 2018-2030 (US$M)
Italy Biocides Market Outlook Share, 2022 & 2030 (US$M)
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