Mexico Biocides Market Size & Outlook, 2022-2030
Mexico biocides market, 2018-2030 (US$M)
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Mexico biocides market highlights
- The Mexico biocides market generated a revenue of USD 258.3 million in 2022 and is expected to reach USD 362.1 million by 2030.
- The Mexico market is expected to grow at a CAGR of 4.3% 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 258.3 million |
| Market revenue in 2030 | USD 362.1 million |
| Growth rate | 4.3% (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, Mexico accounted for 3.0% of the global biocides market in 2022.
- Country-wise, France is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. biocides market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 362.1 million by 2030.
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Biocides Market Scope
Biocides Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico 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 27.84% in 2022. Horizon Databook has segmented the Mexico 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.
The biocides market in Mexico is expected to be driven by the water treatment application, paints & coatings and wood preservation. The Atotonilco wastewater treatment plant is one of the largest water treatment plant operating in Mexico Covid-19 pandemic has declined the product demand from the wood preservation and oil & gas applications.
Owing to restricted movements, industrial and construction shutdowns, measures imposed by the government to curb the virus spread. However, the same scenario has caused a sudden hike in cleaning products demand and this is likely to compensate the declined product sales to some extent.
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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 Mexico biocides market , including forecasts for subscribers. This country databook contains high-level insights into Mexico biocides market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico biocides market size, by product, 2018-2030 (US$M)
Mexico Biocides Market Outlook Share, 2022 & 2030 (US$M)
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