Market revenue in 2022 | USD 2,443.7 million |
Market revenue in 2030 | USD 3,255.5 million |
Growth rate | 3.7% (CAGR from 2022 to 2030) |
Largest segment | Halogen compounds |
Fastest growing segment | Quaternary Ammonium Compounds |
Historical data covered | 2018 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 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 |
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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 27.55% in 2022. Horizon Databook has segmented the North America 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.
In the North America, constantly evolving regulations, research and developments across the manufacturers, formulators and end-users are affecting the biocides market. It is mostly driven by the U.S. markets of water treatment, paints & coatings and wood preservation.
COVID-19 that has significantly affected the construction activities, transportation and economic downturns, is expected to impact the product consumption negatively from the paints & coatings, wood preservation, oil & gas and HVAC.
However, a certain rise in the consumption can be witnessed from the cleaning products application owing to accelerated disinfectants, sanitizers and other cleaning products manufacturing.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America biocides market , including forecasts for subscribers. This continent databook contains high-level insights into North America biocides market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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