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    Europe Biocides Market Forecast 2027 By Application (Water Treatment, Food & Beverage, Personal Care, Wood Preservation, Paints & Coatings, HVAC, Boilers, Oil and Gas and Fuels) By Product (Halogen Compounds, Metallic Compounds, Organosulfurs, Organic Acids, Phenolic, Nitrogen), Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share
    Published Date: January 2022   |   Report ID: GR2038   |   Delivery: PDF  Request Free Sample

    Europe Biocides Market size crossed USD 2.55 billion in 2020 and is projected to exhibit a CAGR of 4.5% between 2021 and 2027.

    Europe Biocides Market

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    Biocides are widely used in agriculture, forestry, medicine, and anti-fouling agents & disinfectants. Biocides are used as herbicides, fungicides, insecticides, algicides, germicides, antibiotics, and many more. Changing consumer dietary patterns due to hectic lifestyle has led to increase in demand for convenience food. This factor has increased the demand for antimicrobial agents in packaged food to increase food quality and shelf life.

    Europe Market, By Product

    The phenolic segment accounted for USD 350 million revenue in 2020 and will showcase 5.5% growth rate during the forecast timeframe. Phenolic biocides have a broad spectrum of activity against both fungi and bacteria, moreover, they are more active at neutral and acid pH.

    Phenolic biocide are inexpensive biocides used in wide range of applications such as metalworking, disinfectants, antiseptics, surgical scrubs, toilet soaps and cosmetics. Increasing consumer awareness regarding personal hygiene and oral care along with rising demand for high quality and longer shelf-life products may favor industry growth. Phenolic biocides are also used to disinfect hospital and veterinary equipment.

    Demand for organosulfur-based biocides market in Europe is set to grow substantially through 2027, owing to its properties such as non-oxidizing, chlorine-free, compatible with a wide range of chemicals used in water treatment, ability to operate over a wide pH range and good erosion resistance. Moreover, the ability of organosulfur-based biocides to control biofouling should facilitate its usage in different applications including water treatment, evaporative recirculating water systems and cooling towers in industries.

    Europe Biocides Market, By Application

    The wood preservation application segment revenue of biocides is estimated to surpass USD 295 million in 2027. Increasing usage of wood for manufacturing aesthetically pleasing furniture products coupled with the increasing number of construction and infrastructural development activities in the UK is likely to further boost growth of the market.

    Growing concerns regarding the consumption of contaminated drinking water and discharge of harmful industrial effluents in the environment is likely to raise the demand for biocides from wastewater treatment applications. Moreover, the increasing prevalence of digestive disorders caused due to the consumption of contaminated food products should further trigger the market demand in the region.

    Competitive Industry Landscape

    Major players in the Europe Biocides market include Lonza, The Lubrizol corporation, BASF SE, Solvay SA, Lanxess AG, Dupont, and Clariant AG.

    Companies are focusing on new product launches, agreement, and acquisition to expand their product portfolio and customer base. On March 30, 2021, BASF and AgBiome have signed an agreement to bring a new biological fungicide to the market in Europe, and key countries in the Middle East and Africa. This collaboration will broaden BASF’s BioSolutions portfolio, especially in Europe.

    Frequently Asked Question(FAQ) :

    What is the size of Europe biocides market?
    The market size for biocides in Europe had surpassed USD 2.55 billion in 2020 and will observe a CAGR of 4.5% through 2027 with the increasing product demand agriculture, forestry, medicine, and anti-fouling agents & disinfectants.
    Why is phenolic biocides sector growing significantly across Europe?
    Phenolic segment will register a CAGR of 5.5% through 2027 as these biocides have a broad spectrum of activity against both fungi and bacteria.
    Why is Europe biocides industry recording substantial growth from wood preservation application?
    Wood preservation application segment had recorded valuation of over USD 295 million by 2027 with the increasing usage of wood for manufacturing aesthetically pleasing furniture products.
    Which are the major companies active in Europe biocides landscape?
    Major players operating in the market include Lonza, The Lubrizol corporation, BASF SE, Solvay SA, Lanxess AG, Dupont, and Clariant AG.

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