Published Date: 2022-01-13
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European Biocides Market size is poised to surpass USD 3.5 billion by 2027, according to a latest forecast report by Graphical Research.
The rising importance of managing quality and product lifespan mainly in packaged and RTE food has led to an increase in biocides demand in food, food processing areas, and packaging to decrease risks from food pathogens. Favorable regulatory norms pertaining to EFSA approval for biocides in food contact materials are likely to fuel the market demand.
The halogen compounds segment is estimated to record over 4% CAGR during the forecast period. Rise in the use of halogen-based biocides in water treatment facilities for avoiding microbial growth in cooling towers, pipes, and tanks will trigger the market growth.
Metal biocides are used as disinfectants for preventing the colonization of biofouling organisms on metal surfaces. The growing demand for paints and coatings from various industries including automotive, construction, and textile is likely to proliferate the use of metal containing biocides, which should trigger the market revenue.
The rising demand for acidulants and preservatives in the food & beverage industry for extending product shelf life and maintaining product quality is expected to drive the use of organic acids in the industry as biocides. Further, organic acids are used for pest control applications as these are effective against a broad spectrum of microorganisms.
Browse detailed statistical insights from the report, “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” along with the table of contents (ToC) @
https://www.graphicalresearch.com/industry-insights/2038/europe-biocides-market
The paints & coatings application segment dominated around USD 245 million revenue in 2020. The rapid pace of industrial and infrastructural developments along with renovation projects owing to high investments has led to a rise in the paints & coating demand. The increasing demand for high-quality infrastructures has resulted in the need for decorative and protective coating and paints to increase the lifespan of several buildings.
The presence of a strong distribution network including supermarkets, hypermarket, grocery stores, online stores, and other retail outlets making food products easily available has led to a surge in the demand for food & beverages. Small-scale and large-scale manufacturing industries are engaged in enhancing their product portfolio through innovations supported by strategic alliances such as acquisitions and mergers, thus propelling the market growth
The water treatment application segment in the UK biocides industry will reach USD 195 million by 2027 due to increasing population in the UK which results into rising demand of fresh water. Water treatment chemicals such as biocides, disinfectants are used to make water fit for domestic and industrial use. Growth in industrial water treatment plants along with cooling towers and other water systems will stimulate the market demand.
The biocides in European market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kilotons & revenue in USD Million from 2016 to 2027 for the following segments:
Europe Market, By Application
Europe Market, By Product
The above information has been provided for the following countries:
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