Biocides are chemicals or microorganisms that destroy, control, or prevent the effects of harmful organisms such as bacteria, mold, insects, algae, and rodents. Biocides includes a broad range of products including insecticides, disinfectants, pesticides, and preservatives.
Some commonly used biocides are chloroisocyanurates, iodophors, sodium bromide, copper azole, chromated copper arsenate, oxybisphenoxarsine, isothiazolones, quaternary ammonium compounds, triclosan, pentachlorophenol, sorbates, benzoic acid, and glutaraldehyde.
Biocides have a wide range of applications including healthcare, food industry, animal husbandry, and water treatment among others.
Biocides are used in paint and coatings industry to reduce its microbial spoilage. Growing paint and coatings industries is driving growth of global biocides market. According to Coherent Market Insights, global paint and coatings market is estimated to reach US$ 235 billion by 2025.
Biocides protect wood from fungi, insects, termites, ants, and other microbes that damage wood. According to a study by Coherent Market Insights, global wood preservatives market is estimated to surpass US$ 2.07 billion by 2025. This growing demand for wood preservatives is fuelling growth of the global biocides market.
Stringent regulations by regulatory authorities such as U.S. Environment Protection Agency (EPA) and European Union is hindering growth of the global biocides market. For instance, EU Biocides Regulation 528/2012 provides authorization based on toxicity to human health and environment for use of biocidal products in European Union. In March 2018, South Korea's Ministry of Environment (MoE) announced introduction of new biocides law – K-BPR – which will be enforced from January 2019.
Biocides Market Outlook
Business Strategies and Key Players
Global Biocides market is segmented into:
By Product Type
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