Growing Requirement for Water Treatment Boosts Biocides Industry

The biocides market is projected to rise in the near future, driven by the growing requirement for water treatment and the surge in the usage of biocidal products such as petrochemicals, homecare products, personal care, paintings, and coatings.

Biocidal products can be defined as the active substances for destroying, rendering harmless, deterring, or forces a controlling effect on harmful organisms by chemical or biological mediums. These products act as preservatives disinfectants, or pesticides, depending on their characteristics.

The halogenates are projected to generate the highest sales revenue in the biocides market, ascribed to the burgeoning requirement for water treatment. In addition, under the application segment, water treatment captures the largest share of the biocide’s industrial revenue, ascribed to the high demand for water treatment and potable water for both residential and industrial applications. It is projected to showcase significant sales in the coming years.

The growing demand for biocides for the preservation of varying types of consumer products, such as healthcare products, homecare, and water treatment for both residential and industrial purposes boost the market. Besides water treatment, biocidal products are widely used for equipment disinfection in the production, transportation, and storage of water.

The advent of novel production technologies, along with the R&D for next-generation biocidal product development is projected to generate alluring opportunities for companies to enter the biocides industry. In addition, the research activities are directly connected to the industrial growth led by laboratory-scale production of eco-friendly biocides utilizing green chemistry in product design.

Therefore, the growing demand for water treatment leads to extensive consumption of the biocides and bolsters the industry's growth.