USD 2.23 Billion
Global Halogen Biocides Market Size, Share, Growth Analysis, By Type(Chlorine-based Biocides, Bromine-based Biocides), By Application(Water Treatment, Healthcare), By Formulations(Liquids, Solids) - Industry Forecast 2024-2031
Report ID:
SQMIG15E2387 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
94 |
Figures:
76
Global Halogen Biocides Market Insights
Global Halogen Biocides Market size was valued at USD 2.23 Billion in 2022 and is poised to grow from USD 2.35 Billion in 2023 to USD 3.62 Billion by 2031, growing at a CAGR of 5.52% in the forecast period (2024-2031).
In recent years, the global Halogen Biocides market has been changing consumer preferences and demands for healthier snacking options. The market has shown resilience, with steady growth, due to the perception of fruit snacks as a convenient and relatively healthy choice. Consumers are becoming more health-conscious and are seeking snacks that are low in calories, free from artificial additives, and made from real fruit ingredients. This health-driven trend is expected to continue shaping the industry.
Additionally, companies operating in the fruit snacks sector are investing in product innovation. They are introducing organic, non-GMO, and clean-label fruit snacks to meet the demands of health-conscious consumers. New flavor variations and packaging options are also being explored to appeal to a broader consumer base.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Chlorine-based Biocides
Fastest Growth
Bromine-based Biocides
Growth Rate
5.52% CAGR
Global Halogen Biocides Market ($ Bn)
Country Share for North America Region (%)
Global Halogen Biocides Market By Type of Halogen Biocide ($ Bn)
Global Halogen Biocides Market By Type of Halogen Biocide (%)
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Global Halogen Biocides Market Segmental Analysis
The global halogen biocides market is segmented into four major segments i.e. by type, application, formulations, and region. Based on the type, it is divided into chlorine-based biocides, bromine-based biocides, iodine-based biocides, and others. Based on the application areas, it is bifurcated as water treatment, healthcare, agriculture, oil and gas, paints and coatings, and others. Based on formulations it is segregated into liquids, solids, and gases. Based on region, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Analysis by Type
Chlorine-based biocides have typically held a substantial market due to the shared water treatment applications. Moreover, chlorine is known for its broad-spectrum antimicrobial properties, making it effective against a wide range of microorganisms. Its long standing use, proven efficacy, and cost-effectiveness contribute to its dominance.
Due to their effectiveness in various applications including water treatment and oil & gas industries, bromine-based biocides are positioned for growth. Bromine compounds often serve as alternatives to chlorine, and they are gaining popularity for their ability to provide microbial control in diverse environments.
Analysis by Application
Water treatment has long dominated the global halogen biocides market due to its outstanding and well-established role in water disinfection and purification processes. The demand for clean and safe water, driven by the increasing global population and stringent water quality standards, positions water treatment as a primary and consistent application area for halogen biocides.
Agriculture is the market’s fastest-growing application area for halogen biocides. The need for effective biocides in crop protection, irrigation systems, and post-harvest storage is increasing. Halogen biocides can help control microbial growth and protect crops from diseases, contributing to enhanced agricultural productivity.
Global Halogen Biocides Market By Application, 2023 (%)
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Global Halogen Biocides Market Regional Insights
North America has historically dominated the halogen biocides market due to the stringent regulatory standards. The regions including the United States and Canada, driving the demand for effective water treatment solutions. Additionally, established industrial sectors, including healthcare, oil & gas, and agriculture, contribute to a sustained and significant market presence for halogen biocides.
The Asia-Pacific region is anticipated to be the fastest-growing market due to the rapid industrialization, population growth, and increasing awareness of water quality and safety. Fruit snacks align with this trend. As countries in the region undergo extensive urbanization and infrastructure development, there is a rising demand for water treatment solutions, healthcare disinfection, and effective biocides in agriculture.
Global Halogen Biocides Market By Region, 2024-2031
- Largest
- Fastest
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Global Halogen Biocides Market Dynamics
Drivers
Increasing Awareness and Emphasis on Water Quality Across Various Industries
- The increasing awareness and emphasis on water quality across various industries, including water treatment and healthcare. Halogen biocides, such as chlorine and bromine compounds, play a pivotal role in disinfection processes, addressing microbial contamination and ensuring the safety of water supplies. Additionally, the expanding global population and urbanization drive the demand for effective biocides in maintaining hygiene standards, particularly in densely populated urban areas.
Restraints
Increasing Environmental Concerns Associated with Certain Halogen Compounds
- One of the main market restraints is the environmental concerns associated with certain halogen compounds. The use of chlorine and bromine-based biocides may raise apprehensions due to their potential environmental impact, prompting a shift towards eco-friendly alternatives. Additionally, regulatory compliance poses a constraint, as adherence to stringent standards can entail complex processes and elevated costs for manufacturers. The volatility in raw material prices, particularly in the production of bromine compounds, also introduces economic uncertainties.
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Global Halogen Biocides Market Competitive Landscape
The competitive environment of the halogen biocides market is dynamic and characterized by intense rivalry among key players vying for market share and technological leadership. Companies often engage in strategic collaborations and acquisitions to enhance their market position and expand their offerings. In addition to major players, the market features the emergence of smaller, innovative companies specializing in niche applications or developing eco-friendly halogen biocides.
Top Player’s Company Profiles
- Lanxess AG (Germany)
- BASF SE (Germany)
- Dow Inc. (United States)
- Baker Hughes Inc. (United States)
- Akcros Chemicals (United Kingdom)
- BWA Water Additives (United Kingdom)
- Albemarle Corporation (United States)
- DuPont de Nemours, Inc. (United States)
- Sigma-Aldrich (Merck) (Germany)
- Ashland Global Holdings Inc. (United States)
- Ecolab Inc. (United States)
- Solvay SA (Belgium)
- Clariant AG (Switzerland)
- Arxada AG (Switzerland)
- Nouryon (Netherlands)
- Veolia Group (France)
- General Electric Company (United States)
- Evonik Industries AG (Germany)
- Biolab Sanitaire (France)
- Tri-Chem Industries, Inc. (United States)
Recent Developments
- In June 2023, Specialty chemicals firm LANXESS anticipates that the second-quarter 2023 EBITDA pre-exceptionals will fall below the market's average expectations. Consequently, the company is revising its outlook for the full year 2023 downward.
- In May 2023, Dow (NYSE: DOW) announced the preliminary outcomes of its 2023 Annual Meeting of Stockholders. Newly elected directors for one-year terms include Samuel R. Allen, Gaurdie E. Banister Jr., Wesley G. Bush, Richard K. Davis, Jerri DeVard, Debra L. Dial, Jeff M. Fettig, Jim Fitterling, Jacqueline C. Hinman, Luis Alberto Moreno, Jill S. Wyant, and Daniel W. Yohannes.
Global Halogen Biocides Key Market Trends
Rising Integration of Advanced Technologies, Such as Smart Delivery Systems
- The increasing emphasis on eco-friendly alternatives, driven by growing environmental awareness and regulatory pressures. Companies are investing in the development of biocides with lower environmental impact to address concerns associated with traditional halogen compounds. Additionally, there is a notable shift towards sustainable sourcing practices for raw materials, aligning with broader industry efforts toward responsible and ethical manufacturing.
Global Halogen Biocides Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
The global halogen biocides market analysis reveals a dynamic marketplace with a number of standout trends and difficulties. The market is propelled by increasing awareness of water quality, driving demand in water treatment and healthcare sectors. Chlorine and bromine-based biocides dominate, ensuring microbial control. However, environmental concerns and stringent regulations act as restraints, fostering a shift towards eco-friendly alternatives. Regional analysis reveals North America's dominance due to stringent regulations, while the Asia-Pacific region emerges as the fastest-growing market, driven by population growth and industrialization. Key trends include a focus on sustainability, technological advancements, and ongoing research for innovative formulations to address microbial challenges across diverse industries.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 2.23 Billion |
| Market size value in 2031 | USD 3.62 Billion |
| Growth Rate | 5.52% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Halogen Biocides Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Halogen Biocides Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Halogen Biocides Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Halogen Biocides Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Halogen Biocides Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Halogen Biocides Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Halogen Biocides Market Report Snapshots
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