Biocides Market Size in North America 2020-2026 | Industry Growth Report

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North America Biocides Market to Surpass 6 Bn by
2026 Graphical Research
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North American Biocides Market size is
anticipated to exceed USD 6 billion by 2026,
according to a latest forecast report by
Graphical Research. Rise in the use of water
treatment chemicals in industrial and commercial
plants has also for controlling the
microorganisms in water and processing equipment
will accelerate the market expansion. Further,
use of biocides in food and personal care
products owing to its antimicrobial properties
should trigger the biocides market growth in
North America.   The phenolic segment is
estimated to observe a growth rate of 6 between
2020 to 2026. Phenolic mainly refers to Phenol.
Phenols are used in various household products
and as intermediate in industrial applications.
In low concentration, it is used as a cleaner and
antiseptic.   Phenolic biocides are used in
products like antiseptics, disinfectants,
surgical scrubs, and cosmetics. Phenolic
derivative chemicals are effective against
bacteria and fungi in acidic form. Utilization on
antiseptics and disinfectants in medical and
healthcare industry has increased, owing to
increase in the number of preventive measures for
controlling infections from bacterial and fungi.
Further, expansion of healthcare facilities in
North America has driven the demand for
disinfectants and antiseptics in healthcare
sector. The paints and coatings segment in the
application category is predicted to grow at 5
CAGR through 2026. Paint and coating manufactures
use a variety of antimicrobial additives for
preventing bacteria and fungi to grow on paints.
Growth of fungi can lead to cracking of paint,
loss of paint adhesion, and decay paint.
Moreover, growth of bacteria and fungi may lead
to illness and damage to materials. Biocides are
used in paints and coatings applications due to
antimicrobial efficacy and long-term protection
offered by biocides.
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The personal care segment, in terms of
application, accounted for a North American
biocides market share of 15 in 2019. Biocides
are used in personal care products as these are
effective against a wide range of microorganisms.
Biocides help in adding antimicrobial properties
to the cosmetics and personal care products,
which is a key advantage of biocides.   The
demand for products with antimicrobial properties
has increased, owing to growing consumer
awareness. Moreover, growing consumer spending on
cosmetics and personal care products and changing
lifestyle has also propelled the demand for
products that offer protection against
microorganisms such as bacteria and fungi. This
rise has bolstered the consumption of biocides in
personal care products, which has stimulated the
market growth.   Use of products with
antimicrobial properties in applications like
water treatment, food and beverage, personal
care, and oil and gas has been a key growth
stimulating factor for the biocides industry.
Increase number of the water treatment facilities
in U.S. and Canada should trigger the use of
disinfectants, phenolics, and halogen compounds.
Moreover, growth in the food and beverage
industry has also fueled the use of antibiotics,
antibacterials, and germicides.   Major players
in the market include DuPont, Cortec Corporation,
Valtris Speciality Chemicals, Dow Chemical
Company, GE Water and Process Technologies,
Clariant AG, Buckam Laboratories International,
Sigma Aldrich Corporation, Lonza, and AkzoNobel.
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Segmentation of North America Biocides
Market  North America Market, By
Application Food beverage Water treatment Wood
preservation HVAC Oil Gas Others North America
Market, By Product Metallic Compounds Halogen
Compounds Organic Acid Phenolic Others The above
information has been provided for the following
countries North America U.S. Canada Mexico
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