The water treatment biocides market accounted for US$ 3,723.67 million in 2019, and it is expected to grow at a CAGR of 5.7% from 2020 to 2027, to reach US$ 5,754.43 million by 2027.
Water treatment biocides are mostly utilized to control microbial growth in water bodies. The increasing usage of water treatment biocides in various applications such as oil & gas, power plants, mining, pulp & paper, municipal water treatment, swimming pools, and among others, is expected to drive the market growth. Complications occurred owing to uncontrolled microbial growth, which can range from the breakdown of chemicals, health hazards, the development of biofilms, heat transfer losses, restriction of flow & deposit corrosion. Consequently, the increasing awareness of the applications of water treatment bodies have created an upsurge in the global market.
The studied market in the North American region is expected to grow at the highest CAGR of 5.9% during the forecast period. The growth of the water treatment biocides market in this region is mainly attributed to the huge and easy availability of raw materials required to produce water treatment biocides. The expansion of the industrial sector in North America has led to an increase in the contamination of water bodies with the chemical toxins and effluents deposited in these water bodies. The USDFA has approved the application of biocides in the water treatment for various applications such as municipal water treatment, oil and gas, power plants, pulp and paper, mining, swimming pools, and others. The current expansion of the industrial sector, especially crude oil and other oil and gas plants, has further propelled the water treatment biocides market in the North American region. The growing tariffs on Chinese chemical imports into the United States have the possibility to negate the low-cost advantage enjoyed by US chemical producers. The growing applications, such as municipal water treatment, oil and gas, power plants, pulp and paper, mining, swimming pools, and others, have favored the water treatment biocides market in North America. With the increasing applications of water treatment biocides and developments and innovations in the water treatment applications, the water treatment biocides market is estimated to be flourishing in the North American region in the coming years.
Impact of COVID-19 on Water Treatment Biocides Market
As of July 2021, the US, India, Brazil, Russia, Spain, France, the UK, Turkey, and Italy, are some of the worst affected countries in terms of confirmed cases and reported deaths. The COVID-19 is affecting economies and several industries in different countries due to lockdowns, travel bans, and business shutdowns. The shutdown of various manufacturing plants and factories has also been affected the global supply chains also negatively impacted the manufacturing, delivery schedules, and sales of goods in the global market. In addition, the global travel bans further imposed by countries in Europe, Asia-Pacific, and North America are also affecting business collaborations as well as partnership opportunities.
Due to the Covid-19 pandemic, the chemicals and materials industry is also facing huge losses, which is further impacting the world economy. It has further disrupted the transportation system and disrupted the supply of raw materials. The disruptive value chain has had a negative impact on the raw material supply, which, in turn, is impacting the growth of the stevia market. However, as the economies are planning to revive their operations, the demand for water treatment biocides is presumed to rise from the end-user industries. In addition, chemical and material producing companies are also taking some safety measures to fight the coronavirus, which include limiting direct contact with delivery persons & visitors, strengthening & communicating proper hygiene practices, and conducting complete sanitations & eliminating personnel contact during shift changes. With all these factors, it can be presumed that in post-pandemic times, the demand for these products will take a hike.
Global Water Treatment Biocides Market
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Market Insights
Surging Demand of Water Treatment Biocides in North America
North America is anticipated to be the largest share of the water treatment biocides market over the forecast period. The presence of prominent manufacturers, such as DuPont, Ecolab Inc., Solenis, also Albemarle Corporation (US), in this region has had a positive impact on the market. Due to the aging of the existing water as well as wastewater treatment units in the US, the US Environmental Protection Agency (USEPA) is mainly emphasizing the improvement of water & sewage services, especially in municipal wastewater treatment. The rise in demand from the water treatment segment, along with the increasing demand from the reviving construction industry, are likely to drive the market for water treatment biocides in North America. Different developed countries in this region have extremely stringent safety norms which must be followed by the citizens. North America is further presumed to be the largest region for water treatment biocides owing to the presence of several manufacturers in the region specializing in nearly every industry, such as food & beverages, water purification, and painting and coating, all of which are the largest consumers of biocides. Also, increasing oil & gas production in North America is another prime factor driving this application segment's market. The country’s strong state-level and national-level municipal regulations are further generating a positive impact on the market.
Product Type Insights
Based on product type, the global water treatment biocides market is segmented into oxidizing biocides and nonoxidizing biocides. The oxidizing biocides segment led the water treatment biocides market with the highest market share in 2019. An oxidizing agent like chlorine pulls electrons in; meanwhile, the bacteria it is attacking loses electrons. This loss of electrons further causes the organism to die or at least prevent it from continuing its growth cycle. Oxidizing biocides can also be fed continuously or intermittently. Continuous feeding of an oxidizing biocide is often recommended for a system that has little to no existing microbiological contamination. If a continuous dose is fed also managed correctly, it will require the least amount of maintenance also to be the safest form of treatment. There are variances based upon how an oxidizing biocide is included in the water, how it will react with water, how it reacts with different compounds found in the water, its stability, their ability to penetrate biofilms, their oxidizing power, and their effectiveness.
Global Water Treatment Biocides Market, by Product Type– 2019 and 2027
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Application Insights
The water treatment biocides market, based on application, is segmented into municipal water treatment, Oil & Gas, power plants, pulp and paper, mining, swimming pools, and others. The oil & gas segment held the largest share of the global water treatment biocides market in 2019. There are several biocides that are utilized in the oil and gas industry. Acrolein is a highly reactive molecule that is employed to perform several different functions in the oil field. It is also an effective biocide at low utilization concentrations and will further reduce hydrogen sulfide concentrations. It is again used in squeeze treatments mainly to aid in the dissolution of iron sulfide. Bronopol is known as a halogenated diol that also contains an electrophilic carbon atom. It is employed primarily in fluid preservation applications, highly notable in the preservation of fracturing fluids or other fluids which are neutral to slightly basic in pH. Bronopol is effective against Pseudomonas bacteria.
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Water Treatment Biocides Market: Strategic Insights
Market Size Value in US$ 3,723.67 Million in 2019 Market Size Value by US$ 5,754.43 Million by 2027 Growth rate CAGR of 5.7% from 2020-2027 Forecast Period 2020-2027 Base Year 2020
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Water Treatment Biocides Market: Strategic Insights
| Market Size Value in | US$ 3,723.67 Million in 2019 |
| Market Size Value by | US$ 5,754.43 Million by 2027 |
| Growth rate | CAGR of 5.7% from 2020-2027 |
| Forecast Period | 2020-2027 |
| Base Year | 2020 |
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Mergers and acquisitions, and research and development are the commonly adopted strategies by companies to expand their footprints worldwide, which is further impacting the size of the market. The players present in the water treatment biocides market have been implementing the abovementioned strategies to expand their customer base and gain significant share in the global market, which also enables them to maintain their brand name globally.
Report Spotlights
- Progressive industry trends in the global water treatment biocides market to help players develop effective long-term strategies
- Business growth strategies adopted by companies in developed and developing markets
- Quantitative analysis of the global water treatment biocides market from 2017 to 2027
- Estimation of global water treatment biocides demand generated by various industries
- PEST analysis to illustrate the efficacy of buyers and suppliers operating in the water treatment biocides ecosystem
- Recent developments to understand the competitive market scenario and global water treatment biocides demand
- Market trends and outlook, coupled with factors driving and restraining the growth of the global water treatment biocides market
- Insights to help in decision-making process by understanding strategies which underpin commercial interest with regard to the water treatment biocides market growth globally
- Global water treatment biocides market size at various nodes of the market
- Detailed overview and segmentation of the global water treatment biocides market, as well as the water treatment biocides industry dynamics
- Global water treatment biocides market size in various regions with promising growth opportunities
Water Treatment Biocides Market – By Product Type
- Oxidizing Biocides
- Nonoxidizing Biocides
Water Treatment Biocides Market – By Application
- Municipal Water Treatment
- Oil & Gas
- Power Plants
- Pulp and Paper
- Mining
- Swimming Pools
- Others
Company Profiles
- Albemarle Corporation
- DuPont de Nemours, Inc.
- Solenis
- Ecolab Inc.
- Innovative Water Care LLC
- Kemira Oyj
- Nouryon
- Suez
- Veolia Environment S.A.
- Italmatch Chemicals SpA
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product Type and Application and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The major players operating in the global water treatment biocides market are Albemarle Corporation, DuPont de Nemours, Inc., Solenis, Ecolab Inc., Innovative Water Care LLC, and Kemira Oyj among others.
In 2019, the water treatment biocides market was predominant in North America at the global level. The presence of major manufacturers such as DuPont, Ecolab Inc., Solenis, and Albemarle Corporation (US), in the region, has a positive impact on the market. Additionally, rising initiatives taken up the governments for water treatment have further propelled the demand for water treatment biocides in this region. This in turn, has increased the demand for water treatment biocides in North America.
The larger share of the oil & gas segment is primarily attributed to increasing use of biocides in all stages of oilfield development, from the initial drilling of the wells and the day to day production of oil and gas, and in all aspects of the maintenance of the field. They play an important role in the life of an oilfield and are a valuable tool in ensuring that oil and gas are produced safely and reliably.
The List of Companies - Water Treatment Biocides Market
- Albemarle Corporation
- Dupont de Nemours, Inc.
- Solenis
- Ecolab Inc.
- Innovative Water Care LLC
- Kemira OYJ
- Nouryon
- Suez
- Veolia
- Italmatch Chemicals SpA
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- Data Analysis:
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