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imsofiawilliams
23 sept. 2021
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The global biocides market size is estimated to be USD 11.3 billion in 2021 and is projected reach USD 13.6 billion by 2026, at a CAGR of 3.7% between 2021 and 2026. The market is mainly driven by the rising demand for biocides in applications such as water treatment, household & personal care, paints & coatings, wood preservatives and others. Factors such as increase in use of antimicrobial protection in end-use industries and stringent regulatory environment will drive the biocides market. APAC is the key market for biocides, globally, followed by Europe and North America, in terms of volume and value.
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