Specialty Biocides: Introduction

  • Specialty biocide is a chemical compound or microorganism utilized to deter, destroy, and control any harmful organism by chemical or biological means.  Specialty biocides consist of the biocidal active substance and the biocidal product.
  • Biocidal active substances are primarily chemical compounds or microorganisms. Most of biocidal active substances have high toxicity. An example of active substances with high toxicity is CO2, which exhibits biocidal activity under certain specific conditions such as closed systems.
  • Biocidal products contain one or more biocidal active substances and are likely to contain other non-active elements that ensure effectiveness and desired characteristics such as pH, viscosity, color, and odor to final products.

Key Drivers and Restraints of Global Specialty Biocides Market

  • Adoption of specialty biocides to purify water is increasing owing to the rise in need for water and wastewater treatment. The purification technique of specialty biocides offers superior resistance to contaminants and high antimicrobial activity. This boosts its preference over other techniques including vacuum evaporation and UV disinfection. Increase in wastewater recycling is also expected to boost the global specialty biocides market during the forecast period.
  • Silver-based biocides offer several benefits such as prevention of corrosion and discoloration in products by inhibiting the growth of several types of microbes. They are used as biocidal agents in the health care industry due to their antimicrobial properties. They are also used in plastics and paints & coatings industries. Increase in usage of silver-based biocides in these industries is expected to positively impact the global specialty biocides market.
  • Side-effects associated with specialty biocides, increasing adoption of biocide-free antifouling coatings, and presence of stringent regulations are estimated to hamper the specialty biocides market during the forecast period

Specialty Biocides: Type Segment

  • In terms of type, the specialty biocides market can be classified into halogen compounds, metallic compounds, organ-sulfurs, and organic acids
  • Halogen compounds are used as effective microbial growth control agents. Halogen compounds have relatively low occurrence of resistance. Low cost and high stability are key factors driving the halogen compounds segment.
  • Metallic compounds are used in food & beverages, wood preservation, and paints & coatings applications. Organ-sulfur biocides are used to control microbial activity in the oil & gas industry. They inhibit micro-organisms such as algae and bacteria in re-circulating water systems. Organic acids such as formic or acetic acids are used as biocides, as they are less reactive in nature as compared to strong mineral acids such as hydrochloric acid and hydrofluoric acid. Lactic acid-based products are extensively used as antimicrobial agents in the poultry & meat industry.

COVID-19 Impact on Specialty Biocides Market

  • Since the beginning of 2020, global economy has been experiencing downturn with the outbreak of COVID-19. The COVID-19 pandemic is anticipated to significantly affect the production and distribution of specialty biocides.
  • The COVID-19 pandemic has impacted a large number of countries across the globe. Various measures introduced to combat the pandemic such as lockdowns, decrease in trade activities, and temporary closure of various factories and workplaces in several countries could save lives. However, these measures carry wide-ranging economic effects that can induce an economic contagion.
  • Shortage in supply of raw materials from various manufacturers around the globe has resulted in a severe demand-supply gap. Manufacturers are further expected to be stranded on raw material orders owing to the logistics industry being significantly impacted due to the lockdown amid the COVID-19 pandemic.

Europe Holds Major Share of Specialty Biocides Market

  • In terms of region, the global specialty biocides market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • Europe is expected to remain a leading region of the global food market during the forecast period. Growth in the organic food industry in countries such as Germany and the U.K. is a key factor driving the demand for specialty biocides during the forecast period.
  • Presence of a strong building & construction industry Asia Pacific is estimated to drive the market in the region.
  • Middle East & Africa and Latin America are relatively smaller regions of the global specialty biocides market. However, these regions are anticipated to create lucrative opportunities for the specialty biocides market during the forecast period.

Key Manufacturers Operating in Global Specialty Biocides Market

The global specialty biocides market was consolidated in 2020. Major players have prominent presence in developed and developing countries. Key manufacturers operating in the global specialty biocides market include:

  • Dow Chemicals
  • Troy Corporation
  • BASF SE
  • Solvay
  • Albemarle
  • Thor Group
  • Nouryon Chemicals Holding BV
  • Lonza Group Ltd.

Global Specialty Biocides Market: Research Scope

Global Specialty Biocides Market, by Type

  • Halogen Compounds
  • Metallic Compounds
  • Organ-sulfurs
  • Organic Acids

Global Specialty Biocides Market, by Application

  • Water Treatment
  • Personal Care
  • Wood Preservation
  • Food & Beverages
  • Paints & Coatings
  • Others

Global Specialty Biocides Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Disclaimer: This ongoing market research study is a meticulously planned activity where a broad array of factors and aspects that shape the marketing environment and industry are taken into account. However, keeping in mind the constantly changing nature of business dynamics and changing strategic intents, we are always actively making iterations and modifications in our approaches. As always, we are ready to tailor our insights and guidance to suit your requirements. Engage with us to know what more is there for your CXOs.

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Specialty Biocides Market