Biocides refer to microorganisms or chemical substances that intend to deter, render harmless, destroy, or exert a controlling effect on any harmful organism by biological or chemical means. These compounds can act as pesticides, disinfectants, or preservatives for several end-use applications. As the excessive usage of this chemical can be harmful to humans, the biocidal products are regulated under the Biocidal Products Directive of the European Union (EU). Under the 98/8/EC directive of the EU, such products are classified into 22 types, based on their applications.
The increasing global population and the rising disposable income of people in several countries are massively pushing up the sales of consumer products such as detergents, paints, furniture, cosmetics, and building materials, which is, in turn, fueling the surge in the demand for biocides across the world. Biocides are used in these products for enhancing their quality and performance and increasing their shelf life. Hence, with the growing usage of these compounds in consumer products and water treatment plants, the global market for biocides will register rapid expansion in the coming years.
Additionally, the soaring consumption of consumer products, on account of the rise in disposable income and macroeconomic growth, will fuel the adoption of biocides, globally. Manufacturers of consumer goods use biocidal products to eliminate or prevent microbial growth, as they serve as preservatives, sterilant, and disinfectants in the production processes. Moreover, the booming world population will also increase the prospects of biocides, due to the large-scale production of consumer products. Apart from this, the chemical also finds wide application in industrial plants of home care, healthcare, and personal care products.
According to P&S Intelligence, the Asia-Pacific biocides market will exhibit the fastest growth in the foreseeable future. This can be ascribed to the high-volume application of biocides in water treatment plants of India, China, and other southeast Asian countries. The increasing demand for treated water for industrial and residential applications from these nations will amplify the adoption of the chemical in the coming years. The industrial capacity of these nations is surging at a notable rate, which, in turn, is propelling the utilization of biocidal products in the region.
Thus, the burgeoning consumption of consumer goods and the escalating requirement for portable water will propel the adoption of biocides in several end-use industries.
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