US+1 646-781-8004
Europe+44-203-868-8738
APAC+91-744-778-0008
sales@meticulousresearch.com
HomePress-release
Redding, California - September 12, 2023

Microbial Control Chemical Market to Reach $7.77 Billion by 2030

Microbial Control Chemical Market by Method (Sterilization, Disinfection, Antisepsis), Type (Phenolics, Halogens, Aldehyde, Alcohol, Heavy Metal), End-use Industry (Water Treatment, Healthcare, Personal Care, Food and Beverages) - Global Forecast to 2030


Meticulous Research®—a leading global market research company, published a research report titled,Microbial Control Chemical Market by Method (Sterilization, Disinfection, Antisepsis), Type (Phenolics, Halogens, Aldehyde, Alcohol, Heavy Metal), End-Use Industry (Water Treatment, Healthcare, Personal Care, Food and Beverages) - Global Forecast to 2030.'

According to this latest publication from Meticulous Research®, the microbial control chemical market is projected to reach $7.77 billion by 2030, at a CAGR of 5.7% from 2023 to 2030. The growth of this market is driven by the growing food processing industry & rising concerns regarding food safety, the growing need for water treatment, and stringent regulations regarding hygiene & product safety in various industries. However, the regulatory complexities regarding the use of microbial control chemicals and the emergence of microbial resistance to these chemicals hinder the growth of this market.

Moreover, growing awareness about the importance of hygiene & cleanliness and the technological advancements in microbial control chemicals are expected to create market growth opportunities. Nanotechnology has been applied to create more effective microbial control agents. Nano-sized particles, like silver nanoparticles, have demonstrated strong antimicrobial properties. They can be incorporated into coatings, textiles, and packaging materials to inhibit microbial growth. However, environmental concerns by using these chemicals is a major challenge for the players in this market.

Key Players:

The microbial control chemical market is characterized by a moderately competitive scenario due to the presence of many large- and small-sized global, regional, and local players. The key players operating in the microbial control chemical market are Lonza Group Ltd. (Switzerland), Solvay S.A. (Belgium), LANXESS AG (Germany), Clariant AG (Switzerland), The Dow Chemical Company (U.S.), Ecolab Inc. (U.S.), Thor GmbH (Germany), BASF SE (Germany), Stepan Company (U.S.), and Albemarle Corporation (U.S.).

The microbial control chemical market is segmented by method (sterilization, disinfection, and antisepsis), type (phenolics, halogens, oxidizing agents, aldehyde, alcohol, heavy metal, and other microbial control chemicals), end-use industry (water treatment, healthcare, personal care, food & beverages, wood preservation, oil & gas, and other applications), and geography (North America, Europe, Asia-Pacific, Latin America, the Middle East & Africa). The study also evaluates industry competitors and analyses the regional and country-level markets.

Based on method, the microbial control chemical market is mainly segmented into sterilization, disinfection, and antisepsis. The sterilization segment is expected to account for the largest microbial control chemical market share in 2023, owing to the rising demand for sterilization in healthcare institutions, pharmaceutical sectors, and food processing units. Furthermore, technological developments and the development of new & effective sterilization chemicals are further anticipated to support the growth of this market across the globe.

Based on type, the microbial control chemical market is segmented into phenolics, halogens, oxidizing agents, aldehyde, alcohol, heavy metals, and other microbial control chemicals. The phenolics segment is expected to account for the largest share of the microbial control chemical market in 2023 owing to the rising concerns about microbial contamination, the increasing need for effective disinfection solutions, and the rising demand for phenolics due to their effectiveness in killing a wide range of microorganisms and their long-lasting residual activity. Moreover, the growing demand for phenolics, mainly from the healthcare and food processing industries, further supports this market's growth.

Based on end-use industry, the microbial control chemical market is mainly segmented into water treatment, healthcare, personal care, food & beverages, wood preservation, oil & gas, and other applications. The water treatment segment is expected to account for the largest share of the microbial control chemical market in 2023 owing to the rapid population growth & urbanization, strict water treatment regulations, regulatory & sustainability mandates concerning the environment, the lack of freshwater resources, and the increasing prevalence of waterborne diseases. Moreover, the growing demand for energy-efficient and advanced water treatment technologies is further expected to create market growth opportunities for stakeholders operating in this market in the coming years.

Geographic Review

This research report analyzes major geographies and provides a comprehensive analysis of North America (U.S., Canada), Europe (Germany, Spain, France, U.K., Italy, and RoE), Asia-Pacific (China, India, Japan, Australia, and RoAPAC), Latin America (Brazil, Mexico, Argentina, and RoLATAM) and the Middle East & Africa. In 2023, North America is expected to account for the largest share of the microbial control chemical market. The large share of this market is mainly attributed to the presence of a large number of key players, well-established food processing and pharmaceutical industries, and strict regulations regarding food safety & hygiene in the region. Moreover, the advanced healthcare infrastructure, high awareness about the importance of preventing microbial infections, and rising private and government investments in the manufacturing sector further support this market's growth in the region.

Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=4449

Key Questions Answered in the Report-

  • What is the value of revenue generated by the sale of microbial control chemicals?
  • At what rate is the global demand for microbial control chemicals projected to grow for the next 5-7 years?
  • What is the historical market size and growth rate for the microbial control chemical market?
  • What are the major factors impacting the growth of this market at global and regional levels?
  • What are the major opportunities for existing players and new entrants in the market?
  • Which method, type, and end-user segments create major traction for the manufacturers in this market?
  • What are the key geographical trends in this market? Which regions/countries are expected to offer significant growth opportunities for the manufacturers operating in the microbial control chemical market?
  • Who are the major players in the microbial control chemical market? What are their specific product offerings in this market?
  • What recent developments have taken place in the microbial control chemical market? What impact have these strategic developments created on the market?

Contact Us:
Meticulous Research®
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research

Recommended Readings

Related Reports
Microbial Control Chemical Market - Global Opportunity Analysis and Industry Forecast (2023-2030)
Report ID: MRCHM - 10420 Pages: 210 Formats*:PDF Category: Chemicals and Materials
Share this on:
Linkdin
Whatsapp
Print
Save PDF
  Download Free Sample Report
Table Of Content
Download Free Sample Report

Meticulous Research
US
+1 646-781-8004
Meticulous Research
Europe
+44-203-868-8738
Meticulous Research
APAC
+91-744-778-0008
Subscribe to get the latest industry updates