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3. LANXESS AG (Germany) and Nouryon (Netherlands) are Leading Players in the Biocides Market

In terms of value, the biocides market is estimated to grow from USD 9.7 billion in 2024 to USD 12.3 billion by 2029, at a CAGR of 4.9%. Rising demand for biocides from industries such as water treatment, industrial & institutional cleaning and home care, paints & coatings, wood preservatives, and other biocides type for a variety of applications is leading the market. During the forecast period, this is anticipated to expand the biocides market even more.

The key players in this market are LANXESS AG (Germany), Veolia Group (France), Arxada AG (Switzerland), Ecolab Inc. (US), and Nouryon (Netherlands), among others. Players in the biocides market are adopting both organic and inorganic growth strategies to grow their regional and global presence within the market. These major players are continuously developing new products to serve to their customer requirements. They are also violently acquiring other small companies to increase their market share within the global biocides market. In response to the growing demand for biocides in various applications, market participants are primarily emphasizing research and development efforts.

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LANXESS AG

LANXESS AG is a German specialty chemicals company that operates globally. In the context of the biocides market, LANXESS is a significant player, offering a range of products for various applications. Their biocides portfolio includes solutions for material protection, water treatment, and disinfection. The company's products are used in industries such as paints and coatings, construction, and personal care. The company focuses on developing sustainable and environmentally friendly biocidal solutions to meet increasing regulatory demands and consumer preferences for safer products.

Nouryon

Nouryon, formerly AkzoNobel Specialty Chemicals, is a global specialty chemicals company headquartered in the Netherlands. In the biocides market, Nouryon is a significant player, offering a range of products for various applications. Their biocides portfolio includes solutions for water treatment, paints and coatings, personal care, and industrial preservation. Nouryon's biocides help prevent microbial growth, extending product shelf life and improving performance. The company focuses on developing sustainable and environmentally friendly biocide solutions to meet increasing regulatory demands and consumer preferences. Nouryon's strong research and development capabilities, along with its global presence, position it well in the competitive biocides market, where it faces competition from other major chemical companies.

Related Reports:

Biocides Market by Type (Non-oxidizing Biocides, Oxidizing Biocides), Application (Water Treatment, Industrial & Institutional Cleaning and Home Care, Paints & Coatings, Wood Preservatives), and Region - Global Forecast to 2029

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