The Global Water Treatment Biocides Market size is projected to reach USD 4.7 billion by 2024 from the estimated USD 3.5 billion in 2019, at a CAGR of 6.2% between 2019 and 2024. Water treatment biocides are active substances or chemicals used to destroy or prevent the growth of any microorganisms, such as bacteria and fungi.

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On the other hand, rising population and rapid urbanization in emerging economies are providing opportunities for the players in the water treatment biocides market. The market players are mainly concentrating on expansions, new product launches, contracts & agreements, mergers, acquisitions, and joint ventures to meet the growing demand in various applications.

The growth of the water treatment biocides market has been influenced primarily by expansions, new product launches, and contracts & agreements during 2017 and 2019. The market is fragmented with the dominance of players, such as DuPont (US), Ecolab Inc. (US), Solenis (US), and SUEZ (France) in different application segments. Other players present in the market are Innovative Water Care (US), BWA Water Additives (UK), Kemira Oyj (Finland), Veolia (France), Nouryon (Netherlands), Albemarle Corporation (US), LANXESS Group (Germany), and ICL Group (Israel).  

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North America is estimated to be the largest water treatment biocides market by 2024, in terms of value. This is due to the presence of the major manufacturers of water treatment biocides in the region, including DuPont (US), Ecolab Inc. (US), Solenis (US), Innovative Water Care (US), and Albemarle Corporation (US), among others. In addition, the increasing awareness regarding the need to recycle and reuse water are the other factors driving the demand for water treatment biocides in the region.

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