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Redding, California - July 12, 2024

Microbial Control Chemical Market to Reach $8.34 Billion by 2031

Microbial Control Chemical Market Size, Share, Forecast, & Trends Analysis by Method (Sterilization, Disinfection, Antisepsis), Type (Phenolics, Halogens, Aldehyde, Alcohol), End-use Industry (Water Treatment, Healthcare) - Global Forecast to 2031

Meticulous Research^®—a leading global market research company, published a research report titled, ‘Microbial Control Chemical Market Size, Share, Forecast, & Trends Analysis by Method (Sterilization, Disinfection, Antisepsis), Type (Phenolics, Halogens, Aldehyde, Alcohol), End-use Industry (Water Treatment, Healthcare) - Global Forecast to 2031.’

According to this latest publication from Meticulous Research^®, the microbial control chemical market is projected to reach $8.34 billion by 2031, at a CAGR of 6.1% from 2024 to 2031. The growth of this market is driven by the growth in the 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 restrain 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. However, the environmental concerns associated with the use of these chemicals pose a major challenge for the players operating 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 and beverages, wood preservation, oil & gas, and other end-use industries), and geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa). The study also evaluates industry competitors and analyses the market at the regional and country levels.

Based on method, the microbial control chemical market is segmented into sterilization, disinfection, and antisepsis. In 2024, the sterilization segment is expected to account for the largest share of the microbial control chemical market. This segment’s large market share can be attributed to the increasing demand for sterilization in healthcare, pharmaceutical, and food processing facilities and advancements in sterilization chemicals.

Based on type, the microbial control chemical market is segmented into phenolics, halogens, oxidizing agents, aldehyde, alcohol, heavy metals, and other microbial control chemicals. In 2024, the phenolics segment is expected to account for the largest share of 36.0% of the microbial control chemical market. This segment’s large market share can be attributed to concerns over microbial contamination, increasing demand for effective disinfection solutions, and the effectiveness of phenolics in eliminating a broad range of microorganisms, coupled with their prolonged residual efficacy. Furthermore, the increasing utilization of phenolics in the healthcare and food processing sectors contributes to the significant market share of this segment.

Based on end-use industry, the microbial control chemical market is segmented into water treatment, healthcare, personal care, food & beverages, wood preservation, oil & gas, and other end-use industries. In 2024, the water treatment segment is expected to account for the largest share of the microbial control chemical market. This segment’s large market share can be attributed to rapid population growth & urbanization, stringent water treatment & environmental regulations, declining freshwater resources, and rising incidence of waterborne diseases.

Geographic Review

This research report analyzes major geographies and provides a comprehensive analysis of the market in North America (U.S., Canada), Europe (Germany, Spain, France, U.K., Italy, and Rest of Europe), Asia-Pacific (China, India, Japan, Australia, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Argentina, and Rest of Latin America) and the Middle East and Africa. In 2024, North America is expected to account for the largest share of the microbial control chemical market. North America’s significant market share can be attributed to the presence of major market players, well-established food processing and pharmaceutical industries, and strict regulations regarding food safety & hygiene in the region. Moreover, the advanced healthcare infrastructure, increased awareness about the importance of preventing microbial infections, and rising investments in the manufacturing sector are driving the 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 revenue generated from the sales of microbial control chemicals globally?
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 the global and regional levels?
What are the major opportunities for existing players and new entrants in the market?
Which method, type, and end-use industry segments are expected to 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?
What are the recent developments in the microbial control chemical market? What are the impacts of these strategic developments on the market?

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Redding, California - July 12, 2024

Microbial Control Chemical Market to Reach $8.34 Billion by 2031

Microbial Control Chemical Market Size, Share, Forecast, & Trends Analysis by Method (Sterilization, Disinfection, Antisepsis), Type (Phenolics, Halogens, Aldehyde, Alcohol), End-use Industry (Water Treatment, Healthcare) - Global Forecast to 2031

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