Paint and Coating Biocide Market By Active Ingredient (Glutaraldehyde, Bronopol, Dazomet, Triazine, Isothiazolinone, and Others), By Application (Waterborne Paints & Coatings and Solventborne Paints & Coatings), Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2023-2030

Market Overview

Biocides are added in paint & coating products to serve as antimicrobial additives, with the primary aim to eliminate the accumulation of bacteria during storage of products. The biocide in paints also reduces the possibilities of fungi and algae growth once the paint is applied. The biocides thereby serve the purpose of in-can and dry film protection of paints and coatings from microbial growth.

Market Dynamics

The enhancement in biocide performance as an antimicrobial additive and increasing product adoption for marine coating applications are the primary factors driving the market growth. The use of biocide paint & coating products on nautical items, to safeguard against fungi and bacteria, has improved the product demand over the forecast period. The advancement of product innovation in the biocide production process has improved its prospects as an antimicrobial additive, which in turn has influenced the growth of the market. The addition of biocide in paint & coating products have also increased the shelf life, as biocides act as in-can preservatives against bacterial infestation. However, stringent federal regulations to reduce negative environmental impact and the threat of substitution from biocide-free, eco-friendly alternatives might hamper the market growth. The biocide products fall under the volatile organic compounds (VOCs) category and are known to impact the environment through harmful emissions. The stringent regulation governing the emission levels of a product, therefore, hinders the market growth. The commercial availability of eco-friendly, green alternatives with antifouling properties is touted as a severe threat to the biocide paint and coating products, especially with the development of biocide-free, low VOC marine paints. The rising need for additives to increase the longevity of paints and coatings would provide lucrative opportunities for the market in the coming years. The customer demand for long-lasting paint and coating products that would be of service for an extended period have led to new possibilities of biocide application for the crucial manufacturers, improving initiatives of business expansion.
 
Market Segmentation

The global Paint and Coating Biocide market is mainly classified based on Active Ingredient and Application. Active Ingredient is segmented into Glutaraldehyde, Bronopol, Dazomet, Triazine, Isothiazolinone, and Others. By Application, the market is divided into Waterborne Paints & Coatings and Solventborne Paints & Coatings.

The Isothiazolinone segment by Active Ingredient holds a substantial share in terms of overall value and volume owing to the easy commercial availability of products. The dynamic product performance in the inhibition of microbial growth through termination of critical physiological functions in microorganisms would further improve the growth prospects of the segment.

In terms of volume, the Waterborne Paints & Coatings segment by Application is poised to garner 188.1 K MT. The high risks of bacterial manifestation and algae growth on wet films of paints and coatings have led to the higher adoption of biocides as antimicrobial additives. The rising biocide development and approval for marine paint and coatings products would ensure further segment growth in the coming years.

Regional Analysis

Based on geography, the global Paint and Coating Biocide market is divided into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. North America is further divided in the U.S., Canada, and Mexico, whereas Europe consists of the UK, Germany, France, Italy, Russia, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific. The South America region includes Brazil, Argentina, and the Rest of South America. At the same time, the Middle East & Africa is categorized into GCC Countries, Egypt, South Africa, and Rest of Middle East & Africa.
North America is a leading region in terms of production volume and value owing to the establishment of expansive manufacturing facilities in the area. The consistent investments into the expansion of production facilities would continue to improve the growth prospects of the regional market.
 
Competitive landscape

The Paint and Coating Biocide market is moderately consolidated, with several global companies operating with expansive manufacturing capabilities and extensive distribution network for product delivery to remote areas.

Key players operating in the Paint and Coating Biocide industry include Lonza Group Ltd, Troy Corporation, Thor Gmbh, Lanxess AG, Clariant AG, BASF SE, DuPont de Nemours, Inc., Dalian XingYuan Chemistry Co., Ltd., Valtris Specialty Chemicals Limited, Vink Chemicals GmbH & Co. KG, PPG Industries, Inc., Elementis plc, Fine Organic Industries Ltd., Janssen PMP, and Melzer Chemicals Pvt. Ltd.

The expansion in business activities through strategic partnerships and extension in manufacturing capabilities through facility expansion are the primarily followed business strategies of top players looking to capture substantial share during the forecast period.

Paint and Coating Biocide Market Key Segments:

By Active Ingredient
• Glutaraldehyde
• Bronopol
• Dazomet
• Triazine
• Isothiazolinone
• Others

By Application
• Waterborne Paints & Coatings
• Solventborne Paints & Coatings

Key Global Paint and Coating Biocide Industry Players
• Lonza Group Ltd
• Troy Corporation
• Thor Gmbh
• Lanxess AG
• Clariant AG
• BASF SE
• DuPont de Nemours, Inc.
• Dalian XingYuan Chemistry Co., Ltd.
• Valtris Specialty Chemicals Limited
• Vink Chemicals GmbH & Co. KG
• PPG Industries, Inc.
• Elementis plc
• Fine Organic Industries Ltd.
• Janssen PMP
• Melzer Chemicals Pvt. Ltd.

Table of Content

1. Market Introduction
1.1. Executive Summary
1.2. Market Definition
1.3. Market Scope

2. Research Methodology
2.1. Primary Research
2.2. Research Methodology
2.3. Assumptions & Exclusions
2.4. Secondary data sources

3. Paint and Coating Biocide Market Overview
3.1. Report Segmentation & Scope
3.2. Key Market Trend
3.3. Drivers
3.3.1. Enhancement in biocide performance as an antimicrobial additive
3.3.2. Increasing product adoption for marine coating applications
3.4. Restraints
3.4.1. Stringent federal regulations to reduce negative environmental impact
3.4.2. Threat of substitution from biocide-free, eco-friendly alternatives
3.5. Opportunity
3.5.1. Rising need for additives to increase the longevity of paints and coatings
3.6. Porter’s Five Forces Analysis
3.6.1. Porter’s Five Forces Analysis
3.7. Market Share Analysis

4. Active Ingredient Overview
4.1. Introduction
4.1.1. Market Size & Forecast
4.2. Glutaraldehyde
4.2.1. Market Size & Forecast
4.3. Bronopol
4.3.1. Market Size & Forecast
4.4. Dazomet
4.4.1. Market Size & Forecast
4.5. Triazine
4.5.1. Market Size & Forecast
4.6. Isothiazolinone
4.6.1. Market Size & Forecast
4.7. Others
4.7.1. Market Size & Forecast

5. Application Overview
5.1. Introduction
5.1.1. Market Size & Forecast
5.2. Waterborne Paints & Coatings
5.2.1. Market Size & Forecast
5.3. Solventborne Paints & Coatings
5.3.1. Market Size & Forecast

6. Paint and Coating Biocide Market Regional Overview
6.1. Introduction
6.1.1. Market Size & Forecast
6.2. North America Paint and Coating Biocide Market
6.2.1. North America Market Size & Forecast, By Country
6.2.2. North America Market Size & Forecast, By Active Ingredient
6.2.3. North America Market Size & Forecast, By Application
6.2.4. U.S.
6.2.4.1. Market Size and Forecast
6.2.5. Canada
6.2.5.1. Market Size and Forecast
6.2.6. Mexico
6.2.6.1. Market Size and Forecast
6.3. Europe Paint and Coating Biocide Market
6.3.1. Europe Market Size & Forecast, By Country
6.3.2. Europe Market Size & Forecast, By Active Ingredient
6.3.3. Europe Market Size & Forecast, By Application
6.3.4. Germany
6.3.4.1. Market Size and Forecast
6.3.5. France
6.3.5.1. Market Size and Forecast
6.3.6. UK
6.3.6.1. Market Size and Forecast
6.3.7. Italy
6.3.7.1. Market Size and Forecast
6.3.8. Russia
6.3.8.1. Market Size and Forecast
6.3.9. Rest of Europe
6.3.9.1. Market Size and Forecast
6.4. Asia-Pacific Paint and Coating Biocide Market
6.4.1. Asia-Pacific Market Size & Forecast, By Country
6.4.2. Asia-Pacific Market Size & Forecast, By Active Ingredient
6.4.3. Asia-Pacific Market Size & Forecast, By Application
6.4.4. Japan
6.4.4.1. Market Size and Forecast
6.4.5. China
6.4.5.1. Market Size and Forecast
6.4.6. Australia
6.4.6.1. Market Size and Forecast
6.4.7. India
6.4.7.1. Market Size and Forecast
6.4.8. South Korea
6.4.8.1. Market Size and Forecast
6.4.9. Rest of Asia-Pacific
6.4.9.1. Market Size and Forecast
6.5. South America Paint and Coating Biocide Market
6.5.1. South America Market Size & Forecast, By Country
6.5.2. South America Market Size & Forecast, By Active Ingredient
6.5.3. South America Market Size & Forecast, By Application
6.5.4. Brazil
6.5.4.1. Market Size and Forecast
6.5.5. Argentina
6.5.5.1. Market Size and Forecast
6.5.6. Rest of South America
6.5.6.1. Market Size and Forecast
6.6. Middle East & Africa Paint and Coating Biocide Market
6.6.1. Middle East & Africa Market Size & Forecast, By Country
6.6.2. Middle East & Africa Market Size & Forecast, By Active Ingredient
6.6.3. Middle East & Africa Market Size & Forecast, By Application
6.6.4. GCC Countries
6.6.4.1. Market Size and Forecast
6.6.5. Egypt
6.6.5.1. Market Size and Forecast
6.6.6. South Africa
6.6.6.1. Market Size and Forecast
6.6.7. Rest of Middle East & Africa
6.6.7.1. Market Size and Forecast

7. Company Profile
7.1. Lonza Group Ltd
7.1.1. Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.1.2. Lonza Group Ltd Product Category, Application, and Specification
7.1.3. Lonza Group Ltd Financial Performance (2015-2019)
7.1.4. Main Business/Business Overview
7.2. Troy Corporation
7.3. Thor Gmbh
7.4. Lanxess AG
7.5. Clariant AG
7.6. BASF SE
7.7. DuPont de Nemours, Inc.
7.8. Dalian XingYuan Chemistry Co., Ltd.
7.9. Valtris Specialty Chemicals Limited
7.10. Vink Chemicals GmbH & Co. KG
7.11. PPG Industries, Inc.
7.12. Elementis plc
7.13. Fine Organic Industries Ltd.
7.14. Janssen PMP
7.15. Melzer Chemicals Pvt. Ltd.