Market Trends of Europe Biocides Industry
This section covers the major market trends shaping the Europe Biocides Market according to our research experts:
Increasing Demand from Water Treatment Application
- Biocides are preferably used in water treatment to eliminate microbes. Water towers are ideal locations for the growth of biological organisms, such as fungi, algae, protozoa, bacteria, and sulfate-reducing bacteria.
- If not controlled properly, they form a layer of bio-slime that acts as a natural adhesive surface for scale formation, which may reduce the cooling system's efficiency. For water systems to operate at their optimum efficiency, biocides are added to the water to remove the microbiological fouling, slime, and biofilm from these systems.
- The collection and treatment of wastewater have improved in Europe, thus reducing risks to the environment and human health.
- In Europe, around 90% of urban wastewater is collected and treated by the EU Waste Water Treatment Directive. Germany is one of the leading countries in wastewater treatment.
- Germany's wastewater treatment market was valued at around USD 3.15 billion in 2021, and about 10,723.8 million n cubic meters of wastewater were treated during the same period.
- Considering all the factors mentioned above, the increase in demand for surface care biocides is anticipated to expand during the forecast period.
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Germany is Anticipated to Hold a Major Market Share
- The need to safeguard humans, animals, and the environment from the damaging effects of bacteria, fungi and other microorganisms is what drives the demand for biocides in Germany. This includes preventing the contaminating of food and water supplies, stopping the spread of pathogens, and managing pests.
- To ensure the safe and efficient use of biocides, the German government has put in place a number of regulations, such as the Plant Protection Products Regulation and the Biocide Regulation (BiostoffV) (PflSchV).
- Manufacturers and users of biocides must follow stringent safety requirements as a result of these restrictions. The German government has also created a number of incentives to promote the use of biocides, including grants for environmental protection initiatives, tax credits for businesses that use biocides, and subsidies for research and development.
- As per Scientific Advisory Council for Agricultural Policy, as there is a consistent need to improve animal welfare to promote hygiene and support welfare needs, an investment of nearly USD 3 to 5 billion will be needed per year in Germany alone to achieve the required outcome.
- Considering the aforementioned factors, Germany's biocides market is anticipated to rise steadily over the forecast period.
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