5-Chloro-2-Methyl-3-Isothiazolone Market By Type (Cosmetic Grade, Industrial Grade), By Application (Industrial Water Treatment, Oilfield, Paper, Coating, Cosmetics and Personal Care Products), and By Region (North America, South America, Asia Pacific, Europe, and the Middle East andamp; Africa), Global Forecast 2022 to 2031

The need for preservation agents for a variety of products is expanding, as is the usage of chemicals for water treatment of industrial effluent and growing public knowledge of the chemical's positive environmental effects. The increased competition for bio-based restoration agents is another factor that is projected to support the market's rise. The introduction of new goods with better performance and shelf life is another area of attention for manufacturers in this market. The market for 5-chloro-2-methyl-3-isothiazolone is expanding as a result of this. The market is also predicted to grow over the years of the chemical's expanding use in household products like surfactants.

The antibacterial qualities of 5-Chloro-2-Methyl-3-Isothiazolone make it essential for the food and beverage industries. The shelf-life of many products, including sauces and condiments, is increased by the addition of this component as a preservative. As microbial development and rotting can result in contaminated products, it also aids in preventing them. Furthermore, 5-Chloro-2-Methyl-3-Isothiazolone is employed in industrial cleansers and disinfectants for comparable reasons, as well as in cosmetic goods to stop the formation of bacteria. This ingredient's use can assist food and beverage businesses in upholding quality standards and assuring the customer safety of their products. Moreover, the usage of 5-Chloro-2-Methyl-3-Isothiazolone in professional cleaners and disinfectants can aid in lowering the danger of cross-contamination, hence enhancing worker safety.

The 5-Chloro-2-Methyl-3-Isothiazolone has a melting point of 93–96°C and a boiling point of 290°C. It is a crystalline, white to pastel-yellow solid. The preponderance of organic solvents can dissolve it, however, water cannot. It is an intermediary in the production of dyes, pigments, and other compounds and has a potent odour. It also possesses antifungal and antibacterial effects. Additionally, it is a preservative used in pharmaceuticals, cosmetics, and food products.

During the projection period of 2021–2031, the global 5-Chloro-2-Methyl-3-Isothiazolone Market is projected to grow at a CAGR of 4.3%, from an estimated value of USD 448 million in 2021 to USD 619 million by 2031.

A chemical substance called 5-Chloro-2-Methyl-3-Isothiazolone (CMI) is employed in numerous industrial, cosmetic, and biomedical applications. It is used as an antimicrobial and preservative to inhibit microbial development in a variety of products, including paper, coatings, pharmaceuticals, and personal care items as well as industrial dechlorination and oilfield products. CMI also reduces odour, protects against corrosion, and lengthens the product's life expectancy.
The usage of isothiazolone in different industrial and commercial applications is subject to smart government regulations. The market for 5-Chloro-2-Methyl-3-Isothiazolone is anticipated to suffer from this during the projected period.

Additionally, 5-Chloro-2-Methyl-3-Isothiazolone has fewer uses than other biocides. This is an additional element limiting the market's expansion for 5-Chloro Methyl Isothiazolone. Another problem limiting the expansion of the 5-Chloro Methyl Isothiazolone market is the substance's high price. Nevertheless, despite these impediments, the market for 5-Chloro Methyl Isothiazolone is anticipated to expand strongly over the course of the forecast period due to rising demand from the personal care and cosmetics industries.

There are numerous significant producers in the market for 5-chloro-2-methyl-3-isothiazolone. These producers include Clariant, Dow Chemical, Aditya Birla Chemicals, BASF, AkzoNobel, and Elementis. Each of these businesses holds a sizeable portion of the worldwide market and is anticipated to maintain a dominant position in the years to come. There are also more, smaller distributors and distributors operating in the sector.

Segment Analysis

The Industrial Grade Segment emerged as the Most Lucrative Type

The 5-Chloro-2-Methyl-3-Isothiazolone Market is divided into two groups based on type: Cosmetic Grade and Industrial Grade. The industrial grade is anticipated to experience the greater growth rate of these two categories over the projection period. The market is also being driven by other factors, such as the rising demand for 5-Chloro-2-Methyl-3-Isothiazolone in detergents and other products.
The Most Prominent Application is the Industrial Water Treatment sector
The 5-Chloro-2-Methyl-3-Isothiazolone Market is divided into the Industrial Water Treatment, Oilfield, Paper, Coating, Cosmetics, and Personal Care Products categories based on applications.

The Industrial Water Treatment sector, out of these, has the biggest market share in 2019 and is anticipated to grow at the highest CAGR during the projected period. This is due to its expanding use as a powerful biocide in numerous industrial water treatment procedures, including the treatment of wastewater, ultra-pure water, cooling water, and reverse osmosis.

The North American Region to render Ample Financing Opportunities
The 5-Chloro-2-Methyl-3-Isothiazolone market is segmented into North America (the United States, Canada, and Mexico), Europe (Germany, France, the United Kingdom, Russia, and Italy), Asia Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, etc.), the Middle East, and Africa (among other regions) (Saudi Arabia, Egypt and South Africa). The Asia Pacific region is predicted to hold the greatest market share among these areas over the forecast period.

COVID-19 Impact and Market Status

The market for 5-chloro-2-methyl-3-isothiazolone has been significantly impacted by the COVID-19 pandemic epidemic. Due to the global recession in industrial and commercial activity, 5-chloro-2-methyl-3-isothiazolone demand has drastically decreased. The market is expected to gradually recover over the remainder of the predicted time as business investment rises. Additionally, the water treatment industry's growing demand for 5-chloro-2-methyl-3-isothiazolone is anticipated to fuel cell market expansion throughout the projection period. Secondly, it is projected that the consumption of biocide will increase across a variety of end-user industries during the course of the forecast timeframe.

Recent Developments in the 5-Chloro-2-Methyl-3-Isothiazolone Market

• Shin-Etsu Chemical Co., Ltd. and Daikin Industries, Ltd. introduced a new 5-chloro-2-methyl-3-isothiazolone (CMI) product line in January 2022. CMI is an antibacterial agent used in a variety of applications. Standard CMI and CMI with improved antibacterial action are both available as products. To fulfil the rising demand for CMI in the food and healthcare industries as well as other industrial sectors, a new product line was created.

• The expansion of the 5-Chloro-2-Methyl-3-Isothiazolone production capacity in Ludwigshafen, Germany, was announced by BASF SE in 2020. By 2021, the initiative, in which the company invested €25 million, will raise its manufacturing capacity from 8 kt/a to 10 kt/a. This action is anticipated to assist BASF in meeting the rising demand for CMI from its clients around the world.

• Lonza Group AG stated in September 2019 that the US Environmental Protection Agency (EPA) had approved its 5 Chloro 2 Methyl 3 Isothiazolone (CMI). Lonza is now the first business in Europe to have its application approved by the EPA. Lonza is now able to produce CMI for the US market thanks to the approval. The licence is anticipated to give Lonza new chances in the US marketplace.

5-Chloro-2-Methyl-3-Isothiazolone Market Scope

Key Segment of Global 5-Chloro-2-Methyl-3-Isothiazolone Market 

By Type Overview (USD Billion) 
        • Cosmetic Grade 
        • Industrial Grade 
By Application Overview (USD Billion) 
        • Industrial Water Treatment 
        • Oilfield, Paper 
        • Coating 
        •Cosmetics and Personal Care Products 
By Region Overview (USD Billion) 
North America 
        • USA 
        • Canada 
Asia Pacific 
        • China 
        • India 
        • Japan 
        • Rest of Asia Pacific 
South America 
        • Mexico 
        • Brazil 
        • Rest of North America 
Europe 
        • Germany 
        • France 
        • UK 
        • Rest of Europe 
Middle East and Africa