Slimicides Market Size

Slimicides Market size was valued at USD 3.75 Trillion in 2023 and is set to exceed USD 6.4 Trillion by 2036, registering over 4.2% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of slimicides is estimated at USD 3.9 Trillion. The growth of the market can be attributed to the increased consumption of paper and paper products. Recently, it was estimated that global consumption of paper totaled 399 million tons in 2020. This figure is projected to rise in the next decade with the consumption value at 466 million tons by 2031. The increasing use of paper for printing, painting, graphics, and signage is estimated to drive market growth in the coming years. According to market research, the growing population of students and increased educational institutes increase the use of paper usage, consequently cruising market growth. The books that are old and have been stored in the library are prone to fungus damage owing to climate change, humidity, and the gaining of paper hence slimicides are very useful to preserve those books. Upanishats, old manuscripts, and literature books must be stored and protected from damage, and slimicides play an essential part in that process.

Slimicides, also known as anti-slime agents, are antimicrobial chemical agents used for eliminating microorganisms that produce slime, algae, bacteria, slime, and fungi. These chemicals are extensively used in the papermaking processes as a large amount of water is recirculated and numerous paper-making chemicals are added during the process for improving the productivity and quality of papers. Thus, the large production of paper for various purposes is estimated to expand the slimicides market size in the forecast period. In 2022, it was anticipated that approximately 300 million tons of paper are produced across the world every year.