[250 Pages Report] The global disinfectant chemicals market is forecasted to surge at a CAGR of 5% from 2022 to 2032, expanding to USD 4 Billion by 2032, compared to USD 2.5 Billion in 2022, which is favoured by:
The scarcity of safe drinking water in many parts of the world has also prompted the expansion of the water disinfectant chemicals market. Chloramines, for example, have seen rapid growth in recent years.
The hazardous health effects of the chemicals associated with disinfectants prove to be the primary impediment to disinfectant chemicals market growth. Similarly, chemicals like sodium hypochlorite, when in close contact with humans and the environment, can help remove blood-borne infections while also having negative effects on human health and the environment. As a result, the growing demand for other environmentally friendly disinfection treatments is impeding disinfectant chemicals market growth.
Report Attributes | Details |
---|---|
Expected Base Year Value (2021) | USD 2.1 Billion |
Anticipated Market Value (2022) | USD 2.5 Billion |
Projected Forecast Value (2032) | USD 4 Billion |
Growth Rate (2022 to 2032) | 5% CAGR |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
Due to its rising population and standard of living, the Asia Pacific region is expected to account for a significant disinfectant chemicals market share during the forecast period. This region has a high disinfectant chemicals market growth rate. The rising incidence of chronic diseases is a major factor driving the disinfectant chemicals market growth in China, Japan, and India.
The disinfectant chemicals market growth in these countries is boosted by the sharp rise in hospital admissions and the rise in surgical procedures performed in healthcare facilities. In addition to this, the growing elderly population necessitates additional hygienic measures, which raises the demand for disinfectants.
In terms of demand, Europe occupied the second-largest market share, followed by North America.
Governmental efforts to create more high-quality products in Germany out of concern for the general public's safety have accelerated the market for antiseptics and disinfectants.
The key factors driving the growth of disinfectant chemicals market are the increasing investments made in hospitals and clinics by both public and private organisations, the increase in patient volume, and the expansion of efforts to stop the public spread of infections by maintaining hygienic conditions.
North America is the largest disinfectant market, and it is expected to expand rapidly. The disinfectant chemicals market is expected to grow in the USA, owing to rising awareness about hygiene. Furthermore, rising healthcare demand, combined with an increase in hospital-acquired infections (HAI), drives disinfectant chemicals market growth.
Increased product demand from end-use industries such as automotive, construction, food & beverages, chemicals, and agriculture will fuel the growth of the North American disinfectant chemicals market.
Many start-ups around the world developed a variety of alternatives to conventional chemical-based decontaminants, which can clean surfaces and even microcavities, due to the increased risk of disinfectants to humans. Additionally, some of the most recent "no-touch" (automatic) decontamination methods include the use of aerosol and vaporised hydrogen peroxide, portable devices that produce continuous ultraviolet (UV-C) light, a pulsed-xenon UV light system, and high-intensity narrow-spectrum (405 nm) light. These "no-touch" techniques have been shown to reduce surface bacterial contamination.
During the forecast period, a healthy expansion is anticipated in the market for disinfectant chemicals worldwide. Consumption figures on the global market are significant, and it is predicted that they will increase annually. There are many both organised and unorganised industry players in the highly fragmented global disinfectant chemicals market. Manufacturers primarily concentrate on increasing production capacities, releasing new products on a regular basis, and collaborating with important stakeholders to outperform rivals.
DuPontTM EKCTM PCMP2110 cleaner, EKCTM PCMP3210 cleaner, and EKCTM 590 CuSolveTM remover were announced in June 2019 by DuPont Electronics & Imaging to support advanced semiconductor fabrication.
EKC Technology, a division of DuPont, creates materials for precision cleaning and surface preparation in semiconductor fabrication processes such as front- and back-end-of-line wafer processes, packaging, and assembly.
Disinfectants are chemicals that are applied to objects and surfaces in order to eliminate microorganisms that thrive on them. Different varieties of disinfectants are applied for different purposes. Some disinfectants are strong and are effective against a wide spectrum of microorganisms, while some are mild and applicable to eliminate only certain disease-causing organisms.
A variety of chemicals are used in different proportions to manufacture disinfectants applicable for various purposes. Alcohols such as ethanol and isopropanol have been observed to be good general-purpose disinfectants. 70% to 90% concentration of these alcohols can effectively act against lipophilic viruses. FDA has not registered any liquid chemical sterilant or high-level disinfectant with alcohol as the key active ingredient.
Numerous disinfectants are used alone or in combinations (e.g., hydrogen peroxide and peracetic acid) in the healthcare background. Commercial formulations based on these chemicals are considered unique products and must be registered with EPA or cleared by FDA.
The disinfectant market is driven by the general consciousness to disinfect surroundings and live healthily. The recent outbreaks of flu such as avian flu and swine flu and other infectious diseases in different parts of the world have triggered the use of disinfectants all over the world.
The initiatives of cleaning and disinfecting surroundings to contain such outbreaks of fatal diseases have been on the rise, with governments promoting disinfection in all public places and individual homes. The scarcity of safe drinking water in many parts of the world has also resulted in the growth of the water disinfectant market. Water disinfectants such as chloramines have witnessed high growth in recent years.
Hazardous health effects from the chemicals associated with the disinfectants prove to be the key restraining factor in the market growth. Likewise, while in close contact with humans and the environment, chemicals like sodium hypochlorite can help remove blood-borne infections while also causing detrimental consequences on human health and the environment.
Consequently, the increasing demand for other environmentally friendly disinfection treatments hampers the market growth.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
The market growth rate in the Asia Pacific region is high and the region is expected to account for a larger market share in the foreseeable future owing to its rising population as well as standard of living. The market growth for disinfectant chemicals is largely driven by the rising prevalence of chronic diseases.
Also, the significant increase in hospital admissions and the increasing number of surgical procedures in healthcare facilities boost the market growth. The soaring rate of the geriatric population in APAC requires supplementary hygienic measures, thereby increasing the demand for disinfectants in the Asia Pacific region.
Europe accounted for the second-largest market share in terms of demand followed by the Asia Pacific. Increasing governmental initiatives to develop quality products in concern towards public safety reinforced the growth rate of the antiseptics and disinfectants market.
Mounting investments in hospitals and clinics by both public and private organizations, the escalation in the flow of patients to the hospital, increasing measures to control the public spread of infections by maintaining hygienic conditions are the crucial factors bestowing the growth of the European disinfectants market.
North America is the largest market for disinfectants in the world and is expected to grow at a brisk pace in the foreseeable future The market is estimated to expand at a CAGR of over 8% CAGR during 2022 to 2032, driven by the rising awareness regarding cleanliness, personal health, and hygiene. Further, soaring demand from the healthcare sector coupled with increasing cases of hospital-acquired infections (HAI) promotes market growth.
Mounting product demand from end-use industries including automotive, construction, food & beverages, chemicals, agriculture, will cultivate the North American disinfectants and cleaning agents market growth.
Some of the key participants present in the global demand of the disinfectant chemicals market include DuPont, 3M, ABC Compounding Co., Inc., and Cardinal Health, Inc., among others.
In Jun 2019, DuPont Electronics & Imaging had announced three new chemistries to support advanced semiconductor fabrication: DuPont™ EKC™ PCMP2110 cleaner, EKC™ PCMP3210 cleaner, and EKC™ 590 CuSolve™ remover.
DuPont’s EKC Technology group develops materials for precision cleaning and surface preparation in semiconductor fabrication processes including front- and back-end-of-line wafer processes, packaging, and assembly.
Report Attributes | Details |
---|---|
Growth Rate | CAGR of 5% from 2022 to 2032 |
Base Year for Estimation | 2021 |
Historical Data | 2015 to 2020 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in USD Million, Volume in Kilotons, and CAGR from 2022 to 2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered | Type, End Users, Region |
Regions Covered | North America; Latin America; Western Europe; Eastern Europe; Asia Pacific Excluding Japan; Japan;Middle East and Africa |
Key Countries Profiled | USA, Canada, Brazil, Argentina, Germany, UK, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASEAN, GCC Countries, South Africa |
The market is likely to register a CAGR of 5% through 2032.
The market is currently valued at US$ 2.5 Bn in 2022.
The market is likely to grow to a valuation of US$ 4 Bn by 2032.
Asia Pacific is likely to be a leading market during the forecast period.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Product Type 5.1. Acids 5.2. Alcohols 5.3. Phenols 5.4. Halogens 5.5. Biguanides 5.6. Oxidizing Agents 5.7. Aldehydes 5.8. Quaternary Ammonium Compounds 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Activity 6.1. High Level Disinfectants 6.2. Intermediate Level Disinfectants 6.3. Low Level Disinfectants 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application 7.1. Water Disinfectants 7.2. Air Disinfectants 7.3. Surface Disinfectants 8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region 8.1. North America 8.2. Latin America 8.3. Europe 8.4. East Asia 8.5. South Asia & Pacific 8.6. MEA 9. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 10. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 11. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 12. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 13. South Asia & Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 14. MEA Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 15. Key Countries Market Analysis 16. Market Structure Analysis 17. Competition Analysis 17.1. BASF SE 17.2. Dupont Chemicals 17.3. Ashland Inc. 17.4. 3M Company 17.5. ABC Compounding Co. 17.6. Cardial Health Inc. 17.7. Troy Chemicals 17.8. Metrex Research Corp. 17.9. The Clorox Company 17.10. Ecolab Inc. 17.11. Sanosil AG 17.12. Kemira Oyj 18. Assumptions & Acronyms Used 19. Research Methodology
Chemicals & Materials
August 2024
REP-IN-87
302 pages
Explore Chemicals & Materials Insights
View Reports