Antiseptic and Disinfectant Market Will Grow at a CAGR of 6.3% | Valuates Reports

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BANGALORE, India, April 7, 2022 /PRNewswire/ -- The Global Antiseptic and Disinfectant Market is Segmented by Type (Quaternary Ammonium Compounds, Chlorine Compounds, Enzyme, Alcohols & Aldehyde Products), by Application (Medical Treatment, Chemical Industry, Food and Beverage).

Global Antiseptic and Disinfectant market size is about 46 Billion in 2021, growing at a CAGR of 6.3%.

Major factors driving the growth of the Antiseptic and Disinfectant market:

Factors such as the recent Covid-19 outbreak, the growing need to reduce HAI cases, the rising number of surgeries worldwide, the increasing percentage of hospitals and advanced healthcare facilities worldwide, and the rising trend of the health club and fitness centers are expected to propel the antiseptic and disinfectant market forward.

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TRENDS INFLUENCING THE GROWTH OF ANTISEPTIC AND DISINFECTANT MARKET:

COVID-19 outbreak is expected to drive the global antiseptics and disinfectants market during the forecast period. Sanitizing frequently is thought to be an effective way to stop the disease from spreading. The increase in the number of people infected with COVID-19 is driving up market demand. Sanitizing isolation wards and other areas where disinfectants are used is critical. Germ-borne illness can be reduced by frequently washing hands with antiseptic liquids. Manufacturers are putting in a lot of effort to supply the market with the required number of products. Furthermore, with the spread of COVID-19, the number of hospitals and clinics is growing, which is positively impacting the market growth.

The need to combat HAI (Hospital Acquired Infections) is expected to fuel the market for antiseptics and disinfectants. Because medical devices and endoscopes come into close contact with the skin and body, proper reprocessing is essential to prevent infection from spreading from one patient to the next. Approaches are required in hospitals to maintain adequate hygiene and sanitation, reducing the risk of HAIs. Throughout the forecast period, this trend is expected to fuel antiseptics and disinfectants market growth.

Furthermore, an increase in the number of surgeries performed globally is expected to drive antiseptics and disinfectants market growth over the forecast period.

The government is implementing a variety of policies and regulations to reduce the number of infections caused by HAIs and to raise awareness about personal and household hygiene, which is helping the antiseptic and disinfectant markets grow.

Chemicals are commonly used to sanitize and disinfect product contact surfaces in the food industry. These chemicals are a necessary and mandatory step in ensuring that the foods produced and consumed are free of microorganisms that can cause foodborne illnesses as possible. These factors are expected to further drive the growth of the Antiseptic and disinfectant market. Furthermore, industrial food production is governed by relatively strict legal regulations to protect consumers from poor hygiene and food poisoning, as well as manufacturers from damage claims and shutdowns. In the food and catering industry, hygiene regulations are just one of many requirements that manufacturers must meet.

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ANTISEPTIC AND DISINFECTANT MARKET SHARE ANALYSIS:

Based on region, North America is expected to be the most lucrative segment.

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• 3M
• Reckitt Benckiser
• STERIS plc
• Kimberly-Clark Corporation
• Bio-Cide International Inc.
• Cardinal Health
• Novartis AG
• BD
• Johnson & Johnson
• Company
• ABC Compounding
• Advanced Sterilization Products
• American Biotech Labs
• Angelini Pharma InC.
• Nufarm Limited
• Carefusion Corp
• Nanjing Golden Chemical
• Guangzhou Guyi Chemical, Science &Technology.

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SIMILAR REPORTS:

-  The global UV disinfection equipment market was valued at USD 1.3 Billion in 2019 and is projected to reach USD 5.7 Billion by 2027, growing at a CAGR of 17.1% from 2020 to 2027.

-  The global Surface Disinfectant market was valued at USD 729.5 Million in 2020 and it is expected to reach USD 1215.5 Million by the end of 2027, growing at a CAGR of 7.2% during 2021-2027.

-  The Alcohol Based Disinfectant market size is expected to grow from USD 1626.7 Million in 2020 to USD 2606.1 Million by 2027; it is expected to grow at a CAGR of 6.9% during 2021-2027.

-  The global Quaternary Ammonium Compounds market was valued at USD 1070.1 Million in 2020 and it is expected to reach USD 1548.1 Million by the end of 2027, growing at a CAGR of 5.4% during 2021-2027.

-  The cleanroom consumables market was valued at USD 3688.38 million in 2020, and it is anticipated to reach USD 6658.35 million by 2030, registering a CAGR of about 5.40% during the forecast period (2021 to 2030).

-  Due to the COVID-19 pandemic, the global Hand Sanitizers market size is estimated to be worth USD 2232.3 Million in 2022 and is forecast to be a readjusted size of USD 2940.6 Million by 2028 with a CAGR of 4.7% during the review period.

-  In 2020, the global Hydrogen Peroxide market size was USD 4909 Million and it is expected to reach USD 6632.6 Million by the end of 2027, with a CAGR of 4.3% during 2021-2027.

-  The global Surfactants market size is projected to reach USD 38320 Million by 2027, from USD 31910 Million in 2020, at a CAGR of 3.1% during 2021-2027.

-  The Global sodium hypochlorite market is projected to grow at a CAGR of 5.01% during the forecast period 2020-2026.

-  Global Disinfectant Wipes Market Outlook 2021

-  Global Antiseptic Products Market Outlook 2022

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