Disinfectants Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)
Fairfield Market Research, a leading market intelligence firm, has released a comprehensive study detailing the current state and future outlook of the global Disinfectants Market. The report indicates substantial growth potential, driven by increasing demand for sterile environments across various sectors.
Key Findings:
• The Disinfectants Market is estimated to be valued at US$ 7.9 billion in 2024, with a projected CAGR of 10.0% from 2024 to 2031.
• High-level disinfectants currently hold the largest market share, accounting for 59.1%.
• Factors such as rising infections, extended hospitalizations, and the need for sterility in healthcare, pharmaceutical, and biotechnology industries are propelling market growth.
Key Opportunities for Manufacturers:
“Increase in Number of Surgeries and Extended Hospitalizations”
• The surge in ambulatory surgeries, reaching 19.2 million in 2018 in the United States alone, necessitates stringent sterilization processes, driving demand for disinfectants.
• Healthcare guidelines recommend high-level disinfectants for sterilizing equipment to minimize cross-contamination risks.
Factors Restraining Market Growth:
“Growing Microbial Resistance Acting as Potential Restraint for Sales of Disinfectants”
• Overuse of disinfectants leading to microbial resistance poses challenges, necessitating innovative approaches to maintain efficacy.
• Health risks associated with improper disinfectant usage hinder market expansion.
Country-wise Insights:
“Rising Disease Burden Driving High Demand for Disinfectants in the United States”
• The United States dominates the North American market, with disinfectant sales expected to rise at a CAGR of 6.3% from 2022 to 2023, driven by COVID-19 concerns and regulatory requirements in pharmaceutical and biotechnology sectors.
“Increasing Investments in Research and Supportive Government Initiatives Propel Demand in Germany”
• Germany witnesses growing disinfectant usage due to stringent safety regulations across workplaces and healthcare settings, coupled with government initiatives supporting cleanliness standards.
“Rising Hospitalizations Due to Expanded Insurance Coverage Boosts Disinfectant Demand in China”
• China's healthcare sector experiences robust growth, fueled by demographic trends, urbanization, and expanded insurance coverage, driving increased hospital visits and demand for disinfectants.
Competitive Landscape:
The disinfectants market is highly fragmented, with key players employing strategies such as new product launches, acquisitions, and collaborations to expand market presence.
Key Companies Profiled in the market include:
• 3M
• Procter and Gamble
• Reckitt Benckiser Group PLC
• Ecolab
• Steris
• The Clorox Company
• Diversey Holdings Ltd.
• Cantel Medical
• CarrollCLEAN
• PAUL HARTMANN AG
• Metrex Research LLC
• Whiteley
• Medline Industries, Inc.
• GOJO Industries, Inc.
• Pharmax Pharmaceuticals FZ-LLC
• PDI, Inc.
• Becto, Inc.
• GESCO Healthcare Pvt. Ltd.
• MEDALKAN
• Lonza Group AG
• Contec, Inc.
• Cetylite Inc.
• Micro-Scientific
• BASF SE
• Evonik Industries AG
Key Segments of Disinfectants Industry Research
By Product:
• High-level Disinfectants
o Glutaraldehyde
o Formaldehyde
o Ortho-phthalaldehyde (OPA)
o Hydrogen Peroxide
o Peracetic Acid
o Chlorine Dioxide
o Alcohol + QAC
o Others
• Low-level Disinfectants
o Phenols
o Quaternary Ammonium Compounds (QACs)
o Hydrogen Peroxide + Peracetic Acid
o Bleach
o Others
• Intermediate-level Disinfectants
o Iodophors
o Sodium Hypochlorite
o Others
By Form:
• Liquid
• Gels & Lotions
• Wipes
• Sprays & Foams
By End User:
• Hospitals
• Dental Clinics
• Ambulatory Surgical Centers
• Reference Laboratories
• Rehabilitation Centers
• Long-term Care Centers
• Critical Care Centers
• Pharmaceutical and Biotechnology Companies
• Academic and Research Institutes and Diagnostic Laboratories
By Region:
• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• Middle East and Africa (MEA)
Please note: The PDF e-mail from publisher version of this report is for a global site license. Delivery Timelines - 5 working days.