Disinfection Market Was Valued at USD 33,421.6 million in 2021 Owing to Increased Prevalence COVID-19 Cases

According to Precision Business Insights (PBI) latest report the global disinfection market is expected to be worth USD 36,643.9 million in 2022, growing at a 6.5% CAGR from 2022 to 2028. Global Disinfection Market is segmented into the following types: By Composition (Alcohols, Chlorine, Compounds, Quaternary Ammonium Compounds, Hydrogen Peroxide, Peracetic Acid, Other Compositions), By Material (Plastic, Glass, Metal) By Product Type (1000 ml) by Material (Surface Disinfection, Wound Disinfection, Hand Disinfection) End-users (Hospitals & Laboratories, Households, Industrial & Commercial, Others) and Geography (North America, Europe, Asia-Pacific, and Rest of the World) Forecast to 2028. Key player's profiles in the Disinfection market report BASF SE, The Clorox Company, 3M Company, Steris plc (Ireland), CarrollCLEAN (U.S.), GOJO Industries, Inc. (U.S.), The Clorox Company (U.S.), Metrex Research LLC. (U.S.), Diversey Holdings, Ltd. (U.S.), Ecolab Inc. (U.S.), S.C. Johnson & Son Inc. (U.S.), The Procter & Gamble Company (U.S.), Reckitt Benckiser Group PLC (U.K.), Tristel Plc (U.K.), and Paul Hartmann AG (Germany). Increase in the prevalence of hospital acquired infections coupled with outbreak of COVID-19 drastically increased the use of disinfecting agents across the globe. Moreover, rise in R&D activities for the launch of newer products, entry of start-ups into disinfectants manufacturing sector, and wide range of disinfectants available in the market are anticipated to burgeon the growth of market. In addition, players are focus to expand their business by collaborating with local distributors and online sales channels also immense boost to the market.

View the detailed report description here: https://precisionbusinessinsights.com/market-reports/disinfection-market/

Alcohol Segment Dominates the Disinfection Market:
In 2020, the alcohol segment accounted for a larger revenue share and the segment is projected to grow with a moderate CAGR from 2022 to 2028. Alcohol acts by denaturation of proteins and provides strong bacteriostatic action. Moreover, low cost of products, favorable regulations, and launch of newer products during the COVID pandemic are a few factors that influence the segment growth. In addition, hydrogen peroxide expected to grow significantly over the forecast years due to increase in the usage of hydrogen peroxide for water disinfection developed and developing countries

North America Leads Global Disinfection Market:
North America is expected to hold largest market share in the global disinfection market and the same trend is expected over the forecast period, owing to increasing rates of hospital-acquired infections, rise in number of surgical procedures and hospital admissions, and high awareness about the disinfection among the population. Europe is projected to grow at prominent growth rate over the forecast years attributed to launch of newer products by the market players coupled with increase in the adoption disinfecting chemicals by commercial and industrial sectors across Germany, France, Spain, UK, and other EU countries.

Strategic New Product Launches, Mergers, Acquisitions and Agreements are the key strategies adopted by market players:
Global Disinfection market further reveals that the key players increasingly adopting strategies such as launch of newer products, product launches, and long-term alliance to improve market revenue share and gaining significant geographic presence across the region. For instance, In 2020, Procter and Gamble launched new cleaning brand Microban 24, offers sanitizer spray and cleanser effective against surface antibacterial cleaning in bathroom for 24 hours

Request sample report: https://precisionbusinessinsights.com/request-sample?product_id=52715

Detailed Segmentation
Based on the composition, the market is segmented into the following:
• Alcohols
• Chlorine Compounds
• Quaternary Ammonium Compounds
• Hydrogen Peroxide
• Peracetic Acid
• Other Compositions

Based on the material, the market is segmented into the following:
• Plastic
• Glass
• Metal

Based on the Product Type, the market is segmented into the following:
• 1000 ml

Based on the Material, the market is segmented into the following:
• Surface Disinfection
• Wound Disinfection
• Hand Disinfection

Based on the End User, the market is segmented into the following:
• Hospitals & Laboratories
• Households
• Industrial & Commercial
• Others

Based on Geography, the market is segmented into the following:
• North America
• Europe
• Asia Pacific
• Latin America
• MEA

Contact:
Mr. Satya
Precision Business InsightsTM | Toll Free: +1 866 598 1553
Email: sales@precisionbusinessinsights.com
Kemp House, 152 - 160 City Road, London EC1V 2NX
Web: https://precisionbusinessinsights.com/ | D U N S® Number: 852781747

About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.

Precision Business Insights offers a variety of cost-effective and customized research services to meet research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.

This release was published on openPR.