Sanitizing Agents Market Worth 32.34 USD billion by 2029, Growth at 7.8% CAGR | 3M, Reckitt Benckiser, STERIS plc

Exactitude Consultancy Market Research analyses that the Sanitizing Agents Market will witness a CAGR of 7.8% for the forecast period of 2023-2029 and is likely 16.90 USD billion in 2022 to reach at 32.34 USD billion by 2029.

Research report on the Sanitizing Agents market allows buyers to deliver unique solutions to various end users and improve their business presence in the industry. The report is introduced with accurate statistics regarding market share, size, and growth rate for the buyers to focus on their operations and achieve various goals smoothly. Numerous driving factors, restraints, opportunities, and threats affecting the Sanitizing Agents market growth is described in the study for the strategy planners to plan policies pertaining to production volume, delivery of services, making connections, and creating awareness in the minds of consumers.

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Market Dynamics

Growing cases of hospital-acquired diseases

Increasing the incidence of hospital-acquired infections (HAIs) will expand the growth of the global Sanitizing Agents market globally. HAIs occur specifically during a patient's stay at hospitals and some related facilities. They are termed as nosocomial infections. These infections include hospital-acquired pneumonia, surgical site infections, bloodstream infections, urinary tract infections, and others. Moreover, patient's immune status, longer hospital stays, older age is some of the factors additionally contributing to the industry progression. Thus, in order to reduce the rate of HAIs, numerous regulatory guidelines are adopted to decline the prevalence of infections.

Rising government support

Government initiatives to minimize the cases of HAIs and to create awareness regarding personal and home hygiene are anticipated to create growth opportunities for the market players. Growing awareness, particularly across the developing countries, such as the Asia Pacific, the Middle East, and Africa, and Latin America is expected to further boost the market over the forecast period. Further, growth in the pharmaceutical industry is expected to support the growth of the global Sanitizing Agents market. According to the International Federation of Pharmaceutical Manufacturers & Associations, the global pharmaceutical industry is projected to estimate for US$ 1,430 billion by 2022, thus growing demand for disinfectants.

Prominent Key players of the Sanitizing Agents Market survey report:

Historical data available in the report elaborates on the development of the Sanitizing Agents on national, regional and international levels. Market Research Report presents a detailed analysis based on the thorough research of the overall market, particularly on questions that border on the market size, growth scenario, potential opportunities, operation landscape, trend analysis, and competitive analysis. Some Key Competitors of the Market are - 3M, Reckitt Benckiser, STERIS plc, Kimberly-Clark Corporation, Bio-Cide International Inc., Cardinal Health, Novartis AG, Johnson& Johnson, Peroxy Chem, Badger Fabrication, Hydriyte Chemical Company, IVH-Germany, Seatax Ltd., Troy Chemical Industries.

✦ January 2022: Henkel Corporation planned to combine its beauty care business with laundry & home care segment. The company is aiming to create new consumer brands through combined new platform.

✦ December 2021: Unilever launched a new dishwashing liquid with 100% naturally derived ingredients. The product is more renewable, 99% biodegradable and launched in the bottles made with 100& recyclable plastics. The company is aiming to reduce the carbon footprints and reduce the dependency on fossil-based ingredients.

✦ April 2021: Unilever launched world-first laundry capsule in market made from industrial carbon emissions. The company collaborated with LanzaTech and India Glycols to produce a surfactant made from industrial carbon emissions instead of from fossil fuels. The innovative shift in production utilizes biotechnologies and a newly configured supply chain between the three partners, who are working together for the first time.

Sanitizing Agents Market Segmentation:

Sanitizing Agents Market by Process Type, 2023-2029, (USD Million)

» Physical Sanitation

» Hot Water

» Steam

» Chemical Sanitation

» Alkaline Based

» Chlorine Compounds

» Quaternary Ammonium Compounds

» Acid Based

» Alcohol

» Hydrogen Peroxide

» Peracetic Acid

» Anionic Acids

» Iodophors

Sanitizing Agents Market by Industrial Vertical, 2023-2029, (USD Million)

» Food & Beverages

» Retail & Consumer Industry

» Hospital Settings

» Diagnostic Laboratories

» Pharmaceutical & Biotechnology Companies

» Research Laboratories

» Brewery Industry

» Others

The regional outlook by revenue covers the countries namely:

✦ North America (United States, Canada and Mexico)

✦ Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

✦ Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

✦ South America (Brazil, Argentina, Colombia, and Rest of South America)

✦ Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

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Key Features of the Sanitizing Agents Market Report: -

⇨  Analyse competitive developments such as expansions, deployments, new product launches, and market acquisitions.

⇨  Examine the market opportunities for stakeholders by identifying higher growth sections.

⇨  To study and analyse the global Sanitizing Agents industry status and forecast including key regions.

⇨  An in-depth analysis of key product segments and application spectrum, providing strategic recommendations to incumbents and new entrants to give them a competitive advantage over others.

⇨  It provides a comprehensive analysis of key regions of the industry as well as a SWOT analysis and Porter's Five Forces analysis to provide a deeper understanding of the market.

⇨  It helps you make strategic business decisions and investment plans.

Competitive Landscape

Competition has been growing for the Sanitizing Agents industry as the supply and demand has been on an increasing trend sine past decade. This report gives a detailed analysis of the presence of various small, medium and micro enterprises in the industry of numerous scales, their relative sizes, product offerings, and market positions in the pre and post pandemic situations. Additionally, the report provides an overview of the competitor strategy with regards to business and corporate office and functions have been provided. The report also mentions about the operations, technology infrastructure, marketing strategies and financial capabilities. Thus, the report gives a very good understanding of the market to the shareholders and stakeholders from an overall perspective.

Highlight the Following Key Factors:

â–º Business Description: a particular description of agency operations and enterprise departments.

â–º Company Strategy: The analyst's precis of the company's commercial enterprise strategy.

â–º SWOT Analysis: Detailed evaluation of the company's strengths, weaknesses, opportunities, and threats.

â–º Company History: The development of predominant occasions associated to the company.

â–º Main merchandise and services: A listing of the company's fundamental products, services, and brands.

â–º Main Competitors: A listing of the company's fundamental competitors.

â–º Important places and subsidiaries: The company's major places and subsidiaries' listing and contact information.

â–º Detailed economic ratios of the previous 5 years: The trendy monetary ratios come from the annual economic statements issued by means of agencies with a record of 5 years.

Table of Contents

Global Sanitizing Agents Market Research Report 2023-2029

1 Sanitizing Agents Market Overview

1.1 Product Overview and Scope of Sanitizing Agents

1.2 Sanitizing Agents Segment by Type (Product Category)

1.3 Global Sanitizing Agents market Segment by Application

1.4 Global Sanitizing Agents Market by Region (2023-2029)

1.4.1 Global Sanitizing Agents Market Size (Value) and CAGR (%) Comparison by Region (2023-2029)

1.4.2 North America Status and Prospect (2023-2029

1.4.3 Europe Status and Prospect (2023-2029)

1.4.4 China Status and Prospect (2023-2029)

1.4.5 Japan Status and Prospect (2023-2029)

1.4.6 Southeast Asia Status and Prospect (2023-2029)

1.4.7 India Status and Prospect (2023-2029)

1.5 Global Market Size (Value) of Sanitizing Agents (2023-2029)

1.5.1 Global Sanitizing Agents Revenue Status and Outlook (2023-2029)

1.5.2 Global Sanitizing Agents Capacity, Production Status and Outlook (2023-2029)

…

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