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Disinfectants Market 2023 Size, Share Analysis, Top Trends And Forecast To 2032 | Major Players Are 3M Company, Johnson & Johnson, Reckitt Benckiser Group PLC, Bio-Cide International Inc., Cardinal Health Inc
Disinfectants Market
The Business Research Company's Disinfectants Global Market Report 2024 identifies Rising Hospital-Acquired Infections as the major driver for the Disinfectants Market's growth in the forecast period. The rising occurrence of hospital-acquired infections increased spending on disinfectant solutions globally, and this factor contributed to the global disinfectant market's growth. Patients sometimes get cured in hospitals but get infected by other diseases in hospitals themselves. This is called hospital-acquired infections (HAI). According to the World Health Organization (WHO), in Europe, nearly 41.31 million patients are infected by approximately 45.441 million episodes of healthcare-associated infections every year. The increase in safety towards patients in hospitals has boosted the spending on disinfecting solutions, which has resulted in the growth of the disinfectant market.
The disinfectants market size has grown rapidly in recent years. It will grow from $6.84 billion in 2023 to $7.57 billion in 2024 at a compound annual growth rate (CAGR) of 10.7%. The growth in the historic period can be attributed to infectious disease outbreaks, healthcare facilities, food safety, regulatory compliance.
The disinfectants market size is expected to see rapid growth in the next few years. It will grow to $12.35 billion in 2028 at a compound annual growth rate (CAGR) of 13.0%. The growth in the forecast period can be attributed to global health emergencies, aging population, increased travel and urbanization, green and sustainable practices. Major trends in the forecast period include antimicrobial resistance (amr), remote disinfection technologies, customized disinfection protocols, residential disinfection services.
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Major competitors in the Disinfectants Market are 3M Company, Johnson & Johnson, Reckitt Benckiser Group PLC, Bio-Cide International Inc., Cardinal Health Inc., Steris PLC, Procter & Gamble, Kimberly-Clark Corporation, Novartis AG, Becton, Dickinson and Company, ABC Compounding Co. Inc., Advanced Sterilization Products Services Inc., American Biotech Labs LLC., Angelini Pharma Inc., Nufarm Limited, Cantel Medical Corporation, Clorox Company, Ecolab Inc., Diversey Inc., CarroLLClean LLC, Whiteley Corporation, Gojo Industries Inc., SC Johnson & Son Inc., Best Sanitizers Inc., Himalaya Wellness Company, Henkel AG & Co. KGaA, Unilever PLC, Vi-Jon Laboratories Inc., Chattem Inc., Kutol Products Company Inc., Skinvisible Inc., Nice-Pak Products Inc., Lion Corporation, Medline Industries LP, Zep Inc., Betco Corporation.
A key trend in the Disinfectants Market includes Lysol's Innovative Air Sanitize. Major companies operating in the disinfectants market are developing innovative products such as Lysol Air Sanitizer to reduce the spread of airborne, illness-causing pathogens. The Lysol Air Sanitizer is a sanitizing spray approved by the EPA that kills 99.9% of airborne viruses and bacteria while eliminating odors in the air. For instance, in June 2023, Lysol, a US-based cleaning and disinfecting product manufacturer, launched Lysol Air Sanitizer to eliminate odors in the air by killing odor-causing bacteria. The Lysol Air Sanitizer's unique formula contains active molecules that are hygroscopic in nature, which allows the molecules to attach to microorganisms suspended in the air. Once attached, the molecules break down the structural membrane of the microorganism, leading to its destruction.
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The Disinfectants Market is segmented -
1) By Type: Quaternary Ammonium Compounds, Peracetic acid, Chlorine Compounds, Hydrogen Peroxide, Alcohols And Aldehyde Products, Other Types
2) By Form: Liquid, Sprays
3) By End User: Hospitals, Clinics, Domestic Users, Other End Users
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Disinfectants Market.
The Business Research Company's "Global Disinfectants Market Report 2024" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Disinfectants Market Include:
1. Executive Summary
2. Disinfectants Market Characteristics
3. Disinfectants Market Trends And Strategies
4. Disinfectants Market - Macro Economic Scenario
5. Global Disinfectants Market Size and Growth
……
31. Global Disinfectants Market Competitive Benchmarking
32. Global Disinfectants Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Disinfectants Market
34. Disinfectants Market Future Outlook and Potential Analysis
35. Appendix
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