Press release
Disinfectants Market to Witness a Pronounce Growth During 2024 - 2031 | PDI, Inc., 3M, Reckitt Benckiser Group PLC
Disinfectants Market
The disinfectants market is estimated to be valued at USD 9.72 Bn in 2024 and is expected to reach USD 15.72 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 7.1% from 2024 to 2031.
Market Dynamics:
Growth in the disinfectants market is driven by rising prevalence of healthcare-associated infections and implementation of stringent hygiene regulations globally. Healthcare-associated infections are some of the most common and costly adverse events in healthcare facilities worldwide. According to the World Health Organization, around 1.4 million people contract healthcare associated infections annually. Furthermore, growing awareness about benefits of disinfectants in preventing transmission of infections is another key factor expected to propel the demand. Stringent regulations regarding hygienic processing, packaging, and distribution of food products are also driving adoption of disinfectants in food industry.
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Restrain: Stringent regulations around chemical formulation of disinfectant products
Chemical disinfectant products are strictly regulated by various government agencies globally with respect to their content, formulations and usage claims. Regulatory protocols ensure that approved disinfectants have minimum toxicity concerns and meet certain performance benchmarks to guarantee effectiveness. Any changes to the formulations require rigorous re-testing and fresh approvals. This regulatory scrutiny poses challenges for market players in terms of compliance, testing and product development costs. It also prolongs the launch cycles of new and improved formulations. The COVID-19 driven surge in demand has prompted some regulators to fast-track approvals temporarily. However, the stringent norms continue to restrain product innovation and portfolio expansion to an extent. Manufacturers have also faced disruptions and delays during the pandemic in getting new formulations registered. The highly regulated nature adds to the overall business complexity in this market.
Opportunity: Rising demand for sustainable and eco-friendly disinfectant solutions
With growing environmental consciousness, consumers and businesses are looking beyond effectiveness to the environmental sustainability of disinfectant offerings. There is a clear market opportunity in developing green disinfectants that are plant-based, eco-friendly and leave minimal carbon footprint. Bio-based formulations derived from essential oils and plant extracts offer a promising alternative to synthetic chemicals. These natural disinfectants are gaining appeal for their wholesome credentials and minimal toxicity. With the pandemic emphasizing on deeper cleanliness, B2B users are also evaluating sustainable disinfection options. Manufacturers integrating principles of green chemistry can gain entry in new market segments. R&D efforts to engineer bio-degradable products compliant with industrial usage also present growth opportunities. Sustainable innovations can address the dual demands of performance and eco-friendliness in the dynamic disinfectants industry.
Trend: Rising preference for automated disinfection technology and equipment
Advanced automation integrated with disinfection is an emerging trend in both healthcare and industrial end-use settings. Adoption of automated disinfection equipment powered by UV-C light, vaporized hydrogen peroxide or other sanitizing technologies help optimize disinfection efficiency while minimizing manual intervention and associated safety risks. They also facilitate remote monitoring and control of cleanliness protocols. Healthcare facilities are increasingly investing in autonomous disinfection robots that can disinfect patient rooms and common areas as per pre-set schedules. Industry players are witnessing uptake for smart disinfection cabins, fogging machines and chambers tailored for factories, warehouses,
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Top Companies Featured in This Report:
★ PDI Inc.
★ 3M
★ Reckitt Benckiser Group PLC
★ Procter & Gamble
★ The Clorox Company
★ Steris PLC
★ Ecolab Inc.
★ Johnson & Johnson
★ Kimberly-Clark Worldwide
★ Inc
★ Lonza
★ GOJO Industries Inc.
★ Spartan Chemical Company Inc.
★ W.W. Grainger Inc.
★ Medline Industries
★ LP.
★ BODE Chemie GmbH
★ CCM GMBH
★ Aditya Birla Chemicals
★ Carenowmedical
★ Whiteley
★ B Braun
★ Sanichem
★ Intercare
Market Segmentation:
By Product Type:
★ By Product Type: Oxidizing Agents (Sodium Hypochlorite, Chlorine Dioxide, Hydrogen Peroxide, Peracetic Acid, and Others), Phenolic, Quaternary Ammonium Compounds, Aldehydes, and Others
★ By End-use Industry: Healthcare (Hospitals and Clinics, Diagnostic Laboratories, Pharmaceutical and Biotechnology Companies, Academic and Research Institutes, Others), Food & Beverages, Chemical Processing Industry, and Others
Key Regions/Countries Classified as Follows:
» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
Key Insights from the Global Disinfectants Market Analysis:
Market Size Evaluation: Assessing the value and sales volume of the Disinfectants market spanning from 2024 to 2031.
Market Trends and Dynamics: Analyzing the drivers, opportunities, challenges, and risks influencing the Disinfectants market.
Macro-economic and Regional Impacts: Exploring how global inflation and geopolitical events affect the Disinfectants market.
Segment Analysis: Examining the market value and sales volume of Disinfectants by type and application from 2024 to 2031.
Regional Market Overview: Assessing the current situations and future prospects of the Disinfectants market in different regions.
Country-level Studies: Providing insights into revenue and sales volume for major countries within each region.
The report also delves into the competitive landscape, key players, trade patterns, industry value chain, recent news, policies, and regulations. Should you have any inquiries or require customization options, please don't hesitate to contact us.
In summary, whether you're engaged in manufacturing, distribution, or investment within the Disinfectants sector, this report furnishes invaluable insights into market segments, drivers, challenges, investment prospects, regional dynamics, major players, growth strategies, prevailing trends, and hurdles influencing the industry's expansion.
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Author Bio:
Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. (https://www.linkedin.com/in/money-singh-590844163)
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Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
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