Disinfectants Market Trends and Strategic Outlook Report 2024 - 2031 | Solvay S.A., Unilever Group, Evonik Industries AG

Market Overview:

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:

The Disinfectants Market is expected to witness significant growth over the forecast period owing to increased awareness towards hygiene and cleanliness to prevent spread of infections and diseases. Growing concerns regarding health and hygiene is fueling demand for surface disinfectants from both household and commercial segments. Furthermore, rising adoption of disinfectants in healthcare facilities to prevent hospital acquired infections is also contributing towards the market growth. Recent COVID-19 pandemic has further boosted the market as disinfectants plays a vital role in curbing spread of the virus. Stringent regulations regarding hygiene and sanitation standards across industries will continue to drive the Disinfectants Market during the forecast period.

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Increasing Concern Over Healthcare-Associated Infections as a Major Market Driver

The disinfectants market is witnessing growth owing to the rising concern over healthcare-associated infections. Healthcare-associated infections significantly impact both patient outcomes and healthcare costs. It is estimated that over 700,000 people in the United States suffer from healthcare-associated infections each year leading to around 75,000 deaths. The need to curb such infections and create a hygienic healthcare environment is prompting facilities to invest more in using effective disinfection products. Various hospital-acquired infections such as surgical site infections, catheter-associated urinary tract infections, ventilator-associated pneumonia, and central line-associated bloodstream infections can be prevented through proper disinfection of medical devices and equipment as well as hospital surfaces. This is working in favor of increased demand for disinfectant chemicals and solutions.

Increased Demand from Food Processing Industry Presenting Opportunities

The growing demand for disinfectants from the food processing industry is creating new opportunities for manufacturers. Strict food safety has become imperative in the food industry in order to deliver safe and quality products to consumers. Various foodborne illnesses can be prevented by effectively sanitizing food plant equipment, surfaces, and packaging materials using appropriate disinfectants. This is driving increased consumption of disinfectants designed for food contact surfaces. Moreover, with the booming ready-to-eat food market, maintaining hygiene during food production has become more critical. Adopting proper disinfection protocols is essential to control microbes in food processing facilities. This expanding application area can further stimulate business opportunities in the food-grade disinfectants segment.

Sustainability Becoming an Important Market Trend

Growing sustainability concerns is one of the defining trends impacting the disinfectants industry. With heightened environmental awareness, manufacturers are facing pressure to offer eco-friendly products with minimal impact. There is increasing demand for greener disinfectants with biodegradable or naturally-derived ingredients. Disinfectant formulations with lower toxicity are gaining broader acceptance. Companies are investing in innovative green product ranges as well as sustainable packaging solutions. Adopting a lifecycle approach focusing on areas like ingredient sourcing, manufacturing processes, and disposal methods can help players capitalize on the sustainability trend. This emphasis on environmental stewardship and corporate social responsibility is an important trend influencing future business strategies across the disinfectants market.

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Top Companies Featured in This Report:

• Solvay S.A.
• Unilever Group
• Evonik Industries AG
• 3M Company
• Procter & Gamble Corporation
• dowdupont Inc.
• Lanxess AG
• BASF S.E.
• The Clorox Company
• Reckitt Benckiser Plc.

Market Segmentation:

By Product Type:

• By Product Type: Oxidising Agents, Phenolic, Quaternary Ammonium Compounds, Aldehydes
• By End-Use Industry: Healthcare, Food & Beverages, Chemical Processing Industry, 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)

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Report Highlights:

📈 Examination of navigation keyword market share at both country and regional levels

📈 Thorough analysis of the competitive landscape and emerging trends

📈 Detailed review of product advancements, technological developments, drivers, and limitations

📈 Strategic recommendations tailored for key business segments based on market insights

📈 Valuable guidance for newcomers venturing into the navigation keyword market

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Author Bio:

Alice Mutum is a seasoned senior content editor at Coherent Market Insights, leveraging extensive expertise gained from her previous role as a content writer. With seven years in content development, Alice masterfully employs SEO best practices and cutting-edge digital marketing strategies to craft high-ranking, impactful content. As an editor, she meticulously ensures flawless grammar and punctuation, precise data accuracy, and perfect alignment with audience needs in every research report. Alice's dedication to excellence and her strategic approach to content make her an invaluable asset in the world of market insights.

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