Disinfectants Market (By Type: Quaternary Ammonium Compounds, Chlorine Compounds, Phenolic Compounds, Hydrogen Peroxide, Ethylene Oxide, Aldehydes, Alcohols, Iodine, and Others; By Mechanism of Action; By End User: Healthcare Providers, Commercial Users, and Domestic Users) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2021-2030

Published Date : Jul 2021 | No. of Pages : 150+ Pages | Category : Healthcare

The global disinfectants market value reached at US$ 6.8 Bn in 2020 and predicted to hit around US$ 14.8 billion by 2030, expanding at a noteworthy CAGR of 7.1% from 2021 to 2030.

Disinfectant is a chemical agent used on hard surfaces, and in water to destroy, inactivate, or significantly reduce the concentration of pathogens such as bacteria, viruses, and fungi. Using the right type of disinfectant regularly helps to prevent the spread of diseases. Several broad categories of disinfectants are used in commercial and industrial facility maintenance.

Rise in Awareness about Cleanliness and Hygiene among Population to Drive Disinfectants Market

Population across the world, especially in developing countries, has become more aware of the importance of hygiene and cleanliness. This is likely to lead to an increase in their spending on surface disinfectant products for sanitizing various surfaces such as floors, walls, tiles, ceilings, washrooms, and furniture. The rise in trend toward urbanization is anticipated to boost the growth of the global disinfectants market, due to increased investment in the construction of residential and commercial buildings.

Key Restraint

Overuse of surface disinfectants can lead to microbes developing resistance to these products. In such cases, the strength of chemical compounds has to be increased. However, this cannot be a continuous process, as excessive utilization of chemicals can have unhealthy and harmful effects on humans. This leads to a problem of products becoming ineffective over a period of time and could lead to the search for alternatives to disinfectants.

Key Opportunity

Several companies focus on expanding the reach of their products by growing their operational frameworks.

For instance, the World Health Organization has been organizing healthcare programs to prevent the spread of infectious disease by using antiseptics and disinfectants.

Globally, at least 1 in 4 patients in intensive care will acquire an infection during stay in the hospital. In developing countries, this estimate could be doubled.

Existing players have recorded rise in revenue from the sale of antiseptic and disinfectant products due to increase in demand for these pharmaceutical products in the U.S., Europe, Latin America, and Asia Pacific.

Countries such as India and China focus on improving primary healthcare policies. The overall healthcare expenditure of these countries is expected to increase at an annual average rate of 17% and 14%, respectively. This creates opportunities for disinfectant manufacturers.

Awareness about Eco-friendly Disinfectants Creates Business Opportunities

Hospital-grade eco-friendly disinfectants are growing popular in the market landscape. Analysts at the Transparency Market Research (TMR) opine that eco-friendly disinfection will pave the way for innovations in products post the COVID-19 pandemic. Manufacturers in the disinfectants market are boosting their output capacities in eco-friendly solutions that establish targeted killing of organisms without affecting the surfaces upon which they are applied.

Eco-friendly disinfectants are emerging as a potential threat to the sales of liquids made from alcohols, aldehydes, and ammonium compounds. Hence, manufacturers in the disinfectants market should increase their R&D and expand their product portfolio of eco-friendly disinfectants to capitalize on incremental opportunities. Even consumers have become cognizant about the harmful effects of chemical disinfectants on the environment. Manufacturers in the disinfectants market are focusing on business expansion opportunities keeping in mind healthcare providers, as these end users are likely to dictate the highest revenue during the forecast period.

Vehicle Disinfectant Bays Gain Visibility at Check-posts for Quick Car Disinfection

The coronavirus pandemic has led to several business avenues for companies in the disinfectants market. The newly introduced foot-operated, height adjustable, hands-free sanitizer dispenser stand and applications in the hospitality industry are generating value grab opportunities for manufacturers in the disinfectants market. Vehicle disinfectant bays are being highly publicized for automatically disinfecting vehicles.

Cost and time efficiency attributes of vehicle disinfectant bays are grabbing the attention of stakeholders in various commercial sectors. The growing number of state borders and check-posts are using vehicle disinfectant bays to complete the disinfection process of cars in a very short time without much effort. Foot-operated, height adjustable hands-free sanitizer dispenser stands are gaining visibility in residential, commercial, and industrial applications.

Electrochemically Activated Solution Disinfection Prove to be Game Changer in Industrial Cleaning Applications

The disinfectants market is projected to advance at a favorable CAGR of 7.1% during the assessment period. Cutting-edge industrial disinfection technologies are translating into revenue opportunities for manufacturers. Manufacturers are increasing efforts to meet the demand for industrial scale disinfection technologies such as electrochemically activated solution disinfection (ECAS), owing to the coronavirus pandemic. They are increasing the availability for non-toxic and effective products that can be used in food and industrial cleaning applications. Effective and sustained disinfection practices at public places and hospitals are establishing stable and long-term revenue streams for manufacturers.

Report Highlights

In terms of type, the global disinfectants market has been classified into quaternary ammonium compounds, chlorine compounds, phenolic compounds, hydrogen peroxide, ethylene oxide, aldehydes, alcohols, iodine, and others. Hydrogen peroxide, when formulated as ready-to-use disinfectant, is quite effective on microorganism. Hydrogen peroxide-based products are considered greener and more sustainable for the environment, as it breaks down into the naturally occurring elements of hydrogen and oxygen. Rise in utilization of hydrogen peroxide for disinfecting surgical, pharmaceutical, and life-science instruments and increase in the number of hospitals across the globe drives the segment.

Based on mechanism of action, the global disinfectants market has been categorized into high level disinfectants, intermediate level disinfectants, and low level disinfectants. The high level disinfectants segment held a major share of the global market in 2020, as high level disinfectants are considered safe and proven technology for reprocessing noninvasive devices due to their chemical properties.

In terms of end user, the global disinfectants market has been divided into healthcare providers, commercial users, and domestic users. Increase in research & development by various companies for more efficient preprocessors and rise in the use of endoscopes and accessories in hospitals and clinics are likely to boost the healthcare providers segment.

In terms of region, the global disinfectants market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global disinfectants market in 2020, followed by Europe. North America accounted for a major share of the global disinfectants market in 2020, due to significant ongoing research & development activities, high level of awareness about cleanness among the end users, increase in demand for non-disposable surgical instruments such as endoscopy devices, distractors, and forceps, which require frequent sterilization.

Key Players

The global disinfectants market is fragmented in terms of number of players. Key players in the global disinfectants market include 3M, BD, Cardinal Health, Inc., STERIS plc, Kimberly-Clark Corporation, Reckitt Benckiser Group plc, Getinge AB, Kimberly-Clark Corporation, Ecolab, Inc., The Clorox Company, and Cantel Medical Corp.

Market Segmentation

  • By Type
    • Quaternary Ammonium Compounds
    • Chlorine Compounds
    • Phenolic Compounds
    • Hydrogen Peroxide
    • Ethylene Oxide
    • Aldehydes
    • Alcohols
    • Iodine
    • Others
  • By Mechanism of Action
    • High Level Disinfectants
    • Intermediate Level Disinfectants
    • Low Level Disinfectants
  • By End User
    • Healthcare Providers
    • Commercial Users
    • Domestic Users
  • By Region
    • North America
      • U.S.
      • Canada
    • Europe
      • Germany
      • U.K.
      • France
      • Italy
      • Spain
      • Rest of Europe
    • Asia Pacific          
      • China
      • India
      • Japan
      • Australia & New Zealand
      • Rest of Asia Pacific
    • Latin America
      • Brazil
      • Mexico
      • Rest of Latin America
    • Middle East & Africa
      • GCC Countries
      • South Africa
      • Rest of Middle East & Africa

The Disinfectants market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Disinfectants market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Disinfectants market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Disinfectants market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Disinfectants market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Disinfectants capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Disinfectants by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Disinfectants market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Disinfectants market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Disinfectants market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Disinfectants industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

Disinfectants market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Disinfectants market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Disinfectants market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Disinfectants market. These factors have benefited the growth of the global market for Disinfectants. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Disinfectants. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

Major Key Points Covered in Report:

Executive Summary: It includes key trends of the disinfectants market related to products, applications, and other crucial factors. It also provides analysis of the competitive landscape and CAGR and market size of the disinfectants market based on production and revenue.

Production and Consumption by Region: It covers all regional markets to which the research study relates. Prices and key players in addition to production and consumption in each regional market are discussed.

Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the Disinfectants market.

Market Segments: This part of the report discusses about product, application and other segments of the disinfectants market based on market share, CAGR, market size, and various other factors.

Research Methodology: This section discusses about the research methodology and approach used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.

In this study, the years considered to estimate the market size of Disinfectants are as follows:

  • History Year: 2017-2020
  • Base Year: 2020
  • Forecast Year 2021 to 2030

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Market Size Estimation

Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).

The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.

Secondary Sources

Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.

Primary Sources

 In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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