Global Disinfectants Market is Projected to Cross US$6 Billion by 2020
Focus on
Sanitation Drives the Global Disinfectants Market, According to New Report by Global
Industry Analysts, Inc.
GIA launches
comprehensive analysis of industry segments, trends, growth drivers, market
share, market size and demand forecasts on the global Disinfectants
market. Global
Disinfectants market is projected to cross US$6 billion by 2020, driven by the growing focus on health,
safety and sanitation.
Growing emphasis
on health, safety and sanitation is fuelling demand for disinfectants across industries
such as food processing, healthcare and consumer. Industrial cleaning, maintenance
and sanitation are gaining in prominence against a backdrop of tightening sanitation
and public health regulations. In the food processing industry, concerns over
contamination are encouraging food plant sanitation and thus demand for disinfectants
to sanitize food preparation surfaces. In the healthcare sector, demand for
disinfectants is driven by the implementation of intensive infection control
programs to prevent the spread of infectious diseases. Periodic disinfection helps
in reducing infections, including reverse outbreak of diseases in hospitals and
health clinics. In the consumer sector, growing awareness over household
sanitation is driving growth.
Growth in the healthcare
sector, in the coming years, is forecast to be driven by the rising number of
surgical procedures performed on the aging population, vulnerable to numerous
health conditions. With safety of patients and healthcare workers gaining in importance,
demand for hand sanitizers, ortho-phthalaldehyde (OPA), peracetic acid
instrument disinfectants, and surface disinfectants, is poised to grow strong,
especially in the field of surgery. Disinfectants are extensively used for
disinfecting surgical gloves, examination gloves, surgical instruments and
surfaces among others. Growth in the market is also driven by the increase in
the spread of infectious diseases. The last decade witnessed the outbreak of
H1N1 virus and avian influenza. The year 2014 witnessed the outbreak of the Ebola,
which further raised the emphasis on hand and surface disinfection measures.
Environment friendly
disinfectants are expected to grow in popularity, given the rising concerns
over the hazards caused by residual disinfectants on surfaces like floors,
walls, utensils, medical equipment. The tightening regulatory ecosystem
governing the production and use of disinfectants is leading manufacturers of household
cleaning agents to develop eco-friendly, and green products. Rise in voluntary environmental
stewardship among consumers and increased corporate environmental
responsibility are principle factors responsible for the rapidly shifting
preference for eco-friendly products. Manufacturers are therefore investing resources
in developing innovative eco-friendly cleaning products.
As stated by
the new market research report on Disinfectants, the United States represents
the largest market worldwide. While the
developed markets in the West continue to saturate, future growth is expected to
come from developing countries such as India and China. Emerging markets such
as the Middle East & Africa, Asia-Pacific and Latin America are forecast to
lead growth over the analysis period led by growing population, GDP growth, rising
standards of living, discretionary spends and increasing focus on hygiene,
health and better living.
Major players covered
in the report include 3M Company, ABC Compounding Company, Ecolab Inc., E. I.
DuPont De Nemours and Company, Henkel AG & Co. KGaA, Kao Corporation,
Medical Chemical Corporation, Metrex Research LLC, Prestige Brands Inc.,
Procter & Gamble Co., RB Plc., SC Johnson & Son Inc., Sealed Air
Corporation, Steris Corp, The Clorox Company, Unilever Plc and Zep Inc., among
others.
Comments
Post a Comment