Potential Risks from Epidemics, Drug-Resistant Viruses and the Resulting Focus on Safety, Health, and Sanitation Drives Demand for Disinfectants

The global market for Disinfectants is projected to reach US$8.0 billion by 2024, driven by potential risks from disease outbreaks, the rising need to address drug-resistant germs and inexplicable viruses, and growing demand for eco-friendly green disinfectants.

Disinfectants eliminate or inactivate viable pathogenic organisms and prevent proliferation of microorganisms including several types of disease-causing microbes such as bacteria, fungi and viruses. While cleaning removes most microorganisms, it often fails to kill harmful pathogens, leaving scope for contamination at critical points. Rather than covering all situations and surfaces, disinfection is used at critical points where growth of harmful pathogens can jeopardize quality or safety of man, machines, and medical devices. The global market for disinfectants is on a growth path, encouraged by rising concerns associated with the spread and impact of outbreaks of swine flu, MRSA, Ebola, Zika, and avian flu in recent years and other infectious diseases across the world and the resulting focus on the aspect of hygiene, health, and sanitation.

Future growth in the market will be driven by the rising need to address drug-resistant germs, and inexplicable viruses; and growing concerns about healthcare associated infections (HAIs) in healthcare settings. Sanitizing and disinfection of clinical devices and surfaces is one of the major end-use segments for disinfectants with alcohol-based disinfectants being the largest category used in healthcare settings. Growing prominence of eco-friendly ‘Green’ disinfectants and ultraviolet (UV) disinfection is poised to promote market expansion in the near term. Green disinfectants are produced using renewable and natural ingredients and are non-hazardous, non-toxic and biodegradable in nature, while UV disinfection provides an established, effective and scalable option for safeguarding clinicians and patients against infection.

Disinfectants market is also expected to benefit from technological advancements that employ natural resources to destroy harmful pathogens in addition to other innovations such as disinfection robots and self-disinfecting surfaces. While demand for disinfectants is surging globally, there are however challenges that restrict growth of the market. Certain disinfectants such as glutaraldehyde and formalin though effective in eliminating bacteria are toxic. Occupational exposure to such chemicals is highly hazardous, and appropriate precautions as well as protective apparel are critical.

As stated by the new market research report on Disinfectants, the United States represents the largest market worldwide, closely followed by Europe. Stringent regulations, strong demand from the healthcare industry, and steady launch of innovative solutions represent key factors driving growth in these matured markets. The unpenetrated and underpenetrated markets in Asia-Pacific, Middle East, and Latin America represent important growth markets. Asia-Pacific ranks as the fastest growing market worldwide with a CAGR of 10.3% over the analysis period. China and India represent the two major Asian countries with the highest potential driven by burgeoning manufacturing sectors and increasing focus on hygiene, health and better standards of living.

Key players in the market include 3M Company, ABC Compounding Co. Inc., Arrow Solutions, Arrow-Magnolia International Inc., Avmor, Betco, Diversey Inc., DR.SCHNELL Chemie GmbH, E. I. DuPont De Nemours and Company, Ecolab G.K., Ecolab Inc., Kao Corporation, Lion Corporation, Metrex Research LLC, National Chemical Laboratories Inc., PortionPac Chemical Corporation, Prestige Brands Inc., Procter & Gamble Co., Reckitt Benckiser Group plc, SC Johnson & Son Inc., Spartan Chemical Co. Inc., STERIS plc, The Clorox Company, Unilever Plc, Zep Inc., among others.

The research report titled “Disinfectants – Market Analysis, Trends, and Forecasts” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, growth drivers, product overview, product launches, and strategic corporate developments of key players. The report provides market estimates and projections for all major geographic markets including the United States, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India and Rest of Asia-Pacific), Middle East & Africa, and Latin America (Brazil and Rest of Latin America). Key product segments analyzed include Aerosol and Non-Aerosol Disinfectants. Major end-use markets analyzed include Industrial & Institutional, Healthcare, and Consumer Applications.

Global Industry Analysts, Inc. 6150 Hellyer Ave., San Jose CA 95138, USA, All Rights Reserved.

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