The global Disinfectant Chemicals Market has witnessed significant growth and transformation in recent years, driven by the increasing awareness of hygiene and sanitation, especially in the wake of the COVID-19 pandemic. Disinfectant chemicals play a crucial role in maintaining clean and pathogen-free environments across various industries, including healthcare, food and beverage, residential, commercial, and industrial sectors. According to the study, the report delves into the current trends, market dynamics, key players, and future prospects of the disinfectant chemicals market.
The disinfectant chemicals market is expected to continue its growth trajectory as hygiene awareness remains a top priority globally. Technological advancements, the development of sustainable solutions, and increased focus on pandemic preparedness will shape the market’s evolution. As industries increasingly emphasize safety and cleanliness, the disinfectant chemicals market is poised for further innovation and expansion.
The global Disinfectant Chemicals Market stands at US$ 2.5 Billion as of now and is expected to reach US$ 4 Billion by the year 2032 at a CAGR of 5% between 2022 and 2032.
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At the same time, it needs to be noted that chemical disinfectants broadly used in poultry facilities, healthcare facilities, hospitals, food product manufacturing plants, abattoirs, sanitary services for killing germs causing diseases could have flammable and explosive properties aplenty. Various disinfectants are likely to react aggressively with various unrelated compounds and emit poisonous gases that could put the lives of employees in danger.
There are numerous ways through which chemical disinfectants could enter human body – inhalation, ingestion, and absorption through mucous membranes or skin. Also, extensive usage of hand sanitizers could cause irritation to the skin due to presence of chemicals like chlorhexidine, alcohol, triclosan, and chloroxylenol. Plus, chemicals such as sodium hypochlorite, on close contact with environment and humans, could prove to be detrimental in the long run. These factors may restrain the disinfectant chemicals market in the forecast period. Future Market Insights has walked through these findings with insights in its latest market study entitled ‘Disinfectant Chemicals Market’. The team of consultants and analysts is there to work upon macros and micros herein.
“With increasing applications of disinfectant chemicals in food & beverages’ processing, healthcare, plastic, and textile industries, the global disinfectant chemicals market is bound to grow on a splendid note in the forecast period”, says an analyst from Future Market Insights.
Key Takeaways from Disinfectant Chemicals Market
- North America holds the largest market share. This could be attributed to increasing awareness regarding personal hygiene & health, cleanliness, rise in spending on healthcare, well-established healthcare infrastructure, and initiatives by governments of the US and Canada.
- Europe stands second on this count with government entities pushing for usage of disinfectant chemicals all over.
- Coming to the Asia-Pacific, countries like India and China are expected to rule the roost in the forecast period. This could be credited to a greater percentage of population contracting ventilator-associated pneumonia, central line-associated bloodstream infections, catheter-associated urinary tract infections, surgical site infection, and likewise.
- In MEA, call for effective sanitization is expected to bring about a drastic change in disinfectant chemicals market.
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Competitive Chemicals
- DuPont Electronics & Imaging, in June 2019, did announce 3 novel chemistries for extending support to advanced semiconductor fabrication – DuPont EKC 590 CuSolve remover, EKC PCMP3210 cleaner, and EKC PCMP2110 cleaner.
- Diversey Holdings, Ltd., in December 2021, completed acquisition of Birko Corporation along with its subsidiary ‘Chad Equipment LLC’. The basic purpose was to strengthen the foothold all across Canada and the US.
Some of the key participants present in the global market
- DuPont
- 3M
- ABC Compounding Co., Inc.
- Cardinal Health, Inc.
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Key Segments Covered in the Disinfectant Chemicals Market Report
Type:
- Liquids
- Sprays
- Wipes
- Others
End User:
- Hospitals
- Households
- Food & Beverages
- Others
Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- APEJ
- Japan
- Middle East & Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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