The Disinfectant Agents Market Is Set To Grow Over 7.8% By 2029, By Increasing Investments In The Development Of Environmentally Friendly Acid-Based Chemicals: Reports By Accuracy Consultancy

The Disinfectant Agents Market Size is Expected to Reach $32.34 billion by 2029; Disinfecting agents are a necessary sanitary product to maintain hygiene and cleanliness in homes and environments

PUNE, India, September 21, 2022 /PRNewswire/ — Sanitation has become an important aspect of major industrial processes and business sectors. Disinfecting agents are used more frequently to maintain a level of sanitation. Growing awareness of the importance of food product quality is one of the main reasons why the demand for sanitizing agents is expected to rise owing to their effectiveness and cost-effectiveness.

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The Global Disinfectant Agents Market is Expected to Grow from $16.90 billion in 2021 for $32.34 billion by 2029, at a CAGR of 7.8% over the forecast period 2022-2029

Major health issues are expected to drive the demand for disinfectants. Foodborne outbreaks are a major factor influencing the use of disinfectants. For example, the Food Quality and Safety Agency published a report indicating that foodborne outbreaks in Brazil approximately 2,900 illnesses over a six-year period. Such incidents increase the demand for disinfectant agents of physical and chemical nature, such as chlorine dioxide and quaternary ammonium, drive the disinfectant agent market.

Development of key industry

  • 27/7/2021 – Reckitt Benckiser shares hit as cleaning products boom moderates

Reckitt Benckiser warned that a boom in demand for disinfectants and surface cleaners has moderated while commodity cost pressures have intensified, sending shares of the household products group down sharply.

  • 01/12/21- STERIS Announces Definitive Agreement to Acquire Cantel Medical

STERIS plc (“STERIS” or the “Company”) and Cantel Medical Corp (NYSE:CMD) (“Cantel”) today announced that STERIS has signed a definitive agreement to acquire Cantel, through a US subsidiary.

Due to increased investment in the development of environmentally friendly acid-based chemicals, the Asian market will witness an increase in investment in the disinfectant agent market.

Asian countries are increasing their investments in the production of disinfectant agents. These investments reflect the importance of disinfectants in the Asian market. For example, Indian Peroxide Ltd. announced the opening of a new hydrogen peroxide production plant in the Indian state of Gujarat.

Disinfection Regulations to Effectively Govern the Disinfectant Agents Market

The major drivers for the growth of the disinfectant agent market are stringent regulations for maintaining disinfection in industries such as food, pharmaceutical, and others. For example, Toronto Public Health recently closed one restaurant and issued conditional passes to ten others due to various factors, one of which was sanitation.

Report attribute

Details

Market size value in 2021

$16.90 billion

Revenue forecasts in 2029

$32.34 billion

Rate of growth

CAGR of 7.8% from 2022 to 2029

Base year for the estimate

2020

Historical data

2017 – 2021

Forecast period

2022 – 2029

Quantitative units

Volume in Kilotons, Revenue in USD Million/Billion and CAGR from 2022 to 2029

Report cover

Volume Forecast, Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors and Trends

Segments Covered

Resin, application, region

Regional scope

North America; Europe; Asia Pacific; Central and South America; Middle East and Africa

Country scope

WE; Canada; Mexico; Germany; UK; France; Italy; Russia and CIS countries; Benelux; Turkey; Spain; Swiss; Sweden; Poland; Austria; Norway; Denmark; Finland; Portugal; Czech Republic (CZ); Slovenia; China; India; Japan; Thailand; Brazil; Argentina; Saudi Arabia; South Africa

Profiled Key Companies

3M, Reckitt Benckiser, STERIS plc, Kimberly-Clark Corporation, Bio-Cide International Inc., Cardinal Health, Novartis AG, Johnson& Johnson, Peroxy Chem, Badger Fabrication, Hydriyte Chemical Company, IVH-Germany, Seatax Ltd., Troy Chemical Industries , and Maclin Group

Scope of customization

Report customization (equivalent to up to 8 analyst business days) with purchase. Add or change country, region and segment scope

Players in the Sanitation Agents Market will gain more profits from the changing requirements of sanitation

The Disinfectant Agents market players are increasingly strategizing for their future actions to gain significant competitive advantage and offer enhanced products to the market. Among the key actions that govern the business growth of these disinfectant agent vendors are acquisition and collaboration strategies.

Major players include 3MReckitt Benckiser, STERIS plc, Kimberly-Clark Corporation, Bio-Cide International Inc., Cardinal Health, Novartis AG, Johnson& Johnson, Peroxy Chem, Badger Fabrication, Hydriyte Chemical Company, IVH-Germany, Seatax Ltd., Troy Chemical Industries, and Maclin Group.

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Key Market Segments: Disinfectant Agents Market

Disinfectant Agents Market by Process Type, 2020-2029, (USD Million)

  • Physical sanitation
  • chemical sanitation
    • Alkaline based
      • Chlorine compounds
      • Quaternary ammonium compounds
    • acid based
      • Alcohol
      • Hydrogen peroxide
      • peracetic acid
      • Anionic acids
      • Iodophors

Disinfectant Agents Market by Industry Vertical, 2020-2029, (USD Million)

  • Food and drinks
  • Retail and consumer industry
  • Hospital parameters
  • Diagnostic laboratories
  • Pharmaceutical and biotechnology companies
  • Research laboratories
  • brewing industry
  • Others

Disinfectant Agents Market by Region, 2020-2029, (USD Million)

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East and Africa

Drivers and Restrictions

Increase the demands of several sectors to drive the progress of the market

The applications of disinfectants are increasing rapidly in the food and beverage, textile and home care sectors. Its disinfectant capacity and effectiveness should increase its adoption. Growing consumer awareness of hygiene is expected to boost its sales. Additionally, the adoption of the product as an ingredient in hand wash, shampoo, cleaning products, detergents and sanitizers is expected to drive product demand. It is used in several Industrial cleaning applications to remove dust particles, by-products, soil and other impurities. The growing adoption of the product in hospitals and other medical institutions is expected to boost its sales. Rising per capita income and changing consumer lifestyles are driving the adoption of cleaning agents by consumers in developing countries. These factors are likely to fuel the growth of the disinfectant agents market.

Disinfectant Agents Market Industry Research Report Contains:

  • Determine the Disinfectant Agents Market Potential and Flooring Concentration Treatment Industry Market Segment
  • Finding the Best Way to Access Flooring Manufacturing
  • Newly EPA Approved Adhesive Line Disinfectant Agents Market Segment.
  • Advanced Products, Inc (API) production, marketing and sales capability assessment requirements to succeed in this market segment.
  • Identify potential customers that your current sales rep is likely to call when selling in today’s market.

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About Accuracy Consultancy

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