Press release

Disinfectant Product Market Size Worth USD 10.50 Billion 2032 | Emergen Research

Disinfectant Product Market Size Worth USD 10.50 Billion 2032 | Emergen Research

 

 
The global disinfectant product market size was USD 5 billion in 2022 and is expected to register a revenue CAGR of 7.8% during the forecast period. The global disinfectant product market is witnessing significant growth, fueled by rising concerns over Hospital-Acquired Infections (HAIs), stringent regulatory standards, and increased consumer awareness regarding hygiene. These factors have propelled the demand for disinfectant products in hospitals and healthcare facilities worldwide.

Market Drivers

The rising incidence of HAIs, including bloodstream infections, has heightened the need for effective disinfection solutions. According to reports from the National Institute of Health (NIH), bloodstream infections affect approximately 250,000 individuals annually, often linked to bacterial presence in intravascular devices.

Moreover, growing consumer awareness of disease transmission risks, particularly highlighted by the COVID-19 pandemic, has led to increased emphasis on cleanliness and sanitation. The Centers for Disease Control and Prevention (CDC) reported significant flu-related medical visits and hospitalizations in recent years, further driving the demand for disinfectant products.

Request Free Sample Copy (To Understand the Complete Structure of this Report [Summary + TOC]) @ https://www.emergenresearch.com/request-sample/2857

Emerging Trends

An emerging trend in the market is the preference for eco-friendly disinfectants, driven by global environmental concerns. Consumers are increasingly opting for eco-conscious cleaners and disinfectants, contributing to market expansion. Additionally, the aging population presents a significant opportunity, as older individuals are more susceptible to infectious diseases, increasing the demand for disinfectant products.

Market Restraints

Despite the market's growth prospects, challenges such as adverse effects associated with chemical disinfectants and the availability of alternative options like Ultraviolet (UV) sterilization devices pose restraints. Adverse effects such as pulmonary hemorrhage and pneumothorax highlight the need for safer disinfection solutions.

Segment Insights

In terms of product types, hypochlorite-based disinfectants dominated the market in 2022, attributed to their broad-spectrum antimicrobial efficacy. The alcohol segment is expected to witness the highest growth, driven by its effectiveness in disinfecting small surfaces.
Regarding applications, surface disinfection products accounted for the largest revenue share, essential for preventing disease transmission in healthcare settings. Instrument disinfectants are expected to register the fastest revenue growth, emphasizing the importance of maintaining cleanliness and safety standards for medical devices.

Emergen Research is Offering Limited Time Discount (Grab a Copy at Discounted Price Now) @ https://www.emergenresearch.com/request-discount/2857

Major Companies and Competitive Landscape

The global disinfectant product market is fragmented, with several key players accounting for the majority of market revenue. Major players are deploying various strategies, entering mergers & acquisitions, strategic agreements & contracts, developing, testing, and introducing new products and solutions.

Some major players included in the global disinfectant product market report are:
• 3M
• Procter & Gamble
• Reckitt Benckiser Group PLC
• Ecolab
• STERIS
• The Clorox Company
• PAUL HARTMANN AG
• SC Johnson Professional USA, Inc
• CARROLLCLEAN
• Sanosil LTD
• Metrex Research, LLC
• Whiteley
• ACURO ORGANICS LIMITED
• GOJO Industries, Inc
• PDI, Inc
• Betco Corporation
• Gesco Healthcare Pvt. Ltd
• Medalkan
• Ruhof
• Cetylite, Inc

Strategic Development

• On 7 November 2023, Virox Technologies Inc signed a supply agreement with Diversey to introduce the latest innovation in sustainable disinfection to healthcare professionals. Virox will receive license fees and royalties for utilizing the formulas protected by the patented Citr-IQ disinfectant platform.

• On 27 June 2023, Lysol, a brand under Reckitt, launched its latest product, the Lysol Air Sanitizer, in the U.S. This air sanitizing spray, the first of its kind approved by the EPA, effectively eliminates 99.9% of airborne viruses and bacteria. Reckitt collaborated with experts in aerobiology and the U.S. Environmental Protection Agency (EPA) to develop a stringent testing protocol. This protocol was designed to assess the effectiveness of Lysol Air Sanitizer in reducing viruses and bacteria present in the air.

Direct Order Can Be Placed Through This Link [Exclusive Copy] @ https://www.emergenresearch.com/request-history/2857

For the purpose of this report, Emergen Research has segmented the global disinfectants product market on the basis of type, formulation, application, end-use and region:

• Type Outlook (Revenue, USD Billion; 2019-2032)
o Quarternary Ammonium Compounds
o Hypochlorite
o Alcohols
o Aldehydes
o Others

• Formulation Outlook (Revenue, USD Billion; 2019-2032)
o Liquids
o Wipes
o Sprays

• Application Outlook (Revenue, USD Billion; 2019-2032)
o Surface Disinfection
o Instrument Disinfection
o Others

• End-use Outlook (Revenue, USD Billion; 2019-2032)
o Hospitals
o Laboratories
o Diagnostic centers
o Others

Browse Full Report Description + Research Methodology + Table of Content + Infographics@ https://www.emergenresearch.com/industry-report/disinfectant-product-market

Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Visit for More Insights: https://www.emergenresearch.com/insights

About Us:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.


Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on woodPRI. woodPRI disclaims liability for any content contained in this release.

Recommend

Microencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market. Extensive research is required for choosing the appropriate cor...
Germany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
Securities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
Renewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
How Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020: Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
Corporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview: E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...