Market Overview:
Disinfectants are antimicrobial agents with the ability to destroy harmful microorganisms such as fungi, virus, and bacteria. There are various types of disinfectants available in the global market, which include oxidizing agents, phenolic, quaternary ammonium compounds, and aldehydes. Phenolic compounds are commonly used as disinfectant for environmental surfaces such as laboratory surfaces and non-critical medical devices including stethoscope, blood pressure cuffs, hospital beds, and furniture.
The global disinfectants market is projected to surpass US$ 49.0 billionby the end of 2027, in terms of revenue, growing at CAGR of 6.0% during the forecast period(2020 to 2027).
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Market Dynamics
Steadily growing demand for water treatment is supporting growth of the global disinfectants market. As disinfectants are used in the water treatment process to limit effects of suspended solids, organic material, and other contaminants and to kill bacteria, parasites, and viruses. This is such as chlorine, chlorine dioxide, chloramines potassium permanganate, and peroxone are commonly used for water disinfection.
Increasing demand for the disinfectants from hospitals and clinics coupled with the increasing healthcare spending in the region is fuelling growth of the market. Furthermore, the U.S. Environmental Protection Agency (EPA) recommends utilization of tablets containing disinfectants such as chlorine, iodine, chlorine dioxide, or containing 6 or 8.25% of sodium hypochlorite for emergency disinfection of drinking water, which in turn is supporting the market growth.
Global Disinfectants Market, By Product Type:
Oxidizing Agents
Sodium Hypochlorite
Chlorine Dioxide
Hydrogen Peroxide
Peracetic Acid
Others
Phenolic
Quaternary Ammonium Compounds
Aldehydes
Formaldehyde
Glutaraldehyde
Global Disinfectants Market, By End-Use Industry:
Healthcare
Hospitals and Clinics
Diagnostic Laboratories
Pharmaceutical and Biotechnology Companies
Academic and Research Institutes
Others
Food & Beverages
Chemical Processing Industry
Others
Key Players operating in the global disinfectants market include Solvay S.A., Unilever Group, Evonik Industries AG, 3M Company, Procter & Gamble Corporation, DowDuPont Inc., Lanxess AG, BASF S.E., The Clorox Company, and Reckitt Benckiser Plc.
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