The Global Disinfectants Market is Expected to Witness High Growth owing to Rising Health Concerns Post-Covid Era

 

The global disinfectants market comprises chemical products such as disinfectant sprays, wipes and liquids which are used to eliminate or inactivate microorganisms. Disinfectants find wide application in hospitals, laboratories, food and beverage plants, homes and commercial buildings to prevent infectious disease transmission. The rising health awareness among consumers post-Covid has boosted demand for disinfecting solutions for surfaces, hands and equipment.

The increasing prevalence of Hospital Acquired Infections (HAIs) and growing importance of cleanliness across industries are some of the major factors driving the growth of the global disinfectants market. The need for disinfection of surfaces is growing in healthcare facilities as well as households and public spaces. The Global disinfectants Market is estimated to be valued at US$ 49.0 Bn in 2024 and is expected to exhibit a CAGR of 6.0% over the forecast period 2023 to 2030.

Key Takeaways

Key players operating in the disinfectants market are 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. These players are focusing on developing affordable and effective disinfectants to cater to increasing demand.

There is high growth potential in emerging economies due to rising living standards and healthcare spending. Manufacturers are introducing economical product lines tailored for price-sensitive markets in Asia Pacific and Latin America.

Growing awareness about hygiene and cleanliness is prompting disinfectant manufacturers and suppliers to expand their global footprint. Many players are enhancing their distribution networks across regions through partnerships with local distributors. New product registrations and acquisitions are helping companies penetrate developing markets.

Market Drivers

Increasing healthcare spending in developing nations: Rising income levels are enabling consumers to spend more on personal hygiene and public health. This is propelling demand for disinfectants from hospitals, clinics and other medical facilities.

Growth of food processing and manufacturing industries: Strict hygiene regulations and quality standards necessitate frequent cleaning and disinfection of factories, production areas, equipment and utensils used in food production. This is driving uptake of disinfectants.

Market Restraints

Stringent regulations regarding product ingredients: Regulatory bodies closely monitor chemical formulations of disinfectants to ensure they do not cause any harm. Frequent changes in guidelines compel manufacturers to modify product compositions, raising compliance costs.

Environmental and health hazards of certain chemicals: While disinfectants help control pathogens, some ingredients such as alcohol and bleach can release toxic fumes. Prolonged exposure to strong disinfectants may also lead to adverse health issues. This acts as a restraining factor.

Segment Analysis

The disinfectants market is segmented into form, type, end use and region. The liquid disinfectants form dominates the market globally as it is easy to use and handle. The surface disinfectants type holds the major market share owing to its widespread application in hospitals, households, industries and food industry to disinfect surfaces. Based on end use, the household segment accounts for the largest share due to rising health awareness and growing hygiene consciousness among people.

Global Analysis

North America holds the major share in the global disinfectants market and is expected to continue its dominance over the forecast period. This is attributed to high healthcare expenditure, presence of major players and increasing demand for surface disinfectants from hospitals and clinical laboratories in the region. Asia Pacific exhibits the fastest growth rate during the forecast period. Factors such as increasing awareness about health and hygiene, improving healthcare infrastructure and rising demand from food and beverage industry drive the market growth in Asia Pacific region.

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