Disinfectant Chemicals Market Research Report—Global Forecast till 2030

Disinfectant Chemicals Market Research Report Information By Composition (Alcohols, Chlorine Compounds, Formalin, Peracetic Acid, Others) Type (Pesticides, Air Disinfectants, Water Disinfectants, Surface Disinfectant, Others) End User (Commercial & Residential, Medical & Healthcare, Other Industrial) Forecast 2030

ID: MRFR/CnM/8161-CR | September 2022 | Region: Global | 449 Pages         

Disinfectant Chemicals Market

Disinfectant Chemicals Market was valued at around USD 5 Billion in 2019 and is projected to reach USD 9,520.92 million by 2030 at a CAGR of 8.89%.

Segmentation

By Composition Chlorine and derivatives Quaternary ammonium compounds Phenolic compounds Alcohols and aldehydes Hydrogen peroxide Others
By Type Air disinfectants Water disinfectants Surface disinfectants
By End-Use Hospitals Clinics Research and diagnostic laboratories Others

Key Players

  • 3M (US)
  • Cantel Medical (US)
  • STERIS plc (US)
  • Akzo Nobel NV (Netherlands)
  • Evonik Industries AG (Germany)
  • Betco (US)
  • Ecolab (US)
  • The Clorox Company (US)
  • Johnson & Johnson (US)
  • Steris Corporation (US)
  • DuPont (US)
  • Diversey
  • Inc. (US)
  • Reckitt Benckiser Group plc (UK)
  • Bio-Cide International
  • Inc. (US)

Drivers

  • Increasing prevalence of HAIs\r\n
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Disinfectant Chemicals Market Overview


The global disinfectant chemicals market size was valued at USD 4,389.22 million in 2021 and is projected to reach USD 9,520.92 million by 2030 at a CAGR of 8.89%.


Disinfectant chemicals are substances that are used to control, kill, or deactivate the pathogenic microorganisms on any inanimate object or surface. Disinfectant chemicals are majorly applicable in healthcare, food & beverage processing, textile, and plastic industries among others.


COVID-19 Impact on the Disinfectant Chemicals Market:


The recent outbreak of coronavirus (COVID-19) has played a key role in driving the dramatic expansion in demand for disinfectant chemicals throughout the world. For instance, the production of disinfectants has ramped up by 80% between January 2020 and September 2020 in Germany in order to meet the booming demand for these hygiene products. The Centers for Disease Control and Prevention (CDC) (US) also recommended regular cleaning of frequently touched surfaces, along with thorough hand washing- both standard practices for supporting in slowing the spread of viruses and bacteria. Governments, companies, and individuals across the world have significantly invested vast amounts of time and money in deep-cleaning efforts for curbing the effects of the virus by taking proper hygiene measures. According to the article published by Springer Nature Limited in January 2020, the global sales of surface disinfectants totaled USD 4.5 billion during FY2020, a jump of over 30% as compared to FY2019. In addition, the New York Metropolitan Transit Authority (MTA) (US) also spent USD 484 million in 2020 on enhanced cleaning and sanitization as a response to COVID-19. This, in turn, has positively contributed to the market growth.


The pandemic has further spurred the growth of surfactants such as peroxides, halogen compounds, and quaternary ammonium compounds (quats). According to the article published by the Environmental Health Sciences (US) in February 2021, the pandemic has surged the demand for products like Lysol wipes that use quats as active ingredients. The sales of Lysol wipes increased nearly by 50% in March 2020 as compared to March 2019. In addition, sales of other cleaning products such as aerosol disinfectants have doubled in 2020 in the U.S., a large fraction of which also contain quats. The demand for disinfectants is anticipated to increase in the coming years for maintaining hygiene and reducing the chances of infection.


Market Dynamics


Drivers


  • Increasing hygiene standard and increasing prevalence of diseases


Disinfectant chemicals are becoming more popular among large populations that live everywhere in recent years. This scenario is mostly due to their capacity to regulate, neutralize, or eradicate the harmful germs found on inanimate surfaces or objects. As a result, clinics, hospitals, research, and diagnostic laboratories, among others, are demanding more of these items. Moreover, after covid 19 the emergence of disinfectant increased. This demonstrates that there are significant growth opportunities for the providers serving the worldwide market for disinfection chemicals in the forthcoming years. Furthermore, water and food borne infections caused by a variety of bacteria, viruses, and parasites such as norovirus, salmonella, and cholera etc. Major food and water borne diseases are caused due to poor hygiene.


Restraints


  • Rising awareness regarding the toxicity of chemical surface disinfectants


Chemical disinfectants are widely used by staff in hospitals, healthcare facilities, poultry facilities, abattoirs, food product manufacturing plants, sanitary and similar services, etc. to kill disease-causing germs. A few of the chemical disinfectants have explosive and flammable properties. There are several disinfectants that might aggressively react with unrelated compounds and produce poisonous gases that could endanger employees. By their very nature, all chemical disinfectants have the potential to be poisonous or harmful to living things. Chemical disinfectants can enter the body in several ways, including ingestion, inhalation, and absorption through skin or mucous membranes, much like other harmful compounds.


Opportunity


  • Technological advancements & presence of different methods


Due to increased risk of disinfectant to the human being many start-ups across the world came with a range of many alternatives compared to traditional chemical-based decontaminants, which may clean surfaces and even microcavities. Furthermore, Aerosol and vaporized hydrogen peroxide, portable devices that generate continuous ultraviolet (UV-C) light, a pulsed-xenon UV light system, and the use of high-intensity narrow-spectrum (405 nm) light are some of the most recent "no-touch" (automatic) decontamination techniques. It has been demonstrated that these "no-touch" methods lessen surface bacterial contamination. For instance, Mumbai based start-up company Indra Water with experience in handling highly contaminated wastewater, Indra Water updated their technology to build and create the VAJRA system for disinfecting spaces and equipment to prevent COVID 19 pollution.


Challenges


  • Consumers inclination towards chemical-free disinfectants


Consumers are shifting to chemical-free disinfectants due to the risk associated with chemical-based disinfectants. Chemical-based disinfectants majorly impact the respiratory system of human. For instance, the excessive use of hand sanitizers, which remove the natural oils from the skin and contain chemicals like alcohol, chlorhexidine, chloroxylenol, and triclosan, might irritate the skin. Interruption of the skin's natural moisture barrier makes it more vulnerable to germs.


Segmentation


By Composition



  • Alcohols

  • Chlorine Compounds

  • Formalin

  • Peracetic Acid

  • Others


By Type



  • Pesticides

  • Air Disinfectants

  • Water Disinfectants

  • Surface Disinfectant

  • Others


By End User



  • Commercial & Residential

  • Medical & Healthcare

  • Other Industrial


Regional Analysis


In North America, there is an increasing demand for disinfectant chemicals to overcome these issues, thereby driving the growth of the disinfectant chemicals market. In addition, increasing awareness regarding cleanliness, personal health & hygiene, well-developed healthcare infrastructure, a rise in healthcare spending, and growing government initiatives for disinfection in all public places & individual homes drive the regional market growth during the forecast period.


Rising healthcare expenditure also increases the investment in disinfectant chemical solutions to control communicable diseases. These factors are anticipated to positively impact the growth of the medical devices market. Additionally, improving government initiatives & healthcare frameworks and the presence of government organizations are boosting the growth of the disinfectant chemicals market in Europe.


Asia-Pacific regional market is anticipated to register the highest growth rate over the forecast period. This is due to the factors such as growing concern regarding health & hygiene, and the increasing patient population suffering from HAIs such as central line-associated bloodstream infections, ventilator-associated pneumonia, surgical site infection, and catheter-associated urinary tract infections, among others. Increasing investment in R&D activities, rapid urbanization in the region, and the rising number of COVID-19 infection has resulted in the pressing necessity to maintain hygiene and cleanliness across the public infrastructure in Latin America which drives the disinfectant chemicals market in the region.


Limited healthcare infrastructure and lack of understanding regarding the use of standard disinfection practices are restricting the growth of the disinfectant chemicals market in Sub-Saharan Africa. Additionally, low healthcare expenditure is also affecting the market growth to an extent in the Middle East. However, growing healthcare infrastructure, the rising awareness of effective sanitization, and increasing government initiatives for disinfection in all public places in the Middle East region are likely to favor the market growth.


Competitive Landscape


The global disinfectant chemicals market is expected to showcase healthy growth throughout the forecast period. The global market represents strong numbers in terms of consumption and is expected to grow year on year. The global disinfectant chemicals market is highly fragmented and consists of many organized and unorganized industry players. Manufacturers focuses mainly on expansion of production capacities, continuous product launch, and collaborations with key stakeholders to gain a competitive advantage over other players. Key players include Johnson & Johnson Servieces, Inc., 3M, Reckitt Benckiser Group plc, Ecolab Inc., The Clorox Company, Kemin Industries, Inc., Diversey Holdings, Ltd., STERIS plc, ABC Compounding Co., Inc., Medline Industries, LP, and others.


Some of the key developments include:



  • in December 2021, Diversey Holdings, Ltd. acquired Birko Corporation, a North American manufacturer of food safety chemical solutions for the food & beverage industry, and Chad Equipment LLC, a subsidiary of Birko Corporation, which manufactures food safety equipment for the protein industry. This acquisition will help the company to strengthen its market presence in the US and Canada.


Report Overview:


The disinfectant chemicals market is segmented by composition, type, end user, and region in the report. In terms of insights, this report has focused on various levels of analysis such as market dynamics, value chain analysis, Porter's five forces, competitive landscape, and company profiles—all of which comprise and discuss views on the global disinfectant chemicals emerging and fast-growing segments, regions, and countries.


Objectives of the Study



  • To get a comprehensive overview of the global disinfectant chemicals market

  • To get wide-ranging information about the key factors driving the market and market opportunities

  • To gain information regarding the key players in the industry, their product portfolio, strategies, and key developments

  • To gain insights about the key country/region in which the market is growing


Intended Audience



  • Disinfectant Chemicals Companies

  • Research Institutes

  • Academic Institutes

  • Government Organizations



Report Scope:

Report Attribute/Metric Details
  Market Size    2030: USD 9,520.92 Million
  CAGR    8.89% CAGR (2022-2030)
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2018
  Forecast Units    Value (USD Million) & Volume (KiloTons)
  Report Coverage    Revenue Forecast, Competitive Landscape, and Growth Factors
  Segments Covered   Composition, Type and End User
  Geographies Covered   North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa
  Key Vendors   Johnson & Johnson Servieces, Inc., 3M, Reckitt Benckiser Group plc, Ecolab Inc., The Clorox Company, Kemin Industries, Inc., Diversey Holdings, Ltd., STERIS plc, ABC Compounding Co., Inc., Medline Industries, LP
  Key Market Opportunities   Technological advancements & presence of different methods
  Key Market Drivers   Increasing hygiene standard and increasing prevalence of diseases


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Frequently Asked Questions (FAQ) :

The global disinfectant chemicals market would register a growth of 8.89%.

The surface disinfectant will play a prominent role in taking the market forward.

Rising awareness regarding the toxicity of chemical surface disinfectants.

North America would enjoy the upper hand in the disinfectant chemicals market.