Global Antiseptics and Disinfectants Market : Key Players, Growth, Analysis 2020 to 2026
Antiseptics and Disinfectants Market report provides the latest market data along with industry future trends, which keeps tracking of users driving revenue growth rate of antiseptics and disinfectants market by by type (quaternary ammonium compounds, chlorine compounds, chlorine compounds), application (enzymatic cleaners, medical device disinfectants), distribution channel (fmcg, b2b), end user (medical, domestic) market status and outlook of global and major regions, from manufacturers, and end industries. As this report is expected to help key players among the antiseptics and disinfectants market it includes the five years Industry analysis and the 6 years annual forecast from to 2026. Some of the prominent participants in the global antiseptics and disinfectants market are 3M Co, Reckitt Benckiser Group plc, The Procter & Gamble Co, STERIS Plc, 3 Becton, Dickinson and Company, Nufarm Limited, Kimberly-Clark Corporation, Cardinal Health, and Novartis AG. The global Antiseptics and Disinfectants Market is estimated to be nearly worth USD 25 Billion in 2020 and projects that the market will reach a value of over USD 37 Billion in 2026, growing at a CAGR of 6.8% over the forecast period of 2020-2026.
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Increase Means an Increased Requirement of Antiseptics and Disinfectants Which is Also Driving the Market
In recent times Covid-19 pandemic catapulted the demand for antiseptics and disinfectants. The other major drivers of the market were increasing awareness regarding personal hygiene and surroundings. The prevalence of other diseases such as cholera, typhoid, and others led to this increased awareness. Maintaining personal hygiene and that of surrounding were dimmed fit by people in order to prevent these diseases and avoid costly medical treatments. Increasing cases of Hospital or healthcare-associated infections (HAI) all over the world. This surge in HAI cases is causing a rise in demand for both antiseptics and disinfectants. Disinfectants are used by hospitals to sterilize their medical equipment and facilities. As the world population is increasing rapidly so does the number of hospitals to provide medical facilities to this increased population. Also, the number of fitness centers is increasing. Thus, this increase means an increased requirement of antiseptics and disinfectants which is also driving the market. The existence of regulations over chemicals and other ingredients that go into the making of these antiseptics and disinfectants is expected to hinder the growth of the market. The increased research and development of new products are anticipated to provide new opportunities.
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Asia-Pacific are Expected to Be the Second and Third Largest Segment of the Market
North America region is expected to dominate the market. Europe and Asia-Pacific are expected to be the second and third largest segment of the market respectively. The prevalence of HAI in the North American region increased awareness regarding personal hygiene, and the presence of a large number of hospitals are some of the reasons for its dominance in the market. Asia-Pacific is expected to experience significant growth over the forecast period owing to the improving medical infrastructure and usage of products by the tremendous population in the region.
Antiseptics and Disinfectants Market: Segmentation
The report on the global Antiseptics and Disinfectants Market covers segments such as type, application, distribution channel, and end user. On the basis of type, the sub-markets include quaternary ammonium compounds, chlorine compounds, chlorine compounds, and others. On the basis of application, the sub-markets include enzymatic cleaners, medical device disinfectants, and others. On the basis of distribution channel, the sub-markets include FMCG and b2b. On the basis of end user, the sub-markets include medical, domestic, and others.
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of the antiseptics and disinfectants.
=> Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2026.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.