How Global Disinfectants Market Players Should Strategize For 2022-2031
17 Oct, 2022
The global disinfectants market size is expected to grow from $5.58 billion in 2021 to $6.1 billion in 2022 at a compound annual growth rate (CAGR) of 9.2%. The global disinfectants market size is expected to grow to $8.99 billion in 2026 at a CAGR of 10.2%.
What is the Global Disinfectants Market?
The disinfectants market consists of sales of chemical solutions that kill microorganisms and prevent infectious diseases. Disinfectant in general refers to a chemical agent that is used to kill all recognized pathogenic microorganisms on inanimate objects on the surface of floors, tiles, washrooms, furniture, and instrument.
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What drives the Global Disinfectants Market?
The rising occurrence of hospital-acquired infections increased spending on disinfectant solutions globally and this factor contributed to the global disinfectant market's growth. Patients sometimes get cured in hospitals but get infected by other diseases in hospitals themselves, this is called Hospital-acquired infections (HAI). According to the world health organization (WHO), in Europe, nearly 41.31 lakhs patients are infected by approximately 45.441 lakhs episodes of healthcare-associated infections every year. The increase in safety towards patients in hospitals has boosted the spending on disinfecting solutions which resulted in the growth of the disinfectant market.
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Global Disinfectants Market Segments
The global disinfectants market is segmented:
By Type: Quaternary Ammonium Compounds, Peracetic acid, Chlorine Compounds, Hydrogen Peroxide, Alcohols & Aldehyde Products, Other Types
By Form: Liquid, Sprays
By End User: Hospitals, Clinics, Domestic Users, Other End Users
By Geography: The regions covered in the disinfectants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Disinfectants Global Market Report 2022provides market size and growth forecasts for the global disinfectants market, global disinfectants market share, disinfectants global market segments and geographies, disinfectants global market competitive landscape including leading competitors’ revenues, profiles and market shares. The disinfectants market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Disinfectants Industry Playersinclude 3M Company, Johnson & Johnson, Reckitt Benckiser Group PLC, Bio-Cide International Inc., Cardinal Health, Steris Corporation, Procter & Gamble, Kimberly-Clark Corporation, Novartis AG, and American Biotech Labs. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.