The disinfectants market is estimated to be valued at USD 9.72 Bn in 2024 and is expected to reach USD 15.72 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 7.1% from 2024 to 2031.
Figure 1. Disinfectants Market Share (%), By Region, 2024
The global disinfectants market has been growing at a steady pace in the past few years. Disinfectants are antimicrobial substances that are applied on surfaces or used to sanitize objects and environments to destroy or irreversibly inactivate infectious microorganisms. They play a crucial role in protecting human health by destroying or inhibiting the growth of harmful microorganisms such as bacteria, viruses, tuberculosis, fungi, etc. Increasing awareness about health, hygiene, and sanitation along with risks of hospital acquired infections is driving the demand for disinfectants worldwide. Various types of disinfectants available in the market include chlorine compounds, quaternary ammonium compounds, hydrogen peroxide, per acetic acid, etc. that are used across industries like healthcare, food & beverage, residential, and commercial, among others.
Market Dynamics:
The global disinfectants market is expected to grow at a robust pace during the forecast period from 2024 to 2031 Some key factors driving the market growth include increasing risk of hospital acquired infections, growing healthcare industry and expenditure worldwide, rising awareness about hygiene and sanitation, and outbreak of infectious diseases. However, stringent regulations pertaining to the of certain chemicals in disinfectants and availability of alternative green disinfectants are expected to restrain the market growth. Adoption of advanced disinfectant technologies like electromagnetic surface disinfection and UV-C surface disinfection are expected to present new opportunities for key players in the coming years. North America represented the largest regional market followed by Europe and Asia Pacific. Growing healthcare infrastructure and spending on infection control in developing economies of Asia Pacific is likely to boost the demand for disinfectants.
Key Features of the Study:
- This report provides an in-depth analysis of the global disinfectants market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
- It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global disinfectants market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include PDI, Inc., 3M, Reckitt Benckiser Group PLC, Procter & Gamble , The Clorox Company , Steris PLC, Ecolab Inc. , Johnson & Johnson, Kimberly-Clark Worldwide, Inc, Lonza, GOJO Industries, Inc., Spartan Chemical Company, Inc., W.W. Grainger, Inc., Medline Industries, LP., BODE Chemie GmbH, CCM GMBH, Aditya Birla Chemicals, Carenowmedical, Whiteley , B Braun, Sanichem , and Intercare
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global disinfectants market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global disinfectants market
Detailed Segmentation-
- By Product Type:
- Oxidizing Agents
- Sodium Hypochlorite
- Chlorine Dioxide
- Hydrogen Peroxide
- Peracetic Acid
- Others
- Phenolic
- Quaternary Ammonium Compounds
- Aldehydes
- Others
- 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
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- PDI, Inc.
- 3M
- Reckitt Benckiser Group PLC
- Procter & Gamble
- The Clorox Company
- Steris PLC
- Ecolab Inc.
- Johnson & Johnson
- Kimberly-Clark Worldwide, Inc
- Lonza
- GOJO Industries, Inc.
- Spartan Chemical Company, Inc.
- W.W. Grainger, Inc.
- Medline Industries, LP.
- BODE Chemie GmbH
- CCM GMBH
- Aditya Birla Chemicals
- Carenowmedical
- Whiteley
- B Braun
- Sanichem
- Intercare