Antiseptics & Disinfectants Market - By Type , By Application , By End-Use Industry , By Geography - Global Opportunity Analysis & Industry Forecast, 2024 - 2030

Antiseptics & Disinfectants Market Overview

Antiseptics & Disinfectants Market Size is forecast to reach $ 9360 Million by 2030, at a CAGR of 5.70% during forecast period 2024-2030. The increasing incidence of infectious diseases and infections from hospitals is one of the main factors driving the antiseptic and disinfectants market. Various chemicals compounds such as halogenated phenol, benzalkonium chloride, hydrogen peroxide, isopropyl alcohol that are anti-bacterial and effective against viruses are used in the manufacture of antiseptics & disinfectants market. Benzalkonium chloride is widely used in antiseptic and disinfectants, as they contain active agents against viruses and bacteria. The increasing demand from the pharmaceutical industry is also highly driving the antiseptics & disinfectants market.

COVID-19 impact

Amid the Covid-19 pandemic, the antiseptics & disinfectants market witnessed a considerable amount of growth owing to the usage of antiseptics & disinfectants market in the medical and health care industry. The increase in demand for hand sanitizers due to the surge in the cases of coronavirus during the year 2020 is one of the factors driving the antiseptics & disinfectants market during the year 2020. Although there were various restrictions, the demand for antiseptics & disinfectants increased.

Antiseptics & Disinfectants Market Report Coverage

The report: “Antiseptics & Disinfectants Market – Forecast (2024-2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the Antiseptics & Disinfectants Industry.

By Type: Alcohol and Aldehyde, Biguanides and Amides, Phenols and Derivatives, Idoline and

By Application: Medical Devices Disinfectants, Surface Disinfectants, Enzymatic Cleaners, and Others.

By End-Use Industry: Pharmaceutical Industry, Homecare, Healthcare, Research Laboratories, and Others.

By Geography: North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, France, Netherlands, Belgium Spain, Russia and Rest of Europe), APAC (China, Japan India, South Korea, Australia, New Zealand, Indonesia, Taiwan, Malaysia), South America (Brazil, Argentina, Colombia, Chile and Rest of South America) and RoW (Middle East and Africa).

Key Takeaways

• North American market held the largest share in the antiseptics & disinfectants market owing to the presence of key market players and a well-developed healthcare industry in the region.
• The increase in demand from the production of hand sanitizers is increasing the demand for antiseptics & disinfectants which contains hydrogen peroxide and halogenated phenol in it.
• Increase in demand for medical devices across the globe is driving the need for antiseptics & disinfectants market.
• Amid the Covid-19 pandemic, the antiseptics & disinfectants market witnessed a considerable amount of growth owing to the demand for the production of hand sanitizers.

FIGURE: North America Antiseptics & Disinfectants Market Revenue, 2020-2026 (US$ Billion)

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Antiseptics & Disinfectants Market Segment Analysis – By Type

Phenols and Derivatives segment held the largest share of around 30% in the antiseptics & disinfectants market in the year 2020. Phenolic compounds such as halogenated phenol is widely used for the treatment of infectious diseases, chronic inflammatory disease, viral infections and various other infectious diseases. The increasing need to sanitize and disinfect the environment at households, office environment and other spaces are driving the demand for halogenated phenol and other derivatives. According to World Health Organizations, during 2019, pneumonia and other lower respiratory infections were declared as one of the deadliest groups of communicable diseases and together ranked as the fourth leading cause of death. This is giving rise to the need for halogenated phenol and other derivatives infused antiseptics & disinfectants.

Antiseptics & Disinfectants Market Segment Analysis – By Application

Surface disinfectant segment held the largest share of 35% in the antiseptics & disinfectants market in the year 2020. Surface disinfection is done in order to prevent any type of infection or virus to stay on a surface which could cause health complications to humans. Especially, given the recent global pandemic Covid-19, there has been an increase in demand for surface disinfectants across the world. Benzalkonium chloride is used in the surface disinfectant sprays and liquids for protection against bacteria and viruses. Furthermore, surface disinfection is also being promoted by healthcare organizations and is being made mandatory to be followed. For an instance, German Federal Robert Koch Institute has elaborated about the importance of surface disinfectants in a healthcare guidelines book called Hygiene Requirements on Surface Cleaning and Disinfection. This is driving the surface disinfectant segment in the antiseptics & disinfectants market.

Antiseptics & Disinfectants Market Segment Analysis – By End-Use Industry

The pharmaceutical industry held the largest share of 62% in the antiseptics & disinfectants market in the year 2020. The increase in the growth of the pharmaceutical industry coupled with the increase in demand for halogenated phenol and hydrogen peroxide infused hand sanitizers and disinfectants during recent times is one of the important factors driving the antiseptics & disinfectants market in the pharmaceutical industry. For instance, according to the latest report published by European Federation of Pharmaceutical Industries and Associations in the year 2020, the pharmaceutical industry in the United States grew by 6.1%, the pharmaceutical industry of the European Nation grew by 5.4% during the year 2019, the pharmaceutical industry of India grew by 11.1% and Brazilian pharmaceutical industry grew by 11.2%. This is further driving the antiseptics & disinfectants market.

Antiseptics & Disinfectants Market Segment Analysis – By Geography

North American region held the largest share of 32% in the antiseptics & disinfectants market in the year 2020. The well-developed healthcare system in the region is one of the major factors driving the demand for antiseptics & disinfectants in the region. According to National Health Expenditure Accounts (NHEA), the US healthcare spending grew by 4.6% in the year 2019 reaching US$11,583 per person in the US. According to the data from the government of Canada, the drug sales in the pharmaceutical industry was valued at US$29.9 billion during, an increase of 5.65% form the sales of US$28.3 billion during the year 2018. Furthermore, according to data from Mexican government, the export of medical devices has increased by 13.7% in the last two years. The increase in the development of healthcare and medical industry in the region is one of the significant factors driving the antiseptics & disinfectants market in the North American region

Antiseptics & Disinfectants Market Drivers

Increasing Demand for production of hand sanitizers

The increase in the demand from the production of hand sanitizers is one of the major factors driving the antiseptics & disinfectants market. Given the pandemic situation, there has been a surge in the demand for hand sanitizers and disinfectants across the world. This is increasing the demand for hydrogen peroxide and halogenated phenol infused hand sanitizers and disinfectants. According to the Canadian Consumer Specialty Products Association, the production capacity of hand sanitizers in the region stands at 3,000,000 bottles of water per day during the year 2020, which is driving the surfactants market in the region. Furthermore, according to Consumer News and Business Channel, during the year 2020, the demand for hand sanitizers in Italy increased by 1,870%, spiked by 1,400% in the US and increased by 255% in UK during 2020. This is driving the antiseptics & disinfectants market.

Increasing demand for medical devices

The increase in the demand for medical devices is one of the important factors driving the demand for antiseptics & disinfectants market. Certain medical devices are reused by other patients and therefore it is necessary to use heavy antiseptics & disinfectants with the presence of halogenated phenol, benzalkonium chloride and hydrogen peroxide. According to World Health Organization, more than 2 billion people will require at least 1 assistive product by the year 2030, with older people requiring more than 2. Currently, 1 in 10 people have access to assistive products. Around 75 million people across the globe require wheelchairs. The increase in the need for such physical medical devices is giving rise to the demand of antiseptics & disinfectants market. 

Antiseptics & Disinfectants Market Challenges

Toxic substances present in antiseptic and disinfectants

There are various toxic substances present in antiseptic and disinfectants, which is hazardous to human health. Ethylene oxide is widely present in the antiseptics which is highly inflammable. It needs to be handled with utmost care. Additionally, it is also toxic, mutagenic and carcinogenic. Furthermore, overexposure to hydrogen peroxide can also cause skin irritation and rashes. Halogenated phenol is basically a protoplasmic poison which can easily break through cellular membranes and deposit unwanted proteins on the way. Therefore, these are some of the factors that are restricting the growth of the antiseptic and disinfectants market.

Antiseptics & Disinfectants Market Industry Outlook

Partnerships, investments facility expansion, acquisitions and mergers, collaborations, production expansion are some of the key strategies adopted by players in the Antiseptic and Disinfectants Market. Major players in the Antiseptic and Disinfectants Market include:

1. 3M Company
2. Reckitt Benckiser Group plc
3. Becton Dickinson and Company
4. Steris PLC
5. The Clorox Company
6. Angelini Pharma Inc.
7. Bio-Cide International Inc.
8. Cardinal Helath, Nufarm Limited
9. Novartis AG
10. Johnson & Johnson
11. Kimberly-Clark Corporation
12. Carefusion Corp among others. 

Key Market Players:

The Top 5 companies in the Antiseptics & Disinfectants Market are:

1. 3M Company
2. Reckitt Benckiser Group Plc
3. Becton Dickinson and Company
4. Steris PLc
5. The Clorox Company

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