According to a new market report published by Lucintel, the future of the disinfectant market looks promising with opportunities in the industrial and healthcare sectors. The global disinfectant market is expected to grow with a CAGR of 7% from 2020 to 2025. The major growth drivers for this market are recent outbreaks of viruses, such as influenza and Covid-19; increasing infectious diseases; and rising awareness of the importance of hygiene in day to day life.
To download report brochure, please go to https://www.lucintel.com/disinfectant-market.aspx and click "download brochure" tab from the menu
Disinfectants are antimicrobial agents designed to destroy or inactivate harmful microorganisms, such as virus, fungi, and bacteria. In this market, oxidizing agents, phenolic, quaternary ammonium compounds, and aldehydes are the major product types. Lucintel forecasts that quaternary ammonium compounds will be the fastest growing product type segment over the forecast period due to better dissolving property in soft water.
North America will remain the largest region over the forecast period due to rising prevalence of tuberculosis & COVID-19 and increasing government initiatives for water treatment to provide safe drinking water in the region.
Emerging trends, which have a direct impact on the dynamics of the industry, include increasing adoption of green and sustainable manufacturing solutions in the disinfectant market and increasing use of sophisticated technologies. Solvay, Unilever, Evonik Industries, 3M, Procter & Gamble, DuPont, Lanxess, BASF, Clorox, and Reckitt Benckiser are among the major suppliers in the global disinfectant market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global disinfectant market by product type, delivery system, end use, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Disinfectant Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global disinfectant market by product type, delivery system, end use, and region as follows:
By Product Type [Value ($ Million) shipment analysis for 2014 – 2025]:
Oxidizing Agents
Phenolic
Quaternary Ammonium Compounds
Aldehydes
By Delivery System [Value ($ Million) shipment analysis for 2014 – 2025]:
Aerosol System
Non-Aerosol System
By End Use [Value ($ Million) shipment analysis for 2014 – 2025]:
Industrial and Institutional
Healthcare
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
United Kingdom
Spain
Germany
France
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.