Newark, NJ, Feb. 10, 2021 (GLOBE NEWSWIRE) -- As per the report published by Fior Markets, the global disinfectant and cleaning agents market is expected to grow from USD 16.7 billion in 2020 and to reach USD 30.68 billion by 2028, growing at a CAGR of 7.9% during the forecast period 2021-2028.
The global disinfectant and cleaning agents market is witnessing significant growth from years. This growth is attributed to the increasing occurrence of different irresistible sicknesses, including human immunodeficiency infection (HIV), tuberculosis and human papillomavirus (HPV) and hepatitis, which will encourage the growth of the disinfectants. Moreover, the rising pervasiveness of life style disorders across the globe will increase the requirement for splashes and wipes.
An antimicrobial components which has the capacity to kill microorganisms such as microbes, infections, and organisms, are known as disinfectants and cleaning agents. It works by destroying the mass of microorganisms or interfering with the processing of their cells. A disinfectant is additionally a type of sterilization. With the help of physical or chemical methods, disinfectants and cleaning agents are mainly utilized to reduce the number of pathogenic microorganisms on a surface.
The global disinfectant and cleaning agent market is expected to witness significant growth, owing to the rising demand for emergency care, rising government activities to cope up with the increasing frequency of hospital acquired infections. Moreover, longer clinical stays, patient's resistance towards infections, more age are the factors further adding to the growth of the market. Lack of adequate knowledge about disinfectants in countries based on agriculture as well as strict rules related to the utilization of germ-killers and disinfectants limits the market's growth.
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The key players operating in the global disinfectant and cleaning agents market are SC Johnson Professional, Procter and Gamble, Whiteley, 3M Company, Cantel Medical, Metrex Research, and Ecolab Clorox Company, Diversey, and Steris. To gain a significant market share in the global disinfectant and cleaning agents market, the key players are now focusing on adopting strategies such as product innovations, mergers & acquisitions, recent developments, joint venture, collaborations, and partnership. 3M Company and Steris are some of the leading manufacturers operating in the global disinfectant and cleaning agents market.
- For instance, in February 2020, P&G dispatched Microban 24, another brand of antibacterial home cleaning items that keep surfaces secured against microorganisms for 24 hours. Microban 24 offers a defensive shield of disinfectant that continues eliminating microorganisms for an entire 24 hours, in any event, when the surface is contacted or reached on different occasions.
Wipes segment dominated the market and held the largest market share of 42.75% in the year 2020
On the basis of type, the global disinfectant and cleaning agents market is segmented into wipes, liquids, and sprays. Wipes segment dominated the market and held the largest market share of 42.75% in the year 2020. This growth is attributed to a wide usage of wipes in hospital cleaning, especially in circumstances where liquids are ineffective. For instance, the reduced chance of contamination, zero water use, compared to various types, favor the segmental growth.
The alcohol segment dominated the market and held the largest share of 25.18% in the year 2020
On the basis of composition, the global disinfectant and cleaning agents market is segmented into alcohol, chlorhexidine gluconate, hypochlorite, quaternary ammonium compounds, aldehydes, and others. The alcohol segment dominated the market and held the largest share of 25.18% in the year 2020. Alcohols, commonly as 60 to 80% ethyl liquor or 70% isopropyl liquor, are utilized as effective disinfectants. Alcohol is highly utilized against infections and microbes, which propels the growth of the market.
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Regional Segment of Disinfectant and Cleaning Agents Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and Rest of South America)
- Middle East and Africa (UAE, South Africa, Rest of MEA)
On the basis of geogram,kl nphy, the global disinfectant and cleaning agents market is classified into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America held the major shares of 38.27% in the year 2020. This growth is attributed to the rising pervasiveness of contaminations in the region. An increasing population of older people suffering from various kinds of issues as well as the presence of prominent market players will act as a contributing factor for the growth of the market. The Asia-Pacific region is expected to show a significant growth, as the region is highly populated and home to some diseases. The high poverty level, strict guidelines in developing countries, and the need to have a clean ecological system are important factors in the region, driving the growth of the market in the region.
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About the report:
The global disinfectant and cleaning agents market is analysed on the basis of value (USD billion). All the segments have been analysed on global, regional and country basis. The study includes the analysis of more than 30 countries for each segment. The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insights of the market. The study includes porter's five forces model, attractiveness analysis, raw material analysis, and competitors position grid analysis.
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