Dublin, May 20, 2020 (GLOBE NEWSWIRE) -- The "Disinfectants Global Market Report 2020-30: COVID-19 Growth and Change" report has been added to ResearchAndMarkets.com's offering.
This report provides the strategists, marketers and senior management with the critical information they need to assess the global disinfectants market.
The global disinfectants market is expected to grow from $0.66 billion in 2019 to 0.78 billion in 2020 at a compound annual growth rate (CAGR) of 17.2%. The markable growth is mainly due to the COVID-19 outbreak and the measures to contain it. Coronavirus infection is transmitted in most instances through contact with contaminated surfaces/objects. The virus gets easily inactivated by chemical disinfectants, increasing the demand has significantly. The market is then expected to stabilize and reach $1.04 billion in 2023 at CAGR of 10.02%.
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Where is the largest and fastest growing market for the disinfectants? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Disinfectants global market report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider disinfectants market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
- Market segmentations break down market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
- The disinfectants market section of the report gives context. It compares the disinfectants market with other segments of the disinfectants market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, disinfectants indicators comparison.
North America was the largest region in the disinfectants market in 2019. Asia-Pacific is expected to be the fastest growing regions in the forecast period.
Disinfectant service providers are using the drone to spray the disinfectant solutions without using humans to reduce the spread of infection from the contaminated area. In China, several drone manufacturer has modified their agricultural drone models, which were originally intended to spray crops with pesticides, to spray disinfectant. Over large areas can be disinfected with ease and effective way.
A saturated market of developed economies is expected to limit the growth of the disinfectant market. In recent years, the developed countries are using the same quantity of disinfectant solutions as previous years. Due to the stabilized consumption, the growth rate in developed markets is expected to decline when compared to the growth of disinfectants in the emerging market. Inadequate change in the market hampers the disinfectant market.
In March 2019, Innovative chemical products acquired benefect for an undisclosed amount. The acquisition is expected to strength the ICP BSG's family. Benefect is founded in year 2006 and leading supplier of hospital disinfectant using essential oils from plants.
Rising occurrence of hospital-acquired infections increased spending on disinfectant solutions globally and this factor contributed to the global disinfectant market's growth. Patients some times get cured in hospitals but however get infected by other diseases in hospitals itself, 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.
Key Topics Covered:
1. Executive Summary
2. Disinfectants Market Characteristics
3. Disinfectants Market Size And Growth
3.1. Global Disinfectants Historic Market, 2015 - 2019, $ Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global Disinfectants Forecast Market, 2019 - 2023F, 2025F, 2030F, $ Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market
4. Disinfectants Market Segmentation
4.1. Global Disinfectants Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
4.2. Global Disinfectants Market, Segmentation By End User Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5. Disinfectants Market Regional And Country Analysis
5.1. Global Disinfectants Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5.2. Global Disinfectants Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
6. Asia-Pacific Disinfectants Market
7. China Disinfectants Market
8. India Disinfectants Market
9. Japan Disinfectants Market
10. Australia Disinfectants Market
11. Indonesia Disinfectants Market
12. South Korea Disinfectants Market
13. Western Europe Disinfectants Market
14. UK Disinfectants Market
15. Germany Disinfectants Market
16. France Disinfectants Market
17. Eastern Europe Disinfectants Market
18. Russia Disinfectants Market
19. North America Disinfectants Market
20. USA Disinfectants Market
21. South America Disinfectants Market
22. Brazil Disinfectants Market
23. Middle East Disinfectants Market
24. Africa Disinfectants Market
25. Disinfectants Market Competitive Landscape And Company Profiles
25.1. Disinfectants Market Competitive Landscape
25.2. Disinfectants Market Company Profiles
25.2.1. 3M Company
25.2.1.1. Overview
25.2.1.2. Products and Services
25.2.1.3. Strategy
25.2.1.4. Financial Performance
25.2.2. Johnson & Johnson
25.2.2.1. Overview
25.2.2.2. Products and Services
25.2.2.3. Strategy
25.2.2.4. Financial Performance
25.2.3. Reckitt Benckiser Group PLC
25.2.3.1. Overview
25.2.3.2. Products and Services
25.2.3.3. Strategy
25.2.3.4. Financial Performance
25.2.4. Bio-Cide International Inc.
25.2.4.1. Overview
25.2.4.2. Products and Services
25.2.4.3. Strategy
25.2.4.4. Financial Performance
25.2.5. Cardinal Health
25.2.5.1. Overview
25.2.5.2. Products and Services
25.2.5.3. Strategy
25.2.5.4. Financial Performance
26. Key Mergers And Acquisitions In The Disinfectants Market
27. Disinfectants Market Trends And Strategies
28. Disinfectants Market Future Outlook and Potential Analysis
29. Appendix
29.1. Abbreviations
29.2. Currencies
29.3. Research Inquiries
29.4. About the Publisher
29.5. Copyright And Disclaimer
Companies Mentioned
- 3M Company
- Johnson & Johnson
- Reckitt Benckiser Group PLC
- Bio-Cide International Inc.
- Cardinal Health
- Steris Corporation
- Procter & Gamble
- Kimberly-Clark Corporation
- Novartis AG
- BD
- Abc Compounding
- Advanced Sterilization Products
- American Biotech Labs
- Angelini Pharma Inc.
- Becton
- Dickinson And Company
- Nufarm Limited and Carefusion Corp
- Cantel Medical
- The Clorox Company
- Ecolab
- Diversey, Inc
- CarroLLClean
- Whiteley Corporation
- Gojo Industries, Inc
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