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Disinfectants Market Growth Outlook Through 2024-2033

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Uday Kiran
Disinfectants Market Growth Outlook Through 2024-2033

The disinfectants market size is expected to see rapid growth in the next few years. It will grow to <b>$12.35 billion in 2028 at a compound annual growth rate (CAGR) of 13.0%. </b> The growth in the forecast period can be attributed to global health emergencies, aging population, increased travel and urbanization, green and sustainable practices. Major trends in the forecast period include antimicrobial resistance (amr), remote disinfection technologies, customized disinfection protocols, residential disinfection services.

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Segmentation & Regional Insights

The disinfectants market covered in this report is segmented –

1) By Type: Quaternary Ammonium Compounds, Peracetic acid, Chlorine Compounds, Hydrogen Peroxide, Alcohols And Aldehyde Products, Other Types

2) By Form: Liquid, Sprays

3) By End User: Hospitals, Clinics, Domestic Users, Other End Users

<b>Asia-Pacific</b> was the largest region in the disinfectants market in 2023. <b>Western Europe</b> was the second-largest region in the global disinfectants market. The regions covered in the disinfectants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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Major Driver Impacting Market Growth

Increasing healthcare spending is expected to propel the growth of the disinfectant market going forward. Healthcare spending refers to the amount of money spent on health care and related activities such as private and public health insurance, health research, and public health activities. As healthcare spending increases, there is a corresponding increase in demand for disinfectants in healthcare facilities, diagnostic laboratories, pharmaceutical and biotechnology companies, and research laboratories. For instance, according to the National Health Expenditure Account (NHEA), published by the Centers for Medicare and Medicaid Services, a US-based federal agency, U.S. healthcare spending grew 2.7% in 2021, reaching $4.3 trillion or $12,914 per person. As a share of the nation's Gross Domestic Product, health spending accounted for 18.3%. Thus, enhanced healthcare infrastructure is driving the growth of the disinfectant market.

Key Industry Players

Major companies operating in the disinfectants market include <b> 3M Company, Johnson & Johnson, Reckitt Benckiser Group plc, Bio-Cide International Inc., Cardinal Health Inc., Steris plc, Procter & Gamble, Kimberly-Clark Corporation, Novartis AG, Becton, Dickinson and Company, ABC Compounding Co. Inc., Advanced Sterilization Products Services Inc., American Biotech Labs LLC., Angelini Pharma Inc., Nufarm Limited, Cantel Medical Corporation, Clorox Company, Ecolab Inc., Diversey Inc, CarroLLClean LLC, Whiteley Corporation, Gojo Industries Inc., SC Johnson & Son Inc., Best Sanitizers Inc., Himalaya Wellness Company, Henkel AG & Co. KGaA, Unilever plc, Vi-Jon Laboratories Inc., Chattem Inc., Kutol Products Company Inc., Skinvisible Inc., Nice-Pak Products Inc., Lion Corporation, Medline Industries LP, Zep Inc., Betco Corporation </b>

The disinfectants market report table of contents includes:

  1. Executive Summary
  2.    Disinfectants Market        Characteristics
  3.    Disinfectants Market        Trends And Strategies
  4.    Disinfectants Market        - Macro Economic Scenario
  5. Global   Disinfectants Market        Size and Growth

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  1. Global   Disinfectants Market        Competitive Benchmarking
  2. Global   Disinfectants Market        Competitive Dashboard
  3. Key Mergers And Acquisitions In   Disinfectants Market        
  4.    Disinfectants Market        Future Outlook and Potential Analysis
  5. Appendix

 

Top Major Players :

  • 3M Company
  • Johnson & Johnson
  • Reckitt Benckiser Group PLC
  • Bio-Cide International Inc.
  • Cardinal Health Inc.


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