According to Our latest research report on “Antimicrobial and Disinfectant Chemicals Market” highlights the substantial global expansion occurring within this sector. The report encompasses projections for the years leading up to 2031, accompanied by a comprehensive analysis of the market’s current size, prevailing trends, market share, and economic insights.
The global antimicrobial and disinfectant chemicals Market were valued at $9.1 billion in 2019, and is projected to reach $17.1 billion by 2027, growing at a CAGR of 6.7% from 2020 to 2027. Disinfectants & antimicrobial chemicals are the type of chemicals used to destroy or control the growth of harmful organisms by chemical or biological process. Various types of disinfectants are available in the market, which include oxidizing agents, phenolic compounds, and aldehydes. Disinfectants and antimicrobial chemicals find their application across a wide range of industries such as paint & coatings, food & beverage processing, and medical & healthcare.
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In order to be able to fulfill rising demand, the chemical industry invests billions of dollars each year in new and sustaining capital. Chemicals and materials are omnipresent in contemporary life, therefore major changes will be required for chemical makers to function in a changing geopolitical environment on a global scale, either proactively or reactively. Chemical firms will probably need to prepare for difficulties in the upcoming year, such as global inflation and oil price instability.
Increase in demand for disinfectants from the industries such as building & construction and paints & coatings acts a key driving force of the global disinfectants & antimicrobial chemicals market. In addition, rise in consumer awareness toward infectious diseases is anticipated to fuel the growth of the market. However, introduction of new technologies such as UV radiations is diverting the attention of end users, which is expected to hamper the growth of the global market. On the contrary, upsurge in demand for disinfectant & antimicrobial chemicals from the food processing and water & wastewater treatment industries is expected to create remunerative opportunity for the expansion of the market during the forecast period.
The global antimicrobial and disinfectant chemicals market is segmented into function, product type, end use, and region. On the basis of function, the market is bifurcated into disinfectant & sanitizers and antimicrobial additives. Depending on the product type, it is classified into phenolics, iodophors, nitrogen compounds, organometallics, organosulfur, aldehydes, and other chemicals. Depending on the end use, it is fragmented into paint & coatings, food & beverage processing, medical & healthcare, plastics, textiles, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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KEY BENEFITS FOR STAKEHOLDERS
? The report includes in-depth analysis of different segments and provides market estimations between 2020 and 2027.
? A comprehensive analysis of the factors that drive and restrict the growth of the global antimicrobial and disinfectant chemicals Market is provided.
? Porter’s five forces model illustrates the potency of buyers & sellers, which is estimated to assist the market players to adopt effective strategies.
? Estimations and forecast are based on factors impacting the global antimicrobial and disinfectant chemicals Market growth, in terms of value and volume.
? The key market players are profiled to gain an understanding of the strategies adopted by them.
? This report provides a detailed analysis of the current market trends and future estimations from 2020 to 2027, which help to identify the prevailing market opportunities
KEY MARKET PLAYERS
– Asland Incorporated
– BASE SE
– Clariant AG
– Lanxess AG
– Solvay
– Stepan Group
– Lonza Group
– The 3M Company
– Ecolab Incorporated
Other players operating and analyzed in the antimicrobial and disinfectant chemicals Market are Evonik Industries AG, Betco, Ferro Corporation, Pilot Chemical, and Troy Corporation
KEY MARKET SEGMENTS
By Function
– Disinfectant & Sanitizers
– Antimicrobial Additives
By Product Type
– Phenolics
– Iodophors
– Nitrogen Compounds
– Organometallics
– Organosulfur
– Aldehydes
– Other Chemicals
By End Use
– Paint & Coatings
– Food & Beverage Processing
– Medical & Healthcare
– Plastics
– Textiles
– Others
By Region
– North America
o U.S.
o Canada
o Mexico
– Europe
o Germany
o France
o UK
o Italy
o Spain
o Rest of Europe
– Asia-Pacific
o China
o Japan
o India
o Australia
o South Korea
o Rest of Asia-Pacific
– LAMEA
o Brazil
o Saudi Arabia
o South Africa
o Rest of LAMEA
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Table of Contents:
- Introduction and Scope
- Definition and Forecast Parameters
- Methodology and Forecast Parameters
- Information Sources
- Latest Trends Summary
- Regional Trends
- Product Trends
- End-Use Trends
- Business Trends
- Industry Insights
- Industry Fragmentation
- Industry Landscape
- Vendor Matrix
- Technological and Innovative Landscape
- Market by Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
- Company Profiles
- Company Overview
- Financial Elements
- Product Landscape
- SWOT Analysis
- Systematic Outlook
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Key Questions the Report Discusses
- What essential elements emerged from both primary and secondary research?
- What will the market’s future potential be?
- Who examines the market report’s complete outcome?
- What obstacles and problems face the growth of an industry?
- What does supply chain analysis for products and market size, share mean?
- Which of the possible manufacturers is still operating in the market?
- What are the advantages, benefits, and applications of the product’s features?
- What are the main trends and influencing factors?
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