Disinfectant and Cleaning Agents Market Size, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2024 – 2032
Published on: 2024-08-03 | No of Pages : 240 | Industry : Healthcare
Publisher : MIR | Format : PDF&Excel
Disinfectant and Cleaning Agents Market Size, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2024 – 2032
Disinfectant and Cleaning Agents Market Size
Disinfectant and Cleaning Agents Market size is predicted to expand at a notable rate during 2024-2032 owing to increasing use in controlling contamination and killing harmful microorganisms. The incidence of hospital-acquired infections (HAIs) is growing across the world. The U.S. CDC has estimated that in the U.S. alone, HAIs are responsible for 1.7 million infections and 99,000 deaths every year. Some of the common examples of these infections, include hospital-acquired pneumonia, UTIs, surgical site infections, and bloodstream infections among others.
Furthermore, the growing prevalence of deadly infectious diseases including tuberculosis, HIV, hepatitis, and human papillomavirus (HPV), is increasing at an alarming rate. According to the USAID, Tuberculosis (TB) is one of the world's biggest infectious disease killers, resulting in almost 11 million TB infections and 1.6 million deaths yearly. Additionally, the occurrence of lifestyle diseases is growing worldwide, further enhancing the need for sprays and wipes to keep harmful germs at bay. However, side effects produced by certain toxic chemicals used in disinfectants and cleaning agents may hinder the industry gains to some degree during the forecast timeline.
Disinfectant and Cleaning Agents Market Trends
In recent years, the heightened awareness of hygiene and sanitation measures coupled with the increased demand for disinfection solutions to combat the spread of COVID-19 is positively influencing the market expansion as consumers are prioritizing cleanliness and safety in various settings worldwide. Innovations, such as nano-scale formulations, ultraviolet (UV) light disinfection, and electrostatic sprayers are enhancing the efficacy and efficiency of cleaning agents.
Manufacturers are also leveraging cutting-edge technologies to develop safer, more effective, and environmentally friendly cleaning solutions. To cite an instance, in November 2023, Byotro, a leading brand, introduced Chemgene MedLab, a new multi-surface disinfectant designed for cleaning and disinfecting laboratory surfaces, instruments, and equipment.
Disinfectant and Cleaning Agents Market Analysis
The disinfectant and cleaning agents industry is segmented into alcohols, quaternary ammonium compounds, aldehydes, chlorhexidine gluconate, and hypochlorite, among others. The alcohol segment is projected to capture a sizeable revenue share by 2032. Alcohols that typically contain 70% isopropyl alcohol or 60 to 80% ethyl alcohol are used as topical disinfectants. Various types of disinfectant alcohols are also effective against enveloped bacteria and viruses, further accelerating the product sales.
The disinfectant and cleaning agents market from the wipes segment is expected to record an appreciable CAGR from 2024-2032. This can be attributed to the several benefits associated with using disinfectant wipes, such as zero water consumption as compared to other cleaning agents and reduced chance of contamination. Moreover, the extensive use of wipes to disinfect medical devices, especially in situations where liquids or sprays are unfeasible is spurring several manufacturers to develop improved versions of their products to offer customers with better protection against harmful microorganisms. For instance, in June 2023, Berry Global announced its plans to launch a wide range of materials and sustainable solutions for hard surface disinfection, including a new wipes substrate material for the healthcare, hygiene, and food production sectors.
The disinfectant and cleaning agents industry covers diagnostic laboratories, pharmaceutical & biotechnology companies, hospitals, and others. The market revenue from the hospital segment will increase considerably by 2032. Disinfectants and cleaning agents are readily available across hospitals to enable regular and timely disinfection. The rising cases of HAIs in hospitals are prompting owners to increase their investments in high-quality disinfectants and other infection control products.
The North America disinfectant and cleaning agents market is set to exhibit robust progression from 2024-2032 led by the significant rise in the prevalence of chronic diseases. About 60% of adults in the U.S. are suffering from at least one chronic disease, with chronic ailments and mental health conditions accounting for 90% of the healthcare costs in the country. The overall percentage of the elderly population is also increasing across the region, heightening their risk of suffering from different types of disorder, further boosting the product demand in the region.
Disinfectant and Cleaning Agents Market Share
Key players in the disinfectant and cleaning agents industry are focusing on R&D activities and innovations for effective and sustainable cleaning solutions. They are also essaying strategic partnerships, marketing initiatives, and regulatory compliance efforts for increased global presence.
Some leading manufacturers operating in the disinfectant and cleaning agents industry are-
- Procter and Gamble
- Steris
- Ecolab
- The Clorox Company
- SC Johnson Professional
- Metrex Research
- Cantel Medical
- Diversey
- 3M Company
- Whiteley
Disinfectant and Cleaning Agents Industry News
- In April 2023, SC Johnson launched its new FamilyGuard™ Brand disinfectant formulations to help protect families from germs by cleaning hard, non-porous surfaces that are in frequent contact.