The global chemical disinfectants market is segmented by types into sprays, wipes, liquid and others, by end-users into hospitals, households, food and beverages and others and by regions. Chemical disinfectants market is expected to meet a CAGR of 4.7%during the forecast period.
The global chemical disinfectants market is observing robust growth owing to the increasing demand for hygiene in household, hospitals, clinics and other medical sectors. Increasing demand from the food industry and also growing need for hygiene and surface cleaning is also driving the demand for the chemical disinfectants globally. The rising number of health conscious consumers is anticipated to fuel the market growth of the chemical disinfectants worldwide. Chemical disinfectants serves wide range of functions such as surface cleaning, sterilizing medical-equipment etc. The use in food sectors is increasing tremendously as it requires very hygienic environment at every stage of food processing.
North America is the largest market for chemical disinfectants across the globe and is expected to grow at a significant growth rate over the forecast period. Europe region holds the second largest market followed by Asia Pacific on the account of rising population.
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High Application in Medical Industry
Chemical disinfectants are used for surface cleaning, maintaining hygiene etc. Chemical disinfectants are excessively used in the medical application. The need for sterilization of equipment and cleaning floors, washrooms, etc. are essential for medical sectors. The stringent government regulations leads to high application of chemical disinfectants especially in medical industry. The increasing initiatives of disinfecting surroundings in order to minimize the chronic diseases is also anticipated to upsurge the demand for the chemical disinfectants globally.
However, chemical disinfectants are highly toxic in nature. High exposure to chemical disinfectants may harm the human health adversely. The chemicals used in the chemical disinfectants are not environment friendly and their regular application can harm the health. The highly toxic nature of the chemical disinfectants is anticipated to hinder the market growth of the chemical disinfectants worldwide.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
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This report also provides the existing competitive scenario of some of the key players of the global chemical disinfectants market which includes company profiling of 3M, DuPont, ABC Compounding Co. Inc., Cardinal Health Inc., The Dow Chemical Company, Aditya Birla Chemicals Ltd., Airedale Chemical Company Limited, Mitsubishi Gas Chemical Company Inc, Evonik Industries, Lanxess. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global chemical disinfectants market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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