As per our research report, the global antiseptics and disinfectants market size is anticipated to grow at 6.77% CAGR from 2020 to 2025. The market is to value USD 7.1 billion in 2020 and forecasted to raise USD 9.9 billion by 2025.
Antiseptics and disinfectants are widely used in hospitals, clinics, and houses. They are used to kill microorganisms, whereas antiseptics are used on the living bodies, and disinfectants are used on the non-living thing surfaces. Antiseptics are applied to the skin, which helps to kill microorganisms and avoid transmission of diseases. Disinfectants are used to sterilize the surfaces like countertops, floors, handles, and others.
Antiseptic is a chemical substance used to kill the pathogens and harmful microorganisms in or on the human body's surface tissue. They mainly act by dissolving cell membranes, protein denaturation, and cause dehydration of the cells due to evaporation. For instance, Chloroxylenol is a chlorinated phenolic antiseptic mostly active against gram-positive bacteria and is used in lubricating cream for vaginal examination.
On the other hand, disinfectants are chemicals used to kill pathogenic microorganisms in or on the surface of objects. The disinfectant's main course of action includes the disruption of cell membranes and the cell's denaturation of proteins and enzymes. These chemical agents are very effective against vegetative gram-positive and gram-negative bacteria, mycobacteria, and viruses. For instance, Lysol, a phenol compound, is used as a general disinfectant for domestic or hospital use like disinfection of floors, bathrooms, washbasins, organic waste such as sputum, feces, urine, etc.
Impact of COVID-19 on antiseptics and disinfectants market
The COVID-19 outbreak is a pandemic across the world, and this has helped the global antiseptics and disinfectants market to grow at a higher rate during the forecast period. Sanitizing frequently is considered as an effective way to control the spread of this disease. The rise in the number of people affected by COVID-19 is propelling the demand of the market. It is highly essential to sanitize the isolation wards and other places where disinfectants play a crucial role. Washing hands frequently with antiseptic liquids will reduce the illness caused by germs. Manufacturers are keeping many efforts to supply the required number of products to the market.
The rise in the incidences of life-threatening diseases like COVID-19 across the globe is undoubtedly a significant factor in the growth of the market. Increasing prevalence to wash hands frequently to kill germs is anticipated to fuel the demand of the market. On-going research on the development of new products with advanced technology is accelerating the need for the market additionally. The growing scale of hospitals and clinics with the spread of COVID-19 is positively impacting the market growth. According to the Centers for Disease Control and Prevention (CDC), 1 out of 25 people suffers from healthcare-associated infections every year.
Furthermore, rising cases of HAIs due to lack of sanitation and prevention is expected to drive the global antiseptics and disinfectants market growth. It is anticipated that policy efforts to reduce HAI cases and raise awareness of home and personal hygiene would create growth opportunities for market players. Increasing awareness, particularly in developing economies like the Asia Pacific, Middle East, Africa, and Latin America, is expected to boost the market quickly.
Suitable reprocessing of medical devices and endoscopes is quite necessary because the infection can be spread from one patient to the next as these devices come into close contact with the skin and body. In hospitals, approaches are necessary to maintain sufficient hygiene and sanitation, reducing the risk of HAIs. This trend is expected to fuel market growth throughout the forecast period for antiseptics and disinfectants.
Additionally, factors such as an increasing percentage of hospitals and advanced healthcare facilities across the globe and the rising trend of the health club and fitness center are expected to drive the antiseptics and disinfectants market. Moreover, the young generation's keen interest in precaution over the flu, bacterial and viral infections will probably increase the demand for antiseptics and disinfectants.
However, the lack of complete knowledge over the use of these products, fluctuations in the availability of different chemical agents is hindering market growth to a small extent. Strict rules and regulations by government officials in approving new products in concern towards public safety are also impeding the demand of the market. Some of the disinfectants are also high in risk when used regularly, limiting the need for this market.
Market Size Available
2019 to 2025
2020 to 2025
By End User, Type and Region
Various Analyses Covered
Global, Regional & Country Level Analysis, Segment-Level Analysis, Drivers, Restraints, Opportunities, Challenges, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities
North America, Europe, Asia Pacific, Latin America, Middle East & Africa
This research report on the global antiseptics and disinfectants market has been segmented and sub-segmented based on type, end-user and region.
Antiseptics and Disinfectants Market – By Type:
Based on type, the Alcohol and aldehydes segments accounted for the largest share of the market. The impact of COVID-19 is making this segment to grow enormously. Rising demand for sanitizing the isolation wards and other places frequently is a significant factor for this to the segment. Phenols and derivatives segment is holding the most significant shares following alcohol and aldehydes segments. Increasing prevalence to maintain hygiene conditions at houses, offices, and others are leveling up the growth rate of this segment. Biguanides and amides segment is expected to have a significant growth rate in the coming years. Quaternary ammonium compounds and others are to have slow growth during this period.
Antiseptics and Disinfectants Market – By End-User:
Based on End User, the Institutional user segment is ruling with dominant shares of the market. Increasing research and development activities in institutes to develop innovative products is likely to bolster the market demand. The domestic user segment is positioned second in leading dominant shares of the market. Increasing usage of antiseptics and disinfectants in hospitals, clinics, and other places to control the spread of transmission diseases is elevating the market's growth rate.
Antiseptics and Disinfectants Market – By Region:
North America was the leader in the global market in 2019. It is expected to witness moderate growth within the forecast period due to the saturation of the red meat market in the U.S. and Mexico on antiseptic and disinfectant. It is expected to harm the antiseptic and disinfectant market over the years. However, the demand for antiseptic and disinfectant has been increasing in the past few years, owing to the rising awareness of antiseptic and disinfectant nutritional benefits. Major companies in the U.S.U.S. are expanding their vegetable production capacities to keep up with the growing demand for imports in the U.S. market. It is expected to fuel the market growth of the antiseptic and disinfectant market. Besides, a high literacy rate coupled with the increasing number of healthcare centers and business centers is likely to contribute to the growth of the antiseptic and disinfectant market.
Europe accounts for the significant share of the global antiseptic and disinfectant market. The region is expected to witness growth on account of rising healthcare expenditure in Norway, Denmark, and other European countries. From the last decade, there is markedly increased in the domestic use of antiseptic and disinfectant in this region due to increasing awareness about pandemic diseases such as spreading flu and viral infections.
Asia Pacific is expected to witness the highest CAGR during the forecast period due to the widespread popularity of Ayurveda in this region. The growing number of the medical sector coupled along with literacy rates, mainly in China, India, Indonesia, and Thailand is driving the antiseptic and disinfectant market in this region. Besides, raising awareness towards personal care and maintaining hygiene in emerging economies of China and India is expected to augment the market growth of antiseptics and the disinfectant market in this region shortly.
List of key market participants profiled in this report
The global antiseptics and disinfectants market is dominated by companies like 3M Company, Abc Compounding, Advanced Sterilization Products, American Biotech Labs, Angelini Pharma Inc., Becton, Dickinson And Company, Bio-Cide International Inc., Cardinal Health, Nufarm Limited, and Carefusion Corp.
RECENT MARKET DEVELOPMENTS
In June 2018, Johnson & Johnson reported the Fortive Corporation's binding offer to purchase its Advanced Sterilization Products (ASP), a subsidiary of Ethicon, Inc. It will allow the company to broaden its sterilization product range and will also help to increase the customer base worldwide.
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3.1 Executive Summary
3.2 Key Inferences
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 End User
5.1.2 Domestic User
5.1.3 Institutional User
5.1.4 Y-o-Y Growth Analysis, By End User
5.1.5 Market Attractiveness Analysis, By End User
5.1.6 Market Share Analysis, By End User
5.2.2 Alcohol and Aldehyde
5.2.3 Phenols and Derivatives
5.2.4 Biguanides and Amides
5.2.5 Quaternary Ammonium Compounds
5.2.6 Iodine Compounds
5.2.8 Y-o-Y Growth Analysis, By Type
5.2.9 Market Attractiveness Analysis, By Type
5.2.10 Market Share Analysis, By Type
6. Geographical Analysis
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
126.96.36.199 By Geographical Area
188.8.131.52 By End User
184.108.40.206 By Type
6.1.4 Market Attractiveness Analysis
220.127.116.11 By Geographical Area
18.104.22.168 By End User
22.214.171.124 By Type
6.1.5 Market Share Analysis
126.96.36.199 By Geographical Area
188.8.131.52 By End User
184.108.40.206 By Type
6.2 North America
6.1.2 United States
6.3.6 South Korea
6.5 Latin America
6.4.5 Rest of Latin America
6.6 Middle East & Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 3M Company
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Abc Compounding
8.3 Advanced Sterilization Products
8.4 American Biotech Labs
8.5 Angelini Pharma Inc.
8.6 Becton, Dickinson And Company
8.7 Bio-Cide International Inc.
8.8 ICardinal Health
8.9 Carefusion Corp.
8.10 Nufarm Limited
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
a) List of Tables
b) List of Figures