Antiseptic and Disinfectant Market to Reach $132 Billion by 2034 with 15.5% CAGR

Awareness about potential environment and health risks of traditional chemical-based products driving demand for antiseptics and disinfectants, says Fact.MR

Rising cases of infectious diseases, along with supposedly easier transmission of viruses in today’s times, are contributing to the growing requirements for antiseptics and disinfectants around the world. Increasing prevalence of diseases such as cholera, hepatitis A, typhoid, dengue, and food poisoning is being attributed to the lack of proper cleanliness, which is contributing to the growing requirement for antiseptics and disinfectants. The global antiseptic and disinfectant market size is valued at US$ 31.3 billion in 2024 and is projected to reach US$ 132 billion by the end of 2034, advancing at 15.5% CAGR from 2024 to 2034.

Infectious diseases have an adverse impact on individuals with weaker immune systems. With the maintenance of proper hygiene, it is possible to minimize the spread of infectious diseases. Therefore, increasing demand for several types of hygienic products, antiseptics, and disinfectants is seen in corporate places, healthcare settings, schools, and households, which is contributing to market expansion.

Healthcare providers practice sanitization of surgical instruments and medical apparatus to avoid disease transmission. More hospitals are implementing stringent protocols for infection control to minimize the risks associated with hospital-acquired infections (HAIs). An increasing number of surgical treatments is set to generate high demand for medical disinfectants. More manufacturers are focusing on strengthening their production capacities and offering a new range of products to match different medical requirements.

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Key Takeaway from the Antiseptic and Disinfectant Market Study:

• The global sales of antiseptic and disinfectant products are projected to reach US$ 132 billion by the end of 2034.
• The market in South Korea is calculated to increase at a CAGR of 17.3% from 2024 to 2034.
• North America is evaluated to account for 37.8% of the global market revenue share by 2034.
• Hospitals are forecasted to hold a 53.2% share of the global market by the end of 2034.
• Quaternary ammonium compounds are approximated to lead with 35.6% share of global market revenue by 2034.

“Rising cases of diseases, including typhoid, hepatitis A, dengue, cholera, etc., are because of lack of home cleanliness, which is generating steady demand for antiseptics and disinfectants,” says a Fact.MR analyst.

Surging Use of Quaternary Ammonium Compounds in Controlling Infections

Worldwide demand for quaternary ammonium compounds is calculated to increase at a CAGR of 17.4% and reach a value of US$ 46.93 billion by the end of 2034. The rising use of these compounds in various hospitals and clinics is owing to their aid in minimizing infections. Moreover, they are also used in disinfecting medical equipment.

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More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of the antiseptic and disinfectant market, presenting historical demand data (2018 to 2023) and forecast statistics for the period (2024 to 2034).

The study divulges essential insights into the market based on product (quaternary ammonium compounds, chlorine compounds, silver, alcohol-based, iodine, aldehyde-based, hydrogen peroxide, phenolic compounds), end user (hospitals, homecare settings, clinics, ambulatory surgical centers), and application (enzymatic cleaners, medical device disinfectants, surface disinfectants), across six major regions of the world (North America, Europe, East Asia, Latin America, South Asia & Oceania, and MEA).

Key Companies Profiled:

3M; Bio-Cide International; Sceptre Medical India; Reckitt Benckiser; Johnson & Johnson; BD; Kimberly-Clark Corporation (Hakle); STERIS plc; Cardinal Health

Industry News:

Sceptre Medical India is one of the prominent antiseptic and disinfectant manufacturers. In October 2020, it expanded its manufacturing capacity in the United States and the United Kingdom to increase sales.

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