DISINFECTANTS MARKET ANALYSIS

Disinfectants Market Size and Trends

The disinfectants market is estimated to be valued at USD 9.72 Bn in 2024 and is expected to reach USD 15.72 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 7.1% from 2024 to 2031.

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The global disinfectants market is expected to witness significant growth over the forecast period. Increased consumer awareness about health and hygiene and ongoing innovations led by key players to develop sustainable and eco-friendly disinfectants are some key factors expected to drive the demand. Additionally, rising prevalence of hospital acquired infections and implementation of various government regulations regarding the use of disinfectants in healthcare settings will further aid the market expansion. Growing requirement of surface disinfectants across the food processing and hospitality industries due to the COVID-19 pandemic is also projected to promote the business outlook. However, the availability of alternate cleaning chemicals and strict environmental & safety regulations for certain chemically-based products may hamper the revenue index of disinfectants over the coming years.

Rising threat of hospital acquired infections

The growing risk of hospital acquired infections among patients has compelled healthcare facilities to pay greater attention to disinfection and sanitization practices. Constant influx of patients combined with their susceptibility to several ailments increases the chances of spreading infections within hospitals. Even a slight oversight in sanitizing routine can have devastating consequences. In recent times, many medical institutes have reported outbreaks of drug-resistant pathogens that are proving hard to treat. This has emerged as a serious concern worldwide. The need to bolster hygienic standards and boost disinfection protocols has prompted hospitals to extensively utilize disinfectants in all possible areas where bacterial or viral transmissions may occur. From high touch surfaces in operating rooms and ICUs to equipment handled by numerous persons each day, healthcare providers have widened the application of disinfectants. This is positively impacting the sales of various disinfectant types meant for surface disinfection as well as instrument disinfection in the hospital environment. As keeping healthcare facilities infection-free grows more crucial than ever before.

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Increasing hygiene mindfulness in households

While the COVID-19 pandemic has made cleanliness and sanitization a priority in all public spaces, it has also raised awareness about personal hygiene among citizens. People have become far more attentive to germ transmission and the role of regular disinfection in containing the spread of infectious diseases. Countless lives were lost due to neglecting hygiene during the worst outbreaks. This unfortunate experience has instilled diligence towards maintaining clean home environments. From frequently sanitizing high-touch surfaces to practicing good hand hygiene, individuals have incorporated disinfection routines in their daily lives. Consequently, the sales of household disinfectants has picked up significantly as people clean more meticulously. Moreover, concerns around the next health crisis have made preventive disinfection a regular household chore for many. As long as hygiene remains a non-negotiable aspect of self-care, can expect continued rise in domestic usage of disinfectants for multi-purpose cleaning and disinfecting of homes, thereby driving the overall market growth.