Disinfectant & Antimicrobial Chemicals Market Growth Rate, Future Trends and Challenges, Major Drivers and Opportunities to 2029

Albany, US, 2019-Oct-28 — /EPR Network/ —Disinfectant & antimicrobial chemicals are used to destroy microorganisms or to inhibit their growth. Disinfectants are mainly used as surface-active agents, applied on the surface of inanimate objects, materials or to prevent infection on tissues before surgery. Whereas antimicrobials are mainly used as antibiotics and antiseptics which not only destroy microorganisms on living tissue but also destroy microorganisms within the body. Disinfectant & antimicrobial chemicals inhibits the growth by destroying the cell wall of microorganisms or stop the reproduction of microorganisms by interfering with their metabolic activity. Disinfectant & antimicrobial chemicals will witness a significant growth as antimicrobial agents in products such as paint, floor coverings, home textiles, and other construction materials.

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In the market of disinfectant & antimicrobial chemicals, prominent players have witnessed several recent developments, expansions, mergers and joint ventures to strengthen their market position and to offer long-term supply to their customers. For instance, in February 13, 2018, AkzoNobel and Evonik Industries AG successfully started up a joint ventured plant to manufacture chlorine and potassium hydroxide at the company’s Ibbenbüren site in Germany. Chlorine is used as an essential ingredient in the manufacturing process of disinfectants. Advantages of antibacterial products along with need to ensure hygienic conditions in medical, households and commercials will support the disinfectant & antimicrobial market.

Disinfectant & Antimicrobial Chemicals Market: Segmentation

The global disinfectant & antimicrobial chemicals market is bifurcated into four major segments: functions, chemical products, end user industry and region.

On the basis of functions, the global disinfectant & antimicrobial chemicals market is divided into:

  • Disinfectants & sanitizers
  • Antimicrobial additives

Disinfectant & Antimicrobial Chemicals Market: Regional Outlook

The report on the global disinfectant & antimicrobial chemicals market covers six major regions that include North America, Europe, Latin America, East Asia, South Asia & Oceania, and MEA. North America dominates the disinfectant & antimicrobial chemicals market of disinfectant and set to continue the reign in the forecast period followed by Europe. Furthermore, due to the significant population, rising health concerns, an increase in the number of health care setups are to set to spur the growth of disinfectant & antimicrobial chemicals market in the Asia Pacific region.

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Disinfectant & Antimicrobial chemicals Market: Key Players

Prominent players in the global disinfectant & antimicrobial chemicals market are Akzo Nobel NV, Evonik Industries AGBetco, 3M, BASF SE, LANXESS AG, Solvay SA and others. The disinfectant & antimicrobial chemicals market consists of well-diversified global and regional players with global vendors ruling the market.

The research report presents a comprehensive assessment of the disinfectant & antimicrobial chemicals market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Disinfectant & antimicrobial chemicals market report provides analysis and information, according to market segments such as geographies, source, type, and application.

Increasing concerns related to transmission diseases to Open Avenues for the Disinfectant & Antimicrobial Chemicals Market

Increasing concerns related to transmitting diseases such as AIDS and hepatitis will spur the use of more effective disinfectant & antimicrobial chemicals. The use of disinfectant agents in food processing facilities and safety concerns related to food and beverages will support the healthy growth of disinfectant & antimicrobial chemicals market.

The high cost of new product developments and competition from low-value chemicals will impact the disinfectant & antimicrobial chemicals market. Additionally, new mechanical processes such as ultraviolet radiations are gaining momentum, which will hamper the market in the long term forecast period.

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