SOURCE: Global Industry Analysts, Inc.
GIA announces the release of a comprehensive global report on the Disinfectants markets. The global Disinfectants market is projected to reach US$3.7 billion by 2018, driven mainly by the growing focus on safety and sanitization, and increasing adoption in seawater desalination processes.
San Jose, CA (PRWEB) March 22, 2013
Growing emphasis on sanitation and hygiene practices is fuelling demand for disinfectants across industries like food processing, healthcare and consumer. Stringent regulations governing the food processing industry is a major factor driving demand for disinfectants that sanitize food preparation surfaces. In the healthcare sector, demand for disinfectants is driven by the implementation of intensive infection control programs to prevent the spread of infectious diseases. Increased use of disinfectants helps in reducing infections, including reverse outbreak of diseases in hospitals and health clinics. In the consumer sector, growing awareness about household sanitation is driving growth.
Growth in the market is also driven by the increase in the spread of infectious diseases. The last decade witnessed the outbreak of H1N1 virus and avian influenza. Global disinfectant sales withstood the pressure of the 2007-2009 economic recession backed by increased focus on hygiene and concerns over the spread of infectious diseases in residential, commercial and industrial spaces. Although a slight slowdown in growth rate is expected for 2013, especially in Europe on account of the ongoing Euro crisis, global sales of disinfectants are expected to witness healthy growth in the next few years.
A key trend in the market is the rising popularity of efficient and environment friendly products. Residual disinfectants on surfaces like floors, walls, utensils, medical equipment can impact both the environment and human health. The tightening regulatory ecosystem governing the production and use of disinfectants is leading manufacturers of household cleaning agents to accept environmental responsibility and use eco-friendly raw materials to produce green products. Growing environmental awareness is a factor responsible for the rapidly shifting consumer preference for eco-friendly products. The trend is evident in the strong sales growth of environmental friendly cleaning products in recent years. Manufacturers are therefore investing resources in developing innovative eco-friendly cleaning products like green disinfectants, dish detergents, and cleaners. In addition, growing global population is contributing to a steep rise in demand for potable/fresh water, which in turn contributes to the rise in demand for a wide array of water treatment and desalination products including water disinfection products.
The United States represents the largest market worldwide, as stated by the new market research report on Disinfectants. Growth in the matured US market will be driven by innovations in product performance enhancements. While the developed markets in the West continue to saturate, future growth for disinfectants is expected to emanate from developing countries like India and China. Asia-Pacific is forecast to lead growth with a projected CAGR of 10% over the analysis period. Growth in the region will be driven by growing population, GDP growth, rising standards of living, discretionary spends and increasing focus on hygiene, health and better living.
Industrial Processing represents the largest end-use market for disinfectants. Food processing, a part of industrial processing sector, continues to be the leading end-use sector, encouraged by the growing frequency of outbreaks of foodborne illnesses. Although disinfectants are used in all levels of the food production process, the processing level has the highest contamination risks and will therefore lead volume consumption of disinfectants. The need to comply with stringent rules and regulations designed to ensure safety of food supply will also boost demand for disinfection products in the food service industry. Disinfection equipment will also gain from the growing popularity of new technologies, such as ozone and ultraviolet disinfection.
Major players profiled in the report include 3M Company, Ecolab Inc., Henkel AG & Co., KGaA, Kao Corporation, Prestige Brands Inc., Procter & Gamble Company, Reckitt Benckiser Plc, SC Johnson & Son Inc., Diversey Inc., The Clorox Company, Unilever Plc, and Zep Inc., among others.
The research report titled “Disinfectants: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, growth drivers, product overview, product launches, strategic corporate developments, and profiles of key players. The report provides market estimates and projections in US$ for all major geographic markets including the US, Canada, Japan, Europe (France, Germany, Italy, UK, and Rest of Europe), Asia-Pacific, The Middle East & Africa, and Latin America. Major end-use markets analyzed include Industrial Processing; Pharma & Healthcare; and Consumer & Other Applications. Key product segments analyzed include Aerosol and Non-Aerosol Disinfectants.
For more details about this comprehensive market research report, please visit –
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
Global Industry Analysts, Inc.
Web Site: http://www.StrategyR.com/
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