Global Alcohol Based Disinfectants Market, By Product (N-Propyl Alcohol, Methyl Alcohol, Ethyl Alcohol, Isopropyl Alcohol), Usage Form (Spray, Gel, Wipes, Liquid), End-Use (Residential, Commercial), Industrial (Agriculture, Food and Beverage), Application (Sanitizers, Clinical Devices, Clinical Surfaces) – Industry Trends and Forecast to 2029.
Alcohol Based Disinfectants Market Analysis and Size
Alcohol-based disinfectants market is anticipated to witness significant growth due to high demand from several end-use industries. These disinfectant is an anti-microbial agent which is used to kill any viruses or microorganisms. The increasing rate of infectious diseases globally increases the demand for alcohol based disinfectants in the market. Increasing awareness regarding hygiene and the growing incidence of hospital-acquired infections are some major factor which boost the market growth during the forecast period.
Data Bridge Market Research analyses that the alcohol based disinfectants market was valued at USD 2.18 billion in 2021 and is expected to reach USD 5.21 billion by 2029, registering a CAGR of 11.50% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Alcohol Based Disinfectants Market Scope and Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2022 to 2029
|
|
Base Year
|
2021
|
|
Historic Years
|
2020 (Customizable to 2014 - 2019)
|
|
Quantitative Units
|
Revenue in USD Billion, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Product (N-Propyl Alcohol, Methyl Alcohol, Ethyl Alcohol, Isopropyl Alcohol), Usage Form (Spray, Gel, Wipes, Liquid), End-Use (Residential, Commercial), Industrial (Agriculture, Food and Beverage), Application (Sanitizers, Clinical Devices, Clinical Surfaces)
|
|
Countries Covered
|
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
|
|
Market Players Covered
|
Stepan Company (U.S.), Dow (U.S.), 3M (U.S.), DuPont (U.S.), Evonik Industries AG (Germany), Procter & Gamble (U.S.), SABIC (Saudi Arabia), The Clorox Company (U.S.), LANXESS (Germany), Kao Corporation (Japan), Ecolab (U.S.), Spartan Chemical Company, Inc, (U.S.), Johnson & Johnson Private Limited (India), BODE Chemie GmbH (Germany), ACURO ORGANICS LIMITED (India), Reckitt Benckiser Group plc (U.K.), Jainam Invamed Private Limited (India)
|
|
Market Opportunities
|
|
Market Definition
Alcohol based anti-microbial agents are used to kill harmful microorganisms, mainly disinfectants. These alcohol based disinfectants can efficiently kill the germs and evaporate immediately. These disinfectants comprise ethanol as a basic element and are extensively used in numerous facilities for equipment sterilization. The most commonly used disinfectants are isopropanol and ethanol because they coagulate proteins and destroy the most of the lipophilic viruses. Disinfectants are both safe and effective choices to be used, it depends on the different situations.
Global Alcohol Based Disinfectants Market Dynamics
Drivers
- Increasing number of stringent regulations for the use of surface disinfectants
The rise in number of stringent rules focus on the growth of the appropriate policies for housekeeping services, which puts a premium on sanitation and good housekeeping. During the COVID-19 pandemic, elevated the consumer awareness regarding the significance of maintaining a minimal degree of sanitation in all the areas. The large number of diseases are affected by unsanitary situations which either the reason of their transmission. The imposition of government rules increases the awareness regarding hygiene, which has augmented the demand for surface disinfectants and is expected to drive the growth of the alcohol-based disinfectant market.
- Rising demand of alcohol-based disinfectants for clinical devices
The alcohol based disinfectants is used for clinical devices due to their efficacy in killing an extensive range of microorganisms. They are also non-toxic and easy to use, making them perfect for medical use. Some of the major applications in clinical devices include disinfecting endoscopes. Alcohol based disinfectants are extensively used to disinfect and clean endoscopes. They effectively kill different types of microorganisms such as viruses, bacteria and fungi. Thus, the increasing demand for alcohol-based disinfectants for clinical devices will likely boost the market growth.
Moreover, rising product demand in commercial and domestic applications is a major factor which is expected to escalate the market growth. Also, increasing product usage in agricultural sector to disinfect fertilizers to upsurge crop yield is also the major factors among others that is anticipated to drive the alcohol based disinfectants market
Opportunities
- High usage of alcohol-based disinfectant as cleansing agent
Alcohol based disinfectant is a strong cleaning agent used in several facilities for many equipment sterilization. Increasing consumer preference for using hand sanitizers in their lifestyle has increased the growth of the global alcohol-based disinfectants market. It is widely used as a cleaning agent in hand sanitizers. Rising change in demand for industrial and domestic disinfectants is projected to create immense opportunities for the market growth in upcoming years.
Moreover, continuous R&D activities and rapid urbanization will further create new opportunities for the growth of the alcohol-based disinfectants market during the forecast period of 2022-2029.
Restraints/ Challenges
- Availability of alternatives
The presence of numerous alternatives such as non-alcohol-based disinfectant in the market is the major factor among others acting as a restraint. It will further challenge the growth of alcohol based disinfectants market during the forecast period mentioned above.
This alcohol based disinfectants market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the alcohol based disinfectants market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Alcohol Based Disinfectants Market
The COVID-19 outbreak has highlighted the market's requirement for surface disinfection and cleaning practices. During pandemic, the virus has quickly spread to all parts of the globe and infected millions of people, which has led to the revision of hygiene and cleanliness practices across the regions. The pandemic increased the demand for alcohol-based disinfectants among non-healthcare entities and healthcare. In most cases, high-touch surfaces such as instruments, protective gear, beds, handles and medical devices were required to be disinfected using alcohol-based disinfectants to prevent hospital-acquired infections (HAIs). So during the pandemic, the demand for alcohol-based disinfectants in many sectors significantly increased.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Alcohol Based Disinfectants Market Scope
The alcohol based disinfectants market is segmented on the basis of product, usage form, end-use, industrial and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- N-Propyl Alcohol
- Methyl Alcohol
- Ethyl Alcohol
- Isopropyl Alcohol
Usage Form
- Spray
- Gel
- Wipes
- Liquid
End-Use
- Residential
- Commercial
Industrial
- Agriculture
- Food and Beverage
Application
- Sanitizers
- Clinical Devices
- Clinical Surfaces
Alcohol Based Disinfectants Market Regional Analysis/Insights
The alcohol based disinfectants market is analysed and market size insights and trends are provided by country, product, usage form, end-use, industrial and application as referenced above.
The countries covered in the alcohol based disinfectants market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the alcohol based disinfectants market in terms of market share. This is due to the increasing alcohol-based disinfectant demand in medical sector for equipment sanitization. Also, the growing cases of hospital-acquired infections and stringent government rules boost the growth of the alcohol-based disinfectants market in this region.
Asia-Pacific will dominate the alcohol based disinfectants market during the forecast period of 2022-2029 due to growing consumer disposable income levels, growing population, industrialization and rapid urbanization in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Alcohol-Based Disinfectants Market Share Analysis
The alcohol based disinfectants market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to alcohol based disinfectants market.
Some of the major players operating in the alcohol based disinfectants market are:
- Stepan Company (U.S.)
- Dow (U.S.)
- 3M (U.S.)
- DuPont (U.S.)
- Evonik Industries AG (Germany)
- Procter & Gamble (U.S.)
- SABIC (Saudi Arabia)
- The Clorox Company (U.S.)
- LANXESS (Germany)
- Kao Corporation (Japan)
- Ecolab (U.S.)
- Spartan Chemical Company, Inc (U.S.)
- Johnson & Johnson Private Limited (India)
- BODE Chemie GmbH (Germany)
- ACURO ORGANICS LIMITED (India)
- Reckitt Benckiser Group plc (U.K.)
- Jainam Invamed Private Limited (India)
SKU-