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2020

Antimicrobial & Disinfectant Chemicals Market

Antimicrobial & Disinfectant Chemicals Market Size, Share, Competitive Landscape and Trend Analysis Report, by Function, Product Type and End Use : Global Opportunity Analysis and Industry Forecast, 2020-2027

MC : Renewable, Speciality and fine chemicals

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Author's: Saurabh Dixit| Rutuja Danekar | Eswara Prasad
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Antimicrobial & Disinfectant Chemicals Market Outlook -2027

The global Antimicrobial & Disinfectant chemicals Market size was valued at $9.1 billion in 2019, and is projected to reach $17.1 billion by 2027, growing at a CAGR of 6.7% from 2020 to 2027.

Disinfectant and antimicrobial chemicals are used for the inhibiting the growth of microorganisms. These are the types of specialty chemicals used to keep house, offices, schools, industrial equipment, processing facilities, and other public places clean & hygienic. Antimicrobials include antiseptics, antibiotics, antifungals, antiprotozoals, and antivirals, whereas alcohols, aldehydes, and phenolic compounds are considered as disinfectants. Disinfectants and antimicrobial chemicals are majorly applicable in paints & coatings, healthcare, food & beverage processing, textile, and plastic industries.

Antimicrobial-&-disinfectant-chemicals-Market-2020-2027

For the purpose of analysis, the global Antimicrobial & Disinfectant chemicals Market is segmented into function, product type, end use, and region. On the basis of function, the market is bifurcated into disinfectant & sanitizer and antimicrobial additives. Depending on the product type, it is fragmented into phenolics, iodophors, nitrogen compounds, organometallics, organosulfur, aldehydes, and other chemicals. By end use, it is segregated into paint & coatings, food & beverage processing, medical & healthcare, plastics, textiles, and others.

The key players operating in the global Antimicrobial & Disinfectant chemicals Market are BASE SE, Clariant AG, DOW chemicals, Ecolab Incorporated, Lanxess AG, Lonza Group, Solvay, Stepan Group, and The 3M Company.

Other players profiled in the report include Evonik Industries AG, Betco, Ferro Corporation, Pilot Chemical, and Troy Corporation.

Antimicrobial & Disinfectant chemicals Market, by function

By function, the disinfectants & sanitizer segment held the highest market share of around 59.9% in 2019, and is expected to maintain its dominance during the forecast period. This is attributed to increase in demand from hospitals, restaurants, commercial offices, and residential applications.

Antimicrobial & Disinfectant Chemicals Market
By Function
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antimicrobial additive is projected as the fastest growing segment.

Antimicrobial & Disinfectant chemicals Market, by product type

On the basis of product type, the organosulfur segment garnered the largest share of around 28.7% in 2019, and is anticipated to continue this trend in the near future. This is attributed to surge in demand to control or destroy the growth of the microorganisms in various applications.

Antimicrobial & Disinfectant Chemicals Market
By Type
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Organosulfure is lucrative segment of market.

Antimicrobial & Disinfectant chemicals Market, by End Use

Depending on end use, in 2019, the paints & coatings segment held 39.6% of the market share, in terms of revenue, and is expected to grow at a CAGR of 6.8%. This is attributed to increase in building & construction and upgrading infrastructure activities in the regions, including North America, the Middle East, and Asia-Pacific

Antimicrobial & Disinfectant Chemicals Market
By End Use
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Paints and Coating segment is projected as the fastest growing segment.

Antimicrobial & Disinfectant chemicals Market, by region

Asia-Pacific led the market 2019, and is anticipated to maintain this trend during the forecast period, owing to rise in awareness toward infectious diseases, strong economic growth, surge in demand from paints & coatings as well as building & construction industries. In addition, more than 46.2% of the total Asia-Pacific antimicrobial & disinfectant chemicals Market share in terms of value is from the highest disinfectant and antimicrobial chemicals producing countries such as China and India.

Antimicrobial & Disinfectant Chemicals Market
By Region
2027
Asia Pacific 
North America
Europe
LAMEA

Asia Pacific hold major share in global market

COVID-19 impact analysis

The outbreak of COVID-19 has boosted the demand for disinfectant & antimicrobial chemicals from the sectors such as healthcare, pharmaceutical, and consumer goods. This has further fueled the need for antimicrobial products, which, in turn, is anticipated to drive the growth of the antimicrobial & disinfectant chemicals Market in this pandemic. Most of the economies across the globe are complying with the stringent measures imposed such as maintaining social distancing, disinfecting surfaces, maintaining personal hygiene, and limiting movements to prevent the spread of coronavirus. This has further resulted in surge in demand for disinfectant & antimicrobial chemicals. 

Offices and commercial institutions are the important part of economy and cannot be under lockdown for extended period of time. Post COVID-19, working at offices may not remain the same, and hygienic practices are likely to be implemented, thus boosting the demand for antimicrobial and disinfectant chemicals. 

Key Benefits For Stakeholders

  • The report includes in-depth global antimicrobial & disinfectant chemicals Market analysis of different segments and provides market estimations between 2020 and 2027.
  • A comprehensive analysis of the factors that drive and restrict the growth of the global antimicrobial & disinfectant chemicals Market is provided.
  • Porter’s five forces model illustrates the potency of buyers & sellers, which is estimated to assist the market players to adopt effective strategies.
  • Estimations and antimicrobial & disinfectant chemicals Market forecast are based on factors impacting the global antimicrobial & disinfectant chemicals Market growth, in terms of value.
  • The key market players are profiled to gain an understanding of the strategies adopted by them.
  • This report provides a detailed analysis of the current global antimicrobial & disinfectant chemicals Market trends and future estimations from 2020 to 2027, which help to identify the prevailing market opportunities.

Antimicrobial & Disinfectant Chemicals Market Report Highlights

Aspects Details
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By FUNCTION
  • Disinfectant & Sanitizers
  • Antimicrobial Additives
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By Product Type
  • Phenolics
  • Iodophors
  • Nitrogen Compounds
  • Organometallics
  • Organosulfur
  • Aldehydes
  • Other Chemicals
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By END-USE
  • Paint & Coatings
  • Food & Beverage Processing
  • Medical & Healthcare
  • Plastics
  • Textiles
  • Others
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By Region
  • North America  (U.S, Canada, Mexico)
  • Europe  (Germany, France, UK, Italy, Spain, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
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Key Market Players

SOLVAY SA, LANXESS AG, ASHLAND Incorporated, CLARIANT AG, Ecolab Inc, LONZA GROUP Ltd, 3M COMPANY, BASF SE, STEPAN COMPANY, DOW INC

Analyst Review

Upsurge in demand for disinfectant & antimicrobial chemicals from building & construction, pharmaceuticals & healthcare, paints & coatings is the major factor driving the global Antimicrobial & Disinfectant chemicals Market.

The presence of alternatives, such as UV radiation, has hampered the growth of this market. Currently, paints & coatings is the leading consumer among all industries, as antimicrobial additives are increasingly used in the paints and coatings industry, owing to their antimicrobial, antifungal, and antibacterial properties. The utilization of antimicrobial chemicals has increased, owing to rise in awareness regarding infectious diseases. The consumption of disinfectant & antimicrobial chemicals is highest in Asia-Pacific, especially in China and India, owing to rise in need for potable water in domestic and industrial applications due to increasing population. This fuels the demand for disinfectants required to treat potable water, thereby contributing toward the growth of the market.

U.S. emerged as the global leader in the disinfectant and antimicrobial chemicals market both in terms of volume and value. This is attributed to numerous factors such as COVID-19 cases in the North America, especially in the U.S., have created awareness regarding personal hygiene practices, which, in turn, boosts the demand for disinfectants & antimicrobial chemicals in the country.

 

Author Name(s) : Saurabh Dixit| Rutuja Danekar | Eswara Prasad
Frequently Asked Questions?

The increase in the demand for disinfectants from the institutions & hospitals, industries such as building & construction, paints & coatings, and others is expected to drive the growth of the market during the forecast period

The global antimicrobial & disinfectant chemicals market anticipated to grow at CAGR of 6.7% during the forecast period.

New product launches, business collaboration and acquisition are the major growth strategies adopted by the players in this market.

Infectious diseases are caused by organisms including bacteria, virus, fungi and other microbials. There are many microorganisms which are persisted on the various surfaces around us including doors, windows, clothes, and others. This is expected to cause transmission of infectious diseases through above-mentioned surfaces, thus, usage of sanitizers is trending factor

Asia Pacific region expected to provide lucrative growth opportunities to the global antimicrobial & disinfectant chemicals market.

BASE SE, Clariant AG, DOW chemicals, Ecolab Incorporated, Lanxess AG, Lonza Group, Solvay, Stepan Group, and The 3M Company and among others are some of the prominent market players in this market.

paints and coating is the largest segment in the global antimicrobial & disinfectant chemicals market.

Major customer of the antimicrobial & disinfectant chemicals are from paint manufacturers, hospitles, consumer goods, textile industry, food and beverages manufactuers, and industrial sector are the key potential consumers in the antimicrobial & disinfectant chemicals market.

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Antimicrobial & Disinfectant Chemicals Market

Global Opportunity Analysis and Industry Forecast, 2020-2027