Sarasota, FL, May 12, 2017 (GLOBE NEWSWIRE) -- Zion Research has published a new report titled “Antiseptics and Disinfectants Market by Type (Alcohol and Aldehyde, Phenols and Derivatives, Biguanides and Amides, Quaternary Ammonium Compounds, Iodine Compounds and Others) for Domestics, Institutional, and Other End-Users - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2015 – 2021”. According to the report, the global antiseptic and disinfectant market accounted for USD 5.55 billion in 2015 and is expected to reach USD 8.10 by 2021, growing at a CAGR of around 6.7% between 2016 and 2021.
Antiseptic is the chemical substances that are used to kill the pathogenic microorganism in or on the surface tissue. Antiseptics mainly act by dissolving cell membranes, protein denaturation and cause dehydration of the cells due to evaporation. For example, chloroxylenol is a chlorinated phenolic antiseptic mostly active against gram-positive bacteria and used in lubricating cream for vaginal examination; used on obstetrical forceps etc.
Browse through 23 Market Tables and 32 Figures spread through 110 Pages and in-depth TOC on “Antiseptics And Disinfectants Market: By Type, End User, Size, Share, Mode of Action, Leaders, and Forecast, 2015 – 2021”.
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Disinfectants are chemical substances that are used to kill the pathogenic microorganism in or on the surface of objects. Disinfectants mainly act by disruption of cell membranes and denaturation of proteins and enzymes of the cell. These chemical agents are very effective against vegetative gram-positive and gram-negative bacteria, mycobacteria, and viruses. For example, Lysol a phenol compound is used as a general disinfectant for domestic or hospital use like disinfection of floors, bathrooms, washbasins, organic waste such as sputum, faeces, urine, etc.
The most commonly used products in clinical practice today include povidone iodine, chlorhexidine, alcohol, acetate, hydrogen peroxide, boric acid, silver nitrate, silver sulfadiazine, and sodium hypochlorite.
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The global antiseptics and disinfectants market was expected to witness high growth over the forecast period due to increasing percentage of hospitals and advanced health care facilities across the globe. Moreover, the rise in trend of the health club and fitness center are also expected to drive the antiseptics and disinfectants market. In addition, the keen interest of young generation towards precaution over the flu, bacterial and viral infections will probably increase the demand for antiseptics and disinfectants. However, stringent regulation and saturated market of developed economies may act as a restraint on the growth of the antiseptic and disinfectant market.
On the basis of type, the global market for antiseptics and disinfectants is bifurcated into six types: alcohols and aldehydes, phenols and derivatives, bigunaides and amides, quaternary ammonium compounds, iodine compounds and others. In terms of revenue, alcohols and aledhydes accounted for approximately above 35% of total antiseptics and disinfectants, market. Alcohols and aldehydes have the largest share of the market, worth USD 1.5 billion in 2011 at a CAGR of 7.9%. This is expected to reach approximately USD 2.2 billion in 2015 In addition, together bigunaides, amides, and quaternary ammonium compounds have the second largest market share, generating USD 1.4 billion in 2015. Growing keen interest towards health care is another important driving factor that is expected to propel the antiseptic and disinfectant market.
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In the end-user segment, institutional segment dominates the global antiseptic and disinfectant market. Globally, approximately more than 50% of the antiseptic and disinfectant market has been captured by institutional end-user segment. This growth is mainly attributed due to the presence of a large number of hospitals coupled with an increase in the number of medical professionals across the globe. Hospitals and healthcare segment is expected to experience significant growth within the forecast period due to the outbreak of infectious diseases such as swine flu and avian flu which has triggered the use of antiseptics and disinfectants products market in developing countries. Domestic use of antiseptics and disinfectant is also expected to experience significant growth due to increasing public awareness regarding the potential dangers of microbial infection infections.
North America is expected to witness moderate growth within the forecast period owing to the saturation of red meat market in U.S and Mexico on antiseptic and disinfectant. This is expected to have an adverse impact on the antiseptic and disinfectant market over the years. However, the demand for antiseptic and disinfectant has been increasing in the past few years owing to the rising awareness of nutritional benefits of antiseptic and disinfectant. Major companies in the U.S. are expanding their vegetable production capacities to cope up with the growing demand for foreign imports in the US market. This is expected to fuel the market growth of antiseptic and disinfectant market. In addition, high literacy rate coupled with the increasing number of health care center and business center are likely to contribute to the growth of antiseptic and disinfectant market.
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Europe was a leading region for global antiseptic and disinfectant market in 2015. The region is expected to witness growth on account of rising healthcare expenditure in Norway, Denmark, and other European countries. From last decade, there is marked increased in the domestic use of antiseptic and disinfectant in this region due to increasing awareness about pandemic diseases such as spreading flu and viral infections.
Asia Pacific is expected to be the fastest regional segment for the natural antiseptics market within the forecast period due to the wide spread of Ayurveda in this region. Asia Pacific accounted for a leading market of the global antiseptics and disinfectant market in 2015 in terms of growth. The growing number of medical sector coupled along with literacy rate mainly in China, India, Indonesia, and Thailand is driving the antiseptic and disinfectant market in this region. In addition, rising awareness towards personal care and maintaining hygiene in emerging economies of China and India is expected to augment the market growth of antiseptics and disinfectant market in this region in the near future.
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Key market players of antiseptics and disinfectants market include 3M Company, Abc Compounding, Advanced Sterilization Products, American Biotech Labs, Angelini Pharma Inc., Becton, Dickinson And Company, Bio-Cide International Inc., Cardinal Health and Carefusion Corp.
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This report segments the global antiseptics and disinfectants market as follows:-
Global Antiseptics and Disinfectants Market: Type Analysis
- Alcohol and Aldehyde
- Phenols and Derivatives
- Biguanides and Amides
- Quaternary Ammonium Compounds
- Iodine Compounds
- Others
Global Antiseptics and Disinfectants: End User Analysis
- Domestic end-users
- Institutional end-users
Global Antiseptics and Disinfectants Market: Regional Analysis
- North America
- U.S.
- Europe
- UK
- Germany
- France
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East And Africa
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