According to Triton Market Research, the Global Antimicrobial & Disinfectant Chemicals Market report is sectioned into Chemical (Aldehydes, Iodophors, Nitrogen Compounds, Organometallics, Organosulfur, Phenolics, Other Chemicals), Product Type (Antimicrobial Additives, Disinfectant & Sanitizers), Industry Vertical (Food & Beverage Processing, Medical & Healthcare, Paint & Coatings, Plastics, Textiles, Other Industry Verticals), and Regional Outlook (Europe, North America, Asia-Pacific, Middle East and Africa, Latin America).
The report further includes the Market Summary, Industry Outlook, Porter’s Five Forces Analysis, Market Attractiveness Index, Supply Chain Analysis, Key Buying Impact Analysis, Regulatory Framework, Key Market Strategies, Market Drivers, Challenges, Opportunities, Analyst Perspective, Competitive Landscape, Research Methodology and scope, Global Market Size, Forecasts & Analysis (2024-2032).
Triton’s report states that the global antimicrobial & disinfectant chemicals market is expected to advance with a CAGR of 8.00% during 2024-2032.
Antimicrobial and disinfectant agents are integral to preserving public health and hygiene, serving to impede the transmission of infectious diseases and manage microbial contamination across diverse environments. Formulated to eradicate or impede the proliferation of microorganisms, these agents target bacteria, viruses, fungi, and other pathogens.
Factors such as heightened awareness about infectious diseases and stringent hygiene standards widen the scope of the studied market. Over the years, there has been an increased demand for disinfectants in sectors like building & construction and paints & coatings.
However, stringent regulatory standards and environmental concerns are expected to hamper the antimicrobial & disinfectant chemicals market.
The prominent companies in the market are Ashland Incorporated, Lanxess AG, Stepan Company, Ecolab Inc, 3M Company, Dow Inc, Lonza Group Ltd, BASF SE, Solvay SA, and Clariant AG.
Furthermore, the market is witnessing growth due to the rise in the prevalence of hospital-acquired infections and the growing number of surgical procedures. As per estimates, approximately 50% of hospital-acquired infections take place in the intensive care unit. In this regard, surface disinfectants are essential in preventing these infections.