November 09, 2017
WELLESLEY, Mass., Nov. 09, 2017 – Increasing awareness about the importance of hygiene and sanitation in preventing and controlling microbial infections, particularly in developing parts of the world, and increasing demand in the healthcare and food sectors are driving modest growth in the antiseptics and disinfectants industry. In a new report Antiseptics and Disinfectants: Global Markets to 2022, BCC Research estimates the global antiseptics and disinfectants market to reach $9.1 billion by 2022, growing at a CAGR of 5.2%.
This report reviews the latest industry developments in the global markets for antiseptic and disinfectant products used in the home and in institutional/commercial spaces. Detailed analyses include regulatory aspects, innovations and technological improvements, including patents and approvals; and emerging trends and preferences.
The market continues to move at a steady rate across all global regions, with emerging markets growing at a slightly faster rate than the global market’s 5.2% CAGR. Increased research and development and evolving technologies, along with increasing competition, are key growth drivers. Silver-based antiseptics and disinfectants constitute a very small market share (0.8%), but this segment’s growth rate leads all others due to expanding applications in fields such as textiles, food, medical-device disinfection and personal-care products.
“Changing regulatory policies and the increasing rate of antimicrobial resistance are challenging the market. The reemergence of some infectious diseases and large outbreaks of infectious diseases caused by pathogens such as Clostridium difficile, SARS-associated coronavirus and Middle East respiratory syndrome–associated coronavirus should lead the market to steady, modest growth through 2022,” said Shalini S. Dewan, BCC Research analyst and author of the report.
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Antiseptics and Disinfectants: Global Markets to 2022. (CHM052D)
Publish Date: Nov 2017
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Antiseptics and Disinfectants: Global Markets to 2022( CHM052D )
Publish Date: Nov 2017
Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher. For media inquiries, email email@example.com or visit www.bccresearch.com/media to request access to our library of market research.