Sanitizing Agent Market Trend, Share, Growth, Size and Forecast 2030

The global Sanitizing Agent market size was worth around USD 17.09 billion in 2022 and is predicted to grow to around USD 31.37 billion by 2030 with a compound annual growth rate (CAGR) of roughly 7.89% between 2023 and 2030.

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Sanitizing Agent Market: Overview

The chemical based sanitizing agents are divided into two categories alkaline based sanitizers and acid based sanitizers out of which the alkaline based sanitizers are manufactured and consumed on the large scale. In the physical sanitation, there is the involvement of the hot water and steam which is used as a sanitizing agent but has limited applications.

Sanitizing Agent Market: Facts

The U.S. Food and Drug Administration has proposed a rule that restricts the use of certain ingredients in the consumer antiseptic wash products. The companies will no longer be able to market antibacterial washes with triclosan and triclocarban ingredients as the manufacturers were unable to prove that these ingredients are safe for use.

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Sanitizing Agent Market: Growth Factors

In the past few years, the demand for the sanitizing agent has increased tremendously and this will continue in the coming years too. The main factor that is driving the demand for the sanitizing agent is the increasing awareness about the consumption of the hygienic food products among the consumers which are improving the health benefits. The growth of the beer brewery industries is also a factor that increases the demand for the sanitizing agents. The rise in the R&D infrastructure and the increasing investments that are made by the government for the introduction of the novel products supports the growth of the market. There has been an increase in the consumption of the packed foods which increases the demand of the market. The launch of the products delays owing to the various standards and quality checks and tests thus limiting the growth of the market. The new products that are introduced need the FDA certification which is a time-consuming procedure thus limiting the significant market growth.

Sanitizing Agent Market: Report Scope

Sanitizing Agent Market: Segmentation

The global market for the sanitizing agent is fragmented into its process type and the end-user industry.

Based on the process type, the global market is segregated into physical sanitation and chemical sanitation.

The chemical sanitation segment is sub-segmented into acid-based sanitizers and alkaline-based sanitizers.

Based on the end-user industry, the market is categorized into pharmaceuticals, food industry, brewery industry, and others.

Sanitizing Agent Market: Regional Analysis

The expansion of the food and the chemical industries in the regions such as North America and Western Europe is positively affecting the growth of the sanitizing agents market. The increase in the applications of the food and brewery processing has led Los Angeles to become one of the key markets for the sanitizing agent. There will be a rapid market growth experienced in Asia Pacific region owing to the increase in the food consumption and the large population base. The end-user industries in Asia Pacific region are highly adopting the sanitizing agents. In the Middle East and Africa, the market will witness a steady growth rate.

Sanitizing Agent Market: Competitive Players

The key market players that are involved in the sanitizing agent market include

• Novartis
• RSS MACLIN
• Peroxy Chem
• Badger Fabrication
• Hydriyte Chemical Company
• IVH-Germany
• Seatax Ltd.
• Troy Chemical Industries
• Maclin Group

Sanitizing Agent Market: Segment Analysis

By Type

• Wipes
• Liquid
• Alcohol-Based Wipes
• Quaternary Ammonium Compound-Based Wipes
• Sprays

By Composition

• Peracetic Acid
• Alcohol
• Quaternary Ammonium Compound
• Chlorine Compounds
• Hydrogen Peroxide
• Others

By End-User

• Hospitals & Clinics
• Pharmaceutical Companies
• Diagnostic Laboratories
• Research Centers

By Region

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa

What Reports Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.