Global Alcohol Based Disinfectant Market Revenue Is Set To Increase To About $4.5 Billion By 2028

19-Sep-2016 | Zion Market Research

According to Zion Market Research, global demand for alcohol-based disinfectant market size was valued at around USD 2.2 billion in 2020, is expected to generate revenue of around USD 4.5 billion by end of 2028 and is anticipated to grow at a CAGR of around 9.3% between 2021 and 2028.

Alcohols have bactericidal action against vegetative forms of bacteria. Alcohols have fungicidal, virucidal and tuberculocidal action against enveloped viruses. They are not effective against bacterial spores and have limited effectiveness against non-enveloped viruses. The antimicrobial activity of alcohols can be attributed to their ability to denature bacterial proteins. At high concentrations alcohols are less effective as the action of denaturing microbial proteins is inhibited without the presence of water. Alcohols are generally used as topical antiseptics. They are also used to disinfect the surface of medical equipment. They are combustible and must be stored in a well-ventilated and cool area. They are generally too expensive for general use as a surface disinfectant. The use of ethyl alcohol or isopropyl alcohol has recently achieved wide acceptance in the healthcare industry as hand antiseptics. They can be used as a reasonable substitute for hand washing.

Increasing emphasis on health, safety and sanitization is fuelling demand for alcohol-based disinfectants across industries such as food processing and the healthcare industry. In the food processing industry, demand for alcohol-based disinfectants driven by increasing concerns about food contamination. Growth in the healthcare sector is anticipated to be driven by the rising number of surgical procedures performed. Hand sanitizer shows great potential and holds majority of market share around 60% of the overall market in 2015. Furthermore, growth in the alcohol-based disinfectant is also propelled by the growing number of infectious diseases. The last decade witnessed the epidemic of H1N1 virus and avian influenza, which further raised the emphasis on hand and surface disinfectant measures.

Browse the full "Alcohol Based Disinfectant Market (Propyl Alcohol, Methyl Alcohol, Ethyl Alcohol And Isopropyl Alcohol) For Sanitizers, Clinical Devices, And Clinical Surfaces Application - Global Industry Perspective, Comprehensive Analysis And Forecast, , 2020 – 2028" report at https://www.zionmarketresearch.com/report/alcohol-based-disinfectant-market

On the basis of product alcohol based disinfectants market is classified into n-propyl alcohol, methyl alcohol, ethyl alcohol and isopropyl alcohol. Isopropyl alcohol and ethyl alcohol dominated the market and acquired approximately 70% of the total market share in 2015. Sanitizers, clinical devices, and clinical surfaces are the application segment of market.

North America dominated the worldwide alcohol-based disinfectant market with over 35% market share in 2015 due to increasing alcohol based disinfectant demand in healthcare sector for equipment sanitization. The Asia Pacific market is anticipated to witness significant growth due to an increase in health awareness and growth in a number of surgical methods performed each year in the emerging countries in this region. Asia Pacific region is expected to grow at high rate in near future.

The Prominent players in alcohol-based disinfectants market include

  • 3M Company
  • Bode Chemie 
  • Ecolab Inc
  • Vaportek Inc.
  • Reckitt Benckiser Plc
  • Kao Corporation
  • DuPont

This report segments the alcohol-based disinfectant market as follows:

Alcohol-Based Disinfectant Market: Product Segment Analysis

  • N-propyl alcohol
  • Methyl alcohol
  • Ethyl alcohol and
  • Isopropyl alcohol

Alcohol-Based Disinfectant Market: Application Segment Analysis

  • Sanitizers
  • Clinical devices
  • Clinical surfaces

Alcohol-Based Disinfectant Market: Regional Segment Analysis

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

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