Antiseptics and disinfectants can kill pathogenic microorganisms on the transmission medium to achieve harmless requirements, eliminate pathogenic microorganisms outside the human body, cut off the transmission pathway of infectious diseases, so as to achieve the purpose of controlling infectious diseases. With the rampant spread of COVID-19, people are paying more and more attention to sanitary disinfection, so the demand for antiseptics and disinfectants has risen sharply.
There are many types of antiseptics and disinfectants, such as quaternary ammonium compounds, chlorine compounds, alcohols and aldehyde products, enzyme, hydrogen peroxide, and iodine. Chlorine compounds account for the majority of the market share. Besides, they have various applications such as cleaning, pickling, metal plating, leather tanning, and refining and producing various products. In 2019, chlorine compounds market value has reached $7087.19 million, which is the highest revenue among all types.
Moreover, antiseptics and disinfectants are used in a wide range of applications and are involved in various industries such as medical, food & beverages, chemical, animal, and oil & gas. Medical treatment, food and beverage, chemical industry, and animal industry are the four most used areas for antiseptics and disinfectants, accounting for 23.84%, 20.78%, 19.53%, and 14.68% of the market share, respectively. In the medical field, they are used as a detergent that allows the careful cleaning of medical instruments and medical equipment, prior to the process of disinfection or autoclave sterilization. In the food and beverage industry, they are used to control microbial contamination of food. In the chemical industry, they disinfect equipment. And they also play a key role in preventing the spread of infectious diseases in animals.
Global Antiseptic and Disinfectant Market Status and Prospect Analysis
North America, Europe, and Asia Pacific are the three largest markets in the antiseptic and disinfectant industry with market shares of 37.37%, 34.77%, and 23.94%, respectively.
North America, the largest revenue market for antiseptics and disinfectants, has a developed economy, high standard of living, prevalent consumerism. People in North America have strong health awareness. Its market value has reached $6662.67 million in 2019. And its market value is expected to rise further by 2025. However, due to the impact of the epidemic, governments are likely to take larger scale control measures against the epidemic and many manufacturers are forced to face supply disruptions. So many antiseptic and disinfectant manufacturers will continue to be under pressure in the short term and their market share is likely to shrink in the coming years.
In 2019, Europe ranked second in the world with a market value of $6,199.36 million. Europe has been leading the world in technology and medicine, and has invested more money and effort in the medical field. Therefore, the medical industry has developed more advanced than other regions. The outbreak of the epidemic has increased the demand for antiseptics and disinfectants. As the largest economy in Europe, Germany accounts for the majority of the European market, has a world-class public health care system. In 2020, the German antiseptic and disinfectant market has reached $1416.5 million in revenue.
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In recent years, with the development of some emerging regions, the level of medical care has gradually improved, and people are paying more and more attention to the importance of health and hygiene, especially the sudden outbreak of the epidemic, which led many people to start hoarding a large number of disinfection products, resulting in an oversupply of the market. China is the main consumer market for antiseptics and disinfectants in the Asia-Pacific region. With the gradual stabilization of the epidemic in China, the resumption of production in various industries, and the increasing health awareness in various regions, the market share in Asia Pacific is expected to further expand by 2025.
The Outbreak of COVID-19 Will Promote the Further Development of the Global Antiseptic and Disinfectant Market
The global antiseptic and disinfectant market generated total revenue of $13401.13 million in 2015, increasing to $21099.36 million in 2020. The market is expected to reach a value of $28762.83 million by 2025.
COVID-19 has not only caused a rapid increase in demand for disinfection products in the hospital and healthcare industry, but also brought attention to germicidal disinfection, leading to a sharp increase in the overall demand for germicides and disinfectants. In terms of long-term impact, the outbreak could quickly raise awareness of protection in the healthcare system and urban emergency management system, as well as raise awareness of disinfection and sterilization product consumption among residents, which could lead to industry development. In addition, the outbreak of the epidemic has stimulated market dynamics as a large number of new companies enter the market and gain opportunities to grow in a market where supply exceeds demand. To create a competitive advantage, companies in the industry constantly updated their products and broadened their product application areas. They started to venture into high-end disinfection care, food disinfection and other product areas, driving the development of the industry.
Intelligence is the most important development trend of the industry in the future. Companies in the industry will hire more high-tech, multi-skilled and complex talents to reduce their reliance on labor and better cope with labor fluctuations. Although epidemic prevention and control prevented the movement of personnel and led to labor shortages, it also pushed the germicide and disinfectant industry to automate and flexibly produce, which is more conducive to the long-term development of the antiseptic and disinfectant industry.
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