Chemical products capable of killing or inhibiting the growth of microbes are essentially what antiseptics and disinfectants are. While antiseptics are typically applied on live tissue such as skin, disinfectants are used on srurfaces, equipment and so on. The antispetics and disinfectants market is expected to grow at a healthy growth rate till the end of the forecast period. There are a multitude of reasons attributing to this. Increasing occurences of global epidemics with the possibilty of rapid transmissions is one reason. Recent outbreaks of the zika virus, swine flu, avian influenza, ebola, are just a few of the known list of diseases. The booming healthcare industry and the obvious use of antiseptics and disinfectants is another factor driving the growth of this market. The rising number of chronic illness cases around the world coupled with the necessary treatments required attributing to the growth. Another important factor is the expanding aged population across some specific regions. Europe is witnessing an alarming increase in ageing population and in asia pacific, japan is a major contributor to the large ageing population. This also translates to growth opportunities for the antiseptics and disinfectants market. The need for disinfectants in the food industry is catching up in emerging economies owing to growing awareness levels in these countries.
There are certain deterrents for this market and these are government regulations in the manufacture and usage of certain chemicals for antiseptics and disinfectants.
The Antiseptics and Disinfectants market can be segmented on the basis of type as:
- Oxidizing Agents
- Aldehyde Products
- Phenol and Derivatives
- Silver Products
- Iodine Products
- Biguanides and Amidines
- Quaternary Ammonium Compounds
Types of disinfectants include:
- Disinfectant wipes
- endoscope reprocessing
- medical non-woven
The medical non-woven are further classified as:
- sterilization wraps
In terms of applications, the Antiseptics and Disinfectants market has been segmented across the following Domestic, Institutional and Others. Institutional applications are further segmented into specific areas of application such as healthcare, industrial and other commercial applications.
While this market will witness growth across all regions, higher growth rates are expected for South America and Asia Pacific owing to the presence of several emerging economies in these regions.
The market has been segmented based on the following geographies:
- North America
- South America
- Middle East
Following are just a few of the companies that are operating in the Antiseptics and Disinfectants market:
- Johnson and Johnson
- Novartis AG