Alcohol Based Disinfectants Market Size

  • Report ID: 2757
  • Published Date: Apr 24, 2023
  • Report Format: PDF, PPT

Alcohol Based Disinfectants Market Size

Alcohol Based Disinfectants Market size is estimated to surpass USD 8 Billion by the end of 2035, growing at a CAGR of 12% during the forecast period, i.e., 2023-2035. In the year 2022, the industry size of alcohol based disinfectants was over USD 2 Billion. The growth of the market can be attributed to the increasing penetration of alcohol based disinfectants owing to their anti-bacterial and cleansing properties. The rising use in hospitals and household uses is estimated to propel the market growth in the coming years. The rising applications of alcohol based disinfectants as sterilizer is propelling the market growth. As per the reports, more than 35% of adults in the US use disinfectants and other potential cleaning products to improve safety in their houses.

In addition to these, growing applications in commercial and non-commercial applications are estimated to drive market growth. Growing use in hospitals, clinics, and healthcare sectors for cleansing thermometers and other medical equipment to disinfectant after use for each infected patient is estimated to hike the market growth. The increasing risk of occurrence of infections from various bacteria and fungi is estimated to fuel the market growth. Hospital spending in 2021 increased to USD 1300 billion with a growth rate of 6% from 2020.

Alcohol Based Disinfectants Market
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Author Credits:  Rajrani Baghel

  • Report ID: 2757
  • Published Date: Apr 24, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing awareness regarding disinfectants, and rising demand in the paint, and cosmetics sector are the major factors driving the market growth.

The market size of alcohol based disinfectants is anticipated to attain a CAGR of 12% over the forecast period, i.e., 2023-2035.

Presence of alternatives and disruption of supply chain are estimated to be the growth hindering factors for the market expansion.

The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are 3M Company, Ecolab, Reckitt Benckiser Group plc, BODE Chemie GmbH, DuPont and Dow, The Clorox Company, Diversey Inc, Medline Industries Inc, Betco Corporation, Zep Inc, and others.

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by product type, application, end-user, and by region.

The ethyl alcohol segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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