Global Disinfectants Market- Insights
Disinfectants are antimicrobial agents with the ability to destroy harmful microorganisms such as fungi, virus, and bacteria. There are various types of disinfectants available in the global market, which include oxidizing agents, phenolic, quaternary ammonium compounds, and aldehydes. Phenolic compounds are commonly used as disinfectant for environmental surfaces such as laboratory surfaces and non-critical medical devices including stethoscope, blood pressure cuffs, hospital beds, and furniture.
Furthermore, aldehydes such as glutaraldehyde and formaldehyde show a broad array of microbiocidal activity including fungicidal and sporicidal. They act by damaging bacterial nucleic acid. Glutaraldehyde is used commonly for disinfection of high-level medical equipment such as endoscopes, dialyzers, hemodialysis proportioning systems, respiratory therapy equipment, and dialysate delivery systems. However, application of formaldehyde in healthcare industry is low due to its irritating fumes and pungent odor.
Increasing demand for disinfectants from water treatment and healthcare industries is fuelling growth of the global disinfectants market. Hospital environment is a conducive for transmission of various pathogens including methicillin-resistant Staphylococcus aureus, Clostridium difficile, Vancomycin-resistant Enterococcus faecalis, and Acinetobacter baumannii, which causes various infections such as bacteremia, urinary tract infection, pneumonia, meningitis, and wound infection. Cleaning and disinfecting surfaces in healthcare facilities is essential for reducing Healthcare-Associated Infections (HAIS), according to the Centers for Disease Control and Prevention.
Disinfection of wastewater and potable water aids in reducing risk associated with contamination with pathogenic organisms including those causing polio, cholera, hepatitis, typhoid, and other viral, bacterial, and parasitic diseases. According to United Nations, improvement in water sources decreases diarrhea morbidity by 21% and improved drinking-water quality such as point-of-use disinfection, would lead to a 45% reduction of diarrhea episodes.
In terms of revenue, Asia Pacific accounted for 23.9% share in the global disinfectants market, in 2017. The region is anticipated to record the fastest growth during the forecast period, witnessing highest CAAGR among all the regions. Increasing government initiatives on water treatment to provide safe drinking water is fuelling the demand for disinfectants in the region.
For instance, in April 2015, China State Council launched Water Pollution Prevention and Control Action Plan with goals of around 70% of water in watersheds and 93% of drinking water sources in major cities are of Grade III or high standards. It also involves enhanced processing of 90% of the sludge from prefectures and cities, including disinfection, sludge stabilization, and resource recovery. Moreover, the Union Budget 2017 - 2018 of India increased allocation by 11% to about US$ 1.05 billion for the Union Water Resources Ministry from US$ 0.95 billion in previous year to provide safe drinking water.
In Latin America, increasing consumer awareness regarding infectious diseases, owing to different disease outbreaks is driving growth of the disinfectants market in the region. For instance, according to World Health Organization (WHO), in Brazil, around 35 cases of yellow fever, caused by virus were reported, including 20 deaths while 145 suspected cases between July 2017 and January 2018. Various regulatory bodies recommend disinfectants to control such diseases. For instance, Centers for Disease Control and Prevention (CDC) recommends disinfecting patient rooms for infection control.
Furthermore, various agencies such as United Nations and Centers for Disease Control and Prevention are focused on initiatives to promote hygiene and sanitization in this region, which is fueling growth of the disinfectants market in the region. For instance, Latin America Clean Water Initiative was undertaken to provide potable water and sanitation systems, improved water supplies and workshops on hygiene, water conservation, and water-related illnesses. It was undertaken in countries such as Argentina, Bolivia, Chile, Colombia, Ecuador, El Salvador, Venezuela, and others.
Figure 1. Global Disinfectants Market Share (%), By Product Type, 2017
Based on the product type, the global disinfectants market is segmented into oxidizing agents, phenolic, quaternary ammonium compounds, and aldehydes. Among product type, quaternary ammonium compounds segment is expected to witness fastest growth during the forecast period.
Quaternary ammonium compounds (QACs) act by irreversibly binding to phospholipids and proteins of the microbial cell membrane. They are effective against gram negative bacteria, gram positive bacteria, enveloped viruses, and fungi. It is most widely used in the disinfection of toilets, countertops, and other high touch surfaces, and floors.
Figure 2. Global Disinfectants Market Share (%), By End-Use Industry, 2017
Based on End-Use industry, healthcare segment dominated the global disinfectants market in 2017. As disinfectants are most widely used in hospitals and clinics, diagnostic laboratories, pharmaceutical, and biotechnology companies.
Hospitals, clinics, and diagnostic laboratories utilize disinfectants for surface disinfection and disinfection of semi-critical and non-critical medical and surgical instruments such as stethoscopes, trays, reusable impression, mirrors, and amalgam condensers.
In pharmaceutical industry, disinfectants are used for disinfection of clean rooms and sterile production facilities. Thus, the growing pharmaceutical industry is anticipated to support the growth of the global disinfectants market. According to the International Federation of Pharmaceutical Manufacturers & Associations, global pharmaceutical industry is expected to account for US$ 1,430 billion by 2020, thereby increasing demand for disinfectants.
Key Players operating in the global disinfectants market include Solvay S.A., Unilever Group, Evonik Industries AG, 3M Company, Procter & Gamble Corporation, DowDuPont Inc., Lanxess AG, BASF S.E., The Clorox Company, and Reckitt Benckiser Plc.