Published: Aug, 2018

The global alcohol based disinfectants market is expected to show rise in the coming years due to demand for efficiently eliminating germs. According to a report by Transparency Market Research, manufacturers are engaging in producing products that are more effective than others. This competition is expected to increase during the forecast period of 2014 to 2020. Leading key players in the market are planning to expand their horizons to new and untapped geographical regions.

Some of the leading players in the global market of alcohol based disinfectants are BODE Chemie GmbH, Johnson & Johnson, Reckitt Benckiser, 3M Company, DuPont, and Ecolab Inc.

The global alcohol based disinfectant market is anticipated to rise at a CAGR of 9.0% during 2014 and 2020. The market value for alcohol based disinfectants was US$1.19 bn during 2013 and is expected to reach US$2.18 by 2020. Based on volume, global market was calculated at 424.9 kilo tons during 2013 and is expected to rise in the coming years. According to product segment of global alcohol based disinfectants, isopropyl and ethyl alcohol is dominating the market with 70% of the global demand during 2013. Geographically, North America is the leading region. It held 32% of total market share in 2013 and is expected to lead the market during the forecast period.

Need to Avoid Epidemic Diseases Give Rise to Hand Sanitizers

Alcohol based disinfectants will play a significant role in healthcare sectors due to its various applications. The rise in demand for hand sanitizing, clinical surface, and device disinfecting will boost the market for alcohol based disinfectants. These are some of the major applications responsible for revenue generation. The rise in awareness led to popularity of hand sanitizers thus, increasing its growth in the market. The rise in awareness about over all personal hygiene will also boost the market for hand sanitizers during the forecast period. Epidemic occurrence of swine flu and H1N1 viruses along with other super bugs and the fact that they travel mainly through hands is another reason for rise in demand of alcohol based disinfectants. These alcohol based disinfectants are effective in killing germs thus, increasing its demand in the market.

Economic development in various regions increases disposable income thus, accelerating the growth in market. Manufacturers are establishing new capacities in developing economies to expand their horizons globally. Medicine industry has immense usage of alcohol based disinfectants due to its strong cleaning capacity. Alcohol based disinfectants are used for sterilization of multiple equipment. This is fuel the demand for alcohol based disinfectants in the market. Alcohol based disinfectants are used in paints to remove microorganism from them. Cosmetic industry also uses alcohol based disinfectants to eliminate microbial that are harmful. It is used in various other industries such as soap, preservatives, aerosol spray, and cleaning products industry. This will boost the demand for global alcohol based disinfectants market significantly during the forecast period.

Cheaper Non-Alcoholic Sanitizers to Hamper Growth of Market

The global alcohol based disinfectants market is likely to face restrain due to adoption of non-alcoholic based disinfectants in the market by the consumers. The non-alcoholic based disinfectants are cheaper compared to the conventional disinfectants therefore consumers are substituting them. This trend will hamper the growth of alcohol based disinfectants in the market. Alcohol based disinfectants are not effective on bacterial spores such as bacteria causing diahhorea illness. These alcohol based disinfectants also causes skin irritation on rare cases which might result in consumer refraining from buying alcohol based disinfectants and shifting to non-alcohol based disinfectants. Awareness among healthcare sectors and consumers might lead to adoption of non-alcoholic based disinfectants. Advertising and marketing of non-alcoholic based disinfectants will also hamper the growth of the market. 

The information in this review is based on the findings of a report by Transparency Market Research, titled “Alcohol-Based Disinfectants (Methyl Alcohol, Ethyl Alcohol, Isopropyl Alcohol and N-Propyl Alcohol) Market for Hand Sanitizers, Clinical Surfaces, Clinical Devices and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020.”

The report segments the global alcohol based disinfectant market as:

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
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

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