Global alcohol based disinfectant market is expected to grow at significant rate over the forecast period on account of increasing demand from food industry. Food industry extensively uses alcohol based disinfectant for food sanitization process. Alcohol based disinfectants are anti-microbial agents that are applied on objects to kill harmful microorganisms. Increasing alcohol based disinfectant demand in medical industry for equipment sanitization is anticipated to be a key factor driving the global market growth in the upcoming years. Alcohol based disinfectant’s efficiency to kill germs and evaporate quickly is expected to have a positive impact on its global demand. Growing hygiene awareness such as hand sanitization is enhancing the global alcohol based disinfectant market growth. Its increasing demand in paint industry for removing unwanted micro-organisms in paints is anticipated to complement alcohol based disinfectant market growth over the forecast period. Moreover rise in infection cases has led almost all hospitals to mandatorily use alcohol based disinfectants in all operation procedures primarily to avid cross contamination. Hence increasing alcohol based disinfectant demand in hospital industry is further predicted to drive alcohol based disinfectant market growth over the forecast period.
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On the bases of product, alcohol based disinfectant can be broadly segmented into n-propyl alcohol, ethyl alcohol, methyl alcohol and iso-propyl alcohol. Major alcohol based disinfectant applications include hand sanitizers, clinical devices & surfaces and food products. Conventional alcohol based disinfectant substitution with non-alcoholic disinfectant on account of the latter being cheaper can be a factor restraining alcohol based disinfectant market growth over the forecast period.
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North America is expected to dominate the global alcohol based disinfectant market over the forecast period on account of growing hygiene awareness in the region. Asia Pacific alcohol based disinfectant market is anticipated to witness substantial growth owing to rapid urbanization and increasing disposable income particularly in emerging economies such as China and India. Countries such as Japan, Malaysia and Indonesia have shown a positive demand in the past and are further projected to grow over the forecast period.
Key players operating in alcohol based disinfectant market includes 3M Company, Ecolab, DuPont de Nemours Corporation, BODE Chemie Gmbh, Reckitt Benckiser and Johnson & Johnson.
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