+1-888-308-5802     
News Contact Us

Alcohol based disinfectants market size to hit $3.75 billion by 2026 with CAGR of 11%

Author : Ravi Chawat | Published Date : 2021-03-08 

Global Market Insights, Inc., says that alcohol based disinfectants market size to reach US$3.75 billion by 2026. Use of alcohol as a disinfectant to prevent crossed transmission of microorganisms will surge considerably in the next few years. Alcohol’s noncorrosive, bactericidal and virucidal attributes have augured well for manufacturers of alcohol-based disinfectants.

Traction for alcohol based disinfectant sprays will be more pronounced in residential sector and will be highly sought-after for sanitizing and cleaning purposes. These surface sprays have become ideal for disinfecting both hard and soft surfaces and killing a slew of viruses, fungi and bacteria. With residential sector holding a market share of around 24% in 2019, the growth trajectory is likely to surge in the next half-a-decade.

Request sample copy of this report @ https://www.gminsights.com/request-sample/detail/4778

Leading companies have also come to the fore to introduce alcohol based disinfectant sanitizer spray to be used for laptops, toys and car seats. Footfall of disinfectant sprays will be noticeable across residential, commercial and industrial applications.

Unprecedented demand for disinfectants in the U.S. and Canada will trigger the production of alcohol based disinfectants in North America. Amidst the U.S. observing highest number of COVID-19 cases, demand for disinfectants, including sprays and gels has soared in the region. North America alcohol based disinfectant market revenue hit US$511.9 million in 2019, with growth projected to remain bullish and expanding at CAGR of around 11% through 2026.

In terms of market value, Asia Pacific is likely to remain at the helm with emerging economies such as India and China witnessing increased demand for disinfectants. Spotting unparalleled opportunity and market demand, several ethanol and isopropyl producers have revved up the production of alcohol-based disinfectants in the region.

Rampant transmission of coronavirus commonly through respiratory droplets and through high-touch surfaces, including phones and doorknobs has stimulated growth of alcohol based disinfectants market size. Evidence suggests that COVID-19 may remain potent on surfaces made from a variety of materials for hours to days, signifying the importance of disinfectants.

Some of the leading players profiled in the report are 3M company, BODE Chemie GmbH, Johnson & Johnson, and Ecolab Inc. In the midst of the ongoing and unprecedented nature of the COVID-19 outbreak, these companies are expected to boost their production line and expand their footfall in untapped areas.

Browse More News:

https://www.globenewswire.com/news-release/2017/07/03/1037421/0/en/Acetic-Acid-Market-to-surpass-16bn-by-2024-Global-Market-Insights-Inc.html

http://www.globenewswire.com/news-release/2018/12/04/1661638/0/en/Global-Minoxidil-Market-to-surpass-1-2bn-by-2024-Global-Market-Insights-Inc.html

http://www.globenewswire.com/news-release/2020/03/09/1996989/0/en/Finasteride-Market-is-slated-to-surpass-130-million-by-2026-Says-Global-Market-Insights-Inc.html

About Author

Ravi Chawat

Ravi Chawat

Ravi Chawat holds a bachelor's degree in Electronics and Telecommunication Engineering. He has worked closely with industry specialists from different segments including chemicals, food and beverages, construction and manufacturing & energy and power. Ravi's article concentrates principally on balancing relevant data but never at the expense of making the content engaging. He believes in giving fair-minded information to guide significant business choices. [email protected] | https://twitter.com/RaviChawat

Related News

By 2025, Sodium Metabisulfite Market will exhibit growth of over 6.3%

Published Date: 2021-04-06         Author: Ravi Chawat

Endowed with a wide end-user spectrum including leather, pulp, and paper, food and beverages and textiles, sodium metabisulfite market is emerging as a promising investment avenue for the coming years. The product has been approved for use by the U.S. Food and Drug Administration and regulatory auth... Read More

Mineral Wool Material Market to garner significant revenues through 2026

Published Date: 2021-04-06         Author: Ravi Chawat

Mineral wool material market is expected to amass substantial demand over the years due to acoustic capabilities and strong fire-resistant and thermal properties. The product is extensively being used to provide insulation solutions in key application areas like industrial sectors, residential and c... Read More

Asia Pacific Sodium cumenesulfonate market is expected to showcase significant growth over 2020-2026

Published Date: 2021-04-01         Author: Ravi Chawat

Sodium cumenesulfonate uses in the chemical industry will exceed an annual revenue of over USD 2,170 thousand revenue through 2026. This is due to the growing usage of the compound in the generation of several additives, wax cleaners, as well as fracturing fluids. The increasing activities across th... Read More

© 2021 Fractovia. All Rights Reserved