Home >> Business >> Global Alcohol Based Disinfectant Market worth USD 2.30 Billion and CAGR of 8.5% in 2021

Global Alcohol Based Disinfectant Market worth USD 2.30 Billion and CAGR of 8.5% in 2021

Zion Market Research has published a new report titled “Alcohol Based Disinfectant Market  (Propyl Alcohol, Methyl Alcohol, Ethyl Alcohol and Isopropyl Alcohol) for Sanitizers, Clinical Devices, and Clinical Surfaces Application – Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021” According to the report, global demand for alcohol based disinfectant market was valued at USD 1.30billion in 2015, is expected to reach USD 2.30 billion in 2021 and is anticipated to grow at a CAGR of around 8.5% between 2016 and 2021.

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Alcohol Based Disinfectant Market
Alcohol Based Disinfectant Market

Alcohol based disinfectants are anti-microbial agents that are applied on objects to destroy harmful microorganisms. Alcohol is made up of two water soluble chemical compounds that are ethyl alcohol and isopropyl alcohol. These alcohol based disinfectant inactivate vegetative forms bacteria, fungi, and virus. However, they are unable to destroy bacterial spores and capsulated bacteria.Their lethal activity decreases when diluted below 50% concentration, and the most favorable bactericidal concentration is 60% to 90% solutions in water.Alcohol inhibits the production of metabolites which are essential for rapid growth of the bacterial cell. At a concentration of 60% to 80% ethyl alcohol shows a potent lethal activity against microorganisms.

 

Worldwide alcohol based disinfectant business sector is anticipated to develop at a huge rate over the upcoming years because of developing interest from the food industry. Food industry broadly utilizes alcohol based disinfectant for food sanitization process. Personal hygiene is one of the ideal approaches to prevent various infections. Alcohol based hand sanitizers may wipe out more than 90% germs in few seconds.

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The increasing number of hospital-acquired infection and increasing awareness about hygiene further fuel the market growth.Hand sanitizer shows great potential and holds the majority of share approximately 60% of the overall market in 2015.However, an increase in usage of nonalcoholic based disinfectant may hinder the alcohol based disinfectant market.

Based on products the alcohol disinfectants market is segmented into n-propyl alcohol, methyl alcohol, ethyl alcohol and isopropyl alcohol. On the basis of application, the market is classified into sanitizers, clinical devices, and clinical surfaces. Based on geography the global market is segmented into North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa.

North America represented the major share in the global alcohol based disinfectant market in 2015. The Asia-Pacific region is expected to record a faster growth from 2015 to 2021, due to the growing population and healthcare expenditure from this region.

The top leaders in alcohol based disinfectants market include 3M Company, Bode Chemie, Ecolab Inc, Vaportek Inc., Reckitt Benckiser Plc, Kao Corporation, DuPont.

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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
    • U.S.
  • Europe
    • Germany
    • UK
    • France
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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