Chlorine Disinfectant Market revenues are poised to reach at over US$ 4 Bn by the end of forecast period, 2020–2030
Global chlorine disinfectant market revenues are poised to reach at over US$ 4 Bn by the end of forecast period, 2020 - 2030. Heightening concerns regarding the novel coronavirus (COVID-19) pandemic are triggering the need to maintain hygiene in healthcare and residential facilities. In line with this, global sales of chlorine disinfectant are set to soar promisingly in near term, as projected by a new Future Market Insights (FMI) study.
The
survival period of SARS-COV-2 - virus that causes COVID-19 - on inanimate
objects differ with various factors including, temperature, and humidity. This
accents for the need of frequent cleaning and disinfection of surfaces,
thereby, enabling broader usage of chlorine disinfectants.
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Key
Takeaways of Chlorine Disinfectant Market Study
- Increasing emphasis on
cleanliness in hospitals is boosting the demand for chlorine disinfectants
in hospital applications. Infections are a significant threat in hospitals
and chlorine-based cleansers disinfect work surfaces and equipment,
thereby, preventing the spread of contagious diseases.
- Chlorine disinfectants are
gaining significant traction in industrial wastewater treatment
applications. Chlorine can be used in wastewater disinfection either as an
elemental chlorine (gas) or as a chlorinated compound such as liquid
sodium hypochlorite solution or solid calcium hypochlorite. Chlorine
disinfectants play a vital role in the industrial wastewater treatment
process.
- Textile bleaching is
anticipated to emerge as a significant application of chlorine
disinfectants during the forecast period, owing to their superior
bleaching property such as liquid chlorine bleaches are highly effective
at whitening fabrics and also provide germicidal activity at usage
concentrations.
- The chlorine disinfectant
market in South Asia including, India, and ASEAN countries is witnessing
notable growth recently, attributable to growth of end-use industries such
as healthcare, and water treatment in this region.
Governments
in several regions are highly focused on improving municipal water facilities
in urban and rural areas. Such developments for industrial and domestic/
municipal water treatment are expected to create high demand for water &
wastewater treatment chemicals such as chlorine disinfectants over the forecast
period.
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Market
Landscape: Moderately Fragmented
The
global chlorine disinfectant market is moderately fragmented, owing to presence
of several international and domestic payers in the market. Top ten established
players account for over a third of total supply. Key players such as 3M
Company, Procter and Gamble, Reckitt Benckiser, Clorox Company, Ecolab, Hind
Pharma, Chemtex Speciality Ltd, Nyco Products Company, Delux Chemicals, Achlor
Chemical Ltd. and others are also focusing on increasing their presence in
domestic market. Leading manufacturers are laying emphasis on strengthening
their partnerships with end users.
What Does
the Future Hold?
The
global Chlorine Disinfectant market is anticipated to grow at a moderate rate
over the forecast period on account of its increasing demand in water treatment
industry in emerging countries. Furthermore, increasing awareness regarding the
cleanliness especially in hospitals where Infections are a significant threat
in both developed and emerging countries is further expected to propel market
growth.
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Learn
More About the Report Coverage
Future
Market Insights has published a market research report on the Chlorine
Disinfectant market that contains global industry analysis of 2014-2018 and
opportunity assessment for 2019-2029. The report provides insightful analysis
of the Chlorine Disinfectant market through four different segments- grade,
application, end-use, and region. The Chlorine Disinfectant market report also
provides demand trends of different types across industry verticals, a
comprehensive list of service providers in the market, various projects around
the world, along with a detailed overview of the parent market.
For
additional insights on how the growth of market will unfold over the course of
projection period, write to press@futuremarketinsights.com
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