The growth outlook of the market is also associated with the increasing usage of chlorine disinfectants in agriculture, healthcare, and food and beverage industries.
Global chlorine disinfectant market revenues are poised to reach at US$ 4.2 Bn by the end of forecast period, 2022 - 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
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.
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 2015-2021 and opportunity assessment for 2022-2030. 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.
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market.
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Feb 16, 2023