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