Sterilant and Disinfectant Chemicals Market

Sterilant and Disinfectant Chemicals Market: The Rescuer in COVID 19 Crisis

As COVID-19 continues to permeate every region in the world, disinfectant chemical companies have stepped up to reduce disinfectant demand-supply gap. COVID-19 has almost doubled the per capita consumption of hand sanitizers and disinfecting gels in recent weeks.

Regions where infections abound like United States and Europe have registered increased sales of over 150% in March 2020. The increased consumption of disinfecting liquids/gels in households and hospitals has created high shortage of disinfectant chemicals in various regions.

Lockdowns in over 100 countries and disrupted import export have worsened the situation. In order to address this pandemic, capacity expansions, donations and targeted chemical offerings are some of the major highlights witnessed among manufacturers. In addition, the companies dealing in disinfectant chemicals are also steadily penetrating into the disinfectant product arena through forward integration.

North America to Maintain its Hegemony in Sterilant and Disinfectant Chemicals Market

North America has dominated the demand pie of sterilant and disinfectant chemicals market in 2019. A large number of disinfectant manufacturing companies along with high demand from the healthcare and water treatment industries are some of the major factors giving traction to the regional market.

Furthermore, COVID-19 has threatened United States as the country is top on the list for positive cases. Also, these numbers are expected to increase over the next few months resulting in increased consumption of disinfectants and consequently the chemicals.

Moreover, presence of multiple players dealing in sanitizers and wipes in the region is expected to push the disinfectant chemicals consumption trend to new heights.

Alcohol and Chlorine Compounds to Account for ~50% of the Demand Pie In 2020

The sterilant and disinfectant chemicals space covers a wide range of products that are used as per the application and standards provided by government authorities. Of various chemical compositions used in disinfectants, alcohol and chlorine compounds have accounted for nearly half of the global demand in 2020. Dominant application of ethyl alcohol and isopropyl alcohol as surface disinfectants across healthcare and other major industries are driving consumption.

Furthermore, as of March 2020, Arkema has repurposed the production line of alcohol based solutions with a capacity of 20 tons per week. Several other players are also expected to emerge in order to help fight the world against COVID-19 crisis. Under optimistic scenario, the alcohol segment is expected to register a demand of nearly 7% over 2020-2030.

Impact of COVID-19 on Global Sterilant and Disinfectant Chemicals Market

Covid-19 pandemic has adversely impacted the global chemical industry where national and regional lockdowns have disrupted both production and supply chain. It is possible that the effect on chemical firms will be complex, affecting demand and supply. At the same time, manufacturers are determining how best to tackle possible disruptions to the supply chain and capacity constraints that may prevent them from meeting evolving customer needs.

However, being the most important ingredient for disinfectants, the disinfectant chemicals industry has witnessed spike in demand in the first quarter of 2020. Manufacturers are continuously focusing on production, capacity expansions and donations in order to manage the demand form disinfectant manufacturing companies. Under the optimistic scenario, demand for sterilant and disinfectant chemicals would experience a consistent uptick till the mid of second quarter.

Furthermore, demand curve would touch stability by the start of third quarter. However, under the pessimistic scenario, demand curve is likely to showcase a dip from the mid of second quarter and would stabilize by the beginning of 2021.

Sterilant and Disinfectant Chemicals Market Segmentation

Fact.MR has studied the sterilant and disinfectant chemicals market with detailed segmentation on the basis of type, application, activity, and key regions.

• By Type :

  • Peracetic Acid
  • Alcohols
  • Aldehydes
  • Hydrogen Peroxide
  • Quaternary Ammonium Compounds
  • Others

• By Application :

  • Water disinfectants
  • Air disinfectants
  • Surface disinfectants

• By Activity :

  • High level disinfectants
  • Intermediate level disinfectants
  • Low level disinfectants

• By Region :

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • Middle East & Africa

“This taxonomy prepared is confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than the addressee(s) is unauthorized and prohibited.”