PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1399599
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1399599
Ortho phthalaldehyde (OPA) market size is predicted to witness more than 5.4% CAGR between 2023 and 2032. The increasing awareness of healthcare-associated infections (HAIs) and the pressing need for effective sterilization in healthcare settings drive the demand for OPA-based disinfectants. According to the WHO, one out of every ten patients die from HAI. In acute-care hospitals globally, seven out of 100 patients in high-income countries and 15 in low- and middle-income countries acquire at least one HAI during their stay.
The exceptional antimicrobial properties of ortho phthalaldehyde, coupled with its compatibility with a wide range of materials, make it a preferred choice for medical instrument sterilization. Moreover, stringent regulatory guidelines and the growing emphasis on patient safety further contribute to the ascending trajectory of the market.
The ortho phthalaldehyde industry is classified based on application, end-use, and region.
The food & beverage application segment is expected to witness substantial growth through 2032. The demand for high-level disinfectants in food processing and packaging facilities is escalating, driven by the need to ensure food safety and meet stringent hygiene standards. OPA's versatility in effectively eliminating a broad spectrum of microorganisms makes it an ideal choice for disinfecting surfaces, equipment, and utensils in food processing plants. The focus on maintaining hygiene throughout the production process in F&B sector will push the product demand.
The pharmaceutical segment is anticipated to record strong CAGR during 2023 and 2032. The stringent regulatory requirements governing pharmaceutical manufacturing underscore the necessity for robust disinfection protocols. The ability of OPA to provide high-level disinfection for critical equipment, such as cleanroom surfaces and manufacturing tools, makes it indispensable in pharmaceutical production. With the adoption of cutting-edge technologies, ortho phthalaldehyde proves to be a reliable ally in maintaining the integrity and purity of pharmaceutical products.
Europe ortho phthalaldehyde market will generate massive revenues by 2032 owing to the region's commitment to healthcare excellence and the continuous modernization of medical facilities. The healthcare institutions in the region are increasingly turning to ortho phthalaldehyde for its rapid and effective sterilization capabilities, aligning with the dedication to elevate healthcare standards. The growing prevalence of infectious diseases and the need to mitigate their impact amplify the product significance in safeguarding public health, pushing the industry growth.