PUBLISHER: SkyQuest | PRODUCT CODE: 1447860
PUBLISHER: SkyQuest | PRODUCT CODE: 1447860
North America Disinfectants and Cleaning Agents Market size was valued at USD 1.89 Billion in 2022 and is poised to grow from USD 2.04 Billion in 2023 to USD 3.78 Billion by 2031, at a CAGR of 8% during the forecast period (2024-2031).
The growing prevalence of hospital-acquired infections has emerged as a key factor driving the rising global expenditure on disinfectant solutions, consequently fueling the growth of the disinfectants and cleaning agents market in North America. Despite hospitals being places focused on healing, there is a contradictory scenario where patients, in their pursuit of treatment, may unintentionally acquire additional infections within the healthcare setting.
Top-down and bottom-up approaches were used to estimate and validate the size of the North America Disinfectants and Cleaning Agents and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to get the final quantitative and qualitative data.
North America Disinfectants and Cleaning Agents Market Segmental Analysis
The North America Disinfectants and Cleaning Agents market is segmented into four major segments i.e. by product type, material, end-use and region. Based on type, it is divided into polyolefin-based barrier shrink films, polyvinyl chloride (pvc) shrink films, polyethylene terephthalate (pet) shrink films, and other innovative formats. Based on material, it is bifurcated as ethylene vinyl alcohol (evoh) barrier shrink films, polyethylene terephthalate glycol (petg) barrier shrink films, polyvinylidene chloride (pvdc) barrier shrink films, ethylene-vinyl acetate (eva) barrier shrink films, others. Based on end-use it is segregated into food & beverage, healthcare, consumer goods , industrial and automotive, e-commerce packaging and others. Based on region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and MEA.
Drivers of the North America Disinfectants and Cleaning Agents Market
The rising public awareness of the vital importance of hygiene and health is a key factor driving the increased demand seen in the disinfectants and cleaning agents market in North America. This heightened consciousness, especially emphasized against the backdrop of global health issues, has led to a broad adoption of these products in various environments
Restraints in the North America Disinfectants and Cleaning Agents Market
One of the main challenges hindering the market growth of disinfectants is the hazardous health effects associated with the chemicals used in these products. This serves as a significant restraint, raising concerns about the potential risks involved in their use. Particularly, chemicals like sodium hypochlorite, although effective in eradicating blood-borne infections, present a dual challenge due to their potential adverse impacts on both human health and the environment.
Market Trends of the North America Disinfectants and Cleaning Agents Market
The rising need for disinfectants and cleaning agents is closely associated with the healthcare sector, where hospitals, clinics, and various healthcare facilities prioritize rigorous hygiene practices as a crucial measure to prevent infection spread. The significant role of thorough cleaning and disinfection in healthcare environments is a key factor contributing to the strong growth seen in the market.