As chlorine-based disinfectants are capable of deactivating pathogenic microorganisms that are often found in water, their demand is projected to surge in the assessment period.
Global chlorine disinfectant market revenues are poised to reach US$ 4.2 Billion by the end of the 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 disinfectants are set to soar promisingly in the near term, as projected by a new Future Market Insights (FMI) study.
The survival period of SARS-COV-2 – a virus that causes COVID-19 – on inanimate objects differs with various factors including, temperature, and humidity. This accents the need for 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 the presence of several international and domestic payers in the market. The top ten established players account for over a third of the 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 the domestic market. Leading manufacturers are laying emphasis on strengthening their partnerships with end users.
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Chlorine Disinfectant Market by Category
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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 the water treatment industry in emerging countries. Furthermore, increasing awareness regarding 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 a global industry analysis of 2015-2021 and an opportunity assessment for 2022-2030. The report provides an insightful analysis of the Chlorine Disinfectant market through four different segments- grade, application, end-user, 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, Inc. (ESOMAR certified, Stevie Award - recipient 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.
May 29, 2023