Antimicrobial & Disinfectant Chemicals Market Size, Share & Trends Analysis Report By Function (Disinfectant & Sanitizers, Antimicrobial Additives), By Product Type (Phenolic, Iodophors, Nitrogen Compounds, Organometallics, Organosulfur, Aldehydes, Other Chemicals), By End-Use (Paint & Coatings, Food & Beverage Processing, Medical & Health Care, Plastics, Textiles, Others) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2024-2032

Market Overview

The global antimicrobial & disinfectant chemicals market size was valued at USD 11,764 million in 2021, presumed to reach USD 20,213 million, expanding at a CAGR of 7% during the forecast period. 

Substances that can diminish the presence of germs, such as bacteria and mold, are referred to as antimicrobials. A disinfectant is an antimicrobial substance that can be applied to the surface of certain things to eradicate any bacteria that may be present. Disinfectants and antimicrobial chemicals destroy or inhibit the growth of hazardous organisms through chemical or biological means. There are numerous types of disinfectants on the market, including oxidizing agents, phenolic compounds, and aldehydes. Disinfectants and antimicrobial chemicals are utilized in multiple industries, including paint and coatings, food and beverage processing, and medical and healthcare.

Increased demand for disinfectants in sectors like building & construction and paints & coatings is a significant factor driving the worldwide antimicrobial & disinfectant chemicals market. In addition, an increase in consumer awareness of infectious diseases is predicted to drive market expansion. However, the development of new technologies, such as UV radiations, is diverting the focus of end users, which is expected to impede the growth of the global antimicrobial & disinfectant chemicals market. During the projected period, the demand for antimicrobial & disinfectant chemicals from the food processing and water & wastewater treatment sectors is anticipated to generate lucrative growth opportunities for the market.

Market Dynamics

Market Driving Factors

The Growing Demand from Construction & Building Sector and Awareness Regarding Infectious Diseases

An increase in residential & commercial construction works, infrastructure projects, and other construction projects in developing and developed economies are driving the demand for paints & coatings, furniture, and other construction materials, which in turn causes antimicrobial & disinfectant chemicals market growth in the coming years. However, due to the pandemic's breakout, the sectors' operations had to be halted, resulting in a delay in infrastructure upgrading efforts. In contrast, as construction activities increase in developing nations, so does consumer awareness of antimicrobial construction materials to prevent future maintenance and extend the structures' lifespan. Consequently, due to this aspect, the demand for antimicrobial & disinfectant chemicals is rising, resulting in a substantial market expansion. Therefore, the increase in building and construction activities around the globe is a crucial factor driving the global antimicrobial & disinfection chemicals market.

In addition, increasing campaigns promoting personal hygiene practices and a rise in literacy rates are anticipated to raise the demand for antimicrobial & disinfectant chemicals, consequently fostering market expansion in the future. Microorganisms like bacteria, viruses, and fungi are responsible for infectious diseases. The persistence of microorganisms on various surfaces, such as doors, windows, and clothing, increases the danger of spreading infectious diseases. Increased consumer awareness of these contagious diseases is projected to stimulate demand for antimicrobial & disinfection chemicals over the next several years.

Market Restraints Factors

Technological Advancements and the Prevalence of Alternative Options

The availability of alternative technologies for disinfecting surfaces, such as ultraviolet irradiation, electron beam, gamma-ray irradiation, and ozone, is a major factor restraining the global antibacterial & disinfectant chemicals market. In addition, applying light-activated photosensitizers, like nanosized titanium dioxide, to surfaces in conjunction with ultraviolet radiation to create reactive oxygen species to disinfect surfaces is an emerging new technique. In addition, light-activated photosensitizer method development is in its infancy. In the future, the antimicrobial & disinfectant chemicals market is expected to have sluggish expansion due to increased surface disinfection research and development activities.

Global Antimicrobial & Disinfectant Chemicals Market Opportunities

The Growing Demand from the Food Processing and Water & Wastewater Treatment Sector

Food contact surfaces are increasingly treated with disinfectant and antimicrobial chemicals, like chlorine compounds, carboxylic acids, quaternary ammonium, and iodine. Demand for these items from restaurants, hotels, and the food processing industries is anticipated to generate opportunities for market leaders. In addition, a rise in health and personal hygiene consciousness is predicted to raise the demand for antimicrobial and disinfectant chemicals used in food processing, which drives the market's expansion. Rapid urbanization in developing nations has increased the need for clean drinking water, sanitation, and other water-related uses. These factors have contributed to water shortage, increasing the need for water treatment to meet industrial and potable water demands. This element is anticipated to create profitable prospects for water treatment chemicals and disinfectant makers.

Regional Analysis

The region-wise segmentation of the global antimicrobial & disinfectant chemicals includes North America, Europe, Asia-Pacific, and LAMEA.

The Asia Pacific and Europe will Dominate the Regional Market

The Asia Pacific will command the market with the largest share while growing at a CAGR of 7.2%. Rising economies such as China, Japan, India, and Australia are the primary factors driving Asia-Pacific's antimicrobial & disinfectant chemicals market. Moreover, the region is home to a significant number of major players, and the availability of production facilities contributes considerably to market expansion. In addition, increased urbanization and industrialization in countries such as China and India increase the demand for paints and coatings, which fuels the growth of the disinfectant industry.

The demand for antimicrobial & disinfectant chemicals in Asia-Pacific, particularly in China and India, is attributable to an increase in the demand for potable water in domestic and industrial applications due to a growing population. This is anticipated to stimulate demand for antimicrobial & disinfectant chemicals in water treatment applications to prevent the contamination of industrial products and to reduce the risk of waterborne diseases caused by microorganisms. In addition, the increased use of antimicrobial compounds in food and beverage preservatives drives the market's expansion.

Europe will expand at a CAGR of 6.8% and hold USD 4,998 million. Disinfectants are necessary to prevent the growth of microbes in various applications, such as food and drinks, textiles, and plastics, which will increase the demand for disinfectants in the coming years. In addition, the increase in investment in infrastructure development and other construction activities in the region increases the need for paints & coatings, wood coatings, plastic & powder coatings, and other products, which in turn drives the market growth for antimicrobial & disinfectant chemicals.

The increased usage of nitrogen-based antimicrobial compounds in wood preservation, domestic, and industrial applications is anticipated to boost the market. In addition, the increasing prevalence of electronic applications like smartphones, tablets, and personal computers considerably adds to the increase in demand for plastics, which drives the need for antimicrobial & disinfectant chemicals in Europe.

Segmental Analysis

The global antimicrobial & disinfectant chemicals market is classified based on function, product type, end-use, and region.

By Function Analysis

Based on function, the categories are disinfectant & sanitizer and antimicrobial additives.

The disinfectant & sanitizer section is envisioned to grow at a CAGR of 6.8% and hold the largest market share. A disinfectant is a chemical substance that prevents, controls, and inhibits the growth of germs such as viruses, fungi, and bacteria on diverse surfaces. In contrast, sanitizer is a chemical substance used to eradicate or minimize microbial contamination on various surfaces. The growth of the disinfectant & sanitizer market over the forecast period is anticipated to be driven by the growing awareness of cleanliness practices and the importance of good health. In addition, an increase in building and construction activities, as well as an improvement in infrastructure in developing and developed markets such as India, China, Australia, the United States, and Canada, are driving the expansion of the global antimicrobial & disinfectant chemicals market.

The antimicrobial additives section will hold the second-largest share. An antimicrobial additive is a chemical compound that inhibits the growth of microorganisms like viruses, bacteria, and fungi on polluted surfaces. Antimicrobial additives offer various benefits, including resistance to the development of unpleasant mildew and germs and inhibition of the physical degradation of surfaces caused by microbes in healthcare institutions, schools, and food processing industries. Various sectors, including pulp, paper, paints, adhesives, inks, and construction, will likely increase their need for antimicrobial additives over the forecast period, driving market expansion. In addition, the increasing usage of antimicrobial compounds in the food packaging industry to inhibit microbial development and, consequently, increase the shelf life of food products drives market expansion.

By Product Type Analysis

Based on product type, the categories include Phenolic, Iodophors, Nitrogen Compounds, Organometallics, Organosulfur, Aldehydes, and Other Chemicals.

The organosulfur section is envisioned to grow at a CAGR of 7.3% and hold the largest market share. Organosulfur refers to an organic compound containing sulfur. Organosulfur is a bioactive substance produced from plant and animal sources. It exhibits antibacterial properties against numerous pathogens, including bacteria, viruses, and fungi. Increased demand for organosulfur compounds from the healthcare, plastics, food, and paints & coatings industries is anticipated to propel market expansion over the forecast period. In addition, the increasing use of organosulfur compounds in medicinal applications, due to their antibacterial, anti-fungal, and anti-tumor capabilities, is expected to fuel the demand for organosulfur, which drives the antimicrobial & disinfectant chemicals market.

The phenolic section will hold the second-largest share. For disinfecting equipment, phenol-based disinfectants and antimicrobial agents are utilized. In the presence of organic material, phenolics are more potent than iodine or chlorine-based disinfectants. Numerous industries, including the food industry, pulp and paper, paints, adhesives, inks, metal working fluids, chemical toilets, and construction, are employed as additives in coatings and films. The demand for phenolic disinfectants from industries like pulp & paper, food, agriculture, and paints & coatings is anticipated to propel market expansion over the forecast period. In addition, the demand for phenol-based disinfectants from the healthcare sector for antiseptics, surgical scrubs, and toilet soaps drives the market's expansion.

By End-Use Analysis

Based on end-use, the categories include Paint & Coatings, Food & Beverage Processing, Medical & Healthcare, Plastics, Textiles, and Others.

The paint & coatings section is envisioned to grow at a CAGR of 7% and hold the largest share. In coating formulations, antimicrobial and disinfection compounds are used to limit the growth of microorganisms, thereby preserving liquid paints, dry coatings, and industrial facilities from biological deterioration, damage, and failure. Their effectiveness is typically selective and dependent on the nature of the substance to be protected, the climatic zone, and, in some cases, local circumstances. The expansion of the antimicrobial & disinfectant chemicals market is driven by an increase in construction activities in Asia-Pacific & the Middle East and an upgrade in North America's building infrastructures. In the paints & coatings business, antimicrobial compounds are widely utilized due to their antimicrobial, anti-fungal, and antibacterial capabilities.

The medical & healthcare section will hold the second-largest share. Increased demand for disinfectants, antiseptics, and preservatives from the healthcare and pharmaceutical industries fuels the antimicrobial & disinfectant chemicals market's expansion. In addition, the use of biocides in pharmacies to sterilize medical equipment and disinfection surfaces is anticipated to increase biocide demand in the future years. In addition, the increase in the need for preservatives like benzyl alcohol, chlorocresol, parabens, and isothiazolinones in the pharmaceutical and cosmetics industries drives the global expansion of the market.

Impact of covid-19

COVID-19 has positive and negative market consequences, as carbon emissions have decreased globally due to the lockout. COVID-19's reduction in emissions is a short-term benefit. Still, when industries and enterprises attempt to recoup some of their financial losses in the first quarter of the year, carbon emissions will rise dramatically. COVID-19 had a negative impact on global recycling efforts. Countries, notably the United States, have halted or decreased recycling programs to focus on collecting additional domestic waste or because services have been disrupted by the virus.

Also, with industries slowly returning to normalcy following the COVID-19 outbreak, this shift in workplace health and safety is expected to increase due to mandatory social distancing and continuous personal care through sanitization to eliminate even the tiniest possibility of COVID-19 spread. COVID-19 has impacted various companies' revenues, and if the lockdown is lifted, companies will turn their attention to operations to make up for their losses.

Recent Developments

• In 2022, Ashland Incorporated introduced Gafchromicä LD-V1 diagnostics film. It has enhanced contrast and image clarity. This sensitive dose range provides rapid, easy-to-read calibration results with data that is even simpler to comprehend.