Antiseptic and Disinfectant Market | Manufacturers upgrading their production facilities to meet the increased demand
The heightening awareness among the global populace for maintaining hygiene may serve as an efficient growth factor for the antiseptic and disinfectant market. The recent virus outbreaks have prompted many end-users to make use of antiseptics and disinfectants to guard against the virus. Thus, this aspect may prove to be a good growth generator for the antiseptic and disinfectant market across the forecast period of 2019-2029.
This report on the antiseptic and disinfectant market describes the overall present scenario. The report covers growth parameters such as popular trends, competitive assessments, and the regional landscape. The antiseptic and disinfectant market report also analyses the pain points and helps the stakeholder to understand the probabilities. The report serves as an ideal tool for the stakeholder to develop business strategies.
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Antiseptic and Disinfectant Market: Competitive Insights
The manufacturers in the antiseptic and disinfectant market are upgrading their production facilities to meet the increased demand for antiseptics and disinfectants due to the novel coronavirus outbreak. Many manufacturers in the antiseptic and disinfectant market are also launching products with new formulations that effectively kill the germs and bacteria on various surfaces. Research and development activities are also helping the players in the antiseptic and disinfectant market greatly.
Adoption of varied business strategies such as mergers, acquisitions, partnerships, and joint ventures help in strengthening the position of the players. This eventually brings extensive growth opportunities for the antiseptic and disinfectant market. Some key participants in the antiseptic and disinfectant market are Bio-Cide International Inc., Johnson & Johnson, Kimberly-Clark Corporation, Novartis AG, and Cardinal Health.
Antiseptic and Disinfectant Market: Key Approvals by Regulatory Authorities
Quick approvals and recommendations by the regulatory authorities are also proving to be growth multipliers for the antiseptic and disinfectant market. Here are some recent approvals for antiseptic and disinfectants by the EPA (Environment Protection Agency):
- Ecolab’s Synergex Sanitizer and Disinfectant became the first product to receive U.S. EPA approval for efficacy against biofilms
- EPA recently approved NEOGEN Corporation’s BioSentry 904 disinfectant as it was proved efficient for killing the coronavirus on the surface
Antiseptic and Disinfectant Market: Novel Developments
The COVID-19 outbreak has completely changed the growth dynamics. As antiseptics and disinfectants help to contain the coronavirus, they are no longer an option. Research and development activities are bringing great advancements across the antiseptic and disinfectant market. Some of the recent developments are as follows:
- Akron Healthcare recently launched Disinfectant tablets to tackle the COVID-19 menace; this development highlights the innovations taking place in the antiseptic and disinfectant market
- University of Arkansas researchers developed a disinfectant spray that can last up to 50 touches before it needs to be reapplied and was created using plant-based nanotechnology
- Denver Broncos, an American Football Team has installed misting booths that spray MicroSURE disinfectant on the player before going to the ground.
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Antiseptic and Disinfectant Market: Regional Dimensions
North America may help in leading the growth of the antiseptic and disinfectant market mainly due to the growing cases of COVID-19. In addition, the escalating numbers of surgeries are also propelling the demand for the antiseptic and disinfectant market.
Asia Pacific may also garner good growth for the antiseptic and disinfectant market due to regular sanitization drives by disinfectants in public spaces. Various guidelines regarding the opening of public spaces and offices recommend regular disinfection, thus adding extra stars of growth to the antiseptic and disinfectant market.
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