The Sanitizing Agents Market size is expected to reach 32.34 USD billion by 2029; Sanitizing Agents are a necessary sanitary product for maintaining hygiene and cleanliness in homes and environments
PUNE, India , Sept. 21, 2022 /PRNewswire/ -- Sanitation has become an important aspect of the major industrial processes and commercial sectors. Sanitizing agents are being used more frequently to maintain a level of sanitation. The growing awareness of the importance of food product quality is a major reason why demand for sanitizing agents is expected to rise due to their efficiency and cost-effectiveness.
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The Global Sanitizing Agents Market is expected to grow from 16.90 USD billion in 2021 to 32.34 USD billion by 2029, at a CAGR of 7.8% during the forecast period 2022-2029
Major health concerns are expected to drive demand for sanitizing agents. Outbreaks caused by food consumption are a major factor influencing the use of sanitizing agents. For example, the Food Quality and Safety Agency published a report stating that food-borne outbreaks in Brazil resulted in approximately 2900 illnesses over a six-year period. Such incidents increase the demand for sanitizing agents of both physical and chemical nature, such as chlorine dioxide and quaternary ammonium boost the Sanitizing Agents Market.
27/7/2021 - Reckitt Benckiser shares hit as boom in cleaning products moderates
Reckitt Benckiser has warned that a boom in demand for disinfectants and surface cleaners has moderated while commodity cost pressures have intensified, sending shares in the household products group sharply lower.
01/12/21- STERIS Announces Definitive Agreement to Acquire Cantel Medical
STERIS plc ("STERIS" or the "Company") and Cantel Medical Corp (NYSE:CMD) ("Cantel") today announced that STERIS has signed a definitive agreement to acquire Cantel, through a U.S. subsidiary.
Due to rise in investment in development of eco-friendly acid-based chemicals, Asian Market to Witness Increasing Investments in sanitizing agents' market.
Asian countries are increasing their investments in the production of sanitizing agents. These investments reflect the importance of sanitizing agents in the Asian market. For example, Indian Peroxide Ltd. announced the opening of a new hydrogen peroxide production plant in the Indian state of Gujarat.
Regulations pertaining to Sanitization to Effectively Govern the Sanitizing Agents Market
The major growth influencers of the sanitizing agent market are stringent regulations for maintaining sanitization in industries such as food, pharmaceutical, and others. For example, Toronto Public Health recently closed one restaurant and issued conditional passes to ten others due to a variety of factors, one of which was sanitation.
Volume in kilo tons, revenue in USD million/billion, and CAGR from 2022 to 2029
Volume forecast, revenue forecast, company ranking, competitive landscape, growth factors, and trends
North America; Europe; Asia Pacific; Central & South America; Middle East & Africa
U.S.; Canada; Mexico; Germany; U.K.; France; Italy; Russia & CIS Countries; Benelux; Turkey; Spain; Switzerland; Sweden; Poland; Austria; Norway; Denmark; Finland; Portugal; Czech Republic (CZ); Slovenia; China; India; Japan; Thailand; Brazil; Argentina; Saudi Arabia; South Africa
3M, Reckitt Benckiser, STERIS plc, Kimberly-Clark Corporation, Bio-Cide International Inc., Cardinal Health, Novartis AG, Johnson& Johnson, Peroxy Chem, Badger Fabrication, Hydriyte Chemical Company, IVH-Germany, Seatax Ltd., Troy Chemical Industries, and Maclin Group
Report customization (equivalent up to 8 analyst's working days) with purchase. Addition or alteration to country, regional & segment scope
Sanitizing Agents Market Players to Gain Greater Profits with the help of evolving Sanitation Requirements
Players in the sanitizing agent market are increasingly strategizing their future actions in order to gain a significant competitive advantage and offer improved products to the market. Among the key actions that govern the business growth of these sanitizing agent providers are acquisition and collaboration strategies.
The key players include 3M , Reckitt Benckiser, STERIS plc, Kimberly-Clark Corporation, Bio-Cide International Inc., Cardinal Health, Novartis AG, Johnson& Johnson, Peroxy Chem, Badger Fabrication, Hydriyte Chemical Company, IVH-Germany, Seatax Ltd., Troy Chemical Industries, and Maclin Group.
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Key Market Segments: Sanitizing agents Market
Sanitizing Agents Market by Process Type, 2020-2029, (USD Million)
Sanitizing Agents Market by Industrial Vertical, 2020-2029, (USD Million)
Sanitizing Agents Market by Region, 2020-2029, (USD Million)
Increasing Applications from Several Sectors to Boost Market Progress
Sanitizing Agents applications are increasing rapidly from the food & beverage, textiles, and home care sector. Its disinfecting ability and effectiveness are expected to increase its adoption. The rising awareness from consumers regarding hygiene is expected to boost its sales. Further, the adoption of the product as an ingredient in hand wash, shampoo, cleaning products, detergent, and sanitizers is expected to boost the product demand. It is used in several Industrial cleaning applications to remove dust particles, by-products, soil, and other impurities. Increasing adoption of the product in hospitals and other medical institutions is expected to boost its sales. Rising per-capita income and evolving consumer lifestyles lead to the adoption of cleaning agents from consumers in developing countries. These factors are likely to fuel the Sanitizing Agents market growth.
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Bleach is a colourless blanching agent made of white crystalline peroxide that acts as a catalyst in free radical reactions. Bleaching agents, which can be flour, fats, or oils, help to change the colour of the products to nil or colourless.
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Crosslinking is a chemical technique that creates linkages between polymer chains and can be used to make synthetic or natural polymers. When crosslinks are added to polymers, they lose their potential to move as distinct polymer chains.
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Matting agents are additives that enhance the performance of paints and coatings. They create a micro-rough surface. This facilitates to diffusely reflect the incident light on it, thus creating an impression of low gloss.
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