ASEAN Livestock Disinfectant Market Share

ASEAN Livestock Disinfectant Market Share

ASEAN Livestock Disinfectant industry is competitive and includes various market players such as

• Lanxess AG
• CID Lines
• Virox Animal Health
• GEA Group AG
• Evans Vandoline
• TheseoGroup
• Laboratoire M2
• KrKa Slovenia
• Evonik Industries

Companies are primarily engaged in strategic acquisitions to expand production capacity and distribution network.
 

In March 2021, LANXESS completed the acquisition of INTACE company which is a manufacturer of specialty fungicides. This acquisition is expected to drive disinfectants market which is likely to support livestock disinfectant market. Furthermore, In January 2021, LANXESS aims to acquire the Theseo Group which is a leading manufacturer of disinfection and hygiene solutions that is used in livestock farming. LANXESS will significantly expand its product range in animal hygiene and is expected to foster market growth.
 

Low usage awareness about the standard operating procedure of these disinfectants can be a market challenge. Furthermore, high cost associated with these disinfectants may further restrain the product market growth.