North America Disinfectants and Cleaning Agents Market Analysis

North America Disinfectants and Cleaning Agents Market Analysis

North America disinfectants and cleaning agents market is bifurcated based on product as degreasers, cleaning agents, and disinfectants. Disinfectants segment will witness high demand owing to the growing use of acids, alcohols, aldehydes, alkalis, oxidizing agents, and phenols across several industries, educational institutions, hospitals, and households. The increasing spread of viral infections such as COVID-19 has surged demand for disinfectant wipes and sprays from medical professionals and consumers seeking to protect themselves from the novel coronavirus.
 

Disinfectants segment may witness growth over 6.5% between 2020 to 2026. Rise in industrialization activities coupled with the adoption of innovative marketing strategies by major FMCG manufacturers will surge the demand for disinfectants in the region. Key benefits of disinfectants such as broad-spectrum antimicrobial, virucidal, fungicidal properties along with excellent solubility, stability, non-toxic, and non-corrosive nature is likely to spur the product demand.
 

Favorable regulatory guidelines from the Centers for Disease Control and Prevention (CDC) for maintaining proper hand hygiene and environmental cleaning in healthcare facilities will instigate the North America disinfectants and cleaning agents market segment growth.
 

North America disinfectants and cleaning agents market is bifurcated based on active ingredients as caprylic acid, hydrogen peroxide (H2O2), alcohols, orthophthalaldehyde, glutaraldehyde, peracetic acid, chlorine and chlorine compounds, iodophors, quaternary ammonium compounds, synthetic theme oil, and others. Alcohols based active ingredients led the market accounting for over USD 250 million in 2019. Rising awareness regarding hygienic living practices coupled with the increasing cases of COVID-19 is likely to demand the use of alcohol-based products.
 

Market for alcohol-based disinfectants is expected to witness an upsurge during the forecast period owing to its high-performance characteristics, quick action, high efficiency, and cost-effectiveness. Alcohols, typically in the form of 60% to 80% ethyl alcohol or 70% isopropyl alcohol (IPA), are used as topical disinfectants.
 

In April 2020, the World Health Organization issued guidelines for recommending the use of alcohol-based disinfectants to curb the transmission of the COVID-19 virus. Besides, key benefits of ethyl alcohol such as powerful broad-spectrum germicide and excellent cleaning properties make it effective against the influenza virus.
 

North America disinfectants and cleaning agents market is bifurcated based on end-use such as industrial, commercial & institutional, and residential. Industrial sector is anticipated to hold more than 50% share. Increasing demand for high-performance products in the industrial sector coupled with strict labor laws is will propel the segment growth. Also, increasing the use of acid or alcohol-based solutions as a solvent or cleaning agent across manufacturing industries that produce water-sensitive items is likely to further augment the growth of the market.
 

High sanitization and disinfection standards required by industries manufacturing medical devices, automotive, printed circuit boards, chemicals, pharmaceuticals, and feed products will spur the North America disinfectants and cleaning agents market size. The ability of alcohol-based disinfectants to efficiently kill pathogens with high evaporation rates makes them compatible with food industry as these solutions are used in the food sanitization process, thus propelling the market growth.
 

Numerous tax preferential policies and tax exemption benefits provided by the U.S. and Canadian governments for the upgrading of production facilities of small businesses will further stimulate regional market growth.
 

Canada disinfectants and cleaning agents market will attain a CAGR of over 7.5% between 2020 to 2026 owing to favorable government guidelines and policies towards the manufacturing and use of surface disinfectants and home cleaning products. For instance, Health Canada is working with disinfectant manufacturers and industry associations to inform Canadians of the products that can be used to help against the spread of COVID-19. Moreover, high consciousness among the consumers towards safety & hygiene and elimination of microorganisms on environmental inanimate surfaces and objects will surge the product demand.
 

Increasing consumer spending on personal care products and strong demand from commercial & institutional sectors will foster the overall industry size. Rising incidence of nosocomial infections, increasing geriatric population, and improvements in healthcare infrastructure will further boost product demand in the country. High consumer disposable income, awareness related to health and hygiene along with spread of COVID-19 virus in Canada has enhanced the demand for soaps, sanitizers, wipes, disinfectants, and cleaning products in the country.