Soaring cases of nosocomial infections and thriving healthcare infrastructure have augured well for the business outlook. According to the study, North America disinfectants and cleaning agents market size will surpass USD 2.5 billion by 2026.
In the midst of the prevailing global coronavirus pandemic, environment-friendly disinfection and cleaning agents have become the trend-setter in the U.S. Chemists have exhibited traction for natural resources to address the pollution risk and health hazards of disinfectants.
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Bringing the future to life is the use of cleaning and disinfectant products to reduce or decimate pathogenic microorganisms. The U.S. Environmental Protection Agency (EPA) has joined hands with the CDC and other stakeholders to help reduce the risk of exposure to COVID-19. The EPA has vouched for disinfectant products such as wipes, ready-to-use sprays and concentrates.
COVID-19 impact on disinfectants sector
The sale of disinfectants and cleaning products has spurted in the past couple of years. The emergence of the COVID-19 pandemic has had a positive influence on the industry size. Not only have several companies furthered the production of cleaning products but other companies have also jumped on the bandwagon.
Stakeholders are changing their business model, with other companies finding a new niche in coronavirus disinfection. Companies are expected to benefit from the consumer shifts triggered by the COVID-19 outbreak.
Quaternary ammonium compound disinfects
Quaternary ammonium compounds (QACs) have become ubiquitous in surface disinfectants, antiseptics and biocides. Residential and industrial applications are expected to be major recipients of disinfectants. It is mainly attributed to surface activity, tremendous stability and toxicology, lack of odor and compatibility with cleaner formulations.
Pharmaceutical companies have exhibited a trend for the disinfectant chemicals used in household cleaners, sprays and disinfectant wipes. Amidst rampant COVID-19 and viral pathogens, QACs are expected to be sought to kill surfaces and bacteria. Not to mention, they are profoundly used as surfactants in shampoos.
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Hospitals and laboratories to witness profound use
The current trend alludes to the expansion of cleaning chemical products for hospitals and laboratories across the U.S. and Canada. The CDC asserts that one in 31 hospital patients has at least one healthcare-associated infections. Several researchers have suggested that a soaring number of HAIs are led by pathogens.
The CDC has introduced regulatory guidelines to curb the rate of HAIs, encouraging disinfectant companies to further their product pipeline. The regional market share from hospitals & laboratories segment will expand at a healthy CAGR of more than 8% through 2026. Disinfection and cleaning of the health care environment will play an invaluable role in negating the indirect transmission of SARS-CoV-2.
Growth opportunities in the U.S. and Mexico
The U.S. is expected to reign supreme on the heels of potential growth opportunities in eco-friendly disinfectants and cleaning products. Environmentally friendly disinfectants are targeting food processing, household, agriculture and health care applications. Hospital-grade disinfectants and bathroom cleaners will cater to the demands of the consumers.
Stakeholders are slated to bolster their product portfolio in Mexico as the region witnesses increased demand from hospitals, hotels and offices. The Mexico disinfectants & cleaning agents industry is forecast to expand at an impressive CAGR of more than 7% through 2026. Industry leaders are likely to pitch for the creation of robust policies to reduce infection and augment the use of disinfection.
Potential bottleneck
Even though North America disinfectants & cleaning agents industry outlook looks strong, the dearth of raw materials, corrosion of metals and skin irritation may impede the growth. Moreover, the temporary shutdown of automotive plants will be one of the major bottlenecks in the landscape.
Demand for eco-friendly disinfectants will take a giant leap in the next few years. The market uptake will largely depend upon the penetration of quaternary ammonium compounds (QACs). The challenge lies ahead to reduce costs associated with validation testing of a range of formulations.
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