Product Code: RP-ID-10324802 |
Published Date: 21 Oct 2022 |
Region: NA |
Category: Chemicals |
Report ID: 10324802
Market Overview:
Impact of COVID-19 on Alcohol Disinfectants Market Size study, by Products (Propyl Alcohol, Methyl Alcohol, Ethyl Alcohol, and Isopropyl Alcohol), by Applications (Sanitizers, Clinical Devices, Clinical Surface, and Others) and Regional Forecasts 2020-2026
Impact of COVID-19 on Alcohol Disinfectants Market is valued approximately USD XX million in 2019 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2019-2026. The growing demand for alcohol-based disinfectants such as hand sanitizers owing to the surge in COVID 19 epidemic coupled with the rising awareness towards health hygiene has propelled the growth of alcohol-based disinfectants. Moreover, various chemical firms are moving production at plants around the world to satisfy increasing demand for hand sanitizers and surface disinfectants while regulators are playing their part in lightening constraints during the Covid-19 coronavirus pandemic. Furthermore, other active drugs are in limited supply, such as alcohols, as the current recession raises competition for the goods. Dozens of chemicals firms have come up to supply finished goods or the ingredients used to produce them. For instance, BASF has reallocated several tons of isopropanol for hand sanitizer production. Dow Chemical has shifted production to an estimated 200 tons of sanitiser a week at five of its plants around the world. Ineos, a European supplier of the two main raw materials required for hand sanitizers – isopropyl alcohol (IPA) and ethanol – has announced plans to develop a UK factory to produce a million disinfectant bottles each month. Dow Chemical, which manufactures isopropyl alcohol, has collaborated with authorities in Michigan and West Virginia, as well as the U.S. Food and Drug Administration, the Alcohol and Tobacco Excise and Export Office, and the Homeland Security Department to satisfy regulatory standards to boost production. An expected rising demand shift for domestic and industrial disinfectants would fuel business growth over the next seven years. Over the past few years, the paint industry has seen steady development and is projected to fuel the success of the global economy. They are used for removing unnecessary microorganisms in paints. The boom in the cosmetics industry is expected to raise the global demand for disinfectants dependent on alcohol.
The regional analysis of Impact of COVID-19 on Alcohol Disinfectants Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. In terms of value, the North America is expected to account for the majority of the market owing presence of a large number of players and high level of awareness will contribute positively to the growth of the regional market
Major market player included in this report are:
3M Company
BODE Chemie Gmbh
Ecolab Inc.
Reckitt Benckiser Group Plc.
DuPont de Nemours Corporation
Johnson & Johnson Ltd.
Vaportek Inc.
Kao Corporation
Procter Gamble Co.
Reckitt Benckiser Group Plc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
N-propyl alcohol
Methyl alcohol
Ethyl alcohol and
Isopropyl alcohol
By Application:
Hand Sanitizers
Clinical Surfaces
Clinical Devices
Others
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017, 2018
Base year – 20198
Forecast period – 2020 to 2026
Target Audience of the Impact of COVID-19 on Alcohol Disinfectants Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
BODE Chemie Gmbh
Ecolab Inc.
Reckitt Benckiser Group Plc.
DuPont de Nemours Corporation
Johnson & Johnson Ltd.
Vaportek Inc.
Kao Corporation
Procter Gamble Co.
Reckitt Benckiser Group Plc.
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