Market revenue in 2023 | USD 6,042.0 million |
Market revenue in 2030 | USD 12,652.2 million |
Growth rate | 11.1% (CAGR from 2023 to 2030) |
Largest segment | Quaternary ammonium compounds |
Fastest growing segment | Enzyme |
Historical data covered | 2017 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Quaternary Ammonium Compounds, Chlorine Compounds, Alcohols & Aldehyde Products, Enzyme |
Key market players worldwide | 3M Co, Reckitt Benckiser Group PLC, Steris PLC, Kimberly-Clark Corp, Cardinal Health Inc, BD, Johnson & Johnson, Bio-Cide International |
Quaternary ammonium compounds was the largest segment with a revenue share of 31.67% in 2023. Horizon Databook has segmented the Asia Pacific antiseptic and disinfectant market based on quaternary ammonium compounds, chlorine compounds, alcohols & aldehyde products, enzyme covering the revenue growth of each sub-segment from 2017 to 2030.
Increasing incidence of healthcare-associated infections, food poisoning, cholera, and typhoid fever is a major factor driving the market over the forecast period. In addition, rising awareness about home cleanliness among people is likely to positively impact the market growth. Furthermore, major players are also making efforts to enter into untapped markets in Asia Pacific region, thereby expanding the market scope.
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