Europe Antiseptic And Disinfectant Market Size & Outlook
Europe antiseptic and disinfectant market, 2017-2030 (US$M)
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Europe antiseptic and disinfectant market highlights
- The Europe antiseptic and disinfectant market generated a revenue of USD 9,469.0 million in 2023.
- The market is expected to grow at a CAGR of 10.1% from 2024 to 2030.
- In terms of segment, quaternary ammonium compounds was the largest revenue generating type in 2023.
- Enzyme is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 9,469.0 million |
| Market revenue in 2030 | USD 18,531.9 million |
| Growth rate | 10.1% (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 |
Other key industry trends
- In terms of revenue, Europe region accounted for 30.2% of the global antiseptic and disinfectant market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 12,652.2 million by 2030.
Quaternary ammonium compounds was the largest segment with a revenue share of 31.57% in 2023. Horizon Databook has segmented the Europe 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.
Rising number of surgeries and increasing incidence of hospital-acquired infections are expected to fuel the market growth over the forecast period. In addition, various initiatives being undertaken by major market players pertaining to antiseptic & disinfectant solutions and recommendations by doctors for using such solutions are also anticipated to propel the market growth.
In addition, increasing number of surgical procedures being performed is likely to positively impact market growth as usage of disinfectant solutions is necessary for reprocessing surgical units before surgeries. Hence, the market is expected to grow over the forecast period.
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Antiseptic And Disinfectant Market Scope
Antiseptic And Disinfectant Market Companies
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Europe antiseptic and disinfectant market size, by country, 2017-2030 (US$M)
Europe Antiseptic And Disinfectant Market Outlook Share, 2023 & 2030 (US$M)
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