Market revenue in 2023 | USD 2,085.8 million |
Market revenue in 2030 | USD 4,256.5 million |
Growth rate | 10.7% (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 31.49% in 2023. Horizon Databook has segmented the Middle East & Africa 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 awareness about home cleanliness and increasing cases of food poisoning and cholera are some of the major factors expected to drive the market growth over the forecast period. In addition, increasing healthcare expenditure by governments of MEA countries is expected to lead to entry of several major players into the market, which is anticipated to fuel the market growth.
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