North America disinfectants and cleaning agents market to grow substantially over 2020-2026
Category: #business |   By Market Study Report |   Date: 2021-01-04 Request Free Sample | 
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North America disinfectants and cleaning agents market to grow substantially over 2020-2026

As per the report titled ‘North America Disinfectants and Cleaning Agents Market Size By Product [Degreaser {Water Based Degreasers, Natural Degreasers, Solvent-Based Degreasers}, Cleaning Agents (Detergents, Acid Based), Disinfectants (Acids, Alcohols, Aldehydes, Alkalis, Oxidizing Agents, Phenols)}], By Active Ingredient (Caprylic Acid, Hydrogen Peroxide (H2O2), Alcohols, Ortho-Phthalaldehyde, Glutaraldehyde, Peracetic Acid, Chlorine And Chlorine Compounds, Iodophors, Quaternary Ammonium Compounds, Synthetic Thyme Oil), By End-Use (Residential, Commercial & Institutional {Hospitals & Laboratories, Commercial Buildings, Schools, Office Spaces}, Industrial [Manufacturing (Automotive, Food & Beverages, Chemicals}, Non-Manufacturing (Agriculture, Construction, Utilities)Industry Analysis Report, Country Outlook Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026’, available with Market Study Report LLC, North America disinfectants and cleaning agents market is anticipated to accrue notable returns through 2026.

Proliferating Covid-19 cases, in tandem with rising awareness among consumers regarding hygiene and safety is bolstering the growth of North America disinfectants and cleaning agents market. Apart from this, government rules and regulations regarding food safety is positively swaying the market dynamics, claims the study.

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Based on product type, degreasers segment currently accounts for over 15% market share and is likely to gain considerable traction in the upcoming years. The segment is further split into solvent-based degreasers, natural degreasers, and water-based degreasers. Industry experts cite that natural degreasers will grow significantly owing to growing preference towards natural products. Meanwhile, water-based degreasers and solvent-based degreasers segments are projected to register a CAGR of 8.5% and 9.5% through 2026, respectively.

With respect to active ingredient, hydrogen peroxide segment currently holds 14% of North America disinfectants and cleaning agents market share and will continue to showcase an upward growth trajectory in the upcoming years. Whereas, caprylic acid segment is expected to record 6.5% CAGR over the projected timeline.

Considering the application spectrum, Commercial & institutional application segment is further divided into office spaces, commercial buildings, schools, hospitals & laboratories, and others. Of these, commercial buildings will witness an increased demand for disinfectants and cleaning agents, largely driven by growing awareness among consumers regarding health & safety.

North America disinfectants and cleaning agents market from offices segment will also record strong growth over the assessment period as offices are compelled to maintain cleanliness at workplace to ensure safety of employees from the rapidly spreading coronavirus.

Speaking of the competitive landscape, Henkel Corp., Diversey, Inc., The Clorox Company, Steris Corp., Metrex Research Corp., Cantel Medical Corp., Ecolab, Inc., Medline Industries, Inc., S. C. Johnson & Son, Inc., Reckitt Benckiser Group plc, Procter & Gamble Co., 3M Co., BASF SE, and Kao Corp. are the top contenders in North America disinfectants and cleaning agents market.

Questions & Answers: North America Disinfectants and Cleaning Agents Market

Q1: What are the major driving forces of North America disinfectants and cleaning agents market?

A: Proliferating Covid-19 cases, in tandem with rising awareness among consumers regarding hygiene and safety is bolstering the growth of North America disinfectants and cleaning agents market. Further, government rules and regulations regarding food safety is positively swaying the market dynamics.

Q2: Why is North America Disinfectants and Cleaning Agents Market from offices segment recording strong growth?

A: North America disinfectants and cleaning agents market from offices segment is recording strong growth, as offices are compelled to maintain cleanliness at workplace to ensure safety of employees from the rapidly spreading coronavirus.

Q3: Which companies hold an authoritative status in North America disinfectants and cleaning agents industry?

A: Major players impacting North America disinfectants and cleaning agents market dynamics are Henkel Corp., Diversey, Inc., The Clorox Company, Steris Corp., Metrex Research Corp., Cantel Medical Corp., Ecolab, Inc., Medline Industries, Inc., and S. C. Johnson & Son, Inc. among others. 

For More Details on this Report: https://www.marketstudyreport.com/reports/north-america-disinfectants-and-cleaning-agents-market

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