According to a recently published Fact.MR report, sales of fuel storage containers market are estimated to exceed 79,300 thousand tons in 2019. The fuel storage containers industry has been significantly influenced by the pervasive developments in trade, wherein profound economies - ensued from ‘gigantism’ in ship sizes - play a vital role. Economies of scale, in combination with the intens...
As the COVID-19 crisis continues to affect every sector around the globe, some industry verticals are anticipated to benefit immensely from this. These industries have experienced a significant increase in demand trends. Owing to the skyrocketing increase in demand for sanitizers, wipes and other disinfectant products, companies dealing in the raw materials for these products have also experienced tremendous growth. Arkema, BASF, Dow, Huntsman along with numerous players have increased production capacities and are observed to incorporate forward integration strategies to spur sales.
For detailed insights on enhancing your product footprint, request for a sample here – https://www.factmr.com/connectus/sample?flag=S&rep_id=4701
Since global demand supply chain of disinfectant chemicals has been mildly impacted, this would pave way for entry of a number of regional players, reveals Fact.MR.
Key takeaways of Global Sterilant and Disinfectant Chemicals Market
- Global sterilant and disinfectant chemicals market is anticipated to create a value opportunity of around US$ 4.7 Bn during the forecast period, adding 1.8X times more value as compared to 2020
- Amongst all chemical compositions, alcohol and chlorine compounds have collectively accounted for ~50% of the demand pie in 2020
- Surface disinfectants are the fastest-growing application with a CAGR of 7.7% and are set to gain 462 BPS over 2020-2030
- Intermediate level disinfectants have claimed over 40% of the market share in 2020 and are estimated to touch the mark of US$ 4.3 Bn by the end of 2030
- North America will continue its reign in the market with East Asia and South Asia & Oceania to register 8.0% and 7.3% CAGRs respectively
For critical insights on this market, request for methodology here – https://www.factmr.com/connectus/sample?flag=RM&rep_id=4701
Sterilant and Disinfectant Chemicals Market Segmentation
Fact.MR has studied the sterilant and disinfectant chemicals market with detailed segmentation on the basis of type, application, activity, and key regions.
- Peracetic Acid
- Hydrogen Peroxide
- Quaternary Ammonium Compounds
- Water disinfectants
- Air disinfectants
- Surface disinfectants
For in-depth competitive analysis, buy now – https://www.factmr.com/checkout/4701
Forward Integration and Capacity Expansion to Remain Market Imperatives, In Response to COVID-19 Crisis
For handling the global crisis i.e. COVID-19, disinfectant chemical companies have stepped up to ensure that there is no huge disinfectant demand-supply gap. BASF, Arkema, Dow, Huntsman and many other regional players have risen to the occasion to ensure a well-balanced demand-supply chain throughout. Capacity expansions, donations and targeted chemical offerings are some of the major highlights of this salvage. In addition, the companies dealing in disinfectant chemicals are also penetrating into the finished product galaxy through forward integration. Such initiatives would increase the competition amongst raw material and finished product manufacturers, aiding the overall market growth.
Read More Trending and Similar Reports from Fact.MR – https://www.globenewswire.com/en/news-release/2020/03/31/2009290/0/en/Controlled-Release-Fertilizers-Sales-Invigorated-by-Improved-Crop-Efficiency-Polymer-Coated-NPK-Fertilizers-Significant-Contributors-Says-a-New-Fact-MR-Study.html
Explore Fact.MR’s Comprehensive Coverage on Chemical & Materials Landscape
Corrugated Fish Box Market Forecast, Trend Analysis & Competition Tracking – Global Review 2021 to 2031- https://www.factmr.com/report/976/corrugated-fish-box-market
Antiblock Agents Market Forecast, Trend Analysis & Competition Tracking – Global Review 2021 to 2031- https://www.factmr.com/report/1068/antiblock-agents-market
Chloroacetonitrile Market Forecast, Trend Analysis & Competition Tracking – Global Review 2021 to 2031- https://www.factmr.com/report/1070/chloroacetonitrile-market
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
US Sales Office:
11140 Rockville Pike
Rockville, MD 20852
Tel: +1 (628) 251-1583