Isopropyl Alcohol Disinfectant Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Sterile Gamma-Irradiated IPA, and Non-Sterile IPA); End Use (Healthcare, Research Laboratories, Food and Beverages, and Others), and Geography
Isopropyl Alcohol exhibits excellent solvency characteristics and is therefore and so it is recognized as one of the key solvents across industries. Alcohol-based disinfectants are antimicrobial agents added to a surface to destroy microorganisms and provide a sterile atmosphere, the concentrated solution of isopropyl alcohol used for sanitation. Isopropyl alcohol-based disinfectants are made up of 60-90% alcohol and 10-30% distilled water. For cleansing and moisturizing purposes, Isopropyl alcohol-based disinfectants are added to glycerin soaps. Isopropyl alcohol-based disinfectants are used in aerosol sprays for coverage and adhesion on rough surfaces such as counter-tops, showers, and toilets. Isopropyl Alcohol is a superb disinfectant as it evaporates rapidly and leaves no traces. Alcohols can also dissolve liquids, making them effective against viral cells that are covered in liquid. Also, they are low-cost and easy to use. Because of the increase in hospital-acquired infections, nearly all hospitals now use alcohol-based disinfectants in any operation.
The "Global Isopropyl Alcohol Disinfectant Market Analysis to 2028" is a specialized and in-depth study of the pharmaceutical industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Isopropyl alcohol disinfectant market with detailed market segmentation by type, end use, and geography. The report provides key statistics on the market status of the leading Isopropyl alcohol disinfectant market players and offers key trends and opportunities in the market.
- Based on type, the global Isopropyl alcohol disinfectant market is segmented into sterile gamma-irradiated ipa, and non-sterile ipa.
- On the basis of end use, the market is segmented into healthcare, research laboratories, food and beverages, and others.
MARKET DYNAMICS Drivers:
- Rise in the cases of infectious diseases.
- Rise in the demand for Isopropyl Alcohol for sanitizer products.
- Growth in the usage of Isopropyl Alcohol as cleaning agents.
- Increasing awareness about hygiene.
- The nonalcoholic disinfectants have started substituting the conventional alcohol-based disinfectants and also cheaper than alcohol based disinfectants which is the major restraining factor for this market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Isopropyl alcohol disinfectant market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
BThe report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Isopropyl alcohol disinfectant market in these regions.
IMPACT OF COVID-19 ON ISOPROPYL ALCOHOL DISINFECTANT MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
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The report covers key developments in the Isopropyl alcohol disinfectant market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Isopropyl alcohol disinfectant market are anticipated to lucrative growth opportunities in the future with the rising demand for Isopropyl alcohol disinfectant in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Isopropyl alcohol disinfectant market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.