According to the research report titled ‘Impact of COVID-19 on Alcohol Disinfectants Market Size study, by Products (Propyl Alcohol, Methyl Alcohol, Ethyl Alcohol, and Isopropyl Alcohol), by Applications (Sanitizers, Clinical Devices, Clinical Surface, and Others) and Regional Forecasts 2020-2026‘, available with Market Study Report, despite the impact of COVID-19 on alcohol disinfectants market, overall valuation is expected to witness notable growth during 2020-2026.
 

Increasing awareness regarding importance of health and hygiene due to high prevalence of coronavirus is the key growth determinant, cited impact of COVID-19 on alcohol disinfectants market report. Initiatives by several chemical companies for expanding their production units across the globe in order to meet the amplifying demand for hand sanitizers and surface disinfectants, alongside relaxed setup constraints by governments in the light of pandemic will also contribute to the industry growth.
 

Moreover, intense competition due to scarcity of other active drugs is compelling various chemical firms to supply either finished goods or the ingredients used to produce hand sanitizers and surface disinfectants, hence creating lucrative growth prospects. For instance, BASF reported announced to allocate tons of isopropanol for producing hand sanitizer.

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As per impact of COVID-19 on alcohol disinfectants market report predictions, proliferating demand for domestic and industrial disinfectants will boost the industry remuneration in the ensuing years. Furthermore, extensive usage of disinfectants in paint industry in order to remove unnecessary microorganisms in paints as well as bolstering cosmetic sector are likely to impel the market share.
 

Based on product type, impact of COVID-19 on alcohol disinfectants industry study classifies the business landscape into isopropyl alcohol, methyl alcohol, ethyl alcohol, and N-propyl alcohol. With regards to application spectrum, the industry is bifurcated into clinical devices, clinical surfaces, hand sanitizers, and others.
 

From a regional point of view, worldwide alcohol disinfectants market is segmented into Europe, Asia Pacific, North America, Latin America, and rest of the world. Impact of COVID-19 on alcohol disinfectants industry in North America will be beneficial for the revenues over the forthcoming years, mainly due to high hygiene awareness and presence of major companies in the region.
 

Major players profiled in impact of COVID-19 on alcohol disinfectants market report include 3M Company, DuPont de Nemours Inc., BODE Chemie Gmbh, Reckitt Benckiser Group Plc., Ecolab Inc., Kao Corporation, Procter & Gamble Co., Vaportek Inc., and Johnson & Johnson Pvt. Ltd.