The overall size of the disinfectant market maintains a growth trend and industry concentration is low

Disinfectant refers to a preparation used to kill pathogenic microorganisms on the transmission medium and make it harmless. It usually has the characteristics of good stability, strong bactericidal ability, no residue, fast action, and low irritation. There are various types of disinfectants, which can be divided into low-efficiency disinfectants, medium-efficiency disinfectants and high-efficiency disinfectants according to different sterilization degrees. According to different chemical compositions, they can be divided into aldehyde disinfectants, chlorine-containing disinfectants, peroxide disinfectants, Ammonium salt disinfectant, etc.

The upstream of the disinfectant industry chain is the supply of chemical raw materials and production equipment such as ethanol, chlorine dioxide, and sodium hypochlorite; the midstream is the production of various subdivided products; the downstream is widely used in household, medical, agriculture, industry, breeding and other fields. Among them, the medical field is the main application market for disinfectants, accounting for nearly 40%, the aquaculture industry accounts for about 16%, and the industrial field accounts for about 15%.

According to the “China Disinfectant Industry Operation Data Monitoring and Development Prospects Analysis Report 2023-2027” released by the Industrial Research Center, As my country’s economic development level continues to improve, the state’s investment in medical and health services continues to increase, the domestic medical and health service system continues to improve, the number of medical institutions continues to grow, and disinfectants have a broad consumer market. According to data released by the National Bureau of Statistics, there were 1.033 million medical and health institutions in the country at the end of 2022, an increase of 2,100 compared with 2021.

Under the influence of the epidemic, national health awareness continues to increase, the emphasis on personal protection continues to increase, health expenditures continue to increase, and the demand for disinfection in areas such as public environment disinfection and sanitation personnel protection continues to grow. In recent years, the overall size of my country’s disinfectant market has maintained growth trend, the industry has good development prospects. In 2019, my country’s disinfectant market size was approximately 12 billion yuan, and in 2022, the market size was approximately 23 billion yuan, with a compound annual growth rate of more than 24% from 2019 to 2022. Affected by rising raw material prices and rising labor costs, the average market price of disinfectants has generally shown an upward trend in recent years, rising from about 7,000 tons in 2015 to about 10,000 tons in 2022.

From the perspective of import and export trade, with the continuous development of my country’s disinfectant industry, the continuous expansion of production scale, and the continuous improvement of production technology and production efficiency, my country has become a major exporter of disinfectant, and the quantity of product exports is much greater than the quantity of imports. In 2022, my country’s disinfectant import volume will be approximately 30,000 tons, with an import value of approximately 1.3 billion yuan, and export volume will be approximately 160,000 tons, with an export value of approximately 2.8 billion yuan.

Industry analysts said that due to the low entry barriers to the industry and driven by market dividends, the number of disinfectant production companies continues to increase. The industry concentration is low. In order to expand their competitive advantages, some small and medium-sized enterprises adopt low-price competition strategies, making market competition more intense. At present, domestic disinfectant manufacturers mainly include Sanyou Chemical, Zhongtai Chemical, Taihe Technology, Binhua Co., Ltd., etc. As competition in the industry continues to intensify, production technology continues to advance, and national environmental awareness continues to increase, disinfectant manufacturers need to continuously develop new technologies and materials to improve product safety and environmental protection and enhance their core competitiveness.