February 17, 2022
According to the research report titled ‘ASEAN Livestock Disinfectant Market By Livestock (Poultry, Swine, Ruminant, Aquaculture), By Product (Calcium Hypochlorite, Sodium Hypochlorite, Formaldehyde, Glutaraldehyde, Hydrogen Peroxide, Phenol, Iodine, Quaternary Ammonium Compounds, Polymeric Biguanides, Bisbiguanides), Industry Analysis Report, Country Outlook, Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2021 – 2025,’ available with MarketStudyReport, ASEAN livestock disinfectant market is expected to foresee commendable growth during the period 2021-2025.
Surging cases of livestock diseases, rising manifestation of pathogens infecting animal housing areas, and growing awareness about animal hygiene & health are determinants influencing the expansion of ASEAN livestock disinfectant market.
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For the unversed, a livestock disinfectant is a cleaning agent that is used to eliminate pathogens and germs from inanimate objects in animal farms to maintain the health and wellbeing of animals.
However, the highly corrosive nature of the product is predicted to hinder the development of the industry in the forthcoming years.
Concerning product type, the glutaraldehyde segment is anticipated to expand at 6.45% CAGR during the review period, ascribed to widespread product usage as biocide and disinfectant. Its application range include algaecide, bactericide, fungicide, and antimicrobial agent, making popular across various industries.
Based on livestock, the swine vertical of ASEAN livestock disinfectant industry is estimated to progress at 6.15% CAGR during the analysis period.
From a geographical point of view, Thailand market is poised to record a y-o-y growth rate of 6.25% during the assessment timeframe. Whereas Singapore market is likely to grow at 6% CAGR during the forecast period.
The companies enlisted in ASEAN livestock disinfectant market report are Neogen Corporation, Johnson & Johnson, Lanxess AG, DuPont de Nemours, Inc., The Clorox Company, Cantel Medical Corporation, Steris Corporation, Diversey Holdings Ltd., Ecolab, Inc., CarrollCLEAN, Reckitt Benckiser Group PLC, Metrex Research LLC, Procter & Gamble Company (P&G), Whiteley Corporation, and 3M Company among others.