Press Release Description
UV Disinfectant Market to Witness Significant Growth as the Demand Surges for Contamination-Free Production
The Global UV Disinfectant Market is projected to grow at a CAGR of 12.7% during the forecast period of 2023-28, cites MarkNtel Advisors in the recent research report. The mounting demand for contamination-free products across the chemical, water treatment, pharmaceutical, and food & beverage industries is the most prominent driver for the UV Disinfectant Market. A large number of companies are increasingly integrating these systems into different applications within their manufacturing facilities to ensure product sterility, prevent contamination throughout the production cycle, and avoid non-compliance penalties.
Moreover, stringent regulations, such as Good Manufacturing Practice (GMP) and Good Laboratory Practice (GLP) enforced by organizations like the FDA & PMDA, which require pharmaceutical firms to produce high-quality & contamination-free drugs, are further accelerating the use of UV disinfection systems in the healthcare sector and, in turn, supporting market growth, further states the research report, “Global UV Disinfectant Market Analysis, 2023.”
UV Lamps Hold a Significant Share of the UV Disinfectant Market
The powerful germicidal properties and versatile applications of UV lamps in industries like healthcare, food processing, & water treatment, coupled with the appeal of chemical-free & residue-free disinfection, are the prime aspects driving their demand in the global market. Companies like Aquisence, Xylem, etc., are actively working on bringing advanced products to cater to the growing end-user needs for UV lamps and widen their reach, which, in turn, is creating new avenues for the global UV Disinfectant Market to expand notably in the coming years.
Asia Pacific to Witness Rapidly Growing Demand for UV Disinfection Systems
Asia-Pacific is projected to become a promising market for UV disinfection systems, particularly across municipal & commercial sectors, i.e., backed by the ever-increasing demand for safe drinking water owing to the rising population levels. Significant investments are being made by countries like India, China, & the Philippines in large-scale water recycling facilities to address water-related difficulties, which, in turn, are creating the demand for UV disinfection systems across the region. Additionally, the expansion of region’s industrial sector is another crucial aspect pushing the demand for these systems to ensure seamless access to clean & quality water, thereby fueling the Asia-Pacific UV Disinfectant Market growth.
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market players, including (Xylem, Halma PLC, Atlantic Ultraviolet, Advanced UV, American Ultraviolet, Hoenele UV technology, Xenex, Hitech Utlraviolet, Ultra Aqua, Uv Pure, Lumalier) are looking forward to strengthening their market position.
Key Questions Answered in the Research Report
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends that have shaped the industry to its current form?
- What key factors would propel and impede the industry across the region?
- How has the industry been evolving in terms of geography & product adoption?
- How has the competition shaped across various regions, followed by their comparative factorial indexing?
- How have buying behavior, customer inclination, and expectations from product manufacturers evolved during 2018-28?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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