The increasing need for the adoption of air pollution control equipment, especially in developing regions is also contributing to the growth of UV disinfectant market.
According to the latest Arizton's market research report, the UV disinfection equipment market size to reach USD 5.2 billion by 2025, growing at a CAGR of approximately 25% during the forecast period.
UV Disinfectant Market Growth Analysis
The UV air purifiers are designed to use short-wave ultraviolet light (UV-C light) to inactivate airborne pathogens and microorganisms such as mold, bacteria, and viruses. The increasing need for the adoption of air pollution control equipment, especially in developing regions is also contributing to the growth of UV disinfectant market. Increasing demand for safe and clean drinking water, owing to the growing population and limited number of freshwater resources are some of the factors that are expected to boost the growth of the global UV disinfectant market by 2025. The increasing growth of healthcare and chemical industries are anticipated to provide strong growth opportunities to the UV disinfectant market during the forecast period.
Read: Air Purifier Market - Global Outlook and Forecast 2020-2025
What’s Trending in the Market?
- Over the past few years, several research activities have focused majorly on the development of UVC-LEDs for germicidal applications and the market interest towards such applications is driving more investments towards research to improve the performance of UVC-LEDs.
- For conventional low-pressure lamps, a reasonable and economical replacement interval is 8,000 hours, which relates to about a year of constant operation. Most of the advanced UV lamps are rated at 10,000 hours, or slightly longer than one year.
- CleanSlate UV, Toronto based UV technology company, has recently received funding of USD 2 million to make devices that sanitize items with UV light.
- Market Size & Forecast by Revenue | 2019−2025
- Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
- Segmentation – A detailed analysis by application, power rating, end-users, and geography
- Competitive Landscape – 5 Key Company Profiles and 28 Other Prominent Vendors
Is North America Leading the UV Disinfectant Market?
In 2019, North America accounted for the major share in the global UV disinfectant market, owing to rising concerns regarding environment and health impacts of disinfection, chemical, and biological contaminants as by-products in wastewater and supply water. In January 2020, the COVID-19 pandemic cases were confirmed in North America. The virus spread rapidly in the US due to the lack of hygiene consciousness among the population which in turn, is fueling the growth of the UV disinfectant market in the region. The government authorities have also become conscious, which is increasing the installation of various UV disinfection equipment for both water and air disinfection at several places.
Read: Germicidal Lamp Market - Global Outlook and Forecast 2020-2025
What are the Strategies Adopted by the Players in the UV Disinfectant Market?
One of the key strategies implemented by the UV disinfectant market players is the introduction of differentiated products and solutions for different application segments. The global UV disinfectant market is primarily being driven by the growing demand for ultra-pure water and natural methods for air, water, and waste purification. Furthermore, widespread product adoption by the healthcare industry is acting as another major growth factor. The major manufacturers of UV disinfection equipment mainly distribute the products in the US and the European Union. In the US, transnational companies, such as Atlantic Ultraviolet and Calgon Carbon are taking a leading share in this market.
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