The global ASEAN Livestock Disinfectant market size was valued at USD 3.10 Billion in 2020 and is forecast to exceed USD 5.93 billion in terms of value, delivering a CAGR of 7.0% over 2021-2028, according to a recent analysis by Reports and Data. The increasing prevalence of infectious diseases in farm animals and associated efforts by farm owners to maintain hygiene practices on the farms are expected to drive the global ASEAN Livestock Disinfectant market growth.
A significant rise in dairy cattle and beef rearing activities is prompting meat producers to invest in disinfectant products for maintaining housing hygiene, which in turn will boost the ASEAN Livestock Disinfectant market expansion through 2028
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Market Dynamics
The global chemicals and materials have a wide range of application areas such as crop protection, animal nutrition, dietary supplements, preservatives, flame retardants, surface ingredients, active pharmaceutical ingredients, and matting agents among others. Population explosion along with rapid economic growth is expected to propel market growth. Moreover, the growing urbanization, rapid industrialization and high investment in infrastructure development create market demand over the forecast period.
Leading Market Competitors: Neogen Corporation (US), GEA Group (Germany), Zoetis Inc. (US), Lanxees AG (Germany), Kersia Group (France), Virox Animal Health (US), CID Lines (Belgium), Theseo Group (France), Evans Vanodine (UK), Krka (Slovenia), Diversey Inc. (US), Evonik Industries (Germany), DeLaval Inc. (Sweden), Fink-Tec GmbH (Germany), and Laboratoire M2 (Canada), among others.
Global ASEAN Livestock Disinfectant Market Segmentation:
Type Outlook (Revenue, USD Billion, 2018 - 2028)
Iodine
Lactic acid
Hydrogen peroxide
Phenolic acids
Peracetic acid
Quaternary compounds
Chlorine
Chlorine dioxide
Chlorohexidine
Glut-quat mixes
Glycolic acid
Others (Alcohols, alkalis, glycerol, and aldehydes)
Form Outlook: (Revenue, USD Billion, 2018 - 2028)
Powder
Liquid
Application Outlook: (Revenue, USD Billion, 2018 - 2028)
Swine
Poultry
Equine
Dairy & ruminant
Dairy cleaning
Aquaculture
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