Surface Disinfectant Market Size, Competitive Landscape and Market Forecast - 2030
Surface Disinfectant Market is segmented By Product Type (Quaternary Ammonium Compounds, Peracetic Acid, Hydrogen Peroxide, Phenol, Alcohol, Sodium Hypochlorite, Hypochlorite, Others), By Formulation (Wipes, Sprays, Liquids), By End-User (Hospitals & Clinics, Outpatient Surgical Centres, Restaurants & Food Chains, Households, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029
Market Overview
The global surface disinfectants market reached US$ XX million in 2022 and is projected to witness lucrative growth by reaching up to US$ XX million by 2030. The market is growing at a CAGR of 8.7% during the forecast period (2023-2030).
Disinfectants are chemicals applied to surfaces, including floors, tiles, bathrooms, furniture and equipment, to kill bacteria and prevent spreading of infectious diseases. Surface disinfectants stop bacteria and other microbes from growing on surfaces. Disinfectants are crucial in the prevention of infection. The market for surface disinfectants is expanding quickly as the prevalence of infectious diseases increases globally.
Market Scope
|
Metrics |
Details |
|
CAGR |
8.7% |
|
Size Available for Years |
2021-2030 |
|
Forecast Period |
2023-2030 |
|
Data Availability |
Value (US$) |
|
Segments Covered |
Product, Formulation, End-User and Region |
|
Regions Covered |
North America, Europe, Asia-Pacific, South America and Middle East & Africa |
|
Fastest Growing Region |
Asia-Pacific |
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Largest Region |
North America |
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Report Insights Covered |
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, Porter’s Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis and Other key Insights. |
Market Dynamics
The growing awareness of infections
The growth is due to several factors, including changes in emerging nations' lifestyles, an increase in livestock farmers' awareness of animal diseases and increased demand for disinfectants for use in livestock farms. On the other hand, a rise in the need for cleaning supplies, sanitizers and disinfectants is projected to fuel market expansion. Petroleum byproducts make up most of the raw materials used in producing surface disinfectants.
The rising concerns about hospital-acquired diseases
The demand for surface disinfectants is rising as hospital-acquired infections (HAIs) become more common. Patients develop hospital-acquired infections throughout their hospitalization, but they are not identified at the time of admission. Infections by intrusive devices and medical equipment include pneumonia connected to ventilators, catheter-associated infections and more. The prevalence of (HAIs) has significantly decreased due to the regular use of these disinfectants in healthcare facilities. Demand would rise due to the government's demands that healthcare facilities prioritize cleaning, acting as a market driver.
Segment Analysis
The global polyisobutylene market is segmented based on product, formulation, end-user and region.
The rising surgical processes drive the growth of the hypochlorite segment
Due to factors like the rise in surgical operations, a rise in hospital-acquired infections and product launches, the hypochlorite segment is anticipated to account for a sizeable portion of the market. Hypochlorite is present in liquid or solid form. Several public health organizations advise using sodium hypochlorite for surface disinfection, which is also anticipated to fuel the market's expansion.
Source: DataM Intelligence Analysis (2023)
Geographical Penetration
The rising chronic diseases in North America
The market for surface disinfectants is predicted to be dominated by North America because of the rising incidence of chronic illnesses, surgeries and initiatives by government agencies and market participants. The COVID-19 outbreak has significantly boosted the need for surface disinfectants. For instance, the Environmental Protection Agency (EPA) of U.S. published an enlarged list of EPA-registered disinfection products that have met the requirements for use against SARS-CoV-2 in March 2020. This list included around 200 extra products and 40 new products.
Source: DataM Intelligence Analysis (2023)
Competitive Landscape
The major global players include Procter & Gamble, Reckitt Benckiser Group plc., Carroll Company, Cantel Medical Corporation, UPS Hygiene Pvt. Ltd., Metrex Research, LLC., STERIS plc., Whiteley Corporation, PURE Bioscience, Inc. and Henkel AG.
COVID-19 Impact Analysis
By Product
- Quaternary Ammonium Compounds (QACs)
- Peracetic Acid
- Hydrogen Peroxide
- Phenol
- Alcohol
- Sodium Hypochlorite
- Hypochlorite
- Others
By Formulation
- Wipes
- Sprays
- Liquids
By End-User
- Hospitals & Clinics
- Outpatient Surgical Centres
- Restaurants & Food Chains
- Households
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Russia
- Rest of Europe
- South America
- Brazil
- Argentina
- Rest of South America
- Asia-Pacific
- China
- India
- Japan
- Australia
- Rest of Asia-Pacific
- Middle East and Africa
Key Developments
- P&G announced the introduction of Microban 24, a new line of antibacterial household sanitizing solutions, in February 2020. Microban 24 kills 99.9% of bacteria on touch and continues to function all day. Even if the surface is touched or interacted with repeatedly for 24 hours, Microban 24's protective shield eliminates bacteria.
- 3M Company purchased Acelity, Inc. in October 2019. This acquisition aided the business in expanding its global market and product line in wound care.
- To create a solid reputation for quality and customer service while giving consumers more opportunities, CarroLLClean bought Tomco-Harwel Industries Inc in September 2019.
The global surface disinfectants market report would provide approximately 61 tables, 64 figures and 200 pages
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Frequently Asked Questions
What is the Surface Disinfectant Market growth?
The market is growing at a CAGR of 5.0%.
What is the Surface Disinfectant Market size in 2021?
The Market size was valued at USD YY million in 2021.
Who are the key players in the Surface Disinfectant Market?
Procter & Gamble, Reckitt Benckiser Group plc., Carroll Company, Cantel Medical, UPS Hygiene Pvt. Ltd., Metrex Research, LLC., STERIS plc., Whiteley Corporation, PURE Bioscience, Inc., Henkel AG & Co. KGaA are among the few critical manufacturers in the surface disinfectant market.