Surface Disinfectant Market

SKU: DMCH398 | Last Updated On: Nov 11 2022 | Available Formats

>Surface Disinfectant Market Expected to reach a high CAGR 7.7% By 2029: DataM Intelligence

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

[150 Pages Report] The Global Surface Disinfectant Market is expected to grow at a CAGR of 7.7% during the forecasting period (2022-2029).

Surface Disinfectant Market - Strategic Insights

Metrics

Details

Market CAGR

7.7%

Segments Covered

By Product Type, By Formulation, and By Region

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, and Other vital insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

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  • Disinfectants are those chemical substances that are used to prevent infectious diseases and kill microorganisms by applying them on surfaces such as floors, tiles, washrooms, furniture, and instrument.

Industry Dynamics

  • As there is a high vulnerability of infectious diseases among patients and staff members of clinics, hospitals, and ambulatory surgical, proper cleanliness should always be maintained which eventually raises the demand for disinfectant products in the market.

  • Globally, booming awareness about the use of surface disinfectants and hygiene and cleanliness are expected to be the driving factors of the surface disinfectant which may fuel the demand over the forecast period.

  • Surface disinfectant chemicals are not only used for preventing the growth of any microorganisms which can contaminate the whole system but also to mitigate any kinds of problems to improve the efficiency and productivity of the manufacturing processes.

  • Therefore, the growing pharmaceutical sector is expected to uplift the growth of the surface disinfectant chemicals market during the forecast period.

  • However, side effects due to the toxic components in disinfectants and stringent regulations that need to follow for approval of disinfectants are specific restrictive factors for the market growth across the globe.

Segmentation

  • The global surface disinfectant market includes Quaternary Ammonium Compounds (QACs), Peracetic Acid, Hydrogen Peroxide, Phenol, Alcohol, and Sodium Hypochlorite of which, in 2017, Quaternary Ammonium Compounds dominated the market regarding revenue contribution and is further expected to remain dominant during the forecast period. Currently, This segment radiates high attractiveness and is likely to dominate the global surface disinfectant chemicals market throughout the forecast period.

  • By Formulation, the global surface disinfectant market is segmented into liquids, sprays, and wipes. Among all, Liquid disinfectants account for the most significant share of the worldwide market and are expected to be the fastest-growing segment over the forecast period.

  • Therefore, the increasing demand for Liquid disinfectants is one of the key driving factors for the global surface disinfectant market. In the end user, the surface disinfectants market is segmented into Hospitals & Clinics, Outpatient Surgical Centres, Restaurants & Food Chains, Households, and Others.

  • Among all, the Hospitals & Clinics segment holds the most significant share of the market. These segments have been analyzed based on present and future trends.

Market Geographical Share

  • Global Surface Disinfectant Market is segmented based on geographies such as North America, South America, Europe, Asia-Pacific, and the Rest of the World.

  • Globally, North America holds the highest market share and is expected to retain its position over the forecast period. Owing to high standards of living have driven home cleanliness and other hygienic habits in consumers. Government initiatives and enforcement regarding public health and hygiene have also driven market growth in this region.

  • However, Asia-Pacific is expected to witness the fastest growth for the surface disinfectant market owing to the increasing population along with increasing government expenditure on public health and cleanliness, raising awareness amongst people, and rising disposable income in major developing economies such as India and China.

Manufacturers

  • 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.

  • The market is fragmented with a more significant number of local and international players. However, selected critical multinational players are holding a notable share of the global surface disinfectant market.

FAQ

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.

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