What is a Surface Disinfectant?
The surface disinfectant market is a chemical compound used to kill or inactivate microorganisms, usually on a solid surface.
What is the Surface Disinfectant Market?
The global surface disinfectant market was valued at USD 1.26 billion in 2021, growing at a CAGR of 8.62% during the forecast period from 2022 to 2027 to reach USD 2.06 billion by 2027. The surface disinfectant market is witnessing positive growth owing to various factors such as the stringent regulations for the use of surface disinfectant markets specifically after the onset of pandemic, the rising prevalence of hospitals acquired infections, the rising awareness about sanitization, health, and safety, and increasing number of hospital admissions and surgeries owing to the increasing patient pool suffering from chronic diseases, across the globe. Further, the increasing regulatory approvals and launches of the advanced surface disinfectant products will further increase the overall growth of the surface disinfectant market in the given forecast period. Therefore, the market for surface disinfectant market is estimated to grow at a significant CAGR during the forecast period from 2022 to 2027.
For more information on the market report @ Surface Disinfectant Market Size
What are the drivers for the Surface Disinfectant market?
The surface disinfectant market is witnessing a positive market growth owing to the factors such as the increasing prevalence of hospital acquired infections, rising number of hospital admissions and surgeries due to the increasing number of patient pool suffering from chronic disorder, and the increasing product developmental and regulatory activities pertaining to the surface disinfectant markets. Additionally, the stringent regulations for the use of surface disinfectant markets specifically after the onset of pandemic will also propel the demand of surface disinfectant market in the upcoming years.
COVID-19 Impact on the Surface Disinfectant Market
The COVID-19 pandemic have positively impacted the market for surface disinfectant market as the demand of the surface disinfectant markets increased in order to stop the spread of coronavirus infection. At initial stage, the market suffered downfall as the raw materials and other supplies was halted due to the imposition of the lockdown. However, with the increasing demand of surface disinfectant markets in order to curb the transmission of the infection, the market of the surface disinfectant market increased exponentially. Owing to the increasing demand of the product, the key players in the market increased the manufacturing of the product. Additionally, almost every disinfectant and sanitization products were classified under emergency products during the pandemic. Moreover, the demand of the surface disinfectant market increased owing to the increasing hospital admission of the patients suffering from coronavirus increased. Thus, all the above factors were responsible to spur the demand of the surface disinfectant markets during the pandemic and is anticipated to do the same during the forecast period of 2022 – 2027.
Who are the Surface Disinfectant Market Companies?
Some of the key market players operating in the surface disinfectant market include 3M, STERIS plc., Ecolab, Procter & Gamble, Metrex Research, LLC., ACURO ORGANICS LIMITED, Medline Industries, LP., Evonik Corporation, Sanosil LTD, The Clorox Company, SC Johnson Professional USA, Inc., PAUL HARTMANN AG, PDI EMEA Ltd., GOJO Industries, Inc., Spartan Chemical Company, Inc., Healthium Medtech Limited, Lonza., Whiteley, BASF SE, KIMBERLY-CLARK CORPORATION, and others.
Which region has the highest Surface Disinfectant Market Share?
North America is expected to dominate the global surface disinfectant market. Factors such as the rising prevalence of hospitals acquired infections and increasing number of hospital admissions and surgeries owing to the increasing patient pool across the globe, and others are contributing to the growth of the surface disinfectant market in the North America region.
What is the Surface Disinfectant Market Dynamics?
One of the main driver for the surface disinfectant market is the increasing prevalence of hospital acquired infections globally. For instance, according to World Health Organization (WHO) 2022, it was estimated that hundreds of millions of people every year are affected by health care-associated infections (HAIs) across the globe, many of which are completely avoidable. As per the same source, it was reported that out of every 100 patients, 7 in developed and 15 in developing countries sufferes from hospital acquired infections. WHO also concluded that globally, 1 in every 10 affected patients dies of the hospital acquired infection. The increasing prevalence and mortality rate from the infection can be controlled by following proper protection and safety measures such as maintaining proper hand hygiene, wearing mask, gloves, disinfecting the area subjected to contamination, and following proper sterilization and disinfection of all the equipment used in the hospitals, owing to increase the demand of surface disinfectant markets.
To know more about the report, just click here- Surface Disinfectant Market Forecast
What is the Surface Disinfectant Market Segment Analysis?
Surface disinfectant market by Composition (Alcohols, Chlorine, Quaternary Ammonium Compounds, Aldehydes, and Others), Type (Liquid, Wipes, and Sprays), End-User (Hospitals and Clinics, Surgical Centers, and Others), and Geography (North America, Europe, Asia-Pacific, and Rest of the World). In the type segment of the surface disinfectant market, the wipes is expected to have a significant revenue share in the year 2021. This was primarily owing to the various advantages associated with the segment, and the rising number of product launches, across the globe. Moreover, the increasing cases of covid-19 infection increased the demand of the surface disinfectant market wipes.
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