Surface disinfectants are chemical agents designed to inactivate or destroy microorganisms on inert surfaces. They work by destroying the cell wall of microbes or interfering with their metabolism. Surface disinfectants have rapid action in a broad antimicrobial spectrum, efficacy in the presence of protein or blood, low toxicity, user safety, and material compatibility.
In its latest publication on the surface disinfectants market, Meticulous Research®, states that the global surface disinfectants market is expected to grow at a CAGR of 7.8% from 2022 to 2029 to reach $9.52 billion.
This market is driven by the rising awareness about sanitization, health, & safety; the growing prevalence of chronic illness; increasing number of surgeries in healthcare facilities; growing number of health clubs & gyms; growing tourism industry; and the recent outbreak of infectious disease. Furthermore, the introduction of innovative disinfectant products and emerging economies is expected to provide the industry with significant potential prospects. However, the lack of knowledge to use standard disinfection practices by end-users may hinder this market’s growth. Also, the availability of alternative products and technologies and environmental and health hazards associated with disinfectants poses a major challenge for the growth of this market.
To provide efficient analysis, Meticulous Research® has segmented this market based on composition, formulation, application, end user, and geography. The study also evaluates industry competitors and analyzes the market at the country level.
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In 2022, based on composition, the chlorine compound segment is estimated to account for the largest share of the market. The large market share of this segment is attributed to the increasing use of chlorine-based disinfectants in hospitals and clinics owing to their high efficiency in killing a wide range of microorganisms and preventing the spread of HAIs.
In 2022, based on formulation, the liquids segment is estimated to account for the largest share of the overall market. The large market share of this segment is attributed to the great demand for liquid disinfectants by various end-users, including pharmaceutical and biotechnology companies, for use in routine disinfection.
In 2022, based on application, the in-house surface disinfection segment is estimated to account for the largest share of the overall market. The large market share of this segment is attributed to the higher usage of surface disinfectants for in-house surface disinfection compared to instrument disinfection.
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In 2022, based on end user, the healthcare entities segment is estimated to account for the largest share of the market. The large market share of this segment is attributed to rising overall healthcare expenditure, rising awareness regarding the cleaning & disinfection processes, and routine usage of surface disinfectants in healthcare settings.
In 2022, North America dominated the surface disinfectants market, followed by Europe and Asia-Pacific. The rising prevalence of HAIs, well-established healthcare infrastructure, the largest consumer market in the region, and the presence of key market players are driving the growth of the surface disinfectants market in this region.
Key Players:
The report provides competitive intelligence in terms of financials, growth strategies, composition, formulation, application, end user, and geographical presence on some of the key players in this market, including 3M Company (U.S.), Steris plc (Ireland), CarrollCLEAN (U.S.), GOJO Industries, Inc. (U.S.), The Clorox Company (U.S.), Metrex Research LLC. (U.S.), Diversey Holdings, Ltd. (U.S.), Ecolab Inc. (U.S.), S.C. Johnson & Son Inc. (U.S.), The Procter & Gamble Company (U.S.), Reckitt Benckiser Group PLC (U.K.), Tristel Plc (U.K.), BASF SE (Germany), and Paul Hartmann AG (Germany).
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Key questions answered in the report-
- Which are the high-growth market segments in terms of composition, form, application, end user, and region/countries?
- What was the historical market for surface disinfectant across the globe?
- What are the market forecasts and estimates for the period 2022–2029?
- What are the major drivers, restraints, opportunities, and challenges in the global surface disinfectant market?
- Who are the major players in the surface disinfectant market?
- How is the competitive landscape, and who are the market leaders in the global surface disinfectant market?
- What are the recent developments in the global surface disinfectants market?
- What are the different strategies adopted by the major players in the global surface disinfectant market?
- What are the geographical trends and high growth regions/countries?
Author:
Mr. Khushal Bombe
Meticulous Market Research Inc.
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