Author: Vikas Kumar
11 April 2023
The Surface Disinfectant Market is expected to grow at a strong CAGR of around 8% during the forecast period owing to a rise in the number of healthcare-associated infections. The surface disinfectant market is highly competitive, with a large number of players ranging from small local manufacturers to multinational corporations. Key players in the market include companies like Procter & Gamble, 3M Company, Reckitt Benckiser Group plc, and The Clorox Company. The market is also subject to various regulations and standards related to product safety and efficacy, including those from organizations such as the Environmental Protection Agency (EPA), the Food and Drug Administration (FDA), and the Centers for Disease Control and Prevention (CDC). As such, companies operating in the Surface Disinfectant market must adhere to these regulations and standards to ensure the safety and effectiveness of their products. The market for surface disinfectants is driven by several factors, including an increasing awareness of the importance of hygiene and sanitation in preventing the spread of infectious diseases, a rise in the number of healthcare-associated infections, and the growing demand for effective disinfectants in industries such as food and beverage, hospitality, and residential.
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Based on the composition, the market is segmented into alcohols, chlorine compounds, quaternary ammonium compounds, and others. Amongst these, the alcohols segment held the major share of the market in 2020. The market dominance of alcohols segment is due to the fact that chemical disinfectants play an important role in many industries, including healthcare and food service, where their effectiveness against a broad range of pathogens is highly valued.
By type, the market is divided into liquids, wipes, and sprays. Among these, liquids are expected to grow with a strong CAGR during the forecasted period, as they are often used in larger-scale disinfection applications and can be more cost-effective than wipes. Sprays and liquids are also useful for disinfecting surfaces that are harder to reach or that require a more thorough cleaning.
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For a better understanding of the market adoption of the telecom billing software industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, and the Rest of North America), Europe (Germany, U.K., France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. APAC is expected to grow at a substantial CAGR during the forecast period. Asia-Pacific, which is home to some of the world’s largest and fastest-growing economies, including China and India. The Asia-Pacific region is expected to see strong growth in demand for surface disinfectants due to factors such as increasing awareness of the importance of hygiene, rising healthcare expenditures, and the growth of the food and beverage industry.
Some of the major players operating in the market are Reckitt Benckiser Group plc, Ecolab, The 3M Company, Procter & Gamble, BASF SE, PDI, Inc., Evonik Industries AG, Kimberley-Clark Corporation (KCWW), GOJO Industries, Inc., and Lonza.
Global Surface disinfectant Market Segmentation
Market Insight, by Composition
Market Insights, by Type
Market Insights, by Application
Market Insights, by End-User
Market Insight, by Region
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