The global surface disinfectants market was valued at USD 2.7 billion in 2021 and it is anticipated to grow up to USD 6.5 billion by 2031, at a CAGR of 9.2% during the forecast period.
New York, According to a new market research report published by Global Insight Services “Surface Disinfectants Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Surface disinfectants are substances that inhibit the growth of microorganisms, such as bacteria, present on the surface. They also play an important role to prevent infection. As the rate of infectious diseases increases globally, the market for surface disinfectants grows rapidly. They help to kill germs on floor, tiles, washroom, furniture, and other surfaces. The demand for the product is more in hospitals and clinics where cleanliness and sanitation are essential.
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Market Trends and Drivers
Rising number of stringent regulations for the use of surface disinfectants will positively impact the market growth. The increase in number of stringent regulations focus on the development of suitable policies for housekeeping services, which puts a premium on good housekeeping and sanitation. Thus, due to such regulatory guidelines, there will be improvement in the regular usage of surface disinfectants across healthcare settings. Moreover, increasing healthcare expenditure and focus in emerging economies will augment the overall industry expansion. Emerging economies, such as India, Brazil, and South Africa, provide significant opportunities for players in the sterilization and disinfection markets. Emerging economies in the APAC region present lucrative investment opportunities for multinational infection control companies to offshore their business operations to these markets.
Market Restraints and Challenges
Rising number of adverse effects of chemical disinfectants may hamper the business growth during the forecast period. Most of the chemical disinfectants currently available in the market have toxic properties. For example, sodium hypochlorite is an effective treatment against blood-borne pathogens but due to its highly corrosive and a respiratory irritant nature, it is dangerous for cleaning personnel and building occupants because it is toxic when released into the environment and causes damage to many surfaces.
Major Players in the Global Surface Disinfectants Market
The key players in the market are 3M (US), Procter and Gamble (US), Reckitt Benckiser Group PLC (UK), Ecolab (US), Steris (US), The Clorox Company (US), Diversey Holdings LTD. (US), CarrollCLEAN (US), PAUL HARTMANN AG (Germany), Rossari Biotech Ltd and among others
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Reasons to buy Surface Disinfectants Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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