Findings from Facts and Factors report states that the global surface disinfectant market in 2019 was around USD 800.00 Million. The market is expected to grow at a CAGR of more than 8.0% and is anticipated to reach around USD 1400.00 Million by 2026.
Market Overview:
Surface disinfectants are similar to antimicrobial agents, which are put on the surface of nonliving things to kill microorganisms that live there. Infections and other problems that are common in the current healthcare system can be avoided or lessened by using surface disinfection procedures. Surface disinfectants are chemicals that kill or stop bacteria from growing on nonliving surfaces.
Market Drivers:
One of the most important things driving the growth of the global surface disinfectant market is that more and more people are becoming aware of the health benefits of surface disinfectant and how often it is used in the healthcare industry. The global market for surface disinfectants is likely to grow because hospitals, clinics, diagnostic labs, research labs, and pharmaceutical and biotechnology companies are buying more of them. It has increased the need for surface disinfectants and caused key players to put a lot of effort into research and development.
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During the period of the forecast, the global surface disinfectant market is expected to grow a lot because the manufacturing sector is growing. COVID-19 is a disease caused by a new coronavirus that has just been found. The World Health Organization (WHO) called COVID-19 a pandemic on March 11, 2020. The pandemic has caused chaos in health care around the world, with hospitals being overrun by more and more patients.
Because people now know more about sanitation, health, and safety, the spread of COVID-19 has also led to a rise in the demand for cleaning and disinfecting products. Some of the main things that affect the demand and use of antiseptics and disinfectants are rising health care costs and an increase in the number of temporary clinics.
In the coming years, the global market for surface disinfectants is likely to grow because of strict rules about how to use surface disinfectants. Because of the COVID-19 coronavirus, the disinfectant market is likely to be driven by new surface disinfectants and a greater awareness of both personal and environmental hygiene. When surface disinfectants are used too much, they have bad effects on people. These results could slow the growth of the market. In the near future, the market for surface disinfectants is likely to grow in new ways, thanks to research and development, new developments in surface disinfectant technology, and more money being put into surface disinfectant products.
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Segmental Overview
The main ways to divide the global surface disinfectant market are by composition, type, application, and end user. By composition, the global market is divided into chlorine compounds, alcohols, hydrogen peroxide, quaternary ammonium compounds, peracetic acid, and other compositions. In the global market, the alcohols segment was the one that brought in the most money. The global market is split into wipes, liquids, and sprays based on what they are used for.
In 2019, the liquid segment brought in more money than any other type segment. Based on how they are used, the global market for surface disinfectants is divided into three groups: instrument disinfection, surface disinfection, and other applications. In 2019, the surface disinfection segment brought in more money than any other application segment. The global surface disinfectant market is split into diagnostic laboratories, hospitals, research labs, and pharmaceutical and biotechnology companies based on who uses the products. In the past few years, the growth of the healthcare industry has made more people want surface disinfectant.
Regional Overview
The surface disinfectant market is divided by region into Asia Pacific, Europe, the Middle East and Africa, North America, and Latin America. In 2019, North America has the biggest market for surface disinfectants, followed by Europe and the Asia-Pacific region in terms of value.
Competitive Landscape
Cantel Medical Corporation, 3M Group, The Clorox Company, Procter & Gamble, Ecolab Inc., Diversey, Inc., Reckitt Benckiser Group plc., CarrollCLEAN, STERIS plc, Whiteley Corporation, Metrex Research, LLC., PAUL HARTMANN AG, GOJO Industries, Inc., Pharmax Limited, Medline Industries, Inc., Betco, PDI Inc., MEDALKAN, GESCO
Global surface disinfectant Market: Regional Analysis
- North America
- The U.S.
- Canada
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa