Surface Disinfectant Market |
Market Overview:
The global Surface Disinfectant Market is estimated to be valued at US$ 6805.484 million in 2022 and is
expected to exhibit a CAGR of 7.96% over the forecast period of 2023
to 2030, according to a new report published by Coherent Market Insights.
Surface disinfectants are products that are used to eliminate or reduce the
presence of microorganisms on various surfaces. These products play a vital
role in preventing the spread of infectious diseases and maintaining a hygienic
environment. With the increasing emphasis on hygiene and sanitation, the demand
for surface disinfectants is expected to grow significantly in the coming
years.
Market Key Trends:
The key trend observed in the surface disinfectant market is the growing
adoption of eco-friendly disinfectants. With the rising environmental concerns
and the need for sustainable solutions, manufacturers are focusing on
developing surface disinfectants that have minimal impact on the environment.
Eco-friendly disinfectants are formulated using biodegradable ingredients and
are free from harmful chemicals, making them safer for human health as well.
The growing awareness among consumers regarding the environmental impact of
conventional disinfectants has led to the increased demand for eco-friendly
alternatives.
Furthermore, regulatory bodies across the globe are implementing stringent
regulations on the use of chemicals in disinfectants, encouraging the adoption
of eco-friendly options. The market is witnessing the development of innovative
and sustainable disinfectant solutions, such as hydrogen peroxide-based
disinfectants, which are highly effective against a wide range of
microorganisms while being safe for both humans and the environment. The trend
of eco-friendly surface disinfectants is expected to continue growing in the
forecast period as consumers and organizations prioritize sustainability and
environmental responsibility.
Segment Analysis:
The Surface
Disinfectant Market Size can be segmented based on type, composition,
application, and end-use industry. Among the different types of surface
disinfectants available in the market, liquid disinfectants dominate the
segment. This dominance can be attributed to their ease of use, effectiveness,
and wide availability. Liquid disinfectants are preferred by both healthcare
facilities and households for their ability to quickly and efficiently
disinfect surfaces.
In terms of composition, surface disinfectants can be categorized as alcohol-based
disinfectants, quaternary ammonium compounds (QAC) disinfectants, hydrogen
peroxide-based disinfectants, and others. Alcohol-based disinfectants have been
the most commonly used composition due to their broad-spectrum effectiveness
against various pathogens, including bacteria, viruses, and fungi.
In terms of application, surface disinfectants can be used for both non-porous
and porous surfaces. Non-porous surfaces, such as glass, metal, and plastics,
dominate the market segment due to their high compatibility with most
disinfectants and ease of cleaning. Porous surfaces, such as fabrics and
carpets, have a smaller market share due to the limitations in effectively
disinfecting these surfaces without causing damage.
Healthcare facilities, including hospitals, clinics, and laboratories, are the
dominant end-users of surface disinfectants. This can be attributed to the high
risk of cross-contamination and infection transmission in healthcare settings,
where disinfection plays a crucial role in preventing the spread of diseases.
Similarly, the COVID-19 pandemic has led to increased demand for surface
disinfectants in the residential sector as well, with households looking for
effective measures to maintain hygiene and reduce the risk of infection.
Key Takeaways:
The global surface disinfectant market is expected to witness high growth,
exhibiting a CAGR of 7.96% over the forecast period from
2023 to 2030. This growth is primarily driven by the increasing emphasis on
hygiene and infection control across various industries, including healthcare,
hospitality, and residential sectors. The COVID-19 pandemic has further
accelerated the demand for surface disinfectants, creating a significant market
opportunity.
From a regional perspective, North America is expected to be the
fastest-growing and dominating region in the surface disinfectant market. The
region has a well-established healthcare infrastructure and strict regulations
regarding infection control, along with increasing consumer awareness about the
importance of disinfection. The Asia Pacific region is also expected to witness
significant growth, driven by the rising healthcare expenditure, growing
population, and increasing focus on hygiene in developing countries like China
and India.
Key players operating in the surface disinfectant market include 3M, Reckitt
Benckiser Group PLC, Procter & Gamble, Cantel Medical Corporation, The
Clorox Company, Ecolab, SC Johnson Professional, Whiteley Corporation, and
Steris PLC. These companies have a strong presence in the market and offer a
wide range of surface disinfectant products catering to various.