Global Surface Disinfectant Market Size |
Surface disinfectants are chemical formulations that help eliminate or reduce
harmful microorganisms from surfaces through disinfection. They are commonly
used in hospitals, clinics, and other healthcare institutions to prevent the
spread of infections. Surface disinfectants effectively kill bacteria, viruses,
and other pathogens and hence help in maintaining hygienic environments.
The global
Surface Disinfectant Market is estimated to be valued at US$ 7347.2 Mn in 2023 and is expected to exhibit a CAGR of 18.% over the forecast period
2023 to 2030, as highlighted in a new report published by Coherent Market
Insights.
Market key trends: The high demand for surface disinfectants from healthcare
facilities to prevent hospital acquired infections is a major trend driving the
growth of this market. Healthcare associated infections or hospital acquired
infections are a major issue, increasing morbidity and mortality among
patients. Proper disinfection of surfaces reduces the risk of transmission of
infectious agents. Thus, increasing awareness regarding hygiene maintenance and
infections control among healthcare providers as well as regulatory mandates is
expected to significantly boost the demand for surface disinfectants over the
forecast period.
Segment Analysis
The global surface disinfectant market is segmented by type, composition, form,
application, end use and region. Based on type, the quaternary ammonium
compounds segment is expected to dominate the market during the forecast
period. Quaternary ammonium compounds are widely used in surface disinfectants
due to their efficiency in killing germs and bacteria on surfaces. They are
also cost-effective as compared to other types of surface disinfectants.
Key Takeaways
The Global
Surface Disinfectant Market Size is expected to witness high growth
during the forecast period of 2023-2030. The market size is projected to grow
from US$ 7347.2 Mn in 2023,
registering a CAGR of 18%.
Regional analysis
North America is expected to dominate the global surface disinfectant market
during the forecast period. The region accounts for the largest share due to
high awareness about safety and hygiene among individuals. Furthermore,
presence of major players and easy availability of products boost the growth of
the market in the region. Asia Pacific is projected to witness the fastest
growth during the forecast period owing to rising healthcare expenditure and
growing concerns over hygiene.
Key players
Key players operating in the surface disinfectant market are 3M, Reckitt
Benckiser Group PLC, Procter & Gamble, Cantel Medical Corporation, The
Clorox Company, Ecolab, SC Johnson Professional, Whiteley Corporation, and
Steris PLC. 3M is one of the leading players offering various types of surface
disinfectants for different applications. Reckitt Benckiser Group PLC provides
disinfectant products under its brand Lysol for surface and equipment disinfection.
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