Press release
Surface Disinfectant Market Segments and Insights | Size, Share, Current Development Trends, Analysis Of Top Key Players and Forecast 2021 to 2027 | Carrollclean, Whiteley Corporation, Pal International, Pharmax Limited, Gojo Industries
Report Ocean releases its latest report on the global Surface Disinfectant Market. A combination of information gathered from first-hand sources, qualitative and quantitative assessments of industry analysts, and insights from experts and participants across the value chain is used to calculate the global Surface Disinfectant Market.The global surface disinfectant market was worth USD 3.58 billion in the year 2020 and is flourishing at the rate of CAGR 6.9%. It is projected to reach a market worth of USD 5.97 billion by the year 2027.
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Growth Drivers
Rising Prevalence of Hospital-Acquired Infections
Hospital-acquired infections are infections that a person acquires while visiting or staying at a hospital. Hospital-acquired pneumonia, Clostridium difficile infections, Central line-associated bloodstream infections, catheter-associated urinary tract infections, and surgical site infections, are some examples of these infections. Such infections are typically caused by viral, fungal, or bacterial pathogens. As a result, it is critical to clean and disinfect healthcare facilities with strong and effective disinfectants. Thus, disinfection has become even more important in the aftermath of COVID-19, when hospital visits have skyrocketed.
Expanding Healthcare Infrastructure in Developing Economies
Healthcare facilities, such as hospitals and clinics, are the primary end-users of surface disinfectants, which are in high demand in this industry. Developing economies like China, India, Brazil, South Korea, Russia, are making huge capital investments towards the development of healthcare infrastructure. As a result, the number of hospitals and other healthcare facilities is rising which is propelling the demand for surface disinfectants. Furthermore, the expanding medical tourism is also estimated to play a crucial factor in the growth of the surface disinfectant market.
The reports include an in-depth analysis of macroeconomic indicators, market trends, and underlying factors, as well as market attractiveness by segment. The reports include a qualitative impact map of different market factors. COVID-19 (Corona Virus) had an impact on the product industry chain based on upstream and downstream markets, on regions and countries, and the future development of the industry.
The reports on the Global Surface Disinfectant Market provide readers with a better understanding of the market and competitive landscape to support better decision-making. Report contents include an overview of participants, revenue results, sales volume, gross margin, capital investment, and global Surface Disinfectant Market growth rates.
Researchers gather and validate the market size and demand information with market experts. They also examine the geographical distribution of the Surface Disinfectant Market. Top manufacturers, distributors, traders, and dealers use these market studies to gain insights into the industry. It will provide an overview of the product, the market, the driving forces, the risks and opportunities, and the research findings.
Impact Analysis of COVID-19
A detailed study of Covid-19 impacts the Surface Disinfectant Market is provided in the report.
The World Health Organization has declared Covid-19 a global health emergency due to its impact on thousands of people worldwide. The Coronavirus disease, which already affects these groups, had affected Surface Disinfectant Market segments.
While the death toll continues to climb, the economic damage is already evident, making this the world's worst economic shock in decades.
Chaos can lead to several undesirable outcomes, including restaurant closings, flight cancellations, travel restrictions, indoor event venues losing permits, customer confidence eroding, stock markets fluctuating, and citizens becoming anxious.
The report extensively examines the fundamental aspects of the Global Surface Disinfectant Market, including its future prospects and competitive landscape. The Porter's Five Forces analysis of the Surface Disinfectant Market provides insight into the factors influencing its growth. This market study breaks down the Surface Disinfectant Market into segments, regions, and players in order to present an accurate picture of the current market environment. The study also includes macroeconomic and microeconomic analyses. Several graphs and charts appear in the report effectively.
Regional Overview
An analysis of the Surface Disinfectant Market at the country level looks at segments classified as potentially high-growth, countries with the largest market share, and countries with the best growth prospects. Among the regional breakdowns in the Surface Disinfectant Market study are North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), Other countries.
Leading Competitors
The leading prominent competitors in the global Surface Disinfectant Market are:
Proctor and Gamble, Reckitt Benckiser Group plc, 3M Company, Cantel Medical Company, SC Johnson Professional, The Clorox Company, Steris Company, Ecolab, Inc., Paul Hartmann AG, Diversey, Inc., Carrollclean, Whiteley Corporation, Pal International, Pharmax Limited, Gojo Industries, Medline Industries, Contec, Inc., PDI Inc., Cetylite, Inc.
Scope of the Report
The global Surface Disinfectant Market segmentation focuses on:
By Composition
Ø Quaternary Ammonium Compounds
Ø Hydrogen Peroxide
Ø Alcohols
Ø Peracetic Acid
Ø Chlorine Compounds
Ø Peracetic Acid
Ø Others
By Type
Ø Liquid
Ø Wipes
Ø Sprays
By End-User
Ø Hospitals and Clinics
Ø Outpatients Surgical Centers
Ø Others End-user
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