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Surface Disinfectants Market to surpass US$ 6.8 billion in 2021, to grow at 8.9% CAGR through 2031- FMI Research

12-07-2021 07:26 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market insight

Surface disinfectants are the synthetic substances that are used for cleaning and disinfecting surfaces such as counterparts, floors, and walls. They kill as well as resist microorganisms, such as fungi, viruses, and bacteria. In the last few years the sales of surface disinfectants have remarkably increased, thanks to improved awareness about the importance of proper health and hygiene. Future Market Insights (FMI) in a study has forecast the trend to continue, enabling the surface disinfectants market to surpass US$ 6.8 Bn in 2021.

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The fundamental factor boosting the Surface disinfectants sales is the increasing occurrences of infections around the world. Direction from International associations such as the Center for Disease Control and Prevention (CDCP), World Health Organization (WHO), and International Federation of Infection Control (IFIC) often encourage disinfection to contain the spread of viruses, which will bode well for the market.

High level disinfectants, preferably in liquid form have emerged as top-selling products in the market, which hospitals will continue as the leading end user. The demand from hospitals segment is forecast to surge at above 6.4% CAGR.

Hospitals are receiving an increasing footfall of patients, besides which focus on ensuring improved patient care and a safe environment for patients as well as healthcare providers is fuelling disinfectant demand. Besides this, the aim at preventing the risk of hospital acquired infections will continue creating sales opportunities.

Key Takeaways from Surface Disinfectants Market Study

Surface disinfectants market will register growth at 8.8% CAGR. Sales are expected to surge amid COVID-19 outbreak
The U.S. will spearhead growth in North America, accounting for maximum sales of surface disinfectants. Increasing healthcare spending will seal the dominance of the U.S.
Presence of a sophisticated healthcare infrastructure catapults the U.K. as a lucrative market for surface disinfectants
Germany and France will continue exhibiting high demand, thanks to increasing focus on health and wellness
Post COVID-19, sales will rise at a remarkable pace in China, Japan, and South Korea

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Who is Winning?
To sustain the market, manufacturers are working towards development of innovative products that are not only suitable and required for surgeries in hospital but also for increasing the hygiene level of patients. This is because, when the patient is safe and away from HAIs he will be more co-operative throughout the procedure.

For an instance, in 2021, P&G launched Microban 24, the new disinfectant brand in the UK, the product range offers unrivalled protection against bacteria in homes, not only initially killing 99.9% of bacteria and select viruses, including COVID-19 virus and flu virus, but continuing to kill bacteria for up to 24 hours, even after multiple touches.
In 2020, Solvay launched two new products Actizone™ and Amni® Virus-Bac OFF at the forefront of innovation, which will eliminate and keep bacteria and viruses away from many surfaces and avoid cross-contamination.

Surface Disinfectants Market by Category

By Product Type
High-level Disinfectants
Glutaraldehyde
Formaldehyde
Ortho-phthalaldehyde (OPA)
Hydrogen Peroxide
Peracetic Acid
Chlorine Dioxide
Alcohol +QAC
Others

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Low Level Disinfectants
Phenols
Quaternary Ammonium Compounds (QACS)
Hydrogen peroxide + peracetic acid
Bleach
Others
Intermediate Level Disinfectants
Iodophors
Sodium Hypochlorite
Others

By Form
Liquid Surface Disinfectants
Gel & Lotions Surface Disinfectants
Wipes Surface Disinfectants
Spray & Foams Surface Disinfectants

By End User
Hospitals
Dental Dental Clinics
Ambulatory Surgical Centers
Diagnostic Laboratories
Reference Laboratories
Rehabilitation Centers
Long Term Care Centers
Critical Care Centers
Pharmaceutical & Biotechnology Companies
Academics and Research Institutes

By Region
North America
Latin America
Europe
South Asia
East Asia
Oceania
MEA

Contact Us:
Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com

About FMI:
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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