Global Surface Disinfectant Market is expected to grow at a rate of about 10% CAGR over the next six years (2022-2028): Ken Research

What Is the Size of Global Surface Disinfectant Industry?

Global Surface Disinfectant market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2028F. The Surface Disinfectant Market is largely driven by the growing incidences of healthcare-associated infections, growing demand from non-healthcare industries, health clubs & gyms, and the outbreak of Covid-19.

Increasing incidence of healthcare-associated Infections (HAI) and the rising occurrences of chronic disorders are expected to propel the surface disinfectant market growth. For instance, the rising geriatric population and the prevalence of chronic illnesses such as blood pressure, obesity, diabetes, and heart disorders have been fueling the demand for surface disinfectants across health care facilities.

Chemical surface disinfectants have some adverse impacts on the environment and acts as a major barrier for growth. For instance, hydrogen peroxide used in chemical surface disinfectants can cause portal vein thrombosis, gastrointestinal problems, mild mucosal irritation, and vomiting. Furthermore, the outburst of COVID-19 had a positive impact on the surface disinfectants market. The pandemic increased the need for surface disinfection and cleaning practices significantly. Multiple measures were being taken to curb the spread of the deadly virus, including disinfection and sanitizing surfaces. This increased the demand for surface disinfectants across the globe.

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Global Surface Disinfectant Market By Composition Type

The Global Surface Disinfectant market is segmented by Composition Type into Chemical Based and Biobased. The chemical composition segment dominated the global surface disinfectant market in 2022 and is estimated to continue being the dominant segment during the forecast years. Biobased surface disinfectants are viewed as alternatives to their chemical counterparts owing to their non-toxic, biodegradable, and eco-friendly characteristics and are expected to have a higher CAGR during the forecast period.

In June 2020, an article by Bhabha Atomic Research Center reported that Sodium hypochlorite (NaOCl) is one of the proven disinfectants and is being used in sanitization where 0.05-0.5% NaOCl is recommended by the WHO and the Center for Disease Control and Prevention.

Global Surface Disinfectant Market By Form

The Global Surface Disinfectant Market is segmented by Form into Liquid, Wipes and Spray. The liquid form segment holds the highest market share in 2022 and is expected to remain dominant during the forecast period. This high share is attributed to a wider application of liquids in the industrial as well as the household sector for kitchen fixtures, glazed ceramic tile, windows, plastics, exterior surfaces of applications, vinyl, and glass.

In April 2020, ITC launched its product "Savlon Surface Disinfectant Spray in India to curb the spread of Covid-19. ITC acquired Savlon brand from Johnson & Johnson in 2015. Furthermore, In June 2019, Reckitt Benckiser Group PLC received the Environmental Protection Agency (EPA) approval for its Lysol Disinfectant Spray and Lysol Disinfectant Max Cover Mist for surface disinfection.

Global Surface Disinfectant Market By Application

The Global Surface Disinfectant market is segmented by Application into In-house Surfaces, Instrument Disinfection and Others. The In-house application segment holds the largest market share in 2022 in the global surface disinfectant market and is expected to remain dominant during the forecast period. The large market share of this segment is attributed to the wide usage of surface disinfectants in the premises of hospitals & clinics, households, residential areas, industries, and commercial spaces. In June 2021, Unilever's brand Lifebuoy introduced BotaniTech product range to bring the brand's market-leading hygiene expertise to the home.

Market Taxonomy

By Composition Type

Chemical Based
Biobased

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By Form

Liquid
Wipes
Spray

By Application Type

In-house Surfaces
Instrument Disinfection
Others

By End-user

Hospital & Clinics
Households
Laboratories
Hotel/Restaurants/Cafes
Educational Institutes
Others

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By Region

North America
USA
Canada
Mexico
Europe
Germany
UK
France
Spain
Italy
Rest Of Europe
Asia Pacific
China
Japan
India
South Korea
Indonesia Rest of Asia Pacific
LAMEA
Latin America
Middle East
Africa

For more insights on the market intelligence, refer to below link:-

https://www.kenresearch.com/business-research/global-surface-disinfectant-market-size-segments-outlook-2028/

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Ken Research is a Market Research and Consulting Firm, based out of India, Indonesia and UAE. Since 2011, we have been assisting clients globally with our Syndicate and Bespoke Market Research and Advisory Services.

This release was published on openPR.