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Surface Disinfectant Market Soars: In-Depth Highlights Market Size, Share Analysis, Emerging Trends, Key Segments, and Growth Factors Fueling Demand
Surface Disinfectant Market
Surface Disinfectant Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $8.13 billion In 2028 At A CAGR Of 11.1% :
The surface disinfectant market size has grown rapidly in recent years. It will grow from $4.86 billion in 2023 to $5.35 billion in 2024 at a compound annual growth rate (CAGR) of 10.1%. The growth in the historic period can be attributed to infection control, healthcare facilities, food safety, consumer awareness, regulatory compliance.
The surface disinfectant market size is expected to see rapid growth in the next few years. It will grow to $8.13 billion in 2028 at a compound annual growth rate (CAGR) of 11.1%. The growth in the forecast period can be attributed to emerging pathogens, pandemic preparedness, sustainability, advanced formulations, global travel and trade. Major trends in the forecast period include eco-friendly disinfectants, continuous surface monitoring, antiviral surface coatings, ai and robotics, ultraviolet (uv) disinfection.
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Surface Disinfectant Market Major Segments
The surface disinfectant market covered in this report is segmented -
1) By Form: Wipes, Liquid, Spray
2) By Composition: Alcohols, Chlorine Compounds, Quaternary Ammonium Compounds, Hydrogen Peroxide, Peracetic Acid
3) By End-User: Healthcare, Hospitality, Food And Beverage, Residential
Key Driver - Hygiene Awareness Boosts Surface Disinfectant Market
Awareness among consumers on hygiene is the key factor driving the surface disinfectant market. Hygiene refers to maintaining the cleanliness of one's body and clothing to preserve overall health and wellbeing. Awareness of personal hygiene helps the surface disinfectant market provide better customer service. For instance, in 2021, according to a survey published by WaterAid, a UK-based non-governmental organization, in Bangladesh, 40% of respondents knew handwashing using water and soap was necessary before eating, 68% of cooks wash hands in restaurants, and 36% of girls knew about menstrual health education. Such awareness regarding hygiene will propel the surface disinfectant market.
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Prominent Trend - Advanced Technologies Revolutionize Surface Disinfection
Technological advancement is a key trend in the surface disinfectant market. Major players are using advanced technologies like pulsed UV light to remove all harmful microorganisms from the surfaces. Pulsed UV light technology has the potential for disinfecting various surfaces commonly utilized in lab settings. Broad-spectrum radiation is applied in the form of brief, intense bursts that provide intense radiation instantaneously, which results in significantly better microbial decontamination than conventional UV systems. For instance, in June 2021, Voltas, an Indian-based home appliance company, launched a new line of Ultraviolet Light (UVC) based surface disinfectant solutions. These options include the UV Cart System, HandHeld, RUKS CoiloTron, and RUKS GermiTron. Mold, fungus, and bacteria are removed from cooling coils and drain pans using RUKS CoiloTron. HandHeld is a piece of portable surface cleaning and disinfection equipment. The UV Cart System provides high germicidal intensity to sterilize the area and immediately inactivate the microorganisms. RUKS GermiTron's Ultraviolet Germicidal Irradiation (UGVI) can kill 90% of bacteria and viruses in a single pass. This innovative product helps in fighting harmful viruses, such as COVID-19.
Surface Disinfectant Market Players
Major companies operating in the surface disinfectant market include 3M Company, Cantel Medical Corporation, The Clorox Company, Johnson & Johnson, Procter & Gamble, Ecolab Inc., Reckitt Benckiser Group plc, Metrex Research LLC, Acuro Organics Limited, Medline Industries Inc., Evonik Corporation, Sanosil LTD, STERIS Corporation, Diversey Inc., GOJO Industries Inc., Kimberly-Clark Corporation, Reckitt Benckiser Group plc, Microban International Ltd., Professional Disposables International Inc. (PDII), GOJO Industries, Safetec of America Inc., Spartan Chemical Company Inc., Stepan Company, Virox Technologies Inc., Zep Inc., Betco Corporation, Clariant AG, DuPont de Nemours Inc., Lonza Group Ltd.
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Largest And Fastest Growing Region In The Market
North America was the largest region in the surface disinfectants market share in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the surface disinfectant market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Surface Disinfectant Market Report Structure
3. Surface Disinfectant Market Trends And Strategies
4. Surface Disinfectant Market - Macro Economic Scenario
5. Surface Disinfectant Market Size And Growth
…..
27. Surface Disinfectant Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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