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Surface Disinfectant Market Report, Size, Share, Insights - Procter & Gamble, Reckitt Benckiser Group plc & Carroll Company.

09-06-2024 02:08 PM CET | Consumer Goods & Retail

Press release from: DataM Intelligence 4market Research LLP

Surface Disinfectant Market || 2024-2031

Surface Disinfectant Market || 2024-2031

The Global Surface Disinfectants Market was valued at USD 3.1 billion in 2022 and is anticipated to experience significant growth, reaching up to USD 5.7 billion by 2031. The market is projected to grow at a CAGR of 8.1% from 2024 to 2031.

Surface disinfectants are chemical agents used to eliminate or significantly reduce the presence of pathogenic microorganisms on surfaces. These disinfectants are applied to various surfaces, such as countertops, floors, and equipment, to prevent the spread of infections and maintain hygienic conditions. They work by disrupting the cellular structure of microbes, effectively killing bacteria, viruses, and fungi. Surface disinfectants are essential in settings like healthcare facilities, food processing industries, and public spaces to ensure cleanliness and reduce the risk of contamination.

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Market Trends:

Rising Cases of Hospital Acquired Infections Drive The Growth Of The Surface Disinfectants Market.

The global surface disinfectant market is anticipated to expand significantly due to the increasing incidence of hospital-acquired infections (HAIs). According to the U.S. Department of Health and Human Services, approximately 1 in 31 hospitalized patients in hospitals and clinics have at least one HAI at any given time, leading to over 680,000 infections and billions of dollars in additional healthcare costs annually in the United States. A significant portion of these infections is caused by antibiotic-resistant (AR) pathogens, which also contribute to severe conditions like sepsis. With about 1.7 million sepsis cases and over 270,000 deaths annually in the U.S., efforts to reduce healthcare-associated infections are critical. Enhancing infection control measures, including the use of surface disinfectants, is a key part of the mission to improve patient safety and reduce healthcare costs.

Government initiatives aimed at combating HAIs are further driving the growth of the surface disinfectants market. For example, in December 2022, the WHO Country Office in Ukraine trained over 300 healthcare workers from more than 60 health facilities on infection prevention and control measures. This initiative was part of a broader effort to decrease healthcare-associated infections amid the ongoing crisis in Ukraine. Such government-led programs highlight the growing emphasis on infection control and create substantial opportunities for the surface disinfectants market to expand in the coming years.

Market Segmentation:

By Product: Quaternary Ammonium Compounds, Peracetic Acid, Hydrogen Peroxide, Phenol, Alcohol, Sodium Hypochlorite, Hypochlorite, Others.

By Formulation: Wipes, Sprays, Liquids.

By End-User: Hospitals & Clinics, Outpatient Surgical Centres, Restaurants & Food Chains, Households, Others.

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Major Key Players:

• Procter & Gamble
• Reckitt Benckiser Group plc.
• Carroll Company
• Cantel Medical Corporation
• UPS Hygiene Pvt. Ltd.
• Metrex Research, LLC.
• STERIS plc.
• Whiteley Corporation
• PURE Bioscience, Inc.
• Henkel AG

Regional Analysis:

The global Surface Disinfectant Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Surface Disinfectant Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

Key Developments:

In October 2021, Procter & Gamble, a prominent American multinational consumer goods corporation, launched Febreze Fabric Antimicrobial, its latest fabric refresher. This multi-purpose cloth mist is designed to kill 99.9% of bacteria, eliminate odors, and prevent the growth of mold and mildew on soft surfaces.

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