IMARC Group has recently released a new research study titled “Surface Disinfectant Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
How big is the surface disinfectant market?
The global surface disinfectant market size reached US$ 5.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.1 Billion by 2028, exhibiting a growth rate (CAGR) of 6.6% during 2023-2028.
Industry Overview:
A surface disinfectant is a chemical product specifically designed to eliminate and inhibit the growth of harmful microorganisms on various surfaces. It is formulated with powerful antimicrobial agents that effectively kill bacteria, viruses, fungi, and other pathogens, ensuring a safe and hygienic environment. Surface disinfectants are widely used in various industries and settings, including healthcare facilities, food processing plants, commercial spaces, educational institutions, and public spaces. These disinfectants play a crucial role in preventing the spread of infectious diseases and maintaining cleanliness standards. With the increasing focus on hygiene and sanitation, the demand for surface disinfectants has witnessed significant growth in recent years.
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What are the growth prospects and trends in the surface disinfectant industry?
The global market is primarily driven by a heightened emphasis on infection control practices due to the increasing awareness about the transmission of infectious diseases. This can be attributed to the sudden outbreak of the COVID-19 pandemic accelerating the demand for regular cleaning and disinfection routines. In line with this, the expanding healthcare sector, including hospitals, clinics, and long-term care facilities, is acting as a significant growth-inducing factor for the surface disinfectant market. Moreover, rapid product utilization in food processing plants and kitchens to ensure the cleanliness and safety of surfaces, equipment, and utensils is creating lucrative opportunities in the market.
Furthermore, the implementation of disinfection protocols to instill confidence in customers in high-touch areas of hotels, restaurants, airlines, and public transportation is resulting in a higher product uptake. Additionally, numerous innovations such as electrostatic sprayers, UV-C disinfection systems, and automated disinfection solutions are gaining traction, driving the demand for compatible surface disinfectants.
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Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
• 3M Company
• BASF SE
• Betco
• CarrollCLEAN
• Ecolab Inc.
• Evonik Industries AG (RAG-Stiftung)
• Henkel AG Co. KGaA
• Johnson Johnson Private Limited
• Medline Industries Inc.
• Metrex Research LLC
• Reckitt Benckiser Group PLC
• STERIS plc
• The Clorox Company
• The Procter Gamble Company
Market Segmentations:
Breakup by Type:
• Liquids
• Wipes
• Sprays
• Others
Breakup by Composition:
• Alcohols
• Chlorine Compounds
• Hydrogen Peroxide
• Quaternary Ammonium Compounds
• Peracetic Acid
• Others
Breakup by Application:
• In-house Surfaces
• Instrument Disinfection
• Others
Breakup by End User:
• Hospitals
• Laboratories
• Households
• Others
Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa
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Key Highlights of the Report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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