Global Surface Disinfectant Market is expected to reach USD 9.15 Billion by the end of forecast period 2021-2027

The Global Surface Disinfectant Market was estimated at USD 4.95 Bn in 2020 and is expected to grow with a CAGR of 9.2% during the forecast period.

The surface disinfectant market is majorly experiencing traction owing to growing incidences of healthcare-associated infections (HAI) contracted by patients at the time of receiving surgical or medical treatment for chronic diseases in many developing as well as developed nations across the globe. As per the 2018 National Health Interview Survey (NHIS) 51.8% of adults in U.S. suffered at least 1 of 10 selected diagnosed chronic conditions including arthritis, chronic obstructive pulmonary disease, cancer, coronary heart disease, diabetes, asthma, hepatitis, stroke, failing or weak kidneys, and hypertension and 27.2% of adults in the U.S. faced multiple chronic conditions. The increasing prevalence of these chronic health disorders is anticipated to create awareness among individuals regarding maintaining cleanliness and personal hygiene, thereby creating an exponential increase in the demand in the surface disinfectants industry.

Another major factor driving the growth in the surface disinfectant industry is the rising demand for bio-based surface disinfectants by consumers across the globe. Bio-based disinfectants are environment-friendly & green products that are effective in killing germs without consisting of the toxicity of chemicals and eliminating the hazardous effects on skin, eyes, nervous & respiratory systems. Owing to this, several key manufactures are heavily investing in R&D for developing innovative & advanced bio-based formulations for staying competitive in the surface disinfectant market. For instance, Thymox, which is a Canada-based company has formulated several products based out of Thymol which is a natural plant-based compound such as Thymox Surface, Thymox Hoof, and Thymox AG disinfectants. Hence, increasing R&D activities by key market players is expected to positively drive the market growth.

Global Surface Disinfectant Market by Region Outlook (Revenue, USD Million, 2021-2027)

  • Europe
  • North America
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Based on region, the Asia-Pacific region is expected to grow at a high growth rate in the surface disinfectant market during the forecast period. This high share is attributed to the growing elderly population in several economies in the region such as Japan, India, China, and Singapore among others. For instance, according to the world bank, in 2020, an estimated 28.002% of the total population in Japan was older than 65 and is expected to rise to 40% by 2060. As this age of the population has a higher chance of getting chronic diseases that require an extended hospital stay, there is growing concern regarding health and hygiene which is leading to increased product demand in this region. In addition, increasing healthcare spending, and growing R&D activities by key manufactures are also contributing to driving the surface disinfectant industry in this region. Furthermore, the wide spread of coronavirus has also proliferated the industry growth across the region.

The Global Surface Disinfectant Industry Segmentation:

Global Surface Disinfectant Market by Form Outlook (Revenue, USD Million, 2021-2027)

  • Liquid
  • Sprays
  • Wipes

Global Surface Disinfectant Market by Product Outlook (Revenue, USD Million, 2021-2027)

  • Biobased
  • Chemical
    • Ammonium Compounds
    • Alcohol
    • Oxidizing Agents
    • Aldehydes
    • Phenolics
    • Others

Global Surface Disinfectant Market by End-Use Industry Outlook (Revenue, USD Million, 2021-2027)

  • Hospitals
  • Households
  • Commercial
  • Industrial
  • Laboratories

Global Surface Disinfectant Market by Application Outlook (Revenue, USD Million, 2021-2027)

  • In-house
  • Instruments
  • Others

Key Findings:

  • Based on product type, the bio-based product segment is projected to be the fastest-growing segment in the surface disinfectant industry during the forecast period.
  • Based on application, in-house application held the dominant share in the surface disinfectant market in the year 2020.
  • Based on region, the North America region accounted for the largest share in the surface disinfectant market across the globe.
  • Based on region, the Asia-Pacific region is expected to grow with a high growth rate during the forecast period.

Company Profiles and Competitive Intelligence

The key players operating in the Surface Disinfectant market are:

  • 3M Group
  • The Clorox Company
  • Cantel Medical Corporation
  • Ecolab Inc.
  • Reckitt Benckiser Group plc.
  • Procter & Gamble
  • Diversey, Inc.
  • CarrollCLEAN
  • STERIS plc
  • Metrex Research, LLC.
  • GOJO Industries, Inc.
  • Whiteley Corporation
  • Pharmax Limited
  • Medline Industries, Inc.
  • PDI Inc.
  • GESCO Healthcare Pvt. Ltd.
  • Betco
  • Contec Inc.
  • Ruhof
  • Cetylite, Inc.
  • Pal International
  • Micro-Scientific, LLC
  • BHC, Inc.

Recent News:

  • In May 2020, Clorox Company, an American global marketer & manufacturer of professional and consumer products announced the launch of its new product “Healthcare VersaSure Cleaner Disinfectant Wipes" in the market. This new launch is a surface disinfectant made from alcohol-free quat technology.
  • In April 2020, CavinKare, an FMCG conglomerate introduced the disinfectant brand Bacto-V. This new brand consists of two variants for sanitizing and cleaning gadgets and other high-touch surfaces such as mobile phones, TV remotes, laptops, toys, gaming devices, and other electronics. In addition, it also aims at cleaning surfaces where the virus could stay for a longer duration such as metal, doorknobs, glass, even car interiors which can cause infections.

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