The Global Surface Disinfectant Market was valued at USD 4.95 Bn in 2020 and is expected to reach USD 9.15 Bn by 2027, with a growing CAGR of 9.2% during the forecast period.
Surface disinfectants are synthetic substances used to treat or sanitize medical equipment and surfaces such as walls, tabletops, and floors. These disinfectants help in decreasing or eliminating the presence of pathogens, reducing the risk of spreading bacteria along with maintaining hygiene in the premises. Over the past few years, the surface disinfectant industry has experienced remarkable consumer demand owing to growing product demand for maintaining hygiene. In addition, surface disinfectants are now available in environment-friendly variants that are non-toxic, easy to use, and cost-effective which is driving their demand.
The global surface disinfectant market is majorly growing owing to the increasing geriatric population across the globe. As per the World Population Ageing 2019, the geriatric population is continuously growing at an unprecedented rate. In 2019, nearly 703 million people across the globe were aged 65 years or above and this number is expected to double and reach 1.5 billion by 2050. The elderly people are more prone to getting hospital-associated infections (HAI’s) due to rising cases of chronic conditions such as arthritis, coronary heart disease, diabetes, hepatitis, weak or failing kidneys, and stroke. This is leading to rising awareness on the importance of maintaining health & hygiene among people. The increasing awareness is expected to be instrumental in surging the demand in the surface disinfectant market.
Moreover, the surface disinfectant industry is also boosting due to growing healthcare industries in several emerging economies such as Brazil, India, South Africa, and China. The rapidly increasing geriatric population, rising per capita income, high patient volumes, and increasing awareness among people are driving the need for improving the healthcare industries in these nations. Therefore, the government is these economies are heavily investing in improving the healthcare facilities & infrastructure. Owing to the high application of surface disinfectant products in healthcare industries, the rising investment in the healthcare industry is expected to offer growth opportunities in the market.
The unique insights provided by this report also include the following:
Based on product type, the bio-based surface disinfectant is expected to witness a high growth rate in the surface disinfectant market owing to the advantages offered by biobased surface disinfectants over their chemical counterparts
Based on product type, the surface disinfectant market is segmented as bio-based and chemicals. Among these, bio-based surface disinfectant is expected to witness a high growth rate during the forecast period. This growth is owing to the advantages offered by biobased surface disinfectants over their chemical counterparts. Bio-based surface disinfectants offer several benefits such as reduced toxicity, biodegradability, low volatile organic compounds, and environment-friendliness in comparison to chemical-based surface disinfectants which is garnering significant product demand on the surface disinfectant industry. Additionally, FDA has approved the use of biobased products in formulating and commercializing surface disinfectants that has helped in catering remarkable growth opportunities for key market players.
Based on application, the in-house application accounted for the largest share in the surface disinfectant industry owing to a wide spectrum of product use in various in-house applications such as household, industrial, and commercial in-house surfaces
Based on application, the surface disinfectant industry is fragmented into instruments, in-house, and others. Among these segments, the in-house application accounted for the largest share in the surface disinfectant industry across the globe. This share is due to the wide spectrum of product use in various in-house applications such as household, industrial, and commercial in-house surfaces. In addition, the Centers for Disease Control and Prevention (CDC) has enacted several recommendations and guidelines for disinfecting and cleaning processes that need to be followed for in-house applications. These factors are responsible for proliferating demand for surface disinfectant products across the globe.
Based on region, the North America region led the surface disinfectant market across the globe due to the growing number of surgeries performed along with increasing healthcare-associated infections in the region
Based on region, the surface disinfectant market is divided into Asia-Pacific, North America, Latin America, Middle East and Africa, and Europe. Among these, the North America region led the market across the globe and is anticipated to show a significant growth trend during the forecast period. This share is majorly attributed to the growing number of surgeries performed along with increasing healthcare-associated infections in the region. Center for Diseases Control and Prevention (CDC) states that every year there are nearly 46.5 million procedures surgeries performed in the U.S. and nearly one in 31 U.S. patients each day contracts with at least one infection in association with their hospital care. This is underscoring the requirement for improving patient care practices in the healthcare facilities, thereby positively driving the surface disinfectant market in the region.
The report also provides an in-depth analysis of the market dynamics such as drivers, restraints opportunities, and challenges
Note: Challenges along with in-depth Surface Disinfectant market dynamics analysis are mentioned in the report.
The COVID-19 is an infectious disease and has shifted the focus of consumers across the globe on prioritizing hygiene, health, and safety. The pandemic has resulted in disrupting the entire healthcare system across the globe, with hospitals experiencing an overflowing of patients due to the increasing spread of the virus. Therefore, numerous public health organizations strongly recommended the use of sanitizers & disinfectants that consist of at least 60% alcohol content for restricting the spread of the virus. This created an unprecedented surge in demand for hand sanitizers, disinfectants, and other cleaning products for use in homes, public places, and healthcare facilities caused by panic buying among consumers. Thus, to meet this growing demand for sanitizers & disinfectants, many leading alcohol producers were seen ramping up their production capacity which in turn positively influenced the surface disinfectant market growth.
The report also provides an in-depth analysis of key trends in the surface disinfectant market
The report also provides an in-depth analysis of recent news developments and investments in the surface disinfectant market
The key players operating in the surface disinfectant market are:
Priyanka has been writing chemicals & material market research reports for the last 12 years. A post-graduate, her specialization is in the chemicals sector. Preparing end-to-end reports covering minute details for market insights, competitive intelligence and trend analysis in the CMFE sector.
Research Methodology
Log in / Register