Surface Disinfectant Market Size, Share & Trends Analysis Report By Composition (Chemical, Biobased), By Form (Liquid, Wipes), By End-use, By Application, By Region, And Segment Forecasts, 2023 - 2030

Surface Disinfectant Market Size, Share & Trends Analysis Report By Composition (Chemical, Biobased), By Form (Liquid, Wipes), By End-use, By Application, By Region, And Segment Forecasts, 2023 - 2030

Surface Disinfectant Market Growth & Trends

The global surface disinfectant market size is expected to reach USD 9.49 billion by 2030, as per the new report by Grand View Research, Inc. The growth is majorly driven by the increasing commonness and consumption of healthcare-associated infections (HAIs).

The future growth can be attributed to several factors which include growing infrastructure, and construction activities, automotive production, industrial production, travel (business and leisure), as well as the need to maintain cleanliness at each and every location. Furthermore, mounting demand for green solutions such as biobased surface disinfectants continue to contribute to global market growth.

Surface disinfectants are expected to witness soaring demand from various sectors including institutional, industrial, residential, and commercial. Consumers of surface disinfectants largely include diverse production units, namely, automobiles, transportation, food & beverage, hospitality & restaurant, processing facilities (poultry and meat hygiene), provincial authorities, building service contractors & cleaning companies, municipalities, retail (supermarkets), hospitals, and multiple other commercial facilities.

The global surface disinfectant industry was positively impacted by the ongoing COVID-19 pandemic in the first half of 2020 and even in 2021 due to the high demand from hospitals. In addition, growing awareness regarding the advantages of cleaning post-pandemic and re-opening of public places such as educational institutes, cafes, hotels, malls, and restaurantshad a positive impact on the market.

Surface Disinfectant Market Report Highlights

• The spray form is anticipated to witness the fastest CAGR of nearly 10.7% over the forecast period, due to the rising application of surface disinfectant sprays on multiple border objects, especially in the wake of the COVID-19 pandemic outbreak
• The in-house application segment is expected to expand at the fastest CAGR of 7.3% over the forecast period. This is because of the inclusion of the product in household cleaning activities such as glass cleaning, hard floor cleaning, carpet, and surface cleaning
• Hotel/restaurants/cafe end-use is anticipated to register the fastest CAGR of approximately 8.2% owing to rising demand for the product for time-to-time cleaning and disinfecting activities carried out the restaurants, hotels, and cafes
• Biobased products are estimated to be the fastest growing types with a CAGR of 13.3%, owing to the growing awareness among the people about the toxicity and environmental hazards of chemical-based products as well as the availability of more eco-friendly substitute
• Asia Pacific is anticipated to dominate with the highest CAGR of nearly 8.1% during the forecast period. This is due to factors like an increase in public awareness regarding hygiene and health, in addition to the adoption of higher standards of cleaning and disinfection

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