Surface Disinfectant Market: Current Analysis and Forecast (2022-2028)

Surface Disinfectant Market: Current Analysis and Forecast (2022-2028)

The surface disinfectant market refers to the industry that produces and sells products used to disinfect surfaces, such as countertops, floors, and equipment. The primary goal of surface disinfectant products is to kill or eliminate harmful microorganisms, including bacteria, viruses, and fungi, that can cause illness or disease. There are various types of Surface Disinfectant products available in the market, including chemical disinfectants like quaternary ammonium compounds, hydrogen peroxide, and chlorine-based disinfectants, as well as natural disinfectants like vinegar, tea tree oil, and citrus extracts. These products are applied through various methods, such as sprays, wipes, liquids, and foams.

The Surface Disinfectant Market is expected to grow at a strong CAGR of around 8% during the forecast period owing to a rise in the number of healthcare-associated infections. The market for surface disinfectants is driven by several factors, including an increasing awareness of the importance of hygiene and sanitation in preventing the spread of infectious diseases, a rise in the number of healthcare-associated infections, and the growing demand for effective disinfectants in industries such as food and beverage, hospitality, and residential.

• Based on the composition, the market is segmented into alcohols, chlorine compounds, quaternary ammonium compounds, and others. Amongst these, the alcohols segment held the major share of the market in 2020. The market dominance of alcohols segment is due to the fact that chemical disinfectants play an important role in many industries, including healthcare and food service, where their effectiveness against a broad range of pathogens is highly valued.
• By type, the market is divided into liquids, wipes, and sprays. Among these, wipes captured a dominating share of the surface disinfectant market in 2020 owing to the growing demand for disinfectant wipes, which are convenient and easy to use and provide a more targeted approach to disinfection. Wipes are also more portable than liquids and sprays, making them a popular choice for on-the-go use. The COVID-19 pandemic has also led to increased demand for disinfectant wipes as people seek to clean and disinfect frequently touched surfaces more frequently.
• For a better understanding of the market adoption of the surface disinfectants industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, and the Rest of North America), Europe (Germany, U.K., France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. APAC is expected to grow at a substantial CAGR during the forecast period. Asia-Pacific, which is home to some of the world's largest and fastest-growing economies, including China and India. The Asia-Pacific region is expected to see strong growth in demand for surface disinfectants due to factors such as increasing awareness of the importance of hygiene, rising healthcare expenditures, and the growth of the food and beverage industry.
• Some of the major players operating in the market include Reckitt Benckiser Group plc, Ecolab, The 3M Company, Procter & Gamble, BASF SE, PDI, Inc., Evonik Industries AG, Kimberley-Clark Corporation (KCWW), GOJO Industries, Inc., and Lonza.