- The growing prevalence of infectious diseases and increasing
awareness of sanitation among consumers is driving the demand of
the market
- Market Size – USD 835.8
Million in 2019, Market Growth - CAGR of 8.3%, Market Trends
–High prevalence of contagious infections, such as
COVID-19
NEW YORK, Aug. 5, 2020 /PRNewswire/ -- The
Global Surface Disinfectant Market is forecast to reach
USD 1.53 Billion by 2027, according
to a new report by Reports and Data. The surface disinfectant
market is growing due to the rise in the number of HAIs or
hospital-acquired infections, and growth in the incidence of
contagious diseases. Technological advancement and increasing
awareness among the public have led to an increase in the number of
surgical operations, which, in turn, is augmenting the demand for
the industry.
Strict legislative guidelines, such as the Affordable Care Act,
have forced hospital administrators to maintain clean facilities.
The ongoing COVID-19 epidemic has led companies to understand the
necessity for healthcare facility disinfection and cleanliness. The
development of alternatives to disinfectant is also challenging
market growth. Innovative technologies are being developed as a
substitute for manual cleaning.
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North America held the largest
market share throughout the forecast period. The region is
anticipated to witness several growth opportunities owing to the
increase in the level of awareness among consumers due to the
presence of a large number of educational institutes, hospitals,
corporate buildings, and also rise in the self-hygiene among
people, which will significantly influence the growth of the
industry.
COVID-19 Impact Analysis:
With the outbreak of the coronavirus, the WHO encourages people
to take more aggressive steps to prevent the widespread of the
virus, especially in hospitals or places where the infected
patients are being treated. Coronavirus is having a substantial
impact on the surface disinfectant industry. The increasing demand
for disinfectants and sanitizers as preventive measures against
COVID-19 has resulted in changing the dynamic of the market. People
are stockpiling, and manufacturers have started production in large
quantities to meet the requirements of the consumers. The demand
has search exponentially. The market has witnessed high demand
during the epidemic and is anticipated to grow in the coming years
due to the growth in the adoption of cleaning supplies and more
awareness.
To identify the key trends in the industry, click on the link
below:
https://www.reportsanddata.com/press-release/global-surface-disinfectant-market
Further key findings from the report suggest
- Surface disinfectant is likely to grow at the fastest rate in
the forecast period. Infections acquired in hospitals and
healthcare places are a significant cause of avertible death across
the globe. The physical environment plays a crucial role in the
transmission of disease, and novel technologies are being presented
into healthcare facilities to decrease the environmental route of
transmission of disease. Ultraviolet surface disinfection is
considered to be one of the new technologies with substantial
potential.
- Peracetic acid is generally used in the food industry and is
used as a cleanser and also a disinfectant. It is used as a
disinfectant for medical supplies and helps in preventing the
formation of bio-film in pulp industries. It is applied during the
purification of water and for plumbing disinfection.
- Hospitals are the major end-users of the market. With the rise
in infection and an increase in the incidence of diseases, most
hospitals are using surface disinfectants to sanitize their
surroundings and surfaces.
- North America has the highest
adoption rate in the market. This is due to the high level of
awareness and high disposable income. Moreover, the presence of key
market players in the region is also encouraging market
growth.
- Key participants include Ecolab, Cantel Medical, Procter &
Gamble, 3M Company, Reckitt Benckiser
Group PLC, The Clorox Company, Gojo Industries, Inc., Johnson &
Johnson, Steris Corporation, and Whiteley Corporation, among
others.
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For the purpose of this report, Reports and Data has segmented
the Global Surface Disinfectant Market on the basis of composition,
type, end-users, application, distribution channel, and region:
Composition Outlook (Revenue, USD Billion; 2017-2027)
- Chlorine Compounds
- Alcohol
- Hydrogen Peroxide
- Quaternary Ammonium Compounds
- Peracetic Acid
- Others
Type Outlook (Revenue, USD Billion; 2017-2027)
End-users Outlook (Revenue, USD Billion; 2017-2027)
- Hospital
- Diagnostic Laboratories
- Research Laboratories
- Pharmaceutical & Biotechnology Companies
Application Outlook (Revenue, USD Billion; 2017-2027)
- In-House Surfaces
- Instrument Disinfection
- Others
Distribution Channel Outlook (Revenue, USD Billion;
2017-2027)
Regional Outlook (Revenue, USD Billion; 2017-2027)
- North America
-
- Europe
-
- Germany
- U.K
- France
- Benelux
- Rest of Europe
- Asia Pacific
-
- China
- Japan
- South Korea
- Rest of APAC
- Latin America
-
- Middle East & Africa
-
- Saudi Arabia
- UAE
- Rest of MEA
Browse more similar reports on Disinfectants and
Preservatives category by Reports And Data
- Quats (Quaternary Ammonium Compounds) Market:
https://www.reportsanddata.com/report-detail/quats-quaternary-ammonium-compounds-market
- Disinfectant Products Market:
https://www.reportsanddata.com/report-detail/disinfectant-products-market
- Ultraviolet Disinfection Equipment Market:
https://www.reportsanddata.com/report-detail/ultraviolet-disinfection-equipment-market
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