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New Frontiers in Surface Disinfectant Market Technologies

03-28-2024 01:37 PM CET | Health & Medicine

Press release from: Marketdata forecast

New Frontiers in Surface Disinfectant Market Technologies

The Surface disinfectants market size is expected to be valued at USD 6.1 Billion in 2024 and reach USD 9.06 Billion by 2029, growing at a CAGR of 8.23 % from 2024 to 2029.

Surface disinfectants are chemical agents utilized to eliminate or exhibit inactive microorganisms on surfaces. They are widely used in homes, hospitals, and various settings to mitigate the risk of infection. These disinfectants are suitable for application on hard surfaces like countertops, floors, and medical equipment. They are formulated to eliminate a broad spectrum of microorganisms, including bacteria, viruses, and fungi.

Global Surface Disinfectant Market Report Scope:
• Market Size (2029): USD 9.06 Billion
• Market Size (2024): USD 6.1 Billion
• CAGR (2024 to 2029): 8.23 %
• Base Year: 2023
• Forecast Period: 2024 to 2029
• Segments Analysed: By Formulation, Type, Application, End-User, and Region
• Geographies Covered: North America, Europe, APAC, Latin America, and Middle East & Africa
• Key Market Players Profiled: 3M Company (U.S.), Procter & Gamble (U.S.), and Reckitt Benckiser Group plc. (U.K.), The Clorox Company (U.S.), Sealed Air Corporation (U.S.), Steris Corporation (U.S.) are playing a dominant role in the Surface disinfectants market.

Browse full details of the report @ https://www.marketdataforecast.com/market-reports/surface-disinfectant-market

Key Insights from The Report:

• Based on Formulation, the liquid segment captured highest share of the global market in 2023.
• Based on Type, the alcohol segment dominated the market in 2023.
• Based on Application, the in-house segment occupied the majority of the global market share in 2023.
• Based on End-User, the hospital segment occupied the majority of the global market share in 2023.

• North America dominated the healthcare analytics market in 2023. Europe accounted for second- highest share of the global Surface disinfectants market in 2023 and on the other hand, the Asia-Pacific region is estimated to grow at the fastest CAGR during the forecast period.
• AMD Global Surface Disinfectants Market 3M Company (U.S.), Procter & Gamble (U.S.), and Reckitt Benckiser Group plc. (U.K.), The Clorox Company (U.S.), Sealed Air Corporation (U.S.), Steris Corporation (U.S.) are dominated the Surface disinfectants market.

The increasing demand for cleaning products, sanitizers, and disinfectants due to the Pandemic has partially increased the hygiene habits among the people, which is driving the global surface disinfectant market. The growing awareness of hygiene and sanitation is fueling the market growth. Leading companies have established scientific centers of excellence dedicated to infection prevention and cleanliness. These centers focus on improving hygiene practices by studying infection risks, conducting research, and implementing practical solutions that propel the global market size expansion. Several factors, such as the increasing incidence of hospital-acquired infections, the rising prevalence of chronic diseases, and the growing number of surgical procedures, propel the market growth. According to a study published by the Journal of Infection in Developing Countries in February 2023, the overall prevalence of hospital-acquired infections in Southeast Asia was 21.6% as of 2022, with Indonesia reporting the highest rate of 30.4%. Healthcare organizations are adopting disinfectants due to the burden of hospital-acquired infections, which is expected to increase in the forecast period. The escalating product approvals and innovations due to high investments by the market players and government in research activities will provide market growth opportunities in the coming years. The growing government and public organizations' awareness programs regarding the need for disinfection and hygiene are raising adoption rates worldwide.

The presence of stringent regulations and guidelines regarding disinfectant use and composition can create hurdles for manufacturers, resulting in higher compliance costs and restrictions on product innovation, leading to market expansion limitations. Some disinfectants contain chemicals that pose environmental risks, and frequent usage leads to some health concerns. The rising concerns about their impact on ecosystems and people are expected to hamper the market growth. Increasing awareness and concern about certain disinfectant chemicals' potential long-term health effects have led to calls for safer alternatives that maintain effectiveness against pathogens. Price sensitivity among consumers and healthcare providers may limit the adoption of certain surface disinfectants, mainly those that are expensive or require frequent use.

SEGMENTATION INCLUDED IN THIS REPORT:

By Formulation:
• Wipe
• Liquid
• Spray

By Type:
• Quaternary Ammonium Compounds
• Phenol
• Chlorhexidine Gluconate
• Alcohol
• Aldehyde

By Application:
• In-house
• Instrument

By End-User:
• Hospitals
• Laboratories

By Region:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Browse Regional Reports:

North America Surface Disinfectant Market Research Report - Segmented By Formulation, Type, Application, End-User and Country (U.S, Canada & Rest of North America) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2023 to 2028) -https://www.marketdataforecast.com/market-reports/north-america-surface-disinfectant-market

Europe Surface Disinfectant Market Research Report - Segmented By Formulation, Type, Application, End-User and Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2023 to 2028) - https://www.marketdataforecast.com/market-reports/europe-surface-disinfectant-market

Asia-Pacific Surface Disinfectant Market Research Report - Segmented By Formulation, Type, Application, End-User and Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore & Rest of APAC) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2023 to 2028) - https://www.marketdataforecast.com/market-reports/asia-pacific-surface-disinfectant-market

Latin America Surface Disinfectant Market Research Report - Segmented By Formulation, Type, Application, End-User and Country (Mexico ,Brazil, Argentina, Chile and Rest of Latin America) - Industry Analysis, Size,Share, Growth, Trends, & Forecast (2023 to 2028) -https://www.marketdataforecast.com/market-reports/latin-america-surface-disinfectant-market

Middle East And Africa Surface Disinfectant Market Research Report - Segmented By Formulation, Type, Application, End User and Country (KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan and Rest of MEA) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast from (2023 to 2028 )- https://www.marketdataforecast.com/market-reports/middle-east-and-africa-surface-disinfectant-market

TABLE OF CONTENTS:
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Type
5.1.1 Introduction
5.1.2 Quaternary Ammonium Compounds
5.1.3 Chlorhexidine Gluconate
5.1.4 Phenolic Compounds
5.1.5 Alcohols
5.1.6 Aldehydes
5.1.7 Other Surface Disinfectants
5.1.8 Y-o-Y Growth Analysis, By Type
5.1.9 Market Attractiveness Analysis, By Type
5.1.10 Market Share Analysis, By Type
5.2 Formulation
5.2.1 Introduction
5.2.2 Liquids
5.2.3 Wipes
5.2.4 Sprays
5.2.5 Y-o-Y Growth Analysis, By Formulation
5.2.6 Market Attractiveness Analysis, By Formulation
5.2.7 Market Share Analysis, By Formulation
5.3 Application
5.3.1 Introduction
5.3.2 In-House Applications
5.3.3 Instrument Disinfection
5.3.4 Other Applications
5.3.5 Y-o-Y Growth Analysis, By Application
5.3.6 Market Attractiveness Analysis, By Application
5.3.7 Market Share Analysis, By Application
5.4 End User
5.4.1 Introduction
5.4.2 Hospitals
5.4.3 Clinical Laboratories
5.4.4 Pharmaceutical Companies
5.4.5 Other End Users
5.4.7 Y-o-Y Growth Analysis, By End User
5.4.8 Market Attractiveness Analysis, By End User
5.4.9 Market Share Analysis, By End User
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Type
6.1.3.3 By Formulation
6.1.3.4 By Application
6.1.3.5 By End User
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Type
6.1.4.3 By Formulation
6.1.4.4 By Application
6.1.4.5 By End User
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Type
6.1.5.3 By Formulation
6.1.5.4 By Application
6.1.5.5 By End User
6.2 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.3 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.4 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter's Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 3M Company
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Cantel Medical
8.3 The Clorox Company
8.4 Ecolab
8.5 Johnson & Johnson
8.6 Procter & Gamble
8.7 Reckitt Benckiser Group PLC
8.8 Sealed Air Corporation
8.9 Steris Corporation
8.10 Carroll Company
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures

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