Surface Disinfectant Market to Reach Valuation of USD 4.1 Billion by 2028 – Rising Prevalence of Hospital-acquired Infections Drives the Market

In terms of revenue, the Global Surface Disinfectant Market is expected to reach USD 4.1 Billion by 2028, growing at a CAGR (Compound Annual Growth Rate) of 8.00% from 2022 to 2028.

The increased need to improve cleanliness in hospitals, clinics, and ambulatory surgery centers to stop the transmission of diseases (COVID-19) among patients and staff is the cause of the rising need for high-quality Surface Disinfectants worldwide. Additionally, the industry is driven by increased laboratories, government initiatives, and public awareness of personal hygiene. Furthermore, people's growing disposable incomes are driving factors in the expansion of the market for Surface Disinfectants. Additionally, the WHO advises using disinfectants that are safe for the environment, biodegradable, and have little to no volatile organic compounds. Therefore, the mounting demand for environmentally friendly disinfectants is the critical element propelling the Surface Disinfectant Market's revenue growth.

Key Highlights from Report

· Based on Composition, the Alcohols segment now holds the largest market share in the Surface Disinfectant Market and will keep that position during the projection period. Demand for alcohol-based Surface Disinfectants will increase due to their great efficiency against different germs.

· The sector for Hospital Settings had the highest CAGR among end-use industries during the predicted period. The prevalence of hospital-acquired infections has increased, which has resulted in greater use of these disinfectants in healthcare institutions.

· In terms of geography, the North America share in the Surface Disinfectant Market belongs to the largest region. This is a result of the effective healthcare system and the rise in COVID-19 cases, which has caused an increase in the use of Surface Disinfectants.

Market Dynamics

The COVID-19 pandemic's impact on hygiene awareness, the soaring demand for environmentally friendly Surface Disinfectants, rising healthcare costs, and an increase in hospital surgeries all contribute to the increased use of Surface Disinfectants. This is to prevent infection, ensure the safety of healthcare workers and patients, maintain hygiene, and provide high-quality patient care. Disinfectants are antimicrobial substances used to kill or inactivate bacteria on the surface of non-living items. Regular use of Surface Disinfectants can effectively stop the spread of infectious diseases caused by these germs, including Covid 19. Additionally, the COVID-19 outbreak has compelled people to practice sanitizing daily-use items that come into touch with people to lessen the virus's impact. This has increased consumer demand for these goods.

Furthermore, the guidelines and rules that governments apply to maintain sanitation at restaurants, local shops, and hospitals will cause a massive increase in demand for these disinfectants. Utilizing eco-friendly or green solutions protects users from chemical exposure; thus, green cleaning supplies lower the danger of developing asthma, which in turn is propelling the market sales escalation.

Geographically, the North America is anticipated to lead the Surface Disinfectant Market in the coming years with the highest growth rate due to the rising burden of chronic diseases and surgeries, along with initiatives taken by public organizations and market players, as well as approval from the regulatory bodies. Furthermore, the prevalence of chronic illnesses, including cancer, cardiovascular disease, and others, necessitates prolonged hospital stays and surgery. Also, the COVID-19 outbreak has significantly boosted the need for Surface Disinfectants. In addition, the introduction of novel disinfection technologies and their expanding commercial and industrial applications, rising consumer demand for personal hygiene, household cleaning, and disinfection products, and high consumer per capita income drive the regional market.

The Global Surface Disinfectant Market is Segmented as follows

• Compositions
  • Alcohols
  • Chlorine Compounds
  • Quaternary Ammonium Compounds
  • Hydrogen Peroxide
  • Peracetic Acid
  • Other Compositions
• Types
  • Liquids
  • Wipes
  • Alcohol-based wipes
  • Quaternary Ammonium Compound-based Wipes
  • Sprays
  • Other Types
• Applications
  • Surface Disinfection
  • Instrument Disinfection
  • Other Application
• End Users
  • Hospital Settings
  • Diagnostic Laboratories
  • Pharmaceutical and Biotechnology Companies
• Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

List of the Key Players of the Global Surface Disinfectant Market is

PDI Inc. (US), GOJO Industries Inc. (US), W.M. Barr & Co. Inc. (US), Spartan Chemical Company Inc. (US), W.W. Grainger Inc. (US), CareNow Medical Pvt. Ltd., Reckitt Benckiser Group PLC (UK), PaxChem Ltd. (India), BODE Chemie GmbH (Germany), Star Brands Ltd. (UK), The 3M Company (US), Ecolab (US), Procter & Gamble (US), The Clorox Company (US), Whiteley Corp. (Australia), Lonza Group AG (Switzerland), SC Johnson Professional (US), BASF SE (Germany), Evonik Industries AG (Germany), Kimberley-Clark Corp. (US), Medline Industries Inc. (US)

The Global Surface Disinfectant Market Scope can be Tabulated as below