Surface Disinfectant Market worth USD 6.3 Bn. by 2029 Market Size, Share, Trends, Competitive Landscape, Key Players Benchmarking, MMR Competition Matrix, and Market Outlook to 2029
Pune, 6 Dec 2022: According to the Surface Disinfectant Market report published by Maximize market Research, Surface Disinfectant Market size was valued at USD 3.2 Bn. in 2021 and the total Surface Disinfectant revenue is expected to grow by 9% from 2022 to 2029, reaching nearly USD 6.3 Bn.
Surface Disinfectant Market Overview
An anti-microbial substance known as a surface disinfectant is used to eliminate any viruses or microorganisms that may be present on various surfaces. The industry is seeing a sharp increase in demand for surface disinfectants as a result of the prevalence of infectious diseases around the world. They aid in eradicating germs from surfaces such as toilets, floors, tiles, and furniture. In clinics and hospitals, where sanitation and cleanliness are crucial, there is a greater demand for surface disinfectants.
Surface Disinfectant Market Scope and Research Methodology
The MMR study was conducted using an objective combination of primary and secondary information including inputs and validations from real-time industry experts. An in-depth product and revenue analysis are performed on top Surface Disinfectant industry players along with their business and geography segmentation. Receive primary inputs from subject matter experts working across the Surface Disinfectant value chain in various designations. We often use paid databases like faostat for any additional data requirements or validations. In-house experts utilizing sophisticated methods including data triangulation, will connect the dots and establish a clear picture of the current Surface Disinfectant market conditions, market size, and market shares.
MMR study the value chain, parent and ancillary markets, technology trends, recent developments, and influencing factors to identify demand drivers/variables in the short, medium, and long term. Various statistical models including correlation analysis are performed with careful analyst intervention to include seasonal and other variables to analyse different scenarios of the future surface disinfectant market in different countries. These primary numbers, assumptions, variables, and their weightage are circulated to the expert panel for validation and a detailed standard report is published in an easily understandable format.
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Surface Disinfectant Market Dynamics
In hospitals, operating rooms, and other facilities that utilise surface cleaning products to stop the transmission of coronaviruses, the usage of surface disinfectants has grown quickly. Organizations must also abide by the laws and guidelines set forth by the government with regard to employee health. The disinfectant market must be inventive, not negatively impact the environment, and simultaneously maintain worker safety if it is to advance. Additionally, the substance is increasingly used in the food business, growing the market. Due to its simplicity of use and water-free nature, the wipes category commands the market in terms of kind. Wipes are most frequently used to clean medical equipment.
Furthermore, because they are pricey, the most of them are utilised in industrialised nations with considerably higher discretionary income. Hospital-acquired infections are illnesses that a patient contracts while being treated there (HAIs). Such infections may develop as a result of an unclean environment, a lack of sensitization, and other circumstances. HAIs are avoided by routinely cleaning medical equipment with surface disinfectants. The market for surface disinfectants is driven by the ongoing requirement to sanitise medical equipment and hospital surfaces. Furthermore, it is projected that HAI would present strong growth potential during the forecast period.
Surface Disinfectant Market Regional Insights
North America is expected to dominate the market for surface disinfectant thanks to the increasing burden of chronic diseases & surgeries coupled with initiatives taken by public organizations and market players. With the spread of COVID-19, the demand for surface disinfectants has significantly increased. For example, in March 2020, the Environmental Protection Agency (EPA) of the United States published an enlarged list of EPA-registered disinfection treatments that have met the requirements for use against SARS-CoV-2, featuring around 200 extra products and 40 new products.
Surface Disinfectant Market Segmentation
o Ammonium Compounds
o Oxidizing Agents
- In House
- Hotel/Restaurants/Cafes (HORECA)
- Educational Institutes
- Food Processing Industries
Surface Disinfectant Market Key Competitors:
- Reckitt Benckiser Group PLC
- PaxChem Ltd.
- BODE Chemie GmbH
- Star Brands Ltd.
- The 3M Company
- Medline Industries, Inc.
- PDI, Inc.
- GOJO Industries, Inc.
- W.M. Barr
- Spartan Chemical Company, Inc.
- W.W. Grainger, Inc.
- Procter & Gamble
- The Clorox Company
- Whiteley Corp.
- SC Johnson Professional
- BASF SE
- Evonik Industries AG
- Kimberley-Clark Corporation (KCWW)
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Key questions answered in the Surface Disinfectant Market are:
- What is Surface Disinfectant?
- What is the growth rate of Surface Disinfectant Market for the forecast period?
- What is the nature of competition in Surface Disinfectant industry in developed economies and developing economies?
- Who are the key players in the Surface Disinfectant Market?
- Who are the market leaders in Surface Disinfectant in Europe
- Who are the market leaders in Surface Disinfectant in USA and Canada
- Who are the market leaders in Surface Disinfectant in India, China, Japan and South Korea?
- What are the factors affecting growth in the Surface Disinfectant Market?
- Who held the largest market share in Surface Disinfectant Market?
- What are the factors for the growth of Asia-Pacific region in Surface Disinfectant Market?
- Market Share, Size & Forecast by Revenue | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by Route of administration, Application, Facility of use and Region and Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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