Surface Disinfectant Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

[220+ Pages Report] According to the report published by Facts Factors, the global surface disinfectant market size was worth around USD 800.00 million in 2019 and is predicted to grow to around USD 1400.00 million by 2026 with a compound annual growth rate (CAGR) of roughly 8.0% between 2020 and 2026. The report analyzes the global surface disinfectant market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the surface disinfectant market.

This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the surface disinfectant industry. The report analyzes and declares the historical and current trends analysis of the surface disinfectant industry and subsequently recommends the projected trends anticipated to be observed in the surface disinfectant market during the upcoming years.

The surface disinfectant market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire surface disinfectant market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) and volume (Kilotons) from FY 2016 – 2026.

Key Insights from Primary Research

• As per our primary respondents, the China surface disinfectant market is set to grow annually at a rate of around 8.0%
• It was established through primary research that the U.S. surface disinfectant market was valued at more than USD 800.00 million in 2019
• The increasing demand for surface disinfectants from various industries in China is supposed to display the highest growth in the regional market as it is one of the developed economies.
• North American region accounted larger share of around 35.0% of the surface disinfectant market in 2019.
• In 2019, the segment of liquid form led the industry and held around 60.0% of the global share. Liquid disinfectants are efficient against numerous forms of microbes that cause intracellular and respiratory disorders and injuries. These disinfectants are often used in routine hygiene processes as they can easily monitor the spread of bacteria, such as regular disinfection of pipes, utensils, and surfaces.
• The Asia Pacific is witnessing significant growth in the global demand for surface disinfectants due to numerous aspects with increased incidences of infectious disease across the country, as well as an increased understanding of the aids of surface disinfectants. The regional administration is strongly engaged in setting up quality healthcare facilities with a specific focus on cleanliness and public health.

Key Recommendations from Analysts

• Innovation in surface disinfectants is supposed to fuel market growth. Companies are supposed to invest in R&D to innovate better products. Product invention will open new opportunities for surface disinfectants and thus is expected to propel the industry demand in the upcoming years.
• There is a huge demand for surface disinfectants in developing regions such as the Asia Pacific, which is driving the laboratories, and hospital centers in the regions.
• North American region is anticipated to have a larger share of the surface disinfectant market through 2026 in terms of demand, followed by Europe and the Asia Pacific.
• China's surface disinfectant market is anticipated to rise at the highest rate between 2020 and 2026.
• Growing at a CAGR of around 8.0%, China's surface disinfectant market offers several opportunities for all of the involved investors crosswise the entire value chain
• Because of the significant use of surface disinfectants in the healthcare sector, the healthcare market is expected to grow at a reasonably high CAGR.

Global Surface Disinfectant Market Revenue Share In 2019– By Application

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the surface disinfectant industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the surface disinfectant industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the surface disinfectant market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the surface disinfectant industry. The surface disinfectant market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the surface disinfectant sector. Key strategic developments in the surface disinfectant market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the surface disinfectant market are appropriately highlighted in the report.

The global surface disinfectant market is experiencing significant growth that is expected to continue over the upcoming years. A massive rise in the demand for surface disinfectants in the healthcare industry sectors is likely to act as a key driver of the global surface disinfectant market.

The surface disinfectant market research report delivers an acute valuation and taxonomy of the surface disinfectant industry by practically splitting the market on the basis of different compositions, types, applications, end-user, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.

Report Scope

The regional segmentation of the surface disinfectant industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the surface disinfectant industry is provided for the leading economies of the world.

The surface disinfectant market is segmented based on composition, type, application, and end-user. On the basis of composition segmentation, the market is classified into alcohol, chlorine compounds, quaternary ammonium compounds, hydrogen peroxide, peracetic acid, and other compositions. On the basis of type segmentation, the market is classified into liquids, wipes, and sprays. On the basis of application segmentation, the market is classified into surface disinfection, instrument disinfection, and other applications. In terms of end-user segmentation, the market is bifurcated into hospital settings, diagnostic laboratories, pharmaceutical & biotechnology companies, and research laboratories.

Some of the essential players operating in the surface disinfectant market, but not restricted to include

•  Cantel Medical Corporation
•  3M Group
•  The Clorox Company
•  Procter & Gamble
•  Ecolab Inc.
•  Diversey Inc.
•  Reckitt Benckiser Group plc.
•  CarrollCLEAN
•  STERIS plc
•  Whiteley Corporation
•  Metrex Research LLC.
•  PAUL HARTMANN AG
•  GOJO Industries Inc.
•  Pharmax Limited
•  Medline Industries Inc.
•  Betco
•  PDI Inc.
•  MEDALKAN
•  GESCO Healthcare Pvt. Ltd.
•  Contec Inc.
•  Ruhof
•  Micro-Scientific LLC
•  Cetylite Inc.
•  Pal International

The taxonomy of the surface disinfectant industry by its scope and segmentation is as follows:

Composition Analysis

• Alcohols
• Chlorine Compounds
• Quaternary Ammonium Compounds
• Hydrogen Peroxide
• Peracetic Acid
• Other Compositions

Type Analysis

• Liquids
• Wipes
• Sprays

Application Analysis

• Surface Disinfection
• Instrument Disinfection
• Other Applications

End-User Analysis

• Hospital Settings
• Diagnostic Laboratories
• Pharmaceutical & Biotechnology Companies
• Research Laboratories

Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa