The market for surface disinfectants was boosted by the development of newly created surface disinfectant products with improved surface disinfectant efficiency, increased cleaning procedures for maintaining hygiene and preventing the spread of infectious diseases, as well as increased usage of surface disinfectants in a variety of sectors, including household, healthcare, education, and other. The government has increased its expenditure in creating tight laws and regulations governing how cleaning must be done to protect public health and hygiene due to rising consumer demand over the forecast period.
Data Bridge Market Research shows that the Surface Disinfectant Market accounted for USD 2.9 billion in 2021, expected to reach USD 5.46 billion by 2029. The market is expected to grow with a CAGR of 8.22% from 2022 to 2029.
"Rise in The Number of Government Initiatives for Spreading Consumer Awareness Will Aid Growth"
Governments have taken numerous steps to educate the public about maintaining good hygiene. The COVID-19 epidemic increased consumer awareness of the importance of upholding a basic level of hygiene in all places. Unsanitary conditions impact many diseases and are also a source of their spread. Because of these government regulations, rising hygiene awareness has boosted the need for surface disinfectants and is anticipated to expand the market.
What restraints the growth of the Surface Disinfectant Market?
"Environmental Risks Connected with Surface Disinfectants Are Expected to Hamper the Market's Growth"
The market's growth pace may be in part restrained by end users' ignorance of how to use conventional surface disinfection solutions. A significant barrier for the industry participants functioning in this market is the availability of alternative technologies and products and the health and environmental risks of surface disinfectants. Many chemical disinfectants that are now used have hazardous qualities. It is hazardous for building inhabitants and cleaning staff because of its toxicity when released into the environment and damage to numerous surfaces. The market constraints listed above will slow the market's rate of expansion.
Segmentation: Surface Disinfectant Market
The surface disinfectant market is segmented based on composition, type, application, and end-user.
- Based on composition, the surface disinfectant market is segmented into alcohols, chlorine compounds, quaternary ammonium compounds, hydrogen peroxide, and peracetic acid.
- The surface disinfectant market is segmented by type into liquids, wipes, and sprays.
- Based on application, the surface disinfectant market is segmented into surface disinfection, instrument disinfection, and others.
- Based on end user, the surface disinfectant market is segmented into hospital settings, diagnostic laboratories, pharmaceutical and biotechnology companies, research laboratories.
Regional Insights: North America is expected to dominate the Surface Disinfectant Market
North America is expected to dominate the market because there is a growing need for surface disinfectants in this area. North America dominates the global market for surface disinfectants due to rising hospital-acquired illness rates and strict government regulations on the use of disinfectants in this region.
In addition, the Asia-Pacific region is likely to register the highest growth rate during the forecast period of 2022 to 2029 due to rising consumer disposable income, an aging population, industry, and the region's quick urbanization.
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Recent Developments in Surface Disinfectant Market
- In 2020, Pal International announced the launch of its new Pal TX Surface Disinfectant Wipes product line. The current requirements for Maximum Residual Levels (MRLs) for surface disinfectants in the food sector drove the development of these new wipes. The company's sales and market demand have increased due to the newly announced product.
The Prominent Key Players Operating in the Surface Disinfectant Market Include:
- Dr. Deppe GmbH (Germany)
- Reckitt Benckiser Group plc (U.K)
- Codi Group (Netherlands)
- Dreumex (Netherlands)
- RCP Ranstadt GmbH (Germany)
- The Hygiene Company (U.K)
- Uniwipe Europe Ltd (U.K)
- KCWW (US)
- Ecolab (U.S)
- CleanWell, LLC. (U.S)
- Seventh Generation Inc (U.S)
- The Claire Manufacturing Company (U.S)
- Parker Laboratories (U.S)
- GOJO Industries, Inc. (U.S)
- Stepan Company (U.S)
- Whiteley (U.S)
- Linghai Zhan Wang Biotechnology Co., Ltd. (China)
- Jainam Invamed Private Limited (India)
- Hangzhou Wipex Nonwovens Co, Ltd. (China)
Above are the key players covered in the report, to know about more and exhaustive list of surface disinfectant market companies contact, https://www.databridgemarketresearch.com/ru/contact
Research Methodology: Global Surface Disinfectant Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.