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Surface Disinfection Market Expected to Reach $5.6 Billion by 2032

 
2022
Surface Disinfection Market

Report Code : A189176

quote The global surface disinfectant market is expected to possess high growth potential in the coming years, due to rise in geriatric population and subsequent growth in the prevalence of chronic diseases. However, stringent regulations for the use of surface disinfectants hamper market expansion. In addition, the surge in use of surface disinfectants in the food and beverage industry provides the market with lucrative opportunities. quote

Yerukola Eswara Prasad - Manager
Materials and Chemicals at Allied Market Research

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According to a new report published by Allied Market Research, titled, “Surface Disinfection Market," The surface disinfection market was valued at $2.7 billion in 2022, and is estimated to reach $5.6 billion by 2032, growing at a CAGR of 7.4% from 2023 to 2032. Asia-Pacific is projected as the fastest-growing region with a CAGR of 8.1% 

Introduction

Surface disinfectant is a chemical solution that eliminates or reduces the presence of pathogens on surfaces, preventing the spread of infections. These antimicrobial agents come in various forms, such as liquids and wipes, with active ingredients such as alcohol or quaternary ammonium compounds determining their efficacy. Surface disinfectants exhibit antimicrobial activity, effectively targeting bacteria, viruses, and fungi. These are widely used in healthcare, households, and industries to maintain hygiene. They are applied to surfaces such as countertops, medical equipment, and high-touch areas to reduce the risk of infections.

Market Dynamics

Rise in geriatric population and growth in the prevalence of chronic diseases drives the surface disinfectant market growth. According to the World Health Organization (WHO), the geriatric population is increasing at a rapid pace. By 2050, the world’s population of people aged 60 years and older is expected to double (2.1 billion). As the global population ages, there is a proportional increase in the number of individuals susceptible to chronic health conditions, creating an increased demand for effective infection control measures. The prevalence of chronic diseases was estimated at 57% globally in 2020, according to the WHO. Each year, 41 million people succumb to death due to chronic diseases (71% of all deaths globally). The elderly are more vulnerable to infections due to weakened immune systems, making stringent hygiene practices, including the use of surface disinfectants, essential in healthcare settings, long-term care facilities, and even at home.

The geriatric population is particularly prone to chronic diseases such as cardiovascular conditions, respiratory disorders, and diabetes, which requires frequent medical interventions. This increased interaction with healthcare environments amplifies the risk of hospital-acquired infections (HAIs). Surface disinfectants play a significant role in preventing the transmission of pathogens in healthcare settings, contributing to a safer environment for both elderly patients and healthcare professionals.

Moreover, the prevalence of chronic diseases among the aging population often requires prolonged stays in medical facilities and rehabilitation centers, where maintaining a sterile environment is important. Surface disinfectants become integral tools in mitigating the risk of infections associated with extended hospitalizations. Thus, increase in geriatric population and rise in the occurrence of chronic diseases are expected to boost the surface disinfectant market size during the forecast period.

Stringent regulations for surface disinfectants restrain the growth of the surface disinfectant industry. Governments and regulatory bodies globally have implemented strict guidelines to ensure the safety, efficacy, and environmental impact of surface disinfectants. The surface disinfectant market analysis shows that these regulations cover aspects such as formulation, labeling, packaging, and permissible active ingredients. Compliance with these stringent standards often requires significant investments in research and development, testing, and documentation, contributing to a rise in production costs. Moreover, the approval process for new disinfectant products is time-consuming, delaying market entry and product availability.

In addition, the complexity and variability of regulations across different regions and countries pose a challenge for companies operating on a global scale. Non-compliance with these regulations leads to legal repercussions, fines, and damage to a company's reputation, further intensifying the impact of regulatory constraints.

Moreover, the surface disinfectant market trends show that stringent regulations limit the types and concentrations of active ingredients permissible in surface disinfectants, potentially affecting their efficacy. The need to strike a balance between compliance and effectiveness adds a layer of complexity to product development. Thus, strict guidelines for the use of surface disinfectants hinder market growth.

The utilization of surface disinfectants in the food and beverage industries presents a substantial growth opportunity for the surface disinfectant market. In these sectors, maintaining stringent hygiene standards is crucial to ensure the safety of consumable products and prevent the spread of foodborne illnesses. Surface disinfectants play a key role in eliminating pathogens and bacteria that are present on food processing equipment, preparation surfaces, and storage areas. As food safety regulations become increasingly stringent, there is a surge in demand for effective disinfection solutions within the food and beverage production chain. The adoption of robust hygiene practices protects the quality and integrity of food products and addresses public health concerns.

Moreover, the global emphasis on health and safety, coupled with the awareness of infectious diseases, has increased the need for rigorous sanitation practices in the food industry. Thus, lucrative use of surface disinfectants in the food and beverage industry presents an excellent growth opportunity for an increase in the surface disinfectant market share.

Segments Overview

The surface disinfectant market is segmented on the basis of composition, type, application, and region. On the basis of composition, the market is classified into alcohols, chlorine compounds, quaternary ammonium compounds, hydrogen peroxide, peracetic acid, and others. Depending on the type, the market is divided into liquids, wipes, and sprays. On the basis of the application, the market is segregated into surface, instrument, and others. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

On the basis of composition, the surface disinfectant market is classified into alcohols, chlorine compounds, quaternary ammonium compounds, hydrogen peroxide, peracetic acid, and others. Alcohols is projected to be the fastest-growing segment and has garnered the highest share in the surface disinfectant market.

On the basis of type, the surface disinfectant market is classified into liquids, wipes, and sprays. Liquids is projected to be the fastest-growing segment and has garnered the highest share in the surface disinfectant market.

On the basis of application, the surface disinfectant market is classified into surface, instrument, and others. Surface is projected to be the fastest-growing segment and has garnered the highest share in the surface disinfectant market.

Regional Analysis

Region-wise, North America is projected to register robust growth during the forecast period. According to the Commonwealth Fund, in 2021, the U.S. spent 17.8% of its gross domestic product (GDP) on health care, nearly twice as much as the average OECD country. Health spending per person in the U.S. was nearly two times higher than in the closest country, Germany, and four times higher than in South Korea.

The major players operating in the global surface disinfectant market are 3M, BASF SE, Ecolab, LANXESS, Lonza, P&G, PAUL HARTMANN AG, PaxChem Ltd., Reckitt Benckiser Group plc., and Spartan Chemical Company, Inc. Other players include Amity International, carenowmedical, CleanWell, LLC., Codi Group, Medline Industries, LP, Nuvik UK Ltd, Parker Laboratories, Inc., STERIS plc, The Clorox Company, and Whiteley.

Key Findings of the Study:

  • On the basis of composition, the alcohols segment is expected to grow at a CAGR of 8.0%, in terms of revenue, during the forecast period.
  • On the basis of type, the liquids segment is expected to be the fastest growing segment, during the forecast period.
  • On the basis of application, the surface segment is expected to grow at a CAGR of 7.6%, in terms of revenue, during the forecast period.
  • Region-wise, North America garnered a major share in 2022 in terms of revenue.

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quote Surface Disinfection Market by Composition (Alcohols, Chlorine Compounds, Quaternary Ammonium Compounds, Hydrogen Peroxide, Peracetic Acid, Others), by Type (Liquids, Wipes, Sprays), by Application (Surface, Instrument, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032 quote

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