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Allied Market Research

Surface Disinfectant Market: Global Opportunity Analysis and Industry Forecast 2020-2027

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Dec 2020 | 63 Views
 
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Surface Disinfectant Market Analysis 2020-2027:

Surface disinfectants are substances that inhibit the growth of microorganisms, such as bacteria, present on the surface. They also play an important role to prevent infection. As the rate of infectious diseases increases globally, the market for surface disinfectants grows rapidly. They help to kill germs on floor, tiles, washroom, furniture, and other surfaces. The demand for the product is more in hospitals and clinics where cleanliness and sanitation are essential.

Market scope and structure analysis:

                 Report Metric

                                         Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020-2027

  Forecast unit

  Value (USD Million)

  Segments covered

  Type, Composition, Application, End User

  Regions covered

North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM), and the Middle East and Africa

  Companies covered

3M Company, Cantel Medical, the Clorox Company, Ecolab
Johnson & Johnson, Procter & Gamble, Reckitt Benckiser Group PLC, Diversey, Inc., Steris Corporation, CarroLLClean, Metrex Research, LLC, Whiteley Corporation, and Gojo Industries, Inc.

 

COVID-19 scenario:

  • The emergence of COVID-19 situation is adversely impacting the growth of several industries; however, it is offering profitable growth opportunities to the surface disinfection market. 
  • Disinfection products have witnessed sudden spike during the COVID-19 situation as alcohol-based disinfectants are considered highly effective to kill coronavirus on any surfaces.
  • Increased surface cleaning activities and mandated use of disinfectants drive the growth of the market.     

Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis:

The market growth of surface disinfectant is expected to increase rapidly due to the outbreak of the pandemic. The use of surface disinfectants has grown suddenly with the rapid increase in number of hospitals, surgical operations, and others using surface cleaning agents to prevent the spread of coronavirus. Furthermore, organizations need to comply with the government’s rules & regulations regarding health concerns of the worker. The disinfectant market needs advancement, which would not have adverse effect on the environment while keeping the workers’ safety in mind. In addition, the product is now used in the food industry, thereby offering lucrative opportunities to expand the market as well as demand. On the basis of type, the wipes segment is the market leader, owing to its attributes such as ease of use and zero water consumption. Wipes are majorly used to disinfect medical device. Moreover, as they are expensive, they are mainly used in developed countries that have relatively more disposable income. 

Infections that one get during a patient’s visit and stay at the hospitals are called hospital acquired infections (HAIs). Such infections can be caused due to unhygienic environment, poor state of sensitization, and other factors. To prevent HAIs, surface disinfectants are utilized on a regular basis by cleaning the surface of medical devices. This continuous need of cleaning medical devices and hospitals surfaces is one of the major market drivers of the surface disinfectant market. The growing prevalence rate of HAI is further anticipated to offer healthy growth opportunities over the forecast period. Moreover, growing awareness related to home cleanliness and need for disinfection drive the adoption of surface disinfectants. In addition, the emergence of COVID-19 has propelled sudden demand for all disinfectants, including surface disinfectants.

Disinfectants currently available in the market contain toxic properties. They affect the human respiratory system, are corrosive, and can harm the environment as well. Therefore, they should be used properly with utmost care so that they do not affect the environment and humans. In addition, toxicity associated with disinfectants is the key factor that hampers the market growth.  

Key developments

Many developments are made to find alternatives of surface disinfectants and their effect on the environment. After various researches, alternative products, such as UV light technology, atmospheric plasma, and vaporized hydrogen peroxide, are under process. Although these alternative technologies are cost-effective and face many challenges, but their outcomes are expected to be effective.

Key segments covered:

                Segments

                                 Sub-segments

  Type

 

  • Liquids
  • Wipes
  • Sprays
  • Others

  Composition

  • Alcohols
  • Chlorine Compounds
  • Hydrogen Peroxide
  • Quaternary Ammonium Compounds
  • Peracetic Acid
  • Others

  Application

  • In-house Surfaces
  • Instrument Disinfection
  • Others

  End User

  • Diagnostic Laboratories
  • Hospitals
  • Research Laboratories
  • Pharmaceutical Industry
  • Biotechnology Industry

 


Key benefits of the report:

  • This study presents the analytical depiction of the surface disinfectant market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the surface disinfectant market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the surface disinfectant market growth scenario.
  • The report provides a detailed surface disinfectant analysis based on competitive intensity and how the competition will take shape in coming years. 

Questions answered in the surface disinfectant research report:

  • Which are the leading market players active in the market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
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