Surface Disinfectant Market: Global Industry Analysis and Forecast (2021-2029) Trends, Statistics, Dynamics, Segment

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:
Surface disinfectants are chemical compounds that are used to destroy or inactivate germs on a solid surface. These disinfectants are found in a variety of chemical compounds and function in a variety of ways to kill microbes. They are used in a variety of forms, including liquids, wipes, and sprays. Raising awareness about sanitization, health, and safety; increasing the prevalence of chronic illness; increasing the number of surgeries in healthcare facilities; a growing number of health clubs and gyms; growing tourism industry globally; and recent outbreaks of infectious diseases are the key factors driving the global surface disinfectant market. Furthermore, the introduction of novel disinfection products as well as growing economies present enormous prospects for market participants. However, end-users lack of understanding of proper disinfection techniques limits the market's growth to some extent. Similarly, the availability of alternative goods and technologies, as well as the environmental and health risks connected with disinfectants, represent significant challenges to market participants.
Report Scope:
The report on Surface Disinfectant provides a quantitative analysis of market size, price, M&A, demand, supply chain, investment and expansion plans by key competitors, and predictions. Porter's five forces study explains how buyers and suppliers build supplier-buyer networks and make profit-driven decisions. The present Surface Disinfectant Market potential is assessed through detailed analysis and segmentation. The analysis will provide investors with a full insight into the industry's future, as well as the elements likely to affect the firm favorably or adversely.

The research offers a complete understanding of the Surface Disinfectant market for those investors wishing to invest. This study contains scenarios for the Surface Disinfectant Market from the past and present, along with projected market numbers. The report's thorough analysis of important competitors, including market leaders, followers, and new entrants, covers every aspect of the market. The research contains strategic profiles of the top market participants, a full examination of their key competencies, and their company-specific plans for the introduction of new products, growth, partnerships, joint ventures, and acquisitions. With its clear portrayal of competitive analysis of significant companies by product, pricing, financial condition, product portfolio, growth strategies, and regional presence in the domestic as well as the local market, the research acts as an investor's guide.To know about the Research Methodology:-Request Free Sample Report
Surface Disinfectant Market Dynamics:
Market Drivers:

Increased demand for disinfectants

Several causes are ascribed to the increase, including changes in lifestyle in emerging nations, increased knowledge of animal illnesses among livestock producers, and increased demand for disinfectants for use in livestock farms. An increase in demand for cleaning products, sanitizers, and disinfectants, on the other hand, is likely to boost the market growth. The raw ingredients utilized in the manufacturing of surface disinfectants are predominantly petroleum byproducts. These raw material elements are mostly sourced by local producers in the developed economies of Europe, North America, and China. The industry has recently seen a movement toward the use of biodegradable surface disinfectants for reducing chemical-related toxicity. The basic chemicals needed for biodegradable surface disinfectants are less expensive and more readily available. Surface disinfectants consume a low to moderate price increase; nevertheless, the unexpected increase in demand caused by the COVID-19 pandemic has resulted in supply bottlenecks, which has led to a price increase in 2020, with the impact expected to endure at least through the first half of 2021.

Other factors driving Surface Disinfectant market growth include an increase in hospital-acquired infections, an increase in the frequency of chronic illnesses, and an increase in the number of surgical operations. According to research released in February 2020 titled "Healthcare-Associated Infections—A New Pathology in Medical Practice?” around 50.2% of hospital-acquired infections originate in the critical care unit. Surface disinfectants are quite important in avoiding these illnesses. As a result of the increasing burden of HAIs, the market is likely to grow during the forecast period. The growing incidence of chronic and infectious disorders is expected to drive the market. According to the Global Cancer Observatory (GLOBOCAN) 2020, the predicted global prevalence of cancer in 2020 was 19,292,795. Asia accounted for 9,503,715 of the total prevalent cases, Europe accounted for 4,398,445, North America accounted for 2,556,865, Latin America and the Caribbean accounted for 1,470,275, and Africa accounted for 1,109,219. The rising cancer prevalence is predicted to increase the number of operations, driving up demand for surfactant disinfectants in healthcare settings.

Additionally, strategic initiatives implemented by End-use participants are expected to boost the Surface Disinfectant market growth. Unilever, for example, collaborated with LanzaTech and India Glycols in April 2021 to develop a surfactant generated from industrial carbon emissions rather than fossil fuels. Moreover, BASF announced a collaboration agreement with Allied Carbon Solutions Co., Ltd. (ACS) Japan in March 2021 to improve its worldwide presence in bio-based surfactants and actives. Owing to the aforementioned reasons and increased product releases, the market under consideration is expected to grow during the forecast period. However, difficulties with the sterilization and disinfection of modern medical tools, as well as the side effects associated with some hazardous chemicals, restrict the market growth during the forecast period.

Growing Concerns about Hospital-Acquired Infections to drive Surface Disinfectant

An increased prevalence of hospital-acquired illnesses drives the demand for surface disinfectants (HAIs). Hospital-acquired illnesses arise in patients throughout their hospitalization but are not detected at the time of admission. Infections caused by medical equipment and invasive devices include surgical site infections, catheter-associated infections, ventilator-associated pneumonia, and others. The consistent use of these disinfectants in healthcare institutions has resulted in a considerable drop in (Hals) occurrence. The requirements imposed by governmental entities to emphasize cleaning at healthcare institutions would increase demand, functioning as a market driver.

The increased emphasis by various governments on improving the quality of water supply is boosting the demand for water management chemicals, especially disinfectants. The market finds a favorable environment for development owing to the growing demand for fresh water and growing awareness about the detrimental effects of untreated water throughout the world. Moreover, a greater emphasis on research and development (R&D) activities shape the overall growth of the water treatment market in the forecast years. Because water disinfection is the most important purification stage in water treatment, surface disinfectants will be in high demand. Worsening conditions in countries such as Egypt, where per capita potable water consumption is decreasing year after year, boost wastewater reuse programs and efforts, resulting in greater demand for surface disinfection throughout the forecast period.

Surface Disinfectant Market Restraints:

Hazardous Chemical Handling

Disinfectants are made with chemicals that are damaging to both the environment and humans, such as hypochlorite, peroxides, and acetic acid. Sodium hypochlorite is a caustic, combustible material that may also cause burns, making its handling, storage, and transportation problematic and costly. Research undertaken by the National Center for Biotechnology Information (NCBI) discovered a significant frequency of chronic disorders generating serious health impacts among users. As a result, the aforementioned issues serve as restricting factors for this market.

Surface Disinfectant Market Opportunities:

Demand for Commercial and Hospitality Facilities

An increased urbanization and changing lifestyles of people have resulted in an increase in the number of commercials, hotels, and recreational areas. Government guidelines and laws to preserve hygiene in restaurants, cafés, and hospitals result in a large increase in demand for these disinfectants. Additionally, increased consumer awareness about the need of maintaining sanitation and hygiene standards in hospitality establishments drives the growth of the surface disinfectant market. Moreover, the emergence of COVID-19 has compelled individuals to perform the act of cleaning things that come into everyday touch with humans in order to reduce the virus's influence. This has increased demand for these items.
Surface Disinfectant Market Segment Analysis:
Based on Composition, The chemical composition category led the worldwide market in 2021, with a revenue share of more than 93.5%, and is expected to remain dominant during the forecast years. This is owing to an increase in the use of hydrogen peroxide in businesses such as food packing and hospitals to disinfect diverse surfaces. Additionally, the increasing use of quaternary ammonium compounds as well as alcohols is expected to boost market growth. There are two types of chemical surface disinfectants: oxidizing and non-oxidizing. Aldehydes, amphoteric phenolics, alcohol, and Quaternary Ammonium Compounds are examples of non-oxidizing disinfectants (QACs).

There are three categories of disinfectants: low level (QAC, Phenolic), intermediate level (iodine, alcohols, iodophor, hypochlorites), and high level (ortho-phthalaldehyde, hydrogen peroxide, peracetic acid, formaldehyde, glutaraldehyde). Because they are non-toxic, biodegradable, and environmentally benign, bio based surface disinfectants are seen as viable alternatives to their chemical equivalents. The FDA's clearance to employ bio based products in surface disinfectant formulations is likely to open up enormous potential prospects for industry participants. The growing application spectrum of bio based surface disinfectants, along with the high potential to replace chemical equivalents at cost-effective levels, is expected to generate profitable prospects for both existing and new market participants.Based on the Form, The global market has been subdivided into liquid, wipes, and sprays based on form. In 2021, the liquid form category led the global market with a revenue share of more than 68.00%. This large proportion is attributable to a wide range of liquid applications in both the industrial and domestic sectors, including kitchen fixtures, glazed ceramic tile, windows, and plastics, external surfaces of applications, vinyl, and glass. These surface disinfectants might be liquids or gels with low viscosity. Liquid disinfectants are hazardous antimicrobial or biocidal substances that are employed on polluted surfaces. Liquid bio-based surface disinfectants are commonly utilized.

Sodium hypochlorite is a typical liquid disinfectant used in the cattle business. It is an aqueous solution that is unaffected by the hardness of the water. These liquid disinfectants are used to prevent the spread of various illnesses as well as to cure cattle ailments. Wipes are wet plastic or fabric pieces. The wipes market is expected to increase at the quickest rate owing to its low risk of cross-contamination, simplicity, and low water usage. Wipes are used to disinfect equipment, particularly in hospitals where liquids and sprays are not practical.

Based on Application, The worldwide market has been further categorized based on applications into in-house, instruments, and others. In 2021, the in-house application category led the global market, accounting for more than 73.00% of global revenue. The category is expected to maintain its dominance during the forecast period, growing at the quickest CAGR. Its large share can be attributable to a significant increase in product demand for regular cleaning operations and sanitizing of the interiors of homes, particularly during the continuing pandemic scenario. Surfaces used in-house include industrial, commercial, and domestic surfaces.

The Centers for Disease Control and Prevention (CDC) has enforced various standards and guidelines for disinfection and cleaning procedures. This technique does not necessarily destroy or remove all germs, but it helps reduce the chance of illnesses and infections caused by viruses, fungi, and bacteria spreading. Surface disinfectants are also used in transportation and outdoor sanitation. Product demand for these applications has risen dramatically in recent years. Chemical-based surface disinfectants are expected to dominate the market since they are simple to use, inexpensive, and widely accessible.Based on End-use, The Hotel/Restaurants/Cafés (HORECA) end-use sector led the global market in 2021, accounting for more than 25% of total sales. During the forecast period, the category maintains its leading market position while increasing at the quickest CAGR. The segment's large share may be attributable to the increased requirement to clean and disinfect common spaces, swimming pools, bedrooms, lobbies, and so on in order to preserve hygiene in these places. Hospitals are especially significant end-users since they are the most susceptible to illnesses produced by viruses, bacteria, and fungi.

Regular and periodic disinfection of equipment, surfaces, and PPE kits is a high priority in hospitals, and this serves as a significant growth driver for the industry. Air travel is critical in the transmission of infectious illnesses. A large number of travelers from all over the world congregating in an enclosed place with relatively high contact rates increases the danger of infection. A sick individual can readily transfer viruses to co-passengers and airport personnel via luggage, direct contact, and touching several locations at the airport. As a result, airports must be cleansed by spraying disinfectants in public areas, airport lounges, jet bridges, and gates.
Surface Disinfectant Market Regional Insights:
North America dominates the market and is expected to continue its dominance during the forecast period. Because of the increasing burden of chronic diseases and surgeries, as well as actions done by public organizations and market reactors. With the outbreak of COVID-19, the need for surface disinfectants has skyrocketed. For example, in March 2020, the United States Environmental Protection Agency (EPA) announced an updated list of EPA-registered disinfection products that have qualified for use against SARS-CoV-2, which included around 200 extra items and 40 new products. Moreover, the growth in chronic conditions such as cardiovascular disease, cancer, and others necessitates longer hospital stays and procedures. For example, the American Health Association estimates that there will be around 33,356,875 hospital admissions in 2022.

Many of these admissions were owing to chronic conditions and crucial treatments such as heart bypass surgery. Owing to this, the rising number of hospital admissions is expected to increase the need for surface disinfectants, boosting the market in the area. Additionally, permission from regulatory organizations is aiding the market growth. For example, Pine-Sol gained permission from the United States Environmental Protection Agency (EPA) in September 2020 for Pine-Sol Original Multi-Surface Cleaner's claim to destroy SARS-CoV-2, the virus that causes COVID-19, on hard non-porous surfaces. As a result of the foregoing reasons, the studied market is expected to increase significantly in the North American area.
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Surface Disinfectant Market


Report Coverage
Details


Base Year:
2021
Forecast Period:
2022-2029


Historical Data:
2017 to 2021
Market Size in 2021:
US $ 3.2 Bn.


Forecast Period 2022 to 2029 CAGR:
9%
Market Size in 2029:
US $ 6.3 Bn.


 Segments Covered:
by Composition
• Chemical
o Alcohol
o Ammonium Compounds
o Oxidizing Agents
o Phenolics
o Aldehydes
o Others
• Biobased


by Form
• Liquid
• Wipes
• Sprays


by Application
• In House
• Instruments
• Others


by End-Use
• Hospitals
• Laboratories
• Households
• Hotel/Restaurants/Cafes (HORECA)
• Educational Institutes
• Malls
• Railways
• Airports
• Food Processing Industries
• Others



Surface Disinfectant Market by Region
• North America (United States, Canada and Mexico)
• Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe)
• Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC)
• Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
• South America (Brazil, Argentina, Columbia and Rest of South America)
Surface Disinfectant Market Key Players are:
•PaxChem Ltd.(India)
• Carenowmedical(India)
• BODE Chemie GmbH(Germany)
• BASF SE(Germany)
• Evonik Industries AG(Germany)
• Star Brands Ltd.(UK)
•Reckitt Benckiser Group PLC(UK)
• The 3M Company (US)
• Kimberley-Clark Corporation (US)
• Ecolab(US)
•Medline Industries, Inc.(US)
• PDI, Inc.(US)
• GOJO Industries, Inc.(US)
• W.M. Barr(US)
• Spartan Chemical Company, Inc.(US)
• Procter & Gamble(US)
• The Clorox Company(US)
• W.W. Grainger, Inc.(US)
• Whiteley Corp.(Australia)
• Lonza(Switzerland)

Frequently Asked Questions:

1] What segments are covered in the Global Surface Disinfectant Market report?
Ans. The segments covered in the Surface Disinfectant Market report are based on Composition, Form, Application, End-use and Region.

2] Which region is expected to hold the highest share in the Global Surface Disinfectant Market?
Ans. The North America region is expected to hold the highest share in the Surface Disinfectant Market.

3] What is the market size of the Global Surface Disinfectant Market by 2029?
Ans. The market size of the Surface Disinfectant Market by 2029 is expected to reach US$ 6.3 Bn.

4] What is the forecast period for the Global Surface Disinfectant Market?
Ans. The forecast period for the Surface Disinfectant Market is 2021-2029.

5] What was the market size of the Global Surface Disinfectant Market in 2021?
Ans. The market size of the Surface Disinfectant Market in 2021 was valued at US$ 3.2 Bn.