Surface Disinfectant - Market Insights, Competitive Landscape, and Market Forecast - 2030

Surface Disinfectant Market By Composition (Alcohols, Chlorine, Quaternary Ammonium Compounds, Aldehydes, And Others), By Type (Liquid, Wipes, And Sprays), By End-User (Hospitals And Clinics, Surgical Centers, And Others), and by geography is expected to grow at a steady CAGR forecast till 2030 owing to the stringent regulations by the government for the use of surface disinfectant markets & other disinfectant & sanitization products specifically after the onset of pandemic and the rising prevalence of hospitals acquired infections across the globe

The global surface disinfectant market was valued at USD 1.26 billion in 2023, growing at a CAGR of 8.62% during the forecast period from 2024 to 2030 to reach USD 2.06 billion by 2030. The surface disinfectant market is witnessing positive growth owing to various factors such as the stringent regulations for the use of surface disinfectant markets specifically after the onset of pandemic, the rising prevalence of hospitals acquired infections, the rising awareness about sanitization, health, and safety, and increasing number of hospital admissions and surgeries owing to the increasing patient pool suffering from chronic diseases, across the globe. Further, the increasing regulatory approvals and launches of the advanced surface disinfectant products will further increase the overall growth of the surface disinfectant market in the given forecast period. Therefore, the market for surface disinfectant market is estimated to grow at a significant CAGR during the forecast period from 2024 to 2030.

Surface Disinfectant Market Dynamics:

One of the main driver for the surface disinfectant market is the increasing prevalence of hospital acquired infections globally.

For instance, according to World Health Organization (WHO) 2022, it was estimated that hundreds of millions of people every year are affected by health care-associated infections (HAIs) across the globe, many of which are completely avoidable. As per the same source, it was reported that out of every 100 patients, 7 in developed and 15 in developing countries sufferes from hospital acquired infections. WHO also concluded that globally, 1 in every 10 affected patients dies of the hospital acquired infection. The increasing prevalence and mortality rate from the infection can be controlled by following proper protection and safety measures such as maintaining proper hand hygiene, wearing mask, gloves, disinfecting the area subjected to contamination, and following proper sterilization and disinfection of all the equipment used in the hospitals, owing to increase the demand of surface disinfectant markets.

Additionally, the rise in prevalence of chronic diseases like inflammatory bowel disease (IBD), gastroesophageal reflux disease (GERD), peptic ulcer disease, crohn's disease, diabetes, hypertension, cardiovascular disorders, cancer, and others will drive the market of surface disinfectant markets. According to the International Diabetes Federation, Diabetes Atlas 10th edition report 2022, globally 537 million adults (20-79 years) are living with diabetes. This number is predicted to rise to 643 million by 2030 and 783 million by 2045. The rising prevalence of chronic disease will also increase the number of surgical procedures. The increasing number of surgeries will increase the risk of hospital acquired infections. The transmission of infections can be ceased by following proper sterilization and disinfectant protocols using different disinfectant products such as surface disinfectant market wipes, sprays and others. Therefore, the rising number of surgical procedures owing to the rising prevalence of chronic disorders may increase the prevalence of hospital acquired infections ultimately increasing the demand of surface disinfectant market products.

Therefore, the factors stated above collectively will drive the overall surface disinfectant market during the forecast period from 2024-2030.

However, the toxicity produced by certain surface disinfectant market chemicals, availability of alternative technologies and products, and others, can hinder the global surface disinfectant market growth.

The COVID-19 pandemic have positively impacted the market for surface disinfectant market as the demand of the surface disinfectant markets increased in order to stop the spread of coronavirus infection. At initial stage, the market suffered downfall as the raw materials and other supplies was halted due to the imposition of the lockdown. However, with the increasing demand of surface disinfectant markets in order to curb the transmission of the infection, the market of the surface disinfectant market increased exponentially. Owing to the increasing demand of the product, the key players in the market increased the manufacturing of the product. Additionally, almost every disinfectant and sanitization products were classified under emergency products during the pandemic. Moreover, the demand of the surface disinfectant market increased owing to the increasing hospital admission of the patients suffering from coronavirus increased. Thus, all the above factors were responsible to spur the demand of the surface disinfectant markets during the pandemic and is anticipated to do the same during the forecast period of 2022 - 2028.

Surface Disinfectant Market Segment Analysis:

Surface disinfectant market by Composition (Alcohols, Chlorine, Quaternary Ammonium Compounds, Aldehydes, and Others), Type (Liquid, Wipes, and Sprays), End-User (Hospitals and Clinics, Surgical Centers, and Others), and Geography (North America, Europe, Asia-Pacific, and Rest of the World)

In the type segment of the surface disinfectant market, the wipes is expected to have a significant revenue share in the year 2023. This was primarily owing to the various advantages associated with the segment, and the rising number of product launches, across the globe. Moreover, the increasing cases of covid-19 infection increased the demand of the surface disinfectant market wipes.

Surface disinfectant market wipes are very convenient for the end-users as the wipes can help speed up the process of cleaning and disinfecting surfaces because they don't need any preparation before using them. Moreover, the disinfectants and other sterilization products contain various chemicals which could be toxic to humans. Since wipes come ready to use, the chemical is already diluted, lowering the risk of exposure. Also, the risk of splashing the disinfectant chemical to the skin, eyes, nose, or mouth will be reduced while using the surface disinfectant market wipe.

Additionally, the disinfecting solutions must always be used at the proper dilution for maximum efficacy. However, this drawback is omitted in surface disinfectant market wipes as the wipes are already pre-diluted. Along with this, disinfecting wipes lower the amount of chemical solution dispersed or released into the air when compared to other cleaning and disinfecting methods, like trigger sprayers and aerosols. Thus, the above-mentioned advantages will impel the demand of the surface disinfectant market wipes in the upcoming years.

The increasing product launches across the globe will increase the demand of surface disinfectant market wipes. For instance, in July 2022, Gojo Industries, the maker of Purell products, has launched its Purell Healthcare Surface Disinfecting Wipes and Purell Foodservice Surface Sanitizing Wipes in a convenient and portable 72-count flowpack format.

Therefore, due to the interplay of all the factors mentioned above, this can result in the rising demand for surface disinfectant market wipes, which in turn would provide a conducive growth environment for overall surface disinfectant market during the market forecast 2024-2030.

North America is expected to dominate the overall Surface Disinfectant Market:

Among all the regions, North America is expected to dominate the global surface disinfectant market in the year 2023 and is expected to do the same during the forecast period from 2024-2030. The rising prevalence of hospitals acquired infections and the increasing number of hospital admissions, surgeries owing to the increasing patient pool suffering from the chronic disorders, and the increasing regulations by the government for the use of surface disinfectant markets specifically after the onset of pandemic in the North America, is expected to drive the demand for the North America's surface disinfectant market during the forecast period of 2022 - 2028.

According to Centers for Disease Control and Prevention (CDC), 2020, it was estimated that between 2019 and 2020 in the United States about 24% increase is seen in central line-associated bloodstream infections (CLABSI) with largest increase in infections transmitted from ICU. From the above figures it can concluded that, the prevalence of hospital acquired infection is increasing in the region which can be controlled by following proper measures such as maintaining proper hand hygiene, wearing mask, gloves, disinfecting the area subjected to contamination using surface disinfeacnt sprays, wipes, and following proper sterilization and disinfection of all the equipment used in the hospitals, owing to increase the demand of surface disinfectant market products.

Further, according to Government of Canada 2022, by the year 2030 seniors are expected to over 9.5 million and make up 23% of Canadians. As per the same source, by 2036, the average life expectancy at birth for women will rise to 86.2 years from the current 84.2 and to 82.9 years from the current 80 for men. Geriatric patients are more susceptible to cancer and chronic ailments owing to the increased hospital admissions. The increasing hospital admissions of the geriatric patients may surge the risk of hospital acquired infections. The infection can be controlled by using sterilized and disinfectant hospital equipment's and by using various consumables like gloves, mask, hand sanitizers, surface disinfectant markets, and others. Thus, the rising number of geriatric patients will increase the number of hospitalization ultimately increasing prevalence of hospital acquired infection will increase the demand of infection control products such as surface disinfectant markets. Henceforth, increasing the overall market growth of the surface disinfectant markets in the forecast period in the region.

Further, the COVID-19 pandemic have also impacted the demand of the surface disinfectant market. The usage of disinfectant was higher in hospitals during the pandemic as the number of hospitalization increased during this time. Surface disinfectant markets kills viruses and bacteria on surfaces using chemicals. Thus, the transmission of viral infection can ceased by using surface disinfectant markets on the hospital equipment, thereby leading to increased demand of surface disinfectant markets in the market.

Therefore, the interplay of the aforementioned factors above would provide a conducive growth environment for the North American region in the surface disinfectant market, thereby propelling the overall market growth of the surface disinfectant market in the upcoming years.

Surface Disinfectant Market Key Players:

Some of the key market players operating in the surface disinfectant market include 3M, STERIS plc., Ecolab, Procter & Gamble, Metrex Research, LLC., ACURO ORGANICS LIMITED, Medline Industries, LP., Evonik Corporation, Sanosil LTD, The Clorox Company, SC Johnson Professional USA, Inc., PAUL HARTMANN AG, PDI EMEA Ltd., GOJO Industries, Inc., Spartan Chemical Company, Inc., Healthium Medtech Limited, Lonza., Whiteley, BASF SE, KIMBERLY-CLARK CORPORATION, and others.

Recent Developmental Activities in the Surface Disinfectant Market:

In December 2022, STERIS plc, one of the prominent leader in disinfectant and sanitization industry and Cantel Medical Corp, announced that STERIS has signed a definitive agreement to acquire Cantel, through a U.S. subsidiary. Cantel is a global provider of infection prevention products and services primarily to endoscopy and dental Customers

In August 2022, MicroCare, LLC a global supplier of critical cleaning fluids and materials used in the electronics, medical device manufacturing, fiber optic and metal finishing markets, said today that it has acquired Certol International, a Denver-based manufacturer of specialty cleaning and disinfecting products to the medical, dental, and consumer marketplaces.

In October 2020, Piramal Pharma Limited's Consumer Products Division, announced that the launch of its Tri-Activ Disinfectant Spray for multi-surfaces, which is '99.9 per cent effective against the COVID-19 virus in one minute'. This spray has been tested and proven for efficacy as well as fast action on the COVID-19 virus by an independent accredited US-based lab.

In April 2020, ITC's health hygiene brand Savlon announces the launch of Savlon Surface disinfectant market Spray. It kills commonly contagious viruses like H1N1, Rotavirus, Norovirus, and other viruses, bacteria, molds and fungi.

Key Takeaways from the Surface Disinfectant Market Report Study

• Market size analysis for current Surface disinfectant market (2023), and market forecast for 5 years (2024-2030)
• The effect of the COVID-18 pandemic on this market is significant. To capture and analyze suitable indicators, our experts are closely watching the surface disinfectant market
• Top key product/services/technology developments, mergers, acquisitions, partnerships, and joint ventures happened over the last 3 years
• Key companies dominating the global surface disinfectant market
• Various opportunities are available for the other competitor in the surface disinfectant market space.
• What are the top-performing segments in 2023? How these segments will perform in 2030.
• Which are the top-performing regions and countries in the current surface disinfectant market scenario?
• Which are the regions and countries where companies should have concentrated on opportunities for surface disinfectant market growth in the coming future?

Target Audience who can be benefited from this Surface Disinfectant Market Report Study

• Surface disinfectant market providers
• Research organizations and consulting companies
• Surface disinfectant market -related organizations, associations, forums, and other alliances
• Government and corporate offices
• Start-up companies, venture capitalists, and private equity firms
• Distributors and traders dealing in surface disinfectant market
• Various end-users who want to know more about the surface disinfectant market and the latest technological developments in the surface disinfectant market

Frequently Asked Questions for Surface Disinfectant Market:

1. What is a surface disinfectant market?

Surface disinfectant market, is a chemical compound used to kill or inactivate microorganisms, usually on a solid surface.

2. What is the market for surface disinfectant market?

The global surface disinfectant market was valued at USD 1.26 billion in 2023, growing at a CAGR of 8.62% during the forecast period from 2024 to 2030 to reach USD 2.06 billion by 2030.

3. What are the drivers for the surface disinfectant market?

The surface disinfectant market is witnessing a positive market growth owing to the factors such as the increasing prevalence of hospital acquired infections, rising number of hospital admissions and surgeries due to the increasing number of patient pool suffering from chronic disorder, and the increasing product developmental and regulatory activities pertaining to the surface disinfectant markets. Additionally, the stringent regulations for the use of surface disinfectant markets specifically after the onset of pandemic will also propel the demand of surface disinfectant market in the upcoming years.

4. Who are the key players operating in the surface disinfectant market?

Some of the key market players operating in the surface disinfectant market include 3M, STERIS plc., Ecolab, Procter & Gamble, Metrex Research, LLC., ACURO ORGANICS LIMITED, Medline Industries, LP., Evonik Corporation, Sanosil LTD, The Clorox Company, SC Johnson Professional USA, Inc., PAUL HARTMANN AG, PDI EMEA Ltd., GOJO Industries, Inc., Spartan Chemical Company, Inc., Healthium Medtech Limited, Lonza., Whiteley, BASF SE, KIMBERLY-CLARK CORPORATION, and others.

5. Which region has the highest share in surface disinfectant market?

North America is expected to dominate the global surface disinfectant market. Factors such as the rising prevalence of hospitals acquired infections and increasing number of hospital admissions and surgeries owing to the increasing patient pool across the globe, and others are contributing to the growth of the surface disinfectant market in the North America region.