Surface Disinfectant Market by Composition (Alcohols, Chlorine Compounds, Quaternary Ammonium Compounds, Hydrogen Peroxide and Peracetic Acid), Type (Liquids, Wipes and Sprays), Application (In-House Surfaces and Instrument Disinfection), End Users (Hospital Settings, Diagnostic Laboratories, Pharmaceutical & Biotechnology Companies and Research Laboratories)- Global Analysis & Forecast 2020-2030

Report ID : 301  |  Published Date : Jul 2020  |  Pages : 160  |  Region : Global  |  Report Code : CM-27





Surface Disinfectant Market Introduction & Overview

Disinfectants can be defined as antimicrobial agents that are designed to destroy or inactivate microorganisms from inert surfaces. Depending on the ability to immobilize or kill, some or all microorganisms, disinfectants can be classified as low-, intermediate- or high-level. Disinfectants differ from other antimicrobial agents, in the aspect that disinfectants are used solely for objects rather than body or tissues,unlike antibiotics & antiseptics. This form of antimicrobial agents works by interfering with the metabolism of the microbes or destroying the cell wall of the same. Chemical disinfection of instruments, as well as surfaces, is a crucial aspect in infection control, as it assists in interrupting transmission of harmful pathogens from an infected individual to a susceptible host. Several factors are considered while selecting a disinfectant, such as hazards posed by their use, factors affecting the efficacy of germicides, and timing & method of chemical disinfection, among others.

The growth of the global surface disinfectantmarketcan be attributed to several factors, such as growing incidences of infectious diseases; rising population that has directly contributed to the increasing number of healthcare facilities; and increasing prevalence of Hospital-Acquired Infections (HAIs) among others. Moreover, the existence of stringent regulations, which makes the application of disinfectant mandatory to curb the spread of infections, coupled with advancements in the field of surface disinfectant formulations, have been significant in propelling the growth of the market. However, the past four to five months have witnessed extensive adoption of surface disinfectants, owing to the extremely rapid spread of SARS-CoV-2 (severe acute respiratory syndrome coronavirus 2). The virus,SARS-CoV-2, is responsible for causing Coronavirus Disease (COVID-19), has been categorized as an infectious disease.  COVID-19 has rapidly transformed into a global pandemic, that currently has spread across 210 countries & territories around the globe. The current scenario has played a pivotal role in significantly contributing to the adoption of surface disinfectant products, which in turn has provided the global surface disinfectant market with a substantial boost.

Surface Disinfectant Market By Composition

Based on thecomposition, the market issegmented into Alcohols, Chlorine Compounds, Quaternary Ammonium Compounds, Hydrogen Peroxide Peracetic Acid, and Other Compositions. In 2019, the alcohol-based surface disinfectants accounted for the largest market share inthe surface disinfectantsmarket, owing tothe widescale application of these products in laboratories & hospitals.

Surface Disinfectant Market ByType

Based on type, the surface disinfectant market isclassified into Liquids, Wipes and Sprays. Liquid-based surface disinfectants are expected to account for the largest market share in 2019. The large share of this form or type of product can be attributed to low cost and widespread usage of the same among majorities of countries worldwide, including emerging & underdeveloped countries.

Surface Disinfectant Market ByApplication

Based on the application, the surface disinfectant market is bifurcated into In-House Surfaces and Instrument Disinfection. The In-House Surfaces application segment is anticipated to register the highest CAGR during the forecast period. Increasing incidences of HAI coupled with the implementation of strict rules & regulations by the government as well as private establishments to curb the spread of infections, are a few of the factors which are expected to propel the growth of this segment.

Surface Disinfectant Market By End User

Based on end user, the surface disinfectant market can be classified into Hospital Settings, Diagnostic Laboratories, Pharmaceutical & Biotechnology Companies and Research Laboratories, and Other End Users. The hospitals' segment accounted for the largest market share in the global surface disinfectant market in 2019. The large share of this segment can be attributed to the presence of high patient volume in healthcare settings, rising incidences of infectious diseases, and sudden outbreak of life-threatening diseases like COVID-19, among others.

Surface Disinfectant Market By Region

The globalsurface disinfectantmarketis segmented into North America, Europe, Asia Pacific, and the Rest of the World (ROW). North America commanded the largest share in the global surfacedisinfectant market in 2019, owing to high investment in public & private health, high disposable income, and the presence of strict guidelines for the sanitization of several establishments among others.However, the Asia Pacific region is projected to grow with the highest CAGR during the forecast period. Several factors can be attributed to the growth of this region, such as improving economies, increasing number of healthcare establishments, and rising awareness regarding both public- & private-sanitization drives in this region.

Surface Disinfectant Market Prominent Players

The prominent players in the globalsurface disinfectantmarket are3M, Procter and Gamble (P&G), Medivators Inc. (Cantel Medical), Reckitt Benckiser Group plc., The Clorox Company, Ecolab, Diversey, STERIS plc., Carroll Company, Metrex Research, LLC., among others.