surface disinfectant market Growth 2021

1. Global Surface Disinfectant Market, By Composition,Trend Analysis, Competitive Market Share & Forecast, 2021-2027

2. Global Surface Disinfectant Market- Industry Trends & Forecast Report 2027 A recent study conducted by the strategic consulting and market research firm, BlueWeave Consulting, revealed that the global surface disinfectant market was worth USD 3.34 billion in the year 2020. It is estimated to grow at a CAGR of 6.5%, earning revenue of around USD 5.13 billion by the end of 2027. The rising prevalence of wound infections during surgical procedures, combined with increased health and hygiene awareness during the COVID-19 situation, is driving the global surface disinfectant market forward. As a result, people and healthcare facilities are getting more aware of the hygiene and sanitation of healthcare facilities, which is estimated to drive the demand for surface disinfectant during the forecast period.

3. Growth Drivers  Rising Prevalence of Hospital-Acquired Infections Hospital-acquired infections are infections that a person acquires while visiting or staying at a hospital. Hospital-acquired pneumonia, Clostridium difficile infections, Central line-associated bloodstream infections, catheter-associated urinary tract infections, and surgical site infections, are some examples of these infections. Such infections are typically caused by viral, fungal, or bacterial pathogens. As a result, it is critical to clean and disinfect healthcare facilities with strong and effective disinfectants. Thus, disinfection has become even more important in the aftermath of COVID-19, when hospital visits have skyrocketed.

4. Restraints Negative Effects of Disinfectants on the Environment The majority of surface disinfectants contain toxic chemicals that do not dissolve or degrade in water. Therefore, they end up polluting the soil and water bodies besides harming the environment. The most commonly used disinfectants, such as sodium hypochlorite, are highly effective against pathogens. Long-term exposure to such chemicals, on the other hand, causes health problems such as vomiting, nausea, and dizziness, particularly in cleaning personnel and patients. The excessive use of such strong chemicals also causes corrosion of surfaces and harms the building.

5. Impact of COVID-19 The unexpected emergence of a novel coronavirus and its rapid spread shook the entire global healthcare system. Initially, in the absence of a vaccine or treatment, the World Health Organization issued a set of guidelines stating that the only thing the world can do right now to prevent the disease is to practice social distancing and maintain proper hygiene. As a result, the demand for surface disinfectants has increased dramatically. Disinfectants were already in high demand in healthcare facilities, but in the event of a pandemic, commercial and residential buildings emerged as potential end-users. Thus, the COVID-19 situation has created enormous opportunities for surface disinfectant development.

6. Regional Insight Geographically, the global surface disinfectant market is segmented into North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle-East & Africa (MEA). North America held the largest market share in the year 2020. The region's developed infrastructure, particularly the healthcare system, is a critical factor driving the demand for surface disinfectants. The region's developed infrastructure, particularly the healthcare system, is a critical factor driving the demand for surface disinfectants. Additionally, the expansion of commercial spaces such as shopping malls and educational institutions in North America is expected to drive the demand for surface disinfectants during the forecast period.

7. Competitive Landscape The leading market players of the global surface disinfectant market are Proctor and Gamble, Reckitt Benckiser Group plc, 3M Company, Cantel Medical Company, SC Johnson Professional, The Clorox Company, Steris Company, Ecolab, Inc., Paul Hartmann AG, Diversey, Inc., Carrollclean, Whiteley Corporation, Pal International, Pharmax Limited, Gojo Industries, Medline Industries, Contec, Inc., PDI Inc., Cetylite, Inc., and other prominent players. Although the presence of giants like P&G, SC Johnson is very prominent, the market is still very welcoming towards new entrants as the consumers are open to trying new products. Competitive strategies like partnerships, product launches, joint ventures are very common in this market.

8. Key Players Proctor and Gamble, Reckitt Benckiser Group plc, 3M Company, Cantel Medical Company, SC Johnson Professional, The Clorox Company, Steris Company, Ecolab, Inc., Paul Hartmann AG, Diversey, Inc., Carrollclean, Whiteley Corporation, Pal International, Pharmax Limited, Gojo Industries, Medline Industries, Contec, Inc., PDI Inc., Cetylite, Inc., and other prominent players. Sample Copy of the report: https://www.blueweaveconsulting.com/report/surface-disinfectant-market-report/report-sample

9. Recent Developments •  In February 2020, Proctor and Gamble (P&G), the US-based consumer goods giant, launched a new product into their antibacterial cleaning line called ‘Microban 24’. This cleaning agent is very powerful and is capable of killing 99.9% of germs, keeping the surface clean for up to 24 hours. •   In January 2019, Reckitt Benckiser, a multinational consumer goods company based in the United Kingdom, joined hands with Diversey, a US-based cleaning and hygiene company. This partnership was aimed towards expanding the business of Reckitt Benckiser in the North America region and widen the consumer base and target hospitals, educational institutions, food joints, etc.

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