The Global Surface Disinfectant Market was $3.67 Bn in 2020, and it is expected to reach $6.98 Bn by 2031. It is eventually growing at a commendable high compound annual growth rate CAGR of 6.0% between 2021-2031. But due to the current COVID-19 pandemic, there might be a slight difference in the growth rate in the present year. Increased prevalence of the Hospital-acquired infections (HAIs) and the prevalence of the favorable regulations that is concerned with the usage of the surface disinfectants in hospitals, pharmaceutical, and biotechnology labs, diagnostic laboratories, and research laboratories are the main factors that will help to accelerate the growth of this market during the forecasted period.
Global Surface Disinfectant Market Is Estimated To Witness Remarkable Growth
Source: SAI Research
The Global Surface Disinfectant Market has been segmented into form, composition, application, and end-use. On the basis of composition The Global Surface Disinfectant Market has been segmented into Chemical (Alcohols, Ammonium Compounds, Oxidizing Agents, Phenolics, Aldehydes, Others), Bio-based. On the basis of form, it is segmented into Liquids, Wipes, and Sprays. On the basis of application, it is segmented into In House Surfaces, Instruments, Others. On the basis of end-use, it is segmented into Hospitals, Laboratories, Households, Industrial, and Commercial.
By Region, North America Is Holding the Major Market Share
The Global Surface Disinfectant Market has been segmented into North America, South America, Middle East, and Africa, Europe, Asia Pacific. In addition to this, North America, Global Surface Disinfectant Market is holding the largest market share at present and is estimated to witness a high compound annual growth rate during the upcoming forecasted period. Increased cases of hospital-acquired infections and strict government regulations regarding the use of the disinfectant to limit spreading such diseases. This has led the region to dominate the market. Besides this Asia Pacific is also going to witness remarkable growth during the forecasted period.
Major Players in Global Surface Disinfectant Market
Some of the major players in the Global Surface Disinfectant Market include BASF SE, Evonik Industries AG, The 3M Company, Kimberly-Clark Corp. (KCWW), Ecolab, Procter & Gamble, Reckitt Benckiser Group plc. The Clorox Company, Medline Industries, Inc., Whitely Corp., Lonza, SC Johnson Professional, Cantel Medical Corporation.
The Global Surface Disinfectant Market Has Been Segmented Into:
Global Surface Disinfectant Market, By Composition
Global Surface Disinfectant Market, By Form
Global Surface Disinfectant Market, By Application
Global Surface Disinfectant Market, By End-Use
Global Surface Disinfectant Market, By Region
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