Chicago, Aug. 11, 2022 (GLOBE NEWSWIRE) — The surface disinfectant market size is expected to reach USD 4.3 billion by 2026, from USD 2.9 billion in 2021, growing at a CAGR of 8.4% during the forecast period, according to a new report from MarketsandMarkets™. Rising prevalence of chronic diseases, growing prevalence of HAIs, growing patient population, and growing number of stringent sterilization and disinfection regulations are the major factors driving the surface disinfectant market.
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Based on composition, the surface disinfectant market is segmented into alcohols, chlorine compounds, quaternary ammonium compounds, hydrogen peroxide, peracetic acid and other compositions. In 2020, alcohols accounted for the largest share of the surface disinfectants market. The large share of this segment can mainly be attributed to the changing demand for hospital-grade disinfectants due to the spread of COVID-19.
Based on type, the surface disinfectants market is segmented into liquids, wipes and sprays. In 2020, liquids accounted for the largest share of the surface disinfectant market. The large share of this segment can be attributed mainly to their wide usage, especially in emerging and low-cost countries.
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Based on application, the surface disinfectant market is segmented into surface disinfection, instrument disinfection and other applications. In 2020, surface disinfection accounted for a larger share of the surface disinfectant market. The large share of this segment can be attributed primarily due to the high prevalence of hospital-acquired infections globally and the higher volume of disinfectants needed to clean these surfaces.
Based on end users, hospital settings, diagnostic laboratories, pharmaceutical and biotechnology companies and research laboratories. In 2020, hospital settings accounted for a larger share of the surface disinfectant market. The large share of this segment can mainly be attributed to the high prevalence of HAIs in hospital settings.
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Geographic growth scenario:
The global surface disinfectant market has been segmented into five major regions: North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. North America was the largest regional surface disinfectant market. North America’s large share in this market can be attributed to growing geriatric population, increasing prevalence of chronic diseases, increasing prevalence of HAIs, increasing implementation of supportive government initiatives, to the growing acceptance of new surface disinfectant compositions and the increase in the number of stringent sterilization and disinfection regulations.
Major players operating in this market are 3M (US), Procter & Gamble (US), Reckitt Benckiser Group PLC (UK), Ecolab (US), Steris (US), The Clorox Company (USA), Diversey Holdings LTD. (USA), Cantel Medical (USA), CarrollCLEAN (USA), PAUL HARTMANN AG (Germany), Metrex Research, LLC. (USA), Whiteley (Australia), Medline Industries, Inc. (USA), GOJO Industries, Inc. (USA), Pharmax Pharmaceuticals FZ-LLC (Canada), PDI, Inc. (USA ), Becto, Inc. (USA), GESCO Healthcare Pvt. ltd. (India), MEDALKAN (Greece), Ruhof (USA), Contec, Inc. (USA), Cetylite, Inc. (USA), Micro-Scientific, LLC (USA), Pal International ( UK), Brulin Holding Company, Inc. (USA).
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