Global Surface Disinfectant Market is estimated to grow at a rate of 7.5% to reach $5 billion by 2026
Surface disinfectants are chemical agents applied to non-living objects to destroy bacteria, viruses, fungi, mold, and mildews living on the objects. They can also be incorporated in different forms, such as liquids, wipes, and sprays.
Currently, various categories of disinfectants are used in commercial and industrial facility maintenance to prevent the transmission of microbial infections or cross-contamination. The most common types of disinfectants are hydrogen peroxide, quaternary ammonium compounds (Quats), chlorine compounds, alcohols, aldehydes, iodophors, and phenolic compounds.
Surface Disinfectant Usage for Infection
Prevention Drives the Surface
Disinfectant Market
The outbreak of COVID-19 pandemic caused by the SARS-CoV-2 virus is the
most contagious and dangerous disease in recent history. However, using the
right type of surface disinfectant routinely for cleaning the facility is
critical in preventing the spread of infections and diseases like COVID,
influenza, and others and also ensures quality patient care, employee
protection, and proper hygiene maintenance. For Instance,
- In June 2021, Metrex Research, LLC launched new surface disinfectant wipes under the brand name CaviWipe 2.0. These multi-purpose disinfectant wipes protect against 42 types of pathogens, including SARS-CoV-2 virus.
Market Challenges: Surface Disinfectant Market
Some of the chemical
disinfectants currently available on the market are irritating to the skin,
eyes, and respiratory system. Spray products that are currently used also contain
non-volatile chemicals which can cause respiratory problems if not used in
properly ventilated areas. Therefore, the risks associated with the usage of
surface disinfectants are likely to hamper the growth of the market.
North America is the Largest Surface Disinfectant Market
North
America is the largest surface disinfectant market, followed by Europe and
APAC. The large share of North America can be attributed to stringent
regulations & guidelines imposed by the government on the use of surface
disinfectants, the growing prevalence of hospital-acquired infections, and an
increased focus on public sanitization in the regions. APAC is expected to
witness strong growth in the upcoming years.
Competitive
Landscape Analysis: Surface Disinfectant Market
Some of the top players operating in the surface disinfectant market are Procter & Gamble, 3M Company, Ecolab, Reckitt Benckiser Group PLC, The Clorox Company, and Steris Corporation, among others.
Companies Adopting Inorganic
Growth Strategies to Increase their Market Share
Leading players operating in the global surface disinfectant market are adopting organic and inorganic growth strategies such as collaborations, acquisitions, and new product launches to garner higher market share. For instance,
- In February 2022, Reckitt Benckiser Group plc (“Reckitt") announced a distribution collaboration with Diversey Holdings, Ltd. The collaboration will expand the distribution of Reckitt’s hygiene solutions into emerging markets, focusing on B2B channels.
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