Surface Disinfectant Market by Composition (Alcohols, Chlorine, Quaternary Ammonium), Type (Liquid, Wipes, Sprays), Application (Surface, Instrument), End-User (Hospital, Diagnostic and Research Laboratories), & Region - Global Forecast to 2028
The global surface disinfectant market in terms of revenue was estimated to be worth $2.6 billion in 2023 and is poised to reach $4.2 billion by 2028, growing at a CAGR of 9.4% from 2023 to 2028. The new research study consists of an industry trend analysis of the market. The new research study consists of industry trends, pricing analysis, patent analysis, conference and webinar materials, key stakeholders, and buying behaviour in the market. The high frequency of HAIs, improvements in surface disinfectants for sanitization, and the increased awareness of hygiene following COVID-19 are some of the factors propelling the market's growth. However, the negative effects of chemical disinfectants may limit this market's expansion to some degree.
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Attractive Opportunities in the Surface disinfectant Market
Surface disinfectant Market Dynamics
Driver: Rising demand for infection control measures to curb hospital-acquired infections
The major pathogens causing HAIs include C. difficile, Staphylococcus aureus, Klebsiella, and Escherichia coli. Transmission of pathogens can occur through direct contact with healthcare workers or a contaminated environment. The rising geriatric population and the increasing incidence of chronic diseases results in increased hospitalization rates, which, in turn, increases the occurrence of HAIs. This is expected to boost the demand for sterilization and disinfectant products.
Restraint: Rising number of adverse effects of chemical disinfectants
The majority of chemical disinfectants on the market today have harmful qualities. For instance, although sodium hypochlorite is a powerful treatment for blood-borne infections, it is also extremely corrosive and irritating to the respiratory system. As a result, cleaning staff and building occupants should exercise caution when using it because it can damage a variety of surfaces and be harmful if released into the environment.
Opportunity: Increasing healthcare expenditure and focus in emerging economies
Players in the sterilization and disinfection markets have a lot of opportunities in emerging economies like South Africa, Brazil, and India. These economies' rapidly aging populations, growing patient volumes, rising per capita incomes, and growing awareness all contribute to the need for better healthcare services. Multinational infection control companies can find profitable opportunities to offshore their business operations to emerging economies in the Asia-Pacific region.
Challenge: Stringent regulations
Regulatory guidelines for the use of surface disinfectants are very stringent in many developed countries. Users are required to follow directions as labeled on each product explicitly. It is a violation of federal law to use products in a manner inconsistent with their labeling. Failure to follow the specified use dilution, contact time, method of application, or any other condition of use is considered a misuse of the product, and it is potentially subject to enforcement action. Such regulations create rifts for manufacturers to get their products approved and prove to be a challenge.
Surface disinfectant Ecosystem/Market Map
In 2022, alcohol segment accounted for the largest share of the surface disinfectant industry, by composition
The surface disinfectant market is segmented into alcohols, chlorine compounds, quaternary ammonium compounds, hydrogen peroxide, peracetic acid, and other compositions based on composition. Due in large part to alcohol-based disinfectants' capacity to quickly evaporate and effectively kill germs, this market segment held the largest share of the market in 2022. The spread of viral diseases is expected to drive demand for hospital- and home-grade disinfectants, which will further propel our market's growth.
In 2022, liquid segment accounted for the largest share of the surface disinfectant industry, by type.
The surface disinfectant market is segmented into liquids, wipes, and sprays based on type. The segment that held the biggest share in 2022 was liquid. Since liquid disinfectants are less expensive than sprays and wipes and are therefore widely used for infection control of hospital-acquired infections, they account for a sizable portion of this market.
In 2022, hospital settings accounted for the largest share in the surface disinfectant industry, by end-user.
The surface disinfectant market has been segmented into hospital settings, diagnostic laboratories, pharmaceutical & biotechnology companies, and research laboratories. Hospital environments held the biggest market share for surface disinfectants in 2022. The COVID-19 pandemic has increased public awareness of cleanliness and sanitization, and this awareness is being driven by the growing use of surface disinfectants in recent years.
North America is the biggest regional market for surface disinfectant industry.
The global surface disinfectant market is divided into five major regions—North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa. In 2022, North America accounted for the largest share of the global market. The need for infection control measures to reduce the incidence of hospital-acquired infections, the growing number of strict surface disinfectant regulations, and the growing use of newer surface disinfectants for sanitization are all contributing factors to the growth of the market in North America.
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The major players in surface disinfectant market are 3M (US), Procter & Gamble (US), Reckitt Benckiser Group Plc (UK), Ecolab (US), STERIS (US), The Clorox Company (US), SC Johnson Professional (US), CarrollCLEAN (US), PAUL HARTMANN AG (Germany). The market leadership of these players stems from their comprehensive product portfolios and expanding global footprint. These dominant market players possess several advantages, including strong marketing and distribution networks, substantial research and development budgets, and well-established brand recognition.
Scope of the Surface Disinfectant Industry
|
Report Metric |
Details |
|
Market Revenue in 2023 |
$2.6 billion |
|
Projected Revenue by 2028 |
$4.2 billion |
|
Revenue Rate |
Poised to Grow at a CAGR of 9.4% |
|
Market Driver |
Rising demand for infection control measures to curb hospital-acquired infections |
|
Market Opportunity |
Increasing healthcare expenditure and focus in emerging economies |
This report categorizes the surface disinfectant market to forecast revenue and analyze trends in each of the following submarkets:
By Composition
- Alcohols
- Chlorine Compounds
- Quaternary Ammonium Compounds
- Hydrogen Peroxide
- Peracetic Acid
- Other Compositions
By Type
- Liquids
- Wipes
- Alcohol-based wipes
- Quaternary Ammonium Compound-based Wipes
- Other wipes
- Sprays
By Application
- Surface Disinfection
- Instrument Disinfection
- Other Applications
By End User
- Hospital Settings
- Diagnostic Laboratories
- Pharmaceutical and Biotechnology Companies
- Research Laboratories
By Region
-
North America
- US
- Canada
-
Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
-
Asia Pacific
- China
- Japan
- India
- Australia
- Rest of Asia Pacific
-
Latin America
- Middle East & Africa
Recent Developments Surface Disinfectant Industry
- In June 2023, Reckitt Benckiser Group PLC (UK) launched the new Lysol Air Sanitizer in the US. This is the first and only air sanitizing spray approved by the EPA, which kills 99.9% of airborne viruses and bacteria.
- In June 2021, STERIS (US) acquired Cantel Medical to strengthen its infection prevention products and services to endoscopy, dental, dialysis and life science customers.
- In November 2020, 3M (US) launched TB Quat Disinfectant Ready-to-Use Cleaner.
Frequently Asked Questions (FAQ):
What is the projected market revenue value of the global surface disinfectant market?
The global surface disinfectant market boasts a total revenue value of $4.2 billion by 2028.
What is the estimated growth rate (CAGR) of the global surface disinfectant market?
The global surface disinfectant market has an estimated compound annual growth rate (CAGR) of 9.4% and a revenue size in the region of $2.6 billion in 2023.
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The objective of the study is analyzing the key market dynamics such as drivers, opportunities, challenges, restraints, and key player strategies. To track companies’ developments such as acquisitions, product launches, expansions, agreements and partnerships of the leading players, the competitive landscape of the Surface disinfectant market to analyzes market players on various parameters within the broad categories of business and product strategy. Top-down and bottom-up approaches were used to estimate the market size. To estimate the market size of segments and subsegments the market breakdown and data triangulation were used.
The four steps involved in estimating the market size are
Secondary Research
In the secondary research process, various secondary sources such as annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, gold-standard & silver-standard websites, regulatory bodies, and databases (such as D&B Hoovers, Bloomberg Business, and Factiva) were referred to identify and collect information for this study.
Primary Research
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. Primary sources were mainly industry experts from the core and related industries and preferred suppliers, manufacturers, distributors, service providers, technology developers, researchers, and organizations related to all segments of this industry’s value chain. In-depth interviews were conducted with various primary respondents, including key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, to obtain and verify the critical qualitative and quantitative information as well as assess prospects.
The following is a breakdown of the primary respondents:
Breakdown of Primary Participants:
Note 1: Others include sales managers, marketing managers, and product managers.
Note 2: Companies are classified into tiers based on their total revenues. As of 2022, Tier 1 = >USD 100 million, Tier 2 = USD 10 million to USD 100 million, and Tier 3 = <USD 10 million.
To know about the assumptions considered for the study, download the pdf brochure
|
COMPANY NAME |
DESIGNATION |
|
3M |
Marketing Manager |
|
The Clorox Company |
Senior Product Manager |
|
Ecolab Inc. |
Marketing Manager |
Market Size Estimation
Both top-down and bottom-up approaches were used to estimate and validate the surface disinfectant market's total size. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
- The key players in the industry have been identified through extensive secondary research
- The revenues generated by leading players operating in the market have been determined through primary and secondary research
- All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources
Global Surface disinfectant Market Size: Bottom-Up Approach
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Global Surface disinfectant Market Size: Top-Down Approach
Data Triangulation
After arriving at the overall market size applying the process mentioned above, the total market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments, data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.
Market Definition
Chemical agents known as surface disinfectants are applied to hard surfaces and water, including drinking water and wastewater, with the aim of eliminating, rendering inactive, or drastically lowering the amount of pathogens, including bacteria, viruses, and fungi. In pathology labs, hospitals, and other patient-related places, surface disinfectants are used to stop microbial cross-contamination and the spread of microbial illnesses through surfaces. They are also used in research laboratories and pharmaceutical & biotechnology companies where human cells are handled and maintained for research & development (R&D). Surface disinfectants are mainly used to clean walls, floors, and other surfaces in hospitals and are also used to disinfect medical devices and instruments.
Key Stakeholders
- Senior Management
- End User
- Finance/Procurement Department
- R&D Department
Report Objectives
- To define, describe, segment, and forecast the global Surface disinfectant market, by composition, type, application, end user, and region
- To provide detailed information regarding the major factors influencing the market growth (such as drivers, restraints, opportunities, and challenges)
- To analyze the micromarkets1 with respect to individual growth trends, prospects, and contributions to the overall market
- To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players
- To forecast the size of the market segments with respect to five regions, namely, North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa
- To profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies
- To track and analyze company developments such as product launches & approvals, partnerships, acquisitions, agreements, and other developments
- To benchmark players within the market using the proprietary Competitive Leadership Mapping framework, which analyzes market players on various parameters within the broad categories of business and product excellence
Available Customizations
MarketsandMarkets offers the following customizations for this market report
Country Information
- Additional country-level analysis of the Surface disinfectant market
Company profiles
- Additional five company profiles of players operating in the Surface disinfectant market.
Product Analysis
- Product matrix, which provides a detailed comparison of the product portfolio of each company in the Surface disinfectant market
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