Overview

Surface Disinfectant Market Introduction

Surface Disinfectant Market is forecasted to value over 2 billion by 2027 end and register a CAGR of over 7.5 % from the forecast period 2020-2027. Increase in hospital-acquired infections has led to an increase in surgical operations, thus soaring the demand of the surface disinfectant market. Healthcare-acquired infections affect the baseline of hospitals and clinic facilities. In order to prevent this, surface disinfectants are deployed. Rising cases of infections among healthcare employees have escalated the market demand.

Furthermore, a rise in healthcare expenditure is expected to positively influence the market. According to World Bank statistics, public healthcare spending has witnessed an increase of approximately USD 500 billion since the past decade. These numbers have indicated a significant growth in healthcare expenditure thus bolstering the market.

The market is segmented into composition, type, application, and end-user. Based on composition, alcohol is expected to dominate the growth of the market. The unique properties of alcohol offer efficient cleansing thus leading to huge demand from laboratories and hospitals.

Furthermore, hydrogen peroxide is expected to showcase notable growth owing to growing usage in surface disinfectant formulations.

Based on type, liquids are envisioned to witness noticeable growth owing to its affordable rates. The lower price of liquids with efficient absorbing properties has led to vast demand from hospitals and in-house applicants.

In terms of application, in-house segment is projected to dictate the growth of the market. Rising government initiatives regarding cleanliness among the public have played a catalytic role in the expansion of the in-house segment.

Based on end-users, the hospital segment is expected to dominate the growth of the market. The rising geriatric population has led to a rise in chronic diseases, thus resulting in san increasing need for cleanliness in hospitals. Disease outbreaks such as ebola and chikungunya have led to a growing need for hospitals in regions like Africa and Asia.

In terms of region, North America holds a vast share of the market. High standard of living has led to an increase in adoption of hygiene etiquettes among consumers. Furthermore, it led to a rise in domestic cleanliness activity. Asia-Pacific region is expected to grow significantly over the forecast period. Rising government expenditure to improve public health and healthcare infrastructure is driving the market growth in the region. Moreover, the rising awareness among consumers regarding hygiene and cleanliness is fueling the growth of the market.

Surface Disinfectant Market Segmentation:

By Composition 

• Alcohols
• Chlorine Compounds 
• Peracetic Acid
• Quaternary Ammonium Compounds  
• Hydrogen Peroxide
• Other Compositions

By Type 

• Wipes
  • Alcohol-Based Wipes 
  • Quaternary Ammonium Compound-Based Wipes
  • Other Wipes 
• Liquids
• Sprays

By Application

• Instrument Disinfection 
• In-House Surfaces 
• Others 

By End-User

• Diagnostic Laboratories  
• Hospital Settings 
• Research Laboratories 
• Pharmaceutical & Biotechnology Companies

By Region

• North America 
• Europe
• Asia Pacific 
• Latin America 
• Middle East & Africa

Competitive Landscape: 

• Prominent players like Reckitt Benckiser Group, Clorox Company and 3M offer diverse and various product portfolio.
• They have launched products like Clorox disinfectant cleaners and Lysol which have stimulated the market.
• New entrants like GOJO Industries are opting for product launches to strengthen their foothold in the industry. GOJO's Purell has helped in expanding the market and is projected to play a vital during the forecast period.

Key Players:

• 3M Company 
• Cantel Medical 
• The Clorox Company 
• Ecolab 
• Johnson & Johnson 
• Procter & Gamble 
• Reckitt Benckiser Group PLC 
• Diversey, Inc. 
• Steris Corporation 
• CarroLLClean 
• Metrex Research, LLC (Subsidiary of Danaher Corporation) 
• Whiteley Corporation 
• Gojo Industries, Inc.

FutureWise Key Takeaways

• Quaternary Ammonium composition is expected to grow owing to its low price and biodegradable features
• Countries like UAE, Saudi Arabia, and Kuwait has witnessed a rise in healthcare spending and is expected to be a lucrative region for manufacturers and key players

Objectives of the Study:

• To provide with an exhaustive analysis on the global surface disinfectant market by type, by composition, by application, by end-user, and by region 
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market 
• To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America and Middle East & Africa
• To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
• Profiling of companies to evaluate their market shares, strategies, financial and core competencies

Table of Contents

1 Introduction 
1.1 Objectives of the Study
1.2 Market Definition
1.2.1 Markets Covered
1.2.2 Years Considered for the Study
1.3 Currency
1.4 Limitations
1.5 Stakeholders

2 Research Methodology 
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Assumptions for the Study

3 Executive Summary 

4 Premium Insights 
4.1 Surface Disinfectants Market Overview
4.2 North American Market, By Type (2020)
4.3 Geographical Snapshot of the Market

5 Market Overview 
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Stringent Regulations for the Use of Surface Disinfectants
5.2.1.2 High Prevalence of Hais
5.2.1.3 Technological Improvements in Disinfectants
5.2.2 Restraints
5.2.2.1 End-User Non-Compliance With Standard Disinfection Practices
5.2.2.2 Negative Perception About the Use of Chemical Disinfectants
5.2.3 Opportunities
5.2.3.1 Growing Healthcare Industry in Emerging Economies
5.2.4 Challenges
5.2.4.1 Development of Alternative Technologies

6 Surface Disinfectants Market, By Composition 
6.1 Introduction
6.2 Alcohols
6.2.1 Alcohols are Commonly Used to Disinfect the Surface of Medical Equipment
6.3 Chlorine Compounds
6.3.1 Chlorines are Inexpensive Disinfectants Which are Effective Against Most Microbes
6.4 Quaternary Ammonium Compounds
6.4.1 Quaternary Ammonium Compounds are Highly Toxic and Less Effective as Compared to Chlorine Compounds
6.5 Hydrogen Peroxide
6.5.1 Hydrogen Peroxide is an Environmentally Safe Alternative to Chlorine-Based Bleaches
6.6 Peracetic Acid
6.6.1 Low Toxicity of Peracetic Acid is Driving Its Adoption in the Market
6.7 Other Compositions

7 Surface Disinfectants Market, By Type 
7.1 Introduction
7.2 Liquids
7.2.1 Liquid Disinfectants Hold the Largest Market Share Due to Its Abundant Use for In-House Surfaces
7.3 Wipes
7.3.1 Quaternary Ammonium Compound-Based Wipes
7.3.1.1 Their Wide Range of Activity has Ensured High Adoption Among End Users
7.3.2 Alcohol-Based Wipes
7.3.2.1 Alcohol-Based Wipes are Used to A Greater Extent for Equipment Disinfection
7.3.3 Other Wipes
7.4 Sprays
7.4.1 Sprays are Used to A Lesser Extent Due to Their Low Success Rates and Formation of Aerosols

8 Surface Disinfectants Market, By Application 
8.1 Introduction
8.2 In-House Surfaces
8.2.1 High Prevalence of Hais is Driving the Use of Surface Disinfectants for In-House Surfaces
8.3 Instrument Disinfection
8.3.1 Single-Use Wipes are Increasingly Being Used for Instrument Disinfection
8.4 Other Applications

9 Surface Disinfectants Market, By End User 
9.1 Introduction
9.2 Hospital Settings
9.2.1 High Prevalence of Hais Drives Demand for Surface Disinfectants in Hospitals
9.3 Diagnostic Laboratories
9.3.1 Demand for Cleanrooms for Sample Analysis Will Support the Growth of This End-User Segment
9.4 Pharmaceutical & Biotechnology Companies
9.4.1 Rising Biotech and Pharma Investments Will Support the Growth of This End-User Segment
9.5 Research Laboratories
9.5.1 Need for Clean and Sterile Research Environments is Driving Demand for Disinfectants

10 Surface Disinfectants Market, By Region 
10.1 Introduction
10.2 North America
10.2.1 US
10.2.1.1 US Accounted for the Largest Share of the North American Market
10.2.2 Canada
10.2.2.1 High Prevalence of Hais to Drive Market Growth in Canada
10.3 Europe
10.3.1 Germany
10.3.1.1 Germany Dominated the European Market
10.3.2 France
10.3.2.1 Favorable Demographics Will Support the Use of Surface Disinfectants in France
10.3.3 UK
10.3.3.1 High Prevalence of Hais Driving the Demand for Surface Disinfectants in the UK
10.3.4 Italy
10.3.4.1 Rising Geriatric Population to Increase the Number of Hospitalizations in Italy
10.3.5 Spain
10.3.5.1 Large Number of Healthcare Service Programs are Increasing Awareness Regarding Hais and the Use of Surface Disinfectants in Spain
10.3.6 Rest of Europe
10.3.6.1 Increasing Demand for Healthcare Services and Growing Awareness About the Use of Surface Disinfectants to Drive Market Growth
10.4 Asia Pacific
10.4.1 China
10.4.1.1 China Accounted for the Largest Share of the APAC Market
10.4.2 Japan
10.4.2.1 Well-Developed Healthcare System and Universal Healthcare Reimbursement Policy are Expected to Drive Market Growth
10.4.3 India
10.4.3.1 Increasing Awareness and Better Regulations for Infection Control Driving the Market
10.4.4 Australia
10.4.4.1 Increasing Awareness and Government Initiatives for Infection Control Will Boost the Market
10.4.5 Rest of Asia Pacific
10.5 Latin America
10.5.1 High Prevalence of Hai to Drive Market Growth
10.6 Middle East & Africa
10.6.1 Increasing Awareness and Focus on Improving Healthcare Infrastructure to Drive Market Growth

11 Competitive Landscape 
11.1 Overview
11.2 Market Share Analysis
11.3 Key Strategies
11.3.1 Product Launches, 2015–2019
11.3.2 Acquisitions, 2015–2019
11.3.3 Expansions, 2015–2019
11.3.4 Agreements, 2015–2019
11.4 Competitive Leadership Mapping (2018)
11.4.1 Visionary Leaders
11.4.2 Innovators
11.4.3 Dynamic Differentiators
11.4.4 Emerging Companies
11.5 Competitive Leadership Mapping for Start-Ups (2018)
11.5.1 Progressive Companies
11.5.2 Starting Blocks
11.5.3 Responsive Companies
11.5.4 Dynamic Companies

12 Company Profiles 
Business Overview, Products Offered, Recent Developments, Research Expert’s View
12.1 3M Company
12.2 Cantel Medical
12.3  Diversey, Inc.
12.4 Ecolab
12.5 Reckitt Benckiser Group PLC 
12.6 Procter & Gamble
12.7 Johnson & Johnson 

12.8 The Clorox Company 

12.9 CarroLLClean
12.10 Steris Corporation 

12.11 Metrex Research, LLC (Subsidiary of Danaher Corporation)
12.12 Gojo Industries, Inc. 
12.13 Whiteley Corporation

Business Overview, Products Offered, Recent Developments, Research Expert’s View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix 
13.1 Insights of Industry Experts
13.2 Discussion Guide
13.3 Knowledge Store: Subscription Portal
13.4 Available Customizations
13.5 Related Reports
13.6 Author Details

Tables

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