The global demand for Surface Disinfectant Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026. Whereas with regards to volume, the market was calculated XX Kilo Tons in 2019 and foreseen to touch XX Kilo Tons by 2026 with a CAGR of XX% during 2020-2026.
Disinfectants are antimicrobials used to destroy harmful germs, bacteria, and other microorganisms present on the surfaces and are mostly used to disinfect floors, tiles, washrooms, furniture, and instrument. Chemical disinfectants are categorized into three types, as per their method of action: Denaturants, Reactants, and Oxidants. Surface disinfectants have a tremendous demand in hospitals & clinics as they have been imposed strict guidelines to maintain hygiene and sanitation in such places. Globally, the disinfectant's primary usage is to treat Hospital-acquired infections (HAIs), including Formaldehyde, glutaraldehyde, hydrogen peroxide, peracetic acid, phenols, and others. Primarily, they are considered an integral component of infection prevention activities. They are generally used to manufacture various chemical agents, such as alcohol, phenol, chlorhexidine, peracetic acid, ammonium compounds, etc.
The rising occurrences and number of infectious diseases globally are substantial factors influencing the market growth. Approx. thirty new diseases have appeared in the last 20 years and collectively pretend a severe threat to numerous individuals' health. There is no treatment, vaccine, or cure for a majority of these diseases. While antibiotics and various other drugs used against multiple diseases are swiftly losing their efficacy, they build up resistance in the pathogens. The rising burden of these diseases seriously damages the socio-economic development of various countries. According to WHO, infectious diseases estimate for the death of more than 17 million people every year. Approximately 50,000 male and female populations die every day due to contagious diseases. The need for disinfectants also grew with increased products such as floor cleaners, among others. The pandemic has provided an additional boost to industry sales.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of surface disinfectant.
The entire Surface Disinfectant market has been sub-categorized into type, application, and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Industrial and institutional
This section covers regional segmentation which accentuates on current and future demand for surface disinfectant market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Surface Disinfectant Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the surface disinfectant market include The 3M Company, Cantel Medical, Johnson & Johnson, Ecolab, Procter & Gamble, Reckitt Benckiser Group PLC, Diversey, Inc., Steris Corporation, The Clorox Company, Gojo Industries, Inc., Whiteley Corporation, Metrex Research, LLC. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.