The global surface disinfectant market is set to gain impetus from the emergence of the COVID-19 pandemic worldwide. It has surged the need for this disinfectant as people are persistently sanitizing the places and objects that are coming into frequent human contact for reducing the impact of the virus. This information is given by Fortune Business Insights™ in a recent report, titled, “Surface Disinfectant Market Size, Share & Industry Analysis, By Type (Aerosol, Gel, Liquid, and Wipe), By Composition (Alcohols, Chlorine Compounds, Quaternary Ammonium Compounds, Hydrogen Peroxide, Peracetic Acid, and Others), By Application (Residential, Commercial, Health Care Facility, and Others), and Regional Forecast, 2020-2027.” The report further states that the global surface disinfectant market size was USD 770.6 million in 2019 and is projected to reach USD 1,547.7 million by 2027, exhibiting a CAGR of 9.1% during the forecast period.
Drivers & Restraints-
Increasing Prevalence of Hospital-Acquired Infections to Propel Growth
The cases of hospital-acquired infections (HAIs) are expected to surge the demand for surface disinfectant in the near future. These infections mainly occur when the patients are being treated in the hospitals and are not often detected during the admission procedure. The infections associated with the invasive devices and medical equipment consist of ventilator-associated pneumonia, catheter associated infections, and surgical site infection. However, these disinfectants include a wide range of chemicals, namely, acetic acid, peroxides, and hypochlorite. These are very harmful for the human health, as well as for the environment. These factors are expected to hamper the market growth in the coming years.
January 2019: Reckitt Benckiser joined hands with Diversey to broaden its presence in North America and to reach out to more hospitals, food joints, and educational institutions.
November 2018: Diversey Inc. launched its one-step cleaner, ready-to-use deodorizer and disinfectant called SureTouch. It contains hydrogen peroxide and was approved by the Environmental Protection Agency (EPA) for effectively cleaning the facilities.
Fortune Business Insights™ lists out the names of all the manufacturers operating in the global market. They are as follows:
The Proctor & Gamble Company(U.S.)
SC Johnson Professional(U.S.)
The Clorox Company(U.S.)
Metrex Research LLC(U.S.)
Reckitt Benckiser (U.K.)
STERIS plc (Ireland)
Whiteley Corporation (Australia)
Other Key Players
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