Surface Disinfectant Market Worth USD 1,547.7 Million at 9.1% CAGR by 2027; Increasing Awareness About the Products to Boost Growth, Says Fortune Business Insights™
Top companies covered in the surface disinfectant market report are 3M, Kimberley-Clark Corporation, SC Johnson Professional, The Clorox Company, Ecolab, Metrex Research LLC, Reckitt Benckiser, Diversey Inc., STERIS plc, Whiteley Corporation, Other key players and more players profiled
Pune, India, Dec. 08, 2020 (GLOBE NEWSWIRE) -- 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 surface 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.
The rapid outbreak of the COVID-19 pandemic is severely affecting the economy across the globe. On account of the several preventive measures, such as work-from-home and lockdown, the manufacturing and production processes of industries have come to a complete standstill. The uncertainty about the future is rising and so is the panic. But, our accurately crafted reports would help you in finding the right path to success during such a difficult time.
*Get Sample PDF Brochure with Impact of COVID19:*
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/surface-disinfectant-market-103062
*
*
*List of the Leading Companies Profiled in the Global* *Surface Disinfectant Market are:*
· 3M (U.S.)
· The Proctor & Gamble Company(U.S.)
· Kimberley-Clark Corporation(U.S.)
· SC Johnson Professional(U.S.)
· The Clorox Company(U.S.)
· Ecolab (U.S.)
· Metrex Research LLC(U.S.)
· Reckitt Benckiser (U.K.)
· Diversey Inc.(U.S.)
· STERIS plc (Ireland)
· Whiteley Corporation (Australia)
· Other Key Players
*
*
*Inquire Before Buying This Research Report:*
https://www.fortunebusinessinsights.com/enquiry/queries/surface-disinfectant-market-103062
*
*
*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 hospitals and are not often detected during the admission procedure. The infections associated with invasive devices and medical equipment consist of ventilator-associated pneumonia, catheter-associated infections, and surgical site infection. However, surface disinfectants include a wide range of chemicals, namely, acetic acid, peroxides, and hypochlorite. These are very harmful to human health, as well as for the environment. These factors are expected to hamper the surface disinfectant market growth in the coming years.
*
*
*Segment*
*Residential Segment to Grow Steadily Owing to Awareness About Infections*
In terms of applications, the market is divided into health care facilities, commercial, residential, and others. Out of these, the residential segment held 16.1% surface disinfectant market share in 2019. This growth is attributable to the increasing awareness amongst the populace about the benefits of using surface disinfectants and the spread of several infections. Additionally, the outbreak of the COVID-19 pandemic is rapidly driving the demand for surface disinfectants.
*
*
*Regional Analysis*
*Rising Government Laws to Maintain Hygiene will Favor Growth in North America *
In 2019, North America procured USD 299.9 million in terms of revenue. This growth is attributable to the increasing number of stringent laws put forward by the governments for maintaining proper sanitation and hygiene at public places, food establishments, and hospitals. Europe is set to experience significant growth stoked by the rising utilization of surface disinfectants, especially for household applications. Asia Pacific, on the other hand, is anticipated to exhibit the fastest growth fueled by the increasing expenditure of the governments of numerous countries on public health and cleanliness.
*
*
*Browse Detailed Summary of Research Report with TOC: *
https://www.fortunebusinessinsights.com/surface-disinfectant-market-103062
*
*
*Competitive Landscape*
*Key Companies Focus on Product Launches & Collaborations to Surge Sales *
The market is highly competitive because of the presence of a large number of international and regional companies. Most of them are either following the strategy of joint ventures and partnerships or are investing huge sums to launch novel surface disinfectants in the market. These steps are helping them to gain a competitive edge.
*
*
*Below are two of the latest industry developments: *
· *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.
*
*
*Detailed Table of Content: *
· *Introduction*
· Research Scope
· Market Segmentation
· Research Methodology
· Definitions and Assumptions
· *Executive Summary*
· *Market Dynamics*
· Market Drivers
· Market Restraints
· Market Opportunities
· *Key Insights*
· Key Emerging Trends – For Major Countries
· Key Developments: Mergers, Acquisition, Partnership, etc.
· Latest Technological Advancement
· Insights on Regulatory Scenario
· Porters Five Forces Analysis
· *Global Surface Disinfectant Market Analysis, Insights and Forecast, 2016-2027*
· Key Findings / Summary
· Market Analysis, Insights and Forecast – By Type
· Aerosol
· Gel
· Liquid
· Wipe
· Market Analysis, Insights and Forecast – By Composition
· Alcohols
· Chlorine Compounds
· Quaternary Ammonium Compounds
· Hydrogen Peroxide
· Peracetic Acid
· Others
· Market Analysis, Insights and Forecast – By Application
· Residential
· Commercial
· Health Care Facilities
· Others
· Market Analysis, Insights and Forecast – By Region
· North America
· Europe
· Asia pacific
· South America
· Middle East & Africa
* TOC Continued…!*
*
*
*Speak to Our Expert: *
https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/surface-disinfectant-market-103062
*
*
*Have a Look at Related Research Insights:*
Hypochlorite Bleaches Market Size, Share & Industry Analysis, By Product Type (Sodium Hypochlorite, Calcium Hypochlorite, Lithium Hypochlorite, Potassium Hypochlorite), By Application (Disinfectant, Water Treatment, Paper & Pulp, Textiles, Others) Others and Regional Forecast, 2019-2026
Hypochlorous Acid Market Size, Share & Industry Analysis, By Application (Hypoclorite Manufacturing, Sanitizing Agent, Disinfectants, Others), By End Use (Personal Care, Wound Management, Food & Agriculture, Oil & Gas, Water Treatment, Others) And Regional Forecast 2020-2027
Water and Wastewater Treatment Market Size, Share & Industry Analysis, By Segment (Chemicals {pH Conditioners, Coagulants & Flocculants, Disinfectants & Biocidal Products, Scale & Corrosion Inhibitors, Antifoam Chemicals, Other Chemicals}, Equipment {Biological, Filtration, Sludge Treatment, Disinfection, and Other Equipment}, Services), By Application, and Regional Forecast, 2019-2026
*
*
*About Us:*
*Fortune Business Insights™* offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
*
*
*Contact Us:*
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
*Phone*:
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
*Email*: sales@fortunebusinessinsights.com
Fortune Business Insights™
LinkedIn | Twitter | Blogs
*
*
*Read Press Release: *
https://www.fortunebusinessinsights.com/press-release/surface-disinfectant-market-10041