Market Size of Surface Disinfectant Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 5.46 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Surface Disinfectant Market Analysis
The Global Surface Disinfectant Market size is expected to grow from USD 4.83 billion in 2023 to USD 6.29 billion by 2028, registering a CAGR of 5.46% during the forecast period (2023-2028).
The outbreak of COVID-19 significantly impacted the growth of the surface disinfectant market as surface disinfection was a major care during the pandemic period. The usage of surface disinfectants that protect healthcare facilities was raised during the pandemic. As a result, several companies have ramped up their production and were focused on developing new products which helped the market grow. In addition, the demand for surface disinfectants is still growing, with new developments that are likely to prevent the pandemic from recurring. For instance, in January 2023, the University of Queensland stated that it developed a long-lasting surface spray that could kill viruses such as COVID-19 and potentially deadly bacteria. These new developments increase the safety of pandemics and are expected to significantly impact the market over the coming years.
The factors driving the market growth include the rising incidence of hospital-acquired infections, the subsequent growth in the prevalence of chronic diseases, and the increasing number of surgical procedures. As per the study report published by the Journal of Infection in Developing Countries in February 2023, as of 2022, the overall prevalence of hospital-acquired infections in Southeast Asia was 21.6 %, with the highest prevalence rate of 30.4% reported in Indonesia. Hence, with the growing burden of hospital-acquired infections, the demand for surface disinfection increases, which is expected to grow the market over the forecast period.
Furthermore, the strategic initiatives and approvals by the market players are also expected to drive the market's growth. For instance, in March 2023, Neogen Corporation stated that the United States Environmental Protection Agency (EPA) has approved additional virucide claims to its Neogen Viroxide Super disinfectant. These label claims specify that Neogen Viroxide Super kills viruses on hard, non-porous surfaces that cause Avian Influenza A, Bovine Viral Diarrhea, Porcine Respiratory and Reproductive Syndrome (PRRS), and African Swine Fever. Hence, given the abovementioned factors and increasing product approvals, the market studied is expected to be boosted over the forecast period.
However, issues related to the sterilization and disinfection of advanced medical instruments and side effects associated with certain toxic chemicals may impede market growth over the forecast period.
Surface Disinfectant Industry Segmentation
As per the report's scope, disinfectants are antimicrobial agents that are applied to the surface of various non-living objects to destroy the microorganisms living on those objects. Practical implementation of surface disinfection routines can prevent or minimize infections and various adverse effects that are prevalent in the current healthcare system. The Surface Disinfectant Market is Segmented by Type (Quaternary Ammonium Compounds, Hypochlorite, Alcohols, Aldehydes, and Other Surface Disinfectants), Formulation (Liquids, Wipes, and Sprays), End User (Hospitals and Clinics, Outpatient Surgical Centers, and Other End Users), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions globally. The report offers the value (in USD) for the above segments.
By Type | |
Quaternary Ammonium Compounds | |
Hypochlorite | |
Alcohols | |
Aldehydes | |
Other Surface Disinfectants (Peracetic Acid, Phenolic Compounds, Iodine Compounds, Hydrogen Peroxide etc.) |
By Formulation | |
Liquids | |
Wipes | |
Sprays |
By End-User | |
Hospitals & Clinics | |
Outpatient Surgical Centers | |
Other End-Users |
Geography | ||||||||
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Surface Disinfectant Market Size Summary
The surface disinfectant market is poised for significant growth, driven by the heightened awareness and demand for hygiene and infection control measures, particularly following the COVID-19 pandemic. The pandemic underscored the critical importance of surface disinfection in healthcare settings, leading to increased production and innovation in disinfectant products. The market is further bolstered by ongoing developments aimed at preventing future pandemics, such as long-lasting surface sprays capable of neutralizing viruses and bacteria. The rising incidence of hospital-acquired infections, coupled with the prevalence of chronic diseases and the increasing number of surgical procedures, is fueling the demand for effective surface disinfectants. Strategic initiatives and regulatory approvals, such as those by the United States Environmental Protection Agency, are also contributing to market expansion by validating and endorsing new disinfectant products.
The hypochlorite segment, particularly sodium hypochlorite, is expected to maintain a significant market share due to its broad-spectrum efficacy and cost-effectiveness. Recommendations from health organizations and support from regulatory authorities for the use of hypochlorite in disease prevention are anticipated to drive this segment's growth. North America is projected to hold a major share of the market, supported by the region's high incidence of chronic diseases and the subsequent need for extensive hospital stays and surgeries. The market is characterized by fragmentation, with several key players like 3M, Ecolab, and The Clorox Company actively expanding their product portfolios and market presence. Recent product launches and strategic developments, such as the introduction of new disinfectant formulations and the expansion of surface hygiene offerings, are expected to further propel market growth.
Surface Disinfectant Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Rising Incidence of Hospital-Acquired Infections
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1.2.2 Growing Geriatric Population and Subsequent Growth in the Prevalence of Chronic Diseases
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1.2.3 Increasing Number of Surgical Procedures
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1.3 Market Restraints
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1.3.1 Issues Related to the Sterilization and Disinfection of Advanced Medical Instruments
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1.3.2 Side Effects of Certain Toxic Substances
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Buyers/Consumers
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1.4.2 Bargaining Power of Suppliers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size by Value - USD)
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2.1 By Type
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2.1.1 Quaternary Ammonium Compounds
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2.1.2 Hypochlorite
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2.1.3 Alcohols
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2.1.4 Aldehydes
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2.1.5 Other Surface Disinfectants (Peracetic Acid, Phenolic Compounds, Iodine Compounds, Hydrogen Peroxide etc.)
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2.2 By Formulation
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2.2.1 Liquids
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2.2.2 Wipes
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2.2.3 Sprays
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2.3 By End-User
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2.3.1 Hospitals & Clinics
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2.3.2 Outpatient Surgical Centers
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2.3.3 Other End-Users
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2.4 Geography
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2.4.1 North America
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2.4.1.1 United States
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2.4.1.2 Canada
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2.4.1.3 Mexico
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2.4.2 Europe
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2.4.2.1 Germany
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2.4.2.2 United Kingdom
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2.4.2.3 France
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2.4.2.4 Italy
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2.4.2.5 Spain
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2.4.2.6 Rest of Europe
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2.4.3 Asia-Pacific
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2.4.3.1 China
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2.4.3.2 Japan
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2.4.3.3 India
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2.4.3.4 Australia
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2.4.3.5 South Korea
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2.4.3.6 Rest of Asia-Pacific
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2.4.4 Middle East and Africa
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2.4.4.1 GCC
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2.4.4.2 South Africa
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2.4.4.3 Rest of Middle East and Africa
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2.4.5 South America
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2.4.5.1 Brazil
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2.4.5.2 Argentina
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2.4.5.3 Rest of South America
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Surface Disinfectant Market Size FAQs
What is the current Global Surface Disinfectant Market size?
The Global Surface Disinfectant Market is projected to register a CAGR of 5.46% during the forecast period (2024-2029)
Who are the key players in Global Surface Disinfectant Market?
Cantel Medical Corporation, Reckitt Benckiser Group plc, 3M, Procter & Gamble and SC Johnson Professional USA, Inc are the major companies operating in the Global Surface Disinfectant Market.