Surface Disinfectant Market Worth $9.5 Billion By 2030 | CAGR 6.3%
Surface Disinfectant Industry Overview
The global surface disinfectant market size was valued at USD 5.1 billion in 2021 and is anticipated to grow at a compound annual growth rate (CAGR) of 6.3% from 2022 to 2030. The growth is attributed to several factors, such as lifestyle changes in developing economies, rising awareness about animal diseases among livestock farmers, and increasing demand for disinfectants for use in livestock farms. There has been a significant decline in demand for raw materials and active ingredients due to the COVID-19 pandemic, which led to the closure of multiple production hubs and factories globally. Multiple plants have been running at reduced rates or even shut down, which resulted in a supply-demand gap. However, a rise in demand for cleaning products, sanitizers, and disinfectants is expected to have a positive impact on the market growth.
The raw materials used in the production of surface disinfectants are primarily the by-products of the petroleum sector. Local manufacturers in the developed economies of Europe, North America, and China mainly source these raw material ingredients. Recently, the industry observed a shift in the trend toward the usage of biodegradable surface disinfectants for preventing chemical-related toxicity. The raw materials required for biodegradable surface disinfectants are cheaper and easily available. Surface disinfectants have witnessed a low to moderate rise in prices; however, the sudden upsurge in demand due to the COVID-19 pandemic has resulted in supply shortages, which further led to a rise in prices in the year 2020 and the impact might last at least till the first half of 2021.
Gather more insights about the market drivers, restrains and growth of the Global Surface Disinfectant market
The stringent regulatory norms for disinfection in commercial, industrial, and institutional spaces have boosted the product demand. Surface disinfectants have various chemical substances, which, when used as per guidelines yield magnificent results. They help in preventing the transmission and occurrence of various diseases. However, these can be harmful to humans and animals and ultimately lead to environmental problems. Incomplete knowledge regarding the proper use of surface disinfectants and the health hazards associated with these products can pose a potential threat to market growth.
Browse through Grand View Research's Disinfectants & Preservatives Industry Research Reports.
- Peracetic Acid Market - The global peracetic acid market size exceeded USD 540 million in 2015. Growing usage of peracetic acid (PAA) as a sanitizer, disinfectant, and bleaching agent among key applications such as water treatment, food & beverages, and healthcare are expected to drive the market growth.
- Indoor Air Purification Market - The global indoor air purification market size was valued at USD 11.34 billion in 2015. Favorable government laws & regulations and increasing awareness of the harmful impact of indoor air pollutants on health & well-being are expected to drive the global indoor air purification market over the forecast period.
Surface Disinfectant Market Segmentation
Grand View Research has segmented the global surface disinfectant market on the basis of composition, form, application, end-use, and region:
Surface Disinfectant Product Type Outlook (Volume, Tons, Revenue, USD Million, 2018 - 2030)
- Chemical
- Alcohol
- Ammonium Compounds
- Oxidizing Agents
- Phenolics
- Aldehydes
- Others
- Biobased
Surface Disinfectant Form Outlook (Volume, Tons, Revenue, USD Million, 2018 - 2030)
- Liquid
- Wipes
- Sprays
Surface Disinfectant Application Outlook (Volume, Tons, Revenue, USD Million, 2018 - 2030)
- In-house
- Instruments
- Others
Surface Disinfectant End-use Outlook (Volume, Tons, Revenue, USD Million, 2018 - 2030)
- Hospitals
- Laboratories
- Households
- Hotel/Restaurants/Cafes (HORECA)
- Educational Institutes
- Malls
- Railways
- Airports
- Food Processing Industries
- Others
Surface Disinfectant Regional Outlook (Volume, Tons, Revenue, USD Million, 2018 - 2030)
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key Companies profiled:
Some prominent players in the global surface disinfectant market include:
- PDI, Inc.
- GOJO Industries, Inc.
- M. Barr
- Spartan Chemical Company, Inc.
- W. Grainger, Inc.
- Carenowmedical
- Reckitt Benckiser Group PLC
- PaxChem Ltd.
- BODE Chemie GmbH
- Star Brands Ltd.
- The 3M Company
- Ecolab
- Procter & Gamble
- The Clorox Company
- Whiteley Corp.
- Lonza
- SC Johnson Professional
- BASF SE
- Evonik Industries AG
- Kimberley-Clark Corporation (KCWW)
- Medline Industries, Inc.
Order a free sample PDF of the Surface Disinfectant Market Intelligence Study, published by Grand View Research.
About Grand View Research
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