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10 Billion Reason to Believe in Hygiene: Global disinfectant Market on the Rise: Ken Research

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News provided by

Ken Research

26 Jun, 2023, 14:01 GMT

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Driven by Growing incidences of healthcare-associated infection, increasing product demand from non-healthcare industries, health clubs & gyms, and outbreaks of infectious diseases like Covid-19, the Global Surface Disinfectant is Forecasted to reach ~US$ 10 Bn by 2028 says Ken Research Study.

GURUGRAM, India, June 26, 2023 /PRNewswire/ -- A surface disinfectant is a synthetic substance used to treat or sanitize the microorganism present on the surfaces such as walls, tabletops, floors, etc. Surface disinfectants help in reducing or eliminating the presence of pathogens, minimizing the risk of spreading bacteria along with maintaining hygiene. Furthermore, the Covid-19 outbreak and awareness to maintain sanitation driving the growth in this industry.

According to Ken Research estimates, the Global Surface Disinfectant Market – which reached ~US$ 6 Bn in 2022 – is expected to reach ~US$ 10 Bn opportunity by 2028. Ken Research shares 5 key insights on this high-opportunity Global Surface Disinfectant market from its latest research study.

1.  Covid-19 and the Awareness Among People accelerated the growth of Surface Disinfectants.

The outbreak of COVID-19 increased the need for surface disinfection and cleaning practices significantly. Since the outbreak in 2020, the virus spread very quickly to all parts of the world, infecting millions. All the known measures were being taken to curb the spread of the deadly virus, including disinfection and cleaning of surfaces. This increased the demand for the surface disinfectant to multiple folds. Many companies had to increase their production due to disinfectant's high demand. Disinfection practices were vital in reducing COVID-19 virus contamination in non-healthcare settings, such as homes, offices, schools, gyms, publicly accessible buildings, faith-based community centers, markets, transportation, and business settings or restaurants. So, demand from non-healthcare settings also increased.

Interested to Know More about this Report, Request a Free Sample Report

2.  Increasing Incidences of Healthcare-Associated Infections

The Global Surface Disinfectant Market is expected to witness strong growth during the forecast period, due to the rising demand for surface disinfectant products in hospitals & clinics. Increasing incidence of healthcare-associated infections and rising occurrences of chronic disorders Like Urinary Tract infection, Surgical Site infection, Lung Infection, Blood Stream infection, Stomach Infection etc, are expected to propel the market growth. Surface Disinfectant products are frequently used in healthcare facilities as it maintains hygiene and prevents healthcare-associated infections. As per a study conducted by the U.S. Department of Health and Human Services, in every 20 diseases, one in the U.S. is a healthcare-associated Infection.

3. Toxic Properties of the Disinfectants are a Barrier to the Growth of the Surface Disinfectant Market

Most of the chemical disinfectants currently available in the market have toxic properties. For example, sodium hypochlorite is an effective treatment against blood-borne pathogens but due to its highly corrosive and respiratory irritant nature, it is dangerous for cleaning personnel and building occupants because it is toxic when released into the environment and causes damage to many surfaces. In almost all surface disinfectant products volatile organic compound (VOC) amount is high which causes health issues to people when used frequently.

According to a study conducted by the National Library of Medicine, in the United States, Australia, the United Kingdom, and Sweden 15.7% of the general population, and 32.9% of asthmatics, reported health problems from being in a room after it has been cleaned by fragranced products.

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4. Increasing Popularity of Biobased Surface Disinfectants

Biobased surface disinfectants are viewed as alternatives to their chemical counterparts owing to their non-toxic, biodegradable, and eco-friendly characteristics. The FDA approval to use biobased products in formulations of surface disinfectants is expected to create huge growth opportunities for market participants.

Also, the increasing application scope of biobased surface disinfectants along with the high potential to replace chemical counterparts at economical levels is anticipated to create lucrative opportunities for the existing as well as new market participants. Biobased surface disinfectants have less impact on the environment.

5. North America is the Largest Region of the Global Surface Disinfectant Market

The pandemic has disrupted healthcare systems all over the world, with hospitals being overwhelmed due to the increasing influx of patients. Temporary hospitals are also being set up to deal with an increasing disease incidence. Hence, the spread of COVID-19 has spurred a surge in demand for cleaning and disinfection products due to the growing awareness about safety, hygiene, and health. Increasing healthcare expenditure in North America and an increase in the number of temporary hospitals are some of the major factors driving the demand and uptake of antiseptics and disinfectants.

As per the report of "Healthcare Facilities Today", published in 2021 the United States will spearhead the growth of surface disinfectants in North America, accounting for maximum sales of surface disinfectants. Increasing healthcare spending will seal the dominance of the United States.

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Market Taxonomy

By Composition Type

  • Chemical Based
  • Biobased

By Form

  • Liquid
  • Wipes
  • Spray

By Application Type

  • In-house Surfaces
  • Instrument Disinfection
  • Others

By End-user

  • Hospital & Clinics
  • Households
  • Laboratories
  • Hotel/Restaurants/Cafes
  • Educational Institutes
  • Others

By Region

North America

  • USA
  • Canada
  • Mexico

Europe

  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Rest Of Europe

Asia Pacific

  • China
  • Japan
  • India
  • South Korea
  • Indonesia
  • Rest of Asia Pacific

LAMEA

  • Latin America
  • Middle East
  • Africa

For more insights on market intelligence, refer to the link below: –

Global Surface Disinfectant Market

Related Reports By Ken Research:-

Global Hair Serum Market Outlook to 2027 by product type (Hair treatment serum, hair styling serum), by gender (women, Men), by nature (organic, conventional), by distribution channel (Offline, Online), by Region (Australia, Europe, North America, South America, Middle East, Asia Pacific)

According to Ken Research estimates, the Global Hair Serum Market which grew at a robust CAGR from 2017-2022 & is forecasted to grow steadily from 2022-2027 driven by increase in fast fashion trends, rising disposable income alongside active advertising campaigns. Increasing incidences of Hair Loss alongside fast fashion trends are driving the market growth for Global hair Serum Market. North America accounts for a major chunk of the market share owing to rising awareness regarding hair loss & solutions respectively.

India Untreated Mosquito Nets Market Outlook to 2024- By Unorganized and Organized, By Product Type (Frame/Foldable and Hanging), By Material Used (HDPE & Polyester, Nylon and Cotton), By Bed Size (Double Bed and Single Bed), By Regional Clusters and By Distribution Channel (Offline and Online)

The report covers various aspects including overview & genesis of the market, market trends and challenges, market size by revenue and volume, findings of a detailed customer survey conducted across tier-2 and tier-3 cities in India for understanding product adoption, perception and future demand for untreated mosquito net products in various regions, along with segmentations for regional clusters (North India, South India, West India, South India and Central India). The report also maps the competitive landscape of the market including pricing analysis by SKUs, major distributors and their strengths, weaknesses and product innovations.

Global Oleoresins Market Outlook to 2025- By Product Type (Paprika, Black Pepper, Turmeric, Capsicum, Ginger, Marigold, Onion and Others), By Application (Food & Beverages, Nutraceuticals & Pharmaceuticals, Animal Feed and Others) and By Region (US, Brazil, UK, Germany, France, India, China and Others).

 The report also covers the overview and genesis of the industry, overall market size in terms of revenue, segmentation on the basis of oleoresins types, major applications and demand regions, country profiles, trends and developments, issues and challenges, government regulations, value chain analysis, porter's five forces analysis, competitive scenario and company profiles of major players in the  industry. The report concludes with future market projection and analyst recommendations highlighting the major opportunities and cautions for new and existing players in the market.

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Contact Us:-
Ken Research Private Limited
Ankur Gupta, Director Strategy and Growth
Ankur@kenresearch.com
+91-9015378249

Logo: https://mma.prnewswire.com/media/1954972/Ken_Research_Logo.jpg

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