Austin, TX, US, May 18, 2023 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Surface Disinfectant Market Size, Trends and Insights By Composition (Chemical, Bio-based), By Type (Liquid, Wipes, Sprays), By End-user (Hospitals, Laboratories, Households, Hospitality, Airports, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032” in its research database.
“According to the latest research study, the demand for global Surface Disinfectant Market size & share was valued at approximately USD 3.33 Billion in 2022 and is expected to reach USD 3.66 Billion in 2023 and is expected to reach a value of around USD 6 Billion by 2030, at a compound annual growth rate (CAGR) of about 8% during the forecast period 2023 to 2030.”
Our research report offers a 360-degree view of the Surface Disinfectant market’s drivers and restraints, coupled with their impact on demand during the projection period. Also, the report examines global opportunities and competitive analysis for the Surface Disinfectant market.
Click Here to Access a Free Sample Report of the Global Surface Disinfectant Market @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=20114
Surface Disinfectant Market: Overview
The increase in the demand for disinfectants used on livestock farms is one reason for the expansion, along with changes in lifestyle in emerging nations’ economies and livestock farmers’ awareness of animal diseases. Due to the COVID-19 epidemic, which caused numerous industrial centers and factories to close globally, there has been a significant decrease in demand for raw materials and active chemicals.
In addition, there has been a mismatch between supply and demand due to several factories operating at lower capacity or possibly shutting down. However, an increase in the need for cleaning supplies, sanitizers, and disinfectants is anticipated to benefit market expansion.
(A free sample of the Surface Disinfectant report is available upon request; please contact us for more information.)
Our Free Sample Report Consists of the following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2023 updated report.
- The COVID-19 Pandemic Outbreak Impact Analysis is included in the package.
- About 220+ Pages Research Report (Including Recent Research)
- Provide detailed chapter-by-chapter guidance on the Request.
- Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2023
- Includes Tables and figures have been updated.
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
- Custom Market Insights (CMI) research methodology
(Please note that the sample of the Surface Disinfectant report has been modified to include the COVID-19 impact study prior to delivery.)
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Growth Factors
The by-products of the petroleum industry make up most of the raw materials used to manufacture surface disinfectants. These natural ingredients are generally sourced locally by firms in China, North America, and the developed economies of Europe. The industry has recently noticed a movement in the employment of biodegradable surface cleaners to reduce toxicity caused by chemicals.
Biodegradable surface disinfectants can be made from less expensive, more readily available raw ingredients. As a result, surface disinfectants have seen a small to moderate price increase; nevertheless, the COVID-19 pandemic’s unexpected increase in demand has led to supply constraints, which have further increased prices in 2020 and may continue at least into the first half of 2021.
The regulatory standards for disinfection in commercial, industrial, and institutional environments are stringent, increasing demand for the product. Disinfectants for surfaces contain a variety of chemicals that, when used by instructions, produce beautiful results. They aid in stopping the spread of certain diseases and their incidence. These, however, might be dangerous to both people and animals, and they might even cause environmental issues. Lack of information regarding the safe use of surface disinfectants and the health risks of these products may represent a challenge to market expansion.
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Segmental Overview
The market for Surface Disinfectants is segmented into composition, type, and end-users. With a significant revenue share of over 91.5% in 2021, the chemical composition segment led the global market and is anticipated to remain the leading segment over the coming years.
Hydrogen peroxide is increasingly used in businesses like the food packaging industry and hospitals to disinfect diverse surfaces. Additionally, the growing use of alcohols and quaternary ammonium compounds is predicted to positively affect market expansion. Oxidizing and non-oxidizing chemical surface disinfectants are the two main categories. Aldehydes, alcohol, quaternary ammonium compounds, and amphoteric phenolics are examples of non-oxidizing disinfectants (QACs).
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Regional Overview
With a revenue share of more than 30% in the world market in 2021, North America dominated it. Many regulatory agencies, including the U.S. Environmental Protection Agency and Health Canada, have approved using these disinfection products in their respective nations.
The market expansion in North America over the past several years has been driven by the constantly changing legislation, healthcare spending, awareness of health & hygiene, and increased R&D activity amongst surface disinfectant producers, raw material suppliers, and end-users.
Key questions answered in this report:
- What is the size of the Surface Disinfectant market and what is its expected growth rate?
- What are the primary driving factors that push the Surface Disinfectant market forward?
- What are the Surface Disinfectant Industry's top companies?
- What are the different categories that the Surface Disinfectant Market caters to?
- What will be the fastest-growing segment or region?
- In the value chain, what role do essential players play?
- What is the procedure for getting a free copy of the Surface Disinfectant market sample report and company profiles?
Request a Customized Copy of the Surface Disinfectant Market Report @ https://www.custommarketinsights.com/report/surface-disinfectant-market/
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2023−2032
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
- Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
In Europe, the market has seen a rise in demand due to the COVID-19 pandemic. Several international corporations are consistently growing their presence in the region by establishing several production and manufacturing sites to fulfill the rising request and supply the local healthcare institutions.
Report Scope
| Feature of the Report | Details |
| Market Size in 2021 | USD 3 Billion |
| Projected Market Size in 2030 | USD 6 Billion |
| Market Size in 2022 | USD 3.33 billion |
| CAGR Growth Rate | 8% CAGR (2022-2030) |
| Base Year | 2022 |
| Forecast Period | 2023-2032 |
| Prominent Players | PDI Inc., W.M. Barr, GOJO Industries Inc., Spartan Chemical Company Inc., Carenowmedical, W.W. Grainger Inc., Reckitt Benckiser Group PLC, PaxChem Ltd., Star Brands Ltd., BODE Chemie GmbH, The 3M Company, Ecolab, The Clorox Company, Procter & Gamble, Whiteley Corp., Lonza, BASF SE, SC Johnson Professional, Evonik Industries AG, Medline Industries Inc., Kimberley-Clark Corporation (KCWW), and Others |
| Key Segment | By Composition, Type, End-user, and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Key Players Insights
Due to the existence of many multinationals competing to meet the high demand from a sizable base of end-users and consumers, the market’s competitive landscape is highly fragmented. Important businesses are using new marketing strategies and cutting-edge technologies to expand their customer base.
By increasing their productivity, operational effectiveness, and lead time reduction, manufacturers focused on controlling and optimizing supply efficiency and remaining competitive in the market. Many businesses now make biobased surface disinfectants due to rising consumer awareness of the toxicity of chemical-based treatments and rising disposable incomes among most people in industrialized economies.
- In March 2022, illuminate, a cutting-edge technology company focusing on healthy building solutions, was awarded a global patent for its disinfectant LED white light, clean white. The ground-breaking item is the only white light-based disinfection system capable of safely, continuously, and quickly sanitizing high-touch areas while a room is occupied. According to independent research, CleanWhite LED technology can eliminate 99% of surface infections without the need for harsh chemicals, including bacteria, spores, mold, biofilms, and viruses like SARS-CoV-2.
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Browse the full “Surface Disinfectant Market Size, Trends and Insights By Composition (Chemical, Bio-based), By Type (Liquid, Wipes, Sprays), By End-user (Hospitals, Laboratories, Households, Hospitality, Airports, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032” Report at https://www.custommarketinsights.com/report/surface-disinfectant-market/
Prominent Players
- PDI Inc.
- M. Barr
- GOJO Industries Inc.
- Spartan Chemical Company Inc.
- Carenowmedical
- W. Grainger Inc.
- Reckitt Benckiser Group PLC
- PaxChem Ltd.
- Star Brands Ltd.
- BODE Chemie GmbH
- The 3M Company
- Ecolab
- The Clorox Company
- Procter & Gamble
- Whiteley Corp.
- Lonza
- BASF SE
- SC Johnson Professional
- Evonik Industries AG
- Medline Industries Inc.
- Kimberley-Clark Corporation (KCWW)
- Others
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- Comprehensive coverage
- Maximum number of market tables and figures
- The subscription-based option is offered.
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The global Surface Disinfectant market is segmented as follows:
By Composition
- Chemical
- Bio-based
By Type
- Liquid
- Wipes
- Sprays
By End-user
- Hospitals
- Laboratories
- Households
- Hospitality
- Airports
- Others
Click Here to Get a Free Sample Report of the Global Surface Disinfectant Market @ https://www.custommarketinsights.com/report/surface-disinfectant-market/
On the basis of Geography
North America
- The U.S.
- Canada
- Mexico
Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Click Here to Get a Free Sample Report of the Global Surface Disinfectant Market @ https://www.custommarketinsights.com/report/surface-disinfectant-market/
This Surface Disinfectant Market Research/Analysis Report Contains Answers to the following Questions.
- Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Surface Disinfectant Market? What are Their Company Profile, Product Information, and Contact Information?
- What Was the Global Market Status of the Surface Disinfectant Market? What Was the Capacity, Production Value, Cost and PROFIT of the Surface Disinfectant Market?
- What Is the Current Market Status of the Surface Disinfectant Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of Surface Disinfectant Market by Considering Applications and Types?
- What Are Projections of the Global Surface Disinfectant Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
- What Is Surface Disinfectant Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is the Economic Impact On Surface Disinfectant Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Surface Disinfectant Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Surface Disinfectant Industry?
Click Here to Access a Free Sample Report of the Global Surface Disinfectant Market @ https://www.custommarketinsights.com/report/surface-disinfectant-market/
Reasons to Purchase Surface Disinfectant Market Report
- Surface Disinfectant Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
- Surface Disinfectant Market report outlines market value (USD) data for each segment and sub-segment.
- This report indicates the region and segment expected to witness the fastest growth and dominate the market.
- Surface Disinfectant Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
- The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
- Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
- The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
- Surface Disinfectant Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain.
Reasons for the Research Report
- The study provides a thorough overview of the global Surface Disinfectant market. Compare your performance to that of the market as a whole.
- Aim to maintain competitiveness while innovations from established key players fuel market growth.
Directly Purchase a copy of the report [220+ Pages] @ https://www.custommarketinsights.com/report/surface-disinfectant-market/
What does the report include?
- Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Surface Disinfectant market analysis.
- The competitive environment of current and potential participants in the Surface Disinfectant market is covered in the report, as well as those companies' strategic product development ambitions.
- According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.
- For each segment mentioned above, actual market sizes and forecasts have been given.
Who should buy this report?
- Participants and stakeholders worldwide Surface Disinfectant market should find this report useful. The research will be useful to all market participants in the Surface Disinfectant industry.
- Managers in the Surface Disinfectant sector are interested in publishing up-to-date and projected data about the worldwide Surface Disinfectant market.
- Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Surface Disinfectant products' market trends.
- Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.
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