Global Surface Disinfectant Market

" In 2021, the global surface disinfectant market is estimated to be worth USD ~5.6 billion, and it is expected to expand at a compound annual growth rate (CAGR) of 8% from 2022 to 2030. The demand is expected to be driven by the increasing popularity of medical care. Globally Associated Infections (HAI). Due to the unprecedented COVID-19 outbreak, the demand for active ingredients and raw materials has dropped significantly, leading to the closure of global factories and production bases. Several factories have been closed, and some factories are operating at a slower rate, resulting in a gap between supply and demand. However, increased demand for disinfectants, disinfectants and cleaning products, especially in the healthcare sector, may trigger market growth.
 Market growth can be attributed to a variety of factors, including increased automobile production, construction and infrastructure activities, travel (leisure and business), industrial production, and the need to keep these places clean. In addition, the growing demand for eco-friendly solutions (such as bio-based surface disinfectants) continues to promote the development of the industry in multiple countries/regions. It is expected that the wine market segment will maintain a prominent market share in the next few years. 

 

In addition, the increase in the use of alcohol on hard surfaces in laboratories and hospitals is expected to trigger the growth of this segment. Other key components, including peracetic acid and hydrogen peroxide, are expected to increase significantly in the near future due to their increasing use in surface disinfection preparations. However, chemical cleaning and disinfection products pose a threat to living organisms and can enter the human body through ingestion, inhalation and skin absorption. 

 

Chemical agents can irritate the respiratory system, eyes and skin. The above factors are expected to slow down the market growth in the next few years. In addition, consumers of surface disinfectants mainly include various production units, namely transportation, automobile industry, food and beverage processing facilities (poultry hygiene and meat), hotel and catering industry, and construction. Service contractors and cleaning companies, retail (supermarkets), provincial governments, municipalities, hospitals and various other commercial facilities. 

 

A large part of the buyers in the ecosystem are multinational companies, including international restaurants and large hotels. The market includes several major players, some of which are regional, while others are global.

 

PRODUCT TYPE INFORMATION: 

In 2020, chemical products will occupy a leading position in the market with a 90% revenue share. Chemical disinfectant products are mainly divided into two categories: oxidizing disinfectant and non-oxidizing. Non-oxidizing products include alcohols, aldehydes, amphoteric phenols and quaternary ammonium compounds (QAC). Disinfectants are generally divided into three categories, namely low-level (phenols, QAC), intermediate (alcohol, hypochlorite, iodine, iodophor) and high-level disinfectants (hydrogen peroxide, glutaraldehyde, formaldehyde, o-phthalaldehyde) ,peracetic acid).

 

 Hypochlorite is one of the most needed chlorine disinfectants, available in liquid (sodium hypochlorite) and solid (sodium dichloroisocyanurate and calcium hypochlorite) forms. The use of hypochlorite at the correct contact time and precise dilution can eradicate both enveloped and nonenveloped viruses.

 

 Iodophor is used as a disinfectant and preservative, and is believed to be effective against various types of microorganisms. Bio-based surface disinfectants are expected to become potential substitutes for their chemical counterparts due to their biodegradable, non-toxic and environmentally friendly properties. The FDA;s approval of the use of bio-based products in the formulation and commercialization of surface disinfectants is expected to create important opportunities for market participants during the forecast period.

 

FROM INSIGHT: 

The liquid form part accounts for the largest revenue share in 2020, at 64%. Liquid surface disinfectants are usually in the form of gels or low-viscosity liquids. They are potent, bactericidal or toxic antimicrobial chemicals that can be used in contaminated areas. They are used in a variety of household and industrial applications, including sealed marble countertops, sealed granite countertops, bathroom floors, and outdoor electrical areas (such as toasters). 

 

Stoves and microwave ovens), appliances with kitchen accessories, enamel paint, glazed ceramics, stainless steel, windows, glass, vinyl and plastic. Bio-based surface disinfectants are mainly used in liquid form. Sodium hypochlorite is one of the most important liquid disinfectant products in the animal husbandry industry. It is an aqueous solution of 4-6% sodium hypochlorite, which is not affected by water hardness and is easily available as a bleaching agent. 

 

It has broad-spectrum antibacterial activity and low toxicity, and it is inexpensive and has a quick effect. These liquid disinfectants are used to eliminate the risks of various diseases and treat livestock infections. However, they are used in feed processing because they are more dilute and less toxic to avoid any type of side effects.

 

 APPLICATION INSIGHT: 

The internal application department has the largest revenue share in 2020, at 65%. Interior surface applications include domestic, commercial and industrial surfaces. The Centers for Disease Control and Prevention (CDC) has developed guidelines and recommendations for cleaning and disinfection processes that must be followed internally. The internal surface disinfection process may not clean or kill all bacteria, but it does reduce the risk of infection and disease transmission caused by bacteria, fungi or viruses. This factor may promote the growth of this market segment. 

 

In addition, the growing demand from households has driven the production of disinfectants by major players including Clorox and Lysol. As consumers; awareness of adverse effects on the environment and health continues to increase, the internal application department provides a profitable growth opportunity for bio-based surface disinfectants. 

 

However, the low availability of this product and the introduction stage of bio-based products limit the sale and acceptance of this product in a wider range. Medical professionals and consumers have an increasing demand for surface disinfectants for cleaning equipment, which may drive the demand for products in the form of instrument wipes and sprays. Increased government investment in research and development infrastructure and concerns about laboratory biohazard-related hazards have increased the demand for disinfection and cleaning of laboratory equipment and instruments in medical facilities and industries, such as food processing and meat processing.

 

END USE INFORMATION: 

In 2020, the commercial end-use segment has the largest revenue share at 45%. Commercial end uses of these products include applications in hotels, restaurants, coffee shops, bars, offices, and other commercial surfaces. In recent years, the hotel industry has generally benefited from the increase in consumer spending; however, global closures and temporary closures of office space during the COVID-19 pandemic are expected to generate growth in the commercial end-use sector in the coming years. In addition, major business giants are increasingly recognizing the benefits of working from home, which may worsen the growth of this segment in the near future.

 

 REGIONAL INFORMATION: 

North America has the largest revenue share in 2020, close to 33%. In North America, changing regulations, health and hygiene awareness, healthcare expenditures, and increased R&D activities between raw material manufacturers and product formulators. And end users have provided motivation for the surface disinfectant industry in recent years. However, in 2020, the market experienced strong growth due to the spread of the COVID-19 pandemic in North America. 

 

Due to concerns about disease and infection, the demand for surface disinfectants may increase, especially during COVID-19. As the epidemic continues to spread in the United States, in addition to wearing personal protective equipment and maintaining social distance, disinfection of hands and floors has become essential for consumers. 

The government's extensive support for keeping the environment clean has also accelerated the consumption of surface disinfectants by end users. In addition, with the spread of epidemics in European countries, demand in the European market has increased sharply. International players are expanding their manufacturing facilities in the region to meet demand and provide services to local European healthcare facilities. R&D and technological progress in production technology have further promoted the market in this region.

 

 MAJOR COMAPANIES AND MARKET SHARE PROSPECTS : 

The surface disinfectant market participants have been subdivided into Tier 1, Tier 2, and Tier 3 companies. This player segmentation is based on product diversity, market penetration, and revenue collection from the commercial surface disinfectant business. First-tier players include S.C. Johnson Professional, Lonza, Clorox, and Reckitt Benckiser Group Plc. 

 

He Ecolabs total market share in 2019 is approximately 30%-35%. Clorox;s total revenue is approximately US$6.2 billion. Similarly, Ecolab Inc. and Reckitt Benckiser Group Plc. The annual sales in 2019 were approximately US$14.9 billion and US$16 billion, respectively. These companies provide a broad portfolio of surface disinfection products on a global scale, and their respective market value shares are expected to exceed 7%, so they are expected to fall into the category of primary market participants. Some of the major players in the global surface disinfectant market include: Lonza LLC The Clorox Company Stephan Company Procter & Gamble Company. 

 

MARKET SEGMENTS COVERED BY THE REPORT: 

The report forecasts global, regional and national revenue and sales growth, and analyzes the latest industry trends and opportunities in each market segment from 2022-2030. For the purpose of this research, Kenneth research has segmented the global surface disinfectant market report according to product type, form, application, end use and region: Product type outlook (quantity, kilotons; revenue, millions of dollars, 2022-2030) Phenolic reagent aldehydes and other biologically based views (volume, kilotons; revenue, million dollars, 2022-2030) application prospects of liquid wipes (volume, kilotons; revenue, million dollars, 2022-2030) Instrument Intern Other 2022-2030) Hospital Laboratory Home Industry Commercial. "
 

Geography Analysis:

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

• North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
• Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
• Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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