Surface Disinfectant Market is Expected to Clock a Notable CAGR of 8.5% and Reach USD 6.08 Billion by 2030

Market Summary

The global market for surface disinfectants reached a value of USD 2.92 billion in 2021 and is projected to experience a compound annual growth rate (CAGR) of 8.5% during the forecast period. The market growth is primarily driven by factors such as increasing awareness about hygiene due to the COVID-19 pandemic, rising healthcare expenditure, growing demand for eco-friendly surface disinfectants, and the use of surface disinfectants in hospitals to prevent infections and ensure patient care. Disinfectants are agents that kill or deactivate microorganisms on non-living surfaces. Their regular application is effective in preventing the spread of infectious diseases, especially COVID-19. The World Health Organization recommends the use of surface virucidal disinfectants containing sodium hypochlorite and ethanol-based products for household use to prevent the transmission of COVID-19, contributing to market growth.

Disinfection procedures are crucial in reducing the contamination of the COVID-19 virus in various settings such as residences, workplaces, schools, gyms, and public places. Chlorine is commonly used to sanitize swimming pools and sterilize water, effectively eliminating bacteria. The demand for surface disinfectants is also increasing in hospitals, particularly in isolation rooms where thorough disinfection is required to prevent the spread of infections. Surgical procedures and surgeries necessitate proper disinfection to avoid infections, making surface disinfectants, especially antibacterial wipes, highly preferred in healthcare settings. Additionally, the rising cases of hospital-acquired infections are driving the demand for surface disinfectants and sanitizers.

Market Dynamics: Driver: Increasing demand for eco-friendly disinfectants The rising demand for eco-friendly disinfectants is a major driver of market growth. Environmentally friendly products reduce chemical exposure risks and promote respiratory health, contributing to market expansion. The World Health Organization recommends the use of environmentally friendly disinfectants that are biodegradable, harmless, and contain low levels of volatile organic chemicals.

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Another driver is the increasing demand for enzymatic disinfectants, which are effective in cleaning surfaces, toilets, and public restrooms, as well as unclogging drains. Enzymatic disinfectants break down organic pollutants such as oils and greases, making them suitable for various applications.

Restraint: Health issues associated with chlorine exposure Exposure to low levels of chlorine can cause irritation to the eyes, throat, and nose. Higher concentrations can lead to respiratory issues such as altered breathing patterns and coughing. Chlorine is widely used in industries such as bleach production and pool maintenance, posing health risks to workers. Similarly, sodium hypochlorite, while effective in destroying pathogens, can also have toxic effects on human health and the environment.

Key Takeaways: Composition Outlook: The market is segmented based on composition, including chlorine compounds, alcohol, hydrogen peroxide, quaternary ammonium compounds, peracetic acid, and others. Chlorine compounds are widely used for disinfection purposes, particularly in water treatment and food processing operations. Alcohol-based disinfectants are popular for hand sanitizers and surface cleaning due to their low cost and quick evaporation.

Type Outlook: The market is segmented based on type, including wipes, liquids, and sprays. Disinfectant wipes are favored for their convenience, single-use nature, and rapid kill times. They are effective in preventing cross-contamination and are particularly useful in sterile settings like operating rooms.

End-use Outlook: The market is segmented based on end-use, including hospitals, diagnostic laboratories, research laboratories, and pharmaceutical & biotechnology companies. Hospitals account for a significant share of the market due to the need for thorough disinfection in healthcare settings. Quaternary ammonium compounds are commonly used for disinfection in hospitals.

Surface Disinfectant Market: Drive factors

The surface disinfectant market is driven by several factors, including:

1.      COVID-19 Pandemic: The global spread of the COVID-19 pandemic has significantly increased the demand for surface disinfectants. Rising awareness regarding hygiene and the need to prevent the spread of the virus have led to increased usage of surface disinfectants in various settings, including households, workplaces, hospitals, schools, and public spaces.

2.      Increasing Healthcare Expenditure: The growing healthcare expenditure, particularly in developing countries, has contributed to the demand for surface disinfectants. Healthcare facilities require effective disinfection to maintain a clean and safe environment for patients, healthcare professionals, and visitors, thereby driving the market growth.

3.      Surge in Demand for Environment-friendly Disinfectants: There is a rising demand for environmentally friendly surface disinfectants that are biodegradable and do not contain harmful chemicals. Consumers are increasingly conscious of the environmental impact of disinfectants, leading to a preference for eco-friendly options. This demand has driven the development and availability of sustainable surface disinfectants in the market.

4.      Increased Number of Surgeries and Medical Procedures: The rise in the number of surgeries and medical procedures being performed worldwide has led to an increased use of surface disinfectants in healthcare settings. Proper disinfection of surgical instruments, equipment, and surfaces is crucial to prevent infections and ensure patient safety.

Overall, the increasing focus on hygiene, the impact of the COVID-19 pandemic, healthcare infrastructure development, environmental concerns, and regulatory requirements are key driving factors for the growth of the surface disinfectant market.

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