Surface Disinfectants Market by Type, Product, and Geography - Forecast and Analysis 2021-2025

  • Published: Aug 2021
  • Pages: 120
  • SKU: IRTNTR43368
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The surface disinfectants market has the potential to grow by USD 999.69 million during 2021-2025, and the market’s growth momentum will decelerate at a CAGR of 5.53%.

This surface disinfectants market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (hypochlorite, quaternary ammonium compounds, hydrogen peroxide, chlorhexidine gluconate, and others), type (liquids, sprays, and wipes), and geography (North America, Europe, APAC, MEA, and South America). The surface disinfectants market report also offers information on several market vendors, including 3M Co., BASF SE, Clariant International Ltd., Ecolab Inc., Reckitt Benckiser Group Plc, S. C. Johnson and Son Inc., Solvay SA, STERIS Plc., The Clorox Co., and The Procter and Gamble Co. among others.

What will the Surface Disinfectants Market Size be in 2021?

Surface-Disinfectants-Market-Market-Size-2020-2025

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Surface Disinfectants Market: Key Drivers and Trends

Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The increasing investments in the healthcare industry is notably driving the surface disinfectants market growth, although factors such as the rising popularity of UV radiation as a substitute for surface disinfectants may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the surface disinfectants industry get your FREE report sample now.

  • Healthcare expenditure is increasing at a substantial rate across the world, and this is expected to fuel the demand for surface disinfectants.
  • The rise in healthcare expenses will increase the setting up of hospitals, which will accelerate the consumption of surface disinfectants for preventing hospital-acquired infections such as urinary tract infections, lung infections, wound infections, and surgical-site infections.
  • With growing investments in the healthcare industry, the demand for surface disinfectants will increase during the forecast period.
  • The introduction of innovative products will be one of the critical surface disinfectants market trends that will impact market growth.
  • To improve the efficiency of the products and to differentiate them from their competitors, surface disinfectant manufacturers are adopting new technologies to introduce innovative products.
  • They are focusing more on the reliability and ready usability of disinfectants.
  • One of the key competitors, The Clorox Company, has already launched a product that effectively cleans and disinfects surfaces such as restrooms, offices, and home appliances.

This surface disinfectants market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Surface Disinfectants Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • 3M Co.
  • BASF SE
  • Clariant International Ltd.
  • Ecolab Inc.
  • Reckitt Benckiser Group Plc
  • S. C. Johnson and Son Inc.
  • Solvay SA
  • STERIS Plc.
  • The Clorox Co.
  • The Procter and Gamble Co.

 

The surface disinfectants market is fragmented and the vendors are deploying growth strategies such as procuring high-quality raw materials and focusing on product-related R&D to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the surface disinfectants market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Surface Disinfectants Market?

Surface-Disinfectants-Market-Market-Share-by-Region-2020-2025

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64% of the market’s growth will originate from North America during the forecast period. The US is a key market for surface disinfectants in North America. Market growth in North America will be faster than the growth of the market in other regions.

The presence of a large number of hospitals, corporate buildings, and educational institutions and the increased awareness about self-hygiene among people will facilitate the surface disinfectants market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Product Segments in the Surface Disinfectants Market?

Surface-Disinfectants-Market-Market-Share-by-Product-2020-2025

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The surface disinfectants market share growth by the hypochlorite segment will be significant during the forecast period. Hypochlorite is extensively used as a disinfectant and is available in the liquid form, for example, sodium hypochlorite, as well as in the solid form, for example, calcium hypochlorite. Hypochlorite disinfectants perform a range of antimicrobial activities and are unaffected by water hardness. They are inexpensive and act fast on a variety of surfaces. The demand for hypochlorite is increasing as it is available in the sodium hypochlorite and calcium hypochlorite forms.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the surface disinfectants market size.

 

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What are the Key Factors Covered in this Surface Disinfectants Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive surface disinfectants market growth during the next five years
  • Precise estimation of the surface disinfectants market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the surface disinfectants industry across North America, Europe, APAC, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of surface disinfectants market vendors

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Surface Disinfectants Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Decelerate at a CAGR of 5.53%

Market growth 2021-2025

$ 999.69 million

Market structure

Fragmented

YoY growth (%)

7.07

Regional analysis

North America, Europe, APAC, MEA, and South America

Performing market contribution

North America at 64%

Key consumer countries

US, China, Germany, UK, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

3M Co., BASF SE, Clariant International Ltd., Ecolab Inc., Reckitt Benckiser Group Plc, S. C. Johnson and Son Inc., Solvay SA, STERIS Plc., The Clorox Co., and The Procter and Gamble Co.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Hypochlorite - Market size and forecast 2020-2025
    • Quaternary ammonium compounds - Market size and forecast 2020-2025
    • Hydrogen peroxide - Market size and forecast 2020-2025
    • Chlorhexidine gluconate - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by Product

    Market Segmentation by Type

    • Market segments
    • Comparison by Type
    • Liquids - Market size and forecast 2020-2025
    • Sprays - Market size and forecast 2020-2025
    • Wipes - Market size and forecast 2020-2025
    • Market opportunity by Type

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • North America - Market size and forecast 2020-2025
    • Europe - Market size and forecast 2020-2025
    • APAC - Market size and forecast 2020-2025
    • MEA - Market size and forecast 2020-2025
    • South America - Market size and forecast 2020-2025
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Overview
    • Vendor landscape
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • 3M Co.
    • BASF SE
    • Clariant International Ltd.
    • Ecolab Inc.
    • Reckitt Benckiser Group Plc
    • S. C. Johnson and Son Inc.
    • Solvay SA
    • STERIS Plc.
    • The Clorox Co.
    • The Procter and Gamble Co.

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
    Technavio

    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
    Technavio

    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
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    The surface disinfectants market growth will increase by $387.99 million during 2019-2024.
    The surface disinfectants market is expected to grow at a CAGR of 11.59% during 2019-2024.
    Technavio has segmented the surface disinfectants market by product (Hypochlorite, Quaternary ammonium compounds, Hydrogen peroxide, Chlorhexidine gluconate, and Others) and geographic (North America, Europe, APAC, South America, and MEA).
    3M Co., BASF SE, Clariant International Ltd., Ecolab Inc., Reckitt Benckiser Group Plc, S. C. Johnson & Son Inc., Solvay SA, STERIS Plc, The Clorox Co., The Procter & Gamble Co. are a few of the key vendors in the surface disinfectants market.
    North America will register the highest growth rate of 63.47% among the other regions. Therefore, the surface disinfectants market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
    The key factors driving the surface disinfectants market growth are:
    • Increasing number of health issues because of HAI
    The surface disinfectants market vendors should focus on grabbing business opportunities from the hypochlorite segment as it accounted for the largest market share in the base year.
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