Global Surface Disinfectants Market size worth over USD 9 billion by 2027

According to a new research report by Global Market Insights Inc., the global Surface Disinfectants Market size is set to surpass USD 9 Billion by 2027 owing to rising COVID-19 cases worldwide and increasing consciousness about health and hygiene.
 

Additionally, stringent regulations for using surface disinfectants in healthcare and food & beverage industries in developed countries such as the U.S., Germany, France, UK, and Australia coupled with the growing healthcare industry in emerging economies is predicted to escalate surface disinfectants market growth in the future.
 

Easy availability and increasing usage in healthcare industry is anticipated to escalate chemical-based product demand

Chemical-based surface disinfectant segment is expected to witness significant growth and reach at the value of USD 8.5 billion by the end of 2027. A wide range of chemical-based surface disinfectant products with pleasant & fresh fragrances are easily available in the market. These products when used properly as per the guidelines yield excellent results, which further help to prevent the transmission and occurrence of diseases.

The need for chemical-based products from the healthcare industry has increased significantly due to the COVID-19 pandemic spread across the globe. The sudden spike in product demand has led surface disinfectant producers to escalate their production capacities to meet the growing product demand from the healthcare industry.

The hypochlorite segment is expected to reach over USD 2.85 billion by 2027. The usage of hypochlorite surface disinfectants has increased as they are easy to transport and store. When sodium hypochlorite is released in water, it produces hypochlorous acid. This acid reacts with pathogens present on surfaces such as viruses, protozoa, & bacteria, and deactivates and prevents them from being able to reproduce. In 2020, the alcohols segment was valued at USD 1.6 billion and is predicted to grow at a CAGR of over 8% from 2020 to 2027. Various advantages such as low cost, fast evaporation, and less odor of alcohol are the major factors promoting the usage of alcohol surface disinfectants.
 

Growing demand from residential sector will foster the surface disinfectants wipes demand

Surface disinfectants wipes segment accounts for a significant share in the global market and is anticipated to reach over USD 785 million by the year 2027. Wipes are pre-soaked with a disinfectant and are packed in rolls for easy access. Surface disinfectants wipes are gaining high acceptance in the residential sector as these products are more convenient & easier to use and are mainly used to disinfect and clean electronics, doorknobs, doors, and windows. Increasing consumer demand for highly convenient surface disinfectants products is driving surface disinfectant wipes market growth.
 

Growing focus towards food safety should boost surface disinfectant demand from food & beverage end user segment

Surface disinfectant food & beverage segment is predicted to grow during the anticipated period and is predicted to reach over USD 2.5 billion by the year 2027. In the food and beverage sector, surface disinfectants are routinely used to ensure that the food produced are free from microorganisms that may cause foodborne illness. Disinfection of the food production line is an essential step in achieving high-quality standards.
 

Availability of wide range of products at lower prices have escalated surface disinfectants sale through the offline distribution channel

Surface disinfectants distribution through offline segment is predicted to reach USD 7 billion by 2027. Offline distribution channels such as supermarkets, hypermarkets, departmental stores, and retailer stores offer extensive product varieties for surface disinfectants offered by various brands on a single shelf. This helps the customers to compare products offered from different brands and select the best products available in the market as per their requirements. These stores also offer products at lower or discounted prices; thus, the surface disinfectant product sale has increased through the offline distribution channel.

Browse key industry insights spread across 260 pages 353 market data tables and 25 figures & charts from the report “Surface Disinfectants Market Size By Product (Chemical-based {Quaternary Ammonium Compounds, Hypochlorite, Alcohols, Aldehydes, Peroxides}, Bio-based), By Form (Liquids, Wipes, Spray), By End-user (Healthcare, Hospitality, Food & Beverage, Residential), By Distribution Channel (Online, Offline) Industry Analysis Report, Regional Outlook, Application Potential, Price Trend, Competitive Market 2021- 2027” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/surface-disinfectant-market
 

Increasing consumer preference for bio-based and eco-friendly surface disinfectants in Europe should propel product demand

Europe surface disinfectants market is predicted to reach over USD 2.5 billion by the year 2027. High disposable incomes along with growing consumer willingness to pay higher prices for bio-based and nature-friendly surface disinfectants products are supporting the surface disinfectants market growth in Europe.
 

In addition to that growing consumer awareness about the adverse impacts of chemicals used in surface disinfectants on the environment and human health will escalate the bio-based product demand. Moreover, the rising focus towards hygiene and cleanliness, especially during the COVID-19 pandemics has increased the usage of surface disinfectants, thus driving market growth.
 

The major players include Ecolab, The Clorox Company, Proctor & Gamble, Reckitt Benckiser Group, and 3M Group which play a significant role in surface disinfectants industry. Companies operating in the surface disinfectants market are implementing multiple strategies such as the expansion of product portfolio, acquisition, merger, and partnerships to sustain their market position in the global market.