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01-Jul-2024

Global Surface Disinfectant Market Poised for Rapid Growth, Projected to Reach USD 39,419.3 million by 2034

The global surface disinfectant market is set to experience substantial growth, fueled by a projected Compound Annual Growth Rate (CAGR) of 17.2% from 2024 to 2034. According to recent industry analysis, the market, valued at USD 7,421 million in 2023, is expected to surge to USD 39,419.3 million by 2034, up from USD 8,095.5 million in 2024.

The escalating demand for effective surface disinfection solutions has become increasingly evident following the emergence of new pathogens and communicable diseases. Heightened regulatory measures aimed at ensuring public health safety by maintaining clean environments are driving this surge in demand for surface disinfectants on a global scale.

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Because microorganisms are very adaptable, there is always a greater need for research and development by industries to come up with new formulations and products. A shift in culture toward cleanliness with growing consumer knowledge of hygiene practices has increased the need for surface disinfectants as a regular preventive treatment in homes, workplaces, and public areas.

“Environmental hygiene became a top priority for consumers, companies, and healthcare facilities after the outbreak of Covid-19 leading to an increased usage of disinfectants worldwide. The constant need for surface disinfectants in the following years has fueled the importance of establishing disinfectant chemical industries in new localities,” says an FMI analyst.

Key Takeaways from the Global Surface Disinfectant Market Study Report:

  • The surface disinfectant industry in the United States dominates the global market and is poised to advance at a moderate 7.7% CAGR through 2034.
  • The demand for surface disinfectant products in the United Kingdom is anticipated to rise at a CAGR of 11.1% during the forecasted years.
  • China holds a greater share of the surface disinfectant production in whole Asia and the regional market is poised to grow at a 22.3% CAGR through 2034.
  • India is emerging as a highly lucrative market for global surface disinfectant manufacturers, with an impressive CAGR of 25.7% over the forecast period.

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Competitive Landscape:

The market for surface disinfectants is highly competitive owing to the presence of several global and regional disinfectant chemical manufacturers and suppliers. The proliferation of eCommerce and online shopping channels has resulted in a rise in sales of surface disinfectants, which is also responsible for the growing competition among global players with extensive supply chains.

Recent Developments in the Surface Disinfectant Market:

  • In March 2023, SC Johnson introduced a range of disinfectant solutions under its FamilyGuard Brand. This new product line has been designed to clean hard, non-porous surfaces in an effort to better shield families from germs. The FamilyGuard Brand Disinfectant Cleaner is made for use in homes with children and pets and is intended for use on more than 100 surfaces.
  • In August 2022, PDI announced the simultaneous introduction of two new, cutting-edge disinfectants to continue the fight against Covid-19. The new Sani-24 wipe was created by Microban, an expert in antimicrobial treatments, and is the first and only EPA-recognized disinfectant. With its groundbreaking active disinfectant (CAD) technology, it leaves a dry coating of disinfection on the surface.

Key Players Profiled in the Surface Disinfectant Market Report:

  • 3M Company
  • BASF SE
  • Clariant International
  • DuPont
  • Ecolab
  • LANXESS AG
  • Lonza Group
  • Reckitt Benckiser Group PLC
  • Procter & Gamble
  • The Clorox Company
  • Steris Plc.
  • Cantel Medical Corporation
  • Paul Hartmann AG
  • Metrex Research, LLC
  • Whiteley Corporation
  • Medline Industries, Inc.
  • Gojo Industries, Inc.
  • Pharmax Limited
  • Arkema

Key Segments Covered by Surface Disinfectant Industry Survey Report:

By Product Type:

  • High-level
  • Low-level
  • Intermediate Level

By Form Type:

  • Liquid
  • Gel & Lotions
  • Wipes
  • Spray & Foams

By End User:

  • Hospitals
  • Dental Clinics
  • Ambulatory Surgical Centers
  • Diagnostic Laboratories
  • Reference Laboratories
  • Rehabilitation Centers
  • Long-Term Care Centers
  • Critical Care Centers
  • Pharmaceutical & Biotechnology Companies
  • Academics & Research Institutes

By Region:

  • North America Market
  • Latin America Market
  • Europe Market
  • East Asia Market
  • South Asia and Pacific Market
  • Middle East and Africa (MEA) Market

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Last Updated: 01-Jul-2024