Global Surface Disinfectant Market , Size , Growth, Future

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Global surface disinfectant market is projected to witness a CAGR of 7.47% during the forecast period 2024-2031, growing from USD 3.51 billion in 2023 to USD 6.24 billion in 2031F.

Global surface disinfectant market is projected to witness a CAGR of 7.47% during the forecast period 2024-2031, growing from USD 3.51 billion in 2023 to USD 6.24 billion in 2031F. The market expansion is supported by increasing awareness about health and hygiene, advancements in surface disinfectants, and rising prevalence of hospital acquired infections. Moreover, surging investments towards enhancing the condition of healthcare facilities and improving the healthcare infrastructure, novel product launches, advancements in surface disinfectants, and production of biodegradable disinfectants are major factors driving the growth of the market. According to the Center for Medicare and Medicaid services, in 2022, the healthcare spendings in the United States grew by 4.1%, reaching approximately USD 13,493 per person or USD 4.5 trillion.

The efforts towards the development of environmentally friendly surface disinfectants are increasing due to rising environmental consciousness. The demand for surface disinfectants that are sustainable, biodegradable, and non-toxic is increasing as more and more businesses and consumers seek environmentally responsible products. Furthermore, the increasing threat of microbes and the growing efforts of various governments across the globe to promote awareness about hygiene is expected to bolster the demand for surface disinfectants.

Various manufacturers are also investing in launching novel product types, including wipes, sprays, and liquids, among others. Such products are expected to improve customer convenience and propel the market demand.

Increasing Awareness About the Advantages of Surface Disinfectants

Effective surface disinfectants are essential for the enhancement of different infection control measures in several settings. They also prevent the spread of infections and protect individuals with compromised immune systems, while ensuring the safety of healthcare providers and caretakers. These products are effective in promoting better patient outcomes by neutralizing harmful microorganisms. Furthermore, disinfection kills harmful germs, lowering the likelihood of disease transmission from surface to host. Surface disinfection prevents the bacteria from spreading around, thereby reducing the incidences of infection.

Growing Research and Development Activities

The increase in research and development (RD) activities to study the durability and efficacy of surface disinfectants is supporting the market expansion. For instance, a study was recently conducted to evaluate the durability and efficacy of a long-term multi-surface disinfectant. The understudy contained ethanol and hydrogen peroxide as active substances, among other substances. The antimicrobial activity of the formulation components, along with their stability across porous and non-porous surfaces was evaluated. The results showed that Care Us, the understudy disinfectant displayed good anti-microbial performance for non-porous surfaces and impressive activity across porous surfaces. The antimicrobial activity analysis that was performed on everyday surfaces showed a notable decrease in bacteria colonization and total fungal inhibition after seven days of disinfectant application. In the accelerated stability test, the loss of approximately 80% of the active compound was noted after fourteen days. Despite the high percentage loss of the active compound, the understudy maintained antimicrobial activity after fourteen days of testing.

North America Expected to Account for Significant Market Share

The expansion of the market in North America can be attributed to the strong presence of various leading market players, rising RD activities, and increasing prevalence of infectious diseases. Increased provision of clearance by the Food and Drug Administration (FDA) is further supporting the North America surface disinfectant market growth. For instance, in 2023, Parker Laboratories Inc., one of the leading providers of ultrasound accessories and supplies announced that the FDA awarded them clearance for Tristel ULT, a unique disinfecting foam, as a disinfectant for ultrasound probes that are used for skin-surface transducers and body cavities. Tristel ULT, a high-level disinfectant, contains chlorine dioxide that is widely used for disinfecting drinking water. The high-level disinfectant foam can be safely used on ultrasound probes and is effective against different pathogens, ranging from Mycobacterium tuberculosis to SARS-CoV-2.

Liquid Disinfectants Hold Significant Dominance in the Market

Liquid disinfectants held a significant share of the market over the historical period and are expected to do so over the forecast period due to the relatively inexpensive nature of the product as opposed to its counterparts. The availability of liquid surface disinfectants that are suitable for use across a wide range of environments, including hospitals, households, offices, malls, and restaurants, further bolstering the product demand. Furthermore, the availability of the product in a wide range of refreshing and pleasant fragrances is propelling the product requirement across both the residential and commercial  sectors.

On the other hand, wipes are gaining popularity due to their convenient use and storage. These wipes aid in the removal of germs from the surface and their portable nature makes them suitable for carrying while travelling, offering a more convenient, faster, and simpler alternative to traditional surface disinfectant products.

Hospitals to Lead End-user Segment

Hospitals are expected to account for a significant share of the market in the coming years. This growth can be attributed to the increasing incidences of hospital acquired infections (HAIs) and rising investments towards improving healthcare facilities. Proper surface disinfection in healthcare facilities is one of the crucial aspects of infection control strategies against prevention of HAIs. These infections can often lead to prolonged hospital stays, increased threat to patient’s well-being, and enhanced fatalities. The environment can facilitate the transmission of various HAIs, such as MRSA and Clostridium. Disinfectants aid in eliminating and neutralizing harmful microorganisms, significantly contributing to the maintenance of hygienic and clean environment in hospitals.

Future Market Scenario (2024 – 2031F)

Increasing RD activities towards the development of surface disinfectants with an improved spectrum of activity is expected to offer lucrative growth opportunities to the market. Various researchers and scientists are focusing on the development of disinfectants that can target multiple protozoa, pathogens, fungi, and bacteria. Furthermore, the formulation of disinfectants with prolonged persistence can provide lasting protection against the threat of microbial colonization. 

Growing emphasis on launching products with novel formulations is expected to support market growth. For instance, in 2023, Byotrol Chemgene launched a range of multi-surface disinfectants for combining and replacing the properties of Chemgene Medical (HLD4H) and Chemgene Laboratory (HLD4L). Ready to use formats are expected to launch soon.

Report Scope

“Surface Disinfectant Market Assessment, Opportunities and Forecast, 2017-2031F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative and quantitative assessment of the current state of the global surface disinfectant market, industry dynamics, and challenges. The report includes market size, segmental shares, growth trends, opportunities, and forecast between 2024 and 2031F. Additionally, the report profiles the leading players in the industry mentioning their respective market share, business model, competitive intelligence, etc.

Click Here:https://www.marketsandata.com/industry-reports/surface-disinfectant-market

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