According to FutureWise analysis the market for Surface Disinfectant in 2023 is US$ 3.42 billion, and is expected to reach US$ 6.63 billion by 2031 at a CAGR of 8.60%.
Surface disinfectants inhibit the growth of microorganisms like bacteria on surfaces. Infections can also be prevented with their help. Increasing rates of infectious diseases are driving the growth of the surface disinfectant market globally. The disinfectants help kill germs on floors, tiles, washrooms, furniture, and other surfaces. It is more in demand in hospitals and clinics where cleanliness and sanitation are of the utmost importance. Due to the outbreak of the pandemic, the market for surface disinfectants is expected to grow rapidly. The use of surface disinfectants has increased rapidly with the rapid growth in hospitals, surgical operations, and other organizations that use surface cleaning agents to prevent the spread of Coronaviruses. It is also necessary for organizations to comply with the government's rules and regulations regarding worker health. In order for the disinfectant market to progress, it must be innovative, not adversely affect the environment and keep workers safe at the same time. Moreover, the food industry now uses the product, thus expanding the market. The wipes segment dominates the market on the basis of type, due to its ease of use and zero water usage. The most common use of wipes is to disinfect medical devices. In addition, since they are expensive, most of them are used in developed countries where disposable income is relatively higher. Infections acquired by a patient during his/her hospital stay are known as hospital-acquired infections (HAIs). It is possible to get such infections due to an unhygienic environment, a lack of sensitization, and other factors. Using surface disinfectants to clean medical devices regularly prevents HAIs. It is this constant need to clean medical devices and hospital surfaces that drive the market for surface disinfectants. It is further anticipated that over the forecast period, HAI will offer healthy growth opportunities.
FutureWise Market Research has instantiated a report that provides an intricate analysis of Surface Disinfectant Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.
According to the research study conducted by FutureWise research analysts, the Surface Disinfectant Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.