COVID-19:SURFACE DISINFECTANT MARKET TO REACH USD 1.4 BILLION BY 2027 | CAGR 7.3% — FORENCIS RESEARCH

Global Surface Disinfectant Market: Key Highlights

• According to the new market research report “Surface Disinfectant Market by Composites (Alcohols, Chlorine Compounds, Quaternary Ammonium Compounds, Hydrogen Peroxide, Peracetic Acid), by Type (Liquids, Wipes, and Sprays), by End-Use (Commercial, Residential, Industrial), by Region (North America, Asia Pacific, Europe, Middle East & Africa, South America) — Global Forecast (2020 to 2027)”, the global surface disinfectant market is estimated to reach USD 1.4 Billion by 2027 at a CAGR of around 7.3% during the review period.
• Surface Disinfectant is chemical substances that are applied to objects and surfaces to sanitize and kill microbes
• It is used to disinfect food preparation surfaces, such as countertops and cutting boards, owing to raw foods (meats, fish, and poultry) that contain pathogens includes E. coli, Salmonella and Listeria. Hydrogen Peroxide, Quaternary Ammonium, Hypochlorite and others are the type of surface disinfectants used to disinfect frequently touched surfaces in households, hospital-acquired infections and others to reduce the transmission of infectious illnesses, such as COVID-19, colds, flu and others.

Global Surface Disinfectant Market: Key Market Dynamics

• Stringent regulations for the use of surface disinfectants is expected to drive the global surface disinfectant market growth
• The continued use of different types of disinfectants for hospital surface cleaning and medical devices disinfection will be a must in order to decrease the incidence rates of these diseases further. Which is further driving the global surface disinfectant market
• However, the number of new technologies is developed and tested as an alternative to the current methods of surface disinfection, which is likely to hamper the market growth

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Global Surface Disinfectant Market: Regional Overview

• North America

North America accounted for the largest market share in the global surface disinfectant market. Several initiatives undertaken to establish guidelines for the determination of preferable products for use in the healthcare industry, especially childcare, based on ease of use, efficiency against relevant pathogens, cost, and toxicity, are estimated to fuel the regional market growth.

• Asia-Pacific

Asia Pacific is expected to witness the fastest growth rate during the forecast period, owing to the increasing population, rapid urbanization and industrialization, and increasing disposable income levels. Rising adoption of new technologies by major manufacturers for the production of disinfectants with enhanced efficiency is also driving the market. Moreover, developing countries, including China, India, Korea, and Japan, are significantly contributing to the region’s growth owing to cohesive strategies undertaken.

Global Surface Disinfectant Market: Key Players Overview

• Arkema SA:

3M is a US-based multinational combination of multiple business companies engaged in the manufacturing the industrial, safety and consumer products. The company majorly operate through five business segments namely safety and industrial business, transportation and electronics business, health care business, consumer business. The Safety and Industrial segment consist of personal safety, industrial adhesives and tapes, abrasives, closure and masking systems, electrical markets, automotive aftermarket, and roofing granules. In October 2019, 3M acquired Acelity, Inc. (U.S.), This acquisition helped the company in enhancing its product portfolio in the field of woundcare and market worldwide.

• Cantel Medical:

Cantel Medical is a healthcare company that provides infection prevention and control products and diagnostic and therapeutic medical equipment. The Company operates through following business segments include Endoscopy; Water Purification and Filtration; Healthcare Disposables, and Dialysis. Cantel Medical offers products such as flexible and rigid endoscopes, microscopes, image analysis hardware and software, remote visual inspection devices, and photographic equipment. The company also provides technical maintenance services.

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