The market is expected to generate an incremental $ opportunity of US$ 2,996.5 Mn between 2022 and 2030
Category: Chemicals & Materials Published Date : September 2022 ID: CVC-00186 Format: PDF Pages: 324
Sterile Surface Disinfectant Market Size Analysis
According to a research survey conducted by ChemView Consulting, in 2022, the Global Sterile Surface Disinfectant Market was worth US$ 3,255.0 Mn and is expected to grow at a CAGR of 8.5% over the forecast period. The market is expected to hit US$ 6,251.6 Mn by 2030 end.
Stringent surface disinfectant laws increased usage of novel surface disinfectants for sanitization, and a higher prevalence of HAIs is driving market expansion.
The market for surface disinfectants is quickly expanding due to the rising prevalence of infectious illnesses worldwide. They aid in killing germs on furniture, floors, tiles, restrooms, and other surfaces. Surface disinfectants are in high demand in clinics and hospitals, where sanitation and cleanliness are critical.
THE SPREAD OF DISEASES DEMANDS THE NEED OF DISINFECTANT
Governments have undertaken several programs to raise consumer awareness of maintaining cleanliness. The COVID-19 epidemic raised consumer awareness about the importance of maintaining a minimum level of cleanliness in all places.
Unsanitary conditions influence many illnesses and are the source of their transmission. As a result of these government regulations, increased hygiene awareness has increased the demand for surface disinfectants, which is likely to fuel market expansion.
The rising need to enhance the cleanliness in hospitals, clinics, and ambulatory surgery centers to avoid the transmission of illnesses (COVID-19) among patients and employees is driving the global need for high-quality surface disinfectants.
THE USE OF HAZARDOUS CHEMICALS HAMPERS THE MARKET GROWTH
The majority of the chemical disinfectants now on the market are harmful. For example, sodium hypochlorite is a good treatment against blood-borne infections. Still, it is hazardous to cleaning employees and building occupants due to its extremely corrosive and irritating nature. It is also poisonous when discharged into the environment and damages numerous surfaces.
The COVID-19 epidemic has underlined the market’s need for surface disinfection and cleaning measures. During the pandemic, the virus swiftly spread to all areas of the world, infecting millions of people and prompting a review of hygiene and cleaning policies across all countries.
The pandemic raised the need for surface disinfectants among non-healthcare and healthcare businesses. To avoid hospital-acquired infections, high-touch surfaces such as tools, protective clothing, beds, handles, and medical gadgets were often required to be cleansed using surface disinfectants (HAIs). Because of the pandemic, the demand for surface disinfectants in the healthcare sector increased dramatically.
Market Segments Covered in Report
By Region and Country:
What Sterile Surface Disinfectant composition is expected to have the greatest CAGR?
The alcohols category held the biggest market share in 2021, owing to a rise in the use of novel surface disinfectants for sanitization.
Which segment is predicted to grow rapidly throughout the projection period?
In 2020, the liquid sector held the highest share. Factors include increased and more inexpensive use of liquids for infection management.
Which application segment is expected to expand the fastest during the forecast period?
The surface disinfection category held the greatest market share in 2020. This category is expanding due to increased demand for infection control strategies to reduce the prevalence of hospital-acquired illnesses.
Which end-user segment accounted for the majority of market growth over the predicted period?
In 2020, the hospital settings accounted for the largest share of the market. Growing awareness of sanitization and hygiene due to the spread of COVID-19 is driving the growth of this segment.
The regions analyzed for the market include North America, Europe, Latin America, Asia Pacific, Middle East, and Africa.
Because of the existence of numerous multinationals attempting to meet the high demand from a vast base of end-users and consumers, the market’s competitive environment is extremely fragmented. To strengthen their consumer base, key corporations are concentrating on innovative marketing methods and modern technology.
Manufacturers focus on controlling and maximizing supply efficiency while remaining competitive in the market by increasing productivity, operating efficiency, and lowering lead time.
Some of the key developments that have taken place in the Sterile Surface Disinfectant Market include:
A list of some of the key suppliers present in the market are:
Global Sterile Surface Disinfectant Market 2022-2030: Report Coverage and Highlights
|Historical data available for||2017-2021|
|Market analysis||USD Million for Value and Tons for Volume, and CAGR from 2022 to 2030|
|Key regions covered||North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa|
|Key countries covered||US, Canada, Brazil, Mexico, Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Saudi Arabia, Turkey, UAE, South Africa, Nigeria, Egypt|
|Key segments covered||By Composition, Type, Application, End-User, and Region|
|Customization scope||Available upon Request|
|Pricing and purchase options||Available upon Request|