The global surface disinfectant market size is expected to reach USD 2.5 billion by 2027 registering a CAGR of 7.6%, as per a new report by Grand View Research Inc. Growing awareness regarding preventive healthcare and hygiene is likely to be the prime factor driving the market. Furthermore, recent outbreak of COVID-19 will drive the demand for surface disinfectants.
The product demand is likely to be prominent in the industrial and institutional sector, which includes hospitals, clinics, food processing industries, aquaculture and meat processing industries among others. Growing incidences of bacterial and viral infections have led to the mandatory implementation of certain infection control practices, including the periodic application of surface disinfectants. In addition, rising awareness regarding health, disease spreads, and proper hygiene has propelled the product demand in domestic and residential applications as well.
Developing countries in support of government initiatives, such as the ‘Swachh Bharat Mission’ of India, project lucrative opportunities for the market growth in near future. The market is likely to witness an accelerated growth in 2020 and onwards owing to rising product demand in the wake of COVID-19 pandemic across the geographies. The demand has increased sharply from prominent economies, such as China, Italy, India, U.K., France, U.S., and Iran, which are some of the worst-hit economies due to the virus.
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Growing adoption of novel and advanced technologies by major manufacturers for the production of disinfectants with enhanced effectiveness is witnessed as a major market trend. Changing consumer preference towards bio-based products due to awareness about the adverse effects of chemical/synthetic-based disinfectants will also boost the market growth. However, production expansion and meeting the rising product demand amid Corona Virus spread is likely to be a key concern amongst the manufacturers.
Surface Disinfectant Market Report Highlights
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Surface Disinfectant Market Segmentation
Grand View Research has segmented the global surface disinfectant market on the basis of source, form, end use, and region:
Surface Disinfectant Source Outlook (Volume, Kilotons, Revenue, USD Million, 2016 – 2027)
Surface Disinfectant Form Outlook (Volume, Kilotons, Revenue, USD Million, 2016 – 2027)
Surface Disinfectant End-use Outlook (Volume, Kilotons, Revenue, USD Million, 2016 – 2027)
Surface Disinfectant Regional Outlook (Volume, Kilotons, Revenue, USD Million, 2016 – 2027)
Key Topics Covered
Table of Content
Chapter 1 Methodology And Scope 1.1 Market Segmentation & Scope 1.2 Market Definition 1.3 Information Procurement 1.3.1 Purchased Database 1.3.2 Gvr’s Internal Database 1.3.3 Secondary Sources 1.3.4 Third Party Perspective 1.3.5 Primary Research 1.3.6 Primary Sources 1.4 Information Analysis 1.4.1 Data Analysis Models 1.5 Research Scope And Assumptions Chapter 2 Executive Summary 2.1 Market Outlook 2.2 Segmental Outlook 2.3 Competitive Insights Chapter 3 Surface Disinfectants Market: Market Variables, Trends & Scope 3.1 Market Lineage Outlook 3.2 Penetration & Growth Prospect Mapping 3.3 Industry Value Chain Analysis 3.3.1 Raw Material Trends 3.3.1.1 Procurement And Price Trend Analysis 3.3.2 Manufacturing Trends 3.3.3 Sales Channel Analysis 3.3.4 Price Trend Analysis 3.3 Technology Outlook …. continue
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About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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