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Surface Disinfectant Market Size to Reach USD 1,547.7 Million by 2027; COVID-19 Pandemic to Surge Demand, says Fortune Business Insights™

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Pune, June 24, 2020 (GLOBE NEWSWIRE) — The global surface disinfectant market is set to gain impetus from the emergence of the COVID-19 pandemic worldwide. It has surged the need for these disinfectants as people are persistently sanitizing the places and objects that are coming into frequent human contact for reducing the impact of the virus. This information is given by Fortune Business Insights™ in a recent report, titled, “Surface Disinfectant Market Size, Share & Industry Analysis, By Type (Aerosol, Gel, Liquid, and Wipe), By Composition (Alcohols, Chlorine Compounds, Quaternary Ammonium Compounds, Hydrogen Peroxide, Peracetic Acid, and Others), By Application (Residential, Commercial, Health Care Facility, and Others), and Regional Forecast, 2020-2027.” The report further states that the global surface disinfectant market size was USD 770.6 million in 2019 and is projected to reach USD 1,547.7 million by 2027, exhibiting a CAGR of 9.1% during the forecast period.The rapid outbreak of COVID-19 pandemic is severely affecting the economy across the globe. On account of several preventive measures, such as work-from-home and lockdown, the manufacturing and production processes of industries have come to a complete standstill. The uncertainty about the future is rising and so is the panic. But, our accurately crafted reports would help you in finding the right path to success during such a difficult time.3M (U.S.)The Proctor & Gamble Company(U.S.)Kimberley-Clark Corporation(U.S.)SC Johnson Professional(U.S.)The Clorox Company(U.S.)Ecolab (U.S.)Metrex Research LLC(U.S.)Reckitt Benckiser (U.K.)Diversey Inc.(U.S.)STERIS plc (Ireland)Whiteley Corporation (Australia)Other Key Players
This Report Answers the Following Questions:What are the market drivers, hindrances, and dynamics?How will the market be affected in the coming years?Which strategies are being adopted by prominent companies to intensify competition?Which region is expected to lead the market?How will the spread of coronavirus infection impact the market?
Gain More Insights into the Surface Disinfectant Industry Research Report:https://www.fortunebusinessinsights.com/surface-disinfectant-market-103062Drivers & Restraints-Increasing Prevalence of Hospital-Acquired Infections to Propel GrowthThe cases of hospital-acquired infections (HAIs) are expected to surge the demand for surface disinfectant shortly. These infections mainly occur when the patients are being treated in hospitals and are not often detected during the admission procedure.The infections associated with invasive devices and medical equipment consist of ventilator-associated pneumonia, catheter-associated infections, and surgical site infection. However, these disinfectants include a wide range of chemicals, namely, acetic acid, peroxides, and hypochlorite. These are very harmful for human health, as well as for the environment. These factors are expected to hamper the market growth in the coming years.Segment-Residential Segment to Grow Steadily Owing to Awareness About InfectionsIn terms of applications, the market is divided into health care facilities, commercial, residential, and others. Out of these, the residential segment held 16.1% market share in 2019. This growth is attributable to the increasing awareness amongst the populaces about the benefits of using surface disinfectants and the spread of several infections. Additionally, the outbreak of COVID-19 pandemic is rapidly driving the demand for these disinfectants.Regional Analysis-Rising Government Laws to Maintain Hygiene will Favor Growth in North AmericaIn 2019, North America procured USD 299.9 million in terms of revenue. This growth is attributable to the increasing number of stringent laws put forward by the governments for maintaining proper sanitation and hygiene at public places, food establishments, and hospitals. Europe is set to experience significant growth stoked by the rising utilization of these disinfectants, especially for household applications. Asia Pacific, on the other hand, is anticipated to exhibit the fastest growth fueled by the increasing expenditure of the governments of numerous countries on public health and cleanliness.Competitive Landscape-Key Companies Focus on Product Launches & Collaborations to Surge SalesThe market is highly competitive because of the presence of a large number of international and regional companies. Most of them are either following the strategy of joint ventures and partnerships, or are investing huge sums to launch novel surface disinfectants in the market. These steps are helping them to gain a competitive edge. Below are two of the latest industry developments:January 2019: Reckitt Benckiser joined hands with Diversey to broaden its presence in North America and to reach out to more hospitals, food joints, and educational institutions.November 2018: Diversey Inc. launched its one-step cleaner, ready-to-use deodorizer and disinfectant called SureTouch. It contains hydrogen peroxide and was approved by the Environmental Protection Agency (EPA) for effectively cleaning the facilities.
Order a Complete Research Report (Enabled with COVID-19 Impact Analysis): https://www.fortunebusinessinsights.com/checkout-page/103062

Detailed Table of Content:IntroductionResearch ScopeMarket SegmentationResearch MethodologyDefinitions and AssumptionsExecutive SummaryMarket DynamicsMarket DriversMarket RestraintsMarket OpportunitiesKey InsightsKey Emerging Trends – For Major CountriesKey Developments: Mergers, Acquisition, Partnership, etc.Latest Technological AdvancementInsights on Regulatory ScenarioPorters Five Forces AnalysisGlobal Surface Disinfectant Market Analysis, Insights and Forecast, 2016-2027Key Findings / SummaryMarket Analysis, Insights and Forecast – By TypeAerosolGelLiquidWipeMarket Analysis, Insights and Forecast – By CompositionAlcoholsChlorine CompoundsQuaternary Ammonium CompoundsHydrogen PeroxidePeracetic AcidOthersMarket Analysis, Insights and Forecast – By ApplicationResidentialCommercialHealth Care FacilitiesOthersMarket Analysis, Insights and Forecast – By RegionNorth AmericaEuropeAsia pacificSouth AmericaMiddle East & AfricaTOC Continued…!!!
Antimicrobial Coatings Market Size, Share & Industry Analysis, By Type (Metallic {Silver, Copper, and Others}, and Non-metallic {Polymeric, and Others}), By Application (Medical & Healthcare, Indoor Air/HVAC, Mold Remediation, Building & Construction, Food & Beverage, Textile, and Others), and Regional Forecast, 2020-2027
Antimicrobial Packaging Market Size, Share & Industry Analysis, By Material (Plastics, Biopolymers, Paper & Paperboard, and Others), By Antimicrobial Agents (Organic Acid, Bacteriocins, and Others), By Type (Bags, Pouches, Trays, and Others), By Application (Food & Beverages, Healthcare & Pharmaceutical, Personal Care, and Others) and Regional Forecast, 2019-2026
Antimicrobial Textiles Market Size, Share & Industry Analysis, By Agents (Synthetic Organic Compounds, Bio-Based Compounds, Metal & Metallic Salts and Others), By Fabric (Cotton, Polyester, and Others), By Application (Home, Commercial, Medical, Apparel, Industrial, and Others) and Regional Forecast, 2020-2027
Breathable Antimicrobial Coatings Market Size, Share & Industry Analysis, By Application (Mold Remediation, Textile, Food industry, Healthcare & Pharmaceutical, Others) and Regional Forecast, 2019-2026
Xenon Market Size, Share & Industry Analysis, By Application (Imaging and Lighting, Medical, Satellite, Electronics & Semiconductors, R&D, Black Matter Research and Others), and Regional Forecast, 2019-2026Glycolic Acid Market Size, Share & Industry Analysis, By Purity (Glycolic Acid 99%, Glycolic Acid 70%, Glycolic Acid 30%, and Others), By Application (Personal Care & Cosmetics, Household, Textile, Food Processing, Pharmaceutical, and Others), and Regional Forecast, 2019-2026Hypochlorite Bleaches Market Size, Share & Industry Analysis, By Product Type (Sodium Hypochlorite, Calcium Hypochlorite, Lithium Hypochlorite, Potassium Hypochlorite), By Application (Disinfectant, Water Treatment, Paper & Pulp, Textiles, Others) Others and Regional Forecast, 2019-2026Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data. At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.Contact Us:Fortune Business Insights™ Pvt. Ltd.
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