Surface Disinfectant Market Size, Share, Growth Analysis, By Type(Quaternary Ammonium Compounds, Hypochlorite, Alcohols, Aldehydes), By Formulation(Liquids, Wipes, and Sprays), By End-Use(Hospitals & Clinics, Outpatient Surgical Centers, and Other), By Region - Industry Forecast 2024-2031

Surface Disinfectant Market size was valued at USD 5.49 billion in 2022 and is poised to grow from USD 5.88 billion in 2023 to USD 10.18 billion by 2031, growing at a CAGR of 7.10% during the forecast period (2024-2031).

Due to the existence of many multinationals competing to meet the high demand from a sizable base of end-users and consumers, the competitive landscape of the market is extremely fragmented. Important businesses are concentrating on using new marketing tactics and utilizing cutting-edge technologies to expand their customer base. By increasing their productivity, operational effectiveness, and lead time reduction, manufacturers are concentrating on controlling and optimizing supply efficiency and remaining competitive in the market. Many businesses now make biobased surface disinfectants as a result of rising consumer awareness of the toxicity of chemical-based treatments and rising disposable incomes among the majority of people in industrialized economies. '3M Company', 'Procter & Gamble Co.', 'Reckitt Benckiser Group plc', 'The Clorox Company', 'Ecolab Inc.', 'Johnson & Johnson Services, Inc.', 'The Dow Chemical Company', 'Steris Corporation', 'Cantel Medical Corp.', 'Diversey, Inc.', 'Whiteley Corporation', 'Metrex Research, LLC', 'Becton, Dickinson and Company (BD)', 'Sealed Air Corporation', 'PAUL HARTMANN AG', 'Parker Laboratories, Inc.', 'Schulke & Mayr GmbH', 'GAMA Healthcare Ltd.', 'PDI, Inc.', 'Pal International', 'In March 2022, Sani-24 Germicidal Disposable Wipe, Sani-HyPerCide Germicidal Disposable Wipe, and Sani-HyPerCide Germicidal Spray are three new products from PDI. These cutting-edge disinfectants will aid those who work in infection control in the fight against the rising rate of healthcare-associated infections (HAIs).', 'In February 2022, In North America, SC Johnson Professional introduced their Quaternary Disinfectant Cleaning in a new, simple-to-measure, squeeze-and-pour bottle. In one labor-saving action, the product cleans, disinfects, and deodorizes. The packaging style makes it simple to measure for dilution in a bucket, automatic scrubber, or spray bottle.', 'In June 2021, Under the name CaviWipe 2.0, Metrex Research, LLC introduced new surface disinfection wipes. These multipurpose disinfectant wipes offer defense against SARS-COV-2 and 42 other types of viruses. The two-minute contact duration of the multipurpose surface disinfectant wipes allows for one-step disinfection and cleaning of non-porous and hard surfaces in healthcare facilities. Metrex Research, LLC has been able to improve its product range for the healthcare application thanks to the product introduction.', 'In February 2021, PUnder the name Microban 24, Procter & Gamble introduced a new antibacterial home sanitizer. There are three various versions of Microban 24 available, including a sanitizing spray, bathroom cleanser, and multipurpose cleaner. Major merchants all over the world and internet marketplaces sell the products. Proctor & Gamble hopes to expand its product lineup with the new product launch strategy.'

The major factors driving the market growth are increasing awareness of infectious diseases, growing healthcare industry, and rise in the number of surgical procedures, increasing demand from the food and beverage industry and technological advancements.

Demand for high-performance Surface Disinfectant that provide higher protection, longer service lives, and lower emissions is growing as energy efficiency and environmental protection become more and more important. Due to their greater performance and positive effects on the environment, speciality Surface Disinfectant, bio-based Surface Disinfectant, and synthetic Surface Disinfectant are becoming more and more popular.

The North America region is anticipated to dominate the market. This is because so many regulatory agencies, including the Health Canada and U.S. Environmental Protection Agency (EPA), have given their approval for the use of disinfection products in their respective nations. The market expansion in North America over the past several years has been driven by the constantly changing legislation, awareness of health & hygiene, healthcare spending, and increased R&D activity among surface disinfectant formulators, raw material manufacturers, and end-users. In Europe, the market has seen a rise in demand as a result of the pandemic. To fulfill the growing demand and supply the local healthcare institutions, many large international corporations are consistently growing their presence in the area by establishing numerous production and manufacturing facilities there. Also, the market in the region has grown due to technological and R&D developments in production technologies. The region's increasing demand for products, especially during the COVID-19 pandemic, has a significant positive impact on product consumption. The availability of affordable active ingredients has sped up market expansion both domestically and abroad.