Surface Disinfectant Market Size, Share & Trends Analysis Report By Composition (Chemical, Bio-based), By Form (Liquid, Sprays), By End-use (Households, Commercial), By Application, By Region, And Segment Forecasts, 2020 - 2027

Report Overview

The global surface disinfectant market size was valued at USD 3.4 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 6.0% from 2020 to 2027. The growth in the market can be attributed to the increasing prevalence of Hospital-Acquired Infections (HAIs), along with the presence of favorable regulations concerning the usage of surface disinfectants in diagnostic laboratories, hospitals, research laboratories, and pharmaceutical & biotechnology labs, among others. Growing cases of chronic diseases are also projected to help boost market growth over the forecast period. Increasing consumer awareness about hygiene and preventive healthcare is also driving the demand for surface disinfectants. The unprecedented levels of disruption across the world caused by the Covid-19 pandemic have led to increased product demand.

Companies, such as DSM, have set up a disinfectant manufacturing facility in Waalwijk, Netherlands, which previously was a resin manufacturing site. Governments across nations are providing financial aids as well as regulatory support to manufacturers. With the growing trade uncertainties and disruption of the supply chain, the U.S. EPA has also announced to temporarily allow manufacturers to source raw material from unlisted agencies.

Ineos, a Europe-based manufacturer, has announced its plans to produce one million bottles of disinfectants in a month at its U.K. facility. Companies are also focusing on improving the production, logistics, and quality of the existing products. As a result, the market is expected to witness an increased demand for disinfectant chemicals.

Composition Insights

In 2019, chemical surface disinfectants accounted for the largest revenue share of over 92% owing to high demand from the food processing and healthcare industries. Chemical disinfectants are available at a cheaper price as compared to bio-based products and are thus utilized for several commercial purposes. However, rising awareness about the adverse effects of chemical-based products is estimated to hamper the segment growth.

Bio-based surface disinfectants are estimated to register the fastest CAGR from 2020 to 2027 due to growing demand for bio-based products and regulatory pressure on chemical-based products. In addition, strong support in the form of financial aid from various regional and national governing bodies for switching to bio-based products owing to rising pollution levels is estimated to contribute to the segment growth over the forecast period.

Form Insights

Liquid form segment accounted for the largest revenue share of over 65% in 2019. Liquid surface disinfectants are strong, biocidal, or toxic antimicrobial chemicals, which can be applied to contaminated surfaces. These products are effective against several types of micro-organisms resulting in enteric and respiratory infections and wounds. These disinfectants are used in routine hygiene procedures, such as routine sterilization of pipelines, utensils, and surfaces across various industrial and commercial spaces, as they can effectively control the spread of infection.

Increasing demand for these products from the poultry, food, fish processing, meat processing, and food processing industries is also estimated to fuel the segment growth over the coming years. However, the spray form segment is estimated to register the fastest CAGR from 2020 to 2027 due to their advantages, such as ease of use and reduced probabilities of cross-contamination.

Application Insights

The in-house application accounted for the largest revenue share of over 68% in 2019. In-house applications include household, commercial, or industrial in-house surfaces. The Centers for Disease Control and Prevention (CDC) has laid down certain guidelines and recommendations for the cleaning and disinfection processes for in-house applications. The process of disinfecting in-house surfaces does not necessarily clean or kill all germs but lowers the risk of spreading infections and diseases caused by bacteria, fungi, or viruses. Rising demand for surface disinfectants for regular cleaning and disinfection purposes, especially at the time of the Covid-19 pandemic, has boosted the segment growth.

Extensive product usage for equipment cleaning from consumers and medical professionals is likely to drive the demand for wipes and spray product types. Increasing investments by various governments in infrastructure R&D and concerns regarding the dangers related to the biohazards in laboratories have augmented the product demand for cleaning of laboratory equipment and instruments in medical facilities and other industries, such as food processing and meat processing

End-use Insights

The commercial segment accounted for the largest revenue share of over 59% in 2019 and will expand further at a steady CAGR from 2020 to 2027. This growth can be attributed to extensive product usage in various commercial spaces, such as hotels, offices, and educational institutions. 3M and Ecolab are some of the prominent manufacturers of commercial-grade surface disinfectants in the global market.

However, the households segment is estimated to witness the fastest growth rate over the forecast period. The majority of the product is used for hard surface cleaning. A key factor contributing to the segment growth includes the rising demand for highly effective, less labor-intensive, and ecofriendly products.

Regional Insights

North America accounted for the largest market share of over 34% in 2019 and will retain its leading position over the forecast years owing to rising cases of hospital-acquired infections and stringent government regulations regarding the usage of disinfectants to limit the spread of such infections. 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 is expected to be the fastest-growing regional market from 2020 to 2027 owing to the increasing population, increasing consumer disposable income levels, and rapid urbanization and industrialization in the region. Rising adoption of new technologies by most of the manufacturers is also driving the regional market growth. Moreover, developing countries, including China, India, Korea, and Japan are significantly contributing to the market growth owing to cohesive government strategies undertaken.

Key Companies & Market Share Insights

Companies are heavily investing in R&D activities to meet various norms and specifications. Key players in the market, including Lanxess AG, Solvay, and DuPont, are focusing on backward integration and producing their raw materials to maintain the quality of the final product. Other manufacturers rely on distributors for the delivery of raw materials to manufacturing sites and internal transportation of the final product.

In some instances, manufacturing companies have formed strategic partnerships and direct alliances with local end-users across the globe. Any change in the demand and supply of raw materials may have an impact on the industry. Therefore, manufacturers have enlarged their presence in the value chain by backward integrating and expanding their product portfolio. Some of the prominent companies in the global surface disinfectant market include:

• BASF SE

• Evonik Industries AG

• The 3M Company

• Kimberly-Clark Corp. (KCWW)

• Ecolab

• Procter & Gamble

• Reckitt Benckiser Group plc.

• The Clorox Company

• Medline Industries, Inc.

• Whiteley Corp.

• Lonza

• SC Johnson Professional

Surface Disinfectant Market Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2027. For the purpose of this report, Grand View Research has segmented the global surface disinfectant market report on the basis of composition, form, application, end-use, and region:

• Composition Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

  • Chemical

    • Alcohols

    • Ammonium Compounds

    • Oxidizing Agents

    • Phenolics

    • Aldehydes

    • Others

  • Bio-based

• Form Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

  • Liquids

  • Wipes

  • Sprays

• Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

  • In House Surfaces

  • Instruments

  • Others

• End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

  • Hospitals

  • Laboratories

  • Households

  • Industrial

  • Commercial

• Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

  • North America

    • U.S.

    • Canada

  • Europe

    • Germany

    • U.K.

    • France

  • Asia Pacific

    • China

    • India

    • Japan

  • Central & South America

    • Brazil

    • Mexico

  • Middle East & Africa

    • GCC

    • South Africa