The Global Surface Disinfectant Market report provides a holistic evaluation of the market. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics, involves the drivers, restraints, opportunities, and challenges through which the impact of these factors in the market is outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Global Surface Disinfectant Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period.

Surface Disinfectant Market Size And Forecast
According to Verified Market Research, the Global Surface Disinfectant Market was valued at USD 612.61 Million in 2019 and is projected to reach USD 1,121.98 Million by 2027, growing at a CAGR of 8.03% from 2020 to 2027.

What is Surface Disinfectant?
Disinfectants are antimicrobials that are used to kill harmful germs, bacteria, and other microorganisms present on several surfaces and hence are most commonly used to disinfect washrooms, floors, tiles, furniture, and instrument. Chemical Disinfectants are broadly categorized into 3 types, according to their method of action:  Denaturants, Reactants, and Oxidants. The Denaturants, generally considered to be bactericidal, fungicidal, and variably tuberculocidal, and are widely available, cost-effective. The Reactants, such as aldehydes (formaldehyde and glutaraldehyde) and ethylene oxide, are the most commonly used high-level disinfectants are they form and break covalent bonds, altering DNA, RNA, and protein structure and synthesis. These can’t be used as routine surface disinfectants are they are expensive and are comparatively toxic, acting as both irritants and carcinogens. The third type, Oxidants, is the largest group of disinfectants which include chemicals like halogens—hypochlorites, chlorine dioxide, and iodine—peroxides, and peroxymonosulfates. Such disinfectants oxidize proteins, enzymes, and amino acids which makes their activity spectrum relatively broad. Oxidants are inexpensive and fast-acting.

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Surface disinfectants have a higher demand in hospitals & clinics as there have been strict guidelines for hygiene and sanitation in such places. Formaldehyde, glutaraldehyde, hydrogen peroxide, peracetic acid, phenols are among the main disinfectants used worldwide to treat Hospital-acquired infections (HAIs). In particular, they are considered an integral component of infection prevention activities and are often composed of various chemical agents, such as alcohol, phenol, chlorhexidine, peracetic acid, and ammonium compounds, etc.

Global Surface Disinfectant Market Overview
The rising surgical procedure in health care facilities helps push the worldwide market for surface disinfectants. According to the American Society of Plastic Surgeons (ASAPS), 17.5 million surgical and minimally invasive cosmetic procedures were conducted in the US in 2017 that stood at 17.8 million in 2016. Increasing the incidence of wound infection is also leading to market growth due to inadequate hygiene, sanitation, and other factors. Surface disinfectants have been used to minimize infection of wounds. The frequency of wound infection varies from 2 to 17.5 percent after trauma, and from 1 to 1.5 percent after minor dermatological surgical procedures, as reported by the American College of Cardiology (ACC). Infections are unpleasant and inconvenient, leading to failure or delay in wound healing and poor cosmetic outcomes. An increasing number of surgeries conducted in hospitals combined with the use of disinfectants in surgical procedures to avoid infection, high-quality patient care, employee protection, and hygiene maintenance are compulsory for hospitals across the globe. These factors are anticipated to boost the market growth of surface disinfectants during the forecast period.

The designs of certain types of reusable medical instruments, especially endoscopes, have become more complex. It can hinder proper cleaning, high-level disinfection, or sterilization. Improper sterilization of medical equipment and insufficient high-level disinfection (HLD) may have serious effects on patients. Thus, in some cases, it remains difficult to select a method of disinfection, often after consideration of the categories of risk to patients. The prevalent disinfection and sterilization techniques are working but not adequate to ensure a 100 percent guarantee of safe patient care. The enforcement of best practices including equipment maintenance and routine audits with at least yearly competency testing of staff who use the reprocessing equipment is imperative. But if adherence to regulation is lax, more outbreaks will likely occur. In addition, better approaches to assessing the effectiveness of cleaning and high-level disinfection are needed.

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Global Surface Disinfectant Market: Segmentation Analysis
The Global Surface Disinfectant Market is segmented on the basis of Formulation, Type, Application, End-User, and Geography.

Global Surface Disinfectant Market by Formulation
Based on Formulation, the market is bifurcated into Liquid, Sprays, and Wipes. Liquids accounted for the largest market share in 2019 and are projected to grow at a CAGR of 6.62% during the forecast period. The liquids have widespread use as surface disinfectants in hospital cleanliness on a daily basis, high adoption of these disinfectants for cleaning bathroom surfaces, and home care settings. The high adoption of liquid surface disinfectants is also caused by their low cost along with increasing demand for these disinfectants in emerging countries. Furthermore, improved hydrogen peroxide liquid surface disinfectants and mixed products, such as a combination of hydrogen peroxide and peracetic acid are among the effective liquid surface disinfectants, which is strengthening the segment share.

On the basis of Application, the Global Surface Disinfectant Market has been segmented into In-House Applications, Instrument Disinfection, and Others. In-House Applications accounted for the largest market share in 2019 and is projected to grow at the highest CAGR of 10.24% during the forecast period. Instrument Disinfection was the second-largest market in 2019, and it is projected to grow at a CAGR of 5.46%.

Global Surface Disinfectant Market by Type
Based on type, the market is segmented into Quaternary Ammonium Compounds, Chlorhexidine Gluconate, Phenolic Compounds, Alcohols, Aldehydes, and Other Surface Disinfectant. Alcohols accounted for the largest market share in 2019 and is projected to grow at a CAGR of 7.81% during the forecast period. Ethyl alcohol and isopropyl alcohol are extensively utilized as low-level disinfectants in all types of healthcare settings for several years. However, recent research studies found that ethyl alcohol prevents protein synthesis in E Coli bacteria through direct effects on RNA polymerase and ribosomes and around 60%–70% solutions of alcohol have in-vitro efficacy against the Ebola virus, murine norovirus, and numerous coronaviruses.

Global Surface Disinfectant Market by End User
Based on end-user, the market is segmented into Hospitals, Clinical Laboratories, Pharmaceutical Companies, and Others. Hospitals accounted for the largest market share in 2019 and is projected to grow at the highest CAGR of 9.57% during the forecast period. Clinical Laboratories was the second-largest market in 2019, and it is projected to grow at a CAGR of 7.33%.

On the basis of regional analysis, the Global Surface Disinfectant Market is classified into North America, Europe, Asia Pacific, and Rest of the world. Asia-Pacific accounted for the largest market share and North America was the second-largest in 2019. The Asia Pacific is experiencing rapid growth in the global surface disinfectants market on account of several factors including increased incidences of infectious disease across the region along with growing awareness pertaining to the benefits of surface disinfectants. The regional government is actively involved in establishing quality healthcare settings with special emphasis on cleanliness and public health.

Surface Disinfectant Market Competitive Landscape:
The “Global Surface Disinfectant Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Procter & Gamble, 3M Company, Ecolab, Reckitt Benckiser Group PLC, The Clorox Company, and Others.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

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