Global
Surface Disinfectant Market By Product (Hypochlorite, Quaternary Ammonium
Compounds, Hydrogen Peroxide, Chlorhexidine Gluconate, Peracetic Acid, Phenol,
Alcohol), Formulation (Sprays, Liquids, Wipes), Geography (North America,
Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry
Trends and Forecast to 2024
The Global
Surface Disinfectant Market accounted to USD 349.7 billion in 2016 growing at a
CAGR of 11.90% during the forecast period of 2017 to 2024. The upcoming market
report contains data for historic year 2015, the base year of calculation is
2016 and the forecast period is 2017 to 2024.
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Due
to rapid growth of infectious diseases and surgical operations, government has
taken several initiatives and strict guidelines to increase awareness regarding
cleanliness. Many International organizations such as Center for Disease
Control and Prevention (CDC), World Health Organization (WHO), and
International Federation of Infection Control (IFIC) have contributed regarding
the rise in infectious diseases.
Growing
healthcare expenditure is also driving the growth of surface disinfectant
market. According to World Bank estimates, global healthcare expenditure has
seen astounding development from USD 3,786 billion in 2003 to USD 7,427 billion
in 2013, growing at a CAGR of 7% over the estimate time frame. In the same
period, public healthcare spending expanded at a CAGR of 7.28%, from USD 2,198
billion in 2003 to USD 4,440 billion in 2013.
Global
Surface Disinfectant Market – Market Segmentation:
On
the basis of product type, global surface disinfectant market is segmented into hypochlorite,
quaternary ammonium compounds, hydrogen peroxide, chlorhexidine gluconate,
peracetic acid, phenol and alcohol. In 2015, hypochlorite held the largest
market share whereas quaternary ammonium compounds are expected to witness the
highest market growth due to their biodegradable and effective nature.
On
the basis of formulation, global surface disinfectant market is segmented into
sprays, liquids and wipes. In 2015, liquids disinfectant has accounted the
largest market share and is expected to be the fastest growing segment.
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Global Surface Disinfectant Market –
Geographical Segmentation:
·
North America
·
South America
·
Europe
·
Asia-Pacific
·
Middle East and Africa
Some of the major countries
covered in this report are U.S., Canada, Germany, France, U.K., Netherlands,
Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia,
Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North
America is expected to dominate the market.
Global
Surface Disinfectant Market – Competitive Landscape:
Some
of the major players operating in global surface disinfectant market are
·
3M
(U.S.)
·
Johnson
& Johnson Services Inc. (U.S.)
·
Procter
& Gamble (U.S.)
·
STERIS
plc. (U.S.)
·
Cantel
Medical (U.S.)
·
Reckitt
Benckiser Group Plc. (U.K.)
·
Sealed
Air (U.S.), The Clorox Company (U.S.)
·
Whiteley
Corporation (Australia)
·
Metrex
Research, LLC. (U.S.)
·
PURE
Bioscience, Inc. (U.S.)
·
UPS
Hygiene Pvt. Ltd.
·
Ecolab
(U.S.)
·
Kimberly-Clark
Worldwide Inc. (U.S.)
·
DuPont
(U.S.)
·
Carroll
Company(U.S.)
·
Henkel
AG & Co. KGaA (Germany)
·
Among
Others
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