According to the latest report by Reports and Data, the global surface disinfectant market size was USD 2.92 Billion in 2021 and is predicted to grow at a revenue CAGR of 8.5% during the forecast period. The primary driver of revenue growth in the market is the increasing demand for environmentally friendly disinfectants, which reduce the risk of chemical exposure and help prevent asthma. The World Health Organization recommends using biodegradable and nontoxic disinfectants that have few or no volatile organic compounds.
The rising demand for enzymatic disinfectants is another factor driving market revenue growth. Enzymatic disinfectants are used to clean carpets, surfaces, toilets, bathrooms, and restrooms, as well as to break down organic contaminants in drains and pipes. Enzyme-based disinfectants are also effective in removing urine stains and odors from soft surfaces like carpets, and they do not damage the fabric. Moreover, enzymes can eliminate a wide range of organic molecules, making them suitable for use in laundry and dishwasher detergents.
The chlorine compounds segment accounted for a significant revenue growth rate in the global surface disinfectant market, followed by alcohol, hydrogen peroxide, quaternary ammonium compounds, peracetic acid, and others, based on composition. The North America market is expected to hold the largest revenue share in 2021, driven by expanding consumer demand for personal hygiene and the introduction of novel disinfection technologies. The Asia Pacific market is expected to be the fastest-growing, driven by rising personal hygiene awareness, per capita income, and consumer expenditure on healthcare and home hygiene products.
Companies profiled in the market report include Procter & Gamble, PDI EMEA Ltd, GOJO Industries, Inc., WM Barr, Spartan Chemical Company, Inc., W.W. Grainger, Inc., Carenowmedical, Reckitt Benckiser Group PLC, PaxChem Ltd., and Ecolab. The market has been segmented by Reports and Data based on composition, type, application, and region.
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Surface Disinfectant Market: Drive factors
The surface disinfectant market is expected to grow significantly due to several driving factors. One of the major factors is the rising demand for environmentally friendly disinfectants. The use of green cleaning supplies can minimize the risk of chemical exposure, reducing the chance of developing asthma and other health issues.
Another factor driving market revenue growth is the increased demand for enzymatic disinfectants. These are used for a variety of cleaning purposes such as cleaning carpets, disinfecting toilets and public restrooms, and cleaning bathrooms and restrooms. Enzyme-based disinfectants are effective in breaking down oils, greases, and other organic contaminants.
Moreover, the North American market is expected to account for the largest revenue share due to the expanding consumer demand for personal hygiene, high per capita income, and the introduction of novel disinfection technologies. The Asia Pacific market is also expected to grow significantly due to rising personal hygiene awareness, increasing per capita income, and higher consumer expenditure on healthcare and home hygiene goods.
Additionally, the use of chlorine compounds for water disinfection is also driving market revenue growth. Chlorination is the process of cleaning drinking water using chlorine to remove viruses, bacteria, and parasites. Small amounts of chlorine in water have no negative health effects and provide protection against the development of waterborne infections.
Lastly, the introduction of new products by key players such as Protect range of surface disinfection sprays by Ola and HDFC, in collaboration with Marico, has expanded the market's portfolio into the rapidly rising safety and hygiene industry due to the Covid-19 pandemic.
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