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Wednesday, April 3, 2019

Global Surface Disinfectant Market 2019: Opportunities, Challenges, and Forecast

Surface disinfectant is used to prevent microbial cross-contamination and transmission of microbial infections through surfaces in hospitals, pathology labs, and other patient-related areas. The in-house application segment accounted for the largest share of the market.
According to Latest Market research report Published by MarketsandMarkets the “Surface Disinfectant Market Size, Share, Demand and Growth Analysis, forecast the Global Market is expected to reach the US $789.1 million, at a CAGR of 8.3%
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Expansions and product launches were the primary growth strategies adopted by major players to expand their product portfolio in the global Surface Disinfectant Market.
key players operating in the Global Surface Disinfectant Market;
3M Company (US), Cantel Medical Corporation (US), Johnson & Johnson (US), Procter & Gamble (US), Reckitt Benckiser Group plc. (UK), the Clorox Company (US), Sealed Air Corporation (US). Steris Corporation (US), and Ecolab (US) are the top players in this market.
The Clorox Company (U.S.) is one of the key players in the surface disinfectants market. The company focuses on product launches to increase its sales as well as to strengthen its position in the surface disinfectants market. For instance, in 2017, the company launched CLOROX Healthcare Hydrogen Peroxide Cleaner Disinfectants, CLOROX Healthcare Bleach Germicidal Wipes, and CLOROX Healthcare Bleach Germicidal Cleaners.
Major Drivers Impacting the Surface Disinfectant Market;
· Growth in the Number of Surgical Procedures
· Rising Geriatric Population and Subsequent Growth in the Prevalence of Chronic Diseases
· Development of New Compositions to Overcome Bacterial Resistance Towards Disinfectants
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Global Surface Disinfectant Market Segmentation:
On the basis of type, the market is segmented into quaternary ammonium compounds, chlorhexidine gluconate, phenolic compounds, alcohols, aldehydes, and other surface disinfectants. The quaternary ammonium compounds segment is expected to account for the largest share of the market in 2017. The growth in this segment is primarily attributed to widespread availability and large consumption of surface disinfectants in hospitals.
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Critical questions which the report answers
  • What are the new application areas which the surface disinfectant companies are exploring?
  • Which are the key players in the market and how intense is the competition?

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