The market is projected to have a significant CAGR of 4.1% by 2033. FMI forecasts the revenue share of the surface disinfectant chemicals market to expand from USD 3.9 billion in 2023 to USD 5.8 billion by 2033. Historically, the market showed significant growth, with a CAGR of 4.6% from 2017 to 2022.
The rising prevalence of chronic illnesses, the rising number of surgeries performed in healthcare facilities, the rise in the number of health clubs and gyms, and the expanding global tourism industry leads to the market growth of surface disinfectant chemicals.
Additionally, the introduction of cutting-edge disinfection products and growing economies offer tremendous opportunities to the top manufacturers of surface disinfectant chemicals. Many start-ups in surface disinfectant chemicals globally developed a variety of alternatives to conventional chemical-based decontaminants, which can clean surfaces and even micro-cavities, due to the growing risk of disinfectants to humans.
Surface disinfectant chemicals trend analysis shows some of the most current no-touch (automated) decontamination methods. It includes the use of aerosol and vaporized hydrogen peroxide, portable devices that produce continuous ultraviolet (UV-C) light, a pulsed-xenon UV light system, and high-intensity narrow-spectrum (405 nm) light.
These no-touch techniques have been shown to reduce surface bacterial contamination. The market thus displayed high growth potential, rising from USD 3.7 billion in 2022 to USD 5.8 billion by 2033.
The market is majorly driven by rising healthcare costs and heightened consumer cleanliness consciousness. Moreover, the market is expanding due to the rising frequency of numerous infectious disorders like hepatitis, HIV, and other hospital-acquired infections.
The adoption of surface disinfectant chemicals is anticipated to grow as people become more aware of different illnesses linked to healthcare. Over the coming years, the industry is also projected to develop as a result of changing lifestyles and an increase in surgeries.
| Attributes | Details |
|---|---|
| Surface Disinfectant Chemicals Market CAGR (2023 to 2033) | 4.1% |
| Surface Disinfectant Chemicals Market Size (2023) | USD 3.9 billion |
| Surface Disinfectant Chemicals Market Size (2033) | USD 5.8 billion |
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Driven by increasing focus on maintaining cleanliness and hygiene standards in residential and industrial settings, the surface disinfectant chemicals market is likely to have a 4.1% CAGR between 2023 and 2033, in comparison to the 4.6% CAGR registered from 2017 to 2022.
Economic prosperity, rising middle-class income, aging population, rising healthcare expenditure, and stringent government regulations implemented to ascertain maximum hygiene standards in hospitals and commercial spaces are expected to drive surface disinfectant chemicals demand.
Hospital-acquired infections (HAI) are among the key health concerns impacting patient recovery. In addition, the increase in the occurrence of surgical site infections is expected to fuel the demand for surface disinfection chemicals.
Steady implementation of disease control and prevention measures has brought about a notable decline in the rate of HAI cases. The USA has been at the forefront of the adoption of surface disinfection practices.
Moreover, the food and beverages industry also experienced healthy growth across the world. The absolute growth in the coming years is expected to be USD 1.9 billion.
An increase in the number of food-borne diseases and healthcare-associated infections, along with the outbreak of COVID-19, has resulted in increased concerns about hygiene among consumers. This in turn increases surface disinfectant chemicals applications in the sector.
Challenges such as government regulations implemented on the use of synthetic chemicals and shifting preference towards environment friendly products have always been the prime concerns for manufacturers.
Nonetheless, consistently rising demand from various industries amid the implementation of strict safety and hygiene protocols aids the overall expansion of the market. Almost half of the demand for surface disinfectant chemicals is created by commercial and institutional end users.
The use of surface disinfectant chemicals has increased at a significant rate in recent years. Rising hygiene concerns and the need for sanitization have increased due to the outbreak of the COVID-19 pandemic.
Demand for these chemicals is projected to grow at a substantial pace in the coming years, as strict hygiene maintenance becomes the norm across facilities, which is expected to fuel the sales of surface disinfectant chemicals over the assessment period.
Principal Consultant
Several disinfectants have the potential to react violently with unrelated substances and release toxic fumes that could threaten workers. All chemical disinfectants have the potential to be dangerous or destructive to living organisms by their very nature. This can harm the overall market share for surface disinfectant chemicals.
Moreover, due to the risk involved with chemical-based disinfectants, consumers are switching to chemical-free alternatives. Human respiratory systems are significantly impacted by chemical-based disinfectants. This adversely impacts the market growth of surface disinfectant chemicals.
For instance, using hand sanitizers excessively may irritate the skin, since they remove the natural oils from the skin and contain chemicals like alcohol, chloroxylenol, chlorhexidine, and triclosan.
North America is predicted to remain one of the most attractive markets during the forecast period, according to Future Market Insights. According to the study, the USA is expected to account for over 88% of the North American market through 2033. In comparison to the
historical CAGR of 4% from 2017 to 2022, the market expected a lower rate of 3.8% by 2033.
| Attributes | Details |
|---|---|
| USA Market Size (2033) | USD 1.0 billion |
| USA Market Absolute Dollar Growth (USD million/billion) | USD 325.9 million |
The USA’s high healthcare spending is one of the main factors supporting market growth. Overall healthcare spending grew at a rate of about 4.6% in 2019, as compared to the overall economic growth of 4.0%, according to the CMS Office of the Actuary estimates.
Furthermore, the USA remains one of the world's largest markets for pharmaceuticals, making it a lucrative market for surface disinfectant chemical manufacturers. Aside from this, rising cases of chronic diseases, a growing overall population, and high medical care awareness among Americans are likely to drive the revenue share of the surface disinfectant chemicals market.
Demand in the United Kingdom market is expected to rise at nearly 3.4% CAGR over the forecast period. The United Kingdom's healthcare system is backed by well-developed infrastructure, and it is largely supported and funded by the government. It is not surprising that the United Kingdom has the most elevated level of expenditure in Europe.
| Attributes | Details |
|---|---|
| United Kingdom Market Size (2033) | USD 166.6 million |
| United Kingdom Market Absolute Dollar Growth (USD million/billion) | USD 47.8 million |
As per the report, the United Kingdom is identified as a primary market, and it is expected to continue exhibiting high demand for surface disinfectant chemicals through the forecast period.
Moreover, rising research activities, the presence of several major players, and increasing demand from the commercial sector are creating attractive opportunities for the surface disinfectant market in the country.
Germany is well known for its strong presence of developers and manufacturers of pharmaceutical products. The surface disinfectant chemical market in the country is expected to expand at a CAGR of 4.2% during the 2023 to 2033 period.
Top companies of surface disinfectant chemicals prefer to invest in the country owing to easier access to various cutting-edge technologies to conquer unmet challenges, with funding involved in drug development and pathology research.
| Country | China |
|---|---|
| CAGR (2017 to 2022) | 6% |
| Market Size 2033 | 5.1% |
| CAGR (2023 to 2033) | USD 1.2 billion |
| Market Absolute Dollar Growth (USD million/billion) | USD 472.4 million |
| Country | Japan |
|---|---|
| CAGR (2017 to 2022) | 4.6% |
| Market Size 2033 | 3.8% |
| CAGR (2023 to 2033) | USD 320 million |
| Market Absolute Dollar Growth (USD million/billion) | USD 98.7 million |
| Country | South Korea |
|---|---|
| CAGR (2017 to 2022) | 4.9% |
| Market Size 2033 | 4.6% |
| CAGR (2023 to 2033) | USD 281.2 million |
| Market Absolute Dollar Growth (USD million/billion) | USD 102.3 million |
In 2021, India is expected to account for over 42% of the sales in South Asia and the Pacific. Government initiatives were undertaken to bring the economy back on track following the pandemic and positively impact the disposable income of consumers.
Outreach programs adopted to promote cleanliness are expected to bring about awareness of hygiene and sanitization across the country, which is expected to boost the market of surface disinfectant chemicals in the country.
As India is one of the worst impacted countries in terms of infections, the requirement for surface disinfectant chemicals remains high. Moreover, the significant rise in the number of patients owing to an increased population, changing lifestyles, and the appearance of new diseases are also driving the demand for surface disinfectant chemicals.
Also, top Indian producers are expecting to extend their business through consolidation and acquisitions with different organizations.
Through a number of programs, the Chinese government is also emphasizing sanitation and safety, which increases the regional share of the surface disinfectant chemicals industry. The country's market is expanding as a result of increasing urbanization, as well as an increase in the number of public and commercial workplaces and hospitals.
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| Segment | Product Type |
|---|---|
| Top Sub-segment | Quaternary Ammonium Compounds |
| CAGR (2017 to 2022) | 4.9% |
| CAGR (2023 to 2033) | 4.1% |
| Segment | End User |
|---|---|
| Top Sub-segment | Commercial and Institutional |
| CAGR (2017 to 2022) | 5.1% |
| CAGR (2023 to 2033) | 4.2% |
Based on product type, quaternary ammonium compounds are the leading category, accounting for nearly 43.7% of the global market value in 2021.
Quaternary Ammonium Compounds are widely used in the disinfection of healthcare institutions. Growth in the global healthcare industry is expected to aid demand over the forecast period.
Quaternary Ammonium Compounds are expected to remain the preferred choice for many end users. There is a rising focus on point-of-care disinfecting products, which has resulted in the growing sales of surface disinfectant chemicals through 2033.
Commercial and institutional end users are expected to dominate the market over the forecast period, accounting for about 50% of the global market share by 2033. The growth registered in this segment can be attributed to the rising demand from the healthcare industry and the development of commercial and institutional infrastructure during the forecast period.
Given the impact of the pandemic, consumers and businesses are increasingly focusing on maintaining workplace hygiene and cleanliness, which is likely to become a mandatory part of business operations, thus driving the market growth.
Companies operating in the surface disinfectant chemicals market are aiming at expanding production capacities through strategic acquisitions and collaborations with other manufacturers to leverage the increase in global demand.
Top manufacturers of surface disinfectant chemicals are concentrating on implementing new marketing plans and are utilizing cutting-edge technologies to expand their clientele. By increasing their productivity, operational effectiveness, and lead time reduction, top companies of surface disinfectant chemicals are concentrating on controlling and optimizing supply efficiency and remaining competitive in the market.
The surface disinfectant chemicals market is estimated to be worth USD 3.9 billion in 2023.
The surface disinfectant chemicals market is expected to have a CAGR of 4.1% by 2033.
The surface disinfectant chemicals market expanded at 4.6% CAGR in the last five years, from 2017 to 2022.
North America accounted for nearly 3.8% CAGR in the global surface disinfectant chemicals market by 2033.
The United Kingdom is expected to lead the surface disinfectant chemicals market in Europe with a 3.4% CAGR by 2033.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2017 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Product Type 5.1. Quaternary Ammonium Compound 5.2. Alcohols & Aldehydes 5.3. Phenolic Compounds 5.4. Halogens 5.5. Oxidizing Agents 6. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By End Use 6.1. Domestic 6.2. Commercial & Institutional 6.3. Industrial 7. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Region 7.1. North America 7.2. Latin America 7.3. Europe 7.4. East Asia 7.5. South Asia & Pacific 7.6. Middle East and Africa (MEA) 8. North America Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 9. Latin America Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 10. Europe Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 11. East Asia Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 12. South Asia & Pacific Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 13. MEA Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 14. Key Countries Market Analysis 15. Market Structure Analysis 16. Competition Analysis 16.1. Evonik Industries AG 16.2. LANXESS AG 16.3. Solvay S.A. 16.4. BASF SE 16.5. Lonza Group AG 16.6. Dow Inc. 16.7. Arkema SA 16.8. Mitsubishi Gas Chemical Company, Inc. 16.9. Hodogaya Chemical Co., Ltd. 16.10. Olin Corporation 16.11. Hansol Chemical Co., Ltd. 16.12. Dishman Carbogen Amics Ltd. 16.13. Chang Chun Petrochemical Co., Ltd. 16.14. Aditya Birla Chemicals 16.15. Guangdong ZhongCheng Chemicals Inc., Ltd. 16.16. Quat-Chem Ltd. 16.17. PeroxyChem LLC 16.18. Airedale Chemical Company Limited 16.19. Belinka Perkemija, d.o.o. 17. Assumptions & Acronyms Used 18. Research Methodology
Consumer Product
December 2023
REP-GB-15909
315 pages
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Surface Disinfectant Chemicals Market
