The Surface Disinfectants Market is being driven by Increasing investments in healthcare industry
The Surface Disinfectants Market is expected to grow at a CAGR of 5.8% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 1365.7 million. The COVID-19 pandemic has underscored the significance of surface disinfection in mitigating the spread of infectious diseases. As a result, there has been a heightened emphasis on regular and thorough disinfection practices among individuals, businesses, and organizations. Health authorities and institutions have been advocating for the importance of maintaining clean and disinfected surfaces to minimize infection risks. This heightened awareness has led to a surge in demand for effective surface disinfectants. With the ongoing pandemic, personal hygiene practices, such as handwashing and surface sanitization, have become essential in safeguarding against potential infection sources. Surface disinfectants are now recognized as crucial tools in disease prevention strategies.
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The market is segmented based on segments_for_ai.nslist
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
261 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.8% |
Market growth 2025-2029 |
USD 1365.7 million |
Market structure |
Fragmented |
YoY growth 2024-2025(%) |
5.4 |
Key countries |
US, Canada, Germany, China, UK, Japan, France, India, Italy, and South Korea |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Surface Disinfectants Market is experiencing significant growth due to the increasing prevalence of disease outbreaks and stringent medical hygiene regulations. Disinfectants play a crucial role in decontaminating surfaces from bacteria such as Escherichia coli and Clostridium difficile, which contribute to Hospital-Acquired Infections (HAIs). Immune systems are compromised in the geriatric population and other vulnerable groups, making effective disinfection essential. Sodium hypochlorite and other chemical disinfectants are widely used, with healthcare expenditure driving demand in developed and emerging economies. Changing lifestyles and the rise of animal diseases in livestock farming also contribute to the market's expansion. The market encompasses cleaning products, sanitizers, and disinfectants, all vital for maintaining hygiene and sanitation. Pathogens pose a threat in healthcare settings and beyond, necessitating continuous innovation in disinfection solutions.
The global specialty chemicals market encompasses businesses specializing in high-value-add chemicals utilized in the production of various products, such as fine chemicals, additives, advanced polymers, adhesives, sealants, specialty paints, pigments, and coatings. According to Technavio's market analysis, key growth drivers for this market include the increasing demand for specialty adhesives and sealants. This trend is particularly significant in the context of animal health and agriculture industries, where biobased and biodegradable surface disinfectants, including alcohols and those targeting bacteria and animal diseases, are gaining popularity due to their eco-friendly and effective properties. Consequently, the specialty chemicals market is expected to experience substantial expansion during the forecast period.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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