Surface Disinfectants Market Size, Share and Industry Analysis Report by Product (Chemical-based {Quaternary Ammonium Compounds, Hypochlorite, Alcohols, Aldehydes, Peroxides}, Bio-based), Form (Liquids, Wipes, Spray), End-user (Healthcare, Hospitality, Fo

Surface Disinfectants Market Size, Share and Industry Analysis Report by Product (Chemical-based {Quaternary Ammonium Compounds, Hypochlorite, Alcohols, Aldehydes, Peroxides}, Bio-based), Form (Liquids, Wipes, Spray), End-user (Healthcare, Hospitality, Food & Beverage, Residential) and Distribution Channel (Online, Offline), Regional Outlook, Application Potential, Competitive Market 2021- 2027

The surface disinfectants market is projected to witness sturdy expansion by 2027 due to the increasing prevalence of infectious diseases around the globe.

Surface disinfection, especially in heavily crowded public areas, has become the new norm in light of the ongoing COVID-19 pandemic. The rising need to maintain overall cleanliness and personal hygiene has boosted product adoption worldwide. Moreover, growing consumer preference for bio-based surface disinfectants has fostered market growth in recent years.

Notably, industry participants have been launching innovative disinfecting products to cater to escalating demand for sanitizing and disinfecting solutions amidst the COVID-19 pandemic, thereby enhancing the overall business dynamics.

For instance, in March 2021, CloroxPro, a global cleaning products business of The Clorox Company, launched its novel electrostatic sprayer, dubbed the Clorox® Total 360® ProPack. The Clorox® Total 360® ProPack is a mobile disinfecting device that has been designed to include a backpack harness to ensure complete surface coverage and is ideal for disinfecting shared public surfaces.

The surface disinfectants market has been segmented based on distribution channel, product, end-user, form, and region.

With respect to product, the market has further been categorized into bio-based and chemical-based. Under chemical-based, the market has been divided into peroxides, quaternary ammonium compounds, aldehydes, hypochlorite, alcohols, and others.

The quaternary ammonium compounds segment is anticipated to be valued at around USD 1.2 billion by the end of 2027. The aldehydes segment is slated to register notable growth, expanding at approximately 6.0% CAGR through the assessment period.

The peroxides segment is set to grow considerably at a CAGR of almost 7.0% through the analysis period. The others segment is poised to grow at a robust pace to reach about USD 1.0 billion valuation by the end of 2027. This segment includes chemical-based surface disinfectants like phenolic compounds, iodine compounds, and hydrogen peroxide.

From the end-user spectrum, the surface disinfectants market has been bifurcated into residential, healthcare, food & beverage, and hospitality. The hospitality sub-segment is expected to garner revenue worth over USD 815.0 million by the end of 2027 owing to mounting demand for surface disinfectants from hotels, restaurants and foodservice sector.

On the regional front, the Latin America surface disinfectants market is estimated to be worth more than USD 965.0 million by the end of the study period on account of growing consumer awareness regarding cleanliness and personal hygiene.

The Middle East & Africa surface disinfectants market is set to develop at a CAGR of above 5.5% over the forecast timeframe. This growth is attributed to the booming healthcare and hospitality sectors in the UAE and Saudi Arabia.