Surface Disinfectant Market Regulations and Competitive Landscape Outlook to 2030


Transparency Market Research states the global surface disinfectant market is prophesized to witness a notable growth in the future years due to the increasing implementation of hygiene and cleanliness rules as per implemented by the state authorities. The competitive landscape of the market is largely fragmented with the presence of many players in the market. Major players are focusing on new marketing strategies in order to strengthen their base and use advanced technology so as to generate more revenue in the future.

Some of the leading players of the global surface disinfectant market are Johnson & Johnson Services Inc., Procter & Gamble, Reckitt Benckiser Group plc, The Clorox Company, GOJO Industries, Inc., and Whiteley Corporation. Players are looking for merger and acquisition strategies in order to achieve better hold of the market and generate better revenue figures which ultimately will lead to dominance all over the globe.

According to reports by TMR, the global surface disinfectant market is anticipated to be valued at US$1.77 bn by 2024. The forecast period considered for this report is 2016 - 2024 and the market is projected to witness a notable 10.40% CAGR. As per the segmentation by products, the market may generate more revenue from the sodium hypochlorite-based disinfectants segment and is prognosticated to continue its dominance over the next years. On the basis of end user, the global market for surface disinfectants is expected to be dominated by the hospitals segment. This is because of the continuous need for cleanliness and hygiene maintenance in the hospital premised at all times in order to stay away from germs that are usually more in number in places like hospitals as compared to other places.

Geographically, the global surface disinfectant market is anticipated to be dominated by the Asia Pacific region. This is owing to the increase in disposable income of people along with the rising awareness and importance of cleanliness in and around the surroundings. Besides, the rise and demand of the construction sector in the region is also expected to drive the growth of surface disinfectants market in the region. It is estimated that the Asia Pacific region could take the lead in the market while exhibiting an 11.3% CAGR during the forecast period.

Request A Sample- https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=16955

Rise in Geriatric Population and Following Chronic Diseases to Fuel Market Growth

The rise in number of chronic diseases and their henceforth coming surgical procedures is among the main factors boosting the growth of the surface disinfectant market in the long run. The rise in the number of geriatric population and the surge in the number of chronic diseases are also envisaged to fuel the market in the future years. Moreover, new product development and innovative inventions in the field of disinfectants are also attracting consumers in the market.

Apart from that, the emerging nations are focusing more in construction of better healthcare infrastructures like specialty clinics and hospitals where there is the constant need for cleanliness and hygiene. Other than that, the growing awareness of cleanliness is next to godliness and government imposing such rules and safety measures are also creating high requirement of  surface disinfectants in the market. Such strict cleanliness regulations is more likely to boost the overall market globally.

Advanced Medical Instruments and Rise in Sterilization to Hamper Market Growth

The increase in the number of sterilization and disinfection of many advanced medical instruments may act as a hindrance to the overall growth of the market. However, increasing awareness regarding infection control may positively help the market to generate more to the most revenue in the years to come.

The review presented above is based on a TMR report, titled, “Surface Disinfectant Market (Product - Sodium Hypochlorite, Phenols, Quaternary Ammonium Compounds, Hydrogen Peroxide, Peracetic Acid, Biguanides, Amphoterics, and Aldehydes; Type - Liquids, Sprays, and Wipes; Application - Hospitals & Clinics, Outpatient Surgical Centers, Restaurants & Food Chains, and Households) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 – 2024”.

Purchase A Report- https://www.transparencymarketresearch.com/checkout.php?rep_id=16955&ltype=S

Chemicals and Materials Sector

An assortment of analytics technologies will help in augmenting the commercial productivity. However, until now, the pace of adoption of digital technologies in the overall chemicals industry has been relatively slow. It thus remains to be seen how far the players in the market will be able to unlock long-term productivity benefits of AI-driven management of various business functions, particularly research and development and production.

Comments

Post a Comment

Popular posts from this blog

Compresed Fiberboard Market Size, Analytical Overview, Growth Factors, Demand, Trends And Forecast To 2027

  Compressed Fiberboard Market: Introduction ·          A compressed fiberboard is a type of engineered wood wallboard, which is composed of wood fibers, sawdust, softwood flakes, and other materials such as paper or cardboard. All these materials are mixed with synthetic resin and wax and then, compressed in a de-fibrator machine under heat to form rigid sheets. Types of Compressed Fiberboards ·          Based on density, compressed fiberboards are classified into three key types: low-density fiberboards (LDFs), medium-density fiberboards (MDFs), and high-density fiberboards (HDFs). Low-density fiberboards, also known as particle boards, primarily used for wall paneling, molding, and furniture manufacture. The density of low-density fiberboards usually ranges between 160 kg/m³ and 450 kg/m³. Particle boards are less strong and inexpensive compared to MDFs and HDFs. Low-density fiberboards are mo...
Read more

Maqui Berries Market Positive Outlook for Industry Opportunities & Trends for Expansion during 2018-2028

Image
  Maqui Berries Market: Increased Consumer Spending on Organic & Clean-Label Nutrition to Favor Gains   Maqui berries, in line with the superfast success of pomegranate products, are receiving their share of limelight, with consumers curious to leave old and try something new, particularly products that are perceived to offer more health value. From being spawned as weight support aids, to immune supporters, and energy providers, maqui berries have already gained significant hype and popularity – our research finds sales of maqui berries reached US$ 863.7 Mn in 2018.  The paradigm consumer shift towards healthy foods, coupled with growing recognition of health benefits of maqui berries among them continues to create significant opportunities for manufacturers. Though the high cost constraint of maqui berries triggers reluctance to adoption among customers, alike, high nutritional profile of this fruit continues to keep the sales flowing.  Maqui Berries Market – ...
Read more

Ink Additives Market Likely to Expand Growth Scope in the Coming Years(2018-2026)

Image
  Ink additives are materials that impart necessary characteristics to printing inks. These characteristics include protection of the finished product and smooth running on the printing press. Growth of the Packaging Industry Driving Ink Additives Market Packaging is a highly important marketing aspect that influences consumers’ purchasing decision. The packaging industry is a major consumer of printing inks. Growth of the food & beverages sector and rise in the demand for flexible packaging in the health care sector are estimated to boost the demand for ink additives in the next few years. Increase in the demand for inks in the global packaging industry is projected to drive the global ink additives market during the forecast period. The global packaging industry was valued at approximately US$ 820 Bn in 2016 and is likely to expand at a rapid pace during the forecast period. Ink additives are employed in the manufacture of all types of printing inks. Request A Sample- https:...
Read more