Surface Disinfectant Chemicals Market

A 1.5x increase in the revenue of surface disinfectant chemicals on a global level to be observed during 2017-2027

The market for surface disinfectant chemicals witnessed massive slowdown in its progress as a result of the spread of Covid-19 pandemic across the globe. But in the post covid world, there is an increasing inclination towards cleanliness and focus on disinfection and cleaning of surfaces has been gradually changing the market trends. As recovery commences in 2021, major players are recuperating their positions through production expansion, capacity utilizations and online selling in 2021 keeping in view the covid-19 norms.

The growing pharmaceutical sector is anticipated to uplift the growth of the surface disinfectant chemicals market during the forecast period. Key players in the market such as Lonza LLC, The Clorox Company, Stephan Company and The Procter & Gamble Company are focusing on the incorporation of tactics including partnership agreements, sales contracts, strategic alliances, diversifications, innovative launches, mergers & acquisitions, research and developments, technological upliftments, product line extensions, hiring technical expertise, joint ventures, collaborations,  product approvals etc for gaining a competitive edge over others in the market.

For instance, Lonza group launched NUGEN® NR No-rinse Food Contact Surface Disinfectant Wipes. The wipes set out standards for being convenient and easy to use as it Cleans and disinfects food contact surfaces streak-free without a post water rinse.the brand claims that these disinfectant wipes kill 99.9% of bacteria in 30 seconds. 

In addition to this, Clorox collaborated with Uber to make Clorox Disinfecting Wipes available on Uber rides across the United States. This collaboration is to ensure that the Uber rides are fully equipped with the products that can help in keeping their car clean and disinfected. Once the driver confirms the availability of wipes in the car, the rider will get a notification that Clorox Disinfecting Wipes are available in the car they are going to ride. This initiative has gained wide popularity especially because of the covid19 scenario. 

The demand for surface disinfectant chemicals is likely to increase in almost all the key regions owing to the increase in the number of people suffering from covid19. Key regions like North America, Asia Pacific excluding Japan (APEJ), North America and Western Europe regions are practicing safety and hygiene measures. The growth of the market is accelerating because of the extended support from the governments to keep the environment clean and disinfected. R&D and technological advancements in the production technologies have also contributed to the market growth. 

According to the research report, the global surface disinfectant chemicals market is expected to witness a moderate growth during the period of forecast. Disinfectant Chemicals are widely used for disinfection and cleaning of surfaces, which is a necessary step for maintaining the cleanliness in the manufacturing processes of various pharmaceuticals. Surface disinfectant chemicals are not only used for preventing the growth of any type of microorganisms which can contaminate the whole system but also to mitigate any other kinds of problems to enhance the overall productivity and efficiency of the manufacturing processes.

Therefore, the growing pharmaceutical sector is anticipated to uplift the growth of surface disinfectant chemicals market during the forecast period. In terms of volume, the global surface disinfectant chemicals market is expected to grow from 1,849,548 tons in 2017 to 2,752,610 tons by 2027.

In terms of market value, the global market for surface disinfectant chemicals in 2017 is around US$ 2.8 Bn and is estimated to reach a value of more than US$ 4 Bn by the end of the assessment year. The global market of surface disinfectant chemicals is poised to register a value CAGR of 4.4% throughout the period of forecast.