The global surface disinfectants market size is estimated to grow by $1.24 billion from 2024-2028 at a compound annual growth rate (CAGR) of 5.58 percent, according to research from Technavio. Increasing investments in healthcare industry is driving market growth, with a trend towards rising awareness about infectious diseases. However, rising use of UV radiation for surface disinfectants poses a challenge.
Market Drivers
The COVID-19 pandemic underscores the significance of surface disinfection in limiting the spread of infectious diseases. This realization has fueled a heightened focus on regular and thorough disinfection practices among individuals, businesses, and organizations. Health authorities and institutions are advocating for clean and disinfected surfaces to minimize infection risks. The importance of personal hygiene, including handwashing and surface sanitization, has gained prominence. Hospitals are implementing rigorous surface disinfection protocols to prevent healthcare-associated infections. The surge in demand for medical-grade disinfectants is a testament to this trend. Businesses, educational institutions, hospitality sectors, and households are proactively adopting disinfection practices to ensure safer environments.
The market is experiencing significant growth due to the increasing demand for effective and efficient disinfectants. Key players in this industry include companies producing alcohol-based disinfectants, quaternary ammonia-based disinfectants, hydrogen peroxide-based disinfectants, and biguanide-based disinfectants. Trends in the market include the development of eco-friendly and non-toxic disinfectants, as well as the integration of advanced technologies such as ultraviolet light and electrostatic spraying. Additionally, the growing concern over antibiotic resistance is driving the demand for more effective and broad-spectrum disinfectants.
Market Challenges
The UV radiation-based disinfection market is growing as an alternative to traditional surface disinfectants. UV germicidal irradiation safely and effectively kills or inhibits microorganisms, including bacteria, fungi, and viruses, responsible for diseases like cholera, typhoid, and hepatitis. This technique is reliable, inexpensive, and free of harmful chemicals, making it a preferred choice over surface disinfectants that release irritating fumes and vapors.
Other challenges include the need for effective and rapid disinfection, especially in healthcare settings. The emergence of antibiotic-resistant bacteria adds to the complexity, requiring disinfectants that can kill these strains. Additionally, there is a growing demand for eco-friendly and non-toxic disinfectants. The high cost of some disinfectants and the need for frequent application also pose challenges. Furthermore, the regulation of disinfectants and their safety for human use is a significant concern. Lastly, the development of disinfectants that can effectively combat a wide range of microorganisms is an ongoing challenge.
Read up on additional disinfectant trends here.