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Surface Disinfectant Market worth $4.3 billion by 2026 - Exclusive Report by MarketsandMarkets

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CHICAGO, Jan. 19, 2022 /PRNewswire/ -- According to the new market research report "Surface Disinfectant Market by Composition (Alcohols, Chlorine, Quaternary Ammonium), Type (Liquid, Wipes, Sprays), Application (Surface, Instrument), End-User (Hospital, Diagnostic and Research Laboratories), Region - Global Forecast to 2026", published by MarketsandMarkets, the global market is projected to reach USD 4.3 billion by 2026 from USD 2.9 billion in 2021, at a CAGR of 8.4%.

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Browse in-depth TOC on "Surface Disinfectant Market"
131 - Tables
42 - Figures
213 - Pages

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The Rising number of stringent regulations for the use of surface disinfectants, rising demand for infection control measures to curb the occurrence of hospital-acquired infections, increasing use of newer surface disinfectants for sanitization and growing awareness of sanitization and hygiene due spread of COVID-19 are providing lucrative opportunities for the players operating in the market.

The alcohol segment accounted for the largest share of the surface disinfectant market, by composition segment, in 202

Based on composition, the surface disinfectants market is segmented into alcohol, chlorine compounds, quaternary ammonium compounds, hydrogen peroxide, peracetic acid, and other compositions. The alcohol segment accounted for the largest share of the market, mainly due to rising number of stringent regulations for the use of surface disinfectants and growing awareness of sanitization and hygiene due spread of COVID-19.

Liquid segment to register the highest growth rate during the forecast period

Based on type, the surface disinfectants market is segmented into liquids, wipes, and sprays. In 2020, the liquid segment accounted for the highest growth rate of the market. The large share of this segment can mainly be attributed to the rising demand for infection control measures to curb the occurrence of hospital-acquired infections and rising number of stringent regulations for the use of surface disinfectants.

The surface disinfection segment accounted for the largest share of the surface disinfectant market, by application segment, in 2020

Based on application, the market is segmented into surface disinfection, instrument disinfection, and other applications. In 2020, surface disinfection accounted for a larger share of the market, mainly due to the rising demand for infection control measures to curb the occurrence of hospital-acquired infections and growing awareness of sanitization and hygiene due spread of COVID-19.

The hospital settings segment accounted for the largest share of the market, by end-user segment, in 2020

Based on end users, hospital settings, diagnostic laboratories, pharmaceutical & biotechnology companies, and research laboratories. In 2020, hospital settings accounted for a larger share of the surface disinfectant market, mainly due to the rising number of stringent regulations for the use of surface disinfectants and growing awareness of sanitization and hygiene due spread of COVID-19.

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North America is the largest regional market for surface disinfectant market

The global market is segmented into five major regions-North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa. North America accounted for the largest regional market for market in 2020. The large share of North America in this market can be attributed to the rising demand for infection control measures to curb the occurrence of hospital-acquired infections and growing awareness of sanitization and hygiene due spread of COVID-19.

The major players operating in this surface disinfectant market are 3M (US), Procter & Gamble (US), Reckitt Benckiser Group PLC (UK), Ecolab (US), Steris (US), The Clorox Company (US), Diversey Holdings LTD. (US), Cantel Medical (US), CarrollCLEAN (US), PAUL HARTMANN AG (Germany), Metrex Research, LLC. (US), Whiteley (Australia), Medline Industries, Inc. (US), GOJO Industries, Inc. (US), Pharmax Pharmaceuticals FZ-LLC (Canada), PDI, Inc. (US), Becto, Inc. (US), GESCO Healthcare Pvt. Ltd. (India), MEDALKAN (Greece), Ruhof (US), Contec, Inc. (US), Cetylite, Inc. (US), Micro-Scientific, LLC (US), Pal International (UK), Brulin Holding Company, Inc. (US).

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Browse Adjacent Markets: Medical Devices Market Research Reports & Consulting

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Sterilization Equipment Market by Product & Services (Instruments (Dry Heat), Services (Ethylene Oxide, Gamma, Steam), Consumables & Accessories (Sterilization Indicators), End User (Hospitals & Clinics, Pharmaceuticals) - Global Forecast to 2026
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About MarketsandMarkets

MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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