Reports and Data has recently published a research report on global Surface Disinfectant market to offer details about recent and emerging market insights to give a comprehensive overview to the users and investors. The report offers details about market size, revenue growth, restraints, growth opportunities and challenges. It also sheds light on players in the global Surface Disinfectant market with details about global position, license agreement, business expansion plans, financial status, revenue contribution, and overall company profiling of each player. The global Surface Disinfectant market is extremely competitive and consists of various global and regional players. Major players are involved in strategizing various plans such as mergers and acquisitions, partnerships, introduction of new and enhanced products, along with joint ventures.
The global Surface Disinfectant Market is forecasted to reach USD 1.53 Billion by 2027, according to a new report by Reports and Data. The surface disinfectant market is growing due to the rise in the number of HAIs or hospital-acquired infections, and growth in the incidence of contagious virus-related diseases. The technological advancement and increasing awareness among the public have led to an increase in the number of surgical operations, which in turn is augmenting the demand for the industry.
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Key participants include Ecolab, Cantel Medical, Procter & Gamble, 3M Company, Reckitt Benckiser Group PLC, The Clorox Company, Gojo Industries, Inc., Johnson & Johnson, Steris Corporation, and Whiteley Corporation, among others.
According to RND, the global Surface Disinfectant market revenue is expected to expand at a XX% CAGR and reach USD XX billion between 2021 and 2028. Key factors driving global market revenue growth are rapid growth in the materials and chemical industry, increasing usage of perfumes, soaps and wide range of raw materials across various sectors such as healthcare and pharmaceutical, food and beverage, agriculture and paper. Based on type, the type 1 segment is expected to register highest revenue growth during the forecast period owing to rising awareness about green energy, and increasing adoption of eco-friendly and biodegradable products.
Asia Pacific is expected to register fastest revenue CAGR between 2021 and 2028. Rapid revenue growth is attributed to factors such as increasing investments in research and development activities, rapidly growing industrial sector and building and construction sector and high demand for raw material across various sectors.
Market segment analysis:
Composition Outlook (Revenue, USD Billion; 2017-2027)
- Chlorine Compounds
- Alcohol
- Hydrogen Peroxide
- Quaternary Ammonium Compounds
- Peracetic Acid
- Others
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Type Outlook (Revenue, USD Billion; 2017-2027)
End Users Outlook (Revenue, USD Billion; 2017-2027)
- Hospital
- Diagnostic Laboratories
- Research Laboratories
- Pharmaceutical & Biotechnology Companies
Application Outlook (Revenue, USD Billion; 2017-2027)
- In-House Surfaces
- Instrument Disinfection
- Others
Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.
* North America (U.S., Canada, Mexico)
* Europe (Italy, U.K., Germany, France, Rest of Europe)
* Asia Pacific (India, China, Japan, South Korea, Australia, Rest of APAC)
* Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
* Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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* Which key factors expected to boost global Surface Disinfectant market growth during the forecast period?
* Which factors are expected to hamper the growth of global Surface Disinfectant market throughout the forecast period?
* Which application segment revenue is expected to register rapid CAGR between 2021 and 2028?
* Which are the leading companies operating in the global Surface Disinfectant market?
* What is the scope of growth of product companies in the global Surface Disinfectant market?
Explore Reports and Data's Prime Analysis of the global Materials and Chemicals Industry:
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