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The global surface disinfectant market is being led by North America and its position over the forecast period is expected to be sustained. High living standards have contributed to cleaner households and other hygienic consumer practices. Government programs and regulations of public safety and hygiene have also guided the development of the demand for surface disinfectants. The Asia Pacific is anticipated to be the fastest rising region between 2020 and 2025. The demand in the Asia Pacific is driven by the growing population and rising public health and cleanliness expenses. In addition to increased customer understanding of the need for cleanliness and hygiene, increased disposable income is likely to stimulate the product demand over the next few years.
In February 2020, Procter & Gamble (NYSE: PG), announced the launch of Microban 24, a new antibacterial house sanitizing product. In addition to killing 99.9 percent of contact bacteria, Microban 24 continues to function throughout the day. Microban 24 is a defensive shield, allowing for a full 24 hours for the killing of bacteria even though the surface is infected or touched many times.
Market Analysis by Composition, Type, Application, End-Use, and Regions:
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The major key players in the global surface disinfectant market include companies like 3M Company, Cantel Medical, The Clorox Company, Ecolab, Johnson & Johnson Services, Inc., Procter & Gamble, and Reckitt Benckiser Group PLC, among others. The comprehensive report covers their market share, capacity, and latest developments like mergers and acquisitions, and capacity expansions.
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