The global surface disinfectants market is projected to reach USD 4300 million by 2026 from USD 2900 million in 2021, at a compound annual growth rate (CAGR) of 8.4% during the forecast period.

The growth of the market is driven by factors such as the increasing demand for infection control measures to curb the occurrence of hospital-acquired infections and the growing awareness about disinfection and hygiene due to the spread of COVID-19. On the other hand, the increasing number of adverse effects of chemical disinfectants and the increasing development of alternative technologies are the major factors hindering the growth of this market.

The alcohol segment accounted for the largest share, by composition, during the forecast period
The surface disinfectants market is segmented into alcohols, chlorine compounds, quaternary ammonium compounds, hydrogen peroxide, peracetic acid, and other compositions based on composition. In 2020, the alcohol segment accounted for the highest growth rate in the surface disinfectant market.

The increasing use of newer surface disinfectants for disinfection and the growing awareness about disinfection and hygiene due to the spread of COVID-19 are important factors contributing to the growth of this segment.

The liquid segment accounted for the highest growth rate, by type, during the forecast period
The surface disinfectants market is segmented into liquids, wipes, and aerosols. In 2020, the liquid segment accounted for the highest growth rate in the surface disinfectants market. The increased use of newer surface disinfectants for disinfection and the increasing demand for infection control measures to curb the occurrence of hospital-acquired infections are important factors contributing to the growth of this segment.

Instrument disinfection segment accounted for the highest CAGR
Based on application, the surface disinfectant market has been segmented into surface disinfection, instrument disinfection, and other applications. In 2020, the instrument disinfection segment accounted for the highest CAGR.

This can be attributed to the growing awareness of disinfection and hygiene due to the spread of COVID-19 and the increasing number of strict rules for the use of surface disinfectants.

The hospital environments segment accounted for the largest share
According to end-user, the surface disinfectants market has been segmented into hospital settings, diagnostic laboratories, pharmaceutical and biotechnology companies, and research laboratories. In 2020, the hospital environments segment accounted for the largest share.

This can be attributed to the increasing use of newer surface disinfectants for disinfection and the growing demand for infection control measures to curb the occurrence of hospital-acquired infections.

Source: MarketsandMarkets.