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Global Surface Disinfectant Market it is anticipated to reach at market value of US$ 1.7 Bn by 2027

Bizizz Market Research has recently published a research report, “Surface Disinfectant Market by Composition (Alcohols, Peracetic Acid, Chlorine Compounds, Hydrogen Peroxide, Quaternary Ammonium Compounds, and Others), by Type (Sprays, Wipes, and Liquid), by Application (Instrument Disinfection, In-House Surfaces, and Others), by End-User (Research Laboratories, Hospital Settings , Pharmaceutical & Biotechnology Companies, and Diagnostic Laboratories), and Region-Global Industry Trends, Estimation & Forecast, 2019 – 2027”.

As per the report, Global Surface Disinfectant Market was valued at US$ XX Mn in 2018 and it is anticipated to reach at market value of US$ 1.7 Bn by 2027, witnessing a CAGR of 4.0 % during the forecast period. Key drivers of the market are rising demand from food & beverages industry for several applications and advantages associated with Surface Disinfectant.

Surface Disinfectant is used to disinfect the surroundings from harmful bacteria and germs. In order to fight with recent corona pandemic maximum number of isolation wards are needed. The number is increasing significantly across the globe. In India, several hospitals and schools are converted into isolation centers for migrants which is anticipated to spur the demand for surface disinfectant significantly.

The Surface Disinfectant Market Is Anticipated To Register A CAGR Of Over 4.0 % During The Forecast Period.

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Based on Composition, the Peracetic Acid segment led the global market by occupying maximum share in 2018

On the basis of composition, the peracetic acid segment is anticipated to occupy highest share throughout the forecast period. The acid has large adoption in healthcare and pharmaceutical industry. The peracetic acid is environment friendly, cost-effective, and non-toxic in nature which makes it preferable in these sectors.

North AmericaIs Anticipated To Hold Prominent Share During the Forecast Period

In terms of region, Asia Pacific is anticipated to lead the global market by holding prominent share over the forecast period. The region held 38.7 % market share in 2018. The U.S. government is taking several initiatives to and issuing multiple policies intended to ensure public health and hygiene which is expected to favor the regional growth in coming years.

The global market is highly fragmented with several local and few global players. Companies are focused on strategic alliances and partnerships with other players intended to expand their global footprint which is expected to strengthen their market foothold in future.

Prominent players operating in the Global Surface Disinfectant Market are: Gojo Industries, Inc., 3M Company, Whiteley Corporation, Cantel Medical, Metrex Research, LLC, The Clorox Company, CarroLLClean, Ecolab, Steris Corporation, Johnson & Johnson, Diversey, Inc., Reckitt Benckiser Group PLC, and Procter & Gamble, among others.

Impact of COVID-19 on Economy, Industry and Company 

The emergence of novel coronavirus has affected the global economy, industry dynamics and company’s top line. The entire ecosystem has to suffer the impact of this pandemic disease which would result in demand & supply gap, production delay and weak consumer demand of end products across industries.

At Bizizz Market Research, our analyst has done extensive research across industries and identified various methodologies which would assist C-Level executives to counter this ongoing threat and make informed business decisions.

Areas at which Bizizz Market Research would help decision makers are:

a) Insights on current demand & supply gap analysis

b) Impact on value chain and supply chain and strategies adopted to off set its impact           

c) Impact on Industry / company revenue and predictive intelligence on forecast sales

d) In-depth analysis on market segmentation – both value and volume analysis

e) Market assessment, regional and country attractiveness, competitive benchmarking                         
    and entry strategy

f) Prioritizing strategies and how it would impact company’s short to long-term business

About Bizizz Market Research:

Bizizz Market Research (BMR) is a unique market research, consulting, and business solution organization that offers best strategic and tactical support to customers to enhance their business decision process. BMR team is full of impassioned & dedicated experts who thrives to give their very best to their clients and always ready to take any challenge.

Our expanding team of professionals & experts from a wide array of streams and vertical has critical problem solving skills, innovative approaches and research techniques to deliver best solution to our clients. We continuously pushing our capabilities to enhance our services and setting higher quality goals each day. BMR offers syndicated reports, custom reports and consulting services to our clients. We are capable of catering the market research demands of individuals and organizations of various industries across different geographies with utmost data accuracy in minimal turnaround time.

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