Asia Pacific Surface Disinfectant Market is Expected to Increase from $131.31 Million in 2016 to $201.21 Million in 2021


Posted January 23, 2018 by Bhargav2

Asia Pacific Surface Disinfectant Market size was around USD 131.38 million in 2016. It is expected to grow at a CAGR of 8.9% to reach USD 201.21 million by 2021
 
Asia Pacific Surface Disinfectant Market size was around USD 131.38 million in 2016. It is expected to grow at a CAGR of 8.9% to reach USD 201.21 million by 2021. It captures 25% of the global market.
Chemical substances which are applied to non-living objects and on floor surfaces for the purpose of destroying microorganisms are called disinfectants. The primary use of disinfectants is to prevent infectious diseases. Surfaces are designated as noncritical items as they contact intact skin. The usage of noncritical items or contact with noncritical surfaces has low risk of causing an infection in humans. Surface should be clean in clinics, hospital and Ambulatory surgical centres since there is greater probability of an infection spreading among patients and staff.
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Surface disinfectant place a major role in preventing infection. The main driver of Surface disinfectant is its use. Raising the prevalence rate of infectious disease worldwide fuels the surface disinfectant market. Developed economies and emerging economies play a major role in surface disinfectant market. Mentorship from International organizations such as World Health Organization (WHO), Center for Disease Control and Prevention (CDCP) and International Federation of Infection Control (IFIC) to prevent infectious diseases also aids in the market growth. Increasing awareness regarding the use of surface disinfectants is also one of the driver for this market.
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Market Segmentation
Type
Introduction
Quaternary Ammonium Compounds
Chlorhexidine Gluconate
Phenolic Compounds
Alcohols
Aldehydes
Other Surface Disinfectants

Formulation
Introduction
Liquids
Wipes
Sprays

Application
Introduction
In-House Applications
Instrument Disinfection
Other Applications

End User
Introduction
Hospitals
Clinical Laboratories
Pharmaceutical Companies
Other End Users


In spite of that, while using disinfectants precautions are necessary and the disinfectant in use must be approved by government organization such as Environmental Protection Agency (EPA). Regulatory procedures in these organizations make product launch of new products very difficult.
The Asia Pacific surface disinfectants market is segmented on the basis of type, formulation, application, and end user. If we go by type, the market is segmented into quaternary ammonium compounds, chlorhexidine gluconate, phenolic compounds, alcohols, aldehydes, and other surface disinfectants. The quaternary ammonium compounds category is estimated to command the largest share of the market in 2016. The growth in this category is majorly because of the widespread availability and greater consumption of surface disinfectants in hospitals. On the basis of formulation, the surface disinfectant market is categorized into liquids, wipes, and sprays. In 2016, the liquids category commanded the largest share of the market. Factors for example, the increasing demand for the disinfection of hospital areas and the wide adaptability of these formulations are projected to drive the growth of this market segment.
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On the basis of geography, the Asia Pacific surface disinfectants market is segmented into India, China, Japan, Korea and others. The Asian region is likely to witness the highest growth during the aforementioned forecast period. The presence of developing countries like China and India, large population, rise in the number of hospitals, and growing awareness about infection control in the region are few of the primary factors driving the high growth of this regional segment.
3M Company (U.S.), Procter & Gamble (U.S.), Reckitt Benckiser Group plc. (U.K.), The Clorox Company (U.S.), Sealed Air Corporation (U.S.). Steris Corporation (U.S.), Cantel Medical Corporation (U.S.), Johnson & Johnson (U.S.), and Ecolab (U.S.) are the top players in this market.

Scope of the Report:
• Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms of formulation, application, type and end user along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the asia pacific market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

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Issued By Bhargav
Country India
Categories Business , Marketing , Publishing
Tags asia pacific surface disinfectant market , surface disinfectant market
Last Updated January 23, 2018