Surface Disinfectant Market - Global Industry Size, Growth, Analysis, Outlook and Market Forecast to 2022 : Brisk Insights

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Date Submitted: 09/13/2016 04:05 AM

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According to a recently published report, the global Surface Disinfectant Market has been expected to grow at the CAGR of 12% during 2016-2022 and it has been estimated to generate the revenue of $564 million by 2022. The global surface disinfectant market is segmented on the basis of formulation, products and geography. The report on global surface disinfectant market forecast 2016-2022 (by formulation, products and geography) provides detailed overview and predictive analysis of the market.

Detailed study on this Report:

The global surface disinfectant market has been expected to grow exponentially due to increasing applications in the healthcare sector. Rising demand for better hygiene, cleanliness, growing instances of chronic diseases and growing expenditure on healthcare are the major drivers for the adoption of surface disinfectants. Surface disinfectants are widely used in the healthcare industry for cleaning and maintaining hygiene of the hospitals. They are also used at home, offices, factories etc. for cleaning and hygiene with the rising awareness about cleanliness. There is an exponential increase in the number of surgical procedures due to growing geriatric population and rising expenditure in healthcare. Growing disposable income in developing countries like India, China and Malaysia and federal initiatives in these countries has led to more healthcare expenditure. Increasing disposable income coupled with the rising concern regarding the child health is significantly injecting the home disinfectants demand positively. Several infectious diseases outbreak such as influenza, chikungunya and ebola has been anticipated to fuel the surface disinfectant demand in the upcoming years. These all the factors are driving the surface disinfectant market globally. Moreover, rising demand from emerging economies and the untapped emerging markets are the key opportunities that has been expected...