A recent report ongoing study by
Infinium Global Research on the surface disinfectant market provides in-depth
analysis of segments and sub-segments in the BRICS as well as the regional surface
disinfectant market. The study also highlights the impact of drivers,
restraints, and macro indicators on the BRICS and regional surface disinfectant
market over the short term as well as long term. The report is a comprehensive
presentation of trends, forecast and dollar values of the BRICS surface
disinfectant market. According to the report, the BRICS surface disinfectant
market is projected to grow at a significant CAGR over the forecast period of
2022-2028.
A surface disinfectant in its liquid form has been found to be highly utilized because of its easy availability, affordable pricing, and easy use. Wipes and sprays have emerged as the next most preferable choice. Disinfectants are generally known for various antimicrobial agents like antibiotics, which destroy antiseptics and microorganisms within the body. It also destroys microorganisms on living tissue. Disinfectants also are different from biocides—the latter are intended to destroy all types of life, not just microorganisms. Disinfectants work by destroying the cytomembrane of microbes or interfering with their metabolism. It's also a type of decontamination and may be defined as a process whereby physical or chemical methods are utilized to reduce the number of pathogenic microorganisms on a surface.
The growth of the market is
attributed to the rising scope of wide use in the healthcare sector. The
increase in the government efforts by investing a copious amount in building
public hospitals simultaneously increases the use of surface disinfectant
solutions to minimize the transmission of the disease is expected to enhance
the growth of the BRICS surface disinfectant market during the forecast period.
Moreover, the residential sector is expected to shape the market landscape
owing to rising use with the need to maintain surface infection-free and promote
children's good health and is expected to spur the growth of the BRICS surface
disinfectant market in the coming years. Emerging economies within the BRIC
region present lucrative investment opportunities for multinational infection
control companies to offshore their business operations to the markets.
However, the Rising number of adverse effects of chemical disinfectants will
hamper the expansion of the market during the forecast period.
The outbreak of COVID-19 increased
the requirement for surface disinfection and cleaning practices significantly.
Since the outbreak in 2020, the virus spread very quickly to all or any parts
of the globe, infecting millions. All the possible measures were taken to
prevent the spread of the deadly virus, which includes disinfection and
cleaning of various surfaces. This drastically increased the demand for surface
disinfectants during the pandemic. Increasing cases of COVID-19 and zoom within
the healthcare sector across various countries such as India and China have led
to increasing demand for high-quality surface disinfectant products. Because of
the high population in India and China, the demand for the surface disinfectant
is high which propelled the expansion of the market during the covid-19
pandemic within the forecast period.
In terms of region, the BRICS surface
disinfectant market is segmented into Brazil, Russia, India, China, and South
Africa. India. China holds the biggest market share during the forecast period.
In China, health, and hygiene-related awareness, and increased healthcare
spending will propel the expansion of the region. Rising health and hygiene
awareness among the consumers amidst the COVID-19 pandemic together with an
increasing number of patients with infectious diseases are the key factors
attributing to the business growth in China. Increasing health consciousness
and preventing the spread of the civil-19 virus has enhanced the employment of
surface disinfectants within Brazil and Russia. India and China countries are
expected to dominate the market in the BRICS region. Furthermore, the
increasing presence of major market players and rising development in advanced
healthcare infrastructure will propel the expansion of India and China during
the forecast period.
The report on the BRICS surface
disinfectant market covers segments such as composition, end-user, and
distribution channel. On the basis of composition, the sub-markets include
hypochlorite, alcohols, aldehydes, and peroxide. On the basis of end-user, the
sub-markets include healthcare, hospitality, food & beverage, and
residential. On the basis of distribution channel, the sub-markets include
online, and offline.
The report provides profiles of
the companies in the market such as Proctor & Gamble, 3M India Limited,
Henkel Adhesives Technologies India Private Limited, The Clorox Company,
Reckitt Benckiser Group, Cantel Medical, Kimberly-Clark Professional, ITC
Limited, CavinKare Pvt. Ltd., and N. Ranga Rao and Sons Pvt. Ltd.
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of the BRICS surface disinfectant market. Moreover, the study highlights current
market trends and provides forecast from 2022-2028. We also have highlighted
future trends in the market that will affect the demand during the forecast
period. Moreover, the competitive analysis given in each regional market brings
an insight into the market share of the leading players.
Please Choose One of them.