Canada Surface Disinfectant Market Size, Share, and COVID-19 Impact Analysis, By Type (Aerosol, Gel, Liquid, and Wipe), By Composition (Alcohols, Chlorine Compounds, Quaternary Ammonium Compounds, Hydrogen Peroxide, Peracetic Acid, and Others), By Application (Residential, Commercial, Health Care Facilities, and Others), and Canada Surface Disinfectant Market Insights, Industry Trend, Forecasts to 2033
Industry: Chemicals & MaterialsCanada Surface Disinfectant Market Insights Forecasts to 2033
- The Canada Surface Disinfectant Market Size was valued at USD 340.5 Million in 2023.
- The Market is growing at a CAGR of 7.33% from 2023 to 2033
- The Canada Surface Disinfectant Market Size is expected to reach USD 690.5 Million by 2033
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The Canada Surface Disinfectant Market is anticipated to exceed USD 690.5 Million by 2033, growing at a CAGR of 7.33% from 2023 to 2033. The increasing hygiene awareness, prevalence of hospital-acquired infections (HAIs), and advancements in disinfectant technologies are driving the growth of the surface disinfectant market in the Canada.
Market Overview
Surface disinfectant is used for disinfecting the surface in order to inactivate pathogens on inanimate surfaces and prevent the spread of bacteria from person to person or object to object. Strong disinfectants that can efficiently neutralize microorganisms are in high demand. Regulations highlight the need for reliable disinfection solutions, particularly in industries like healthcare and food processing. Additionally, technological developments that improve product effectiveness and consumer ease are crucial for market expansion. There is surging inclination toward the use of biodegradable surface disinfectants to reduce toxicity connected to chemicals. The heightened awareness of surface contamination and preference for eco-friendly decontamination methods are contributing to an upsurge in the market growth opportunity.
Report Coverage
This research report categorizes the market for the Canada surface disinfectant market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Canada surface disinfectant market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Canada surface disinfectant market.
Canada Surface Disinfectant Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 340.5 Million |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 7.33% |
2033 Value Projection: | USD 690.5 Million |
Historical Data for: | 2019-2022 |
No. of Pages: | 180 |
Tables, Charts & Figures: | 86 |
Segments covered: | By Type, By Composition, By Application and COVID-19 Impact Analysis |
Companies covered:: | 3M Canada, Grainger Canada, OrthoCanada, Maxill, Thymox, Asian Paints Viprotek and others key players. |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
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Driving Factors
The increasing hygiene awareness and growing healthcare infrastructure with the help of government investment in the country drive the market. One of the most frequent adverse outcomes that patients encounter in acute care settings is healthcare-associated infection (HAI). The increasing cases of HAI owing to longer hospital stays and rising morbidity are responsible for driving market demand for surface disinfectant. Further, the advancements in disinfectant including improved hydrogen peroxide-based liquid surface disinfectants and a combination product containing peracetic acid and hydrogen peroxide that are widely used in hospitals are driving the market expansion.
Restraining Factors
The adverse effects associated with chemical disinfectants are challenging the surface disinfectant market. Further, the lack of awareness about the approval process of innovations is restraining the market growth.
Market Segmentation
The Canada Surface Disinfectant Market share is classified into type, composition, and application.
- The liquid segment dominated the market with the largest market share during the forecast period.
The Canada surface disinfectant market is segmented by type into aerosol, gel, liquid, and wipe. Among these, the liquid segment dominated the market with the largest market share during the forecast period. The widespread application of liquid surface disinfectants in restaurants, hospitals, malls, and household usage including kitchen fixtures, glazed ceramic tile, windows, plastics, exterior surfaces of applications, vinyl, and glass are driving the market expansion.
- The alcohols segment accounted for the largest market share during the forecast period.
The Canada surface disinfectant market is segmented by composition into alcohols, chlorine compounds, quaternary ammonium compounds, hydrogen peroxide, peracetic acid, and others. Among these, the alcohols segment accounted for the largest market share during the forecast period. The Environmental Protection Agency (EPA) and the Centers for Disease Control and Prevention (CDC) have certified the use of alcohol-based disinfectants as a safe and effective disinfectant class for use in hospitals and clinics.
- The health care facilities segment dominated the Canada surface disinfectant market with the largest market share during the forecast period.
Based on the application, the Canada surface disinfectant market is divided into residential, commercial, health care facilities, and others. Among these, the health care facilities segment dominated the Canada surface disinfectant market with the largest market share during the forecast period. The increasing prevalence of hospital-acquired infections and the use of disinfectant for decontaminating walls, floors, bathrooms, and instrument in healthcare are the factors driving the market.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the Canada surface disinfectant market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- 3M Canada
- Grainger Canada
- OrthoCanada
- Maxill
- Thymox
- Asian Paints Viprotek
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at Canada, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Canada Surface Disinfectant Market based on the below-mentioned segments:
Canada Surface Disinfectant Market, By Type
- Aerosol
- Gel
- Liquid
- Wipe
Canada Surface Disinfectant Market, By Composition
- Alcohols
- Chlorine Compounds
- Quaternary Ammonium Compounds
- Hydrogen Peroxide
- Peracetic Acid
- Others
Canada Surface Disinfectant Market, By Application
- Residential
- Commercial
- Health Care Facilities
- Others
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