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Latin America Surface Disinfectant Market

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Latin America Surface Disinfectant Market size was around USD 42.04 million in 2016. It is expected to grow at a CAGR of 6.9% to reach USD 58.77 million by 2021
Latin America Surface Disinfectant Market Growth at CAGR of 6.9%,
2016-2021 - Latest Challenges and Trends
Latin America Surface Disinfectant Market size was around USD 42.04 million in 2016.
It is expected to grow at a CAGR of 6.9% to reach USD 58.77 million by 2021. It captures
8% 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.
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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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 Latin America 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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Market Segmentation
Type
Introduction
Quaternary Ammonium Compounds
Chlorhexidine Gluconate
Phenolic Compounds
Alcohols
Aldehydes
Other Surface Disinfectants
Y-o-Y Growth Analysis, By Type
Market Attractiveness Analysis, By Type
Market Share Analysis, By Type
Formulation
Introduction
Liquids
Wipes
Sprays
Y-o-Y Growth Analysis, By Formulation
Market Attractiveness Analysis, By Formulation
Market Share Analysis, By Formulation
Application
Introduction
In-House Applications
Instrument Disinfection
Other Applications
Y-o-Y Growth Analysis, By Application
Market Attractiveness Analysis, By Application
Market Share Analysis, By Application
End User
Introduction
Hospitals
Clinical Laboratories
Pharmaceutical Companies
Other End Users
Y-o-Y Growth Analysis, By End User
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Market Attractiveness Analysis, By End User
Market Share Analysis, By End User
On the basis of geography, the Latin America surface disinfectants market is segmented
into Brazil, Chile, Argentina and others. It is second to last in terms of market share. Brazil
is the leading player in the region.
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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.
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Bhargav
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