(PharmaNewsWire.Com, February 16, 2018 ) 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.
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.
• 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 • 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.
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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