Surface Disinfectant Market Leadership

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Surface Disinfectant Market Leadership The global
Surface Disinfectant market is projected to reach
USD 1,251.6 million by 2024 from USD 836.7
million in 2019, at a CAGR of 8.4 from 2019 to
2024. The growth of this market is majorly
driven by the presence of stringent regulations
governing their application and usage.
Technological advancements in disinfectant types
and techniques have also ensured overall demand
among end users. The growth of the end-user base
for disinfectants in emerging nations are
expected to offer significant opportunities for
companies in this market in the coming years.
However, the development of alternatives to
surface disinfectants, although currently
expensive, may challenge market growth post
their commercialization. In 2019, the global
Surface Disinfectant Leaders was dominated by 3M
Company, Cantel Medical Corporation, Procter
Gamble, Reckitt Benckiser Group plc., The Clorox
Company, Ecolab, and Diversey Inc. A few of the
major strategies adopted by these players to
compete in the market include product launches,
partnerships, and agreements which were
undertaken between 2018 and May 2020. There were
also a significant number of mergers
acquisitions during this period.
SURFACE DISINFECTANT 360QUADRANTS
CATEGORIZATION 30 companies offering Surface
Disinfectant Market were analyzed,out of which
top 20 companies were shortlisted and
categorized on a quadrant under Visionary
Leaders, Innovators, Dynamic Differentiators,
and Emerging Leaders. 3M Company, Cantel Medical
Corporation, Procter Gamble, Reckitt Benckiser
Group plc., The Clorox Company, Ecolab, and
Diversey Inc. have been identified as visionary
leaders as they have established product
portfolios and a robust market presence and
business strategies. Get Sample PDF (including
COVID19 Impact Analysis) of Market Report
_at_ https//www.360quadrants.com/quadrant-report/sur
face-disinfectant/buy- now?reporttypesingle_user
_price Innovators are vendors that have
demonstrated substantial product innovations as
compared to their competitors. They have strong
product portfolios however, they do not have
strong business strategies for their overall
businesses. Steris Corporation, Whiteley
Corporation, Cetylite Industries, Inc., Metrex
Research Corporation, Contec Inc., and PDI
Healthcare have been identified as
innovators. Players considered as dynamic
differentiators are established vendors with very
strong business strategies. However, they
provide limited offerings and are less
innovative. They focus on a specific type
related to the product. The dynamic
differentiators of this market are GOJO
Industries, HARTMANN Group, Microgen Inc.,
Tristel Solutions Ltd., and Johnson Johnson.
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CarrollCLEAN, Pal International LTD., BHC, Inc.,
Micro- Scientific, Central Solutions, Inc., PURE
Bioscience, Inc., and Biotrol. These companies
have been identified as emerging companies as
they have niche product offeringsand business
strategies which help them in growing
consistently.
The top Surface Disinfectant Competitive
evaluation 3M is one of the best surface
disinfectant manufacturer It majorly focuses on
innovations and product launches to sustain its
leading position in the market. The company
recently launched a 3M Curos Stopper
Disinfecting Cap to protect the intraluminal
vascular access points from contamination. The
company offers a wide range of products, which
include 3M Surface Disinfectant Wipe and 3M
Glutarex. The long-term presence of the company
in the market with its significant presence
across major countries provides it with an
additional edge over its competitors. The
company also focuses on acquisitions to enhance
its presence in the market. 3M acquired Ivera
Medical Corporation (US) to strengthen its
surface disinfectants portfolio. Cantel Medical
is one of the leading manufacturers in the
surface disinfectants market. It offers Actril
Cold Sterilant and Minncare Cold Sterilant
disinfectant products. The company offers its
products in more than 100 countries. Cantel
adopts inorganic growth strategies in order to
sustain its leadership in the surface
disinfectants market. The company recently
acquired Diploma Canadas endoscope reprocessing
business assets, which is expected to help in its
direct sales operations in Canada. The company
expanded its presence in the Asia Pacific region
by opening its direct sales office in
Australia. The Clorox Company focuses on organic
strategies, such as innovations and product
launches to increase its share in the top
surface disinfectants companies. Recently, the
company launched its Fuzion Cleaner
Disinfectant, CLOROX Healthcare Hydrogen Peroxide
Cleaner Disinfectants, and Optimum-UV Systems.
The company provides brands such as CLOROX
healthcare bleach germicidal wipes, CLOROX
healthcare bleach germicidal cleaners, and CLOROX
Scentiva disinfecting wipes to further enhance
its share in the market. With the shift towards
the use of hydrogen peroxide and per acetic
acid-based formulations along with the increasing
adoption of disinfectant wipes, the company is
well-positioned to emerge as one of the leaders
in the surface disinfectants market during the
forecast period. This is observed through its
range of new products based on wipes and
hydrogen peroxide formulations.
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360QUADRANTS SCORING METHODOLOGY
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• Top companiesin the Surface Disinfectant market
  will be rated using the following methodology -
• A highly experienced team of researchers and
  senior analysts conduct extensive research to
  generate a list of vendors (competitors).
• A patent-pending algorithm is used to collect
  inputs from key stakeholdersindustry experts,
• buyers, vendors, and 360Quadrants analystsbased
  on criteria for Product Maturity and Company
  Maturity.
• Criteria under Product Maturity include breadth
  and depth of product/service offering,
• product features and functionalities, product
  differentiation,and their impact on customer
  value.
• Criteria under Company Maturity include
  geographical footprint, partner ecosystem,
  financial stability, and client coverage or
  sector footprint.
• Approximately 30 in-depth parameters will be
  considered for research for the Surface
• Disinfectant market. These parameters will be
  updated every sixmonths to ensure latest
  developments are taken into consideration.
• A weight is assigned to each stakeholder based on
  information gathered pertaining to the
• above criteria as well as inputs from
  stakeholders. These inputs follow the order of
  priority given below
• Buyers
• Industry Experts
• 360Quadrants Analysts
• Vendors (Competitors)
• The inputs are analyzed, and a final rating is
  assigned to each vendor (competitor).
• After the finalization of ratings, each vendor is
  placed in the most relevant quadrant based on
  their score.
• ABOUT 360QUADRANTS
• 360Quadrants is the largest marketplace looking
  to disrupt USD 6.3 trillion of technology spend
  and is the only rating platform for vendors in
  the technology space. The platform provides users
  access to unbiased information that helps them
  make qualified business decisions. The platform
  facilitates deeper insights using direct
  engagement with 650 industry experts and
  analysts and allows buyers to discuss their
  requirements with 7,500 vendors. Companies are
  able to win ideal new customers, customize their
  quadrants, decide key parameters, and position
  themselves strategically in a niche space, to be
  consumed by giants and start-ups alike. Experts
  are able to grow their brand and increase their
  thought leadership. The platform targets the
  building of a social network that links industry
  experts with companies worldwide. The platform
  has around 400 buyers across various markets.

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