Surface Disinfectant Market size shall reach a value of $2500 Million in 2027, growing with a CAGR of 7.6% during the forecast period of 2020 to 2027.

An overview:
In the era of revolutionizing scientific discoveries, a life without exploiting the harvest of these academic efforts would be completely unimaginable. The future of humanity is conditioned by its ability to put science at its disposal, we manipulate matter and nature to make them respond to our needs, and that is the very idea that gave birth to chemicals exploitation to a point that it exceeded the boundaries of industry to the very hearts of our homes. Chemicals are now a part of our day-to-day life, their presence is crucial to some fields more than others but their disinfecting and cleansing properties avail tremendously in the maintain of hygiene in the domestic and medical context. Among the highly used cleansing chemicals are surface disinfectants. Disinfectant chemicals are commonly used to disinfect and clean the surfaces, a step that cannot be bypassed in the upkeep of cleanliness in various pharmaceutical manufacturing settings. They work on preventing any type of contamination caused by micro-organisms such as bacteria, viruses, and germs in general, so as to ensure a normal and smooth process of manufacturing.
Surface disinfectant chemicals are mainly used to stop and prevent any microbial or viral cross-contamination that can be transmitted through surfaces in hospitals, or any other healthcare establishments (laboratories, pharmaceutical factories, patient areas, biological research laboratories, etc). However, these disinfectants are also present within the household as domestic cleaning products used to maintain the cleanliness of counters, walls/floors, and other tools and instruments in the medical setting. 
The key factors supporting the growth of surface disinfectant chemicals market:
In the last few years, a set of strict rules has been established concerning hospitals and healthcare institutions in general, the main rules are related to the maintain of an admissible level of hygiene and cleanliness in the different facilities of these institutions. The recent global viral outbreaks were the catalyst of this swift preoccupation that shed enough light on the constant need in terms of disinfectants and cleaning products, on top of which are surface disinfectant chemicals. The demand in terms of these disinfectants has grown drastically along the high growth of the healthcare expenditures, not only making them increase in supply but also in importance within medical and domestic settings.  
From a scientific point of view, the growth of the market of surface disinfectant chemicals can be justified by the increasing fears of any sort of hospital-acquired infections (HAIs), which can be defined as infections that can occur during a patient’s hospitalization or consultation in a medical facility, this transmission can happen on the surgical site, during a blood transfusion or could be ventilator-associated. Those infections can vary in danger depending on the patient’s immune system, and the typology of the pathogen in question (Escherichia coli, Staphylococcus aureus, Klebsiella, etc),a s well as the contamination channel that is most commonly coming in contact with an infected surface. Therefore, the only solution that seemed to avail in preventing these HAIs is the continuous and regulated use of surface disinfectant chemicals, this practice showed overtime a drastic decrease in incidence rates of these infections, only to make the surface disinfectant chemicals thrive in revenues and demand and make its own place in the global market of chemicals. 
The study of the market situation:
The market size:
The growing demand on the surface disinfectant chemicals from various healthcare and pharmaceutical institutions generated a volume supply of 1 849 548 tons in the year 2017 and is expected to increase statistically to 2 752 610 tons by the year 2027, harvesting respectively a market revenue of USD 2.8 billion in 2017 and USD 4 billion in 2027 which is an estimated CAGR of 4.4% in the abovementioned period.
The market share:
Being a somewhat emerging market, the surface disinfectant chemicals market is still subjected to a low penetration rate, consequentially being under the monopolization of some major lead players, that create an exclusive competitive landscape between each other and regulate the entirety of the market in question, we can name among these mass manufacturers, STERIS corporation, Cantel Medical Corp, Crystel, Pal International, Sealed Air, Veltek Associates, Whiteley, Reckitt Benckinser, Metrex, 3M, Kimbery-Clark, Lionser, Johnson & Johnson, Ecolab and Gojo Industries, Inc. 
The market segmentation:
The study of this segmentation has to be carried out on multiple layers to be fully apprehended, the surface disinfectant chemicals can be discerned on the basis or various criteria, namely by the chemical composition, the geographical distribution, the formulation and the end-user.
i.    Segmentation based on the chemical composition:
  We can distinguish between six subtypes of the main components:
•    Phenolic Compounds.
•    Quaternary Ammonium Compounds
•    Alcohols and Aldehydes
•    Oxidizing Agents
•    Halogens 
•    Peracetic Acid 
Quartenary Ammonium compounds segment generated revenue of USD 1 billion in the year 2017, and is expected to increase in the market value to reach USD 1.9 billion by the end of the year 2027, be it a CAGR of 4.6%. This segment is the one that contributes the most to the market of the surface disinfectant chemicals and is anticipated to keep taking the lead in the years to come over the other segments. Halogens represent the second segment in terms of market value classification, as it generated revenue of USD 567 million in 2017 and is expected to rise significantly in the volume and value of its revenue in the upcoming years as to make a CAGR of 4.6% in the abovementioned period. The peracetic acid segment is also anticipated to register a high market value in the near future, although being mainly used in the food market, but the recent studies about its bio-friendly and economical properties made it rise in the scale of surface disinfectants chemicals market.
ii.    Segmentation based on the geographical distribution: 
North America retains the most important share in the market of surface disinfectant chemicals, due to its high demands after the rising awareness of the importance of hygiene within the healthcare institutions and the prevention of HAIs. North America has taken the lead in implementing these guidelines related to disinfection and sterilization which led into a more developed health system, consequentially requesting and producing more disinfectants.
The APAC region is stimulated by its growing population rates and its impressive economic accomplishments to create a direct concurrence with the North American market, as the APAC region is anticipated to generate the fastest growing revenue in the upcoming years, and possibly overthrowing its competitor over the throne of the biggest share. All justified by the rising awareness of consumers and competitors concerning the upkeep of hygiene, even in the developing economies in the MEA region that are expected to create and demand more supplies in the segment of surface disinfectant chemicals. 
iii.    Segmentation based on the products formulation:
The surface disinfectant chemicals come in various forms, namely wipes, sprays, liquids and powders, each with the same functionality but different efficiency and properties. The liquids segment retains the largest share in the global market and is also the fastest growing in terms of revenue and production volume. However, the wipes segment is also anticipated to make a high CAGR in the upcoming period, due to all the advantages it has to offer as the most efficient towards the prevention of the transmission of HAIs and cross-contamination and its handiness with the disinfection of medicals tools and instruments, the use of wipes is being globally promoted after being restricted to the developed economies, as to widen their benefits worldwide.
iv.    Segmentation based on the end-user:
The surface disinfectant chemicals come all the way from their manufacturers to join two potential routes, the first one leads to a medical use, which is the most common one and the channel most in need of those chemicals as to keep the contaminations and infections under control in the healthcare institutions. The second route leads to households and domestic settings in which the surface disinfectants are also highly needed to maintain a good level of cleanliness and hygiene.
The market forecast:
The market of surface disinfectant chemicals is anticipated to rise in importance, in revenue and in production volume, especially in the current circumstances of the Covid-19 pandemic, with which the demand of such chemicals is solicited in both the medical and domestic context, to the point that it becomes crucial, a death or life matter even. After this outbreak, the need for these products will subside to a certain extent but it will definitely rise significantly in comparison with the pre-pandemic situation. 
On another note, the market will be knowing a set of new trends and dynamics that will revolutionize the segment of surface disinfectant chemicals, namely the introduction of new technological substitutes such as the No-touch decontamination, the Aerosol, vaporized hydrogen peroxide, and even the UV disinfection system along with many other innovating approaches, this along the constant search for more bio-friendly and green alternatives that are expected to rise in demand and revenue as a substitute for the currently commercialized chemicals with toxic properties, manufacturers are already developing these innovations such as the neutral quaternary, and the alcohol free Versa-sure cleaner disinfectant wipes.