Surface Disinfectant Market Leadership


Posted July 13, 2020 by Shekhart

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.

 
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.

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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.
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.
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.

360QUADRANTS SCORING METHODOLOGY
Top companiesin the Surface Disinfectant market will be rated using the following methodology -
1. A highly experienced team of researchers and senior analysts conduct extensive research to generate a list of vendors (competitors).
2. A patent-pending algorithm is used to collect inputs from key stakeholders—industry experts, buyers, vendors, and 360Quadrants analysts—based on criteria for Product Maturity and Company Maturity.
a. Criteria under Product Maturity include breadth and depth of product/service offering, product features and functionalities, product differentiation,and their impact on customer value.
b. Criteria under Company Maturity include geographical footprint, partner ecosystem, financial stability, and client coverage or sector footprint.
3. 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.
4. 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:
a. Buyers
b. Industry Experts
c. 360Quadrants Analysts
d. Vendors (Competitors)
5. The inputs are analyzed, and a final rating is assigned to each vendor (competitor).
6. 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.
360Quadrants will also be launching quadrants in fields such as Digital Transformation Software, Cloud Computing Software, and Access Control Software.

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https://www.360quadrants.com/quadrant-report/surface-disinfectant/buy-now?reporttype=single_user_price
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Contact Email [email protected]
Issued By Shekhar Tekade
Phone 08999037616
Business Address Pune
Country India
Categories Technology
Last Updated July 13, 2020