The industrial cleaning chemicals market is projected to reach USD 61.6 billion by 2026, at a CAGR of 5.1% from USD 48.1 billion in 2021. The overall growth of the industrial cleaning chemicals market is closely connected to the growth of end-use segments, such as manufacturing & commercial offices, healthcare, retail & food service, automobile & aerospace, hotels, and food processing & dairy industry, among others. Cleaning plays a very important role in the growth and performance of these industries. Healthcare, hospitality, and retail are the sectors where there is direct client interaction and, thus, these industries are focused on ensuring a clean environment. In the manufacturing, automotive, and food processing industries, better hygiene not only results in quality products, but is also safe for workers’ health.
The Surfactants is the largest ingredient type of industrial cleaning chemicals for industrial cleaning chemicals market in 2020 Surfactants are organic chemicals that change the properties of water by lowering the surface tension of water.Surfactants enable the cleaning solution to wet a surface (such as clothes, dishes, and countertops) more quickly, so the soil can be readily loosened and removed (usually with the aid of mechanical action).
Surfactants are the most widely used ingredient in every cleaning product. The demand for surfactants is very high due to their high performance in industrial cleaning products.
General cleaning & medical device cleaning is estimated to be the largest product type of industrial cleaning chemicals market between 2021 and 2026. General cleaners include cleaning chemicals used for floor care, hard surface care, carpet care, and cleaning of medical devices.They are used to clean and maintain basic hygiene at the workplace.
High demand from hospitals and other healthcare institutes is driving the market in medical device cleaning applications.
Healthcare is estimated to be the largest application of industrial cleaning chemicals market in 2020. The segment involves cleaning for preparation of surfaces for sterilization, cleaning of clothes, disinfecting, and cleaning of floor surfaces. The increasing demand for the elimination of hazardous air pollutants (HAPs), pathogens, and faster evaporation in medical device cleaning is driving the healthcare segment in industrial cleaning chemicals market.
North America is expected to be the largest industrial cleaning chemicals market during the forecast period, in terms of value.
North America is the largest market for industrial cleaning chemicals, followed by Asia Pacific and Western Europe.The strong awareness regarding hygiene and various cleanliness standards in the developed economies in the region is fueling the growth of the industrial cleaning chemicals market.
Asia Pacific was the second-largest market with a share of 31.4% in 2020. The massive industrial growth in the region has been fueling the growth of the industrial cleaning chemicals market for the past few years, and this is expected to continue over the next five years. Domestic and foreign investments in key sectors such as energy, manufacturing, and construction have been consistently growing over the past decade, which is expected to drive the industrial cleaning chemicals market. In the process of determining and verifying the market size for several segments and subsegments identified through secondary research, extensive primary interviews were conducted. A breakdown of the profiles of the primary interviewees are as follows: • By Company Type: Tier 1 - 45%, Tier 2 - 30%, and Tier 3 - 25% • By Designation: C-Level - 46%, Director Level - 25%, and Others - 29% • By Region: North America - 27%, Europe - 27%, APAC - 33%, South America - 7%, and Middle East & Africa - 6%,
The key market players profiled in the report include Diversey Holdings, Ltd. (US), Evonik Industries AG (Germany), BASF SE (Germany), Stepan Company (US), The Dow Chemical Company (US), Ecolab Inc. (US), Clariant AG (Switzerland), Solvay (Belgium), Pilot Chemical Corp. (US), DuPont De Numerous, Inc. (US), Novozyme (Denmark), National Chemical Laboratories, Inc. (US), Nyco Products Company (US), and Trans Gulf Industries (US).
Research Coverage This report segments the market for industrial cleaning chemicals on the basis of ingredient type, product type, application, and region, and provides estimations for the overall value and volume of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, new product launches, expansions, and mergers & acquisition associated with the market for industrial cleaning chemicals.
Reasons to buy this report This research report is focused on various levels of analysis — industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view on the competitive landscape; emerging and high-growth segments of the industrial cleaning chemicals market; high-growth regions; and market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers: • Market Penetration: Comprehensive information on industrial cleaning chemicals offered by top players in the global industrial cleaning chemicals market • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the industrial cleaning chemicals market • Market Development: Comprehensive information about lucrative emerging markets — the report analyzes the markets for industrial cleaning chemicals across regions • Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global industrial cleaning chemicals market • Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the industrial cleaning chemicals market • Impact of COVID-19 on industrial cleaning chemicals market
Our reports have been used by over 10K customers, including:
The 1-Decene market is estimated to grow from USD 576 million in 2020 to USD 798 million by 2025, at a CAGR of 6.7%. The 1-Decene market is driven mainly by increasing demand for PAO-based synthetic lubriacnts. However, growth of group III base oil and volatalile raw material prices are expected to restrain market growth. The automobile...
The 1-decanol market size is estimated to grow from USD 198 million in 2020 to USD 264 million by 2025, at a CAGR of 5.9%. Market penetration of natural 1-decanol has risen in surfactant-based industries, such as personal care & cosmetics and soaps & detergents. Due to the COVID-19 outbreak, there is increased awareness regarding the use of...
The chemical industry is the third largest in China, after textiles and machinery, and accounts for 10% of the country’s GDP, as well as for between 35% and 40% of the global demand growth for chemicals. China’s chemical industry is the second largest consumer, after the US, of basic chemical products - fully 45% of the total for Asia. However,...
“The high-growth application areas such as packaging, construction and automotive are driving the consumption of petrochemicals market “ The top 15 petrochemicals report is divided into three sub parts, basic petrochemicals, basic intermediate chemicals and basic polymers. The basic petrochemicals market was estimated at 2, 50,328.0...
Executive Summary A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global Third Party Chemical Distribution Market. The report has been analyzed By Type (Specialty, Commodity,...
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.