Industrial and Institutional Cleaning Chemicals are being used for the removal of dirt such as dust, stains, and clutter on surfaces, and also for treating bad odors. These are manufactured using numerous raw materials such as chlor- alkalis, surfactants, solvents, phosphates, biocides, and others. For instances,
Market Dynamics
Industrial and Institutional Cleaning Chemicals are the cleaning agents which are being used for the routine cleaning of offices, institutions, warehouses, and industrial facilities. The growth of the global industrial and institutional cleaning chemicals market would be majorly driven by the increasing awareness amongst the public towards health and hygiene and the increasing number of safety and environmental regulations as proposed by various governments.
The cleaning chemicals industry is also experiencing a strong demand owing to the inclination of industries and institutions toward eco-friendly and sustainable products. There is a strong demand for bio-based products and therefore, the companies are also focusing on the development of new and innovative bio-based industrial and institutional cleaning chemicals. For instance, Ecolab has established a new product line for bio-based hard surface cleaners. However, the introduction of stringent government regulations and environmental regulations is expected to restrain the growth of the market.
Key features of the study:
- This report provides in-depth analysis of the global Industrial and Institutional Cleaning Chemicals market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global Industrial and Institutional Cleaning Chemicals market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include BASF SE, AkzoNobel N.V., Henkel AG & Co.KGaA, Solvay SA, Huntsman Corporation, Eastman Chemical Company, Lonza Group Limited, Procter & Gamble Co., Croda International Plc., The Dow Chemical Company, Betco Corporation, Sealed Air Corporation, Ecolab Inc. among others.
- Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, technology up gradation, market expansion, and marketing tactics
- The global Industrial and Institutional Cleaning Chemicals market report caters to various stakeholders in this industry including investors, suppliers, sodium propionate manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the Industrial And Institutional Cleaning Chemicals Market
Detailed Segmentation:
- Global Industrial and Institutional Cleaning Chemicals Market, By Application:
- Industrial
- Building care chemicals
- Hand hygiene chemicals
- Other chemicals
- Commercial
- Kitchen care chemicals
- Building care chemicals
- Hand hygiene chemicals
- Laundry care chemicals
- Others
- Domestic
- Kitchen care chemicals
- Building care chemicals
- Hand hygiene chemicals
- Laundry care chemicals
- Others
- Global Industrial and Institutional Cleaning Chemicals Market, By Region:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
- Company Profiles
- BASF SE
- AkzoNobel N.V.
- Henkel AG & Co.KGaA
- Solvay SA
- Huntsman Corporation
- Eastman Chemical Company
- Lonza Group Limited
- Procter & Gamble Co.
- Croda International Plc.
- The Dow Chemical Company
- Betco Corporation
- Sealed Air Corporation
- Ecolab Inc.
