Market Insights
The industrial cleaning chemicals market is likely to rebound at a promising CAGR of 5.1% in the long run from 2023-2028.
Industrial cleaning chemicals are used in a wide range of industries, including manufacturing, food processing, healthcare, hospitality, automotive, and transportation. They are employed to clean and sanitize surfaces, machinery, tools, and equipment, ensuring a safe and hygienic working environment.
The market for industrial cleaning chemicals is driven by the need for efficient and effective cleaning solutions to maintain productivity, adhere to regulatory standards, and promote worker safety. These chemicals are typically formulated with powerful cleaning agents, detergents, solvents, and disinfectants, depending on the specific cleaning requirements of different industries and applications.
Recent Product Developments:
- In December 2022, Clariant AG announced an expansion of its business through new investments to enhance the Chinese ethoxylation plant.
- In November 2022, BASF SE has announced a collaboration with Inditex to develop the first detergent designed to reduce microfiber release from textile from washing.
Segment Analysis
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Segmentations
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List of Sub-Segments
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Dominant and Fastest-Growing Segments
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Ingredient-Type Analysis
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Surfactants, Solvents, Chelating Agents, PH Regulators, Solubilizers/Hydrotropes, Enzymes, and Others
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Surfactants are anticipated to remain the biggest demand generator in the years to come.
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Product-Type Analysis
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General & Medical Cleaning, Metal Cleaners, Disinfectants, Commercial Laundry, Dish Washing, Oven & Grill Cleaners, Food Cleaners, and Dairy Cleaners
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General & Medical Device Cleaning segment is anticipated to dominate the market owing to the extensive usage in the sanitary wares, cleaning of floors, medical equipment.
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Application-Type Analysis
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Manufacturing & Commercial Offices, Healthcare, Retail & Food Service, Hospitality, Automotive & Aerospace, Food Processing, and Others
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Healthcare segment is estimated to remain the largest segment the market due to increasing demand in the usage of industrial cleaning chemicals market.
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Regional Analysis
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North America, Europe, Asia-Pacific, and The Rest of the World
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North America is expected to remain the largest market over the next five years, whereas Asia-Pacific is likely to grow at the fastest rate.
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Ingredient Trends
The industrial cleaning chemicals market is segmented into surfactants, solvents, chelating agents, ph regulators, solubilizers/hydrotropes, enzymes, and others. Surfactants is expected to remain the largest in the market during the forecast period. Organic molecules called surfactants reduce the surface tension of water, altering its properties. Surfactants enable the industrial cleaning solution to moisten a surface, such as clothing, dishes, and counters, more quickly, making it easier for the soil to be unfastened and removed mechanically.
The most widely used chemical, surfactants, are found in every washing product. Due to their outstanding efficacy in industrial cleaning products, surfactants are in high demand.
Regional Analysis
North America is expected to remain the largest market for industrial cleaning chemicals during the forecast period. Due to the presence of important players, the region's heavy industries' high discretionary income, and their strong emphasis on research and development, they are looking for industrial chemicals to ensure the efficient operation of their manufacturing facilities. Manufacturers of equipment and other equipment are these sectors' principal clients.
Asia Pacific is also likely to create sizeable opportunities in the coming five years, and the industrial and automotive industries are seeing rising demand. Due to the low cost of labor, simple access to raw materials, growing usage of modern technology inventions, and the accessibility of cheap land, the region has further developed into a hub for foreign investments and thriving industrial sectors.
The industrial cleaning chemicals market is segmented into the following categories:
By Ingredient Type
- Surfactants (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Solvents (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Chelating Agents (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- pH Regulators (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Solubilizers/Hydrotropes (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Enzymes (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
By Product Type
- General & Medical Cleaning (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Metal Cleaners (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Dish Washing (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Oven & Grill Cleaners (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Disinfectants (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Food Cleaners (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Dairy Cleaners (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
By Application Type
- Manufacturing & Commercial Offices (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Healthcare (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Retail & Food Service (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Hospitality (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Automotive & Aerospace (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Food Processing (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
By Region
- North America (Country Analysis: The USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, The UK, Russia, and The Rest of Europe)
- Asia-Pacific (Country Analysis: Japan, China, India, and the Rest of Asia-Pacific)
- Rest of the World (Country Analysis: Brazil, Argentina, and Others)
Key Players
The market is highly populated, with the presence of several local, regional, and global players. Most of the major players compete on some of the governing factors, including price, product offerings, regional presence, etc. The following are the key players in the industrial cleaning chemicals market:
- Basf SE
- DOW Inc.
- Clariant AG
- Evonik Industries AG
- Solvay SA
Research Methodology
This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s industrial cleaning chemicals market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.
The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis.
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
- Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
- COVID-19 impact and its recovery curve.
- Attractive market segments and associated growth opportunities.
- Emerging trends.
- Strategic growth opportunities for existing and new players.
- Key success factors.
Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to three players)
- SWOT analysis of key players (up to three players)
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
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