The global industrial and institutional cleaning chemicals market is projected to grow at a modest CAGR of 6.9% during the forecast period. The increasing use of industrial cleaning chemicals in the refining & petrochemical and power generation industries is driving the market growth. Manufacturing & commercial offices, healthcare, retail & food service, vehicle & aerospace, hotels, and food processing & dairy sector, among other end-use groups, all contribute to the overall growth of the industrial and institutional cleaning chemicals market. Cleaning is critical to these industries’ growth and performance. North America, Asia Pacific, and Western Europe are the main markets for industrial cleaning chemicals. The industrial and institutional cleaning chemicals market is growing due to a great awareness of hygiene and numerous cleanliness regulations in the region’s developed economies.
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Almost every industry across the globe has been affected by the COVID-19 pandemic. Disruptions in the global supply chain are projected to have a mild impact on the industrial and institutional cleaning chemicals market. Manufacturing and business offices, as well as healthcare facilities, are extremely important to the market. China is a major exporter and producer of industrial goods. Industrial activity in the country was hampered by strict lockdowns in the country’s major provinces. The emergence of COVID-19 caused a major drop in demand for industrial cleaning products in the first quarter of 2020. China is one of the world’s leading manufacturers of industrial cleaning chemicals. However, the country’s production of industrial cleaning chemicals was boosted by the necessity for cleaning operations and increasing retail and food product manufacture.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Industrial and Institutional Cleaning Chemicals Market by Raw Material
- Chlor-alkali
- Surfactants
- Solvents
- Phosphates
- Biocides
- Others
Global Industrial and Institutional Cleaning Chemicals Market by Product Type
- General Purpose Cleaners
- Disinfectants and Sanitizers
- Laundry Care Products
- Vehicle Wash Products
Regional Analysis
- North America
- US
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- 3M Co.
- Akzo Nobel NV
- Albemarle Corp.
- BASF SE
- Clariant AG
- Croda International PLC
- Diversey Holdings Ltd.
- Eastman Chemical Co.
- Henkel AG & Co. KGaA
- Huntsman International LLC
- National Chemical Laboratories Inc.
- Nouryon Chemicals Holding B.V.
- The Procter & Gamble Co.
- Reckitt Benckiser Group PLC
- Solvay
- Spartan Chemical Co., Inc.
- Stepan Co.
- Westlake Corp.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global industrial and institutional cleaning chemicals market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where in the market.
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