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The Industrial cleaning chemical market Size was valued at expected to reach USD 72.59 billion by 2032, and USD 47.4 billion in 2023 and grow at a CAGR of 4.85% over the forecast period 2024-2032.
Industrial cleaning chemicals are being used more and more in the refining and petrochemical and power generation industries. This is the main factor driving the growth of the industrial cleaning chemicals market. The overall growth of the industrial cleaning chemicals market is closely tied to the growth of end-use segments, such as manufacturing and commercial offices, healthcare, retail and food service, automobile and aerospace, hotels, and the food processing and dairy industry, among others. Cleaning is a very important part of how well these industries grow and do. Asia-Pacific and Western Europe are the next biggest markets for industrial cleaning chemicals after North America. The growth of the industrial cleaning chemicals market is being driven by the fact that people in the region's developed economies care a lot about hygiene and cleanliness standards.
Drivers:
After the COVID-19 pandemic, demand from end-use industries has gone up
Initiatives for Workplace Hygiene
More worry about making the environment healthier
Restraints:
Rules for the government and the environment
Opportunity:
Green and bio-based cleaning chemicals for industry
Chemicals and the Use of Enzymes in Detergents
Challenge:
Biocidal Products Take a Long Time to Get Approved
Almost every part of the world has been affected by the pandemic. Disruptions in the global supply chain are likely to have a small effect on the market for industrial cleaning chemicals. The manufacturing, commercial offices, and healthcare institutions are very important to the market.
China is a big exporter and maker of goods. Industrial activities in the country were hurt by strict lockdowns in the country's most important provinces. In the first three months of 2020, there was a big drop in the demand for industrial cleaning chemicals. This was mostly due to the spread of COVID-19. China is one of the biggest places that makes chemicals used to clean factories. But the need to clean and the rise in the number of retail and food products made it easier for the country to make more industrial cleaning chemicals.
COVID-19 has also had a big impact on North America and Europe. Because of this, the US, Canada, Italy, and Spain can expect a recession in the next two to three years. Exports from China are expected to go down, which will hurt the profit margins of people who sell industrial cleaning chemicals. During the forecast period, the price of industrial cleaning chemicals is expected to go up. The points below show how the pandemic affected different industries and what opportunities they have now that they are recovering.
By Ingredient Type
Solvents
Chelating Agents
PH Regulators
Solublizers/ Hydrotropes
Enzymes
Others
By Product type
Oven & Grill Cleaners
Metal Cleaners
Dishwashing
General Cleaning & Medical Device Cleaning
Food Cleaners
Dairy Cleaners
Disinfectants
Commercial laundry
By Application
Refining & Petrochemical
Metals
Power Generation
Others
By End-Users:
Manufacturing & Commercial Offices
Healthcare
Retail & Food Service
Hospitality
Automotive & Aerospace
Food Processing
Others
There are a lot of Tier-3 players in the Asia-Pacific industrial cleaning chemicals market, so it is not a unified market. Because the industrial sector is growing quickly, the market will grow quickly as well. Foreign Direct Investment (FDI) in India will grow, and China's manufacturing sector will grow quickly, both of which will increase the need for industrial cleaning chemicals.
China is also where a lot of cars are made, which will drive up the demand for industrial cleaning chemicals in China. North America and Europe are the next markets to follow Asia-Pacific. In these areas, growth has been steady, and the industrial cleaning chemicals market will continue to grow in the same way over the next few years. Europe is second in the world when it comes to making cars, and this industry will create a lot of demand for industrial cleaning chemicals over the next five years. As the US economy recovers from the 2022-2023 recession, the market for industrial cleaning chemicals in North America will grow steadily. Middle East and Africa and Latin America will have almost the same amount of the market for industrial cleaning chemicals, and both will grow strongly over the next few years.
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REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Reckitt Benckiser Group plc, Kimberly-Clark Corporation, Procter & Gamble, Croda International PLC, BASF SE, Huntsman International LLC, Clariant, The Clorox Company, Inc., Henkel AG & Co. KGaA, Albemarle Corporation, 3M, Eastman Chemical Corporation.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 47.4 Billion |
| Market Size by 2032 | US$ 72.59 Billion |
| CAGR | CAGR of 4.85% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Ingredient Type (Surfactants, Solvents, Chelating Agents, PH Regulators, Solublizers, Hydrotropes, Enzymes, Others) • By Product type (Oven & Grill Cleaners, Metal Cleaners, Dishwashing, General Cleaning & Medical Device Cleaning, Food Cleaners, Dairy Cleaners, Disinfectants, Commercial laundry) • By Application (Refining & Petrochemical, Metals, Power Generation, Others) • By End-Users (Manufacturing & Commercial Offices, Healthcare, Retail & Food Servicem, Hospitality, Automotive & Aerospace, Food Processing, Others) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Reckitt Benckiser Group plc, Kimberly-Clark Corporation, Procter & Gamble, Croda International PLC, BASF SE, Huntsman International LLC, Clariant, The Clorox Company, Inc., Henkel AG & Co. KGaA, Albemarle Corporation, 3M, Eastman Chemical Corporation |
| DRIVERS | • After the COVID-19 pandemic, demand from end-use industries has gone up • Initiatives for Workplace Hygiene • More worry about making the environment healthier |
| Restraints | • Rules for the government and the environment |
Ans: Primary or secondary type of research done by this reports.
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: Almost every part of the world has been affected by the pandemic. Disruptions in the global supply chain are likely to have a small effect on the market for industrial cleaning chemicals. The manufacturing, commercial offices, and healthcare institutions are very important to the market.
China is a big exporter and maker of goods. Industrial activities in the country were hurt by strict lockdowns in the country's most important provinces. In the first three months of 2020, there was a big drop in the demand for industrial cleaning chemicals. This was mostly due to the spread of COVID-19. China is one of the biggest places that makes chemicals used to clean factories. But the need to clean and the rise in the number of retail and food products made it easier for the country to make more industrial cleaning chemicals.
Ans: Green and bio-based cleaning chemicals for industry and Chemicals and the Use of Enzymes in Detergents are the opportunity for Industrial Cleaning Chemicals Market.
Ans: Global Industrial cleaning chemical market Size was valued at expected to reach USD 72.59 billion by 2032 and USD 47.4 billion in 2023 and grow at a CAGR of 4.85% over the forecast period 2024-2032.
Table of Contents
1. Introduction
1.1.Market Definition
1.2.Scope
1.3.Research Assumptions
2.Research Methodology
3.Market Dynamics
3.1.Drivers
3.2.Restraints
3.3.Opportunities
3.4.Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5.Value Chain Analysis
6.Porter’s 5 forces model
7.PEST Analysis
8.Industrial cleaning chemical market Segment, By Ingredient Type
8.1.Surfactants
8.2.Solvents
8.3.Chelating Agents
8.4.PH Regulators
8.5.Solublizers/ Hydrotropes
8.6.Enzymes
8.7.Others
9.Industrial cleaning chemical market Segment, By Product type
9.1.Oven & Grill Cleaners
9.2.Metal Cleaners
9.3.Dishwashing
9.4.General Cleaning & Medical Device Cleaning
9.5.Food Cleaners
9.6.Dairy Cleaners
9.7.Disinfectants
9.8.Commercial laundry
10.Industrial cleaning chemical market Segment, By Application
10.1.Refining & Petrochemical
10.2.Metals
10.3.Power Generation
10.4.Others
11.Industrial cleaning chemical market Segment, By End-Users:
11.1.Manufacturing & Commercial Offices
11.2.Healthcare
11.3.Retail & Food Service
11.4.Hospitality
11.5.Automotive & Aerospace
11.6.Food Processing
11.7.Others
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 France
12.3.4 Italy
12.3.5 Spain
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4 Asia-Pacific
12.4.1 Japan
12.4.2 South Korea
12.4.3 China
12.4.4 India
12.4.5 Australia
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.1 Israel
12.5.2 UAE
12.5.3 South Africa
12.5.4Rest
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Rest of Latin America
13. Company Profile
13.1 Reckitt Benckiser Group plc
13.1.1 Financial
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 Kimberly-Clark Corporation
13.3 Procter & Gamble
13.4 Croda International PLC
13.5 BASF SE
13.6 Huntsman International LLC
13.7 Clariant
13.8 The Clorox Company, Inc.
13.9 Henkel AG & Co. KGaA
13.10 Albemarle Corporation
13.11 3M
14. Competitive Landscape
14.1 Competitive Benchmark
14.2 Market Share analysis
14.3 Recent Developments
15. Conclusion
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