Global Industrial and Institutional Cleaning Chemicals Market Size study & Forecast, by Raw Material (Chlor-alkali, Surfactant, Solvents, Phosphates, Biocides, Others), by Product (General Purpose Cleaners, Disinfectants And Sanitizers, Laundry Care Produ

Global Industrial and Institutional Cleaning Chemicals Market Size study & Forecast, by Raw Material (Chlor-alkali, Surfactant, Solvents, Phosphates, Biocides, Others), by Product (General Purpose Cleaners, Disinfectants And Sanitizers, Laundry Care Products, Vehicle Wash Products, Others), by End-Use (Commercial, Manufacturing) and Regional Analysis, 2023-2030

Global Industrial and Institutional Cleaning Chemicals Market is valued at approximately USD 69.27 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 8.0% over the forecast period 2023-2030. Industrial and Institutional Cleaning Chemicals are a diverse range of chemical formulations designed for use in commercial, industrial, and institutional settings to maintain cleanliness, hygiene, and sanitation. These specialized cleaning agents are developed to address the unique challenges posed by larger and more complex spaces, machinery, and surfaces found in industries, businesses, and public facilities. These cleaning chemicals encompass a variety of products, including surface cleaners, degreasers, disinfectants, sanitizers, and specialized formulations tailored to specific applications The Industrial and Institutional Cleaning Chemicals Market is expanding because of factors such as growing commercial and industrial activities, increased emphasis on hygiene and sanitation as well as rising healthcare-associated infections.

As per World Health Organization (WHO) projections, approximately 7 out of every 100 patients in high-income countries and 15 out of every 100 patients in Low- And Middle-Income Countries (LMIC) are expected to experience at least one Hospital-Acquired Infection (HAI) during their stay in acute care hospitals. Moreover, according to the Centers for Disease Control and Prevention (CDC), HAIs are infections that patients develop while in the hospital or other healthcare settings. They are the most common cause of healthcare-associated deaths in the United States, accounting for an estimated 99,000 deaths each year. The Canadian Nosocomial Infection Surveillance Program (CNISP) conducted a comprehensive survey aimed at addressing issues related to healthcare-associated infections and gathering hospital-specific data. The findings revealed that U.S. acute care hospitals reported a total of 687,000 healthcare-associated infections. Alarmingly, approximately 72,000 patients in hospitals with healthcare-associated infections succumbed to complications during their hospitalizations. In addition, rising demand for green and sustainable products and rising outsourcing of cleaning services are creating new opportunities for market growth. However, the stringent regulations regarding the use and disposal of chemicals stifle market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Industrial and Institutional Cleaning Chemicals Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the rising number of manufacturing facilities, rising product development activities, rising number of healthcare facilities, and rising number of hygiene awareness programs. Asia Pacific is expected to grow at the fastest rate over the forecast period, owing to factors such as a rising number of industrial settings and a rising number of manufacturing facilities in the region.

Major market player included in this report are:
Procter & Gamble
BASF SE
Eastman Chemical Corporation
The Clorox Company, Inc.
Henkel AG & Co. KGaA
3M Comapny
Kimberly-Clark Corporation
Reckitt Benckiser Group plc
Croda International PLC
Albemarle Corporation

Recent Developments in the Market:
 In October 2022, BASF unveiled its newest offerings, such as Lavergy, Tinopal CBS X optical brightener, SokalanSR 400 A, and more, during the SEPAWA event in Berlin. These products were showcased for their applications across various sectors, including home care, industrial and institutional cleaning, and personal care markets.
 In August 2021, Diversey Holdings Ltd. revealed its commitment to acquiring Tasman Chemicals, a company specializing in the production of hygiene and cleaning chemicals across various sectors, including institutional applications and beyond.

Global Industrial and Institutional Cleaning Chemicals Market Report Scope:
 Historical Data – 2020 - 2021
 Base Year for Estimation – 2022
 Forecast period - 2023-2030
 Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
 Segments Covered – Raw Material, Product, End-Use, Region
 Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Raw Material:
Chlor-alkali
Surfactant
Solvents
Phosphates
Biocides
Others

By Product Type:
General Purpose Cleaners
Disinfectants And Sanitizers
Laundry Care Products
Vehicle Wash Products
Others

By End-user:
Commercial
Manufacturing

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

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